Page 2568 - Economy & Policy News

No GST on petrol, diesel in near future as Centre, states fear revenue loss

GST has been spoken of as a panacea for high fuel prices but there seems to be no consensus on bringing petro-products under the new regime in immediate future

Rising trade deficit bigger cause for concern than a falling rupee: NITI

The country is obsessed with fiscal gap number and this obsession must end, says Rajiv Kumar

MCA probes Jet Airways on suspicion of siphoning funds: Sources

Airline tells exchanges it hasn't received any communication from the ministry

Govt unveils draft scheme to extend UDAN programme to international routes

The draft International Air Connectivity scheme envisages to increase the international ticketing to 200 million by 2027

With eye on 2019 polls, UP govt may seek Rs 400 bn in supplementary budget

In the current election year, the additional grants would be used for flagship development and infrastructure projects

Likes, dislikes of leadership determine policy-making in India: Niti VC

Rajiv Kumar said while participating in a panel discussion at a book launch function

Risk of cyber attacks will grow as firms go digital, say experts

The banking and financial services industry has taken the lead, both globally and domestically, in improving its data security

DoT pushes for upgrade to block internet services to maintain law and order

The DoT has also written to telcos asking for ways in which social media applications can be blocked to maintain law and order

Trai to meet telcos soon on concerns over pesky call rules: R S Sharma

Trai plans to sit with the operators and talk about their difficulties and perceived problem areas

Govt ban on shipping live goats for exports will hurt farmers; here's why

The export of live goats to UAE which typically peaks during Eid-Al-Adha will be the first casualty of the recent ban by the Union shipping ministry

I-T department issues 19.6 mn new PAN cards in Jan-Mar 2018 quarter

The income tax data revealed that there was about 359 million PAN allotted by end December 2017

Centre extends last date for filing July's GSTR-3B returns till Aug 24

GST collections rose to Rs 964.83 billion in July from Rs 956 billion mopped up in the previous month

Kerala floods: Insurance firms expect claims of more than Rs 10 bn

Analysts say insurance companies will bear around 5 per cent of the total economic loss

Govt, judiciary too responsible for India's NPA crisis: SBI's Rajnish Kumar

Commenting on the Insolvency and Bankruptcy Code and the Reserve Bank of India's February 12 circular on speedier recovery of bad loans, Rajnish Kumar said these two rules were game-changers.

India needs to focus more on revenue deficit than fiscal gap: NITI Aayog

The government spending over the last four years has been a growth driver but the negative perception hasn't receded, says NITI Aayog Vice Chairman Rajiv Kumar

Online retail: Address high user dropouts or face $50 bn opportunity cost

Only 40% of 390 million internet users transact online, highlights a report

India's GDP brawl could hurt Modi politically and prevent a rupee reset

Slapping a note on a published report saying figures aren't final and should "not be quoted anywhere" - after they've been quoted everywhere - only helped highlight the government's embarrassment

Build an innovation corridor to strengthen Singapore-India ties: Minister

We can explore more ways to connect businesses, perhaps through online and new data-driven platforms, Singapore's FM added

Govt's amendments must to boost credit bureaus, says NS Vishwanathan

Vishwanathan said formalisation of Medium, Small and Micro enterprises (MSMEs) is important for financial stability of the system

SBI charges for non-maintenance of minimum balance unfair: Report

According to financial ministry data, the SBI collected Rs 24.34 billion for the financial year 2017 in penalty on non-maintenance of minimum balance alone