Page 2592 - Economy & Policy News

Govt to unveil new policy to make India defence manufacturing hub in 10 yrs

The draft policy says the licensing process for defence industries will be liberalised and the list of items requiring licences will be reviewed and pruned

Sub-standard products? New rules to fix onus on e-commerce platforms

All platforms must have a clear policy, prominently displayed, on delivery, return, exchange and refund

Data protection Bill: Adjudicating officer to decide compensation amount

To recover the miniscule amount, the telecom consumers may have to spend much more in taking legal recourse

Trai chief R S Sharma's details not leaked from Aadhaar servers: UIDAI

It said that factually anyone can google or visit other sources and find out Sharma's personal details without Aadhaar

RBI monetary policy: No urgency for back-to-back rate hikes, says expert

The fear of an adverse base effect driven rise in June CPI turned out to be pretty much a false alarm

PSUs start aggressive campaigns to publicise Modi govt's flagship schemes

Indian Oil Corporation (IOC) has issued a Rs 2.93 billion tender for outdoor publicity for Pradhan Mantri Ujjwala Yojana

Capital expenditure by states set to cross Rs 5 trillion in 2018-19

Over the period, states have ramped up spending on the social sector, which has risen from 6.7 per cent of GDP in 2014-15 to 8 per cent in 2018-19

Forex reserves falling below $400 billion not a worry, say experts

As dollar money flew into local equities and debt, the RBI kept buying the flows, so that the rupee did not strengthen too much

Government sets up panel to address stressed thermal power assets issues

The panel will have representatives from the ministries of railways, finance, power, coal and the lenders having major exposure to the power sector

Needed decisions by GST Council

The Council is moving towards a three-tier structure of five, 12 and 18 per cent, though it could be a while before all items come into these slabs

MNCs cite vague reasons for not passing on GST rate cut benefits

To ensure that the prices are reduced, the anti-profiteering authority was set up in November last year

Statsguru: Stock markets attain new peaks; Bajaj Finance, TCS, Infosys gain

The Nifty is now up 8 per cent since the beginning of the year

PM Modi launches 81 investment projects worth over Rs 600 billion for UP

UP Minister for Industries Satish Mahana has said these projects have the potential of creating over 200,000 new jobs

Delhi, Mumbai and other major cities to soon get their own missile shields

It is for the first time, the US is selling the drones to a country which is not a member of the NATO

Uttar Pradesh on track to become trillion dollar economy: PM Modi

'I believe that UP would not take much time to achieve the challenge and become a trillion dollar economy,' Modi noted

PM Modi wants India Inc to jack up investment in agricultural sector

Corporate investment in domestic agro sector merely at 1%

SBI, PNB, BoB may introduce performance-linked pay for senior management

The banks would need approval from the government for such a move

After pulling out funds in June, FPIs net inflow at Rs 18 bn in July so far

The latest inflow comes after such investors had taken out more than Rs 200 billion from the stock market during April-June

CBDT tells I-T dept to file all petitions before NCLT on shell firms by Aug

The CBDT took action as it was concerned over crores of rupees of its "legitimate" taxes being stuck

Centre plans to auction 12 mineral blocks in August, September

The NIT (notice inviting tender) for the limestone block was out in April