Page 2738 - Economy & Policy News

FinMin gives nod to scrap vehicles over 15 yrs, policy to go to GST Council

The policy is aiming at curbing rising vehicular pollution in the country

Bihar government focuses on education, infrastructure growth in budget

The budget, however, concedes that the goods and services tax (GST) impacted on the state government's own tax revenue, which shrunk by an estimated Rs 4,000 crore in the current fiscal

GST revenue collection dips marginally in January to Rs 863.18 bn

10.3 mn taxpayers have been registered under GST so far till 25th Feb, 2018; 5.77 mn GSTR 3B returns have been filed for the month of Jan

Natural gas will no longer be allocated: Govt to private power producers

No fresh allocation of gas to be made

India-Korea business summit: PM Modi rolls out red carpet for Korean FDI

India may have a tough time adding to the list of 600 Korean companies that already have operations here owing to investors' reservations about capital availability and complications regarding GST

3.5 Gw of solar tenders in limbo, thanks to tax and regulatory niggles

Some of the cancelled tenders were for large projects announced during 2015-16 and were facing delays and uncertainty over tariff

Set up 'fiscal council' to enable better economic decision: Rathin Roy

Economist Rathin Roy outlined governmental constraints in the budget making aspect of the Indian public finance

Impending US barriers on steel imports will impact Indian industry

India is exporting around 10% of its steel production while imports meet 9% of our steel use

HDFC Bank pegs FY19 GDP growth at 7.3% on private consumption, capex

Improvement in private consumption, increase in capacity utilisation and private capex cycle revival will be driving higher growth,a report by HDFC Bank's economists said

Probe NPAs above Rs 500 mn, report fraud to CBI: Finance Ministry to PSBs

PSBs have also been asked to involve Enforcement Directorate (ED)/ Directorate of Revenue Intelligence (DRI) for violations of PMLA, FEMA or Export Import norms

Jute industry stares at nearly Rs 8 billion loss on dilution plan

Total packaging requirement for RMS is pegged at 11.26 million bales and the dilution proposed is 10 per cent of this requirement

India-South Korea bilateral trade touched $20 bn in 2017: PM Modi

Modi also said that he wondered how South Korea, a country of the size of Gujarat, could make such economic progress

Single GST rate can't work at the moment; compliance to be made simpler: FM

He said that being the reason, the government started with multiple rates and was now moving towards rationalisation

Moody's upgrades outlook on IDBI Bank to 'positive' from 'stable'

Expects improvement in capital position and stable asset quality

Modi's million dollar challenge: How to fix Yogi Adityanath's UP?

Anyone who wants India to live up to its potential has to figure out how to fix UP

India has potential to achieve a growth rate of more than 7-8%: FM Jaitley

India has demonstrated in the last few years that it has, even in a global environment of adversity, a potential to self correct itself, Jaitley said

Yogi Adityanath to revive sick industrial units to boost investment in UP

The state had more than 77,000 sick units with loan outstanding of Rs 25 billion at end March 2015

Nagaland outranks rich states in health, gender equity, but jobs a concern

Almost all or 97% of households in Nagaland have access to electricity, above the national average of 88.2%

Korea Summit: Modi woos foreign investors, says India most open economy

At India-Korea Business Summit PM Modi said, his government has worked hard to create a stable business environment by widening areas of trust

Govt may bar retired staff from using official email IDs to curb data leak

Govt is looking at artificial intelligence to segregate personal and official information from the same email ID