Page 2645 - Economy & Policy News

Agri budget doubled to Rs 2.12 trn for doubling farm income by 2022: Modi

PM Modi said that the budget for 2018-19 financial year has taken steps to provide farmers a price equivalent to 150% of their cost of production

West Bengal CM declares additional 18% dearness allowance for govt workers

This will be effective from next January

CAD at 2.5% of GDP not a worry, govt geared to deal with outflows: FinMin

With rising oil prices, depreciating rupee and outflow of portfolio investments, there are concerns that CAD might rise in the current fiscal

Frustrated by long train delays? Railways has a plan to cheer you up

The Railways will provide free meals and refreshments to the passengers travelling on reserved tickets if the train gets delayed on Sunday

Tariffs, policy ambiguities blocking India's road to green future

Tariffs and ambiguities in policy could slow the country's progress as it races to reach its 2022 renewable energy target earlier than previously thought

PSBs to focus on credit needs of 'genuine' companies, says Piyush Goyal

PSBs promise to boost credit; 4,500 companies to be assessed; banks to work on two-stage process

Urban power reforms: Slow tenders, unequipped contractors hinder IPDS

In the concluding part of Power Reforms series, Business Standard throws light on the real issues delaying its physical progress and overall development of economy of India's 3,630 small towns

Solar Industries India partners Eurenco for major artillery tender

The two firms will bid jointly for a forthcoming multi-billion dollar Indian tender to manufacture artillery propellants

Just around 25% of India's workforce is female, says McKinsey report

The report suggests India in the longer term needs to create far more jobs in the formal organised sector -- 97 per cent of all female worker activity is in the informal sector

Job-spinner Ayushman Bharat may create employment for 100,000: Indu Bhushan

The Indian Medical Association has criticised the scheme over the use of funds allocated to it and the reimbursement rates

Kharif sowing down by 75% in Gujarat due to chronic water shortage

As against an overall Kharif sowing in an area of 871,700 hectares till June 19 last year, this year the same period has seen an overall sowing in 225,231 hectares

AAR ruling fuels fears of double GST on goods imported on CIF basis

The AAR, Uttarakhand, has ruled that the importer will have to pay the integrated GST (IGST) on CIF value and also on the ocean freight component.

Railways to procure 100,000 wagons for Rs 200-250 billion in 5 yrs

With 100% electrification, poised to become a net zero carbon emitter by 2030

Govt sets up CM's group to coordinate policy for farm sector, MGNREGS

CMs of Andhra Pradesh, Bihar, Gujarat, Uttar Pradesh, West Bengal and Sikkim along with NITI Aayog member Ramesh Chand are members of the subgroup with MP CM Shivraj Singh Chauhan as convenor

Govt open to give more power to RBI to tackle PNB-type frauds: Piyush Goyal

"If there are any more additional powers required, government is open to that," he said.

Renewable Energy ministry sets 30 Gw offshore wind energy target by 2030

MNRE recently invited Expressions of Interest (EoI) for the first 1 Gw offshore wind project in India, which has evoked a keen response from the industry, both global and Indian

Airlines on budget drive as rising fuel price, falling rupee start to pinch

No-frills airlines like IndiGo and SpiceJet, too, have clamped down on salary raise for employees, citing high fuel cost

Chhattisgarh aims to raise foodgrain output by 39% to 10.5 MT in 2018-19

Rice production target set at 9.5 MT, about 8.5% of national output

Govt puts off debt-laden Air India stake sale for now; to fund operations

The government is looking at turning around the company to ensure that it makes profits on an overall basis

India-China border dispute causing an ecological holocaust in Himalayas

China and India's geopolitical resources rush threatens the safety of this entire Brahmaputra River system