Page 922 - Economy & Policy News

With comfortable coal stocks, no power crisis likely this festive season

With coal used to produce almost 70 per cent of electricity, officials are confident that the 2021 crisis will not be repeated this festive season that kicks in a week's time.

Tax collections to continue rising trend in coming months, say experts

Gross direct tax collection grew 30% to Rs 8.36 lakh crore in April to mid-Sept period of current fiscal on increased corporate tax and personal income tax mop up due to increased economic activity

India matters more in current polarised world, says EAM Jaishankar

What the state of the world actually reveals in a way is that India matters more. We are a bridge, we are a voice, we are a viewpoint, a channel," Jaishankar said

Engineering sector MSMEs seek production linked incentive scheme

An engineering sector's body of MSMEs has demanded from the government to announce a PLI scheme for the industry to boost domestic manufacturing, exports and job creation

393 infra projects show cost overruns of Rs 4.65 trillion, says report

As many as 393 infrastructure projects, each entailing an investment of Rs 150 crore or more, have been hit by cost overruns of more than Rs 4.65 trillion, as per a report

Jaishankar discusses Ukraine, G20 and UN reforms with Russia's Lavrov

"We discussed a number of issues. Some part of my meeting was focused on our bilateral cooperation because Russia is a major partner in many domains," Jaishankar said

Sardar Sarovar dam's hydropower output nearly doubles this year

Good rainfall in the catchment area of the Sardar Sarovar dam in Gujarat's Narmada district has led to the generation of 2,142 million units (MUs) of hydropower so far this year

Ayushman Bharat Digital Mission crosses 10 mn digitally linked records

Union Health Minister Mansukh Mandaviya stated that the country has achieved another milestone in its digital health journey

India on track to attract $100 bn FDI this fiscal on back of reforms: Govt

India is on track to attract USD 100 billion foreign direct investment (FDI) in the current fiscal on account of economic reforms and ease of doing business, the government said on Saturday

'Make in India' completes eight years, annual FDI nearly doubles to $83 bn

Annual Foreign Direct Investment (FDI) nearly doubled to $83 billion as 'Make in India', the flagship scheme of the government to facilitate investment and foster innovation, completed eight years

NGT stalls Odisha govt's Bali Jatra riverfront project in Cuttack

The National Green Tribunal has imposed restrictions on the Odisha government's ambitious Bali Jatra project, for which the Cuttack district administration had reclaimed an area

Manmohan Singh extraordinary but Indian economy stalled under UPA: Murthy

IT czar and Infosys co-founder NR Narayana Murthy on Friday lamented that economic activities in India were stalled during UPA government

AB-PMJAY substantially reduced out-of-pocket expenditure of poor: Mandaviya

The cashless treatment facility provided by Ayushman Bharat-PMJAY scheme for poor and underserved families has substantially reduced their out-of-pocket expenditure Mandaviya said on Friday.

Draft telecom Bill recommends Truecaller-like service for users

Vaishnaw says the service will be available for apps such as WhatsApp, Telegram

Hospitals flag concern about new CGHS rates for patient admissions

Hospitals asked to give 20% discount on MRP of medicines, say term is unviable for them

Overseas firms see compliance burden increasing to get tax treaty benefits

Chartered accountants' group asks CBDT to do away with PAN requirement for filing form electronically

Punjab set for crop diversification if govt assures remunerative prices: CM

The Chief Minister said that instead of paddy, the farmer of the state is ready to sow sunflower, maize and pulses but for that they must get adequate and assured price.

Mehta urges SCO members to work on eliminating transnational economic crime

Mehta and additional secretary (legal affairs) in the law ministry Anju Rathi Rana led the Indian delegation at the 20th meeting of Prosecutors General of SCO member states in Astana, Kazakhstan

Rs 9,494 cr spent on railway projects in Telangana in 8 years: Kishan Reddy

He said the Centre is proposing to set up a railway coach overhauling unit at Warangal with an investment of Rs 400 crore. The facility is expected to provide employment to 3,000 people.

India launches roadmap to meet challenges in biorefining value chain

Developed in cooperation with Brazil, Canada, European Commission and the United Kingdom, the launch was announced by the visiting Science and Technology Minister Jitender Singh