Page 2723 - Economy & Policy News

South African court allows Bank of Baroda to leave country over Gupta links

The Indian state-owned bank announced last month that it had decided to close down operations in South Africa in line with a revision of its global strategy

RBI to keep rates on hold as CPI inflation to rise 4.7% in FY19: Report

Following easing of retail inflation in Feb, there's industry clamour for rate cut next month to maintain growth momentum

FY18 to end in 18 days! Some last-minute tax-saving methods to invest in

PPF is an old favourite investment option with resident salaried while EPF is one of the smartest investment instruments

Indian, Chinese exports most likely to be harmed by strong currency

Singapore was a notable outlier -- exports actually do better when its currency firms up

Easing inflation will give RBI room to hold rates, relieve bond investors

The easing for the second straight month offers bond investors in India -- the worst performing market among major Asian economies -- something of a temporary cheer

India preview: Inflation to surprise Reserve Bank with another slowdown

Seasonal disturbances and one-off factors that drove inflation upward in 2H 2017 are now reversing

CGST Act disallows input tax credit for nine entries, but exceptions exist

According to the CBEC, the benefits expected from the e-way bill mechanism are physical interface, faster movement of goods and improved turnaround time of trucks

US tariff hike to hit Indian steelmakers as EU, China plan retaliation

Weak domestic demand, international competition to hurt industry

It's Centre vs state over LPG scheme in Congress-ruled Karnataka

Rebuffing petroleum ministry, Siddaramaiah launches PMUY-like scheme months before state polls

Privatisation of ammunition manufacture kicks off in Delhi

Sitharaman pointedly said OFB and DPSUs have 'immense opportunities and immense assets', with which they can meet most of the military's requirements

Larger role for private players in procurement at MSP could be challenging

The concept has been in the works for sometime now, with limited success

Job creation more than doubles to 136,000 in July-Sept 2017: Labour Bureau

In the manufacturing sector, 89,000 jobs were created as compared to job loss of 87,000 in the previous quarter and job creation of 24,000 in the same period last year

Govt may soon ask e-commerce firms to refund all customers duped with fakes

Such a move may signal govt's foray into regularising e-marketplace

IIP rises to 7.5% in Jan, retail inflation eases to 4-month low of 4.4%

Manufacturing, 77.6 per cent of the Index of Industrial Production (IIP), grew 8.7 per cent in January, up from 8.5 per cent in December

India attracts $209 bn FDI during Apr 2014 to Dec 2017

The number of functional units in 2015-16 was 2,269 and 2,293 in the previous fiscal

Finance Ministry unlikely to disband Banks Board Bureau

Asked if there is any decision on giving extension to existing chairman Vinod Rai, the official said, the government is yet to take a call on the issue

Import duty hike impact: Domestic firms lag Chinese peers in mass segment

A month since import duties were hiked, Business Standard looks at its impact on the footwear industry

Defence PSUs need to be revitalised, made more dynamic: Nirmala Sitharaman

Underlining the government's priorities for indigenous production, Sitharaman said its thrust has been on IDDM (Indian Designed, Developed and Manufactured)

Govt tables bill to streamline chit fund sector, hike foremen's commission

According to the Bill, concerns have been expressed by various stakeholders regarding challenges being faced by the chit business

Feb retail inflation eases to 4-month low of 4.44%, IIP grows 7.5% in Jan

December IIP was 7.1% and Jan CPI was 5.07%