Page 956 - Economy & Policy News
Govt to remove domestic fare caps imposed on airlines August 31 onwards
But aviation executives don't see a major immediate impact
 "Govt to remove domestic fare caps imposed on airlines August 31 onwards")
Centre releases two instalments of Rs 1.16-trn tax devolution to states
The Centre on Wednesday released two instalments of tax devolution totalling Rs 1.16 lakh crore to states
 "Centre releases two instalments of Rs 1.16-trn tax devolution to states")
India at 75: What's the way ahead for govt on privatisation, asset sales
While the govt has secured a big win by privatising Air India, it is still far from its initial goal of privatising majority of PSUs
 "India at 75: What's the way ahead for govt on privatisation, asset sales")
Difference between EPFO, EPS needs to be assessed, says Supreme Court
Pensioners informed the apex court that asking the employees to contribute 1.16 per cent for salaries above Rs 15,000 was against the Employees' Provident Funds And Miscellaneous Provisions Act, 1952
 "Difference between EPFO, EPS needs to be assessed, says Supreme Court")
Port Sector recovers from supply shocks, goes past pre-Covid level
After the pandemic struck, international trade had been abruptly brought to a halt, causing severe losses to seafarers
 "Port Sector recovers from supply shocks, goes past pre-Covid level")
India's GDP to contribute 22% to global growth, says Morgan Stanley
The Indian economy, they said, is set for its best run in over a decade as pent-up demand is unleashed
 "India's GDP to contribute 22% to global growth, says Morgan Stanley")
MeitY may stick with a govt-backed GAC for social media content issues
The IT rules, 2021, require significant social media intermediaries (SSMIs) appoint a resident grievance officer to decide on content-related complaints
 "MeitY may stick with a govt-backed GAC for social media content issues")
Centre shortlists six investment banks to assist in HZL stake sale
Centre is looking to sell its residual 29.5% in tranches through offer for sale mechanism
 "Centre shortlists six investment banks to assist in HZL stake sale")
GoM on online gaming, casinos: No consensus yet on 28% GST on gross revenue
GGR is the total amount collected by casinos and online gaming companies before shelling out the money to the winners
 "GoM on online gaming, casinos: No consensus yet on 28% GST on gross revenue")
India to start supplying petrol with 20% ethanol from April 2023: Puri
India will start supplying petrol with 20 per cent ethanol at select petrol pumps from April next year and will ramp up supplies thereafter as it looks to cut oil import dependence
 "India to start supplying petrol with 20% ethanol from April 2023: Puri")
Odisha approves projects worth Rs 74k cr, including Adani's alumina project
The Odisha government on Wednesday accorded in-principle approval to 10 major industrial projects worth 74,620.18 crore, including Adani Enterprises Limited Alumina Refinery
 "Odisha approves projects worth Rs 74k cr, including Adani's alumina project")
PE/VC investments plummet by 69% in July to $3 billion, says report
Investments by private equity and venture capital funds into Indian entities fell by 69 per cent to USD 3 billion during July, a report said on Wednesday.
 "PE/VC investments plummet by 69% in July to $3 billion, says report")
Business Idea: Post Office Franchise Scheme, eligibility, income
A new business idea got introduced by India Post Office at Rs 5,000 investment. Read this article to know how you can apply, earn and be eligible for India Post Office Franchise Scheme
 "Business Idea: Post Office Franchise Scheme, eligibility, income")
More emissions reduction targets will help Indian fossil fuel giants: IEEFA
Global green capital presents a multi-billion-dollar opportunity for Indian power sector giants such as NTPC and Tata Power to fund their clean energy transitions.
 "More emissions reduction targets will help Indian fossil fuel giants: IEEFA")
India at 75: Prudent public finance policy still remains a challenge
Among other things, making the direct tax regime less confusing and bringing in expenditure reform are crucial challenges for the central government
 "India at 75: Prudent public finance policy still remains a challenge")
India at 75: How strong infrastructure holds the key to unlock bight future
Ambitious plans like the bullet train, 5G telecom network, and several more will be instrumental in shaping a better future, covering a major portion of the population
 "India at 75: How strong infrastructure holds the key to unlock bight future")
Will bumper GST collections weaken states' case for compensation?
The GST compensation remains a bone of contention between the Centre and states. So, as the GST collections continue to soar, will it hit the states' case which has been demanding its extension?
 "Will bumper GST collections weaken states' case for compensation?")
Finance ministry invites application for post of PFRDA chairperson
Besides senior government officials, private sector employees who have worked at the level of CEO, CFO, COO or equivalent are also eligible to apply for post
 "Finance ministry invites application for post of PFRDA chairperson")
Post office staff swindles Rs 96 cr of public money in saving schemes: CAG
Auditor's report alleges fraudulent withdrawals, forgery, cheating in postal circles across India
India's Covid-19 fiscal stimulus was relatively small, say experts
With the latest round of repo rate hike by the Reserve Bank of India (RBI), all the pandemic rate cuts have now been reversed
 "India's Covid-19 fiscal stimulus was relatively small, say experts")