Page 2867 - Economy & Policy News

Bharat-22 ETF could generate good returns

The government will be happy since the Rs 14,500 crore it received will go towards the disinvestment target of Rs 72,500 crore for 2017-18

India's solar capacity grew over 15% q-o-q in July-September period: Report

According to the survey by Mercom Capital, with the addition of 2,247 Mw, the cumulative installed capacity between January-Spetember 2017 stands at 7,149 Mw.

EPFO relaxes norms for pensioners to file life certificates

EPFO says it will help pensioners in submitting the Jeevan Pramaan certificate with ease

Odisha sore with IOC over timeline revisions for petrochem units

IOCL has already invested Rs 35,000 crore on its 15 million tonne per annum (mtpa) crude oil refinery at Paradip.

Cabinet approves signing of customs agreement between India, Philippines

The pact would provide a legal framework between the customs authorities of the two nations

Electric vehicle fleet can create $300 bn domestic battery mkt: Niti report

To meet India's domestic EV battery requirements, the country would need around 20 Giga factories, each of which entails an investment of $ 5 billion

Cabinet approves 15th Finance Commission, to be in place by 2020

Jaitley also said that the 15th Finance Commission would be in place before April 1, 2020.

Govt sets up six-member task force to draft new direct tax law

Chief Economic Adviser Arvind Subramanian will be a permanent special invitee in the task force

M&A transactions touch $2.1 bn, PE deals surge to $8.7 bn in Sept quarter

The most notable deal of the quarter was Dilip Buildcon Ltd's sale of its stake in 24 road assets to Shrem Group

Cabinet okays changes to insolvency and bankruptcy code to block defaulters

Changes to help prevent wilful defaulters from bidding for stressed assets

Cabinet approves proposal to hike salaries of HC, SC judges

The cabinet decision follows the implementation of recommendations of the 7th Central Pay Commission in respect of civil servants

Cabinet nod to India's membership of European Development Bank

The membership would help India leverage the technical assistance and sectoral knowledge of the bank for the benefit of the development of private sector

TN investment pipeline highest in FY18 despite slowdown: JLL study

Employment commitment from industries is over 30,000 direct jobs in semi-skilled, skilled and unskilled categories

Government approves wage revision for CPSE workmen

No budgetary support for any wage increase shall be provided by the government. The entire financial implication would be borne by the respective CPSEs from the internal sources.

Yogi govt sets up investment promotion board in UP

Leading industrialists inducted as members

Finance Commission to wage policy, key decisions taken by Cabinet today

The Cabinet also approved Wage Policy for the 8th round of wage negotiations for workmen in central public sector enterprises

Restaurants not passing on GST benefits to consumers: Survey

Over 7,000 people voted in this poll

Delhi-NCR property prices down 5%: Note ban, delayed RERA, GST cast gloom

NCR is considered as the largest real estate hub in the country

Onion prices soar to Rs 65/kg amid inflation, delay in Kharif harvest

In Tamil Nadu's Salem district, prices have skyrocketed to Rs 160-170 per kg

GST rate cut: FMCG firms slash product prices

Products whose GST rate was rationalised to 18% included chewing gum, chocolates, preparation for facial make-up, shaving and after-shave items, shampoos, etc