Page 2412 - Economy & Policy News

Agri logistics companies yet to see sizable investor interest, shows data

Bulk agri commodities do not come under the goods and services tax

Have taken up 'angel tax' issue of startups with FinMin: Suresh Prabhu

An angel investor is the one who funds a startup when it is taking baby steps to establish itself in the competitive market

Govt aware of expanding Pak nuke capability, will respond to all threats

Government 'committed to taking all necessary steps to safeguard national security and respond to any threat suitably and adequately'

Loan waiver not a solution to agrarian distress: Niti Aayog V-C Rajiv Kumar

Former Niti Aayog vice-chairman Arvind Panagariya also spoke against farm loan waivers

Need sound policy measures, not mere sloganeering to fight poverty: Jaitley

Jaitley's statement comes a day after Rahul said his party and other opposition parties would force PM Modi to waive farmer loans

RBI cautious on food, crude oil inflation 'reversal'; to study indicators

CPI inflation, excluding food and fuel, rose to 6.1% by October-end

India's textile and apparel exports jump by 14% in November

In dollar term, however, India's textiles and apparel exports recorded a mere 2 per cent jump to $2.64 billion for November 2018 versus 2.57 billion for the same month last year

As PM pitches for 18% GST on 99% items, Chidambaram calls it belated wisdom

PM Modi had on Tuesday indicated that further simplification of the GST was on the anvil

UN watchdog hikes India air safety score, US regulator gives highest rating

Minister of State for Civil Aviation Jayant Sinha said the country's safety record is excellent and that there are no structural deficiencies

Govt likely to make additional capital infusion in state-owned banks: Garg

According to sources, the government is considering additional capital infusion of up to Rs 300-400 billion in PSBs as they have been unable to raise required funds from the markets

Rationalise fares, monetise assets to boost revenues: NITI to Railways

NITI Aayog also said the railways should enhance service delivery, achieving 95 per cent on-time arrivals by 2022-23

Increase India's global share of international tourists to 3% by 2023: NITI

It also said the government should work towards developing tourism infrastructure

Demonetisation severely hit economic growth, jobs, bank credits: Study

India's GDP growth rate slowed to 6.1 per cent in the fourth quarter of 2016-17, from 7 per cent in the previous quarter

In RBI policy meeting, Urjit Patel had favoured status quo on repo rate

The RBI had kept the repo rate -- at which it lends to banks -- at 6.50% in the MPC review held between Dec 3-5

Congress keeps promise in Rajasthan, waives farm loans of up to Rs 200,000

The waiver would cost the state government Rs 80 billion

NITI calls MSP 'partial solution', bats for crop auction at reserve price

The Aayog further suggested examining options for including private traders operating in markets to complement the MSP regime through a system of incentives and commission payments

Loan waivers little help to farmers, says Niti Aayog after Rahul statement

Congress president Rahul Gandhi has said his party will scrap loans of all farmers in the country if it wins the 2019 Lok Sabha elections.

NITI draws blueprint for roads, calls for spending on public transport

The strategy document also stressed on levying heavy penalties on contractors for poor quality of operations and maintenance into contracts across all contract modes

High cost of banking services hindering financial inclusion: NITI

Efforts to improve financial literacy should be complemented by mass media campaigns to spread information on financial products and how they are used, NITI Aayog said

NITI unveils 'New India' strategy paper to achieve $5-trn economy by 2030

The development strategy includes doubling farmers' income, boosting 'Make in India', upgrading the science, technology and innovation ecosystem, and promoting sunrise sectors