Page 2499 - Economy & Policy News

With elections in sight, low food prices are a budget problem for PM Modi

Govt may have to shell out more to compensate farmers for low market prices of some crops under a plan announced this year with a view to double farm incomes by 2022

Over 80% households in Northeast could have LPG connections by March 2019

The Barapani unit, which is at an initial stage now, will have a capacity of 30,000 MTPA and will cost Rs 740 million

Govt plans to bring in Cape Town Convention Act for civil aviation sector

The ministry has put out the draft Cape Town Convention Bill for public consultations

India's steel demand expected to be back on higher growth track: Worldsteel

The demand for steel in the developed world remains healthy, while in the developing countries steel demand will continue to recover amid challenges

Solar installations till June 2018 was at 5GW, says Mercom report

There are around 70 large-scale project developers with a pipeline of 5 MW or more in India

India may get waiver from US sanctions on Iran oil exports this month: MRPL

United States plans to impose new sanctions targeting Iran's oil sector on November 4

Hassle free pension disbursal soon as CAG initiates digitisation of process

The digital service and disbursal will soon be available in at least 21 states and Union Territories

India attracted $22 bn of FDI flows in first half of 2018, says UN report

The report, however, said that with the $22 billion FDI, India just about managed to make it to the top 10 host economies receiving the most FDI during the period

Saudi commits to meeting India's oil demand; keen to invest in fuel retail

India, the world's third-biggest oil importer, is facing record high retail prices

Small realtors caught in pincers as raw material cost rises: CRISIL

CRISIL SME Ratings has assessed over 1,100 realtors

Review payment terms to support weaker rupee: PM Modi to global oil majors

PM Modi also said even after a decade, oil and gas would be driving forces of the energy market

Govt plans to ease norms for entry of private players into fuel retailing

Removing barriers may also lead to the entry of more players like French major Total SA into India's petroleum retail segment

India's exports contract, but trade deficit falls to five-month low

September import growth was the second lowest this fiscal year, after the April growth figures of 4.6 per cent, bringing the trade deficit down to $13.98 billion

Visa, Mastercard, American Express miss RBI's data localisation deadline

But stern action from the RBI unlikely for now

India's wholesale inflation rises to 5.13% in September from 4.53%

Though CPI inflation also rose in September compared to the previous month, the price rise was higher in WPI

Calamity tax under GST: Panel gives states 3 options to raise extra funds

While relief and rehabilitation are covered under existing funds, the new levy will cover reconstruction

Speed of decision making not good for brand India: Robert Dudley, BP chief

He added that though there is a perception that India is challenged with oil and gas resources, it is blessed with a great market and whatever increased production will not be enough to fill it

Tax on carbon emissions could soon be a reality in Washington state

The idea is to make carbon pollution more expensive so people will use less fossil fuel

IL&FS impact: Prolonged liquidity crisis will hit economy, says Moody's

The current episode highlights the structural vulnerabilities in the liquidity management practices of Indian NBFIs

GeM, MyGov platforms should provide opportunity for start-ups: IT secy

'GeM opens a window of sellers to reach out to government departments which will be big support for start-ups and gradually India will be able to develop home-grown solutions'