Page 2303 - Economy & Policy News

Congress' NYAY not a UBI or dole, but a poverty alleviation scheme: Rajan

Rajan was among those who advised the Congress on its scheme guaranteeing a minimum annual income of Rs 72,000 to 20 per cent of India's poorest families.

India delays May order for Iran oil, awaits clarity on US sanctions: Report

Washington had given a six-month waiver to eight nations including India, allowing them to import some Iranian oil until early May

Govt manages to meet revised fiscal deficit target of 3.4% of GDP

Finance Secretary Subhash Chandra Garg said the government is close to meeting fiscal deficit target of 3.4% for 2018-19

Capital goods and infrastructure firms report 19% slip in new orders

The fall is after 51% growth in FY18

Money laundering row: ED seeks probe report from Dutch investigator

According to the sources, the enforcement agency had received the money laundering alert a few months back when its counterpart in the Netherlands approached it for certain information

UP cane arrears of Rs 10,000 crore to ease by 40% as polling nears

The issue of sugarcane payments has always been a burning political issue in UP

Direct tax collection may fall short of Rs 50,000 cr in FY'19: Official

The shortfall in direct tax mop-up coupled with lower GST realisation may have implications on fiscal deficit.

Indian aviation to attract $12.1-billion investment: Ajit Singh

Air traffic density in India, however, very low at 72 as compared to China (282), Brazil (231), Malaysia (1,125), the US (2,896) and Sri Lanka (530)

No plan to cap airline licences: Ajit Singh

It is the civil aviation ministry's mandate to see the aviation sector is financially healthy. We do not want any fly-by-night operators: Ajit Singh

US criticises India's data localisation norms, draft e-commerce policy

It said these requirements raise costs for suppliers of data-intensive services by forcing the construction of unnecessary, redundant data centres

Govt is 'closely engaged' with US on H-1B visa programme: VK Singh

'The US administration has also taken some steps towards stricter enforcement and prevention of abuse of the work visa programmes,' Singh

Take over the defaulting sugar mills: Sanjeev Balyan to UP govt

At present, total cane arrears in Uttar Pradesh stands at about Rs 2,118 crore

Take over the defaulting sugar mills: Balyan to UP govt

Concerned over Rs 2,100 crore cane arrears in UP

Sports Authority of India to be renamed: Rajyavardhan Singh Rathore

The Union minister said he was working to shift sports from government to professionals.

Assam's economy has stabilised: Tarun Gogoi

Assam government, he said, will continue to press for its demand of restoration of special category status to Assam

Over half a million housing units worth Rs 4.5 trn facing delays: Anarock

Over half a million housing units worth Rs 4.5 trn facing delays: Anarock

Inflation seen inching up in March, but still below RBI target: Poll

If the forecast is realized, March will be the eighth month in a row with below-target inflation, giving the RBI room to squeeze in another rate cut this year

India's passenger vehicle sales to pick up pace after growth slows

India's passenger vehicle sales are expected to grow between 3-5 percent in the current fiscal year, after expanding at the slowest pace in five years last year

I-T detects Rs 281-cr racket of slush funds in MP raids; recovers Rs 15 cr

It said the sleuths have recovered Rs 14.6 crore of "unaccounted" cash and seized diaries and computer files of suspect payments made between Madhya Pradesh and Delhi

Investment boost: World Bank says India GDP to grow 7.5 per cent this year

With robust growth, and food prices poised to recover, inflation is expected to converge toward 4 per cent