Page 2457 - Economy & Policy News

RBI capital adequacy move opens window for Rs 3-trn extra lending by banks

RBI move to ease norms may reduce govt's capital infusion burden by Rs 350 billion

RBI move a small victory for govt, say Finance Ministry officials

RBI board decided to constitute an expert committee to examine the economic capital framework of the central bank

Indian airlines seek waiver from airports, oil firms for financial revival

FIA, a group consisting of IndiGo, SpiceJet, Jet Airways, Go Air said such a move would help them revive financials of the firms

Shipping ministry seeks Rs 23.5 billion to fund inland waterway projects

The allocation for FY19 was Rs 18.81 billion. Of this, nearly one-fourth or Rs 5.08 billion was earmarked for implementation of such inland waterway projects

Feeling the fuel cost pinch? Here's why petrol should be cheaper by Rs 4

OMCs in India seem to be in no mood to pass on benefits of nosediving Brent crude prices to fuel consumers for now

European Union flags concerns on certain provisions of Data Protection Bill

The union also asserted that the proposed Data Protection Authority (DPA) needs to be allowed to function independently and impartially

Airfares soar, Railways cash in with more coaches to attract flyers

On Friday (November 16) evening, several travel portals showed a sharp rise in spot airfares

Maersk, DP World face probe for antitrust behaviour at Mumbai port: Sources

The dispute centres around so-called inter-terminal transfers

SECI to consider lone bid for solar tender linked with manufacturing

Major players shied away from the bidding citing lack of funding push from the Centre, thereby reducing viability of solar manufacturing in India

Rabi sowing in Gujarat likely to fall by half; crop production 60% lower

So far, as against a total of 850,000 hectares of total rabi sowing last year, the same has been at 450,100 hectares till November 12, as per the data available

Y C Deveshwar, Kumar Mangalam Birla hold meeting with Air India management

The two independent directors held an 'informal' meeting with the senior management, said the airline

India, Russia sign $500 mn deal for constructing 2 warships for Indian Navy

They said the agreement for the project was signed between defence PSU Goa Shipyard Ltd (GSL) and Russia's state-run defence major Rosoboronexport

Cleaner fuel may mean 60-mt loss of demand by 2035: CRISIL report

In 2017-18, India's petrol consumption was at 26.2 million tonnes and diesel was 81.1 million tonnes

Why it is just a ceasefire and not the end of the war between RBI and govt

This truce is a defeat for India's central bank

World Bank to lend $310 mn to boost Jharkhand's power transmission infra

The project, part of the central government's 'Power for All' programme launched in 2014, will help bring in modern technology solutions

Despite higher oil prices, small biz sentiment largely intact in Q2: Survey

The fourth Crisidex survey, jointly undertaken by Crisil and Sidbi, said lenders' sentiment has also increased since the last survey

Price cap on drugs, medical devices helped patients save Rs 150 bn: Govt

One million heart patients have saved around Rs 80 bn since the fixation of ceiling prices of coronary stents in Feb 2017

Govt pushing for air freight stations to cut cargo operation cost: Choubey

Air Freight Station is an off-airport common user facility that offers service for handling and temporary storage of import and export cargo

AMRUT scheme: Govt approves Rs 740 bn for over 2,400 sanitation projects

The AMRUT scheme was launched by Prime Minister Narendra Modi in 2015

RBI move to boost bank's lending capacity up to Rs 3 trn, say sources

The RBI agreed to extend a deadline for lenders to further lift capital conservation buffers, by a year to March 31, 2020, at its board meeting on Monday