Page 2739 - Economy & Policy News

India will beat China as global energy growth driver by 2030: BP official

Spencer Dale said currently, China and India account for around half of the world's energy

Economists expect GVA rise in December quarter, data due tomorrow

Expectation of 6.8% against 6.1% in Q2

SBI Chairman Rajnish Kumar expects PNB to clear Rs 13 billion dues

He said the exposure of SBI to Gitanjali Gems - one of the companies involved in the scam - has also been crystallised and there was no issue on that

Govt making all efforts to fool proof GST from evasion: Hasmukh Adhia

He noted that a businessman doesn't want to evade tax provided three things are according to his desire, which include appropriate tax calculation, tax should be reasonable, it protects his interests

I-T dept issues new disclosure norms for trusts changing their objectives

The new registration process requires additional details from a trust, a certified copy of registration with the authorities and Aadhaar number of trustees, etc

Greater Noida authority gets Rs 100-bn tax relief from Delhi HC

The court directed the Central Board of Direct Taxes (CBDT) to issue the necessary notification within three months

Why are world's best-paid expats rushing to Mumbai? Hint: It pays

India's financial capital, where salaries are more than double the global average, tops global rankings for expat pay, according to a survey conducted by HSBC Bank International

South Korean cos head to Delhi as Modi pushes for investment expansion

On Tuesday, Prime Minister Narendra Modi will pitch for greater FDI from the nation at the India-Korea business summit

E-way bill: Govt hopeful that portal's performance will be robust this time

The first introduction of the GST bill regime had failed as the system crashed on the very first day on Feb 1 due to heavy load

Onion prices crash below Rs 12 per kg in Lasalgaon on high supplies

As a hedge against this, the government is making efforts to diversify sowing

Jena opposes Odisha's decision for long-term bauxite linkage to Vedanta

The decks for Vedanta for sourcing raw material were cleared recently after the Odisha Cabinet approved a long-term linkage policy for bauxite supply from state-owned OMC

KYC for payment wallets: RBI says no extension beyond February 28

However, customers who have balances in such wallets or prepaid payment instruments need not worry about their money, RBI said

Would have resigned if I was in Arun Jaitley's position: Chidambaram

"Instead of consolidating fiscally, this government has slipped badly on fiscal consolidation and we are going to pay the price of this," P Chidambaram

Commercial coal mining: A question of ecosystems

A major impending reform for the sector is fraught with doubts over demand and the robustness of the regulatory environment

PNB fraud: Court allows ED plea for Letters Rogatory to probe Nirav assets

Nirav Modi is a key accused in the PNB fraud case being investigated by the ED and other agencies

Rs 11 trillion priority sector lending target achievable: Arun Jaitley

FM stressed on the need for all stakeholders to collaborate to improve income of farmers and also reviewed the funds announced in the union budget

GVA growth likely to improve to 6.8 per cent in Q3 led by services: Report

During the first half of this fiscal, economic activity remained muted, partly on account of the structural transition to goods and services tax

Profits from major ports to touch Rs 70 billion this year: Nitin Gadkari

Gadkari said the ministry expects Rs 15 trillion investments under the ambitious 'Sagarmala' infrastructure development programme

ED seeks Letters Rogatory to probe Nirav Modi's overseas business, assets

Letters Rogatory are a request from a court of a sovereign nation to a court of another sovereign nation

State govt has vision to turn Maharashtra into $1 trn economy: Governor

Governor Ch. Vidyasagar Rao says this will be achieved by increasing growth in sectors like agriculture, textile and tourism