Page 2382 - Economy & Policy News

Draft industrial policy sets aside job creation target, focuses on MSMEs

The draft also focuses on the ease of doing business and features 'industry 4.0' principles

Big bonanza for UP farmers as Adityanath govt cuts urea prices by 10%

State exchequer to take a hit of Rs 1,000 crore in VAT kitty

Govt plans insurance scheme up to Rs 10 lakh for GST-registered MSMEs

The scheme, if approved by the government, is likely to be announced by the end of this month before the commencement of the Budget session

Ahmedabad raises Rs 200 crore through municipal bonds maturing in 5 years

The AMC was the first in South-East Asia to raise money through municipal bonds in 1998

Isro to set up Human Space Flight Centre in Bengaluru for manned missions

At a time when the country is giving rise to cutting edge technology start-ups, chairman K Sivan said Isro is open to collaborating for space missions including Gaganyaan

RBI Governor Shaktikanta Das meets NBFCs on liquidity crisis, assures help

The NBFCs suggested that the RBI should reduce the minimum holding period to 3 months for loans having maturity of 2-5 years

Govt revenue will take Rs 1-trillion hit due to GST rate cuts: Jaitley

Jaitley gave these numbers in his latest blog, titled "How the Poor and the Middle Class Benefitted Most from the Modi Government Policies?"

ADB backs govt's basic income plan, but cautions against loan waivers

ADB warned that the loan waivers will scale up lending to over Rs 30,000 cr

Forex reserves rise by $2.7 bn to $396 bn, highest weekly gain in a year

Foreign currency assets rose by $2.2 billion to $370 billion during the week under review

GST Intelligence unit busts Rs 100-crore fake invoice racket in Gujarat

Acting on specific intelligence regarding fraudulent availment and utilisation of ITC under GST regime, officials conducted simultaneous searches at 14 different business and factory premises

GST Council nod to calamity cess a precedent for other states: Kerala FM

He said the problem with GST was that it did not give states the flexibility to raise additional resources to address local problems such as natural calamities

Government lifts condition restricting export incentive under GST

Earlier, the DGFT and the customs department had imposed a condition that the advance authorisation scheme would be available to exporters only if imports have been undertaken by them

HAL's joint ventures on death bed as defence orders dry up over the years

A deep dive into the company's 14 JVs shows that many are on the verge of closing down

India continues to be top shrimp exporter to US for the fourth year

India is expected to benefit from the sanction imposed by US on China coupled with increasing import of value-added shrimp by US, leading to a growth of about seven to 10 per cent per annum in CY 2019

Industrial growth falls to 17-month low of 0.5% in November

The previous low was in June 2017, when IIP growth contracted by 0.3 per cent

Centre may hike minimum selling price of sugar to help farmers: Report

India's sugar exports are likely to be far lower than a 5 million-tonne target set by New Delhi despite a government push for overseas sales, industry officials said

Why NCAP is a non-starter in tackling Delhi's alarming air pollution levels

Delhi's pollution is 4x the legal limit; NCAP will just bring it down to thrice by 2024; Its pollution-reduction targets fall short of national air quality standards, and are not legally binding

Taking stock: 20 things that happened at RBI under Shaktikanta Das's watch

Shaktikanta Das completes one month as governor of the Reserve Bank of India on Friday. Here is a list of things he has promised and done in a month.

Govt spending of over Rs 20,000 cr to fix accident prone spots: Gadkari

As per the latest data released by road and transport ministry, 9,408 children lost their lives to road crashes in 2017 alone

Chidambaram credits Cong state finance ministers 'for sorting out GST mess'

'MSME sector has got some relief, 'thanks to the role played by the Congress finance ministers,' says Chidambaram