Page 2372 - Economy & Policy News

Six extensions later, govt cancels sole bid for solar unit, power plant

Centre fails to garner sufficient interest in project nine months after tender, as players shy away citing lack of funding support; govt may start process all over again

Non-filers will have 21 days to file I-T returns, submit response: CBDT

The 21-day time period would be from the date of receiving e-mail or SMS from the I-T Department regarding non-filing of tax returns

Plea in Supreme Court challenges 10% quota for general category poor

The quota will be over and above the existing 50% reservation to SCs, STs and Other Backward Classes (OBCs)

Banks are confused on biometric use post Aadhaar verdict: Ex-RBI deputy guv

The banking and financial sector is experiencing cyber risks more because of the increased use of rapidly evolving

Global economy to grow 3% in 2019; climate risk, trade disputes to rise: UN

But the report also stressed that economic growth is uneven and often doesn't reach poorer nations

Ministry panel favours extension of Nalco's coal linkage for three years

As per the revised mining plan submitted by Nalco, approval to open the mine is scheduled by March 2020

Pravasi Bharatiya Divas LIVE: Modi calls for 'One World, One Sun, One Grid'

While inaugurating the 15th Pravasi Bharatiya Divas, Prime Minister Narendra Modi welcomed NRIs and called them 'brand ambassadors of India'

Under new FTP, exporters may get incentives based on R&D, specific clusters

Since 2011-12, India's exports have been hovering at around $300 billion

India to overtake China to become 2nd largest oil demand centre: Report

According to the US EIA, India is currently ranked behind US, China as the world's third-largest oil consumer

Robust GDP, regulatory regime to boost India's insurance sector: Moody's

Moody's said it expects India's real GDP to expand by 7.4% and 7.3% in fiscal 2019 and 2020

Assam okays 10% quota for economically weaker sections of general category

Assam cabinet approved the guidelines for disbursement of Rs 5,000 each to five lakh farmers of the state under the Mukhya Mantri Krishi Sa Sajuli Yozana for purchase of farm tools and implements

PM Modi opens NRI carnival, attacks Congress over 'culture of corruption'

PM Modi termed NRIs as India's brand ambassadors, who exemplified their native country's innate talent, might and capacity

Final drafting of arbitration award against retro tax in process: Cairn

The Income Tax Department, beginning May 2018, has sold most of the Cairn shares to recover tax dues

Decoded: Hidden expenses behind e-commerce - for customers and retailers

For customers there's a time cost. On top of time spent browsing online, click-and-collect often means queuing to pick up your purchase

Davos 2019: 140 corporate leaders make up for govt's absence at WEF

Former Reserve Bank of India Governor Raghuram Rajan, New Development Bank President K V Kamath and IMF Chief Economist Gita Gopinath are also expected to be there

India 'buoyant territory' for investments though global outlook dim: Survey

Global growth pessimism among CEOs worst since 2012

Madhya Pradesh govt puts Bhawantar Bhugtan Yojana bonus on hold

Soybean, maize farmers used to receive an additional Rs 500 per quintal of produce under the scheme

British PM Theresa May says will return to EU to discuss Irish backstop

May promised a more consultative strategy on Brexit that would include parliament but also business leaders and civil society but her statement essentially offered no solutions

Davos 2019: Andhra Pradesh, Telangana take rivalry to Swiss Alps

The two states have scaled up their presence at the annual event

In a fix over heavy surplus of rice, Chhattisgarh urges Centre to buy more

Chhattisgarh requires about 700,000 tonnes of rice under the public distribution system