Page 2761 - Economy & Policy News

Budget 2018: Govt mulls comprehensive policy for refined pure gold export

The Budget has mentioned the setting up of a comprehensive Gold Policy

India's renewable energy project tendering to be an all-time high in FY18

With the govt tendering close to 6,650 Mw of renewable energy projects in February alone, the total projects offered during 2017-18 will exceed a combined 10,000 Mw capacity

No upper limit to durations of contract farming, says panel

Stakeholders in the farming sector have suggested the maximum time limit be done away with

Budget gave Rs 120-bn relief to salaried class, senior citizens: Jaitley

Observing that India has missed the tag of fastest growing economy by 0.1 per cent, Jaitley said, that as per the IMF, India will again become the fastest growing economy

AutoExpo 2018: Govt to announce new auto policy, another one on EVs soon

The auto policy will address all industry concerns, including those on tax

India to have 855 million air passengers in 2030-31: Govt tells Parliament

In the Budget announcement last week, the government had proposed to enhance airport capacity to more than five times to handle a billion trips a year

India to seek lower oil prices from Saudi Arabia, US: Dharmendra Pradhan

Saudi Oil Minister Khalid A Al-Falih will visit India on February 23-24 while US Energy Secretary Rick Perry would be here between February 28 and March 1

Cash in economy back to the pre-demonetisation level of Rs 18 trillion: NCR

NCR Corporation's MD Navroze Dastur said demonetisation, and the scarcity of cash created because of it, did impact the ATM business

Railways moves to solve winter woes, enhances fog speed limit to 75 kmph

Railway board also decided that railway zones should scrap "uneconomic stoppages" of mail or express trains

30 mn more free LPG connections for poor by 2020 at 48-bn cost: Pradhan

Already, 33.6 million connections have been given under Pradhan Mantri Ujjwala Yojana

Centre gave Rs 36.62 million for 90 border outposts in Jammu: Mufti

Rs 21.28 million has been disbursed as compensation for land out of the total Rs 36.62 million received from Centre, Mufti said

India's refining capacity to rise 77% by 2030; RIL's to expand 44%: Report

Reliance Industries Ltd, operator of the world's biggest refining complex in Gujarat, aims to expand its overall capacity by 44% to about 2 million bpd by 2030

Long way to go: Despite progress, India ranks 44 out of 50 in US' IP index

India's overall score has increased substantially from 25% (8.75 out of 35) in the 5th edition of the Index to 30% (12.03 out of 40) in the 6th edition

Government changing definition of MSMEs to be in sync with GST

The announcement came on a day when the Reserve Bank of India announced some relief to the sector

Now, Centre to link driving licence with Aadhaar to weed out fake ones

The bench said it was "heartening to know" that number of fatalities and injuries in road accidents have come down

China warns against external interference as Maldives seeks India's help

Exiled former President of Maldives Mohamed Nasheed has also accused authorities of ill-treating Justice Ali Hameed and has sought release of President Gayoom

RITES may get into station development by acquiring 25% stake in IRSDC

RITES is strategically important to the railways because it has operations in 55 countries of the world

Insolvency rules tweaked to maximise bid value, period of restructuring cut

Restructuring time for stressed assets reduced by 15 days

Centre's FY19 mop-up from cess, surcharges to be higher than budgeted capex

The govt hopes to collect Rs 3.02 trillion from cess and surcharges in 2018-19; by comparison, entire capital expenditure for FY19 is pegged at Rs 3 trillion

From capital to good demand, here's what is driving venture debt in India

Venture debt firm invest only in start-ups which are backed by VCs and have raised Series-A and Series-B round of capital