Page 2371 - Economy & Policy News

After IL&FS, securitisation... India's Lehman genie out of the bottle again

It all began on Tuesday with S&P Global's Indian affiliate, Crisil, downgrading Jharkhand Road Projects Implementation Co.'s annuity-backed bonds to D after it skipped interest and principal payments

New tariff order by Feb 1 or full blackout: Trai to cable, DTH operators

As the sunset date of Feb 1 nears, regulatory authority has reasserted that the implementation of the new tariff order has to be completed by the said date

India more urban than we know? How policies fail to keep up with transition

24,000 'villages' with populations greater than towns lose out on policies for urban areas

New jobs jump 48% to touch 15-month high of 7.32 lakh in Nov: EPFO data

Around 73.50 lakh new subscribers were added to social security schemes of the Employees' Provident Fund Organisation (EPFO) from September 2017 to November 2018, the data showed

Lull in Chinese industrial demand won't hit India, say exporters

Latest downturn stems from structural adjustments in Chinese economy & trade war with US, both of which remain beneficial for India, they say

Staring at revenue shortfall, I-T dept sends tax notices to mutual funds

Move comes after CBDT raised concerns over direct tax collection growth and directed I-T department to adopt measures to shore up revenue

India likely to leave behind US in steel consumption this year: Minister

A budget of around Rs 6 trillion was allocated for infrastructure development in the current financial year

India, Mauritius discuss comprehensive economic partnership agreement

PM Modi and his Mauritian counterpart Pravind Jugnauth met on the sidelines of the 15th Pravasi Bharatiya Divas after the inauguration of the event

Navy launches 1st mega coastal defence exercise covering Indian coastline

Nearly 150 ships, 40 aircraft and a number of other strategic assets of the Navy and Coast Guard have been deployed as part of the 'Sea Vigil' exercise which is "unprecedented" in its scale and size

EC expert team rejects 'motivated' hacking claim, says EVM 'non-tamperable'

Election Commission's expert committee on EVM has Prof Emeritus IIT Delhi D T Shahani, IIT Bhilai director Rajat Moona and Prof Emeritus IIT Bombay D K Sharma as its members

Interim Budget 2019: FM has cheap crude oil to thank for his fiscal record

Carrying over of subsidies and expenditure cuts also helped

Panel on revenue shortfall to study GST collection on services by states

Out of 31 states, only Andhra Pradesh and five north eastern states -- Mizoram, Andhra Pradesh, Manipur, Sikkim and Nagaland -- have recorded revenue increase post the GST roll out

Industry 4.0 presents huge opportunities for India: DIPP Secretary

He said the small and medium-sized enterprises (SMEs) have the biggest opportunity to leapfrog to the next technology and benefits can be huge for them

Can cheap, free services continue in the long run, asks Raghuram Rajan

Rajan said we need to think whether competition would continue in the future

Davos 2019: CEOs see Asia rising in the face of global slowdown

Confident of rise in consumer demand despite cut in IMF's growth forecast

Modi, Mauritian PM hold talks at NRI event in Varanasi, vow to deepen ties

Earlier, in his address at the inaugural session of the Pravasi Bharatiya Divas, Jugnauth hailed Prime Minister Modi's leadership, saying India had transformed under him

At 138.9 million, number of domestic flyers grows 18.6% in 2018: DGCA

Due to intense competition, the domestic market share of Air India, Jet Airways and SpiceJet fell marginally in 2018 even though their passenger count increased

India to surpass China, be in better position to help South Asia: Rajan

Addressing a session at Davos, Rajan said the Indian economy would continue to grow while the growth rate was slowing down in China

'Worried about climate change, but can't stop chartering private jets'

It forecast nearly 1,500 private jet flights over the week of the World Economic Forum (WEF) to airports near Davos in the Swiss Alps

Investment support scheme, interest free-loans likely in farm package

There are around 13.8 crore farmers in the country and about 86 per cent of them, who have small and marginal landholding, are the likely beneficiaries