Page 2843 - Economy & Policy News

India Inc's M&A activity grows 55%; at $3 billion in Nov

November did not see any deal in the billion dollar category compared to one in October

How India moved up 4 notches to 100th spot on global prosperity index

In India, number of people saying there had been times when they did not have enough to eat rose from 26% to 35%

Christmas-New Year airfares aren't hitting the roof yet

Increase in network and fleet expansion by domestic carriers have resulted in airfares not climbing steeply

Food on track: Railway catering to get a facelift after IRCTC takeover

Plans are also afoot to rope in multinational players that operate lounges in airports across the world

India's fuel demand rises 6.2% in November

Sales of bitumen, used for making roads, were 16.4 per cent up, while fuel oil use edged unchanged in November

HC relief for companies on pre-GST credit

The order is important because the deadline for filing TRAN 1, the form for claiming tax credits on pre-GST stocks, is December 27

Farm debt waivers not favoured by ex-RBI heads

D Subbarao said bank accounts don't translate to financial inclusion; Bimal Jalan said financial inclusion had to be combined with financial stability

Stock of external debt falls after years

India's sovereign debt is much lower than that of other emerging economies

E-payments rise marginally in volume, dip in value

The volume for Real Time Gross Settlement for October was 10 million, a marginal rise from 9.6 million transactions in September

Green bonds issuance likely to swell soon

Proposed RBI guidelines to give a boost to the instruments

India seeks permanent solution to food stockpile issue: Prabhu at WTO

India also asked them to refrain from raising new issues, especially those which are not linked to trade

Output woes continue at auctioned coal blocks

The government also allotted 11 mines to state energy departments for meeting their power demands

Road safety bill at political crossroads

Opposition-ruled states of Kerala, Karnataka, and Tamil Nadu opposing the Bill as they fear losing some of their powers

States slow in spending funds allocated under Krishi Vikas Yojana

Till December 4, around 38% of the scheme's fund is lying unspent as states haven't requested the second installment or didn't provide utilization certificates for the first one

Copper producers face uneven playing field

Free trade agreements with Asean and Japan have resulted in over a third of the country's copper consumption being imported

Got assurance on resolution of tax notice issue: Nasscom

During the meeting, the apex software body also discussed issues related to Place of Effective Management (POEM) and refund of service tax, amongst others

Centre sets up NIC-CERT to detect, prevent cyber attacks on govt networks

He said there has been an exponential growth in cyber attacks, leading to concerns of data theft

Govt considering developing own civilian aircraft

Currently, aircraft are imported or taken on lease from overseas lessors

Deposits made by public in financial institutions will be protected: FM

Jaitley said the government's massive Rs 2.11 lakh crore capital infusion plan in banks was to strengthen banks

Farm loan waiver gets thumbs down from former RBI governors

Reddy noted that every political party in India has offered such waiver in some state or the other or at an all- India level