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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: 29 min 31 sec ago
Ecommerce policy review may focus on deep discounts: Suresh Prabhu
“The minister will internally review the ecommerce policy but this would not be a stakeholder meeting,” said an official in the know of the details.
Categories: India News
Cabinet approves AIIMS for Tamil Nadu, Telangana
The Tamil Nadu AIIMS would come up at Madurai at a cost of Rs 1,264 crore, while the Telangana's one would be built at Bibinagar at a cost of Rs 1,028 crore, an official statement said.
Categories: India News
Industry has to compete on everything, tariff protection temporary: DIPP Secy
DIPP Secretary Ramesh Abhishek said that the Centre and the states need to work together to provide necessary support to industry to enhance their competitiveness.
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Government plans to amend norms pertaining to incorporation of companies
The ministry, which is implementing the Companies Act, has sought comments from the public on the proposed changes to the rules.
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EEPC India flags concerns over exporters losing refunds, possibility of ED action
EEPC Chairman pointed out that India's overall merchandise exports remained static, logging in less than one per cent growth in November this year.
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India making constant efforts to gain inroads into Chinese market: Suresh Prabhu
Suresh Prabhu was responding to a question on commodities selected by the government to make inroads into the Chinese market.
Categories: India News
73 projects sanctioned over Rs 5,800 crore under Swadesh Darshan scheme: Govt
Replying to a query in the Lok Sabha, Union Tourism Minister K J Alphons said projects for development under the scheme were identified after consultation with the state governments/UT Administrations.
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Total government liabilities rise to Rs 82 lakh crore
Public debt accounted for 89.3 per cent of total outstanding liabilities at end-September 2018 with the share of internal debt being 82.9 per cent.
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Government may skip large farm loan waiver ahead of 2019 polls:Report
The report comes days after a group of economists including former RBI governor Raghuram Rajan, pitched for doing away with farm loan waivers.
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NHAI projects may fall short by 33-37% of FY19 target: Report
As on March 31, 2018, NHAI has around 15,000 km of portion, which included projects awarded over the last five years, under completion.
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Export growth to surge 7% in Oct-Dec: Exim Bank
The Exim Bank estimate said merchandise exports will go up to USD 82.39 billion for the third quarter of the fiscal year, as against USD 77 billion.
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Transfer of excess reserve may pull down credit rating of RBI: Raghuram Rajan
Rating downgrade of the RBI from 'AAA' would make borrowing costlier for the central bank and will have implication for the entire economy.
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Banning high value notes dragged India's economic growth down: Raghuram Rajan
Raghuram Rajan said he has seen studies which reaffirm that banning of high value currency notes in late 2016 impacted India's growth significantly.
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RBI action against delay in remittances case panic exporters: EEPC
Ravi Sehgal said India's overall merchandise exports remained static , logging in less than one per cent growth in November this year.
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Tough measures by government and builders needed to revive troubled real estate sector
Temporarily, the government can cut both short-term and long-term capital gains taxes to 15% and 10% respectively to bring in new buyers and investors and do away the need for cash transactions.
Categories: India News
Govt revives plan to rein in e-tailers' discounts
The commerce and industry ministry is looking at ways to strengthen the e-commerce sector while safeguarding the interests of domestic retailers.
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Agri commodities index dips 0.19%, onion & potato prices fall
The Agriwatch Agri Commodities Index dipped 0.19% to 107.96 during the week ended December 15, 2018, from 108.16 the previous week.
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Maharashtra sugar industry demands Rs 500-crore package
Declining domestic sugar prices coupled with slower pace of exports are likely to increase the arrears and add to the simmering farm distress in the country, according to industry executives and experts.
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Court order trips tax hounds in hunt for secret foreign assets
As tax havens began sharing information, laws have been strengthened over the years to bring undisclosed foreign assets under the tax net.
Categories: India News