Page 2287 - Economy & Policy News

TRAI ropes in BECIL to audit systems of cable, DTH firms under new norms

TRAI has pulled up a number of operators, both Cable TV and DTH service providers, for violation of rules, as it acted on consumer complaints pertaining to specific offerings

India needs minister for investment; a technocrat to fix turmoil in finance

The government must find an investment czar, who will boldly open doors to American and Japanese finance

Dangerous to let viable cos shut down, IBC gives another chance: IBBI chief

M S Sahoo also noted that CoCs must provide all relevant information to resolution applicants so that they find interest in the companies

India's push to spur economic growth in developing nations with ADB's help

Innovation in financing will be the key to success of long-term growth strategy, Economic Affairs Secretary Subhash Chandra Garg said

Former Bhushan Steel CFO Nitin Johri arrested for fraudulent practices

Johri was managing the affairs of Bhushan Steel and was looking after raising of funds from banks and financial institutions

Charles Evans says Federal Reserve might have to aim for inflation above 2%

The US Federal Reserve held interest rates steady on Wednesday and signaled little appetite to adjust them any time soon

London top choice for Indian investors with record investments in 2018

52 projects, ahead of the US (51) and the UAE (32), in 2018, said London & Partners (L&P), the Mayor of London's promotional agency, in the new analysis released on Friday

A journey down the Ganga in the age of Narendra Modi

From its origins in the Himalayas to the Bay of Bengal, the Ganges is a place of worship, a source of livelihoods, of water, power, and transport: It is all of those and more

IRCTC locks horns with RailYatri, TravelKhana over food delivery

The average number of meals booked by e-catering on trains daily has now increased to about 10,000, from 5,188 in FY18

Sweet year ahead: Sugar sector outlook turns positive for next season

Lower sugarcane crop, higher ethanol production to protect industry from glut

GST relief for homebuyers, builders in Bengal after rule change on services

AAR has ruled that services such as preferential location charges (PLC), space for parking, common area maintenance services could be bundled with the main construction services

IBC resulted in recovery rate of 43%, figure is respectable: CRISIL

As on March 31 of this year, the resolution plan for 94 stressed assets was approved by the National Company Law Tribunal (NCLT)

Dollar swap auction boosts forex reserves by $4.7 bn to $418.5 bn

The forex kitty had touched a life-time high of $426.028 billion in the week to April 13, 2018

China relented on Masood Azhar to preserve its image amid global pressure

Masood Azhar's listing as a global terrorist is a diplomatic victory for India, but it might not do enough to stop terrorism emanating from Pakistan

Indian sugar output reaches 32.11 mn tonnes in Oct-Apr; to hit new record

The country's sugar output during the 2017-18 marketing year (October-September) was a record 32.5 million tonnes

Cement companies to face action for truck over-loading in Chhattisgarh

Truck over-loaded with cement bags would now land even the manufacturer of the product into trouble in Chhattisgarh

Cyclone Fani: Over Rs 1,000 cr released in advance for relief, says PM Modi

Addressing an election rally, he said the government was with the people in times of crises

India needs deft diplomacy with Iran, US over sanctions: Ex-deputy NSA

India is among the eight nations whose six-month-long exemptions from US sanctions to stop buying oil from Iran ended on Thursday

Ujjwala scheme boosts India's LPG consumption to a record high in FY19

The boost follows a social welfare programme, known as the Ujjwala scheme, launched by the government in 2016 that has provided about 72 million new LPG connections

Centre's tax revenue at Rs 13.2 trillion in FY19, missed target by 11%

The collection in 2017-18 was 98% of the revised target