Page 2705 - Economy & Policy News

Govt bans imports of hormone oxytocin to halt misuse in livestock industry

India halted retail sales of the prescription-only drug in 2014, but regulators have struggled to curb illegal sales, and the volume of imports is unclear

Uttar Pradesh Defence Corridor on track, says Nirmala Sitharaman

Corridor estimated to get Rs 200 billion investment

Govt panel on artificial intelligence, cyber security to submit report soon

The panel on data for AI will suggest a technical framework or platform for the emerging technology and it would also address data availability resources

Fears rise in India as China pushes plan for canal to reshape Indian Ocean

There's reason to worry about what Chinese involvement in this project will mean for the balance of power in the Indian Ocean, says Indian naval commander

Puducherry beats national average on most health indicators: Here's why

Part of Puducherry's success is thanks to its small population-its 1.24 million people give the state a population density of just 2,598 persons per square kilometre

Scanner over rich migrating abroad for tax purposes; CBDT forms group

The instruction talks of migrating high net worth individuals and not escaping or fleeing ones

Aftermath of demonetisation: Cash crunch hobbles White Label ATMs

Reduced interchange charges have made the sector unviable

CPI inflation expected to be at 4.3% in Q4 of FY19

The direct impact of the increase in the house rent allowance announced by the government fades away by December 2018

Civil aviation ministry proposes steep rise in compensation for flyers

Aviation ministry working on the draft, to be issued shortly for public comment

Wheat procurement starts on dull note; might pick up pace in coming weeks

Prices started falling from second half of March because new crop started arriving from Madhya Pradesh, Rajasthan, Gujarat

Draft Direct Tax Code to be submitted to govt, placed in public domain soon

Most of the overhaul will focus on tax administration

Align Delhi-Mumbai expressway with rail corridor, say experts

Seamless entry and exit points, along with connectivity with the upcoming rail corridor, would ensure success of the project, say experts

Central Board of Direct Taxes releases simplified ITR forms for FY19

Also, the new ITR forms will continue to be filed electronically

New orders help services sector to hire at fastest pace in 7 years : PMI

India's services sector continued to face higher cost burden in March

RBI draws a 'Goldilocks' economy as trade war looms, retains neutral stance

Slowing inflation, accelerating growth and an economy that relies on domestic consumption may help India remain relatively immune from the escalating trade war

Domestic air travel demand up 23% in Feb, twice more than global average

Passenger demand in India continues to be stimulated by network growth that translates into time savings for air travelers, said International Air Transport Association

RBI status quo on repo rate in policy: Tightrope walk ahead, say experts

Chief Economist of Yes Bank Shubhada Rao said, "Cut inflation forecast is sizeable, and is being done for what's seem as peak period."

RBI says to keep liquidity in 'moderate surplus mode' in April-September

Reserve Bank of India kept its policy rates on hold for the fourth straight meeting and retained its "neutral" stance

GDP growth projected to strengthen to 7.4% in FY19; 7.3-7.6% in H2: RBI

Global demand has been improving, which should encourage exports and boost fresh investment

PE, VC investments surge 60% to a record $26 billion in 2017: Study

Also, the mergers and acquisition activity increased 53.3% to $77.6 billion