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Economic Times: Indian Economy
News on Indian Economy, Economic Indicators, Government Policy for Economy, Industries Fiscal & Monetary Measures. News & analysis on Domestic and International Trade, National and State Finances, Budget, Government Regulation, Monetary Policy, RBI Rates, Interest Rates, CRR, Indian Trade, Monetary and Industrial Policy.
Updated: 30 min 5 sec ago
20 million farmers listed so far for PM-KISAN dole
Of these, 5.5 million likely to get first tranche of Rs 2,000 on February 24 when PM is expected to launch scheme.
Categories: India News
PMO rejects plan for dedicated NBFC to finance food processing projects
“It is a big setback to the sector which has an important role in doubling farmers’ income,” a food processing ministry official said.
Categories: India News
Total gross loan of microfinance industry grows 6 pc to Rs 65,090 cr in Q3
Combined microcredit portfolio of all lenders as on December 31, 2018, was Rs 1,57,497 crore of which NBFC-MFIs are leading with Rs 60,117 crore and 38.17 per cent market share.
Categories: India News
President promulgates Unregulated Deposit Scheme Ordinance
The Ordinance will help put a check on illicit deposit taking activities like Saradha scam and Rose Valley chit fund scam.
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Government re-promulgates ordinance for companies law amendments
On Tuesday, the Cabinet cleared the proposal to promulgate the Companies (Second Amendment) Ordinance, 2019.
Categories: India News
Odisha to implement PM-KISAN; farmers to benefit from central and state schemes
Chief minister Naveen Patnaik’s government had earlier been noncommittal on the PM’s farm intervention scheme as well.
Categories: India News
Govt's reform initiatives transformed India into fastest-growing major economy: Niti Aayog
The country's growth, the note added, has decisively increased over the last five years and is much higher than the average growth among the emerging and developing economies.
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Without helmet but within crease: The cricket logic behind RBI deputy governor Viral Acharya's rate cut no
Categories: India News
OECD, G20 members like India & China should not get special rights: US to WTO
An official privy to the details said the proposal would deprive a large number of countries from exemptions.
Categories: India News
Government to upgrade MCA21 system; seeks applications from service providers
The MCA21 system, which comes under the corporate affairs ministry, was started in 2006 and currently, the second version is operational.
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Finance ministry expects NPA recovery of Rs 1.80 lakh crore in FY19
Lenders are expecting to recover almost Rs 52,000 crore loan in case of Essar Steel while Rs 18,000 crore from Bhushan Power & Steel Ltd.
Categories: India News
Saudi prince expects investment worth more than $100 billion in India
India rolled out the red carpet for the crown prince as it seeks diplomatic support against Pakistan following a militant attack in the disputed region of Kashmir.
Categories: India News
India to remain fastest growing major economy in next decade: Report
India is likely to achieve an average growth of 6.5 per cent in 2019-28, the highest among the emerging economies.
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Rabi cereals production to fall by nearly 10%: NBHC
This coupled with the drought in some parts have impacted Rabi sowing and could aggravate the distress in the farm sector.
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GST Council defers decision on tax on real estate; extends deadline for sales returns
Categories: India News
FDI during April-December 2018-19 falls 7% to $33.49 billion
A decline in foreign inflows could put pressure on the country's balance of payments and may also impact the value of the rupee.
Categories: India News
India's year-on-year sugar production till Feb 15 up by 7%, says ISMA
Gujarat has produced 7.78 lakh tonnes of sugar till 15th February 2019 with 16 sugar mills in operation.
Categories: India News
Importers, Tax dept approach Supreme Court over GST “self-assessment"
The companies while importing the products had paid 12% Goods and Services Tax when they were required to pay only 6%.
Categories: India News