Page 2346 - Economy & Policy News

UP procures record 4.65 mn tonnes paddy, barely enough space to store it

Currently, warehouses can store just 5.4 mn tonnes of food grains; State is ramping up capacity to touch 8 mn tonnes in 5 years for optimum procurement

Munich Conference ends; India raises Pulwama issue with several nations

The 55th Munich Security Conference, which brings together global leaders and security experts from across the world, was attended by India's Deputy National Security Advisor Pankaj Saran

Revenue dept to set up committee to clamp down on bogus e-way bills

Instances on bogus e-way bills based on fake invoices have been detected since April and the tax evasion involved worked out to about Rs 5,000 crore, an official said

Irdai panel wants 'sandbox committee' for digital innovation in insurance

Loosely defined, a sandbox approach means experimenting and learning before finally adopting a technology or system. This approach helps in containing the impact of failures

NHA to engage with Healthcare Fed for better roll-out of Ayushman Bharat

The collaboration comes at a time when NHA will be undertaking the exercise of calibrating package rates and development of standard treatment protocols to ensure quality healthcare across India

Not yet informed of govt's decision on telecom ombudsman: Trai to DoT

Under present norms, telecom subscribers can register a complaint with the call centre of their service provider

Coal imports rise 5% to 190 mn tonnes in April-January: Report

But January month saw a decline in coal import to 17.25 MT from 19.59 MT in the same month of the previous fiscal

India turns net importer of finished steel in Apr-Jan, exports fall 37%

India has set a target of ramping up its steel production capacity and per-capita steel consumption to 300 MT and 160 kg, respectively, by 2030-31

Pulwama terror attack: Govt, Opposition stand united as anger mounts

All-party resolution expresses solidarity with security forces; customs duty on Pakistani goods hiked to 200%

India becomes top buyer of Venezuelan crude in February, imports jump 66%

Venezuelan crude exports have plunged since US President Donald Trump ratcheted up sanctions against the country's oil company

Maiden 'Regional Maritime-Safety Conference' to focus on security, trade

The UNCTAD's '2017 Review Report' confirms that global merchandise trade conducted via the seas has been on the rise since 1975

Vande Bharat Express breaks down; shadow over tomorrow's commercial run

The breakdown happened almost 18 hours after Prime Minister Narendra Modi inaugurated the Train 18 on Friday evening

How a new Bill proposes to tighten the noose on ponzi schemes like Saradha

Unregulated deposit collections would be banned altogether, and deemed an offence ex-ante; the existing framework which only kicks in ex-post, with considerable time lags, will be replaced

Project delays to defaults, bankers flag issues on realty sector exposures

Public sector bankers dealing in housing finance said the sector is in transition, showing the effects of RERA

Govt subsidies on oil & gas down 76% between 2014 and 2017, coal stable

Subsidies for oil and gas decreased from Rs 1.5 lakh crore ($21 billion) in 2014 to Rs 36,900 crore ($5.1 billion) in 2017

Customs duty on imports from Pakistan hiked to 200% after Pulwama attack

Increasing duties would significantly hit Pakistan's exports to India, which stood at around Rs 3,482.3 crore in 2017-18

RBI proposes hedging for 'anticipated exposure' of foreign currency debt

An anticipated exposure is having an exchange rate on current and capital account transactions, which are expected to be entered into in the future

ICAI withdraws announcement on auditor rotation after govt directive

The move came after a letter from the ministry on Friday asked the ICAI to withdraw the announcement

High cost of credit worries exporters as growth space shrinks

According to the World Trade Organization, global trade entered a tough phase in the second half of 2018 and is expected to slow further in 2019

India advises refiner to avoid US system for buying Venezuelan oil

India's Foreign Ministry said the country was monitoring the evolving situation in Venezuela