Page 2341 - Economy & Policy News
Have to blend good governance with clever politics, says Arun Jaitley
"What we have done in terms of policy direction is fuse market economy with social conscience," he said
 "Have to blend good governance with clever politics, says Arun Jaitley")
Trai begins review of transaction charges involved in network port-outs
The 'per port transaction charge' refers to the amount payable by the recipient operator to the MNP service provider for processing each porting request of a mobile subscriber
 "Trai begins review of transaction charges involved in network port-outs")
Odisha bars input credit under GST for firms maintaining staff guesthouses
An order to this effect has been given by Appellate Authority for Advance Ruling (AAAR), Odisha, in a case relating to NALCO and order given by Authority for Advance Ruling, or AAR
 "Odisha bars input credit under GST for firms maintaining staff guesthouses")
#MeToo: 50 sexual harassment complaints at RBI till date
Central bank had set up committee to deal with sexual harassment in 1998
 "#MeToo: 50 sexual harassment complaints at RBI till date")
Business remain slow at India-Asean Expo despite bilateral bonhomie
The proposed ambitious pact between 10 Asean economies and six others is still stuck after 24 rounds of talks
 "Business remain slow at India-Asean Expo despite bilateral bonhomie")
On Trump's desk: US visa regulations that would affect 90,000 H1-B spouses
Now White House would carry out its review of the proposed regulation, take inputs from various agencies, before taking a final call
 "On Trump's desk: US visa regulations that would affect 90,000 H1-B spouses")
West Bengal FM Amit Mitra wants 1% GST rate for houses up to Rs 40 lakh
Amit Mitra raised certain contentious issues such as the fate of input tax credit if a proposal by a group of ministers on real estate is implemented
 "West Bengal FM Amit Mitra wants 1% GST rate for houses up to Rs 40 lakh")
IBC reigns supreme over other civil laws, says Delhi High Court
Court's observations came while rejecting Liberty House's plea to stop SBI from invoking bank guarantee
 "IBC reigns supreme over other civil laws, says Delhi High Court")
Shriram Transport to raise Rs 5k cr in Q4 by securitisation of loans
Securitisation is the process of conversion of a loan into marketable securities for raising cash by selling them to other investors
 "Shriram Transport to raise Rs 5k cr in Q4 by securitisation of loans")
Recapitalisation solved solvency issue, but PSB turnaround awaited: Moody's
PSB executives said banks will look at expanding their loan books with focus on the retail, agriculture and micro, small and medium enterprises segment
 "Recapitalisation solved solvency issue, but PSB turnaround awaited: Moody's")
Ensuring inter-mediation by banks in clean manner a challenge: Rajiv Kumar
Making credit rating agencies more accountable is also another challenge, the secretary said
 "Ensuring inter-mediation by banks in clean manner a challenge: Rajiv Kumar")
Railways set to launch massive recruitment drive to fill up 131,000 posts
The new set of job notification include recruitment of 100,000 staff in Level-1 (erstwhile Group-DCategories) for which online registration would open on March 12
 "Railways set to launch massive recruitment drive to fill up 131,000 posts")
Strict action if cane dues not settled by Feb 28, UP govt warns sugar mills
Currently, the state mills owe almost Rs 10,000 cr to farmers, which is almost half the total outstanding by mills in India, including Maharashtra
 "Strict action if cane dues not settled by Feb 28, UP govt warns sugar mills")
UP hits top gear to acquire land for Rs 14,700-cr Bundelkhand Expressway
Online bidding process underway to select developers for the mega infra project
 "UP hits top gear to acquire land for Rs 14,700-cr Bundelkhand Expressway")
#MeToo: Irdai annual reports have sexual harassment disclosure discrepancy
The insurance regulator has not counted all employee complaints in its annual report disclosures
 "#MeToo: Irdai annual reports have sexual harassment disclosure discrepancy")
Telangana govt to waive farm loans up to Rs 100,000; sets aside Rs 6,000 cr
The budget reflected the major electoral promises made by TRS, with thrust on welfare schemes
 "Telangana govt to waive farm loans up to Rs 100,000; sets aside Rs 6,000 cr")
Niti Aayog V-C bats for setting up an independent debt management office
Vice President Rajiv Kumar also pitched for segregating different aspects of Reserve Bank's responsibilities
 "Niti Aayog V-C bats for setting up an independent debt management office")
India, South Korea sign 7 pacts to enhance cooperation in infra, start-ups
The memorandum of understandings were signed after the two leaders held "constructive" talks on enhancing bilateral cooperation in a number of areas
 "India, South Korea sign 7 pacts to enhance cooperation in infra, start-ups")
Parliamentary panel summons top bosses of Facebook, WhatsApp, Instagram
The agenda of the Parliamentary Standing Committee on IT for the March 6 meeting is to hear these companies' views on safeguarding citizens' rights on social/online news media platforms
 "Parliamentary panel summons top bosses of Facebook, WhatsApp, Instagram")
India needs to boost economic growth as inflation outlook remains low: RBI
Most of the six-member Monetary Policy Commitee were in favour of spurring growth in Asia's third largest economy amid a soft inflation outlook on a sustained fall in food prices
 "India needs to boost economic growth as inflation outlook remains low: RBI")