Page 2783 - Economy & Policy News

WEF: Gender parity can boost India's GDP by 27%, says IMF chief, Norway PM

Said giving women and girls opportunity to succeed is not only the right thing to do but can also transform societies, economies

Rakes shortage hits firms: Steel ministry talks with Railways to find a fix

Railway rakes are those wagons that carry various raw materials like coal and iron ore to industrial plants

Wi-Fi in the sky: Domestic airlines cold to on-board call, cite high cost

AirAsiaIndia said it's "always ready to offer services that will enhance ultimate in-flight customer experience through digital offerings"

FPIs eye earnings recovery, put Rs 87 bn into capital markets in Jan so far

According to the depositories data, FPIs infused in a net amount of Rs 57.69 billion in equities and Rs 29.40 billion in the debt markets during January 1-19

Remove sunset clause on tax benefits for SEZ units: Commerce ministry

According to industry experts, the clause that indicates the date in advance on which tax incentives will cease to exist is a retrograde step and would impact investments and job creation

Relief for used car players as GST rate slashed for second-hand vehicles

The abolition of the cess on ambulances was positive for Force Motors, the largest player in that segment, India Infoline added

RBI's Acharya moots US-style trading platform for distressed assets

The RBI deputy governor said stakeholders should at least discuss whether there was value to building something like this as the US had built the LSTA over a period of time

Seafood importers, exporters meet to address shrimp antibiotic issue

The aim is to create a shared understanding of the current situation and to develop a strategy to limit the use of antibiotics in the Indian shrimp sector

India needs infrastructure push to sustain economic growth; here's why

As per estimate, as much as Rs 10-15 trillion of annual investment in infrastructure over the next five years will be needed to sustain the desired rate of economic growth

IMF, World Bank laud Reserve Bank of India for 'strengthening' supervision

The report commends the RBI for the remarkable progress in strengthening banking supervision since the last FSAP

Container freight station operators tweak logistics strategy to save costs

Firms shift to unnotified warehousing to escape the brunt of direct-port-delivery

Make in India: Providing 'local content' percentage mandatory for Railways

Railways in fact was in the eye of a storm when domestic steel producers had objected to the ministry's decision to buy rails through a global tender on December 18 for the first time

Italian delegation shows interest to invest in Nalco's Angul aluminium park

Italian Consul General in India stressed on an improvement of bilateral relations between India and Italy

Odisha's export turnover may touch Rs 1 trillion before 2025: Minister

The state is going to have a new export strategy soon which is being prepared in consultation with FIEO: Prafulla Samal

No dearth of rehab projects, yet states drag feet on spending DMF funds

Only Rs 22.6 bn spent out of total collection of Rs 137.5 bn, though there is no dearth of projects for the mining-affected population

New Smart cities: From UP's Bareilly to TN's Erode, here's the full list

Under the scheme, each city will get Rs 500 crore from the Centre for implementing various projects

Budget 2018: Unfair to judge me on demonetisation and GST only, says Modi

On the criticism related to demonetisation and GST, Modi said his government's achievements were much beyond these two reforms

India's biggest challenge: So many young people, so few good jobs

Policies to promote better jobs for the country's huge under-35 population may hold the key to the country's economic development

I-T notices to cryptocurrency investors on suspicion of tax evasion

The income tax department has also inquired whether the users have brought or sold cryptocurrency from websites registered outside the country

Stopping promoters' bids will severely impact recoveries: Hemant Kanoria

Banks have to be selective in pushing cases to the NCLT, cautioned the Srei Infrastructure Finance CMD