Economy

RBI’S February circular: Promoters of defaulting power cos jittery as SC hearing starts Wednesday

The SC on September 11 asked the RBI, banks and others to desist from invoking insolvency proceedings under the IBC against corporate defaulters as per the banking regulator’s mandate till its final orders.

China-backed Asia trade deal pushed back to 2019

Asian nations gave up hopes of completing a 16-nation trade bloc this year, with Chinese and Australian officials now looking to finalise the deal in 2019.

India, European Union agree to deepen cooperation to deal with terrorism

India and European Union have vowed to step up cooperation in effectively dealing with terrorism, extremism and radicalisation.

China-backed trade deal pushed back to 2019

A China-backed bid to complete the world's largest trade deal - without the United States - was pushed back to next year after Asia-Pacific trade ministers failed to agree key terms at a Singapore sum

India’s bankruptcy law: Lenders, take note! This act helps only vigilant creditors, not sleeping ones

The conundrum of whether the Limitation Act, 1963 (Act) applies to the proceedings initiated under the Insolvency and Bankruptcy Code, 2016 (Code) has confused the stakeholders since the inception of

Jammu and Kashmir admin sets June, 2019, deadline for completion of first phase of digitisation of land records

Jammu and Kashmir Governor Satya Pal Malik has set a fresh deadline of June next year for the completion of the first phase of Digital India Land Records Modernisation Programme (DILRMP) which was sta

This Indian city is best to live in, and Delhi, Mumbai, Bengaluru are not even in top 10

The safest city is Dehradun, which ranks third, according to the combined survey conducted by Jagaran.com, KPMG and Facebook.

NITI Aayog seeks more time to analyse GDP back series data; may release it by December-end

With the change in the base year, the GDP growth for the financial year 2013-14 was estimated at 6.9% as compared with 4.7% on the 2004-05 base year. Similarly, the growth rate for 2012-13 was also re

17 lakh Indian children to die due to pneumonia by 2030; here’s how it can be averted

The study conducted by UK-based NGO 'Save The Children' showed that India will also be among the top four countries in the world to bear the highest pneumonia deaths by 2030.

US VP Mike Pence, Japan PM Shinzo Abe discuss trade, North Korea ahead of regional summits

US Vice President Mike Pence met Japanese Prime Minister Shinzo Abe on Tuesday to discuss bilateral trade and to touch base on their policies on North Korea as the two sides tried to showcase alliance

Modi’s village electrification is among world’s biggest successes this year, says this report

Since 2000, more than 900 million people have gained access to electricity in developing countries in Asia continent with 91% of the region getting electrified by 2017 compared with 67% in 2000. Of th

India emerges as leading seed hub in Asia

India has emerged as a major seed hub in Asia, with four Indian seed companies featuring in top 10 of the first ever "Access to Seeds Index for South and Southeast Asia".

RBI vs Government INSIDE STORY: Here’s what led to souring ties

While the questions of the Reserve Bank of India's 'excess' or 'optimal' reserves are vexed ones, the government has reasons to feel the central bank is warier than it ought to be.

A slew of investment offers marks first day of ‘Make in Odisha’ summit

The first day of the Odisha government’s flagship investment summit, Make in Odisha (MIO), kicked off in Bhubaneswar with a slew of commitments from the country’s top industrialists.

Adani gets SC nod to supply natural gas to three areas in Ahmedabad

The Supreme Court on Monday allowed Adani Gas to supply natural gas to commercial and industrial units in the areas of Sanand, Bavla and Dholka of Ahmedabad district of Gujarat till further orders.

NCLAT to hear Centre’s plea on immunity to IL&FS board Tuesday

The plea was initially rejected by the Mumbai bench of the National Company Law Tribunal.

Double boost! CPI inflation falls, factory output steady; check October CPI, September IIP details

The CPI inflation cooled to 3.31 percent in October from 3.77 percent in September, official data showed Monday.

India shines in ease of doing business, but this is where it lags behind

According to Laveesh Bhandari, the massive jump in ranking is correlated with an improvement in ratings as well, which have seen a rise of 6.6% over last year.

Skill India: 70% of Indian youth don’t even know about government’s skill development programmes

While 70% of Indian youth is not aware of government-run skill development programs, 76% of the respondents report being very interested in pursuing skills development training.

China says will further open up its economy, slams rising protectionism

Chinese Premier Li Keqiang said on Monday Beijing will further open up its economy in the face of rising protectionism, as he headed for meetings with Asia-Pacific leaders in Singapore that are expect

Coal stocks plunge to 5-year low as power demand rises; how this can affect government’s fiscal math

Coal stocks down: Amid a sudden rise in coal demand from the power sector, the stocks of coal stocks fell to a 5-month low of 21 million tonne (mt) in the month of October, triggering fear of power pl

Government PSU dividend income may fall 20% short of budget this FY; here’s what PSU bosses say

Last year, dividend payouts by some CPSEs exceeded their net profits.

Boosting growth: Arun Jaitley says strengthening banks immediate priority

Jaitley’s statement comes ahead of a much-watched RBI board meet on November 19, where the RBI top management and the government are likely to take divergent positions on a host of issues.

GST a monumental reform, hit growth only for 2 quarters: Finance Minister Arun Jaitley

The remarks come a day after former RBI Governor Raghuram Rajan blamed the indirect taxation reform for derailing the India's growth story. Jaitley did not name Rajan.

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