Page 2402 - Economy & Policy News

Over 6,000 PSB officers held responsible for bad loans in FY18: Jaitley

Jaitley said that minor and major penalties have been imposed against erring officials

Bhubaneswar to host global aluminium meet in January

The conference centred on the theme 'Driving Growth and Development', will be held from January 31 to February 3

Cabinet clears changes in POCSO Act, death penalty clause for child abuse

The POCSO Act defines a child as any person below eighteen years of age

Despite IL&FS crisis, RBI to ensure growth of NBFCs with adequate credit

The report said the NBFC sector, with a size of around 15% of the commercial banks' combined balance sheet, has been growing robustly in recent years

Gold jewellery demand likely to grow 6-7% in medium to long-term: Icra

With 65 per cent of population living in rural areas, favourable farm output in the last two years on the back of good monsoons has been a positive trigger for rural demand

Rs 3 trn loan waiver among 3 options Modi considering for farmers: Report

The possibilities are a direct payment to all landowning farmers, compensation for those who sold produce below government prices, and a loan forgiveness program.

India Post Payments Bank opened 1.9 mn accounts since launch in Jan 2017

The IPPB had kicked-off its operations by rolling out pilot services in Raipur and Ranchi on January 30, 2017

Govt mulls waiving interest on timely crop loan repayment as new year gift

There is also a proposal to completely waive premium for taking insurance policy for food crops. The premium on horticultural crops could also be reduced

Introduce Women's Reservation Bill in Parliament immediately: CPI-M to govt

Members cutting across party lines associated themselves with the demand raised by CPI-M member

India in talks with US over exemptions on steel tariffs: Govt official

India will also seek relief from Canada over quotas and tariffs next month, Binoy Kumar said

Registry of fraudsters requires a cautious approach, say experts

The initiative, which is at an initial stage of discussion, will protect the good customers and also keep the premiums at a moderate level, they say

India likely to cut import tax on palm oil amid trade talks: Govt sources

India imports palm oil from Malaysia and Indonesia.

Modi announces Rs 45-bn assistance to Bhutan after talks with PM Tshering

Modi said hydropower cooperation with Bhutan is a key aspect of bilateral ties and that work on the Mangdechhu project will soon be completed

Revisiting IBC in 2018: The road to success is always under-construction

Till date, IBC has resolved cases involving debt of Rs 3 trillion comprising Rs 1.2 trillion at the pre-admission stage, another Rs 1.2 trillion through 60 resolved cases

Sanjay Sethi appointed JNPT chairman; Baljit Singh ONGC's new security head

Sethi, a 1992-batch IAS officer of the Maharashtra cadre, has been appointed to the post for a period of five years

GMPF to protest during Modi's Jan visit over Goa mining laws, operations

The GMPF has been agitating for several months now demanding amendment in mining laws for the resumption of mining operations in Goa

Onion prices fall 86%; poor farmers say they'll make Modi pay in 2019 polls

Steep drops in recent weeks in the prices of onions and potatoes, both staple foods for India's 1.3 billion people, have badly hit the rural economy in large states

New draft policy on e-commerce to fix loopholes, set general rules of biz

All issues that still favour big e-tailers will be sorted out

Govt's move to provide fair market competition to e-commerce players: CAIT

Both online and offline traders in the country will now be able to sell their goods on e-commerce platforms in a transparent manner, said CAIT

Kerala govt can bid for operating Thiruvananthapuram airport: Jayant Sinha

Civil Aviation minister Jayant Sinha told the Lok Sabha that the Kerala government can be a bidder for the Thiruvananthapuram airport