Page 2615 - Economy & Policy News

Decline in coal imports by India's power plants points to distress

Higher coal prices and a weaker rupee forced them to cut generation

NITI Aayog wants states to adopt zero-budget natural farming

States can promote ZBNF under the two farm sector schemes - Paramparagat Krishi Vikas Yojana and Rashtriya Krishi Vikas Yojana

Private listed companies posted robust sales growth in Q4, says RBI

The companies posted sales of Rs 9.25 trillion in the last quarter of 2017-18 compared to Rs 8.41 trillion in the year-ago period

Keen to reignite long-term financing: Finance Minister Piyush Goyal

The minister said he had suggested the idea of a 25-year bond to a senior official of the largest bank over the weekend

Don't appoint bureaucrat as recruitment panel head: Farm scientists to Modi

In a letter to the PM, they say appointing a bureaucrat will lead to regular interference in the process of talent search

Icra pegs Rs 850 bn subsidy dependence for discoms amid low tariff hikes

The median tariff hike based on the tariff orders issued in the 21 states remained low at 2 per cent

Make in India has made us world's 2nd largest phone maker: PM Modi

He said Indian economy, the fastest growing major one in the world, as well as a vast expanding neo-middle class offer unlimited opportunities

CRISIL SME Tracker: With RERA, only disciplined builders stand a chance

Builders have become cautious and are taking up a handful projects for execution at any given point of time

46 GST law amendments likely; employers may get to claim input tax credit

Employers might be able to claim input tax credit on food, transport, and insurance

Singaporean delegates explore investment opportunities in Chhattisgarh

Singapore is currently on a mission to explore business opportunities in South Asia

Telecom ministry clears Idea-Vodafone merger with conditions: Govt sources

"DoT has cleared the Vodafone-Idea merger today. They will have to meet conditions for final approval," the source told PTI

India Inc to post 12.8% revenue growth in Q1; highest in three years

The estimates are based on an analysis of 350 companies excluding those in the banking, finance, insurance and oil sectors

SIDBI targetting MSME lending of Rs 1.40 trillion during current fiscal

This would be a growth of over 30% compared to total advances of Rs 1.09 trillion during 2017-18

No foreign flights at Tirupati, Vijaywada airports after international tag

Tirupati airport got international status in 2015 and Vijayawada in 2017 but overseas flight services haven't yet taken off from both locations

GST panel wants tax incentive of 2% on digital transactions to go

The panel of ministers also noted that the proposal on reverse charge mechanism will be put forth in the upcoming GST Council meeting on July 21

India reconsidering Rs 2 trn 5th generation fighter jet project with Russia

India and Russia had signed an inter-governmental agreement for the mega project in 2007, the project has been stuck for the last 11 years

Moon Jae-in arrives in India: Revised CEPA expected to be signed today

Moon's four-day tour from Sunday is focused on upgrading business ties to the level Korea has with China

PMFBY: Govt plans to impose financial penalties to push agri crop insurance

Almost 30% or a third of the agriculture ministry's budget, is spent on premium for the PMFBY every year

Mumbai-Pune Expressway contract to end August next year

According to IRB's website, the project cost involved in this concession agreement was Rs 13.01 bn

GST ministerial panel puts off two issues; Council to meet on July 21

The panel decided to omit the reverse charge mechanism (RCM) clause from the GST law