Page 2321 - Economy & Policy News

NSSO employment data to be released by month-end, says official

There has been a controversy over NSSO figures not being released after a draft report had indicated that employment generation was slow

GST Council may discuss new rate structure on under-construction houses

GST Council will work out a formula that will clarify the extent to which a developer can avail the input-tax credit

India can't attain 9-10% GDP growth without revolution in farm sector: Kant

Kant also stressed on scrapping Agriculture Produce Marketing Committee and some old laws like the Essential Commodities Act, which restrict movement of farm produces

FAME-II: Govt sets up panel for monitoring, sanctioning of projects

The Rs 10,000-crore programme under the second phase of the FAME India scheme will be implemented over a period of three years with effect from April 1, 2019

GST Council to consider implementation of lower tax rates for realty sector

The council is expected to give its nod on new rules on how far builders can make use of credit for taxes paid on raw materials

Rupee at over seven-month high of 68.65; further gains likely

Foreign inflows into Indian equities and debt markets have surged, with $3.65 billion pouring in this month as of March 15

Hedgers line up to gain from crash in forwards after RBI's swap facility

The central bank said last week that it would swap up to $5 billion of three-year dollars with banks

Sugarcane belts to set tone for Lok Sabha polls in Uttar Pradesh

UP's sugarcane economy, estimated at Rs 40,000 crore, directly impacts nearly 4 million farmers' households and has an intrinsic downstream integration with the industry, especially sugar mills

In India, some MPs representing up to 2.5 million people, says study

People-per-MP ratio in the country among world's highest

Panel on cards to ensure no turf war among CCI, other regulators

CCI may soon engage with Centre, states in formulating policies so that competition is not affected

CBIC clears air on sales promotion offers under GST

The Director General of Foreign Trade has discontinued issue of physical copies of advance authorisations and EPCG (Export Promotion Capital Goods) authorisations

Centre likely to hike import duty on consumer durables yet again

Centre wants to curb import of these items as CAD inches towards 3% of GDP in Q2FY19, from 2% in Q3FY18

Tamil Nadu govt wooing HAL to set up manufacturing facility at Salem

The state has been chosen for establishing the Centre's ambitious defence corridor

No dilution of February 12 circular over stressed assets: RBI

Reserve Bank of India (RBI) Governor Shaktikanta Das last month had said there would be no changes in the circular

India to post customs officers in China to check black money, frauds

The move has been initiated by the Directorate of Revenue Intelligence to curtail incidents of trade-based money laundering and other financial frauds originating from China

Former CEA Kaushik Basu slams forces working to destroy India's reputation

Basu reiterated the 108 Indian and foreign economists and social scientists' concerns over political interference in statistical data in India

From output surge to lack of cold storage, issues that ail potato farmers

Many a time, farmers do not bother to even come to a cold storage to take delivery of their commodity

US says door open if India has serious proposals to resolve trade issues

Trump administration wants India to submit plan for trade and market access

Trump's trade war to cost US economy $7.8 billion in 2018: study

Authors of the paper said they analysed the short-run impact of Trump's actions and found that imports from targeted countries declined 31.5 percent while targeted U.S. exports fell by 11 percent.

RBI issues guidelines to prevent misuse of price-sensitive market info

The directions, the RBI added, would exclude transactions executed through the recognised stock exchanges