Page 2446 - Economy & Policy News

Non-food credit grows at Rs 97.32 trn, highest since demonetisation: RBI

The higher growth in advances comes at a point when 11 banks are under RBI's PCA framework, which restricts them from fresh lending

Trai to meet telcos officials to discuss issues for deliberation in 2019

An industry source said the telecom operators could look for some clarity on the roadmap and timing for 5G auctions

Ayushman Bharat: 66% beneficiaries availed treatment in private hospitals

There is no cap on family size and age in the Ayushman Bharat scheme, ensuring that nobody is left out

Govt will work on Aadhaar's enrolment, updation services: Prasad to CSCs

Village-level Entrepreneurs or VLEs, who run CSCs, have been asking the govt to allow them to restart Aadhaar enrolment and updation services, after the UIDAI stopped Aadhaar work through such centres

HC asks UP govt to submit details, formula for fixing state's cane price

Allahabad HC did not restrict the Yogi Adityanath government from fixing SAP for the current crushing season 2018-19 or make any observation regarding its maintainability

RBI announces Rs 400 billion worth of OMO purchases in December

The last lot of G-Secs for this month will be purchased by the RBI on November 29, under its Open Market Operations, for an aggregate amount of Rs 100 billion

Indian grape exports to China to treble in 2 years after 50% fall in 2017

Chinese govt officials agree to visit Nashik Vineyards after talks with Apeda; 19 Chinese firms participate in direct buyer-seller meet in Mumbai

Dial 108: India's emergency response number has saved 1.5 mn lives so far

The service, currently available in 16 states and two union territories, employs 47,000 people and attends 80,000 calls daily

Arunachal MP urges Modi to take up state's issues with China at G20 summit

The MP urged Modi to take up the issues with the Chinese president and stand up to the hopes and aspirations of the people of Arunachal Pradesh

Post July auction success, Odisha to invite bids for 550 Mw solar power

"The auctions would be conducted on the reverse bidding mode. The chosen developer will have the discretion to select the location", an official source said

In talks with FinMin to improve credit flow into export sector: Prabhu

Prabhu said exports are growing and the ministry is taking steps to further accelerate the growth rate

Amitabh Kant wants ban on fossil fuel-based gensets to reform power sector

He also made case for phasing out more than 25-year-old coal-based thermal power plants, creating of open access power market, commercial coal mining and promoting renewables

Become nimble, refocus on R&D and be on your toes: Sitharaman to DRDO

Mission 'Raksha Gyan Shakti' focuses on training officials in IPR (intellectual property rights) registrations and encouraging IPR culture in defence

Jharkhand to seek Rs 8.16 bn from Centre for drought-affected districts

The state government has declared 129 blocks of 18 districts as drought affected

India provides $5 mn aid to Myanmar for border development projects

India and Myanmar signed a MoU for border development in May 2012, under, which India is to provide a total of $25 million to Myanmar

RBI Governor Urjit Patel briefs parliamentary panel on demonetisation, NPA

Patel was earlier scheduled to appear before the panel on November 12

Modi govt to push RBI to lift lending restrictions on some banks: Report

The members, including government nominees, will press for some of the weak banks to be removed from the so-called prompt corrective action list

Realities of food insecurity: India worse than Ethiopia in many indicators

India sees itself as an emerging world power, but doubts about the direction of its development remain

'Demonetisation was Modi govt's failed national improvement scheme'

The new India being forged through the pain of demonetisation makes a clear distinction between the 'us' and the 'other'

Oil prices slip on record Saudi output, markets eye G20, Opec meetings

Oil prices have lost almost a third of their value since early October