Page 2434 - Economy & Policy News

Manufacturing PMI jumps to 11-month high in Nov amid strong demand

This is the 16th consecutive month that the manufacturing PMI remained above the 50-point mark

S&P revises outlook on PFC to negative, flags concern on capital level

The company has an extremely high likelihood of timely and sufficient extraordinary support in the event of financial distress

How Jharkhand govt broke law by taking fertile land from farmers for Adani

'We begged Adani's people to stop,' said Santali farmer Anil Hembrom. 'But they said our land was theirs now, that the government had given it to them'

Govt ropes in think tanks, IIM-B to assess economic impact of RCEP deal

Centre wants such independent assessment to be framework for all future FTA talks, similar to the BIT

Indians high on whistle-blowing to SEC, back off when tipping Sebi

Sebi can neither offer significant protection nor reward when compared to SEC

Govt confident of meeting fiscal deficit target despite GST shortfall

Centre expects direct taxes to overshoot target by Rs 300 billion

Govt to revamp SEZ incentives policy, focus on employment over exports

SEZs may be rechristened as 'employment economic conclaves'

Power prices see a spike as states go on buying spree in poll season

India has general elections next year with the present government's tenure expiring May 2019

Govt sets up 6-member panel to frame plan to sell 149 ONGC, OIL oil fields

This is the second attempt of by the Oil Ministry to take away some of the fields of state-owned ONGC for giving to private and foreign companies

Businesses jittery over procedural hassles in filing of annual GST returns

The Confederation of Indian Industry has already asked the government to defer the deadline for filing to March 31

India and China resolve key business, tax issues to facilitate trade

To make life easy for Chinese companies, the Indian revenue department this month amended some protocols of the double-tax avoidance treaty between the two countries

Statsguru: India's Q2 GDP growth slows down to 7.1% from 8.2% in Q1

Growth in the second quarter has come in below RBI's estimate of 7.4%

Yogi govt to tie up with micro lenders for small business funding

UP govt plans to integrate MFI channel with its flagship One District One Product scheme

Allow private participation in PSBs to resolve NPA crisis: Subramanian

In return, the RBI would deploy its surplus capital to augment the resources for recapitalising PSBs and capitalising any new holding companies, Subramanian added

Charge of jobless growth on govt false; 7 mn jobs created in FY18: NITI V-C

Former PM Manmohan Singh recently said the BJP-led govt's promise to generate 20 mn jobs annually has turned out to be a 'gimmick'

Proposed acquisition of PFC by REC needs approval of RBI, CCI: Official

Once the proposal is cleared by the power ministry, it would be taken to the cabinet for final approval

Over Rs 3.39-trn cost overruns in 362 infra projects due to delays: Report

The brief reasons for time overruns as reported by various project implementing agencies are delay in land acquisition, forest clearance and supply of equipment

China says no to Indian proposal for trade in domestic currencies: Official

India had suggested China for renminbi-rupee trade to boost its exports and tackle the widening trade deficit concern

RBI needs a strong balance sheet for independence, credibility: Fitch

RBI's capital base is Rs 9.69 trn at present; FinMin wants it to be lowered in line with global practices

Why do Indian airlines struggle to take off despite high demand growth?

The truth is that the aviation sector has been weakened thanks to a combination of errors by both the private sector and, crucially, the government