Page 2758 - Economy & Policy News

Modicare rollout modalities: Finance, health ministries to discuss in Feb

The health ministry will draft the scheme, which is likely to be launched either on August 15 or October 2, after consultation with states

Modi discussed defence with Palestine, says foreign secy, gives no details

The Foreign Security also underscored that India does not have any specific defence cooperation with Jordan by far

Glad that this govt won't present 6th Budget: Chidambaram on Budget 2018

Chidambaram added that the government could have chosen to solve one of the challenges of fiscal consolidation, acute distress in the farm sector, delivery of welfare and job creation

Sebi scanner on Fortis case after Singh brothers 'take out' Rs 4.73 billion

We are examining the Fortis issue: Sebi Chairman Ajay Tyagi told reporters after a board meeting of the regulatory body

In six-fold increase, 25 mn Indians to be exposed to severe floods by 2040

India has a national level protection policy but none at the regional or the city levels, unlike developed countries such as UK and Germany

NTPC regulates load in the east as southern states buy more green power

Move follows shift in southern states from thermal power to solar and wind energy

Mines to be auctioned to solve mining industry crisis by Dec end: Parrikar

CM Parikkar dismissed the possibility of his government taking any legal recourse in response to the SC's order of banning mining activity

No essential service can be denied for want of Aadhaar, says UIDAI

UIDAI said it has taken a serious note of some of the reported cases where want of Aadhaar had resulted in the denial of essential services like hospitalisation or medical help

Oil prices uncertain, fiscal slippage unlikely, says FM Arun Jaitley

Said fiscal situation would be comfortable next financial year and there were no concerns about slippages from deficit targets

Fiscally, we are anti-Keynesian

Achieving fiscal balance should be govt's long-term plan, but the glide path should be a function of the state of the economy, with flexibility to overshoot during tough times

Don't look for ready-made solutions: IBBI chief to insolvency professionals

The IBBI is implementing the IBC, under which resolution process needs to be completed within 270 days

Govt sanctions Rs 14.9 bn to Army to fortify its bases in J&K, other areas

This comes amid heightened hostilities between Indian, Pakistani armies along Line of Control in Jammu and Kashmir

Boost for agriculture, rural development in pre-poll Chhattisgarh budget

Budget outlay set at Rs 831 billion with 29% increase in agriculture sector

Rules on cryptocurrencies and role of regulators to be out soon: Sebi chief

SEBI Chairman Ajay Tyagi is a part of the committee formed by the government to examine the pros and cons of virtual currencies

RBI and Sebi need to be cognizant of stock market bubble risk: Urjit Patel

Patel said the correction in the last few days underscores that market indices can move pretty quickly

Stopping foreign derivatives of Indian indices not retrograde: SEBI chief

Ajay Tyagi also said the exchanges want that liquidity from India should not be split or shifted abroad

From fiscal health to monetary policy: Everything Jaitley, Urjit Patel said

FM Jaitley said there was now an increased reliance on the bond market as far as credit was concerned

Amid strained ties with TDP, Centre allocates Rs 12.69-bn for Andhra

The grant also includes Rs 4.17 billion for the Polavaram multipurpose project

NDA govt's growth rate lower than UPA's 10-year average: Chidambaram

Finance Minister Arun Jaitley in his Budget 2018-19 speech said that Indian economy had performed very well since the NDA government took over in May, 2014

Stock market bubble won't cause any major problem, says Urjit Patel

Patel said RBI and Sebi need to be cognisant of stock market movements