Page 2784 - Economy & Policy News

Coal India allotted 11 new mines in Odisha, Jharkhand, Bihar: Piyush Goyal

Of the 11 mines, five are deallocated blocks and six are fresh mines

Coastal shipping of coal is set to double to 63 mn tonnes by 2023: CRISIL

Bulk of the coastal coal movement in the country happens from the eastern coast

Budget 2018: Reeling under dwindling exports, AEPC seeks several relief

The apparel export body has made around 8-10 demands ahead of the Budget 2018

Around 94% of polished diamond to benefit from lower GST rate of 0.25%

Apart from freeing up blocked working capital, move will help overcome ambiguity in tax structure and avoid mis-declaration and tax evasion

Metro construction companies could offset increased cost with lower GST

Larsen and Toubro is building Rs 160-bn metro rail project

GST compensation cess collection lower than states' shortfall in December

The cess collected in December was Rs 78.5 billion, as against the shortfall of Rs 88.9 billion

Recapitalisation bonds for reviving PSU banks won't have same tenure

During the present recapitalisation exercise, the bonds will have non-SLR status and will be non-tradable

WEF: PM to interact with over 100 CEOs in Davos, apprise them of reforms

Modi will also host a round table dinner on 22 January for 60 top CEOs at Davos

Narayana Murthy panel pitches for friendly tax regime for AIFs

Panel has suggested a suitable tax and regulatory framework for domiciliation of AIFs in IFSCs

Physical banks will become history in next 3 years in India: Amitabh Kant

In the next three-four years, India will have a billion plus smartphones, Kant said

Uttar Pradesh sugar mills owners meet CM Adityanath, seek bailout package

Millers had met CM in Lucknow over sugar price fall, possible fallouts

Mauritius largest source of FDI in India followed by US, UK: Reserve Bank

Of the 18,667 companies that participated in the census, 17,020 had FDI/overseas direct investment in their balance sheets in March 2017

Aadhaar linking to eliminate multiple provident fund accounts: Official

Since July 1 2017, Universal Account No (UAN) generation requires mandatory Aadhaar seeding, bank details and mobile number

Smart City Mission: 3 Uttar Pradash cities among 9 added, total now at 99

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

Zipping down Agra-Lucknow Expressway to cost from midnight onwards

The toll will vary from vehicle to vehicle and will be applicable on vehicles travelling from both sides

Over 21,000 new registrations on Day 1 of e-way Bill portal launch

The implementation of the nationwide e-way Bill mechanism under GST regime was assigned by GSTN to the National Informatics Centre

Indian cryptocurrency investors get I-T notices as trading hits Rs 224 bn

Bitcoin, the world's biggest cryptocurrency, soared more than 1,700 percent last year, hitting a record high just shy of $20,000

Reinsurance regulations to be out by February end: IRDAI chairman Vijayan

When asked about what regulations are expected, he said life insurance product regulations are in the pipeline but will take some more time

Swiss President to discuss trade pacts with Modi in Davos next week

The two leaders will also discuss, among other trade and business matter, the envisaged free trade agreement between India and the EFTA

Boost for Nuclear Suppliers Group entry? India now in 'Australia Group'

Reacting to India's entry to the group, Ministry of External Affairs spokesperson Ravish Kumar said it would be "mutually beneficial and to help in non proliferation"