Page 2528 - Economy & Policy News

Global financial crisis: Lehman's third act won't play in emerging markets

The global meltdown didn't happen. Demographics mean it's unwise to bet on one now

Frame rules to auction uninsured vehicles in accidents to pay victims: SC

The prevalent rules do not allow selling of the uninsured vehicles making it difficult to pay the compensation for the victims

TDS and TCS provisions under GST law to be implemented from Oct 1: Govt

E-commerce companies will now be required to collect up to 1 per cent TCS while making any payment to suppliers under the GST

Odisha wants swapping of NTPC power to save Rs 5 billion every year

Odisha's energy minister, however, alleged that NTPC had hiked its tariff projections from the first years of operations at TTPS

Cabinet okays new procurement mechanism for crops, hikes ethanol rates

Farm groups say nothing new in the announcements and all schemes are existing

Engaging private players in procurement at MSP is fraught with challenges

Issues like lack of storage space for foodgrains other than white and rice and the likely losses in MSP operations are some of the issues that might prevent private players from coming forward

Russia is our largest investment destination in oil, gas sector: Pradhan

He opined that signing of declaration on the India-Russia Strategic partnership between former PM Atal Bihari Vajpayee and President Putin was a "watershed moment in our relations"

Tamil Nadu govt bans e-cigarettes, users' body to approach judiciary

Association of Vapers India have begun protesting the move

Has SC thrown a wrench in RBI's circular on resolution of bad loans?

The Allahabad high court has also asked the government to examine the possibility of advising the central bank under Section 7 of the RBI Act against initiation of bankruptcy proceedings

India deserves to be in NSG, still not there due to China's opposition: US

India has been seeking entry into the 48-member elite nuclear club, which controls nuclear trade, but China has repeatedly stonewalled its bid

States likely to reap a Rs 200-bn windfall, courtesy rising oil prices

However, immediate gain unlikely due to reduced petrol and diesel sales in monsoon months

IAF chief defends Rafale, but looks towards Tejas for the long term

IAF will buy 250 Tejas Mark II, to operate 18 Tejas squadrons

EMIs to rise? RBI may hike rate despite retail inflation fall: SBI report

Lower food prices eased India's August retail inflation to 3.69%

10 yrs of Lehman crisis: Lessons India didn't learn from the 2008 meltdown

The fourth part of the series on the 10th anniversary of the fall of Lehman Brothers looks at India's missed opportunity to set its footprints abroad

Sliding rupee, rising oil make analysts cautious; book profit now, they say

The developments have made analysts cautious, who suggest investors' should book partial profit at the current levels and avoid fresh investment in the markets till rupee and oil prices stabilise

YES Bank evaded Rs 330 mn tax via 'cut and pay' scheme: GST authority

Bank refutes charges, says it has consulted experts who have confirmed that their interpretation of the law was correct and tenable

IIP, inflation numbers offer Centre respite amid rupee, fuel tantrums

The rate cuts in the GST on over 100 items from July 27 pulled down the inflation rate

Govt's decision to act sends dollar bulls for cover, rupee stages recovery

Equity markets rallied after two days of sharp losses on hopes that the Centre will take steps to address the macroeconomic concerns

IL&FS Energy Development defaults on term credit to financial institutions

The IEDCL default comes at a time when parent IL&FS itself has defaulted on repayments to SIDBI

Cabinet approves 100% electrification of railways at a cost of Rs 121.34 bn

This comes at a time when General Electric is set to come up with a diesel locomotive manufacturing unit at Marhowra in Bihar