Economy

Hydrocarbon exploration: DGH to be single window for nod to contractors

These proposals were cleared by the Union Cabinet on Tuesday while approving changes in the Hydrocarbon Exploration and Licensing Policy (HELP) and will be notified soon.
Hydrocarbon exploration: DGH to be single window for nod to contractors News

Saudi Crown Prince sees ‘useful returns’ from expected $100 billion investment in India

The crown prince Mohammed bin Salman also said he wanted to expand commercial relations with India.

Saudi prince, Saudi arabia crown prince, saudi prince india visit, Mohammed bin Salman, India, Pakistan, kashmir News

NBFC sector revives: Liquidity concerns ease as fundraising improves

With the banking sector reeling under persisting NPAs and rising Marginal Cost of Lending Rate (MCLR), lending by the NBFC sector has increased remarkably in the last few years, CARE Ratings said in t

Economy News

Homebuyers’ wait for GST relief continues! Council defers decision on tax on under construction houses

The GST Council on Wednesday deferred the decision to consider a reduction in tax on under-construction houses to Sunday.

gst rate may reduce on property in gst council News

Lower GST on under-construction houses; council to look at proposals

The rates could vary from 1% to 5% with higher rates to be applied on more expensive houses along with absence of input tax credit (ITC) for the builders in case of all categories of houses.

GST council to look into proposals seeking rate cut on under-construction houses News

A quarter before deadline, AT&C losses far higher than UDAY target

Inadequate hikes in power tariffs, incremental rise in ‘open access’ transactions, rise in salaries due to the Seventh Pay Commission, late subsidy disbursal by the states and outstanding dues acc

A quarter before deadline, AT&C losses far higher than UDAY target News

7.5 GW solar projects in Leh & Ladakh: Bidders seek more time for site visits

Industry players have sought more time from the Solar Energy Corporation of India (SECI) to complete their site visits in Leh and Ladakh districts, where the government plans to set up solar parks wit

Economy News

National electronics policy approved; know key features

Currently, the department of expenditure is being consulted on it after the completion of stakeholders’ consultation.

Finance minister Arun Jaitley addresses the media after a Cabinet meeting, in New Delhi on Tuesday News

Kerala govt plans Rs 250-cr fillip to tourism, launches Human by Nature brand campaign

The minister launched a new brand campaign titled ‘Human by Nature’, a part of the marketing initiative to refurbish the perception of the southern state’s tourism sector.

Kerala govt plans Rs 250-cr fillip to tourism News

Gujarat government presents Rs 1.92 lakh crore interim budget

The Gujarat government on Tuesday presented a vote-on-account proposal instead of a full-fledged budget for financial year 2019-20 without changing the current tax structure in the House.

Gujarat govt presents Rs 1.92-lakh-cr interim budget News

Gujarat government announces sops for poor, farmers in interim budget

The government also raised monthly honorarium of over 3,700 ASHA health workers by Rs 2,000 each.

Economy News

Inflation up, jobs down: February consumer confidence drops; here’s what survey shows

The fall in confidence showed subdued interest towards savings, investments, jobs and spending, the study added.

Economy News

Pakistan no longer in a financial crisis thanks to ‘friendly countries’, claims central bank governor

Governor of the State Bank of Pakistan Tariq Bajwa's remarks coincided with the announcement by Saudi Arabia that it would invest USD 20 billion in Pakistan under various projects.

Economy News

US-China trade talks shift from Beijing to Washington as Donald Trump, Xi Jinping’s March 1 deadline looms

The talks follow a round of negotiations that ended last week in Beijing without a deal but which officials said had generated progress on contentious issues between the two trading partners.

Economy News

UP budget 2019: Religion, cows among Yogi Adityanath’s 4 point development formula

“The budget aims to create a generous fusion between rural livelihood and cattle economy, women welfare, development of tourist destinations, modernization and training of police force and connectin

Economy News

Dragon Network: China unveils plan to tie Hong Kong, Macau closer to mainland

Hong Kong, Macau, Shenzhen and Guangzhou will be the four key Bay Area cities, driving the region’s economic development, according to the blueprint.

Economy News

RBI to transfer Rs 28,000 crore to government as interim dividend

Arun Jaitley says India needs fewer, larger PSBs; Das says can’t have separate PCA rules for PSBs.

rbi, finance minister arun jaitley, arun jaitley, RBI governor Shaktikanta Das News

Boost for Modi government! RBI announces Rs 28,000 crore transfer as interim dividend

Reserve Bank of India (RBI) on Monday announced Rs 28,000 crore transfer as surplus to the Modi government.

yes bank, yes bank rbi, rbi warned yes bank, nil divergence, yes bank disclosed secreat report News

Ayushman Bharat: How world’s largest healthcare scheme fared in first 150 days

Over 12 lakh people have been treated in less than 150 days since the launch of Ayushman Bharat scheme. In addition, more than 1.7 crore beneficiary e-cards have been generated providing access to hea

Budget 2019-20 News

Saudi crown prince Mohammed Bin Salman to visit India: ‘Business as usual with Pakistan cannot continue’

Saudi Crown Prince Mohammad -bin Salman (MBS) is visiting India from February 19-20 on his second visit along with a high-level delegation that includes Ministers, Senior officers and leading Saudi bu

Saudi crown prince, Mohammed Bin Salman, Mohammed Bin Salman pakistan visit, india paksiatn ties, G20 summit News

India-Argentina relationship: Soybean oil link with the South American nation

Argentina happens to be the main exporter of Soybean oil to the world, hence its relationship with Indian consumers is important for both the economies.

india argentina ties, soybean oil link, COFco, soybean oil, imports crude Soybean oil, oil production News

RBI bonanza for government! Shaktikanta Das to soon take call on Rs 28,000 crore dividend transfer

India’s central bank will consider an early transfer of a part of its profit to the government, which is desperate for cash to fund populist pledges ahead of a national election.

yes bank, yes bank rbi, rbi warned yes bank, nil divergence, yes bank disclosed secreat report News

Theory of job-loss growth is factually incorrect, says Rajeev Chandrasekhar; here is why

Rajeev Chandraskehar said: "It's election season so expectedly some people will use survey data in a context that suits them which is the case with Dr Singh here."

RAJEEV CHANDRASHEKHAR, rajeev chandrasekhar mp, ngt judgement, ngt judgement on bengaluru lake News

PM-Kisan scheme to drastically cut farmers’ vulnerability: CEA Krishnamurthy Subramanian

CEA Krishnamurthy Subramanian says the investment cycle is picking up, as many firms have hit capacity utilisation of 80%, which is when they usually start fresh investment.

PM-Kisan scheme to drastically cut farmers’ vulnerability: CEA Krishnamurthy Subramanian
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