Page 2512 - Economy & Policy News

Policy on two-wheelers: Maruti's Bhargava urges govt to focus on e-bikes

As the key objective of the EV policy is to reduce the burgeoning oil import bill, we should concentrate our attention on two-wheelers, which is the low-hanging fruit and where conversion also is much

RBI to buy Rs 360 billion worth of bonds in October to ease liquidity

Since mid-September, the RBI has conducted two OMO purchases, infusing Rs 200 billion, to ease liquidity pressure

Govt issues lookout notices for four directors of debt-laden IL&FS

In its petition filed with NCLT, the govt said these directors -- Ravi Parthasarathy, Hari Sankaran, Ramesh Bawa and K Ramchand -- were likely to flee the country overnight

IL&FS: Third time's the charm as govt succeeds in taking over private firm

The Ministry of Corporate Affairs seems to have taken past lessons to heart while building a water-tight case in the IL&FS issue

Solar push: Second version of RE-Invest to open amid regulatory uncertainty

RE-Invest 2014 saw a commitment of 200,000 MW by 126 investors and a financing commitment of around Rs 9,000 bn by 27 banks and financial institutions

SFIO begins probe into irregularities at debt-laden IL&FS in Mumbai

The fraud office may also question rating agencies for not being more vigilant and accountable

Govt takes control of IL&FS; new board may choose Uday Kotak as chairman

NCLT said the new board must hold its meeting by October 8 and come out with a roadmap before the next hearing on October 31

Indian farm size shrank further by 6% in 5 years to 2015-16, census shows

With land holding getting smaller, the share of small and marginal holdings in the country, has risen to 86.21 per cent of total operational holding in 2015-16

Govt eyes 1.5 mt of additional pulses output in rabi season starting Oct

India's annual pulses consumption is estimated at 25 million tonnes

Swachh Bharat sans Swachh cities? Post-toilet crisis scourge of urban areas

The SBM focuses exclusively on toilets built, but cleanliness is not complete if we do not get rid of the solid and liquid waste we generate

Defensive FM says loan write-offs don't lead to waivers, recovery still on

He said public sector banks have recovered Rs 365.51 billion of bad loans or NPAs during April-June quarter

Indian Banks' Association proposes new wage hike formula to bank unions

Bank unions have opposed the proposal of linking pay to performance

YES Bank asserts strong show ahead of official Q2 to stem share price fall

YES Bank says fully geared for Rana Kapoor's succession

Manufacturing PMI rises to 52.2 in September on back of new orders

Price pressures intensified ahead of the RBI's monetary policy review as input costs rose the most since June

India's core sector growth slips to 8-month low of 4.2% in August

8 segments cumulatively grew 5.5% in first five months

GST mop-up: Rs 1-trillion target missed for fifth month in a row

This has brought down the average monthly GST collection in 2018-19 marginally, from Rs 967 billion (April - August) to Rs 963 billion (April - September)

Air India seeks bids for the sale of 14 properties, eyes Rs 2.5 billion

Jayant Sinha says govt working on a package to revive the carrier

Indian Railways not to mark Gandhi's birth anniversary as 'Vegetarian Day'

Railway Board has instructed that the option of non-vegetarian food be made available for passengers on the said day as usual

Prices of two-wheelers to rise sharply amid slew of new regulations

Manufacturers are also facing cost headwinds fan from increase in commodity prices prompting some of them to announce price hikes

Rupee slumps 26 paise to 72.91 against dollar, ends near 2-week low

The Reserve Bank on Monday announced that it will inject Rs 360 billion liquidity into the system