Page 2700 - Economy & Policy News

Govt to launch this fiscal's first tranche of gold bond on Apr 16

The annual ceiling will include bonds subscribed under different tranches during initial issuance by the government and those purchase from the secondary market

DefExpo 2018: Indian and Russian firms sign 7 deals for defence hardware

Russian Company JSC AGAT signed agreements for after-sale support and modernisation of the Fregat radar, installed on Indian naval ships

PM Modi to roll out Ayushman Bharat from Chhattisgarh's Bijapur on Saturday

Modi in January this year had said that he will personally visit the aspirational district, which will show the most noteworthy performance on identified parameters

Exports fall for first time in five months in March as trade deficit widens

Imports rose 7.2% on year to $42.8 billion in March

PM taking steps to increase healthcare share in GDP to 2.5%: Rajnath Singh

Highlighting the challenges in terms of number of doctors and nurses, and infrastructural needs, Singh said, the government wanted to "encourage investment in this field"

APTEL upholds low prices of Renewable Energy Certificates

The CERC order last year had set the floor price of Solar REC to Rs 1/unit and forbearance price to Rs 2.5/unit

March trade deficit widens to $13.69 bn; exports dip marginally to $29 bn

Imports rose 7.15% to $42.8 billion; trade deficit during FY18 stood at $156.83 bn

New terms of fund devolution skewed in Centre's favour: Odisha CM

Patnaik, in a letter to Prime Minister Narendra Modi, said the new terms might have an adverse impact on horizontal devolution for Odisha as well as vertical devolution for states

Inputs on 'langar' food in gurudwara should get GST exemption: Nitish Kumar

The Centre has exempted food supplied by religious places of worship like temples, mosques, churches and gurudwaras from GST but ruled out granting tax exemption to inputs

Terms of reference row: Finance panel unleashes states' ire before award

Probably for the first time, the terms of reference (ToRs) of an FC have stirred a controversy

Crude oil spike could pinch FMCGs hard; operating margins likely to suffer

Operating margins are likely to suffer as crude-linked derivatives act as key inputs for consumer goods companies

India, China join ranks to negotiate with oil producers for better bargain

IOC Chairman Sanjiv Singh will spearhead India's talks with China in this regard

India must ensure privacy for biometric identification programmes: IMF

Given its broad coverage, IMF believes that it may be a challenge to phase Aaadhar out

Oil on the boil: Costly crude to hit government, profits of refiners

Consumers will have to pay more for motor fuel (petrol or diesel). Retail prices have already gone up 4 per cent in a month

Centre, RBI step in as cash crunch hobbles ATMs across various states

Several states are facing cash shortage despite currency flow in the economy going back to the pre-demonetisation level

Limits notified for tax breaks to angel investors

The notification says start-ups may avail of the tax concession only if total investment, including funding from angel investors does not exceed Rs 100 mn

Bhanu Pratap Sharma replaces Vinod Rai as chairman of Banks Board Bureau

With this, the government in a statement reiterated its commitment to not interfere with senior level appointments in the public sector banks

Bad loans likely to dampen investment climate, says CII president

Government policy had created the space for domestic investments to rise in the current financial year, he added

Industrial output expands at 7.1%; March retail inflation eases to 4.28%

Within the IIP, manufacturing grew by 8.7 per cent in February, marginally higher than 8.6 per cent in January

Boeing, HAL, Mahindra tie up to build Super Hornet fighter jet in India

The entry of HAL, which has an airfield and manufacturing hangars in Bengaluru, could significantly reduce the Super Hornet's price