Page 2772 - Economy & Policy News

ONGC buys govt's entire 51.11% stake in HPCL for Rs 369 billion

The price paid is higher than Rs 396.50 closing price of HPCL on the BSE

Madhya Pradesh govt asks wind energy firms for discounts on dues

State government officials claim they have an agreement on around 150 PPAs for waiver on the monthly bill and late payment surcharge

West Bengal rolls out state budget with increased focus on welfare schemes

West Bengal's fiscal deficit this year has been pegged at about Rs 270 billion, against Rs 254 billion last year

Government to invite fresh applications for RBI deputy governor post

The deputy governor will draw a fixed salary of Rs 225,000 per month plus allowances

Syringes and needles maker put trade margin cap of 75% after NPPA nudge

Pricing regulation on medical devices gains momentum

High Court asks Delhi govt to examine new Rs 50, Rs 200 notes

The HC asked Centre and RBI to examine the notes after a PIL by advocate Rohit Dandriyal asked authorities to withdraw the notes as they did not have any identification marks

Recap bonds: Govt fixes coupon rates up to 7.68% with six maturities

Recapitalisation bonds will be given to 20 public sector banks during the current fiscal for meeting regulatory capital requirement

FY17 GDP growth unchanged at 7.1% and GVA growth revised to 7.1% from 6.6%

The estimates of GDP and other aggregates for the years 2014-15 and 2015-16 have undergone revision due to use of latest available data on agricultural production

Eight core sectors' growth slows to five-month low of 4% in December 2017

It was 7.4% in November; performance of coal and crude oil most negative

'EU shouldn't ban or blacklist seafood exporters over consignment issues'

EU increased sample size from 10% to 50% for testing seafood consignments from India unfair but kept the same at 10% for other exporting countries

Mohandas Pai suggests Yogi Adityanath to appoint young IT minister

'UP can learn from Karnataka IT model'

Central Railway to run 452 special trains to clear summer vacation rush

The Central Railways will run two teachers' special trains between Lokmanya Tilak Terminus and Varanasi and all the summer special trains will have special fares

Jayant Sinha bats for low-cost long-haul flights to Europe, West Coast

Says India being a price-sensitive market, such flights will be popular

World Bank to lend $100 million to boost Tamil Nadu's rural economy

A new platform will celebrate innovative solutions of rural entrepreneurs

India reaches 20 GW in installed solar capacity 4 years ahead of target

The top state for solar installations was Telangana, followed by Karnataka, Andhra Pradesh, and Rajasthan

Budget 2018: FRBM fiscal deficit road map obsolete last year - CEA

Conditions were different when report came out; Budget won't be outright populist, govt must show fiscal discipline, says CEA

UK offers India finance for buying Hawk jets; New Delhi not sure about deal

London looks to get past capital budget shortfall to land 20-aircraft deal

No orange passport for those with ECR status, last page will be printed

On January 12, the External Affairs Ministry said that India has decided to do away with the last page of the passport that contains the names of the spouse, parents and address of the passport-holder

World Bank commits $100 million to boost Tamil Nadu's rural economy

The Tamil Nadu Rural Transformation Project will create an enabling environment for producer organisations and enterprises to promote businesses, finance ministry said in a statement

Rs 800-bn bank recapitalisation bonds to have 10-15-year tenure: Jaitley

Coupon rate fixed at 7.35-7.68%