Page 2358 - Economy & Policy News

Govt expects Rs 69,000 cr in dividend from RBI in 2019-20: Report

Budget for 2019-20 estimates to get Rs 82,911 cr through dividend from banks, financial institutions and the RBI next financial year

Gujarat HC strikes down restrictive provision for export sops under GST

Order comes as big relief for exporters who were facing huge compliance issues; provision to be challenged in other courts too

Come out with effective solutions against fake news: Govt to WhatsApp

Ahir said WhatsApp has conveyed that a number of steps have been taken by it to address the issue of fake news propagated using the platform

2019 elections: First payment under PM-Kisan scheme before code of conduct?

With rural distress said to have been a major contributor for BJP's defeat in the Assembly elections in three Hindi heartland states, govt is banking on DIS of Rs 6,000 per year to change the tide

RBI to cut rates on falling inflation, declining crude oil prices: S&P

The RBI is scheduled to announce its sixth bi-monthly policy review for the fiscal on February 7

Govt seeks Parliament's nod for additional gross spend of Rs 1.98 trillion

The government is also seeking over Rs 4,700 crore for the Ministry of Home Affairs

January services PMI declines to 3-month low of 52.2 on weak demand growth

Yet firms increased staff levels at the fastest rate in three months, partly on expectations of increased business after the elections and possibly reflecting resilience in manufacturing activity

February 1 cut-off date to determine land ownership under PM Kisan scheme

The scheme benefit will be allowed on transfer of ownership of cultivable land on account of succession, as per the letter sent by Agriculture Secretary to the states

Bad news for India's bond mkt: Global funds see pain ahead on fiscal woes

Next trigger for bonds will come from the central bank's policy decision on Thursday, when it is expected to change its stance to neutral while keeping rates on hold

After flexi fare success, rail tariff rejig on the anvil; fare hike likely

With elections round the corner, the plan is unlikely to see the light of day till the next government takes charge

50K jobless youth to get Rs 1 lakh each, Mamata govt announces in budget

Mamara govt announces Rs 1 lakh assistance for 50,000 jobless youth in budget

Run-up to monetary policy: Neutral is best gear for now, says Sonal Varma

The divergence between low food and elevated core inflation continues

SBI chairman favours direct benefit transfer over farm loan waiver

'India is at the last leg of loan waiver as evident from recent developments'

New definition to give start-ups, investors a bigger angel tax breather

DPIIT Secretary Ramesh Abhishek and officials from the CBDT met start-ups and investors to discuss ways to exempt small start-ups and investors from the angel tax

Centre's fiscal deficit till December exceeds FY19 target by 11%

On the other hand, total expenditure was up 7.8% at the end of Dec, compared to the same period last year

Updated, digitised land records in states key for PM-Kisan scheme

Land record changes after Feb 1 won't apply for new land holder for 5 years

Govt proposes national gold spot exchange, seeks to organise trade

The government proposes to set up a single spot exchange for gold, finalising a method to organise the yellow metal's trade years after the idea was mentioned in the 2018-19 Budget.

Interim Budget 2019: Department of Space funds increased to Rs 11,538 cr

However, the sum to be allocated for developing and building INSAT and GSAT satellites was proposed to be cut for 2019-20

National highways at loss as telecom, hospitals gain from road fund

The amount earmarked from the Central Road and Infrastructure Fund for 2019-20 is Rs 54,538.65 crore

With a big reform such as GST, you need to be flexible: Revenue Secretary

So we had to revise estimate downward, to show a realistic picture, said Revenue Secretary Ajay Bhushan Pandey