Page 668 - Economy & Policy News

India frets over US proposal seeking advance tariff notices at IPEF

Fears reduction in policy elbow room; wants industry's views

India's diesel sales soar, overall fuel consumption eases in April

Consumption was down to about 18.41 million tonnes from 18.45 million a year ago

Home buyers likely to get some relief from insolvency proceedings

The move is intended to reassure home buyers while also providing a tailored debt resolution regime for the real estate sector

Per capita GDP for Bangladesh higher than India till 2022, says IMF

Despite having the fastest growth, India experienced a contraction in FY21, and growth is expected to slow down during the current fiscal year

Centre plans to tweak allocation of FAME funds for electric buses

Unutilised Rs 2,000 cr under E3W category may be used to sponsor 3,000 e-buses

GSTN defers implementation of e-invoice reporting time limit by 3 months

GSTN has deferred by 3 months the implementation of time limit for businesses with turnover of over Rs 100 crore to upload their old e-invoices

India's imports from OPEC hits all-time low at 46% as Russia oil buy peaks

Oil producers cartel OPEC's share in India's oil imports fell to an all-time low of 46 per cent in April as purchases of cheaper Russian oil peaked, industry data showed.

Decoding the fine print of pension schemes: What's good, bad, avoidable

While OPS is open to government employees who have completed at least 10 years of service, NPS is open to all citizens of India between the ages of 18 and 60

Inflation slightly above 'tolerance limit', govt working to control it: FM

India's annual retail inflation for March rose at the slowest pace in nearly 15 months

Defence firm Thales faces French bribery probe over India Mirage deal

A preliminary investigation has been opened into allegations by Sanjay Bhandari, who said in a court case that he served as a middleman to help Thales win the contract

Crowdsourcing ideas: IBBI seeks public views on IBC regulations till date

Stakeholders asked to share comments on all regulations by December 31

Rejection rates of DGTR's proposals by FinMin to impose duties rise

The rejection rate of commerce ministry's recommendations to impose anti-dumping and countervailing duties on different imported products by finance ministry has gone up substantially

SJVN bags 100 MW solar project worth Rs 600 cr from Raj's Urja Nigam

State-owned SJVN Ltd has bagged 100 MW solar power project worth Rs 600 crore from Rajasthan Urja Vikas Nigam Ltd

India considering allowing foreign investment in nuclear power industry

The recommendations will next be submitted to Modi's office, said the officials, without giving a timeline

67 first mile connectivity projects may complete by 2027: Coal Ministry

As many as 67 first-mile connectivity (FMC) projects are expected to be completed by 2027, an official statement said on Friday.

Govt receives nine EoIs for Rs 41,000 cr int'l transhipment port project

Ports ministry has received EOIs from 9 players for Rs 41,000 crore international transhipment port project at Great Nicobar Island in the Bay of Bengal, a senior government official said

CAs, CSes concerned about new tweaks in anti-money laundering law

A major concern for the professionals is that if their clients are up to some mischief behind their backs, they would also be charged under the PMLA

Pernod Ricard India and NSDC to provide skill training to 240 transpersons

It will be a placement-linked skill training programme where candidates will get skill training across job roles

GST and states, a reality check of how indirect tax system is working

Early fears about the regime have not come true, but there is room for improvement

Smartphones must not disable FM radio feature by default, says Centre

The disabling of the feature had an impact on the central government's ability to disseminate real-time information, the ministry said