Page 2626 - Economy & Policy News

After a long lull, Maharashtra tries to catch up on infra development

With Rs 1.6 trillion worth of projects underway, industry experts say finance will be a key challenge

Making ethanol under new method could solve India's sugar surplus problem

Experts said that making ethanol from B-heavy molasses and cane juice would allow the possibility of a reduction in sugar surpluses, thus indirectly supporting sugar prices

India has a grand maritime strategy, but the naval tools are missing

With the navy's annual budget steadily declining, security planners are reluctant to green light crucial projects

Subsidised LPG gets costlier, hiked by Rs 2.71 per cylinder

Subsidised LPG with effect from midnight tonight will cost Rs 493.55 in Delhi

New project announcements shrink 33% to Rs 2.8 trn in Q4 of FY18

Value of revived projects, too, was tepid at Rs 0.2 trillion in Q4 of FY18, down from Rs 0.9 trillion in the corresponding period of FY17

Bihar Deputy CM rules out suggestions to bring fuel prices under GST

Modi did assure India Inc. that GST Council could positively consider bringing in natural gas and ATF within the purview of GST for which he did not prescribe a definite timeframe

India to auction 40 Gw of renewable energy every year till 2028: Official

The government's power projection indicates that India will have to bid out 140 Gw of wind energy to meet demand by 2030

Modi govt to celebrate July 1 as 'GST Day' to mark one year of tax reform

GST was rolled out in the intervening night of June 30 and July 1, last year, in a ceremony held in the Central Hall of Parliament

After initial hiccups, SMEs settling down as GST completes one year

After almost a year of implementation of GST, a number of small businesses, which were not quite used to paying taxes earlier, are now covered under the ambit of GST

Paswan asks states to keep close tabs on prices of perishable commodities

As many as 15 state food ministers participated in the meeting, besides senior officials from states and the Centre

India's external debt went up 12.4% to $529.7 billion in March

The external debt level, however, suffered from valuation loss after the US dollar depreciated against major currencies that time

Fiscal deficit hits 55% of full-year target on the back of higher capex

The fiscal deficit target for 2018-19 is Rs 6.24 trillion, or 3.3 per cent of the gross domestic product (GDP)

Kharif crop minimum support prices to be in place next week

This price will not only be higher than the FRP of the 2017-18 season, but will also incentivise those farmers whose recovery from sugarcane will be higher than 9.5 per cent

Shadow of polls may overshadow political consensus in GST Council meetings

Shadow of elections may overshadow political consensus in GST Council meetings

Raising minimum support price may pose inflation challenge for govt

The ruling party, though, is all set to cash in on the MSP announcement clubbed with the other pro-farmer measures of the government

Monsoon covers whole country 17 days in advance, boost to kharif sowing

Pick-up in rains should aid kharif sowing, which till June 29 was 22% lower than last year due to break in showers in most of central, northern and eastern India

GSTN portal to be shut on July 1 for disaster recovery drill

In a mail to taxpayers, the authorities have said it is planning a disaster recovery drill and so services will not be available for 12 hours, between 9am and 9pm, on July 1

India's external debt rises $58.4 bn to $529.7 bn on commercial borrowings

Share of commercial borrowings continued to be the largest component of external debt with a share of 38.2%

No more bad loans, steel sector crisis is over: Minister Birender Singh

Is satisfied with resolution process under IBC, says govt plans to revive Visvesvaraya Iron & Steel, take on business development for KIOCL

Centre to announce kharif MSP next week, new sugarcane FRP soon

Modi assures cane farmers dues will be cleared