Page 2828 - Economy & Policy News

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.

350 infra projects show cost overrun of Rs 2.65 lakh cr: Govt

Major steps have been undertaken to ensure completion of Central Sector Infrastructure Projects without time and cost overruns

100% electric vehicles in India? SIAM presents roadmap for shift by 2047

SIAM has made these recommendations in the White Paper on Electric Vehicles submitted to the government in line with the vision of Modi Government

Budget 2018: Automakers want only 2 GST rates for passenger vehicles

The industry body has also sought a special tax rate of 12% for electric and hydrogen fuel cell-powered vehicles

All Bihar villages will be electrified before 2018, says Sushil Kumar Modi

Now, there will be no problem of power connection in any village of the state: Sushil Kumar Modi

How to prevent India's rural poor from missing out on a green jobs boom

The reason for the fear is that in 2016, India's clean-energy sector employed 385,000 workers but mostly on contract

IBC resolution of steel firms pushed to FY19

Lenders to miss Dec-end deadline for Essar, Bhushan Power, Electrosteel, Monnet Ispat

Macquarie, Citigroup bet on rural stocks after Modi's slim poll win

The BJP won 72% of the seats from urban areas, while the main opposition party got 89% of their seats from the villages

Govt recovered less than 9% service tax arrears in FY17: CAG

The department had an opening balance of Rs 2,658.31 crore in arrears to be realised in 2016-17

CAG pulls up I-T dept for not adopting uniform mechanism

It also noted that AOs were allowing or disallowing amounts pertaining to bogus transactions arbitrarily

CAG raps FSSAI over licensing process, poor food testing labs

The FSSAI also failed to ensure that unsafe foods are not imported to the country, said the CAG

Investment outlook stays dim, job scene picks up

Karnataka, Gujarat, Maharashtra get most investment proposals

Tackling farm distress should be BJP's top priority: Experts

A big takeaway from the Gujarat polls was the BJP's inability to reclaim its rural seats in some parts of the state

All promoters not debarred from bidding: NCLT

The tribunal said the intent of the ordinance was not to disqualify promoters as a class from submitting resolution plans

Insolvency ordinance: SME promoters may get leeway

The government move is driven by the realisation that SMEs are usually promoter-driven and attract resolution mainly from the promoters themselves

Extend pre-GST duty drawback rates till June, suggests Parliamentary panel

The committee also suggested that a simplified system for filing of refunds needs to be devised for the ease of doing business