Page 2387 - Economy & Policy News

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

Govt will have to amend the Constitution to bypass SC order

Liquidity infusion will not be 'easy money': RBI Governor Shaktikanta Das

Das did not rule out the central bank paying interim dividend to the government, but said no decision had been taken yet on the amount to be given

Govt pegs FY19 GDP growth at 7.2%; estimate lower than RBI prediction

Nominal GDP though is expected to grow at a healthy 12.3 per cent in FY19, against the Union Budget's assumption of 11.5 per cent

Modi govt clears 10% quota for 'economically weak' in general category

The section doesn't get reservation as of now, the sources said

IT services firms likely to show strong Q3 growth on deal momentum

Seasonal furloughs to have minimal impact, guidance for full year to be keenly watched

Advance GDP estimate at 7.2% gives little relief to fiscal deficit pressure

Fiscal deficit at 3.3 per cent of GDP now comes at Rs 6.28 trillion compared to what was projected at Rs 6.24 trillion in the Budget Estimates

MSMEs demand a time period for loan sanctions and relaxed norms

The MSME bodies have demanded that central ministries clear all dues of MSMEs within a stipulated date

Govt asking RBI for at least Rs 23,100 cr interim dividend before 31 March

Last month Economic Affairs Secretary Subhash Garg said the government will ask the central bank for an interim dividend

Per capita income grew 45% under Narendra Modi regime, says CSO

None of the first four years under the Modi government had clocked a per capita income growth of more than 10 per cent

Same pay perks for highway, construction workers likely; to benefit 40 mn

The new Code on Wages tries to ensure minimum wages to all and timely payment of wages to all employees, irrespective of the sector of employment

Govt springs surprise on rivals, clears 10% quota for general category poor

Allies and Opposition parties support move; Congress calls it 'election gimmick'

SAIL, RINL spent over Rs 1,000 cr on R&D in last 3 financial year: Minister

Chaudhary Birender Singh, Minister of Steel sector said that adoption of advanced technology can help domestic steel industry become a leader in quality steel

AAI imposes ban on single-use plastic items at 129 airports across country

AAI said that on the basis of a third-party assessment carried out by Quality Council of India (QCI), 16 of its airports have been declared as 'Single-Use Plastic Free'

Supreme Court expresses dismay over violations of Section 66A of IT Act

SC Bench, headed by Justice R F Nariman, sought the Centre's response over the alleged prosecutions even after the apex court scrapped Section 66A

Slowdown in sugar exports a major headache for inventory-saddled industry

While a stronger rupee and lower crude price have hardened the overseas market, the decline in sugar prices from the peak has made exporting the commodity economically unviable

Centre could raise sugar MSP 10% to Rs 32 a kilo, but there is a caveat

The sugar companies will have to make sure they do not demand any further subsidy from the Centre once the MSP hike has been announced

PM Modi to woo infra investments from top global funds at Vibrant Gujarat

As many as 27 global funds have confirmed their participation at the summit which will also be attended by Union finance minister Arun Jaitley and chief minister Vijay Rupani among others

Report by JPC on Citizenship Amendment Bill tabled in Lok Sabha

Various members from opposition parties have been asserting that citizenship is a constitutional provision and it cannot be based on religion, as India is a secular nation

Modi government may give freedom to PSUs to bring in private players

The move by the government to bring in private parties for the nomination blocks of state-run companies had raised protests among employees

Direct tax collection rises 13.6% to Rs 7.43 trn in Apr-Dec, refunds up 17%

Refunds worth Rs 1.3 trillion paid during the period, 17% higher than previous year, reveals CBDT data