Page 2365 - Economy & Policy News

ICICI Bank board under fire for giving clean chit to Chanda Kochhar

On March 28 last year, the board, led by M K Sharma, had said there was no favouritism or conflict of interest in granting loans to Videocon Industries or to any other company by the bank

From April 1, new H-1B visa rules will favour those with higher education

H-1B visa, popular among Indian IT professionals, is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise

1 in 6 elementary school teachers not professionally trained in India

Teacher training is imperative for improving learning outcomes in Indian classrooms

Unified regulator for GIFT City, relaxations to woo AIFs on cards

A govt source said SEZ rules are designed mainly for manufacturing and so the first financial SEZ in India at GIFT IFSC is facing regulatory issues

Govt arms DIPP with policy oversight to assume singular control over retail

The new Department of Industrial Promotion and Internal Trade will be in charge of both e-commerce and physical retail

SBI Research report backs govt to meet fiscal deficit target this year

The report also pegged fiscal deficit for FY20 at 3.2 per cent

India's largest coal mine enmeshed in political tug of war, production hit

SECL had said it would increase its annual production to 250 million tonne in 2019-20 as its contribution to the 1 billion tonne target of Coal India

In pictures: Finance Ministers who presented budgets since Independence

Piyush Goyal is the 25th finance minister to present India Budget on the floor of the House since Independence. Before Budget 2019, as many as 89 Union Budgets, including interim, have been presented.

Trai asks DTH firms to allow customers with long-term packs to continue

Trai has unveiled a new tariff order and regulatory regime for the broadcast and cable sector, which would pave the way for consumers to opt for channels they wish to view, and pay only for them

Renewable energy set to witness 10,000 Mw capacity addition in FY20: Report

Renewable energy sector, especially wind and solar segments remain exposed to near term challenges

Lack of jobs to be one of the key issues in upcoming general elections

The biggest criticism of NDA govt has been poor pace of job creation in the country, despite flagship programmes

Interim Budget 2019: Rs 25k-cr petroleum subsidies may be carried over

This comes even as it is under pressure to meet a challenging fiscal deficit target of no more than 3.3% of GDP for 2018-19

Interim Budget 2019: CII urges FinMin to help infra sector with loans

Long-term credit and tax-free infrastructure bonds needed, says CII

Interim Budget 2019: India may overshoot fertiliser aid bill by $4.2 bn

A rise in fertiliser prices overseas and a fall in the rupee currency made imported fertilisers more expensive, lifting the total subsidy requirement for the year to Rs 1 trillion, sources said

Interim Budget 2019 to be decided by economic realities, says Jaitley

Finance minister slams Opposition parties, calls them 'Nawabs of Negativity' and 'Compulsive Contrarians'

Interim Budget 2019: FinMin, PSB chiefs to discuss NPAs in review meet

Setting up a common portal for e-auction of properties will also be discussed

Members who quit NSC never expressed reservations during meetings: Govt

The statement comes in the wake of two independent members of the NSC, P C Mohanan and J V Meenakshi, quitting the Commission over disagreements with the government

Interim Budget 2019: Govt may increase farm credit target to Rs 12 trn

The agricultural credit flow has increased consistently over the years, exceeding the target set for each fiscal

Interim Budget 2019: Govt mulls Rs 70000-cr plan to pay farmers in cash

PM Modi, who is seeking a second term, has to win over discontented farmers before the election

Interim Budget 2019: Halwa ceremony kickstarts document printing process

This will be the last Budget of the current BJP-led NDA government before the 2019 General Elections