Page 2729 - Economy & Policy News

General Electric's Predix software set to disrupt microgrid market

Designed and developed entirely out of GE's India R&D centre over the past two years, the power units are now close to the stage of commercialisation

Council to take first step on bringing alcohol into Goods and Services Tax

Additional solicitor-general says extra-neutral alcohol liable to new tax

UP opens agro market worth Rs 600 billion for private investment

Yogi cabinet approves amendment to UP APMC Act, 1964

Relief for telecom sector! Govt okays measures to facilitate investments

It has also relaxed the spectrum holding limit for the telecom operators, according to an official spokesperson

No CAs in Centre's new regulatory body for accounting professionals

The move is mainly aimed at ensuring that regulation is not marred by any conflict of interest

Sebi re-constitutes panel on corporate bond market to be headed by H R Khan

The 27-member committee would now be chaired by Harun R Khan, former Deputy Governor at the Reserve Bank of India

No proposal to use captured images as primary evidence for prosecution: Gov

Union Minister of State for Law P P Chaudhary said there was "no proposal" to amend the Indian Evidence Act, 1872

Economy bottomed out, on rise again due to investments, Q3 numbers: Niti

Employment should get due attention and that job creation would contribute to GDP growth as well, said Niti Aayog

Price crash ahead? Key diabetes, cancer drugs to go off-patent in India

The development is likely to trigger launch of generic versions by Indian drug majors; this would be a great relief to patients as prices might come down by 25% or so

Simpler GST filing module proposed by Nilekani may be finalised on Mar 10

In the 23rd GST council meeting, it was decided that filing of GSTR-2 and GSTR-3 forms would stop and only the filing of GSTR-1 and GSTR-3B would continue

All 650 India Post Payments Bank branches by April, says Manoj Sinha

The ministers said IPPB will acquire approximately 80 million customers in a span of five years from its launch

Bankrupt MSME promoters may be allowed to bid for their companies

Homebuyers likely to be termed creditor, cooling off period possible

Cabinet raises DA for central govt employees and pensioners to 7% from 5%

According to the statement, the hike will benefit about 4.8 million central government employees and 6.1 million pensioners

Railways incurs Rs 40-bn loss in 3 years by running Mumbai locals: Govt

The suburban railway in Mumbai operates 2,342 local train services and carries more than 7.5 million commuters daily

India imposes new restrictions on trade with North Korea, say govt sources

New Delhi has been cutting back on trade with North Korea but has maintained diplomatic links

India set to cut Monsanto's GM cotton seed royalties by 20%: Sources

The government will finalise its decision soon, the sources said but gave no precise timeframe

Giving funding equivalent to special category status to Andhra: Jaitley

On Rahul Gandhi's promise of special category status to AP if his party comes to power, he said, "I have to follow constitutional award"

Despite Doklam, Indo-China trade hits historic high of $84.44 bn in 2017

The bilateral trade in 2017 rose by 18.63 per cent year-on-year to reach $84.44 billion

Farmers shun summer paddy, Chhattisgarh government misses rabi target

The state government had set a target to take rabi crops in 1.85 million hectares of area in the current season

New policy soon on biofuels with Rs 1-trn potential: Dharmendra Pradhan

We will shortly have a new national policy on biofuels, the note for which is to be placed before the cabinet soon: Pradhan