Page 2352 - Economy & Policy News

Bengal to get Deocha Pachami coal block running with support from Poland

According to the state government estimates, investments worth Rs 12,000-15,000 cr would be required in developing the block

Deposits in Jan Dhan accounts set to cross Rs 90,000 cr, shows govt data

The government has shifted the focus on accounts from 'every household' to 'every unbanked adult'

3rd OALP round for oil, gas exploration launched; 23 blocks up for bidding

The third round of bidding is expected to generate up to $700 million, the government said

RBI MSME package to help recast Rs 1-trn loans for 700k accounts: Govt

The scheme announced by RBI is a one-time scheme wherein a loan tenor and interest rate can be revised without classifying the asset as an NPA

Global payments firms still pushing for free flow of data across borders

A few leading payment providers are actively engaging with the Reserve Bank of India (RBI) for allowing free flow of data across borders

Govt amends significant beneficial owners rules under companies law

The corporate affairs ministry has issued amendments to the significant beneficial owners rules under the Companies Act, 2013

Need to create conducive environment for young entrepreneurs: Prabhu

The statement assumes significance as the government is working on support measures for startups that are raising concerns over angel tax issues

Acche Din: Are they here? Survey reveals a very disappointed urban India

The survey revealed a very disappointed Urban India, which agreed, by a strong majority, that acche din had not come in their personal context

Informal sector workers can join PMSYM pension scheme from Feb 15: Govt

FM Piyush Goyal had said it would benefit 100 million workers in the next five years

MEA will help textiles ministry to promote silk in global markets: Swaraj

The textiles ministry distributed machines to weavers in order to eradicate thigh reeling practice in tasar silk sector

Himachal Pradesh's Rs 44,388-cr 'populist' budget focuses on rural economy

Presenting Himachal Pradesh budget a few months before the Lok Sabha elections, CM announced several schemes for farmers

UP extends Rs 4,000 crore soft loan window to sugar mills by 15 days

Yogi govt had announced the scheme last year to aid mills in settling cane arrears

Centre sends teams to assist Gujarat, Punjab in containing swine flu

Fifty-four deaths and 1,187 cases were reported in Gujarat till February 7, while 30 deaths and 301 cases were reported from Punjab, according to data by the Health Ministry

Unemployment rises across religions, social groups, shows NSSO survey

The unemployment rate was falling for all the major religious groups in the urban areas in 2011-12, compared to 2004-05

Direct tax mop-up at Rs 7.88 trillion in April-Jan: Govt informs House

The collection had stood at Rs 4.69 trillion in the entire 2017-18

NHAI and Maharashtra differ over accuracy in toll collection data

While the National Highways Authority asks for 95% accuracy in toll collection data, the state road development agency is content with 90%

Govt panel favours lowering of GST rates on under-construction houses

At present, GST is levied at 12% with ITC on payments made for under-construction property

Share of regular, salaried workers in employment increases in 2017-18: NSSO

But the working conditions of regular, salaried workers worsened in 2017-18, with less people getting access to formal contracts, social security benefits and paid-leave benefits

NeSL has records of two-thirds of loans given by lenders, creditors

NeSL has data from banks, non-banking finance companies, mutual funds and insurance companies

Banks vs ATM operators: NPCI recommends a hike in interchange fee

Interchange fee is the amount charged by ATM operators for every transaction