Page 674 - Economy & Policy News
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
 "Centre plans to tweak allocation of FAME funds for electric 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
 "GSTN defers implementation of e-invoice reporting time limit by 3 months")
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.
 "India's imports from OPEC hits all-time low at 46% as Russia oil buy peaks")
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
 "Decoding the fine print of pension schemes: What's good, bad, avoidable")
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
 "Inflation slightly above 'tolerance limit', govt working to control it: FM")
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
 "Defence firm Thales faces French bribery probe over India Mirage deal")
Crowdsourcing ideas: IBBI seeks public views on IBC regulations till date
Stakeholders asked to share comments on all regulations by December 31
 "Crowdsourcing ideas: IBBI seeks public views on IBC regulations till date")
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
 "Rejection rates of DGTR's proposals by FinMin to impose duties rise")
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
 "SJVN bags 100 MW solar project worth Rs 600 cr from Raj's Urja Nigam")
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
 "India considering allowing foreign investment in nuclear power industry")
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.
 "67 first mile connectivity projects may complete by 2027: Coal Ministry")
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
 "Govt receives nine EoIs for Rs 41,000 cr int'l transhipment port project")
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
 "CAs, CSes concerned about new tweaks in anti-money laundering law")
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
 "Pernod Ricard India and NSDC to provide skill training to 240 transpersons")
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
 "GST and states, a reality check of how indirect tax system is working")
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
 "Smartphones must not disable FM radio feature by default, says Centre")
For a veg thali of Rs 100, Indians paid Rs 109 in 2022; Rs 132 for non-veg
The rise was sharper in the case of non-veg thali because chicken prices rose 55% between April and December
 "For a veg thali of Rs 100, Indians paid Rs 109 in 2022; Rs 132 for non-veg")
Chhattisgarh govt taking various measures towards women empowerment
According to the India Index report 2020-21 released by NITI Aayog, Chhattisgarh ranks first in terms of gender equality
 "Chhattisgarh govt taking various measures towards women empowerment")
14 social sector ministries integrated data with PM GatiShakti platform
As many as 14 social sector ministries, including Health and Panchayati Raj, have integrated their data on the PM GatiShakti National Master Plan platform, the commerce and industry ministry said
 "14 social sector ministries integrated data with PM GatiShakti platform")
States used Rs 82K cr of Rs 1 trillion capex support allotted in FY23
The Centre has provided 50-year, interest-free loans to states to augment their capital expenditure requirements in the past three Budgets