Page 2310 - Economy & Policy News

UPI touches nearly 800 mn transactions, amounting to Rs 1.3 trn in March

The amount transacted through BHIM until February was Rs 5,624 crore

On Foundation Day, Odisha receives GI tag for 'Kandhamal Haldi'

The GI tag was primarily developed with the purpose of recognising the unique identity connecting different products and places

NYAY, PM KISAN problematic, target narrow group: Arvind Subramanian

The former CEA said he is strongly for quasi-universal schemes that 'exclude out' a few rather than 'target in' many, as despite progress, the experience with the latter has been poor

Growth of eight core sectors slows down to 2.1% in Feb vs 5.4% y-o-y

Infrastructure output, which comprises eight sectors - such as coal, crude oil and electricity - accounts for nearly 40 per cent of India's industrial output

GST revenue touches record high of Rs 1.06 trillion in March: FinMin

Total number of summary sales return GSTR-3B filed for the month of February up to March 31 stood at 7.59 million

India levies anti-dumping duty on solar cell component from four nations

Imports of components used in solar industry have increased as India launched an ambitious national solar policy named Jawaharlal Nehru National Solar Mission in January 2010

Jet fuel price hiked again, cost of non-subsidised LPG goes up by Rs 5

The hike will add to the burden of cash strapped airlines that are already reeling under pressure from cut-throat competition in the sector

OMC to open four new mines, increase output to beat iron ore crunch

253 iron ore mines are lapsing nation wide by March 2020. Of the total mines headed for expiry, only 33 are working

Statsguru: Sociopolitical attitude of people ahead of Lok Sabha elections

When it comes to the institutions that run our democracy, people tend to trust the Army, the courts and the district collector the most

India delays levying retaliatory tariff on US goods to May 2

The new tariff structure was to come into force from April 1.

Not linked your PAN with Aadhaar yet? Deadline extended by 6 months

This is the sixth time the government has extended the deadline for individuals to link their Permanent Account Number (PAN) to Aadhaar

Direct tax mop-up reaches Rs 11.5 trn against revised target of Rs 12 trn

The collection figures are expected to go up as the tax collection continues till midnight, said a government official in the know

Rural India buying less of consumer products due to falling income

Falling incomes and longer winter to translate into lower demand for at least some months

ADB to extend $750-millon loan to push railways' electrification drive

The ADB debt financing is likely to be structured as a standard secured project finance loan for a tenor of 20 years

Demonetisation good for economy in the long run: HDFC's Aditya Puri

Puri said the demonetisation has brought more money into the financial system which will boost economy on long-term basis

Discoms slip back into the red, clouding India's '24x7 power' dream

'Power' conundrum: Deeply connected but not yet electrified

Roll-out of new, simplified monthly GST return forms deferred

Small taxpayers, with turnover of up to Rs 5 crore in the last financial year, can file quarterly return with monthly payment of taxes on self-declaration basis

Inflation fine, growth slips and fiscal consolidation is under pressure

The current account deficit is on the rise, but manageable

IBC takes 300 days, BIFR took 5-8 yrs: IBBI chairman M S Sahoo

As many as 12,000 cases have been filed since the implementation of the IBC and setting up of NCLT, shows government data

India to get second largest PSB as Dena, Vijaya to merge with BoB today

The interoperability of the key banking services across all branches would be introduced by the end of April