Page 2370 - Economy & Policy News

Interim Budget 2019: Rs 5,000 cr more may be allotted for MGNREGA

With almost 70 days remaining for the 2018-19 financial year to end, the actual expenditure under the Centre's flagship scheme may exceed the budget estimates

Indian navy set to open third base in strategic islands to counter China

About 1,20,000 ships pass through the Indian Ocean each year and nearly 70,000 of them pass through the Malacca Strait

'Dreadful' telecom industry may see turning point this year: Sunil Mittal

Billionaire Mittal says Indian telecom recovery possible by 2020

The magic of women in workforce: More job opportunities, a better economy

A higher female labour force participation rate would increase consumption and therefore production

400,000 railway jobs in 2 years: Piyush Goyal reveals mega hiring plans

This announcement comes despite over 150,000 aspirants still waiting to join railway ranks, after appearing for tests conducted last year

FM Jaitley likely to return on Jan 25; Budget on schedule: Govt officials

Jaitley went on leave at a time when Budget preparations are at their business end

New rule will give surplus reserves of Sebi, pension regulator to govt

The Centre has been eyeing these resources that would help it reduce fiscal deficit

NITI panel to suggest price control of drugs outside NLEM, says Paul

Committee chairman says NPPA should be made independent and stronger

Better hike, more jobs may be on offer in first half of 2019: Survey

84% of recruiters are willing to add jobs and fill existing vacancies by June

Funding options dry up for highway projects as they get lukewarm response

Under the TOT model, the concessionaire pays a one-time fee upfront, operates toll for 30 years

Bond market uncertain about govt's borrowing plans in next fiscal

A section of the market expects the government to borrow at least Rs 7 trillion, up from its current fiscal's Rs 6 trillion

Irdai sets up a panel to identify systemically important insurers

The committee headed by Pravin Kutumbe, Member-Finance & Investment, Irdai, has been asked to submit report in six months

Govt to relax mandatory 30% local sourcing norms for single-brand retailers

Big single-brand retail firms may also be permitted to open online stores before setting up brick-and-mortar shops.

Industrial activity to remain subdued over muted demand, 2019 polls: Report

On rupee, the report said concerns over widening trade deficit, rise in global crude oil prices, and uncertainty over the general election outcome are expected to drag down the domestic currency

GST gets its first dispute resolution tribunal on 'place of supply' issue

The decision was taken six months after the GST Council in July approved setting up one national and three regional benches of the appellate tribunal

Missing the jobs for the data

The government has scrapped existing job surveys but has moved slowly on creating replacements

Odisha tourism department taps AI, analytics to rejig its portal

Among states, Odisha is pioneering use of AEM platform in the country which is already currently in vogue in Australia and Visit Florida portals

Crisil pegs FY20 growth at 7.3% on normal monsoon, political stability

India is expected to clock a growth rate of 7.2 per cent in the current financial year, up from 6.7 per cent in 2017-18

HC asks Maharashtra govt to take decision on Ola, Uber fares within 8 weeks

In October 2016, the state government had constituted a committee to decide on the minimum and maximum fare structure for companies like Ola and Uber

Opposition BJP stages walkout from Rajasthan Assembly over loan waivers

"The farmers are feeling cheated. They (Congress) promised the waiver in 10 days, but 35 days have passed, and nothing has been done," says BJP MLA