Page 2551 - Economy & Policy News

Karnataka cabinet gives nod to waive-off Rs 301-bn loan of 2.3-mn farmers

Those pressurising farmers for repayment will have to pay a penalty upto Rs 100,000 and face a one-year jail term, said Karnataka CM

Nearly 12 mn jobs created in 10 months till June, shows CSO report

The CSO said the report gives different perspectives on the levels of employment in the formal sector and does not measure employment at a holistic level

REITs to be reality soon; offer returns of 7-8% with minimum risk: Report

REITs are good news for those investors who have a small appetite

Railways to replace AC II-tier coaches in premium trains with AC-III

If such a replacement is done, for example, in the 50 Rajdhani trains, it will create around 14,400 additional berths for AC-III passengers

Rupee has not depreciated to a worrying level, govt should watch CAD: Rajan

Rajan says, this is a time where countries should be focusing on getting the macro stability in order

Rupee makes strong comeback, rises 20 paise to 69.91 versus dollar

Excess volatility and movements in the dollar had a major impact on the rupee

Coal supply to power sector up by 21 MT during April-August period: Govt

NTPC recently issued two tenders to import 2.5 MT of coal citing constraint in domestic coal supply

Hockey World Cup: Odisha govt in talks with OYO Rooms

The state has also planned packages for about 500 tourists during the World Cup

Shamuka tourism project: Odisha plans infra to boost investor interest

Despite the appeal of the project site, investor interest fizzled out as the site chosen lacked the basic infrastructure

India's coal projects in pipeline shrink by 25% in six months: Report

As per the country's National Electricity Plan of 2018, 94,000 Mw of new coal-fired capacity was to be added between 2017-18 and 2026-27

High borrowing costs, weak rupee likely to impact corporate India: Report

While the borrowing costs for companies are rising given the increase in bank lending rates, a weak rupee has also added to the borrowing woes of corporates

Yogi govt promotes pvt solar parks; assures full power purchase by state

Yogi government is targetting a total investment of Rs 500 billion in the solar power space in the next 5 years and is eyeing solar energy generation of 10,700 Mw by 2022 in UP

Sudden depreciation of rupee not good as it adds volatility in market: SBI

Group economic advisor of the SBI, Soumya Kanti Ghosh said rupee had experienced an orderly depreciation as it moved from Rs 64 to a dollar to Rs 70 over a span of five to six months

Face recognition must for new mobile SIM registration from Sept 15: UIDAI

From September 15, the new feature will be used for issuance of new SIM cards, but the plan is to gradually extend this to other services as well that use Aadhaar

Flood that became a lore: Kerala evokes memories of massive losses in 1924

The destruction of Kerala's biodiversity had played a role in 1924 as well

Drug recalls in the US add to Indian pharmaceutical companies' woes

The reasons behind recall could vary from contamination (cross-batch, air-borne, dosage mix up, container, impurities) to wrong labelling, discolouration of tablets, non-standard quality

Arun Jaitley takes charge as FM after a three-month break due to surgery

Piyush Goyal, who was the caretaker Finance Minister in Jaitley's absence, will continue as Railways and Coal Minister

Foreign investors, Indian retailers to join hands against e-commerce draft

Commerce ministry may soon restart discussions with all stakeholders before finalising policy

Yogi govt gives 'khandsari' plants a push ahead of challenging sugar season

Targets licensing 50 new khandsari plants before 2018-19 crushing season

After lack of orders, govt extends sugar export quota date to December-end

The latest notification from the ministry of food also said the actual export might be completed in the coming sugar season