Page 2507 - Economy & Policy News

Stalled projects choke fresh private investments in infrastructure: Crisil

Infra spending slipped from 7% of GDP during 2008-2012 to 5.8% between 2013 and 2017; could fall further if private investments aren't spurred, says rating agency's report

After petrol price cut, Maha to slash diesel price by Rs 1.50 per litre

The diesel consumers in the state will get a relief of Rs 4 per litre as the Centre has already reduced the prices on the fuel by Rs 2.50 per litre

India, ADB sign $110 mn loan agreement to upgrade rural roads in MP

The $110 million is the second tranche of the $500 million Second Rural Connectivity Investment Programme for India

Govt welcomes RBI decision to hold rates, disagrees with growth forecast

RBI on Friday kept the policy repo rate unchanged at 6.5 per cent

Govt move on fuel prices to hit OMCs' profitability, credit metrics: Fitch

The ratings of the three firms, IOC, BPCL and HPCL will be unaffected as they are driven by state support, said Fitch

Modi-Putin summit: From S-400 Triumf to manned space flight, 8 pacts signed

Pacts were also inked in the fields of space, nuclear energy, railways and space

Fiscal deficit slippage to impact inflation, markets: RBI to Centre, states

FM Arun Jaitley has assured that the govt will stick to the fiscal deficit target and there will not be any slippages

Modi-Putin summit: India, Russia to develop 6 nuclear power plant projects

Russian President Vladimir Putin and Indian Prime Minister Narendra Modi held summit talks on Friday in New Delhi

RBI lowers retail inflation projection for H2 of FY19 to 3.9-4.5%

RBI said that inflation outlook needed a close vigil over the next few months as several upside risks persist

Prasad asks Russia to leverage massive potential of India's digital economy

Prasad said India is pushing its digital economy to touch $1 trillion mark in coming 3-4 years, leading to opportunities in areas like IT, e-commerce, communications and electronics manufacturing

Prabhu bats for govt-level agreement for more diamond imports from Russia

Russian Economic Development Minister said Russia was preparing a strategy to increase economic cooperation with India

Indian motorcycle makers' dilemma: More for less or less for more?

The size and structure of the industry make it difficult to navigate every twist and turn

Eight years later, Centre takes back control of auto fuel prices

Unlike many other UPA policies the NDA govt overruled or renamed, petroleum pricing had a clear policy direction for the past eight years

Technology only input to impact future of Indian railways: Piyush Goyal

Goyal hit out at the previous government for the low amount of budget sanctioned to the ministry, which halted the evolution of technology

UTI Asset Looks Beyond Rupee Slump as India's Poll Season Near

Political uncertainty and concerns about the impact of surging oil prices on the fiscal deficit have prompted UTI Asset to trim the duration of its bond holdings

Going extra length to get India substitute oil seller: US on Iran sanctions

The White House as it reiterated its warning to all purchaser of Iranian oil to bring it down to zero by November 4

Modi govt blinks, reduces petrol and diesel prices by Rs 2.5 a litre

Jaitley said the exchequer would take a hit of Rs 210 billion on an annualised basis due to the excise duty cut

Govt may cancel routes awarded to Air Deccan and Air Odisha under UDAN

Under the first round of UDAN, as many as 70 airports, including 31 unserved and 12 under-served ones, were to be connected

When govt takes charge of IL&FS, everybody behaves differently: Ex-director

IL&FS' former director says the board tried various initiatives, but those didn't succeed

Modi's Ayushman Bharat scheme: On-boarding state hospitals a challenge

The Ayushman Bharat team is persuading government hospitals to be an active part of the scheme