Page 2429 - Economy & Policy News

Economy on track? Nov Composite PMI sees quickest growth since note ban

Should augur well for Q3 GDP growth, tweets Economic Affairs Secretary Subhash Garg

Centre's disinvestment plan to get a boost if REC-PFC merger happens

Senior power ministry officials, Dipam officials, and representatives from REC and PFC met Finance Minister Arun Jaitley last week, to discuss the merger proposals

Kumaraswamy Cabinet to induct six Congress, two JD(S) members on Dec 22

This will be the second expansion of Kumaraswamy's ministry, who currently heads the 26-member cabinet

Centre to spend Rs 700 bn to spread gas pipelines across country: Pradhan

South Eastern Region Pipelines (SERPL) is presently operating cross-country pipelines network of crude oil

Govt to clear fertiliser subsidy arrears of Rs 100 bn by March: Gowda

The government will also not raise the minimum retail price (MRP) of urea to protect farmers interest, he said

RBI says will cut SLR gradually to 18% by mid-2019

The calibrated reduction in statutory liquidity ratio (SLR) will continue till it reaches 18 per cent. The current SLR is 19.5 per cent

Why Urjit Patel chose for status quo and a possible rate cut is on cards

On the surprising dip in inflation lately, Patel said more dataprints are needed to ascertain its durability

RBI governor Urjit Patel parries all questions about spat with government

According to central bank sources, the government had sent three letters to the RBI before October 10 with nearly a dozen demands, which were replied to within a week

In-flight connectivity rules could be notified as early as January: Sinha

The decision is expected to pave the way for travellers to use internet and voice services on mobile phone during flights in the Indian airspace

PMI data: Rise in biz activity in Nov to support GDP growth, says Garg

India's economic growth fell to 7.1% in the second quarter (July-September) of the current fiscal, from 8.2% in the April-June period

E-tailers into services not to collect TCS; online goods players cry foul

Clarification says no TCS for e-commerce service players up to Rs 2 mn annual turnover

Is the Old Pension System for state government employees a feasible idea?

Under the old pension system, a retired employee is given assured pension which keeps on rising depending on the inflation rate

Services PMI climbs to a 4-month high in November on domestic demand

The Nikkei/IHS Markit Services Purchasing Managers' Index rose to 53.7 last month from 52.2 in Oct, its highest since July

Hydro power in India likely to see boost with 10 Gw units, new policy

Aims at reducing the cost of construction

How a labourer's identity impacts access to welfare schemes in Rajasthan

While Bamaniya's self-identifying mazdoors believed that they were legally entitled to certain benefits, this turned out to be a misunderstanding propagated by unofficial agents

Govt buys pulses, oilseeds worth Rs 441.42 bn from farmers in last 4 years

India reported production of 25.23 million tonnes (MT) of pulses during FY 2017-18 against 14.66 MT in FY 2009-10, an increase of 72.10%

I-T returns filed in April-Nov up 50% y-o-y owing to demonetisation: CBDT

48% of annual target for direct taxes already collected, says CBDT chairman

Next round of airport privatisation to be easier than Delhi, Mumbai

Companies with no prior experience in airport operations will be allowed

SBI will cease to be EPFO fund manager from March-end: Labour minister

The EPFO has separately engaged SBI Capital and UTI Mutual Funds as exchange-traded fund managers

Indenting agents of foreign firms may get relief on IGST: Sources

Indenting agents in the metal industry have already approached Gujarat High Court against the IGST