Page 2367 - Economy & Policy News

Govt likely to water down conditions for prosecution under CSR rules

The move to dilute prosecution norms could be viewed distinctly from the govt's efforts to tighten the screws on CSR

Timely resolution of insolvency cases can free up Rs 67,000 cr: Icra

Report notes that Insolvency and Bankruptcy Code's success has been a mixed bag so far

Thank you China for smoking: Indian tobacco heads to biggest market

Commerce Department has secured market access rights for Indian tobacco in China- the global leader in smoking

Unused thermal capacity, rising green power may cool spot energy prices

The revival in power demand spurred volumes growth in electricity trading at Indian Energy Exchange

Proposal to encourage taxmen to file GST profiteering complaints on anvil

Once the tax officers find that GST benefits have not been passed on to the consumers, they will refer the case for further investigation to the Directorate General of Anti-Profiteering (DGAP)

Board of Trade to meet stakeholders on Feb 15 over new foreign trade policy

BoT advises the government on policy measures related to the foreign trade policy in order to boost the country's trade

Interim Budget 2019: Modi may counter Rahul with universal basic income

A rapid expansion of direct cash transfers linked to the national biometric database and small basic income experiments has galvanised an extensive debate on a UBI

Farmers end stir as Maharashtra vows to go tough on defaults in cane dues

Defaulting mills to face stock seizure, attachment of owners' properties; Total cane arrears in state at Rs 5,600 cr, despite policy of paying FRP upfront

I-T dept raids 74 places in Tamil Nadu in connection with tax evasion

The department had last month conducted large-scale raids on a number of popular eateries of the state including Saravana Bhawan outlets

Goa govt sets up special court for speedy trials of illegal mining cases

The Special Investigation Team of Goa Police has been probing various cases of illegal mining in the state

Oil prices fall 3% on rising US production, economic slowdown fears

Brent has risen nearly 12% so far in Jan, which would be the largest monthly percentage increase since Dec 2016

Public sector banks to turn more profitable: Piyush Goyal after review meet

RBI Governor Shaktikanta Das addressed the PSB chiefs earlier in the day and took stock of the liquidity situation

Centre keeps SUUTI as backup in case divestment target falls short

As of mid-January, the government has garnered Rs 35,134.76 crore in disinvestment proceeds

Modi govt's tax reforms: GST, a game-changer for the Indian economy

The August 2018 report of the RBI suggests that Rs 15.31 trillion of Rs 15.41 trillion demonetised currency have returned to the banking system

Step up lending to MSME, agri, housing sectors: Piyush Goyal to PSU banks

Discussed measures to promote MSME loan, agriculture lending: Piyush Goyal

Trai recommendations on OTT services like WhatsApp by Feb-end: Official

Players such as WhatsApp and Facebook have come under the scrutiny of policymakers over issues including data breach and fake news

Sugar crisis: UP CM Yogi flags private mills for outstanding of Rs 1,200 cr

FIRs lodged against top sugar millers over non-payment of farmers' dues

Delhi to give farmers MSP based on Swaminathan Commission report: Minister

There are about 20,000 farmers in the national capital

RBI governor meets PSU banks' CEOs, conveys regulator's expectations

RBI is scheduled to announce its sixth bi-monthly monetary policy for 2018-19 on February 7. It would be the first monetary review under the new RBI Governor

India pips Japan as second-largest steel producer; China on top: Worldsteel

India's crude steel production in 2018 was at 106.5 MT while Japan's was 104.3 MT