Page 2404 - Economy & Policy News

New e-commerce FDI norms to bring 'level playing field': Domestic retailers

The Union government announced new changes to the FDI policy for e-commerce, aimed at checking predatory pricing and deep discounting

Trai gives a month for consumers to choose channels under new tariff regime

The new framework allows consumers to select and pay only for the channels they wish to view

Absence of guidelines for calculating profiteered amount irks India Inc

Last year, industry representatives had approached the GST Council seeking norms for calculating profiteering

Volatile growth, cooling inflation: Economy gave mixed signals in 2018

Economists say growth will come down in the next and the following quarters

ICRA downgrades National Insurance Company's rating to AA from AA+

Report said NIC is likely to report a solvency ratio below the minimum regulatory requirement in FY19 as the company has no headroom to raise additional subordinated debt

Paid maternity leave: FinMin raises questions over labour ministry's move

After complaints that the new law may impact employment of women, the govt has framed a scheme to provide monetary incentive to companies

Adlabs Imagica gets relief from Bombay HC over tax benefits under GST

The issue relates to subsuming of entertainment tax into GST which deprived the company of the entertainment tax incentives it was promised by the state government and the corporation

Eyeing $100 bn FDI, India plans industrial clusters for some countries

The commerce and industry minister said his ministry has also identified sectors and countries which holds huge potential for investments in India

DGCA asks airlines to make in-flight announcement in local language

Airline executives say this will create a problem for crew rostering due to language diversity in India

Structural problems in India's agri-markets were starkly revealed in 2018

The tone for the year was set by the massive farmers' agitation in Mandsaur district of Madhya Pradesh in 2017, in which five farmers were killed

India's relations with China back on 'normal track': Official sources

The sources said the political relationship between the two neighbours has just not only been restored but heightened in the past one year

India's exports are steadily rising, but import bill hurts much more

In FY18, India's exports grew by 9.77% while imports shot up by 21.13%

Ahead of polls, Maharashtra approves implementation of 7th Pay Commission

The New Year-eve bonanza will also bring cheers to more than 360 retired government employees who are over 100 years of age

Wedded to the cause: Lok Sabha passes revised triple talaq Bill

Opposition members said the contentious Bill suffered from loopholes

Can Telangana's Rythu Bandhu scheme for farmers be rolled out nationally?

Telangana gvot currently provides the state's 5.83 million farmers an income support of Rs 4,000 per acre per season, irrespective of the size of their land holding

Rewind 2018: Mixed year for builders, budget housing projects get govt push

Sale of luxury and premium homes suffered due to high pricing in cities such as Mumbai

Power banks can be Rs 180 bn sector, create 80,000 jobs by 2025: ICEA

According to the mobile phone and component industry body, India consumes about 33 million power banks a year worth about Rs 20 billion

Urjit Patel: Was he one of the weakest or finest RBI governors ever?

The reticent former central bank governor sought to put the institution ahead of personality, yet his cryptic resignation letter spoke volumes about the RBI-government relationship

Resolve angel tax issue being faced by start-ups: Prabhu to Jaitley

The issue assumes significance as several start-ups and angel investors have raised concerns over notices received from income tax authorities

HD Kumaraswamy meets Jaitley, seeks extension of GST compensation till 2025

At present, the states are entitled to get compensation for the first five years since the implementation of Goods and Services Tax (GST) in 2017, that is till 2022