Page 2589 - Economy & Policy News

Government imposes safeguard duty on solar cell imports for two years

India is targeting to 100 gigawatt (GW) solar capacity by 2022

Press freedom protected under Srikrishna panel's data protection Bill

Journalists will be exempted from seeking the consent of individuals before collecting and reviewing their personal data to be used in a news report

Heavy rains end dry monsoon spell in Uttar Pradesh, boost Kharif sowing

At present, 37 of the state's 75 districts are still categorised as rain-deficient

Gujarat APMCs, textile markets return to normalcy after transport strike

The Rajkot APMC had seen a loss of Rs 400-500 mn and the Unjha APMC of Rs 800 mn during the recent transport strike

GST rate cut to weigh on India's fiscal consolidation efforts: Moody's

India's new lower GST rates on consumer goods ranging from footwear to washing machines took effect

Kitchen appliance makers take steps to pass on GST cuts to consumers

From talking to businesses to printing new price lists, companies take steps to pass on GST cuts to consumers

Govt not evaluated direct impact of Walmart-Flipkart deal on small traders

In its biggest takeover till date, Walmart Inc recently announced their acquisition of 77% stake in Bengaluru-based e-commerce major Flipkart in a deal valued at $20.8 billion

$98 billion: That's the worth of deals struck by Indian companies in 2018

Technology, media and telecom along with financial services will remain the most active sectors for inbound deal-making

Mark Mobius cautions RBI, says increasing rates now would be 'big mistake'

Most economists in a Bloomberg News survey expect the RBI to raise the report rate by 25 basis points on Aug 1

Odisha mulls onboarding water billers on BBPS to promote digital payments

National Payments Corporation of India has delivered a unified platform called BBPS, which aggregates multiple billers onto a single platform

Anti-profiteering authority asks inputs from Airtel, Indigo on GST benefits

The companies have been asked to submit the calculation within a fortnight, says a source

Implementing Srikrishna Panel will boost IT service sector: Mohandas Pai

All three big issues - data ownership and use, data privacy and data residency - have been addressed in the recommendations, says Pai

Logistics sector to see $500 bn annual investment by 2025: Prabhu

Prabhu said the ministry is developing a national logistics portal as a single window market place to link all stakeholders

India looking to compel e-commerce, social media cos to store data locally

The Indian e-commerce landscape is currently dominated by Flipkart that is in the process of being bought by US retail giant Walmart

Niti Aayog CEO says unequal growth holding India back. Here's what he means

India currently ranks 131 out of 188 countries on the HDI, lowest amongst BRICS nations in the most recent 2016 rankings

Govt considering single regulator for a better e-commerce sector: Report

The federal government has indicated it aims to remove the legal fragmentation governing the e-commerce sector, according to the Draft National Policy Framework on e-commerce

US to launch digital, energy, infra projects in Indo-Pacific; India to gain

The forum will introduce the economic and commercial elements of the US' whole-of-government Indo-Pacific strategy

Govt taking steps to ease crude import cost, focusing on biofuels: Pradhan

The Petroleum and Natural Gas Minister also said the government has notified the National Policy on Biofuels 2018

Recent GST rate cut is credit negative, revenue may take 0.08% hit: Moody's

GST rate cuts are credit negative because they will pressure the government's fiscal consolidation effort

Modi says India Inc exposure to agro sector just 1%, calls for huge jack up

PM says current level of investment is much lower than other economies and largely confined to tractor manufacturing and urea