Page 2579 - Economy & Policy News

Rs 110 bn cane arrears: UP sugar mills knock at Yogi's door for bailout

Renew demand for Rs 40/quintal incentive relating to previous crushing season, when mills had paid highest cane price of Rs 315/quintal under SAP mechanism

NHAI signs pact with SBI for largest unsecured loan at lowest interest

The Rs 250 bn long-term loan is also the largest sanctioned by SBI at one stroke to any entity

Services sector grows fastest since October 2016 to 54.2 in July: PMI

Price pressures, among other factors, to keep central bank on toes

Haryana to implement 7th Pay Commission in colleges: The revised salaries

The move will put an additional burden of Rs 2.3 billion annually on the state exchequer

Chhattisgarh includes third gender in its ambitious free mobile scheme

Under the scheme, the state government aims to distribute 5 million smartphones for free

India should aim for 'net zero imports' of telecom equipment by 2022: Trai

Trai has also favoured creation of a Telecom Research and Development Fund with initial corpus of Rs 10 billion

Swachh Bharat Mission-Gramin to help avert over 300,000 deaths by '19: WHO

The study, which was released at the 'Dissemination Workshop', found evidence of improvement in drinking water supply, sanitation services and personal hygiene

State drug controllers get power to issue NOCs for drugs meant for export

To promote ease of doing business, the DCGI has discontinued the earlier practice of such NoCs being granted by the Central Drugs Standard Control Organisation

CCI seeks DIPP views on discount norms for e-commerce marketplace with FDI

As per the current guidelines, domestic e-commerce marketplace platforms having FDI can not directly or indirectly influence the prices

CBI examining govt reference to probe Cambridge Analytica data scandal

The move comes after Minister Ravi Shankar Prasad recently informed Parliament that the government had referred the scandal to the CBI

Passengers will have to pay for Railways' losses if this proposal is okayed

The panel has also asked the railways to make a segregated assessment of the actual revenue benefits accrued through the introduction of the flexi-fare system

Forex reserves dip by $950.9 mn on fall of foreign currency assets

Foreign exchange reserves declined by $950.9 million to $404.192 billion in July

GST Council may replace 12% and 18% slabs with 14-15% one: Sushil Modi

At present, around 49 countries use a single GST rate, 28 use two rates and four countries, including India, have more

How can India power more than a billion air conditioners by 2050?

The IEA projects that by 2050, there could be more than a billion air conditioners in India

Constitution grants immunity to port, airport projects from green nod: Govt

The remarks come at a time when projects worth more than Rs 250 billion are lying stuck at India's 12 major ports in want of green clearances

Spot power price up 39% to Rs 3.46 per unit in July; peak demand declines

Good monsoon rains dampened the power demand as well as prices in July this year vis--vis the preceding month

Govt to take action against 225,000 cos for not filing financial statements

Section 248 of the Companies Act -- which is implemented by the corporate affairs ministry -- provides powers to strike off names of companies

Tech Mahindra inks MoU with Telangana for India's first Blockchain district

Tech Mahindra as a founding member of the blockchain district will provide the platform and technology assistance to all the incubators in it

PM reviews infra sectors, calls for faster progress in e-toll collection

The average road length constructed per day in FY18 was 26.93 km, compared to 11.67 km in FY14

India looking to set up LNG import terminal in Myanmar: Dharmendra Pradhan

The terminal will be in addition to the similar facilities planned by Indian firms in Bangladesh and Sri Lanka as part of larger plan of energy connectivity in the South Asian neighbourhood