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Economy-News-The Economic Times

News on Indian Economy, Economic Indicators, Government Policy for Economy, Industries Fiscal & Monetary Measures. News & analysis on Domestic and International Trade, National and State Finances, Budget, Government Regulation, Monetary Policy, RBI Rates, Interest Rates, CRR, Indian Trade, Monetary and Industrial Policy.

Nabard to give Rs 228 crore grant for cashless payment systems

Nabard will extend nearly Rs 120 crore to banks for deployment of two PoS devices each in one lakh villages of having a population of up to 10,000.
Posted: December 8, 2016, 6:58 pm
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India-US Smart Cities partnership will endure transition: American official MaryKay Carlson

Billionaire businessman Trump beat seasoned politician Hillary Clinton in the polls last month. He will take over as the 45th President of the United States in January.
Posted: December 8, 2016, 6:57 pm
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China declines to react on Indo-Russian gas swap proposal

"I have noticed this. But we don't know the details," Chinese Foreign Ministry spokesman Lu Kang told reporters when asked about the proposal.
Posted: December 8, 2016, 6:07 pm
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Lok Sabha passes Supplementary Demands for Grants 2016-17

As much as Rs 24,805.34 crore of the planned expenditure will be met from savings of the ministries and departments or by enhanced receipts and recoveries.
Posted: December 8, 2016, 6:02 pm
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Free rail cover worth Rs 10 lakh if you buy tickets online, cheaper fuel on card purchases: Arun Jaitley

"The government will provide 2 POS or Point of Sale machines for free to each village that has a population of over 8,000," Jaitley said.
Posted: December 8, 2016, 5:49 pm
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More funds in Budget to universalise maternity benefit scheme

Arun Jaitley may in his third Union Budget to be presented on February 1 seek to reflect government's priority on addressing critical issues faced by women.
Posted: December 8, 2016, 5:45 pm
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Himachal Pradesh 18th state to join UDAY, to get benefit of Rs 823 crore

An overall net benefit of about Rs 823 crore would accrue to the state by opting to participate in UDAY, by way of savings in interest cost.
Posted: December 8, 2016, 5:18 pm
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GST Council may reduce tax slabs in future: CBEC chief Najib Shah

Any change in tax slab is possible after assessing the revenues and the effect of exemptions and deductions given in the new tax regime and analysing it with the expenditure.
Posted: December 8, 2016, 5:15 pm
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Favourable demand-supply situation is prevailing in 2016: ANRPC

The total NR production will touch 11.08 million tonnes in the year, up by 0.1 % over last year, the report said. Till November, the production increased 0.4% to 10.10 million tonnes.
Posted: December 8, 2016, 4:39 pm
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$48 billion textile exports target looks hard to achieve: Government

The overall exports of textiles and garments from India during 2015-16 was USD 40 billion, falling way short of the USD 47.5 billion target.
Posted: December 8, 2016, 4:23 pm
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