Page 2534 - Economy & Policy News

Bengaluru to host Aero show in 2019 despite row, says Defence Ministry

Since its inception in 1996, Bengaluru has been hosting the event

Crisil Drip index: 6 states rain-deficient, only 2 crops smarting

This week's DRIP scores continue to highlight the strain in Gujarat, West Bengal, Rajasthan and Bihar

Paper stocks bump in anticipation of govt's anti-dumping duty levy

The sharp increase in the paper stock price indicates that the government is in an advanced stage of levying anti-dumping duty on its import to restrict its arrival in India

India's offshore wind power capacity to hit 30 Gw, equal China's by 2030

As per estimates, China and India will ride offshore wind power wave. South Korea (18 Gw), Japan (10 Gw), Taiwan (5.5 Gw) will be other major contributors

Synthetic textile industry on a cusp of turnaround over rupee slide

Depreciating rupee to make India's import costlier and export beneficial

As stable economy, India shouldn't react quickly to oil price hike: Pradhan

Pradhan was replying to a query whether the government will cut excise duty on petrol and diesel which have touched their all-time highs

Tea production falls 6.7% in July, exports up 65% to Rs 26 bn in 7 months

Exports to neighbouring Pakistan, China and Iran went up significantly while the shipments to Germany and CIS countries were down

Uber execs meet PM Modi to discuss aerial taxi; Delhi, Mumbai in plans

Uber has already said it hopes to start operating demonstrator flights in 2020 and begin commercial operations in 2023 in the three cities, depending on the regulatory clearances

India's Q1 current account deficit (CAD) at 2.4% of GDP: RBI data

In value terms, the CAD was higher at $15.8 billion in April-June this year as against $15 billion in the same quarter of 2017-18

IL&FS board decides to seek a loan of Rs 30 billion from LIC and SBI

The fundraising was necessitated after recent defaults by IL&FS group firms to various institutions

FinMin shortlists Coal India, NTPC, dozen other CPSEs for share buyback

Share buybacks offer a route for companies to return some wealth to their shareholders, while potentially boosting their stock prices

Late southwest monsoon revival fuels hope of bumper kharif harvest

In oilseeds and pulses, the government is sitting on stock in excess of 5.5 million tonnes, which could also impact prices

Crisil Drip index: Six states rain-deficient, only two crops smarting

With the key rainfall months of July and August behind us, the rainfall situation and impact seems more stable now

RCEP countries open to easing investment rules, agree to ease ISDS clauses

In a bid to fast-track the deal, most nations have agreed to ease the investor-state-dispute settlement (ISDS) clauses

No crushing next season if Rs 100 bn debt isn't settled: UP sugar mills

Millers write to Yogi govt, cite precarious financial position due to massive arrears of previous crushing season

Debt-ridden Air India to raise Rs 5 billion via short-term borrowings

This is the second time in this fiscal year that Air India is borrowing for working capital

DDA clears land pooling policy, city to get 1.7 mn houses for 7.6 mn people

Delhi to get 1.7 mn houses that can accommodate 7.6 mn people under land pooling policy

India can save about Rs 1.2 tn worth of forex by switching to e-2 wheelers

India has a lot to gain by converting its internal combustion engine (ICE) vehicles to EVs at the earliest

Total govt liabilities rise to Rs 79.8 trillion in Q1: FinMin report

Public debt accounted for 89.3 per cent of total outstanding liabilities at end-June 2018 with internal debt accounting for 83.0 per cent share

India's e-commerce market to treble to $ 100 bn in the next 4 years: Report

E-tail and e-travel will continue to hold their sway with over 90 per cent share of e-commerce