Page 2726 - Economy & Policy News

PNB scam: Govt makes passport details must for loans of Rs 500 mn and above

For all existing loans of over Rs 500 million, banks have been asked to collect passport details of borrowers within 45 days

More needed to curb genetically modified soyabean and soy seeds import

India does not permit cultivation of GM soybean

South Delhi sealing drive: Lajpat Nagar traders' stir takes political turn

Kejriwal mulls hunger strike as more than half the shops at Amar Colony market are forced shut; retailers start home deliveries

Modi, Macron to deepen India-France ties: Full text of joint statement

Narendra Modi and Emmanuel Macron also agreed to create an annual defence dialogue at the ministerial level

320 mn Aadhaar numbers linked to voter ID cards, 545 mn to go: CEC Rawat

Replying to a query on allegations of EVM tampering, Rawat said the EC will seriously consider credible complaints and resolve it

Water supply to financial aid: Raje govt depts fail to act on CM's plans

CAG report also observed that there were 877 outstanding cases of misappropriation, theft and losses of govt money under various departments amounting to Rs 670 mn

GST Council meet: 3 months to file tax; e-Way Bill from Apr 1; 10 updates

Intra-state e-Way Bill will be rolled out in phased manner with four groups of states, said Arun Jaitley

Solar Alliance summit: Sri Lanka Prez leaves for India amid communal riots

Maithripala Sirisena will be in India to attend the first conference of the founding members of the International Solar Alliance in New Delhi

Britain losing Indian tourists to France; needs cheap visas: UK think tank

Said new UK-India Visa Agreement being proposed would reduce the cost of a two-year visa from 388 pounds to just 89 pounds

LIVE GST Council meeting underway: e-way bill, GST rates to be discussed

GST Council will discuss the implementation of the new e-way bill for inter and intra-state movement of goods

Estonia woos Indian businesses with e-residency, access to EU market

Estonia is the first country in the world to offer e-residency, a government-issued digital ID available to anyone in the world

Trump slaps tariffs, rattles Indian metal firms; JSW asks govt to retaliate

Sajjan Jindal, chairman of JSW Steel, however, asked the government to impose similar tariffs on steel made overseas to protect Indian manufacturers

Air India stake sale process well on track, says Jayant Sinha

As soon as we have the go ahead from the alternative mechanism, the EoI will be issued: Sinha

NITI Aayog to finalise mechanism for MSP payment by March-end

The mechanism is expected to be finalized by March-end, an official statement said after the first meeting between State governments and NITI Aayog

PNB scam fallout: RBI asks banks for details of LoUs as far back as 2011

Importers typically use LoUs issued by their local bank to raise cheaper foreign currency loans overseas to fund purchases

Farm loan waiver key reason for high revenue deficit: Maharashtra

It is one of the main reasons behind the (estimated) revenue deficit rising to (more than) Rs 150 billion.

Resolution of Bhushan Steel is credit positive for banks: Moody's

Bhushan Steel is one of 12 large NPAs held by Indian banks that went to the NCLT for resolution, on an RBI order

Decline in defaults on credit given to women-led self-help groups

Data showed that even after the NRLM change, there were wide regional variations in the extent of loans given to women-led groups turning bad

Haryana's Rs 1.15-trn budget proposes no new taxes; allots 28% to agri

The budget outlay comprises 26.1% as capital expenditure of Rs 300 billion

Agriculture, allied sectors to see moderate growth of 3% in FY18: CSO

The CSO's approach of growth estimation of GVA in agriculture is pre-dominantly production based