Page 2510 - Economy & Policy News

Farmers misled by BJP's 'political lollipops' again: Cong after MSP hike

The government Wednesday announced a 6 per cent hike in wheat support price to Rs 1,840 per quintal and up to 21 per cent increase in other rabi crops, a move that will give farmers Rs 626.35 billion

Rupee's recent weakness has pushed India out of the $2-trn market-cap club

France, Germany and Canada are the only three nations in the $2-trillion equity-market club

Cabinet clears the decks for Rs 1-trn railway station modernisation plan

IRSDC will be able to raise money from the market based on a letter of comfort from railways

Govt approves steep MSP hike, 50% profit over input cost for rabi crops

The hike in MSP for rabi crops will give additional returns of Rs 626.35 billion to farmers

Amid farmers' protest, govt hikes wheat MSP by Rs 105 a quintal for 2018-19

The MSP of wheat was Rs 1,735 per quintal in the 2017-18 crop year

GSTN makes PIN code must for transporters, businesses for e-way bill

So far, businesses and transporters are required to broadly mention the distance and place of loading and unloading of consignments for generating e-way bill

To pacify protesting farmers, govt to raise wheat support prices by 6%

This year, Modi's cabinet is expected to raise the MSP on wheat by Rs 105 ($1.44) to Rs 1,840 per 100 kg, the sources said

Behind the IL&FS crisis: India hasn't a clue how to pay for infrastructure

The infrastructure projects worth building are those that pay for themselves in the long run

RBI intervenes lightly as rupee crosses 73/USD for the first time

"RBI is intervening, but not big time," said a senior currency trader at a foreign bank

Modi's solar mission doubtful as policy confusion dims investor sentiments

Safeguard duties, a lack of long-term buyers and inefficient cost structures are all holding back Modi's ambitious plan

The farmer protest that brought Delhi to a standstill 30 years ago

Yesterday's protest was unique in the manner in which it resembled a similar agitation that took place in 1988

Oil puts rupee on track to beat taper-tantrum, outpace losses seen in 2013

Rupee has been setting one record low after another recently, with overseas investors having pulled a net $9.1 billion from Indian stocks and bonds this year

DoT seeks legal opinion on creation of ombudsman under Trai

The Trai Act may be modified to create an ombudsman with power to penalise operators or compensate consumers

Odisha CM launches food security plan for those 'left out' of NFSA

The beneficiaries of the SFSS will also get cheap rice at the cost of Re 1 as availed by the people covered under the NFSA

How changes to labour laws helped improve Andhra's business-friendly image

The state topped in ease of doing business twice, was ranked second once in past four years; labour reforms were seen as a key factor that helped it attract new investments

New variable pay formula to cover loss-making public sector banks too

A performance matrix has been framed by the IBA and PSBs will be put in six different categories based on their profitability

IL&FS crisis: India Ratings acted over 2 years after cautioning on ITNL

On Feb 8, it said ITNL's leverage ratio in the financial year 2016-17 improved 7.35 times, but added it was higher than what the agency expected

IL&FS defaults can lead to systemic risks in financial sector, says DEA

The cascading impact of the default by the IL&FS Group on the financial sector would be quite substantial as evidenced from a partial default of some companies

SC's Aadhaar verdict rocks new-age digital cradle: All you need to know

Customer acquisition and servicing models in financial services will have to be reimagined

Oil producers start investing surplus across globe as economies turn around

India needs to convince them about return potential to attract that money