Page 2549 - Economy & Policy News

UP allocates Rs 65 bn in Supplementary Budget to settle sugar mill arrears

The domestic sugar market has been hit by market glut and total outstanding of about Rs 150 bn, of which UP mills account for the highest share at over Rs 104 bn

Govt planning special policy for use of biofuel in aviation sector: Gadkari

The road transport minister said that the use of biofuel would help in reducing oil import bill

In run-up to 2019 polls, UP govt tables Supplementary Budget of Rs 348 bn

The Supplementary Budget includes Rs 68 bn to be contributed by the Centre as its share for central schemes

NAA starts consumer helpline to register GST profiteering complaints

Consumers can file a profiteering complaint on the NAA website along with pre and post GST rate cut MRP of the goods or services purchased

India can seek extradition of Mehul Choksi without Red Corner Notice: CBI

Choksi has appealed to the Interpol to not issue an RCN against him as the charges are politically motivated, officials said

$52 billion of India loans under scrutiny on RBI's bankruptcy deadline

India has one of the worst bad-loan ratios among the world's 10 largest economies

Miners body urge SC to allow export of iron-ore pellets from Karnataka

If SC decides to allow export of pellets, stated-owned KIOCL Limited would be a major beneficiary

India-Pakistan to hold talks on water storage, hydro projects this week

Pakistan has been raising reservations over the designs of the two projects and would like India to either modify it to make them compliant to 1960 Indus Waters Treaty

Can India transit from billionaire raj and escape a crony populist trap?

India's real risk is not that crony populism would fail, but that it would succeed, consolidating a path that is fundamentally a trap, both in terms of social inequalities and long-term growth

After stations, Indian Railways to rank top 200 trains on cleanliness

Apart from the passenger feedback, audit team will also look into cleanliness conditions of the entire train, including toilets

ICICI Prudential MF sells I-Sec shares and starts paying back investors

Matter had come under the scanner of the markets regulator, Sebi

Stressed power assets: 180-day deadline breach not end of road, say bankers

There are about 34 stressed power projects and the combined value of their outstanding loans is about Rs 1.74 trillion

US-China trade war: India sees an opportunity to cash in on trade gap

A study has revealed that there are about 100 items that India could supply to China since US goods are vacating the space

Modi govt set to roll out 'Sabki Yojana, Sabka Vikas' campaign on October 2

'Sabki Yojana, Sabka Vikas' will involve people at the grassroots while preparing structured gram panchayat development plans

RBI to rewire cash handling system, starts exploratory talks with banks

The paradigm sought to be crafted will get rid of the wastage in costs and manpower; and add to the velocity of money - fresh and clean notes will always remain in circulation

GST Council yet to receive formal cess proposal from flood-hit Kerala

Thomas Isaac, the state's finance minister, had said he would be doing so, with a request for permission to levy one on the State GST

Statsguru: Households with smaller landholdings earn more from wage labour

On indebtedness, the survey data shows that more than half of agricultural households were indebted with bulk of the credit flowing from non-institutional sources

OMCs, fuel dealers battle it out over sharing of personal data of staff

Consortium of Indian Petroleum Dealers (CIPD) said the oil companies have threatened to choke supply, if they are not ready to provide sensitive data of their employees

NDA vs UPA: Jaitley cites IMF report to highlight Modi govt's performance

Urging people to read the reports, he said the system has been substantially cleaned up and made more transparent

Five years of Companies Act, 2013: Step-up in compliances irks India Inc

So what have been the five years of the new company law regime like?