Page 2333 - Economy & Policy News
Crackdown has NGOs' foreign funding plunging 40% in four years: Report
Over 13,000 non-government organisations have been acted against by the Union home ministry by cancelling their licences, according to a report by a foreign consultancy Bain & Co
 "Crackdown has NGOs' foreign funding plunging 40% in four years: Report")
India seeks Saudi investment in strategic oil storage to resurrect refinery
Saudi Oil Minister, on his second visit to India in three weeks, discussed with its Indian counterpart Dharmendra Pradhan the 60 million tonne (MT) a year mega oil refinery cum petrochemical complex
 "India seeks Saudi investment in strategic oil storage to resurrect refinery")
CR wants hike in frequency as new Mum-Del Rajdhani nears 100% occupancy
Says train is perfect to go to Agra from Mumbai, come to Nashik from Delhi, as large number of passengers are booking tickets for these two destinations
 "CR wants hike in frequency as new Mum-Del Rajdhani nears 100% occupancy")
Govt scraps 6th, 7th rounds of coal mine auction; sale of 19 blocks on hold
The decision was taken during a meeting of the Cabinet Committee on Economic Affairs under the chairmanship of Narendra Modi
 "Govt scraps 6th, 7th rounds of coal mine auction; sale of 19 blocks on hold")
Expensive cars, jewellery to become cheaper as TCS to be out of GST working
Under Income Tax Act, tax collection at source is levied at 1% on purchase of vehicles above Rs 10 lakh, jewellery exceeding Rs 5 lakh and bullion over Rs 2 lakh
 "Expensive cars, jewellery to become cheaper as TCS to be out of GST working")
Data usage in India to grow at 73% CAGR by 2022: Assocham-PwC study
Average monthly spend on voice services in 2013 was Rs 214 compared to Rs 173 spent on data. In 2016, the spend on voice fell to Rs 124, while data spend rose to Rs 225, says the report
 "Data usage in India to grow at 73% CAGR by 2022: Assocham-PwC study")
Will natural gas play the game-changer in India's energy future?
Recent city gas rounds to bring in Rs 1.2 trillion investments in next ten years and push goal of achieving 15% share of natural gas in energy mix
 "Will natural gas play the game-changer in India's energy future?")
Cement prices recover after a year, increase by 5-6% on pre-poll projects
Till the end of last year, cement companies were resorting to giving discounts to push sales
 "Cement prices recover after a year, increase by 5-6% on pre-poll projects")
Govt move to charge us for Aadhaar e-KYC to make services costly: Industry
The Cabinet had last week enacted the Aadhaar and Other Laws (Amendment) Ordinance, 2019, which will allow use of Aadhaar number as a voluntary KYC mechanism
 "Govt move to charge us for Aadhaar e-KYC to make services costly: Industry")
Sugar alone doesn't cause diabetes: Indian producers want you to believe
Even Pakistanis and Sri Lankans have a sweeter tooth than Indians. What then makes India the diabetes capital of the world?
 "Sugar alone doesn't cause diabetes: Indian producers want you to believe")
Gender gap in mobile and internet usage in India as per GSMA report
The gap is 3% lower than the previous year, driven largely by closure in the mobile internet gender gap in India
 "Gender gap in mobile and internet usage in India as per GSMA report")
New power projects, plan for stressed assets not enough, say experts
CCEA had on Thursday approved new power projects worth Rs 31,000 crore
 "New power projects, plan for stressed assets not enough, say experts")
Suresh Prabhu confident of meeting $100-billion FDI target by 2020
"We have achieved record FDI inflows last year. We have set a target and are already working on bringing in USD 100 billion FDI (by 2020)," Prabhu said
 "Suresh Prabhu confident of meeting $100-billion FDI target by 2020")
PM-KISAN money lands in farmers' accounts, vanishes after 2 days
The question is: Where has it gone? And will it return? So far no complaints have been lodged
 "PM-KISAN money lands in farmers' accounts, vanishes after 2 days")
Odisha keen to plug West Bengal's summer projected power deficit
West Bengal apprehending a power crunch beginning June this year has floated tenders, seeking to procure 300 Mw power from other states
 "Odisha keen to plug West Bengal's summer projected power deficit")
PM opens Delhi Metro's Blue Line extension in Noida; services start today
The completely elevated section with six stations -- Sector 34, Sector 52, Sector 61, Sector 59, Sector 62 and Noida Electronic City -- will benefit the people of Noida
 "PM opens Delhi Metro's Blue Line extension in Noida; services start today")
Jammu and Kashmir extends amnesty scheme to settle tax arrears till Mar 31
The decision was taken by the state administrative council led by Governor Satya Pal Malik on Friday
 "Jammu and Kashmir extends amnesty scheme to settle tax arrears till Mar 31")
Delhi govt hikes auto fares by 18% ahead of Lok Sabha elections
The meter-down charge of Rs 25 per two kilometres has also been revised by the committee to Rs 25 for 1.5 kilometre, said Transport Minister Kailash Gahlot
 "Delhi govt hikes auto fares by 18% ahead of Lok Sabha elections")
Houses up to 500sq feet exempted from property tax in Maharashtra
In another significant decision, the cabinet approved a proposal to give on ownership basis the co-operative housing societies meant for Panshet flood-affected people in Pune.
 "Houses up to 500sq feet exempted from property tax in Maharashtra")
Fugitive Nirav Modi tracked down to swanky London apartment: Report
Nirav Modi is currently living in a three-bedroom flat occupying half of a floor of the landmark Centre Point tower block, where rent is estimated to cost 17,000 pounds a month, The Telegraph reported
 "Fugitive Nirav Modi tracked down to swanky London apartment: Report")