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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: Tue, 21 Feb 2017 08:27:36 GMT

Copyright: Copyright:(C)2017 Bennett Coleman & Co. Ltd, http://info.indiatimes.com/terms/tou.html
 



Are Jio's offers base plan or special voucher, TDSAT asks TRAI

Tue, 21 Feb 2017 07:38:02 GMT

(image) TDSAT is hearing an appeal by incumbent players Bharti Airtel and Idea Cellular challenging TRAI's decision to allow the new operator to continue free promotional offer beyond the stipulated 90 days.



Expect a visit from taxman if you've ignored I-T dept's email

Tue, 21 Feb 2017 00:50:20 GMT

(image) The depositors were asked by the I-T department to explain the source of the money by logging in to its portal and by February 15, about 7.3 lakh people responded.



Can you send and receive money without a bank account? Aadhaar will make that possible

Mon, 20 Feb 2017 20:06:08 GMT

(image) IndiaPost CEO AP Singh told ET that currently, Aadhaar is not a payment address in itself, but the payments bank, which plans to start operations from September 2017, will change that.



Shaken PSB bosses take NPA probe worries to FM Arun Jaitley, seek assurance there won’t be witch-hunt

Mon, 20 Feb 2017 19:14:56 GMT

(image) Bankers that attended the meeting with Jaitley included Arundhati Bhattacharya, chairman of SBI, Usha Ananthasubramanian, MD of PNB, and IDBI CEO Kishor Kharat.



Government 'favourably' considering Apple's proposal

Mon, 20 Feb 2017 17:39:19 GMT

(image) Last month, Apple Inc had indicated to the government that it is ready with a blueprint to begin manufacturing iPhones in India but wants fiscal concessions, including Customs duty waiver on import of components.



Centre okays building of over 90,000 houses under PMAY (Urban)

Mon, 20 Feb 2017 17:27:31 GMT

(image) The central assistance for construction of these houses would be to the tune of Rs 1,188 crore.



PM Modi's nod mandatory for terminating services of sr staff in CPSEs

Mon, 20 Feb 2017 12:22:48 GMT

(image) All the ministries were earlier requested to ensure that whenever a need arose to terminate an appointment, proposals should be sent to DoPT for obtaining orders of the committee



Government straightening system to promote investment: VK Singh

Mon, 20 Feb 2017 12:18:34 GMT

(image) "There are problems. Those problems basically come up because we have a straight-jacketed system in our bureaucratic deals which is where a lot of delays take place," VK Singh said.



CPSEs should follow a transparent promotion policy: DPE Secy

Mon, 20 Feb 2017 09:49:08 GMT

(image) Chief Vigilance Commissioner K V Chowdary said the organisations need to transmit their culture and ethical values to its employees, stakeholders and Board of Directors



Licensing for payment sector can't be tick-box exercise: RBI Deputy Governor R Gandhi

Mon, 20 Feb 2017 09:33:00 GMT

(image) He clarified that RBI, as a payment system regulator, has opened up the space of non-bank entities and given them access to various payment systems.



Government mulls proposal to free up retail FDI policy but only for India-made goods

Sun, 19 Feb 2017 19:14:20 GMT

(image) The policy under consideration applies to both offline and online retail and would remove restrictions on companies such as Walmart, Tesco, Amazon and others.



Perform or perish: Steel Minister to top brass of PSUs

Sun, 19 Feb 2017 12:12:47 GMT

(image) The minister pulled up public sector firms like SAIL and RINL for not only lagging behind on international benchmarks, but were behind their private counterparts and complacent in ramping up capacities.



Re-verification of old subscribers to cost Rs 2,500 crore: COAI

Sun, 19 Feb 2017 09:17:03 GMT

(image) In a letter to the Telecom Department, COAI has estimated the cost of carrying out this activity at about Rs 2,500 crore.



Niti Aayog reviews progress in Mumbai-Ahmedabad bullet train project

Sun, 19 Feb 2017 09:14:01 GMT

(image) The meeting, chaired by Niti Aayog was also attended by 20-member Japanese delegation last week, and it decided to expedite preliminary work and obtain environmental clearances.



TRAI examining BSNL's new app-based calling service; view soon

Sun, 19 Feb 2017 09:08:45 GMT

(image) Cellular operators under industry body COAI approached the telecom regulator against the limited fixed mobile telephony services announced by BSNL.