Economy

Members who quit never expressed concerns: says MoSPI on resignations in National Statistical Commission

Government said it “values” the NSC, but added these members had never expressed their concerns in any of the meetings of the commission in the last few months.

India News

SC cautions Karti Chidambaram against playing ‘around the law’

Karti had sought permission to travel to France, Spain, Germany and the UK for the next few months for international tennis tournaments

India News

Third project under maiden wind auction begins power supply

The tariff of Rs 3.46/unit was a record low in January 2017, about 17-30% lesser than the feed-in tariff prices in windy states.

Economy News

Trade wars: India may defer retaliatory tariffs against US yet again

However, India is the only major country whose goods trade surplus with the US narrowed in both 2017 and 2018 — a fact New Delhi has been highlighting in its talks with Washington.

Economy News

Power transmission projects: Less than 18% of Rs 10,894-crore funds utilised

As many as 117 projects were under implementation across the country based on grants from PSDF, and only Rs 1,894 crore had been disbursed to them till October 31, 2018.

Economy News

SC tells ED: No tennis for Karti Chidambaram if he doesn’t appear before you in Aircel, INX cases

He is accused of having received Rs 10 lakh in kickbacks to clear the foreign investment for INX Media, which was owned by Peter and Indrani Mukherjea.

India News

Amazon, Flipkart face local resistance: Indian retailers oppose extension of e-commerce rule deadline

The size of India's e-commerce industry currently stands at $18 billion- $20 billion, an analyst at EY noted.

Economy News

Two years of IBC: Near 52 pct of cases end in liquidation

From the 586 cases that have seen closure, almost 302 witnessed commencement of liquidation, while 79 witnessed closure by resolution.

Economy News

Insolvency Regulations: IBBI tightens noose around default by winning bidders

However, the UK-based firm could not make the promised upfront payment in time.

Economy News

Spending spree: Packages for MSMEs, farmers raise fiscal slippage risks, says Moody’s

While the government could accelerate stake sales in public-sector banks and seek special one-off dividend payments or deferments of subsidy payments to government-related entities to bridge budget sh

Economy News

Maharashtra PPAs: two stressed power plants get partial relief

However, in the process, Adani Power’s 3,300 MW Tiroda unit will now have to supply 343 MW to the state from the 440 MW it was providing till now.

Industry News

Udan scheme: Six water aerodromes to come up under Phase III

Six water aerodromes will come up in Gujarat, Assam and Telangana under the third phase of the regional connectivity scheme (RCS) announced by the ministry of civil aviation on Friday.

Industry News

NHAI tightens norms for bidding for EPC projects

The National Highways Authority of India (NHAI) is tightening the norms for developers to bid for road projects under the engineering, procurement, and construction (EPC) mode in an effort to disquali

NHAI, NHAI EPC PROJECTS News

Budget 2019: FM Piyush Goyal may review performance of PSU banks ahead of February 1

Interim finance minister Piyush Goyal may review on Monday the performance of public-sector banks (PSBs) in resolving the bad loan mess, undertaking governance reforms and lending to key sectors such

budget 2019, budget, union budget, narendra modi, narendra modi government, pm modi, union budget 2019, economy, arun jaitley, bjp government News

Eye on 10.5 lakh jobs: Tamil Nadu investors meet nets Rs 3 lakh crore from 304 MoUs

During its two-day flagship second edition of Global Investors Meet (GIM 2019), the Tamil Nadu government has signed 304 MoUs worth over Rs 3 lakh crore which will provide job opportunities for 10.50

Global Investors Meet, Global Investors Meet news, Global Investors Meet tamil nadu, tamil nadu Global Investors Meet, Global Investors Meet 2019 News

CAIT asks PM Modi not to defer implementation of new e-commerce guidelines

The confederation of All India Traders (CAIT) has written to Prime Minister Narendra Modi urging him to direct the commerce ministry not to defer or extend the implementation of the new guidelines for

ecommerce guidelines, ecommerce, ecommerce rules, guidelines for ecommerce in india News

GST trouble: January collections may be the lowest this fiscal

With rate cuts on 23 items coming into effect on Jan 1, the numbers may remain subdued next month as well.

gst collection, january gst collection, collection of gst, gst, News

Cabinet clears setting up of national bench of GST appellate tribunal

The Cabinet on Wednesday approved setting up of the national bench of the appellate tribunal for disputes arising under goods and services tax (GST).

gst, gst appellate tribunal, gst appeal authority News

Kerala eyes Rs 25,000 crore from Pravasi Chitty in 2019

As much as Rs 10,000 crore raised with the help of Pravasi Chitty in KIIFB is earmarked to finance two new road projects.

Kerala, Pravasi Chitty in 2019, Pravasi Chitty News

Income tax returns: Taxmen use AI to identify non-filers with potential tax liability

Cases where no return is filed or no response received, initiation of proceedings under the I-T Act to be considered by CBDT.

IT assesment, it assesment news, News

MCA to create forum of regulators to resolve issues of jurisdictional overlap

Many areas of overlapping jurisdiction have emerged between the Competition Commission and sector-specific regulators such as Trai, CERC, PNGRB and more.

mca, ministry of corporate affairs, mca jurisdictional overlap News

Toxic air: Delhi air quality can improve with BS-VI norms, Ujjwala scheme

ARAI director Rashmi Urdhwareshe and TERI director-general Ajay Mathur made the study public at the SIAT automotive show in Pune. Data was collected from 20 locations with nine of them in Delhi and 11

delhi air quality, delhi pollution, News

Cabinet to decide soon on stressed power assets, says RK Singh

A group of ministers headed by finance minister Arun Jaitley is deliberating on the HLEC recommendations and deciding on their viability.

rk singh, power, power plants, News

Pravasi Bhartiya Diwas: PM Modi describes NRIs as India’s brand ambassadors

Inaugurating the 15th Pravasi Bharatiya Diwas convention in his parliamentary constituency Varanasi here on Tuesday, Prime Minister Narendra Modi described NRIs as India’s brand ambassadors and repr

pravasi Bharatiya Divas, pravasi Bharatiya Divas 2019, pravasi Bharatiya Divas convention News

Paradox: India among most trusted nations, but its brands least trusted, says report

The 2019 Edelman Trust Barometer report was released on Monday ahead of the World Economic Forum (WEF) meet, reports PTI.

Economy News

SC seeks govt response on plea against financial creditor status to homebuyers

This right given to allottees is in addition to claims before consumer fora and Rera, which according to real estate developer Pioneer Urban Land and Infrastructure, has the effect of driving a financ

Economy News

Apex court refuses to stay TDSAT order rejecting Trai’s predatory pricing rule

The Supreme Court on Monday agreed to hear telecom regulator Trai’s appeal against a telecom tribunal’s order that quashed its rules on predatory pricing and discounted offers.

Economy News
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