Page 2621 - Economy & Policy News

Indian aluminium exports jump 36% in 2017-18 on high global demand

India's production of primary aluminium grew 21% year-on-year (y-o-y) in the last financial year

PM Narendra Modi holds meeting on new agri-procurement models to ensure MSP

The government wants to finalise these schemes and announce them before the harvesting of kharif crops

How a sharp hike in MSP may hurt export worthiness of Indian farm goods

Indian cotton and paddy could see their competitiveness in international markets take a hit

Energy ministers' meet: Hydro power revival back on discussion table

Union Power Minister R K Singh acknowledges acute coal shortage, allows import by states

MCA plans to frame tougher regulations for independent directors

Meanwhile, the Centre is working on final rules for the National Financial Reporting Authority (NFRA) to regulate auditors

Ethanol hike: Decontrol of molasses by UP holds key for optimum benefit

In the current season 2017-18, the total production of molasses stood at over 5.32 million tonnes

Gadkari rules out exemption from toll collection at national highways

Expressing concern over the rising instances of road accidents, he said his ministry is working towards ensuring safe travel on the highways

Piyush Goyal announces safety audit of 445 bridges after Andheri incident

This comes after Gokhale Bridge, which connects Andheri East and Andheri West, collapsed in Mumbai's Andheri station on Tuesday

SAARC Development Fund forays into infra financing with AIIB support

Centre studying proposal to turn SDF into a regional development bank in 2 years

Ban on plastic: The devil is not in the use, but in the lack of recycling

As more states move to ban plastic, FMCG companies and environmentalists see the value in repurposing and reusing plastic

GDP, retail inflation base years to be changed to 2017-18 and 2018

The last base year for GDP, IIP and consumer price index was revised to 2011-12 and 2012 (for inflation)

SAARC Development Fund looking to team up with financing majors

Two-day meet in New Delhi to focus on consortium lending with multilateral development banks like AIIB, NDB

SAARC Development Fund plans to tap markets; become regional bank

The two-day conference was organised with a view to rope in top institutions like the World Bank, Asian Development Bank and the Asian Infrastructure Investment Bank

Odisha to seek corporate CSR funding for 'Aahaar' scheme

Under this programme, the beneficiaries pay Rs five for each cooked meal, while the implementing partners pay Rs 15

Railways to have disposal towels in AC class; no reuse to help save costs

The instructions say towels will have a minimum 50% of cotton and be of 'spunlace non-woven material, with a size of 40 cm x 30 cm

New telecom policy: Telecom Commission to meet on July 11 for discussions

The department released the draft of the proposed telecom policy, branded as National Digital Communications Policy 2018

UP eyeing Rs 500 billion investment in defence manufacturing sector

Yogi cabinet clears UP Aerospace and Defence Manufacturing Policy 2018

GST trails annual tax target; Budget deficit could top 3.5% if trend holds

India needs the revenue to keep its budget deficit in check as Modi prepares to ramp up spending on welfare programs from health to farming before general elections next year

Higher customs duty: Overall imports decline, but many items buck the trend

The government's justification for raising the import tariffs from February 2 was to provide protection to the local industry among others

Lack of response stopped Air India sale, says PM Narendra Modi

We don't want to make a sale where we will be accused of selling something for X amount when we could have got more, the PM added