Moneycontrol

Economy

  • Wanted: Investors to upgrade India's roads

    Wanted: Investors to upgrade India's roads  

    The National Highways Authority of India (NHAI) is looking to sell 50 billion rupees ($775 million) worth of the offshore rupee-denominated bond in order to build expressways, economic corridors, bridges and tunnels.

    25 Apr 2017, 8.25 am  |  Source: CNBC

  • Abolish octroi once GST rolls out: Mumbai BJP

    Abolish octroi once GST rolls out: Mumbai BJP  

    "Octroi is being levied in Mumbai for a long time and it should be abolished immediately once GST comes into force. We also want most of the transactions of Municipal Corporation of Greater Mumbai (MCGM) to take place electronical...

    25 Apr 2017, 7.30 am  |  Source: PTI

  • Maharashtra seeks Central aid for completing irrigation projects

    Maharashtra seeks Central aid for completing irrigation projects  

    Chief Minister Devendra Fadnavis met Nripendra Misra, Principal Secretary, Prime Minister's Office (PMO), in New Delhi and discussed projected related to Maharashtra.

    25 Apr 2017, 7.30 am  |  Source: PTI

  • Value investments by Indian companies: US on H-1B visa issue

    Value investments by Indian companies: US on H-1B visa issue  

    "With respect to any new requirements on visas, I'd have to check and see if that's been updated," he said, adding that under the current government, the US has been looking at ways to strengthen the processes like visa in...

    25 Apr 2017, 7.30 am  |  Source: PTI

  • Bad loans issue not 'insurmountable' for India: Jaitley

    Bad loans issue not 'insurmountable' for India: Jaitley  

    Finance Minister Arun Jaitley today asserted that the problem of bad loans in the banking system is not "insurmountable" for a large economy like India as it is limited to only 20-30 big accounts.

    24 Apr 2017, 10.36 pm  |  Source: PTI

  • Jaitley says 7-8 pc growth 'absolute normal' for India

    Jaitley says 7-8 pc growth 'absolute normal' for India  

    Finance Minister Arun Jaitley today said India will continue to grow at 7-8 percent rate, an 'absolute normal' for the nation under the current global environment.

    24 Apr 2017, 9.44 pm  |  Source: PTI

  • India not discussing individual cases with US: Nirmala on H-1B

    India not discussing individual cases with US: Nirmala on H-1B  

    Commerce and Industry Minister Nirmala Sitharaman today said the government has taken up the H-1B visa issue with the US but it is not discussing the problems of individual IT companies.

    24 Apr 2017, 9.14 pm  |  Source: PTI

  • India's crude steel output up 11% at 25.77 MT in Jan-Mar

    India's crude steel output up 11% at 25.77 MT in Jan-Mar  

    The country's crude steel output rose by 10.7 percent to 25.76 million tonnes (MT) in the January-March quarter of 2017, against 23.26 MT in the year- ago period, according to global industry body Worldsteel.

    24 Apr 2017, 8.27 pm  |  Source: PTI

  • Govt aims to end APMC monopoly with new model agri-mkt law

    Govt aims to end APMC monopoly with new model agri-mkt law  

    In a major move to liberalise agri-markets, the Centre has come out with a draft model law that seeks to end monopoly of traditional APMC mandis and allow private players and others to set up wholesale markets.

    24 Apr 2017, 8.20 pm  |  Source: PTI

  • DIPP formulating policy to encourage domestic manufacturing

    DIPP formulating policy to encourage domestic manufacturing  

    The commerce and industry ministry is formulating a policy to give preference to locally manufactured goods in government procurement, a senior official said today.

    24 Apr 2017, 7.43 pm  |  Source: PTI

  • PM to review infra performance with officials tomorrow

    PM to review infra performance with officials tomorrow  

    Prime Minister Narendra Modi will review the performance of seven infrastructure sectors including roads, transport and railways at a meeting tomorrow with the officials of the ministries concerned.

    24 Apr 2017, 7.22 pm  |  Source: PTI

  • Bihar adopts GST; Nitish terms it as 'a historic moment'

    Bihar adopts GST; Nitish terms it as 'a historic moment'  

    Both the Houses of Bihar Legislature today unanimously adopted the Goods and Services Tax (GST) bill along with the Bihar taxation (Amendment) Bill, becoming the second state after Telangana to pave the way for roll out of the GST...

    24 Apr 2017, 6.16 pm  |  Source: PTI

  • Govt to auction mines for coal-to-gas, CTL projects in FY18

    Govt to auction mines for coal-to-gas, CTL projects in FY18  

    The government will put under the hammer coal blocks for private coal-to-gas, liquid and polychemical projects this financial year, a top official said today.

    24 Apr 2017, 5.10 pm  |  Source: PTI

  • NITI's vision: Houses, vehicles, ACs for all by 2032

    NITI's vision: Houses, vehicles, ACs for all by 2032   

    This is a glimpse of Vision 2031-32 presented by the NITI Aayog Vice-Chairman Arvind Panagariya to the body's Governing Council, chaired by Prime Minister Narendra Modi, at a meeting held yesterday in the presence of chief min...

    24 Apr 2017, 3.55 pm  |  Source: PTI

  • Bihar Legislative Assembly approves GST

    Bihar Legislative Assembly approves GST  

    With ruling JD(U), RJD, Congress and even opposition BJP and its NDA partners in support of GST, the House adopted the related Bills to pave way for roll out of GST through voice vote.

