Page 2717 - Economy & Policy News

Threat to the environment? Rubber plantations in Northeast eat into forests

Although Kerala has been a top rubber grower in India, the plant was first introduced in the Northeast by the regional forest department in the 1960s

Investment promotion scheme: Notices to Centre, Rajasthan govt, GST Council

The Rajasthan Investment Promotion Scheme, announced in October 2014, had given exemption from entertainment tax up to 50 % to multiplexes, water and theme parks, among other sectors for 7 years

Statsguru: Households' financial assets recover from demonetisation shock

Gross financial assets of households fell from 95.2% of GDP at the end of Q2 of 2016-17 to 89.2% at the end of Q3 of 2016-17, the period when the note ban was announced

WTO summit: India to pitch for greater services trade, less protectionism

Roberto Azevedo, WTO's director general, to attend the event

WTO ministerial meet in Delhi: 50 nations to take up global trade issues

Commerce Secretary Rita Teaotia had said recently that the meeting would be more of an "ice-breaker" as it is being held after the collapse of talks at the Buenos Aires WTO Ministerial in December

Lok Sabha passes bill to prevent scrutiny of foreign poll funds to parties

Before the change approved last week, foreign funds received by a political party before September 26, 2010, when the FCRA was enacted, were open to scrutiny

New NPA rules: Power producers' body accuses RBI of overruling House panel

The association claims that regulatory delays have resulted in pending payments worth Rs 78 billion

Corp Affairs Min mulls proposal to collect passport details of directors

Passport details in at the digital warehouse will help authorities to take timely action and check fraudsters from fleeing the country

Airports Authority of India prepares for higher capex; eyes Rs 15-bn loans

The domestic aviation market is growing at high double digits and to meet the rising demand, infrastructure capacity needs to be ramped up

E-wallet will address GST refund issue of exporters: Suresh Prabhu

As per exporters, about Rs 200 billion is stuck on account of delay in refund of duty claims under the new indirect tax regime

Trai to revamp mobile number portability process to simplify process

The move to revamp the current mechanism for MNP comes on the heels of the regulator recently slashing the MNP charges by almost 79 per cent to a maximum of Rs 4

How RBI is disposing of demonetised currency worth Rs 15.28 trillion

The central bank had earlier estimated the value of old Rs 500 and Rs 1,000 notes received, as on June 30, 2017, at Rs 15.28 trillion

84% of initial GST returns filed for Jul-Dec don't match with final returns

The revenue department has analysed the Goods and Services Tax (GST) returns data filed by over 51.96 lakh businesses during July-December, 2017

With Darjeeling tea under threat globally, West Bengal plans a makeover

Darjeeling tea is the first product from India to obtain a globally recognised Geographical Indication (GI) tag and logo

Centre working with states to ensure farmers get declared MSP: PM Modi

The PM said the Centre had framed several model laws on contract farming, land lease and agriculture marketing

Easier to do business in India, jobs a worry: Nobel Laureate Paul Krugman

The economist said India had made rapid progress but economic inequality in the country remained elusive

PNB scam fallout: Here's why banks must relook at indemnity policies

Given the reluctance to part with data and tendency to minimise the risks, those in the segment say banks need to seriously relook at whether they're covered for a PNB-type case

Staggering 265-fold hike in labour levy at ports killing coastal shipping

The notional charge is being imposed by major ports even though they are now mechanised, and don't need labour to load and unload cargo

Sugar bears come out to play as surplus swells on Asia harvests

Sugar Supplies are booming thanks to the outlook for record harvests in India and Thailand, the world's No. 2 exporter

SAARC nations can piggyback on India's high growth rate: Indian envoy

In terms of Nepal, India is making an integrated check post at Birpur which is almost ready and will be inaugurated soon, Puri said