Page 2578 - Economy & Policy News

NHPC's 'biggest' Subansiri hydropower project stalled on panel names

Construction for 2,000 Mw began more than 13 years earlier but has been stalled on ecological concerns; panel of experts to reassess also stuck at NGT

RBI's back-to-back rate hikes in sync with other emerging markets

Indonesia and the Philippines, two nations that run twin deficits like India, have hiked their rates by at least 50 basis points

Abolition of tax collected at source on e-commerce may be on cards

TCS at the rate of up to 1% is yet to be implemented as it has been deferred till September this year

Trai says 4G, 5G to drive demand for spectrum in next round of auctions

Trai's recommendations on reduced rates for 700 Mhz band took into account the price of the spectrum that was recently auctioned in markets like Singapore, Germany, Denmark, Turkey and Taiwan

Directorate General of Hydrocarbons sets up 2nd NDR data centre in Odisha

The centre at Bhubaneswar will help students of geology, researchers, academicians as well as various companies

India likely to delay raising tariffs on US goods: Trade ministry official

India's trade ministry is expected to shortly issue a notification that could delay the implementation of the new tariffs by 45 days

Full implementation of MSP can push fin system under stress: Rangarajan

The government recently hiked the minimum support price for paddy by a steep Rs 200 per quintal as it looked to fulfil its poll promise

Panel took fairly balanced call on data protection: Justice Srikrishna

An industry representative and an academician had expressed their reservations during the deliberations, says Srikrishna

Discount on digital payment at petrol pumps cut to 0.25% from 0.75%

Oil companies have now informed the petrol pump operators that the discount has been cut to 0.25 per

NITI Aayog working on strategy document to define objectives for 2022-23

The minister said deprivation was one criterion and the effort was to cater to the person standing last in the queue

Supersonic interceptor missile successfully test fired off Odisha coast

Developed as part of efforts to have a multi-layer ballistic missile defence system, it is capable of destroying incoming hostile ballistic missiles

Manufacturing PMI eases to 52.3 in July as new orders, output rise

The PMI in July went down to 52.3 from 53.1 in June

A key spoke in Indian economy's wheel isn't feeling same optimism as RBI

The manufacturing sector's deteriorating business sentiment underlines a view that the economic rebound is likely to be a bumpy one

India to clock 7.5% GDP growth, recovery to remain robust: Morgan Stanley

On inflation, the report said upside risks could emerge from a weak monsoon

'Zombie' power plants: A financial time-bomb that may torpedo Indian banks

The most intractable bad loans, the ones the bad bank is meant to deal with, are concentrated in one sector: power

Ahead of two-plus-two talk, India, US hold military cooperation meet today

External Minister Sushma Swaraj and Defence Minister Nirmala Sitharaman would meet their US counterparts in 2 plus 2 meeting next month

A third of national capital budget allocated to the military: Government

The government has put forward in Parliament a new, and more telling, metric, which is the defence capital allocation as a percentage of the national capital spending

Centre's fiscal situation comfortable: DEA Secretary Subhash Garg

The RBI said one of the factors affecting headline retail inflation was the Centre's decision to fix MSP

Trai recommends sale of airwaves of over Rs 5 trn for 5G auction

If it happens, this would mean the largest spectrum auction in terms of amount with over 7,000 Mhz going up for sale across eight bands

Despite price control measures, multinational medical firms fare well

Indian companies importing their devices from abroad still remains only around 20 per cent of the total imports