Page 2698 - Economy & Policy News

Schedule lags in 107 highway projects; legacy issues for majority

Implementation capability of some aggressive bidders a possible factor

New set-top boxes may soon carry chips to track channels

A senior official of the ministry said the move is aimed to get "more authentic" viewership figures for every channel

PM Modi may launch second phase of Digital India programme on June 15

The programme was launched by Modi in 2015 with an aim to make all government services available to citizens electronically

Intra-state e-way bill rolled out in five states from Sunday

From midnight till 5 pm on Sunday, about 0.24 million e-way bill (both inter state and intra-state) was generated on the portal, an official said

To participate in stake sale process, IFC may underwrite Air India debt

Rs 333-bn debt on Air India's books has upset many potential bidders

Statsguru: Holding a fine balance between 11th and 14th Finance Commission

The Commission had recommended that states' share in divisible tax pool be raised to 42% between 2015 and 2020

Govt identifying infrastructure assets to be monetised through InvIT route

Plan to monetise state-owned assets through InvITs was announced by FM Arun Jaitley in his 2018-19 budget speech

Essar sees recoverable shale gas prospects in West Bengal's Raniganj block

This comes at a time when Union Cabinet relaxed rules for Coal India to extract natural gas below coal seams in its blocks

NITI Aayog VC says India will not take sides in US-China trade spat

'India has always taken independent position on trade issues,' Rajiv Kumar

India to work with China against OPEC's 'Asian Premium': Pradhan

Asian Premium is the extra charge being collected by OPEC countries from Asian countries when selling oil, and India has been voicing its dissent against this practice

Amid signs of global protectionism, Modi goes to Nordic free-trade bastion

None of the Nordic countries count India among their top 20 trade partners

India can play major role in shaping global 4th industrial revolution: WEF

The WEF has already partnered with the Indian government to set up the Centre for the Fourth Industrial Revolution India in Mumbai

DoT awaits FDI clearance for Idea to approve merger with Vodafone: Sources

FDI clearance in telecom sector also requires approval from the Home Ministry which should be granted within six weeks

Make exports competitive to achieve 8% growth: ADB economist to India

He also said that as Chinese exports are becoming expensive because of rising wages, India can reap benefits by improving competitiveness

Govt to auction 19 coal mines in June quarter, says coal secretary

Of the 19 blocks to go under the hammer, 6 have been identified for the steel sector while the remaining 13 mines are for non-regulated sectors

No disagreement with FinMin on 8.55% interest on EPF, says Labour Minister

After providing 8.55 per cent interest for 2017-18, the EPFO would have a surplus of Rs 5.86 billion

Govt eyes $3 bn by monetising 25 national highways' stretches in 3 tranches

Road Transport and Highways Minister Nitin Gadkari had said earlier that government will monetise 105 highway projects in phases that could fetch about Rs 1.5 trillion

WEF to hold India Economic Summit once every two years; no meet in 2018

The Geneva-headquartered body had organised its 33rd India Economic Summit in New Delhi in October last year

Govt raises Nabard's authorised capital to Rs 300 bn to aid rural economy

The increase in authorised capital will enable Nabard to respond to commitments it has undertaken, particularly in respect of the Long Term Irrigation Fund and on-lending to cooperative banks

UAE-based BLF group seeks investment of Rs 100 bn in Andhra Pradesh

The MoUs were signed last week in Hyderabad in the presence of Andhra Pradesh Chief Minister N Chandrababu Naidu, who has secured investments of over $12.52 billion