Page 2386 - Economy & Policy News

India may get easier terms for Iran gas field as discussions continue

India had been looking to secure a contract for developing the gas field since 2009 but successive economic sanctions against the Islamic regime have scuttled plans

Volatile exchange rate slows dollar bond issuance by Indian companies

While dollar bond issuance in 2017 was at $13.11 billion, it dropped to $6.09 billion in 2018

Bill on citizenship to non-Muslim immigrants cleared in Lok Sabha

The Bill provides granting Indian citizenship to the Hindus, Jains, Christians, Sikhs, Buddhists and Parsis from Bangladesh, Pakistan and Afghanistan after six years of residence in India

HRD ministry sets out to implement upper caste quota in education

According to the sources, the ministry is working out the number of seats that need to be increased in the educational institutions to be able to implement this quota

Explained: What are the laws that govern class action suits in India?

The Consumer Protection Bill, 2018 - which proposes establishment of Central Consumer Protection Authority empowered to file class action suits on behalf of consumers -was passed by Lok Sabha recently

GST, excise, service tax evasion shoots up to Rs 48,555 cr in Apr-Dec

An amount of Rs 9,959.29 crore of GST evasion has been recovered between April 2018 and December 2018, MoS Finance told Rajya Sabha

Make in Odisha: Over 40% project intents translate into commitments

Make in Odisha 2018, held between November 11 and 15, 2018, had drawn investment proposals valued at Rs 4.19 trillion across 15 sectors

CAG finds spectrum mismanagement by DoT, over Rs 520 cr loss to exchequer

Auditor saw maximum high financial impact of Rs 520.79 cr on the govt exchequer due to non-withdrawal of spectrum from BSNL which had offered to surrender to avoid one-time spectrum charge

India hopes to start full operations soon at Iran's Chabahar port: Gadkari

The Indian-backed Chabahar port complex on Iran's coast along the Gulf of Oman is being developed as a transportation corridor for land-locked Afghanistan

CAG expresses concern over uncleared cargo containing hazardous material

There were 469 containers of hazardous waste lying undisposed from periods ranging from 1 to 17 years

Odisha CM, other BJD leaders protest in Delhi for increase in MSP for paddy

The Odisha state assembly in a unanimous resolution has requested the Union government to fix the MSP of paddy at Rs 2,930 per quintal

RBI appoints Nandan Nilekani as head of panel to boost digital payments

The panel has been tasked with reviewing the existing status of digitisation of payments in the country, identifying the current gaps in the ecosystem and suggesting ways to bridge them.

Govt's bill calls for reservation for EWS in pvt institutes too: updates

The 'special provisions' in the bill would relate to 'their admission to govt, private educational institutions, other than the minority educational institutions'

No liability if e-wallet users report fraud within three days, says RBI

A payments expert said this was already a process; only the window of reporting the fraud had been increased

India takes over operations of part of Chabahar Port on Iran border

India started interacting with Iran on Chabahar Port around 2003

Fake data, inept toilets: Why use, construction don't match in rural India

Rajasthan, Madhya Pradesh not open defecation-free yet, contrary to claims

Iran's Pasargad bank to open branch in Mumbai in 3 months: Nitin Gadkari

India has placed $85 million machinery order for Chabahar, which is a port on the coast of the Gulf of Oman, and is Iran's southernmost city

India's agriculture growth not helping farmers, prices at 10-year low

Infact, going into the crucial 2019 general elections, this could lead to big worries for the ruling BJP

Soon, you will have to mandatorily link Aadhaar with your driving licence

'This is how we are changing the quality of life in India,' said the Union Law Minister

10% quota for poor in general category: Rao failed, will Modi succeed?

Govt will have to amend the Constitution to bypass SC order