Page 2455 - Economy & Policy News

Petrol, diesel prices slashed by 40 paise as global crude oil slips

A litre of petrol today costs Rs 75.57 in Delhi, Rs 81.10 in Mumbai, Rs 77.53 in Kolkata and Rs 78.46 in Chennai

Restrictions on trade hit a new high; G20 nations impose 40 measures: WTO

The WTO chief warned that further escalation remains a real threat

Will Bhavantar scheme for farmers pay off for BJP in Madhya Pradesh polls?

The BBY, a novel scheme launched by the Madhya Pradesh government for kharif crops last year

Worst may be over, but textile exporters still face a long road to recovery

Apparel exports rose in October after more than a year of sustained fall

RBI rejected govt proposal to apply Basel-III guidelines to four banks

RBI has not acceded to the government's demand of altering the risk weights assigned to the Micro, Small and Medium Enterprises (MSMEs) at the time of availing loans

Govt for more central board members in key RBI panel ahead of Dec 14 meet

Sources said the government had moved a proposal titled 'governance in RBI' at least six months back

Flat steel prices may be headed for correction prompted by global cues

In November, steel producers had tried to increase flat steel prices by Rs 1,000-1,500 a tonne but could not pass it

Govt may have to cut capital spending by Rs 700 bn, says SBI report

Growth in Q4 could be below 7%; this is largely due to shortfall in GST collections

State, central govt ministries linked to online portal on sexual harassment

Through this portal, WCD, as well as the complainant, can monitor the progress of the inquiry

Govt not in favour of US' demand for cutting duties on 7 ICT products

India and the US is negotiating a mutually agreeable bilateral package on a number of contentious issues

ESIC data suggest 16 mn new jobs created in 13 months till Sept: Report

Job creation more than doubled to 973,000 in September, the highest monthly addition since September 2017, compared to 411,000 in the same month last year, as per the EPFO payroll data

Govt issues new guidelines for foreigners seeking organ transplant in India

Among the patients from abroad, NRIs and persons of Indian origin will be given preference

CAD may narrow to 2.6% of GDP in FY19 on falling oil prices, says report

The report earlier stated that CAD may touch 2.8% of GDP in the current financial year

Bank credit rises by 14.88% and deposits up by 9.13%: Central bank data

Personal loans rose by 15.1 per cent in the month, against 16.8 per cent last year.

India's employability rises to 47%; engineers most employable: Study

India Skills Report says 57 per cent of the final-year engineering graduates were employable, an increase of about five percentage points since last year.

Indirect tax mop-up may fall short by Rs 900 bn; report cites 2 reasons

This will imply CAD settling down at 2.6% of GDP (previously 2.8% of GDP), said the report

CEOs of public banks empowered to stop wilful defaulters from fleeing India

Earlier, the Finance Ministry had asked PSBs to collect passport details of all those borrowers who have borrowed loans of more than Rs 500 mn

AAI identifies 20 locations for the development of water aerodromes

All the identified 20 sites are freshwater bodies - either a multipurpose dam or a perennial river

Number of infrastructure projects rise, so do cost overruns: CARE

The CARE report gives a brief on the status of 1,361 Central Sector Infrastructure projects costing Rs 1.50 billion and above

UP sugar mills to add ethanol plants, distilleries from next year: Yogi

Blames previous governments for shutting, selling off state sugar mills