Page 2604 - Economy & Policy News

Renegotiated Gazprom LNG deal to save India up to Rs 95 billion: Pradhan

GAIL renegotiated the terms of the 20-year deal to import 2.5 million tonnes a year of LNG, including price and volume ramp up

Drought-like conditions? Rain deficit widens in east, North-East India

Rain deficiency in eastern and western Uttar Pradesh, Bihar, Jharkhand, Gangetic West Bengal, Assam and Meghalaya is 20-46 per cent less than normal as of July 17.

Realtors join fray in affordable housing segment, take the middle path

According to the Ministry of Housing and Urban Poverty Alleviation, affordable housing is defined on the basis of property size, price and buyers' income

Govt may junk FRDI Bill as bail-in clause makes depositors jittery: Report

The clause raised concerns among people who feared that they would have to lose their money deposited in banks in case of insolvency

Monsoon session of Parliament begins today; acrimony ahead? Your full brief

The monsoon session could prove to be a washout, with the Congress saying it will bring a no-confidence motion against the Modi government

Parliament set for stormy monsoon session as all agree to disagree

A joint letter from opposition's Lok Sabha MPs to Speaker Sumitra Mahajan was a proof of increasing trust deficit between the ruling BJP and Opposition parties

Apps should collect minimal data like UIDAI does for Aadhaar: Trai chief

Trai has noted that the existing framework of data protection of telecom consumers is 'not sufficient'

Lauded by telcos, Trai data ownership proposal riles internet, mobile firms

Trai said firms collecting user data don't have a right over it and emphasised that consumers' consent should be mandatory

COAI red-flags Trai's new draft rules on pesky calls and messages

COAI has reiterated its concerns to Trai through a letter dated July 13

Will stand-in FM Piyush Goyal's strong focus on the banking sector pay off?

In his zeal to restore the sector, revenue matters and economic affairs have taken the back seat; a lot now hinges on the success or failure of his pet project Sashakt

Monsoon session of Parliament: Last sitting before general elections?

Dark clouds of divisive politics hover over the Monsoon session of Parliament

Iran oil sanctions: India, US hold talks as Washington hints at exemptions

India and Iran also had extensive deliberations on ways to deal with the impact of US sanctions

After targeting over 200,000 shell firms, govt is trying to weed out LLPs

An LLP is a company in which partners are not always responsible for each other's actions

Green bond yields rising sharply in secondary market: All you need to know

Green bonds have a huge demand, but at a time of global uncertainties, investors are asking for an 'uncertainty premium' for lower rated and niche players.

India's first monorail in Mumbai goes off track, idle for past one year

Industry experts observe that though such advanced transit systems have great utility, Indian cities may not be ready for them

Cheap oil from Iran or Trump's good books? PM Modi finds himself in a fix

While ending purchases from Iran will cost India savings on shipping costs and the longest credit period offered by any of its suppliers, there are gains to be had from paring trade surplus with US

LIC likely to get management control of debt-ridden IDBI Bank

The bank's Board in its meeting considered letter from LIC expressing interest in acquiring 51 per cent controlling stake

Defence ministry plans standard price lists for public sector undertakings

The ministry has decided that, in the name of indigenisation, it is paying unreasonably more for such equipment

From HSCC to Central Electronics, strategic sale of 5 PSUs likely in FY19

The move comes after the government failed to find a single bidder for Air India, threatening to derail the Rs 800 billion disinvestment target for the current financial year.

Govt to pump Rs 113 bn into 5 PSBs to meet regulatory capital requirements

The capital infusion will be a part of the Rs 2.11-trillion recapitalisation plan for public sector banks announced by the government last year.