Economy

India topples Malaysia! It is now 3rd largest country visiting Singapore

India has toppled Malaysia to become the third largest country visiting Singapore. China tops the list of visitors to Singapore, followed by Indonesia in the second position. 

Economy News

Growing demand seen leading to power shortage in 4 years: Analysts

The gamut of steps to improve electricity access might lead to a supply shortage scenario after FY23, warranting ‘an immediate need to restart the capex cycle in generation’, according to analysts

Economy News

Centre to set up 23 GW solar plants in Leh-Kargil

The ministry of new and renewable energy has set the stage for installing 23 giga-watt (23,000 MW) grid-connected solar projects in Jammu and Kashmir.

Jammu and Kashmir, renewable energy, solar plants in leh, solar plants in kargil, ultra mega solar project  News

TAFE inks pact with Japan’s ISEKI to make compact tractors in India

Tractors and Farm Equipment Limited (TAFE), the world’s third largest tractor manufacturer by volumes and ISEKI & Co (the third largest Japanese agricultural machinery manufacturer for tractors, pla

Industry News

‘42% SMEs in India find accessing finance difficult’

For small and medium enterprises (SMEs), accessing finance is the most difficult part and most of them rely on traditional bank loans to run their businesses.

SME, Indian SME, SME entrepreneurs, American Express Global SME Pulse News

‘Saubhagya not sole reason for high AT&C losses’

The electrification of new households under the Central government’s Saubhagya scheme is not the only cause for a few major states recently reporting high aggregate technical and commercial (AT&C) l

Economy News

Daily hospitalisation under PMJAY may double by January

The number of free hospitalization beneficiaries under the Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) may reach 6 lakh in the next one month from 3.7 lakh now, Ayushman Bharat CEO Ind

PMJAY, Ayushman Bharat CEO, Indu Bhushan, National Health Agency, free hospitalization beneficiaries  News

Coal block auctions: Initial response positive, 69 firms purchase the tender documents priced at Rs 5 lakh

After the failure of last two tranches of coal-block auctions, the coal ministry has received “overwhelming” response for the latest invitations for 19 captive mined.

coal News

Economic capital framework: Government to seek interim dividend from RBI

The government will seek interim dividend from the central bank this fiscal, a senior official said on Wednesday, adding that the practice of asking for interim dividend is here to stay.

Economy News

Agenda for 2019: Trai to begin consultation on spectrum issues

Trai chairman R S Sharma said on Wednesday that after discussions with the telecom operators, the regulator has decided to come out with a consultation paper on the calculation methodology of reserve

Industry News

G20 Summit: In Buenos Aires, US could seek a China trade truce

President Trump is projecting a steely facade as he prepares for a critical meeting on trade this weekend with President Xi Jinping of China.

Economy News

PM-AASHA off to a slow start: MSP benefits to less than 5% kharif pulses, oilseeds

Less than 5% of kharif pulses & oilseeds get govt’s MSP benefits

Economy News

Alive and Kicking: 61.6% of 18.10 lakh companies registered are active – Here is what government data reveals

Around 61.6% of the 18.10 lakh companies registered in India were active at the end of October, data from the ministry of corporate affairs showed amid the government continuing its clampdown on shell

companies registered in India, ministry of corporate affairs, shell firms, demonetisation News

Trade booster: Trade ministry working with Finance Ministry to ease export credit, says Suresh Prabhu

Calls for tapping new markets, including in Africa, Latin America, east, south and west Asia, to improve outbound shipments

Trade booster, commerce ministry, Suresh Prabhu, FIEO, finance ministry, Reserve Bank of India News

Rooftop solar runs into roadblocks

The state-owned electricity distribution companies’ apathetic approach coupled with the lack of appropriate financing options available in the market are seen to be impeding the uptake of rooftop so

Industry News

NTPC invites 1,000 MW renewable energy tenders

To avail the benefits of the Central government’s flexible-generation scheme, NTPC has called for tenders from 1,000 MW of existing solar and wind generation plants to supply power to the company fo

NTPC, renewable energy tenders, wind power plant, PPA, ISTS connection News

Cracking the whip! Show-cause notices to 12 UP builders

Forensic auditor probed 96 developers in Noida and Greater Noida and found 25 projects had ‘serious issues’ and were difficult to resolve

UP builders, Currie and Brown, Noida, Greater Noida, UP RERA, Yamuna Express, housing projects News

Huge response! UP’s 550 MW solar tender oversubscribed

Uttar Pradesh government’s tender calling for bids for 550 MW grid-connected solar photovoltaic (PV) power received a huge response with as many as eight developers submitting bids for 795 MW.

solar tender, Uttar Pradesh government, solar photovoltaic power, Tata Power, Mahoba Solar, UPNEDA News

Sabarimala row hits temple coffers, may pinch Kerala economy

Sabarimala temple, which sees nearly 5 cr pilgrims during the 41-day season, alone usually garners over Rs 300 cr

India News

Mathadi workers in Maharashtra to join traders’ bandh today

Mathadi leaders Shashikant Shinde and Narendra Patil met Minister for Cooperation and Marketing Subhash Deshmukh and had sought more clarity on the role of commission agents in APMCs as well as transa

Economy News

Trade talks: Government study to weigh RCEP impact

Move suggests anxiety over potential losses from the deal hasn’t yet subsided

Economy News

G20 summit: PM Modi may flag West’s laxity on $100 bn climate fund

India will also impress upon world leaders about fulfilling the commitment made in the Bali round of trade negotiations to find a permanent solution for public food stock holding limit.

Economy News

Wind energy: Capacity addition likely to rebound after a lean FY18

While wind capacity is expected to rise by 42% this year, a switch to competitive bidding and low tariffs remain challenges for the sector

Industry News

Sunny future: Digital dividend for India’s renewables vision

Digital tools and technologies can disrupt the renewables sector in three ways—smarter generation, effective incentivisation, and efficient consumption

Industry News

Merchandise Exports from India Scheme: Non-basmati rice exports get 5% MEIS benefit for 5 months

Non-basmati rice has been made eligible for MEIS benefits at the rate of 5% for exports made between November 26 and March 25, 2019, the Directorate General Foreign Trade said in a notification.

Commodities News

180 farmer groups plan New Delhi march on November 29-30

The All India Kisan Struggle Coordination Committee will be mobilising farmers from across the country for this Kisan Mukti March.

farmers, farmers protest, delhi farmers march, delhi farmers protest, farmers march News

Maharashtra Dairies threaten to stop milk collection on pouch scarcity

Manufacturers said it is not possible for them to take the entire responsibility of preparing and following the EPR because they only supply films to dairies which then make milk pouches.

India News
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