Page 2388 - Economy & Policy News
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'
 "AAI imposes ban on single-use plastic items at 129 airports across country")
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
 "Supreme Court expresses dismay over violations of Section 66A of IT Act")
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
 "Slowdown in sugar exports a major headache for inventory-saddled industry")
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
 "Centre could raise sugar MSP 10% to Rs 32 a kilo, but there is a caveat")
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
 "PM Modi to woo infra investments from top global funds at Vibrant Gujarat")
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
 "Report by JPC on Citizenship Amendment Bill tabled in Lok Sabha")
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
 "Modi government may give freedom to PSUs to bring in private players")
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
 "Direct tax collection rises 13.6% to Rs 7.43 trn in Apr-Dec, refunds up 17%")
Odisha turns to other states for wind power, hopes to get 150 Mw in FY20
None of the locations in Odisha have been deemed to be suitable for installing wind power projects, prompting the state to buy from elsewhere
 "Odisha turns to other states for wind power, hopes to get 150 Mw in FY20")
Railways' high-speed plans on slow track as clearances come in the way
Railways launched Mission Raftaar in 2016-17 to increase the average speed of trains on existing tracks, but multiplicity of plans has come in the way of implementation
 "Railways' high-speed plans on slow track as clearances come in the way")
RBI forms committee to look into issues of MSMEs, functioning of banks
He said that he would meet the representatives of Non-Banking Financial Company (NBFC) in Mumbai on Tuesday for discussing the liquidity issues
 "RBI forms committee to look into issues of MSMEs, functioning of banks")
After 3-month gap, HPCL, BPCL to import 1 mn barrels of Iranian oil in Feb
Indian Oil Corp will lift 5 million barrels of Iranian oil in February, the same as this month
 "After 3-month gap, HPCL, BPCL to import 1 mn barrels of Iranian oil in Feb")
Economy to grow at 7.2% in FY19 as agriculture, manufacturing look up: CSO
Most private economists have already lowered India's growth forecast to around seven per cent for FY19
 "Economy to grow at 7.2% in FY19 as agriculture, manufacturing look up: CSO")
TN govt earmarks $607 mn over next two years for heavy engineering sector
The sector has been growing at a CAGR of 8% and reached a value of $2.49 bn in 2017-18, giving Tamil Nadu the second spot in the country
 "TN govt earmarks $607 mn over next two years for heavy engineering sector")
'KALIA' a better alternative to farm loan waivers? Odisha scheme decoded
Kalia scheme will provide financial, livelihood, cultivation support along with insurance support to small, marginal and the landless farmers
 "'KALIA' a better alternative to farm loan waivers? Odisha scheme decoded")
Generalised loan waiver áffects credit culture, borrowers' behaviour: RBI
He said farm loan waiver is related to the fiscal space that a particular state government has
 "Generalised loan waiver áffects credit culture, borrowers' behaviour: RBI")
Kerala to set up country's largest Integrated Startup Complex on 13.5 acres
Over a 100 startup companies in various stages of growth are already operating in the three incubators functioning within the facility
 "Kerala to set up country's largest Integrated Startup Complex on 13.5 acres")
Direct tax mop-up rises 14.1% to Rs 8.74 trn during April-Dec 2018: FinMin
Net collections (after adjusting for refunds) have increased by 13.6% to Rs 7.43 trillion during April-December, 2018
 "Direct tax mop-up rises 14.1% to Rs 8.74 trn during April-Dec 2018: FinMin")
To bridge fiscal deficit, RBI likely to pay govt $5.8 bn interim dividend
The dividend could help Prime Minister Narendra Modi's administration bridge a widening budget deficit following a drop in tax collections
 "To bridge fiscal deficit, RBI likely to pay govt $5.8 bn interim dividend")
From oil block auction to GST Council meet, here're the top 10 headlines
Here are the top 10 stories that made news on Sunday
 "From oil block auction to GST Council meet, here're the top 10 headlines")