Page 2861 - Economy & Policy News

Former DEA secretary Shaktikanta Das confirmed as G-20 sherpa

The last G20 summit, held in Hamburg in July this year, had discussed sustainable development and volatility in global currency markets at length

Govt eases transfer pricing dispute settlement

The revenue department had earlier taken a position that unless a tax treaty contained a provision of corresponding adjustment in TP matters

Gram sowing up on hope of better prices

Wheat waits for more benign weather in some parts this rabi; planting complete in about half the normal area

Textile exports may fall 10-15% in FY18 following paring of tax exemptions

Rising rupee, shift of import orders to competing countries to add to sector's woes; readymade worst hit with 41% decline in October

Crisil's urges focus on labour-intensive sector's issues as exports fall

Rating agency says note ban and GST had further blunted the export edge of garments, leather and jewellery sectors

South India tea exporters hit as Rs 100-cr GST refund still stuck with govt

Tea exporters are in a dilemma over whether they should conclude future export contracts or not due to their financial constraints

Online public procurement saves govt Rs 525 crore

Government e-marketplace has seen purchases worth Rs 2,100 crore since August 2016

Willing to extend all Aadhaar linking deadlines to March 31: Centre to SC

Supreme Court has said it will hear Aadhaar pleas after concluding the Delhi-Centre matter

PSBs may face Rs 40,000-cr loss due to bad loans

Write-offs by commercial banks reach Rs 65,800 crore in first half of FY18

Capex of Centre, states may have slowed in Sept quarter

Data released earlier by CAG shows capital expenditure by the Centre had contracted 9.2 per cent in Q2

Govt puts RITES, Ircon disinvestment on track

The government is planning to divest up to 25 per cent of 200 million shares of the company

Centre to tweak a 26-year-old industrial policy to make India future ready

The proposed policy will completely revamp the Industrial Policy of 1991

Fog hits Railways: 46 trains cancelled between Dec 1 and Feb 13

Frequency of 28 trains have been reduced during this period, 8 trains partially cancelled, 4 diverted

Rupee scales new 2-month high of 64.50, soars 20 paise vs dollar

The rupee has appreciated 31 paise last week

Post rate cuts, GST collection for Oct dips to Rs 83,346 cr from 5 mn biz

5 mn returns have been filed for the month of October till 26th Nov

Shaktikanta Das appointed India's G20 Sherpa until December 2018

Sherpas, who are representatives of leaders of G20 member countries, coordinate on the agenda of the summit

Former Planning Commission member N K Singh to lead 15th Finance Commission

Other members of Finance Commission are Shaktikanta Das, Anoop Singh, Ashok Lahiri and Ramesh Chand

Govt's subsidy schemes, tech upgradation to aid 2.5 mn ailing powerlooms

On offer: max 20% of project cost as margin money subsidy, 6% interest subvention for five years

Asian Development Bank to extend $20 bn loan to India over 5 years

To accelerate the inclusive economic transformation of India

Export incentives are investment, not subsidy: Suresh Prabhu

Citing the example of China, he said the country has created several allies by becoming the largest exporter in the world