Page 2703 - Economy & Policy News
PM Modi ask PSUs to come up with development roadmap within 100 days
Addressing a CPSE conclave here, Modi also suggested that their CSR spend should be focused largely on one specific theme each year
 "PM Modi ask PSUs to come up with development roadmap within 100 days")
EPCES to register members in two hours, launches user interface
The new system would also facilitate faster data collection for survey and feedback on policies
 "EPCES to register members in two hours, launches user interface")
As Vinod Rai-led banks' bureau demits office, its future remains uncertain
The Banks Board Bureau started out with an ambitious mandate to reform PSB governance but found itself reduced to an appointments board. Here is how
 "As Vinod Rai-led banks' bureau demits office, its future remains uncertain")
India, Bangladesh sign 6 MoUs, discuss Teesta water issue, Rohingya crisis
The MoU on oil pipeline is aimed at pumping diesel from India to Bangladesh with a capacity of 1 million tonnes per annum
 "India, Bangladesh sign 6 MoUs, discuss Teesta water issue, Rohingya crisis")
Power sourcing cost for industries in Odisha to rise in future: Study
Over the past five years and in the future, the power sales mix in the state will undergo a significant change
 "Power sourcing cost for industries in Odisha to rise in future: Study")
Think out of the box on fiscal policies, says NITI aayog
NITI also suggests building fiscal reserves to be used on a rainy day
 "Think out of the box on fiscal policies, says NITI aayog")
Indian Air Force seeks commitment from fighter vendors
The level of detail in the current RFI contrasts starkly with the sketchy, one-page RFI issued in 2004
 "Indian Air Force seeks commitment from fighter vendors")
Bond yields expected to remain benign, may dip to 7% in the near term
The Reserve Bank of India, which conducted the auction, had set the cut-off yield at about 7.15%
 "Bond yields expected to remain benign, may dip to 7% in the near term")
Discoms likely to consider PPAs as short-term power rates rise
Rising coal prices also pose a challenge for state distribution companies
 "Discoms likely to consider PPAs as short-term power rates rise")
National Electricity Plan revised to make room for more coal
Coal requirement has been worked out considering 30% reduction in hydro generation due to failure of monsoon
 "National Electricity Plan revised to make room for more coal")
Centre may ease expression of interest deadline for 76% stake in Air India
Govt officials say a shareholding structure has been mandated to discourage non-serious bidders from accessing Air India's data room
 "Centre may ease expression of interest deadline for 76% stake in Air India")
India slaps anti-dumping duty on import of phosphorus pentoxide from China
Phosphorus Pentoxide is used as a powerful desiccant and dehydrating agent and is a useful building block and reagent in the chemical industry
 "India slaps anti-dumping duty on import of phosphorus pentoxide from China")
India visit significant & fruitful, strengthened mutual trust: Nepal PM Oli
Last week was Oli's first visit to India after taking charge as Nepal's Prime Minister for the second time in Feb this year
 "India visit significant & fruitful, strengthened mutual trust: Nepal PM Oli")
Karnataka water disputes with Tamil Nadu, Goa boil or simmer under surface
Dispute over distribution of water from the rivers flowing through Karnataka and its neighbours works up emotions to the same degree as a communal one might and sets off conflicts between communities
 "Karnataka water disputes with Tamil Nadu, Goa boil or simmer under surface")
Govt borrowing likely to be lower in second half of FY19 than in the first
This will allow the government to keep the borrowing space free for the higher demand by the state governments
 "Govt borrowing likely to be lower in second half of FY19 than in the first")
India, Korea to ink pact for seafarers, boost bilateral ties: Gadkari
Gadkari said signing of the undertaking, apart from creating job opportunities for Indian seafarers, will also pave the way for recognition of maritime education
 "India, Korea to ink pact for seafarers, boost bilateral ties: Gadkari")
CBI, Indian Revenue Services officers at loggerheads over fraud tax refunds
CBI, Indian Revenue Services officers at loggerheads over fraud tax refunds
Statsguru: India's economy grew at 6.6% in FY18, down from 8.2% in FY16
On inflation, there is reason to cheer; the headline retail inflation rate has fallen from 6% in FY15 to 3.5% in FY18
 "Statsguru: India's economy grew at 6.6% in FY18, down from 8.2% in FY16")
PM Modi turns down Piyush Goyal's plan to turn CST into museum: Sources
Goyal had announced to convert the busy terminal into a "world-class museum" during his visit there in November
 "PM Modi turns down Piyush Goyal's plan to turn CST into museum: Sources")
Black money SIT reviews use of cryptocurrencies; directs clampdown
The RBI had come out with three specific warnings to discourage the public from investing in the virtual currencies
 "Black money SIT reviews use of cryptocurrencies; directs clampdown")