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Business Standard: Economy and Policy

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Economic News: Read Latest Economic News headlines, monetary policy highlights, Budget, RBI bulletin, news on Interest Rates, Indian economy, and analysis, from Business Standard.
Updated: 27 min 58 sec ago

Need to give quality education in India to students who fly overseas: Rajan

5 hours 40 min ago
We have fantastic institutions. But remember, we have so many young children coming in now, looking for admission into colleges, says Rajan
Categories: India News

Govt plans to resolve regulatory issues being faced by start-ups

8 hours 1 min ago
Matters related with retail delivery of petroleum from door to door was also deliberated upon in detail
Categories: India News

Odisha Budget outgo up 13% at Rs 1.2 trn; growth pegged at 8-8.5% in FY19

10 hours 15 min ago
Odisha has presented a revenue surplus budget for 2018-19 with the total outgo pegged at Rs 1.2 trillion, higher by 13.2 per cent over the size of Rs 1.06 trillion in last fiscal.The state Budget after factoring in the external and domestic economic environment has set a growth forecast of 8-8.5 per cent during 2018-19. For 2017-18, the Budget concurred with the growth projection of the Economic Survey at 7.14 per cent. This comes on the back of a robust 10.4 per cent growth recorded by Odisha in 2016-17. Higher growth is mainly contributed by growth in manufacturing, energy and service sectors.The Budget outlay is proposed to be financed mainly through revenue receipts of Rs one trillion and the rest from borrowing and other receipts pegged at Rs 196.67 billion. Total revenue receipts for 2018-19 would be made up by the state's share in central taxes (Rs 365.86 billion), state's own tax (Rs 285.5 billion), own tax revenue (Rs 103 billion) and grants from the Centre (Rs 247.64 ...
Categories: India News

Indian exports may take a hit as trade war could lower growth in China, US

10 hours 29 min ago
A continued trade war would affect other secondary markets as well, due to the size and trade connections of both nations
Categories: India News

Escalation in US-China trade war may hit economic recovery: Raghuram Rajan

10 hours 53 min ago
'I don't want to use the word trade war. I don't think they are there yet,' Rajan
Categories: India News

Economic recovery could be hit if US-China trade war escalates: Rajan

10 hours 53 min ago
'I don't want to use the word trade war. I don't think they are there yet,' Rajan
Categories: India News

Company registration up 8% to over 68,000 since GST rollout: Govt

11 hours 59 sec ago
Govt also said that over 1.7 million companies had been registered in India till last year, out of which only 7,270 entities were active
Categories: India News

NHAI awards Rs 13.95 billion contract for widening highways in Karnataka

11 hours 33 min ago
Ashoka Concessions and Dilip Buildcon have been awarded contracts for four-laning of NH4
Categories: India News

Telecom subscriber base dips 1.3% to 1.17 billion in January: Trai

12 hours 55 min ago
The mobile subscriber base declined to 1.15 billion at the end of January 2018 from 1.167 billion at the end of December 2017, down 1.33 per cent
Categories: India News

After Maharashtra and Haryana, UP allows women on night shift in factories

13 hours 48 min ago
Union labour ministry has long been urging state govs to change their laws to allow women work late nights
Categories: India News

Days of 'what US does today, world does tomorrow' over now: NITI Aayog VC

14 hours 26 min ago
Rajiv Kumar said the bank privatisation has practical problems, therefore he supports Bank Investment Company
Categories: India News

Five web portals that can make it easier for SMEs to file GST returns

16 hours 22 min ago
Six months into the Goods and Services Tax regime, and still the teething problems persist
Categories: India News

Aadhaar privacy: UIDAI blind, data safe, CEO tells SC: Top 10 developments

18 hours 44 min ago
Aadhaar would include face ID besides the fingerprints and iris for authentication from July 1, said UIDAI CEO Ajay Bhushan Pandey
Categories: India News

From water stressed to water scarce? Demand to rise, availability declining

Thu, 03/22/2018 - 9:36pm
On World Water Day, we take a look at India's water availability
Categories: India News

RInfra abandoned airport line, so it is not entitled to recovery: DMRC MD

Thu, 03/22/2018 - 9:20pm
He says had RInfra not been there, the money it has put in would have been invested by someone else
Categories: India News

Three weeks past its launch date, UIDAI remains silent on virtual ID

Thu, 03/22/2018 - 8:29pm
UIDAI issued a circular on January 10, promising the launch of a virtual ID for Aadhaar, tokenised systems, and limited KYC
Categories: India News

Demonetisation succeeded in unearthing black money: FM Arun Jaitley

Thu, 03/22/2018 - 4:15pm
Circulation of high value notes have been brought down effectively, Jaitley said in the reply
Categories: India News

Overtime at LPG bottling plants raises safety concerns in the industry

Thu, 03/22/2018 - 4:07pm
Industry sources say because of higher demand, there is increasing pressure on these plants to work overtime
Categories: India News

Ayushman Bharat insurance scheme: Testing for Modicare to start by July

Thu, 03/22/2018 - 4:03pm
With the Union Cabinet approving the Ayushman Bharat health insurance scheme, the plan is to get into testing by July to assess the systems in place.Health minister J P Nadda said it would be launched pan-India at one go. The prime minister is expected, though there is no official word, to announce the launch in his August 15 speech. By April, operational guidelines for the scheme will be finalised and shared with states. Nadda said the Centre's share will be Rs 100 billion for two years. The allocation will include premium payment for the coverage and logistics such as updating the Socio Economic Caste Census, used to identify beneficiaries. The scheme is estimated to cost Centre and states about Rs 250 over 2018-19 and 2019-20, according to initial estimates by Niti Aayog. Nadda said there will be no paucity of funds for it. "Once the scheme gets up and running, we can get funds even then," he promised.Health secretary Preeti Sudan said apart from organ transplant, all other ...
Categories: India News

Big rise in farmer suicides in four states during 2016, says NCRB data

Thu, 03/22/2018 - 3:08pm
In absolute numbers, farmer suicides in Haryana and Punjab were less than in Maharashtra, which continued to be Number-1
Categories: India News