Page 2712 - Economy & Policy News

Guaranteed crop prices to take all costs into account, says Narendra Modi

Modi said the budget had taken a "big decision" to ensure that farmers get a fair price for their produce

Service tax can't be imposed in J&K, says tribunal of pre-GST levy

The case was from the earlier service tax regime, prior to rollout of the current goods and services tax

Irdai extends deadline for linking Aadhaar with various insurance policies

For existing insurance policies, the date of linking Aadhaar is extended till the matter is finally heard

Lateral buying swells FY18 oil capex to $1.11 trillion till February

Gross figure less impressive if HPC & GSPC investment by ONGC is excluded

Vehicle scrap policy to go for Cabinet nod in a month, says Nitin Gadkari

Gadkari said once the policy comes into force, various vehicle scrapping centres would be set by the Centre

Set aside divestment proceeds for sick PSUs revival: Parliament panel

The government has set a target of raising Rs 800 bn in 2018-19 by selling stake in state-owned firms, with strategic divestment of 24 CPSEs on the cards

PM Modi to discuss role of CPSEs with PSU chiefs for 'New India-2022'

The PSU chiefs will make presentations before the prime minister on HR, innovation, finance, corporate governance

India proposes to negotiate trade pact with Africa: Suresh Prabhu

The minister also highlighted the need for Indian companies to invest in Africa

Panagariya makes a strong case for privatisation of PSBs, excluding SBI

On protest by farmers across the India, he favoured cash transfers to rural BPL households in times of crop failures via Aadhaar-linked bank accounts

PNB plans to stake claim in bankruptcy proceedings of Nirav Modi's Firestar

The bank is exploring all options for the recovery, including participating in the bankruptcy proceeding of Firestar Diamond Inc

Statsguru: Indian markets under pressure amid mounting trade war fears

The Nifty fell below the 10,000 level for the first time this year. But small- and mid-cap stocks continue to outperform large-cap ones

Telecom sector to create 10 mn jobs in next five years: Skilling council

The telecom sector skill body has proposed to the government to change the approach of looking for employment after training to training based on job demand that will come from industry

Escalation of global trade war will damage Indian economy: Assocham

'Though India may not get much of a direct impact, the collateral damage could be in the form of adverse impact on the overall sentiment'

250,000 cattle in MP stamped with unique 12-digit Aadhaar-like number

The cattle UID would then be linked to the Aadhaar number of its owner which in turn would check the illegal sale and purchase of cattle

Govt likely to relax restrictions for foreigners to visit forbidden areas

MHA is likely to relax six-decade-long Restricted Area Permit for some areas for foreign tourists, except those from Pakistan and China

Govt's flagship crop insurance plan lose sheen as coverage area reduces

Gross cropped area has reduced to 24% in 2017-18 from 30% in 2016-17 when the actual target for the current year was 40%

Businesses with nil tax liability may get to file GST returns bi-annually

Taxpayers whose liability is nil for six consecutive months will be required to file six-monthly return

Road projects see limited gains as most arbitration get challenged

According to official data till January 31, 2018, 66 cases are in arbitration and Rs 14.82 billion has been sanctioned under the process

E-way bill rolls out from April 1; GSTR-3B to be filed till June

The GSTR-3B for a month is required to be filed by the 20th day of the succeeding month

Farmers could lose over Rs 145 bn this rabi due to low prices: activists

Prevailing average prices of most crops surveyed are Rs 200 to Rs 600 lower than state-fixed MSP