Page 2295 - Economy & Policy News

India can cut costs by switching kerosene subsidies to solar energy: Study

The report shows support for off-grid solar could be made directly to households, through manufacturers or as subsidized credit through financial institutions

India's growth holds immense potential for global stakeholders: Sinha to UN

Counsellor in India's Permanent Mission to the UN Ashish Sinha said India improved its ranking by 23 positions in the World Bank's Ease of Doing Business rankings last year

After IAF's strike on Balakot, Centre turns to Russia to boost ammo power

Army short of air defence missiles, rockets, anti-tank ammunition

Credit squeeze, GST hiccups dent India's gems and jewellery exports in FY19

Shipments decline by over 3% as high import duty on polished diamond adds to list of impediments; no improvement in situation seen in current fiscal

BBB identifies 75 senior officers for leadership roles in govt banks

BBB has made a case for giving a complete autonomy to banks to decide organisational structure for better efficiency

You are the biggest stakeholders in the economy, PM Modi tells traders

For the 70-million traders across the country, Modi managed to hit all the right notes on Friday

Near Lucknow, farm and cow issues, and a struggle to attend to candidates

About a third of all wheat consumed in India comes from UP, even though the state produces just 33.9 quintals per hectare

CBDT's taxation proposal to hit loss-making foreign companies: Experts

According to proposals for companies with global losses or global profit margin of less than 2 per cent, the Indian profits would be deemed to be 2 per cent of the revenue or turnover

Essar Power, GMR receive govt notice to revoke bank guarantees

The Rs 900-cr bank guarantees are for the two blocks of GMR and one of Essar

Govt working to directly transfer fertiliser subsidy to farmers

The scheme may take two-three years to bear fruit

1,500 rules scrapped in 5 yrs to help business: PM makes his election pitch

Modi said his government's reforms like GST had cut red tape and improved transparency

Gold imports dip 3% to $32.8 bn in 2018-19, will keep a lid on CAD

Total imports of the precious metal in 2017-18 had stood at $ 33.7 billion, according to data from the commerce ministry

LSE names a professorship after economist Amartya Sen

The London School of Economics and Political Science (LSE) has created a new academic position in honor of philosopher and economist Amartya Sen who was a professor there from 1971-82.

India's online retail mkt to cross $170 bn by FY30, says Jefferies report

The online retail can potentially increase to around 37 per cent of the total organised retail market during this period

India rice rates dip as demand slows, Bangladesh to review export ban

The country's rice exports for April-February dropped 9.4 percent from a year earlier to 10.57 million tonnes, as leading buyer Bangladesh trimmed its purchases due to a bumper local harvest

FPIs in a bind over RBI's voluntary retention route for distressed debt

RBI threw open the VRR to investors last month, aimed at attracting long-term overseas money into the debt market while ensuring operational flexibility to FPIs to manage their investments

RBI releases draft framework for regulatory sandbox to help fintech space

The sandbox will begin the testing process with 10-12 selected entities focusing on financial inclusion, payments and lending, digital KYC, etc

Govt panel submits report on taxing profits of foreign companies

On profit attribution, the report states that profits derived from India need to be defined objectively

CBDT identifies 20.4 million non-filers, asks I-T dept to take action

The tax department has initiated action based on the NMS database, which has identified such non-filers and dropped filers

Don't resort to predatory pricing of tickets: Govt tells airlines

Airfares have risen amid reduced number of flights in the wake of grounding of planes by Jet Airways