Page 2719 - Economy & Policy News

FRDI Bill: Parliament grants more time to joint panel to submit report

In December, the joint committee was given time till the last day of the ongoing Budget Session

Oct-Dec current account deficit sharply widens on higher imports: RBI data

It widened to 2% of GDP at $13.5 bn; Oct-Dec balance of payment surplus at $9.4 bn on strong inflows

Empowering 600,000 youth: Odisha ropes in Leo Burnett for skill branding

Odisha Skilled Development Authority has a target of providing employable skills to 600,000 youths in 2018-19

Need policy to promote EVs for future transportation model: Niti Aayog

I think Niti Aayog will be well-placed to develop this policy, and I hope that will be the task we will fulfil going forward: Rajiv Kumar

Private cabs to be brought under Maharashtra's city taxi norms: Minister

Cabs would have to mandatorily use CNG as fuel to reduce pollution

India needs core network, enabling ecosystem to boost 5G, IoT: Telecom secy

India's ambitions are to position itself as not just as a consumer but a leader in 5G and IoT

PNB scam fallout: Assocham survey shows up to 15% drop in diamond demand

The survey covered 350 jewellery-makers based in Delhi-NCR, Mumbai, Ahmedabad, Chennai, Kolkata, Hyderabad, Chennai, Bengaluru, Chandigarh and Dehradun

No shortage of land or funds for affordable housing projects: Hardeep Puri

Union minister Hardeep Singh Puri said India will have 700 km of metro network soon

GST: Indian system among the most complex globally, says World Bank report

India has the highest standard GST rate in Asia, and second highest in the world after Chile

World Bank's India Development Update breaks new ground; competition helps

As the Asian Infrastructure Investment Bank weighs in heavily to correct the perceived infra shortage in member countries, World Bank sets the needle away to make what is available work better

Speed of India's shift to green energy at par with China, Europe: Report

Transformation is aided by sustained deflation in renewable tariffs, tech upgrades, cheaper finance, expeditious tendering and political will

Tamil Nadu Budget 2018: Package for STUs, all old buses to be replaced

Rs 27 bn allocated to transport department, including Rs 7.99 bn as subsidy for free bus passes to students, senior citizens

Unlike what Donald Trump thinks, big countries can also lose trade wars

Can India export entirely on its own terms, coddling domestic manufacturers while blocking imports? No, that's not going to happen

Great news for govt employees: Tax-free gratuity cap set to be doubled

The ceiling of gratuity amount for central government employees was increased from Rs 1 million to Rs 2 million

HPCL, GSPC deals to hit oil PSU dividends in FY18 by at least 17%

According to multiple sources, this would mean a cut of about 17 per cent on the dividend collected from petroleum companies, to Rs 145 billion in 2017-18 from Rs 175 billion in 2016-17

Firms eye opportunities as Sitharaman talks up defence industrial corridor

More than half of her 23-minute talk at an industry gathering in Delhi on Monday was devoted to assuring support to private firms

CBEC camps from Mar 15 to fast track GST refunds to exporters

Sarna said there are instances of exporters committing errors while filing refund claims and to help them, the department has started giving out refunds partially with manual intervention

February export growth rate dips for third straight month at 4.48%

A similar situation was seen in December 2017 as well when growth rate had halved to 12.4 per cent from November's 30.5 per cent

GST regime derails Mainland China's expansion plans; affects profitability

GST affected SRL's profitability by 12%, limiting its scope for expansion across geographies on account of lower cash availability

Govt plans to set up ombudsman to empower automobile owners and new buyers

India has had an ombudsman for banking sector since 1995 to address deficiency in banking services