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Policy-Economy-News-The Economic Times

Latest News on Indian Trade, Monetary and Industrial Policy. Also has news and analysis on Government Policy on Industries, Housing, Labour, Investment-Domestic and Foreign.

Last Build Date: Sat, 21 Jan 2017 15:11:56 GMT

Copyright: Copyright:(C)2017 Bennett Coleman & Co. Ltd,

Government mulls effective, open financial policies: Jayant Sinha

Sat, 21 Jan 2017 14:08:24 GMT

(image) Besides, Sinha said, the government's aim is to complete planned projects in the stipulated period and avoid delays.

Protectionism fears remain, but US, India collaboration to continue: FinMin, Industry

Sat, 21 Jan 2017 13:58:02 GMT

(image) R Chandrashekhar, President, Nasscom, said the Indian IT industry looks forward to working with the Trump Administration and the new Congress on issues of great importance.

RBI closely watching US Monetary Policy impact here

Fri, 20 Jan 2017 18:45:44 GMT

(image) The RBI’s Monetary Policy Committee, which sets interest rates, decided in December to keep them unchanged even after demonetisation.

Trai to stop building owners' exclusive pacts with telcos

Fri, 20 Jan 2017 16:44:39 GMT

(image) "Indulgence into exclusive contract prohibiting access to other Telecom Service Providers (TSPs) may be treated as violation of the licence agreement or registration."

Government invites bids from advisers for selling 26% in BEML

Fri, 20 Jan 2017 16:32:46 GMT

(image) The valuation of the PSU would be based on the methods like discounted cash flow, relative valuation; and asset based valuation.

India, 29 countries discuss Panama Papers investigations

Fri, 20 Jan 2017 16:15:52 GMT

(image) The sharing of this information within a group of this size is unique and sets the basis for greater cooperation amongst tax administrations.

Notes ban: I-T dept gets over Rs 300 crore declarations under PMGKY

Fri, 20 Jan 2017 15:48:30 GMT

(image) Officials said I-T department offices across the country have got a number of small to big declarations in this regard after the taxman launched an operation to check stash funds post notes ban.

UIDAI for incentives to merchants using Aadhaar payment system

Fri, 20 Jan 2017 14:20:53 GMT

(image) The Unique Identification Authority of India (UIDAI) is the nodal body responsible for rolling out the Aadhaar programme in the country.

Need to further speed up decision making to beat China: Nitin Gadkari

Fri, 20 Jan 2017 11:45:53 GMT

(image) Gadkari, who is here to attend the World Economic Forum, said India also aspires to be the world leader and a global economic superpower and it would need to work at the same speed as China.

Government bars cooperative banks from accepting deposits under new tax amnesty scheme, PMGKY

Fri, 20 Jan 2017 11:24:42 GMT

(image) The move comes following reports of some cooperatives not following specified know your customer norms and aiding laundering post demonetisation.

India a bright star in 'sober' global outlook: Uday Kotak

Fri, 20 Jan 2017 11:20:55 GMT

(image) "I feel India is normalising and the medium term outlook is good as long as we can hold ourselves together and focus on right things," he noted.

Working on ways to reduce transaction cost: RBI tells PAC

Fri, 20 Jan 2017 10:52:28 GMT

(image) Patel said the cash situation in urban areas was "almost normal", and efforts were on to improve the flow to rural and remote areas in the country.

Interest rate needs to be lower, acceptable, stable: President

Fri, 20 Jan 2017 09:53:45 GMT

(image) Before the 2008 crisis, the country's growth was over 9 per cent, "but our average national growth has been 7.6 per cent in the last decade".

Currency situation to normalise soon: RBI governor Urjit Patel

Fri, 20 Jan 2017 09:47:45 GMT

(image) Reserve Bank of India (RBI) Governor Urjit Patel today said that the cash crisis following the recent demonetisation in the country will normalise "soon", ANI reported.

President Pranab Mukherjee okays change in rules for rail budget merger

Fri, 20 Jan 2017 08:47:32 GMT

(image) The President has given nod to amend Government of India (Allocation of Business) Rules, 1961 in this regard and the department will now prepare both the budgets.