November 19, 2020 03:52 PM IST
ICRA reports robust recovery in key construction sectors such as cement and steel and healthy central government awards in roads and railways during Q2 FY2021.
- November 18, 2020 05:08 PM IST
The central and state governments should increase their spending on the country's healthcare sector to 2.5 percent of GDP over the next four years, Finance Commission chairman N.K. Singh said on Wednesday.
- November 18, 2020 12:37 PM IST
The Code on Social Security, 2020 has widened the coverage of social security benefits to the workers in the unorganised sector namely the contract workers, gig workers, platform workers and migrant workers.
- November 17, 2020 06:28 PM IST
On Tuesday, BPCL shares closed 4.4 per cent lower. That would value the centre’s 53 per cent stake at around Rs 45,000 crore. And this time around, officials aren’t even remotely willing to hazard a guess on what sort of premium the government would get on its stake.
- November 12, 2020 09:07 PM IST
Finance Minister Nirmala Sitharaman said that the size of ‘Aatmanirbhar Bharat 3.0’ package amounted to Rs 2.65 lakh crore. However, calculations by Moneycontrol and by independent analysts show that it may not be more than Rs 1.5 lakh crore.
- November 11, 2020 05:06 PM IST
Moneycontrol had in September reported the government was considering widening the Performance-Linked Incentive scheme. Apart from pharmaceuticals and medicines, the government also notified a PLI for the electronics and mobile phone sectors.
- November 11, 2020 03:20 PM IST
In September, the bank had forecast India's 2021 calendar year growth at 9.9 percent and financial year 2021-22 at 15.7 percent. GS expects these projects to hold, making India the fastest growing major economy in the world.
- November 09, 2020 02:07 PM IST
According to the recommendations, Children's Film Society, Directorate of Film Festivals, Film Division of India, National Film Archive of India and National Film Development Corporation, should be merged to create efficiency of scale and end duplication.
- November 05, 2020 10:19 AM IST
Instead of a separate urban employment programme, the government believes that its limited resources, due to the impact of COVID-19 on the economy, are better spent on infrastructure outlay.
- October 30, 2020 03:27 PM IST
The Commission’s recommendations will reflect in the Modi government’s 2021-22 Union Budget. The Finance Minister is likely to table the Commission’s report, and an action taken report signifying which recommendations of the Commission have been accepted, along with the budget documents.
- October 29, 2020 03:59 PM IST
The price of sugar juice-based ethanol was being increased by Rs 3.25 per litre to Rs 62.65 per litre, that of ethanol ‘B Heavy’ was being raised to Rs 57.61 per litre, and ‘C Heavy’ ethanol will fetch Rs 45.69 per litre.
- October 29, 2020 02:46 PM IST
In an interview with the Economic Times, the Prime Minister also said that with regards to further stimulus measures, the government will ensure that all required measures needed to continue stimulating the economy are undertaken in a timely manner while ensuring overall macro-economic stability.
- October 22, 2020 11:29 AM IST
The responsibilities of RBI’s four deputy governors need to be defined and given proper titles and job roles. This will ensure that specialists are chosen for these roles, and will signal to the government that appointments need to be made in time as departments cannot be transferred that easily
- October 16, 2020 03:04 PM IST
In an exclusive interview, DIPAM Secretary Tuhin Kanta Pandey says plans for FY21 include IPOs of RailTel, IRFC Ltd and WAPCOS Ltd. and the privatisation of Nilanchal Ispat Nigam Ltd plant in Odisha, and the Salem and Bhadravathi steel plants of SAIL Ltd. Pandey also said the government is trying its best to complete the privatisation of Shipping Corp, Concor Ltd, Bharat Earth Movers Ltd and Central Electronics Ltd before March 31, 2021.
- October 14, 2020 05:07 PM IST
In a research paper, former CEA argues that the Indian domestic market is still quite small, and is likely to remain so over the medium-term, since domestic demand will be weighed down by heavy debts across the economic horizon—in firms, households, and the government.
- October 14, 2020 01:58 PM IST
The International Monetary Fund, in its World Economic Outlook report late on Tuesday, said that Bangladesh is set to beat India in terms of per capita gross domestic product (GDP) in calender year 2020.
- October 09, 2020 01:17 PM IST
The RBI’s decision to purchase state bonds in the secondary market through open market operations will provide a boost to the states’ finances at a time when they, just like the centre, are having to deal with a massive revenue crunch and rising expenditure commitments
- October 07, 2020 02:40 PM IST
The government is rolling out the ‘big guns’ including Defence Minister and the Bharatiya Janata Party’s farmer face Rajnath Singh, Finance Minister Nirmala Sitharaman, Agriculture Minister Narendra Singh Tomar and Minister of State for Finance Anurag Thakur,
- September 30, 2020 02:47 PM IST
The recent labour reforms are one of the most important policy decisions of the NDA government with the potential to impact millions of organised and unorganised workers across the country while also ensuring that India has a competitive edge where industry and commerce is concerned
- September 23, 2020 09:56 PM IST
CAG said against the target of 92.8 percent in the Budget estimates, the operating ratio of Railways was 97.29 percent in 2018-19, which means Railways spent Rs 97.29 to earn Rs 100.
- September 18, 2020 12:50 PM IST
Politicking aside, it will all boil down to whether India’s millions of small and marginal farmers end up securing a stronger bargaining power.
- September 16, 2020 07:36 PM IST
In this edition of Big Story, let's find out more on the recommendation by the govt panel to induce investments in the startup ecosystem.
- September 14, 2020 03:02 PM IST
Finance Minister Nirmala Sitharaman tabled a supplementary demand for grants in Parliament, which reflects the additional expenses sought by various ministries over and above the amount allocated in the Budget
- August 28, 2020 08:34 AM IST
The new monetary policy framework – “robust updating” - puts focus on broader and inclusive employment and is more tolerant of higher inflation before any hikes in interest rates are considered
- July 27, 2020 04:50 PM IST
Experts say it will increase transparency and liquidity of the mineral markets in India and will also play a vital role in aiding economic growth.