Page 2513 - Economy & Policy News

Irdai allows point-of-sales to distribute all micro-insurance products

Irdai in a circular has done away with the practice of pre-fixing the word 'PoS' on life, general and health products sold through PoS

Centre, states apportion Rs 290 bn IGST in Sept, Union govt to get Rs145 bn

The apportionment would help improve indirect tax position of both the Centre and states

With sheer will, this duo is transforming lives of women in rural India

An ambitious civil society initiative is trying to plug the state's failure in some of the most backward parts of the country

A hat-trick of normal monsoons that missed Gujarat, Punjab and Haryana

Final DRIP scores for the season continued to highlight the strain in Gujarat, West Bengal, Bihar, Rajasthan, Andhra Pradesh and Maharashtra

Citing China & Japan, ONGC Videsh seeks sovereign fund for foreign buys

The overseas subsidiary of Oil and Natural Gas Corporation (ONGC) has submitted the proposal to the petroleum ministry

Monsoon starts withdrawing, rainfall 9% below normal, show IMD data

IMD also issued the operational forecast for the 2018 northeast monsoon season, which causes 30% of the annual rainfall

Tamil Nadu sugar mills seek support from centre, state to boost output

Industry wants go-ahead to produce power from co-gen units, seeks higher subsidies to farmers; also wants RBI to relook at NPA policy specific to the sector

US mulls alternative oil supplies to ensure 'friend' India doesn't suffer

The US has made it clear that any country that continues to do business with Iran will be blocked from accessing the American banking and financial system

Import duty on 35 capital goods waived to boost mobile phone manufacturing

FinMin exempts items such as motherboard coating machines, PCB assembly loaders, unloaders from customs duty

Odisha govt seeks tie up with Oracle to make tech graduates employable

Though Odisha boasts of a cluster of engineering and management institutions and draws students from elsewhere, the performance of some of them on placements is woeful

Ecomm cos will have to follow these modalities for deducting TCS from Oct 1

The CBIC has come out with a list of 29 FAQs answering industry queries on the modalities to be followed by the e-commerce operators for deducting TCS

Modi govt cuts gross market borrowings by Rs 700 billion for FY19

Move may ease bond yields and pressure on liquidity; govt may meet fiscal deficit target

GST shadow over solar pump scheme, target likely to be missed

Differential GST rates levied by various states have lately led to an escalation in the cost of solar pumps

Govt should expand coverage of old-age pension, hike amount: activists

Suggest 0.8% wealth tax on the most affluent, seek minimum pension of Rs 2,500 a month

Crisis-hit IL&FS can raise Rs 700 billion by selling assets, says LIC

LIC also says it is open to raising stake in the firm

Govt extends deadline for comment on data privacy framework to October 10

The draft Personal Data Protection Bill was uploaded on the Ministry of Electronics and IT's website on August 16

Paswan cites govt's Rs 55 bn package to rule out further MSP hike in sugar

Industry not happy with MSP of Rs 29 a kg fixed in June, wants Rs 34 in order to meet hike in cane FRP

Aadhaar verdict: Can you sue UIDAI and its licensed entities for offence?

Legal experts say an amendment is required to empower citizens to file criminal complaints

No major risk involved in NBFC portfolio, says SBI's Sujit Kumar Varma

NBFCs are facing the heat of a crisis at IL&FS, which defaulted on repayment of its commercial paper dues, leading to a contagion effect in the sector

GST council meet: Panel of 7 finance ministers to decide on calamity tax

Centre vows to help states reduce revenue shortfall to near-zero in five years