Page 2535 - Economy & Policy News

Signing COMCASA is landmark step in Indo-US relationship: Partnership forum

In a statement, the USISPF also congratulated Prime Minister Narendra Modi for his commitment to the relationship

Govt mulls sale of Air India subsidiary AIATSL to raise funds, cut debt

The Expression of Interest (EoI) for bidders would be floated soon after the GoM clears the EoI, according to official sources

Irdai head rues low insurance reach, hints at sandbox for untested products

Subhash Khuntia says will allow testing of new products in limited geography or on limited set of policyholders, warns climate change, the ageing population will be biggest challenge for insurers

My vision for the future of mobility in India is based on 7 Cs: PM Modi

Speaking at the Global Mobility Summit 'MOVE', he said clean mobility powered by clean energy is the most powerful weapon to fight climate change

Weak rupee could cost India $9.5 billion more to repay foreign debt

India's short-term debt obligations, which included non-resident deposits as well as overseas commercial borrowings by companies, totaled $217.6 billion in 2017

IRCTC not a catchy name, we're looking for a new one, says Piyush Goyal

The minister said that even he finds it difficult to remember it sometimes and would be better to have a name that is easy to remember while browsing the internet

Isro working on smaller satellite launch vehicles with up to 700 kg payload

The ISRO will need 50-60 such vehicles every year and the prime focus of the space research agency would be on the Gaganyan

Muted response to UBI's employee-share purchase scheme; Rs 320 mn raised

A part of the officers' union and workman union abstained from the issue

How rupee has been held hostage to a 70% surge in India's crude oil bill

Rising oil prices will probably see India's current-account deficit widen to 2.6% of gross domestic product this financial year

Sebi sends team abroad to study cryptocurrencies, initial coin offering

Sebi has organised study tours to Japan's Financial Services Agency; the UK's Financial Conduct Authority, and Swiss Financial Market Supervisory Authority

New cash management for ATM norms to cost Rs 120 billion in five years

Currency in circulation needs to be increased due to shift to cassette swap method

Kharif output may be lower due to erratic distribution of rainfall: NCML

Over 20% of the country's districts have faced floods

CDSCO to get a new name; govt invites suggestions from stakeholders

The government has requested all stakeholders to send in their suggestions and comments on the new name and design of the new logo

Mills to buy sugarcane worth Rs 1 trn next yr; may lead to payment crisis

Sugar production of India is estimated to rise to 35.5 million tonnes in the next 2018-19 marketing year

Essel Finance to scale up lending, finance biz after LKP acquisition

LKP Finance is an RBI registered non-banking finance company (NBFC) and is listed on the Bombay Stock Exchange

GST impact on jobs: Hundreds of thousands laid off despite growth

Here's how complexities of the new regime have driven many small enterprises out of business

India, US must grow bilateral trade to $500-600 bn, says Suresh Prabhu

Prabhu said the target must be met within a stipulated time period

Digital unreserved rail tickets grow 35,000% in 3 years , says Piyush Goyal

He said a rapid scale-up of technology was what the country expected and that's where the help of the private sector could be taken

Temasek becomes seventh investor in NIIF Master Fund, parks Rs 27.5 bn

NIIF hopes to raise Rs 400 bn across its three funds in the near term namely, Master Fund, Fund of Funds and Strategic Investment Fund

PM Modi to interact with over 30 CEOs on second phase of FAME schem

Modi will also deliberate on steps to promote electric vehicles and shared mobility