Page 2391 - Economy & Policy News

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

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

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

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

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

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

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

'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

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

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

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

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

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

Worried that your phone might be tracked? Here's what Trai has to say

One needs to question the national security shibboleth which is used to impinge upon a citizen's privacy

Credit growth of private and non-PCA banks surges, says RBI report

The report also suggested gross non-performing assets (GNPAs) of the PSBs may have peaked in March 2018

Govt to launch delayed second round of oil block auctions on Monday

India had in July 2017 allowed companies to carve out blocks of their choice with a view to bringing about 2.8 million sq km of unexplored area in the country under exploration

GST puts horse racing in chokehold as betting turnover plummets

Black market betting on the rise