Page 2313 - Economy & Policy News

300,000 companies under the tax scanner for money laundering

The tax department will seek restoration of such struck-off companies by filing an appeal before NCLT

Apparel exporters fear tough year ahead as global orders fall

Demand from key importers and particularly, the United Arab Emirates, has gone down drastically

Lok Sabha MPs are 147 times richer than rural households, says report

The top three wealthiest MPs are politicians from Andhra Pradesh and Telangana

From validity to route distance, govt relaxes norms for e-way bills

The govt is also considering stopping generation of multiple e-way bills on one invoice number

N K Singh bats for keeping a check on the Centre's fiscal consolidation

Singh had recommended the fiscal road map for the Centre and states

Home loan queries at finance firms down 7.9% in December quarter

In the case of banks, however, home loan enquiries showed a year-on-year increase of 9.3 per cent, says report

Synthetic textile manufacturers plan to expand capacity in 3 years

The industry saw nearly 300,000 tonnes of new capacity across the entire value chain in the past two to three years

Basmati rice export may hit a record level of Rs 30,000 cr this season

However, the export volume is only marginally higher at 2 per cent

Explained: How PM Narendra Modi helped 'democratise' the internet

Between 2014 and 2018, the number of internet subscribers has more than tripled to over 560 million from 177 million

Merchandise exports to be at $330 billion in FY19: Suresh Prabhu

This will be lower than the $350-bn target set by the commerce department

Delhi cops register case against Fortis' Singh brothers for siphoning funds

FIR against Singh brothers, Godhwani, others for misappropriation of funds, forgery, criminal conspiracy

US undermining UNSC by forcefully moving resolution on Azhar: China

"We urge the US to act cautiously and avoid forcefully moving forward this resolution draft," Geng said.

Indian Railways likely to surpass revised freight target for FY19

The transporter has handled incremental freight traffic of 54.14 mt from April to February in 2018-19

Income support scheme can be realised by cutting other doles: Y V Reddy

It would be difficult for state governments to implement a similar scheme as they largely depend on the Centre for finance, he said

Donald Trump presses OPEC to boost output to bring down oil prices

Oil prices took a brief, sharp turn downward after Donald Trump's statement before recovering somewhat.

India's 'power' conundrum: Deeply connected but not yet electrified

Discoms go back in red, clouding the country's '24x7 power' dream

Bullish bets on Indian rupee rise ahead of Lok Sabha elections 2019: Poll

The confidence rode on brightening re-election prospects of Prime Minister Narendra Modi and his ruling Bharatiya Janta Party, translating into inflows of $5.99 billion so far this year into equities.

CBDT raises alarm as direct tax collection stands at Rs 10.21 trillion

Asks for urgent action, especially with respect to recovery of arrears and current demand, to achieve the collection target

The NDA govt's war against black money a mixed bag in terms of results

Cash hasn't vanished but overall, the exchequer is richer

Mission Shakti: India's space research spending triples to Rs 11,538 crore

India's spending on space research almost tripled from Rs 4,163 crore in 2009-10 to Rs 11,538 crore in 2018-19