Page 2826 - Economy & Policy News

Economists ask Jaitley to hike pension, maternity benefits

The economists who signed the letter included Jean Dreze , Abhijit Banerjee, Ajit Ranade, Jayati Ghosh, Kirit Parikh, Mihir Shah, Rohini Pande, and Vijay Joshi

Top-slab corporate incomes shot up by 48% in 2014-15

Looking deeper into more detailed tax brackets yield some interesting insights into income growth in India

Upfront cash criteria to bid for stressed assets not feasible: Bidders

The upfront cash to be paid to the banks will not make it feasible to bid for the large assets

New Consumer Protection Bill gets nod

Celebrities endorsing misleading ads are also liable for fine and ban of up to three years

Excise, VAT may co-exist with GST on fuel

GST Council may try to build consensus among states over imposing GST on fuel

Govt clears Rs 1,300-cr skill dev scheme for textile sector

The scheme will cover the entire value chain of textiles, excluding spinning and weaving in the organised sector

MPC concerned about oil prices, capital formation, fiscal slippage

Monetary policy should be ready to go on to the front foot, says Michael Patra

Carmakers want 5% GST, income tax sops to push e-vehicles

Siam says full electric mobility possible by 2047

API cost increase to hit pharma firms' profit

In the past two months, the prices of API imported from China have gone up by 30-50 per cent

Richest 1% earn 20% of global income

By 2014, the share of the top 1% in total income had risen to 22%, while the richest 10 per cent accounted for 56% of national income

PM Modi asks BJP to promote young leaders

The PM said party members should not give a ear to the "disinformation campaign" by the Opposition

Youth unsatisfied: NITI Aayog Vice-Chairman

He said poverty estimates were just theoretical exercise, without much practical relevance to policy-making

Rs 6,000-crore equity held back from laggard state-run banks

The Central government had announced Indradhanush in 2015 to infuse Rs 70,000 crore out of budgetary allocation

IAF issues request for proposal to HAL for procurement of 83 Tejas LCA

The Mark-1A version of Tejas will have additional improvements over the earlier model, and is set to have mid-air refueling, updated internal Radar Warning Receiver and an AESA radar

RBI prescribes additional corrective measures against United Bank of India

The RBI, based on the assessment of the bank's position as on March 31, has ordered UBI to undertake a slew of actions focused on 'profit retention'

Most PSBs didn't meet performance target to qualify for recap

As part of Indradhanush Plan to revitalise state-owned lenders, the government had proposed to infuse Rs 70,000 crore out of Budgetary Allocations in them

Rs 30,000-cr bond opportunity in power transmission: Crisil

The credit risk profile of ISTS projects is strong because of assured cash flows, low operations and maintenance

Faceless I-T e-assessment from next year; CBDT forms committee

The initiative was launched to reduce visits by taxpayers to I-T offices and their interface with the taxman, thereby curbing corruption.

US takes India back to WTO in solar power dispute for non-compliance

The United States had complained to the WTO in 2013, saying that India's solar programme was discriminatory and U.S. solar exports to India had fallen by 90 percent from 2011

Over 1 lakh safety-related posts in railways lying vacant: Govt

The complete recruitment process, MoS Railways said, takes one-and-a-half to two years.