    24 Apr 2017, 3.27 pm  |  Source: PTI

  • Display foodgrain subsidy at ration shops: Centre to states

    Display foodgrain subsidy at ration shops: Centre to states  

    Wheat and rice are being sold through PDS (public distribution system) shops, also known as fair price or ration shops, at a highly-subsidised rate of Rs 2 and Rs 3 per kg, respectively, as per the Food Security Law.

    24 Apr 2017, 3.05 pm  |  Source: PTI

  • India aims to cut petroleum imports as it boosts alternative fuel use

    India aims to cut petroleum imports as it boosts alternative fuel use  

    But he could not provide a specific timeline for the target due to challenges with the distribution and availability of alternative fuels such as liquefied natural gas (LNG) in India, he said.

    24 Apr 2017, 2.52 pm  |  Source: Reuters

  • Food Ministry favours hike in tur dal import duty to 25%

    Food Ministry favours hike in tur dal import duty to 25%  

    Paswan's comments follow a meeting with Maharashtra Chief Minister Devendra Fadnavis who sought hike in customs duty on tur dal saying farmers are struggling to get even the minimum support price (MSP) because of record output...

    24 Apr 2017, 2.32 pm  |  Source: PTI

  • Higher coal & iron ore prices to take sheen off steel-makers' Q4 earnings

    Higher coal & iron ore prices to take sheen off steel-makers' Q4 earnings  

    Despite a sequential improvement in realization of Rs 1,500-2,000/tonne, Elara Capital expects operating income of steel manufacturers to be hit on the back of higher coal costs. The brokerage expects JSW Steel to be affected the ...

    24 Apr 2017, 1.33 pm  |  Source: Moneycontrol.com

  • India's March oil, gas output rise

    India's March oil, gas output rise  

    India's crude oil production in March inched up 0.94 percent to 3.1 million tonnes from a year ago, while natural gas output rose 8.92 percent to 2.75 billion cubic metres, provisional government data released on Monday showed...

    24 Apr 2017, 11.43 am  |  Source: Reuters

  • Double-decker overnight AC train to be launched in July

    Double-decker overnight AC train to be launched in July  

    Equipped with comfortable reclining chairs, the 120- seater AC coach will have large automatic food and tea/cold drink vending machines for passengers.

    24 Apr 2017, 10.45 am  |  Source: PTI

  • China policymakers bullish on economy, cite strong Q1 GDP, stable yuan

    China policymakers bullish on economy, cite strong Q1 GDP, stable yuan  

    Speaking at a G20 summit meeting of the world's top economies in Washington last week, finance minister Xiao Jie said an increasing number of positive signs were seen in the Chinese economy in the first quarter gross domestic ...

    24 Apr 2017, 9.35 am  |  Source: Reuters

  • Protectionism will hurt global economy, people welfare: Jaitley

    Protectionism will hurt global economy, people welfare: Jaitley  

    "Questions are raised today in certain quarters about the global compact, which we have developed over the years- multilateralism driving the rule-based flow of goods and services- to deliver growth, development and poverty reduct...

    24 Apr 2017, 9.00 am  |  Source: PTI

  • New policy on steel after Cabinet nod, says steel minister Chaudhary Birender Singh

    New policy on steel after Cabinet nod, says steel minister Chaudhary Birender Singh  

    "The steel ministry has received several suggestions on the draft of the Steel Policy which was in the public domain. After incorporating important suggestions, the policy will be placed before Cabinet for approval," Singh told a ...

    24 Apr 2017, 8.50 am  |  Source: PTI

  • Ensure free and fair trade practices for global recovery: FM

    Ensure free and fair trade practices for global recovery: FM  

    Global economic outlook has changed for the better with some silver linings finally emerging, Jaitley said at the meeting of the International Monetary and Financial Committee (IMFC).

    24 Apr 2017, 8.50 am  |  Source: PTI

  • Reducing inequality necessary to ensure long term growth: World Bank

    Reducing inequality necessary to ensure long term growth: World Bank  

    The bank said further improvements in the global outlook will require policies that foster inclusive and sustainable growth, address financial vulnerabilities, said the communique issued by the Development Committee at the finance...

    24 Apr 2017, 8.45 am  |  Source: PTI

  • BJP Chief Ministers give presentation on work done at meet with PM Modi, Amit Shah

    BJP Chief Ministers give presentation on work done at meet with PM Modi, Amit Shah  

    They also gave a detailed presentation on models applied by their governments to get feedback from people on the efficacy of their schemes, including the centrally sponsored schemes.

    24 Apr 2017, 8.00 am  |  Source: PTI

  • Economy to grow over 3-fold to $7.25 trn by 2030: Niti Aayog

    Economy to grow over 3-fold to $7.25 trn by 2030: Niti Aayog  

    In a presentation made at its Governing Council meeting -- chaired by Prime Minister Narendra Modi and attended by 28 state chief ministers -- here today, the government think-tank projected the size of the Indian economy.

    24 Apr 2017, 8.00 am  |  Source: PTI

  • PM Modi bats for simultaneous elections, changing fiscal to January-December

    PM Modi bats for simultaneous elections, changing fiscal to January-December  

    Addressing the Niti Aayog Governing Council's third meeting, which was attended by several state chief ministers, Modi said for long, India had suffered from economic and political mismanagement.

    24 Apr 2017, 7.40 am  |  Source: PTI

  • India's growth to accelerate further due to GST: Arun Jaitley

    India's growth to accelerate further due to GST: Arun Jaitley  

    The minister also said the scrapping of old Rs 500 and Rs 1,000 notes will increase tax compliance and reduce threat of counterfeit currency.

    24 Apr 2017, 7.35 am  |  Source: PTI

Sections
Follow us on
Available On