Page 2529 - Economy & Policy News

Funds worth Rs 160 bn getting stuck led to this mess: IL&FS tells staff

The management also claimed that sufficient clarity will emerge after the September 15 board meeting

Power Finance Corporation on guard as it chalks out asset resolution plan

The Supreme Court on Tuesday directed all cases filed against the Reserve Bank of India's February 12 circular to itself

Iron ore prices zoom 80% in 3 months on stable demand, buck global trends

Prices to stay elevated despite range bound international trends

Suresh Prabhu tweets export numbers ahead of schedule, brings cheer

Prabhu's comment is also thought to have affected the fortunes of the volatile Rupee which managed to stem its continuous fall over the past few days

Surgical device manufacturers asked to explain hike in prices of products

Surgiwear, has also been issued show cause notice for 12 products, including internal prosthetic implants, bone cement, eye dressing materials

Industrial production grows at 6.6% in July; electronics, pharma shine

Economists suggest that current rates sustaining over the next 2-3 quarters, will lead to the 5-6 per cent mark for the year, which will be a significant recovery

At a 10-month low of 3.69% in Aug, retail inflation below RBI target

Fuel and light inflation rose to 8.47% in August from 7.96% in the previous month

Cabinet clears cess, royalty waiver on enhanced hydrocarbon production

The Policy, having a sunset clause, will be effective for 10 years from the date of its notification

Sugar output may fall marginally as govt hikes procurement price of ethanol

Sugar output likely to drop marginally if mills make ethanol directly from B-molasses

Centre bans 328 fixed-dose combination drugs over safety grounds

The ban follows the recommendation of the drug technical advisory board (DTAB)

Chhattisgarh Legislative Assembly okays payment of Rs 24 bn as paddy bonus

Chhattisgarh has set a target of procuring 7.5 million tonnes in the current kharif marketing season

Falling rupee, rising oil price, RBI rate hike may impact GDP: Amit Mitra

Centre was unable to create any advantage for India when oil prices were muted during February 2016, said Amit Mitra

Cabinet gives ex-post facto approval to transfer RCF's land to MMRDA

The Cabinet has approved selling of Transferable Development Right (TDR) Certificate received/receivable against the transfer of land to MMRDA and MCGM

As rupee, oil prices hurt, PM Modi to review the state of the economy

The meeting comes in the backdrop of the Indian currency touching its lifetime low of 72.91 to a dollar, depreciating 12.3% since the beginning of 2018

IIP, CPI data amid rupee's slide and rising petrol prices is a relief

IIP growth has come in at a steady 6.6%, which is higher than our forecast of 5%

IIP growth slows to 6.6% in July; down from 6.9% in June

The IIP growth for June was revised downwards to 6.9 per cent from the provisional estimate of 7 per cent released last month, the data showed

CPI inflation slows to 3.69% in August; food inflation at 0.29%

RBI will be considering this set of data for formulating its next bi-monthly monetary policy on October 5

Remaining 13,000 km of rail tracks to be electrified; cabinet gives nod

The decision was taken in the Cabinet meeting chaired by Prime Minister Narendra Modi

Pariwartan: A parking lot for stressed power assets that have no takers

Coal supply is sketchy, power demand is tepid and no bank is ready to infuse any fresh lending in the conventional power sector

Fuel on Fire: Indian states make a killing on taxes as citizens suffer

Only a handful of states reduced sales tax or VAT on petrol as retail fuel prices kept rising across India