Page 2634 - Economy & Policy News

Private investment plans in India's strategic oil reserves get Cabinet nod

The strategic petroleum reserves facilities at Chandikhol and Padur will be underground rock-caverns and will have capacities to the tune of 4 MT and 2.5 MT respectively

What exactly would be the kharif MSP of 2018-19 remains a big question

The provision of consultation with the states has further created confusion on MSP

Here's how kharif planting gets a monsoon booster across the country

In the case of paddy, the current bout of rain should push transplanting crops from nurseries in Jharkhand, Chhattisgarh, eastern Uttar Pradesh, and Bihar

Govt hikes ethanol price by Rs 3 per litre, move to boost sugar industry

For the first time announces procurement price for ethanol produced from sugarcane juice, b-grade molasses

Why investors, not banks may play crucial role in next financial crisis

Valued for their simplicity, exchange-traded funds pose worrying risks

No tree cutting in South Delhi for redevelopment projs: NBCC to contractors

Delhi Environment Minister Imran Hussain had yesterday directed the Forest Department to lodge FIR against those responsible for cutting trees in Netaji Nagar

Tightening of H-1B visa norms to pressure Indian IT firms, margins

Awarding of H-1B visas based on highest skill or compensation, will leave less headroom for Indian companies to get such visas

Social security cover extended to 500 million subscribers, says PM Modi

During the interaction, Modi summarised various initiatives of the government in taking care of the old and elderly

2 more strategic oil reserves of 6.5 MT capacity to come up: Piyush Goyal

A Petroleum Ministry release said the completed phase-I of the SPR programme has estimated supplies of around 10 days of India's crude requirement

Trai to penalise telcos for call drop violations in March quarter: Chief

The "financial disincentive" has already been levied for December 2017 quarter

Rs 20 bn GST evasion in 2 months, less than 100,000 paying 80% of tax

CBIC member John Joseph said alike small businesses who are making mistakes while filing GST returns, multinationals and big corporates too have slip-ups

Govt hikes ethanol price by Rs 2.85 per litre for season starting Dec 2018

A decision in this regard was taken in a Cabinet meeting headed by Prime Minister Narendra Modi

India opposes CPEC as it encroaches on territorial integrity, says official

The comments from the official came after AIIB president Jin Liqun on Tuesday made a mention about China's Belt and Road Initiative in the presence of Prime Minister Narendra Modi

RBI might think otherwise, but Indian banks may see NPAs mount to 20% soon

Putting too much faith in the RBI's stress test could end up misleading investors

New maternity law may cost 1.8 million Indian women their jobs: Report

McKinsey estimates more than $700 billion could be added to the country's gross domestic product by 2025 if more women were in jobs

GSTN software developed by Infosys to be audited by third party: Official

Currently, over 11.1 million businesses are registered under the GST regime

Ahead of 2+2 meet, Trump accuses India of levying 100% tariff on US imports

India and the US will hold their first 2+2 dialogue on July 6

With termination of export subsidies, is India overstaying its US welcome?

The US over last eight years made two allegations, one of them being India cannot provide export subsidies because it is no longer a low-income developing country.

Employee contracts: Technology companies get notices for GST payment

The grey area over taxability in such cases continue in the GST regime as in the service tax regime

Govt notices to firms for 'wrongly' claiming transitional credit under GST

BR Agro, Star Ind, Ritz Polymers, Gravita Metals, Chenab Textiles and Bharat Udyog have received notices