Page 2727 - Economy & Policy News

Maharashtra presents Rs 153-bn revenue deficit budget; focus on farm, infra

The government has made a provision of Rs 108.28 bn for road development and planned to spend Rs 72.35 bn on setting up power infrastructure

Maritime security, counter-terror on agenda of Macron-Modi Saturday meet

Defence cooperation is also likely to figure prominently during talks between Prime Minister Narendra Modi and Macron

Will wait for US notification to see impact of tariff hikes: India

Trump signed two proclamations that levied a 25 per cent tariff on steel and a 10 per cent tariff on aluminium imported from all countries except Canada and Mexico

India's fuel demand increases 7.7% y-o-y in February

Sales of gasoline, or petrol, were 9.4% higher from a year earlier at 2.08 million tonnes

Industry 4.0: Centre taking steps for smart manufacturing, says official

The term Industry 4.0 is synonymous with smart manufacturing and it is revolutionising the way manufacturing is done worldwide

RBI may hike repo rate by 0.25% in 2018, says CARE Ratings' report

The RBI expects inflation to go up to between 5.1-5.6 per cent in the first half of the next fiscal or the April-September period, before cooling down

Govt allocates BharatNet, defence-related projects worth Rs 250 bn to BSNL

Work of setting up of 25,000 Wi-Fi Hotspots at Rural Telephone Exchanges at the cost of Rs 9.4 bn has been given to BSNL on nomination basis," Manoj Sinha said

Major upsurge in employment, Ola & Uber created millions of jobs: Jayant

As per EPFO data, over one crore new accounts were added in 2017 to the 45 million members of the organisation

Government to split Air India's debt ahead of stake sale: Jayant Sinha

India's Civil Aviation Secretary, Rajiv Choubey, said on Thursday that the government would invite initial bids for Air India in the next couple of weeks

Transactions after note ban: Govt wants to know 'true owners' of 68 firms

Registrar of Companies (ROCs) has identified 297,000 companies during 2017-18 which were not conducting any operations for 2 years

Donald Trump threatens to impose 'reciprocal tax' on India, China

Trump has, in recent days, spoken a number of times about the 50 per cent duty that India levies on high-end motorbikes like Harley-Davidson

166 mn PAN, 877 mn bank accounts linked to Aadhaar: Govt informs Parliament

Aadhaar linking with income-tax permanent account number or PAN has also been made mandatory

Over 10 mn businesses registered under GST; January collection at Rs 880 bn

GST has subsumed over a dozen local taxes, including excise duty, service tax and VAT

Wilful defaulters rise 1.7% till December, owe Rs 1.10 trillion to PSBs

The number of wilful defaulters was 9,063, which represents a marginal increase of 1.66 per cent during the nine months of the current financial year, government said

Govt had sought Rs 130 billion additional dividend from RBI, says FinMin

In August, RBI had paid a dividend of Rs 306.59 billion for the fiscal ended June 2017

Political Uncertainty Delays Road Transport Reforms

Ola's sputtering EV trial red flag for Modi's all electric plan

Global auto makers have repeatedly warned that India is not ready for electrification

Before Donald Trump, George W Bush tried steel tariffs but it didn't work

In early 2002, then-President George W Bush imposed steel tariffs of up to 30 percent on imports of steel in an effort to shore up domestic producers against low-cost imports

Where are India's rich investing? Stocks beat gold and property too

Some 95 per cent of India's population with net assets of $50 million or more lifted their holdings in the 12 months through October

India's MRO sector remains in idling position so far; here's why

Earlier the tax that was paid on labour could not be set off against the tax that was being paid by airlines, but now the full GST can be set off