Page 2419 - Economy & Policy News

MP CM Kamal Nath keeps Cong promise, signs file to waive off farmers' loans

Riding on its promise of a farm loan waiver, the Congress won 114 seats, two seats short of a majority in the 230-member House

Govt's total liabilities rise to Rs 82 trn by Sept end, shows FinMin data

The holding pattern indicates a share of 41.4% for commercial banks and 24.6% for insurance companies by end-Sept 2018

Government opens managing director post at SBI to other PSB executives

Many of today's executive directors at the PSBs were first employed in the 1980s through a competitive process, at a time when job opportunities were limited

India holds off import tariff hike on select US goods untill Jan 31

Angered by Washington's refusal to exempt it from higher steel and aluminium tariffs, New Delhi said in June that it would raise import tax from August 4 on some US products

Export growth to surge to 7% in Oct-Dec after slump in Nov: Exim Bank

The country's exports growth slid sharply to 0.8% in Nov from Oct's 17.86% growth in what was attributed to base effects

NHAI projects likely to fall short by 33-37% of its FY19 target, says Icra

As on March 31, 2018, NHAI has around 15,000 km of portion, which included projects awarded over the last five years, under completion

Less than 60% engineers, MBA grads get campus placements: Parliament told

'To encourage 100% placements to the graduates, AICTE has launched outcome-based model curriculum for UG and PG level courses'

Centre unlikely to go for large farm loan waiver before 2019 polls: Report

The report comes days after a group of economists, including former RBI governor Raghuram Rajan, pitched for doing away with farm loan waivers

Exporters 'in a panic' over RBI plan to send cases to ED: Industry lobby

RBI reportedly contemplating to forward cases of non-realisation of export proceeds to the Enforcement Directorate

Poll bonanza? Yogi govt likely to table Supplementary Budget of Rs 150 bn

UP assembly winter session starts tomorrow, Budget to be tabled on Wednesday

Banning high-value notes 'bad idea', demonetisation slowed growth: Rajan

Growth was not only impacted due to demonetisation, but also because of the implementation of GST, he said

Way paved for data on Rs 2,000, Rs 500 notes printed after demonetisation

Currency-printing subsidiary of Reserve Bank of India claimed sharing the information will hurt India's economic interests.

DoT expects to complete process for 5G spectrum auction by August 2019

India's largest telecom operator Vodafone Idea has urged the telecom department not to hold spectrum auction till 2020

Govt meddling in RBI could undermine India's financial stability: S&P

S&P's lead global sovereign analyst said last week that India's 7% annual growth would be enough to keep the Indian government's investment grade BBB- rating stable

Sensitive items import up 34.5% in April-June

Sensitive items import up 34.5% in April-June

Skies More Open Than Ever

Skies More Open Than Ever

Finmin working on new draft of GST Constitution Amendment Bill

Finmin working on new draft of GST Constitution Amendment Bill

Govt may slash subsidy on DAP, potash fertilisers

Govt may slash subsidy on DAP, potash fertilisers

Madras HC bans online medicine sales, asks Centre to notify rules by Jan 31

The court had, on October 31, issued an interim order restricting online sale of medicines without a license and had directed Centre or competent authority to curb such sales

With no end to NPA woes, cos turn to foreign banks to raise offshore funds

The downfall of shadow lender IL&FS group has fueled concerns about default risks, making banks cautious and pushing up the cost some firms pay for loans at home