Page 2339 - Economy & Policy News

Govt keen on amalgamation of PSBs to create healthy large banks: Jaitley

"The NPA curve has gone down in the last two-three quarters," he said

Lok Sabha election uncertainty to keep India's stock markets jittery: Poll

An alliance of regional parties would be the worst outcome, knocking the market down 7.5 percent in the vote's immediate aftermath, according to the poll replies.

Linking PAN with bank mandatory for refunds from March: I-T to taxpayers

Till now, the department used to issue refunds to taxpayers either in their bank accounts or through account payee cheques, in a case-to-case basis depending on the category of taxpayers

Flyers, know your rights: Cancel flights free of cost within 24 hours

Airlines must offer alternate flights or full refund when there is a flight delay of over six hours

Solar energy installations drop 15%, tariff caps biggest concern

The market is adjusting to the safeguard duty regime, but much will depend on Chinese solar policy and installation goals in the future

How will Indian economy do in 2019? 'Animal spirits' hint to a tame start

With exports continuing to trail imports, India's trade deficit widened in January from a month ago

Finance Ministry asks direct tax code panel to revise existing I-T slabs

This suggestion was given when the task force for re-writing direct tax legislation met Finance Minister Arun Jaitley on Wednesday, a day ahead of the scheduled submission of the DTC draft report

Centre proposes agricultural power lines, but some states don't agree

While the Centre's emphasis was on household electrification, power for agriculture had so far not been pushed with much enthusiasm

Off the PCA hook, banks bet on loans to small biz and agriculture sector

The Reserve Bank of India (RBI) has taken out six of the 12 banks from PCA

Rs 2 per kg hike in MSP to improve sugar mills' cash flow: Report

Additional inflow of funds is set to reduce cane arrears, which surged to Rs 20,000 crore in January

High inventory with channel partners to jolt farm input firms next season

Sharp rise in inventory may pressurise their sales and realisation going ahead, weak sales this season so far have already seen massive return of sold goods

CBDT chairman tells taxmen to boost collection without harassing taxpayers

In an internal communication to principal chief commissioners of I-T on February 26, the apex body for direct taxes asked the officials to maximise revenue collection

Currency in circulation may touch around Rs 20.9 trillion by FY19

Had there been no demonetisation, the expected amount at the end of FY19 would have been Rs 22.45 trillion

Rs 20,000 cr GST evasion detected in April-Feb FY19, half recovered

Tax officers on Tuesday detected fake invoice worth Rs 1,500 crore which was used to claim illegal GST credit of Rs 75 crore

SBI has found fraud worth Rs 7,951.3cr in April-December: RTI reply

In an RTI reply, the nation's largest lender said, the first quarter reported 669 cases of fraudulent activities

Looking beyond dairy produce: Why love for cows must make economic sense

Cow shelters could also monetise cow dung and urine, say experts

Far from reducing imports, India's oil and gas production has slumped

The country's dependence on imports has increased over the past four years and domestic production has fallen

National drug pricing regulator fixes retail value of 36 formulations

NPPA fixes ceiling and retail prices of essential medicines of Schedule I under the Drugs Order 2013

UP farm credit potential at Rs 2.68 trn in FY20, up 13% over current fiscal

Higher credit flow to boost state's agro economy in crucial election year

Full text: India lost one MiG 21, pilot is missing in action, confirms MEA

The statement follows fresh confrontation a day after Indian Air Force launched a counter-terrorism action against a training camp of Jaish-e-Mohammed (JeM) in Pakistan