Page 2317 - Economy & Policy News

Explained: Why GST still vexes India's real estate developers and buyers

The press release after the 34th GST Council meeting has attempted to address many of ambiguities and apprehensions

Sebi seeks more powers to inspect books of listed firms, thwart frauds

Sebi has proposed a heavy penalty for altering, destroying,concealing or falsifying records and documents or other tangible objects with an intent to obstruct or influence a legal investigation

Banks flag 'tardy' work, piling-up of cases at debt recovery tribunals

The concerns have been conveyed to the finance ministry through the Indian Bank's Association earlier this month

Cold storage capacity expands, Rs 21,000 crore investment lined up by 2023

Currently 68% of existing cold storage capacity is used for potato and yet farmers aren't getting the right price. The situation in other commodities no better

Smart City projects on Modi govt's agenda to woo middle class

Tenders worth Rs 1.31 trillion cleared, work to be completed over five years

Government names next navy chief, superseding one admiral

Admiral Karambir Singh will be first helicopter pilot to head navy

PM-Kisan: About 4.74 cr farmers to get second installment from next month

Ahead of the Lok Sabha polls, the Centre announced the Rs 75,000-crore Pradhan Mantri Kisan Samman Nidhischeme

Income-tax officials to keep an eye on sensitive LS seats, bank branches

The direction to the income tax officials came from Central Board of Direct Taxes Chairman PC Mody during a meeting held on Wednesday through video conferencing

High times in Beverly Hills with pot delivery and a Gucci ashtray

High-end department store Barneys New York has given the marijuana lifestyle the luxury treatment, launching a range of pot-themed products this week

Economic Affairs secretary S C Garg defends data revisions amid row

'The results are there for everyone to see,' Garg said

Fitch cuts India GDP growth forecast for FY20 to 6.8% from previous 7%

On the fiscal side, the budget for FY20 plans to increase cash transfers for farmers

Govt crosses divestment target for 2nd year in a row; rakes in Rs 85,000 cr

In FY18, Centre raised Rs 1 trn, compared to a budgeted target of Rs 72,500 cr

Govt gets bids worth Rs 28,000 cr in 5th CPSE ETF, to retain Rs 10K cr

CPSE ETF FFO4 oversubscribed by about 8 times so far against the base issue size of Rs 3,500 crores. Government has decided to retain Rs 10,000 crores, says DIPAM

Launch of second set of Vande Bharat trains delayed due to elections

Though the routes were not finalised, the second set of trains was expected to start operations April

RBI defers launch of IndAs again, awaits amendments to the banking laws

In a late night statement, the RBI said the legislative amendments recommended by it are under consideration of the Centre

108 economists and social scientists question govt's motives in open letter

An intellectual battle is being fought through these letters, largely on social media

Govt exceeds FY19 divestment target by Rs 5,000 cr, rakes in Rs 85,000 cr

The govt has mopped up Rs 9,500 crore from the fifth tranche of CPSE ETF and Rs 14,500 crore from the REC-PFC deal

Govt extends IGST, compensation cess exemption

These exemptions have been extended for exporters buying inputs domestically or importing for export purposes under export oriented unit (EOU) scheme

Rs 2,000 Cr Bonds To Fund Cauvery Development

India needs more reforms to remain the fastest-growing large economy: IMF

Important reforms have been implemented and we feel more reforms are needed to sustain this high growth, said IMF