Eco/Invest/Demography

Govt may target disinvestment in the merged PSU insurer in 2019-20

Indian News       Jan 22, 2019

:  New Delhi: The Indian government is likely to seek to raise about 800 billion rupees ($11.21 billion) through the sale of state-owned assets in the next fiscal year, beginning April 1, two government sources with direct knowledge of budget discussions told Reuters on Tuesday.The...

India’s richest 1% get richer by 39% in 2018; just 3% rise for bottom-half: Oxfam

Indian News       Jan 21, 2019

  Davos:  India's richest 1% get richer by 39 percent in 2018, just 3 percent rise for bottom-half: Oxfam   At Davos, Oxfam said this increasing inequality is undermining the fight against poverty, damaging economies and fuelling public anger across the globe   Indian billionaires saw their fortunes...

World's oldest man dies in Japan at 113

Facts       Jan 20, 2019

  ‘World's oldest man’ Masazo Nonaka, who was born in 1905, just two years after the Wright brothers launched humanity's first powered flight, died on January 20, aged 113, Japanese media said.   Nonaka was born in July 1905, according to Guinness World Records — just months...

India likely to surpass UK in the world's largest economy rankings: PwC

International News       Jan 20, 2019

  London: India is likely to cross the United Kingdom in the world’s largest economy rankings in 2019, a report published by global consultancy firm PwC stated. “India and France are likely to surpass the UK in the world’s largest economy rankings in 2019, knocking it...

Urban Affairs Ministry to organise fortnight-long programme for poorest of poor

Indian News       Jan 18, 2019

  New Delhi, The Housing and Urban Affairs ministry will extend outreach of its flagship project Deendayal Antyodaya Yojana among the poorest of poor in the country through a series of events in the coming month. The 'Shehri Samridhi Utsav', focusing on urban livelihoods, will be...

EV makers demand Rs 20,000 cr in the next two years for promoting vehicles

Indian News       Jan 18, 2019

New Delhi: Electric vehicle (EV) makers' body SMEV Wednesday sought an allocation of Rs 20,000 crore in the next two years for promoting EVs in the country and also urged the government to impose a "notional green cess" on conventional vehicles in the upcoming interim...

Major farm measures likely in coming weeks: Agriculture Minister

Indian News       Jan 17, 2019

  New Delhi: Agriculture Minister Radha Mohan Singh Thursday indicated announcement of major measures in the coming weeks to address farm distress across the country, a move that will come ahead of Lok Sabha elections.    The agriculture ministry has prepared a cabinet note on "addressing income...

Govt to conduct economic census, to create a national business register

Indian News       Jan 17, 2019

  NEW DELHI: The government plans to create a business enterprise register that will have details of all kind of businesses being run in the country as it gears up to conduct a nationwide economic census in 2019-20, a top official said Thursday.  "We propose to...

``Rising geopolitical and geo-economic tensions are the most urgent risk in 2019''

International News       Jan 16, 2019

    Mumbai: According to the the World Economic Forum’s Global Risks Report, rising geopolitical and geo-economic tensions are the most urgent risk in 2019, with 90% of experts saying they expect further economic confrontation between major powers in 2019.   The report released on Wednesday said environmental...

Tax return will soon be processed in one day

Indian News       Jan 16, 2019

  New Delhi: IT major Infosys has been selected to implement the next generation system for processing income tax return filings, with the Union Cabinet sanctioning an estimated Rs 4,241.97 crore for the project.   The move will help in bringing down the income tax return (ITR)...

1 2 3 4