EconomyLoop
where regional business news becomes global to everyone

Nearly 4% of GDP is lost by malnutrition, 50% kids under-nourished: Report

The paper quoted data from the National Family Health Survey-4 which showed that close to 60 per cent of children aged between 6 and 59 months are anaemic... read more

 Business Standard53 minutes ago

     
UP likely to give Rs 20 billion dole to sick government sugar mills

In 2007, the Mayawati government (2007-12) had taken the decision to privatise 10 operational mills of UPSSCL and 11 defunct units of UP Rajya Chini Evam Ganna Vikas Nigam Ltd (UPRCEGVNL)... read more

 Business Standard53 minutes ago
Jaitley should contain fiscal deficit in Budget 2018: Noted economist

The government is aiming to contain fiscal deficit for the current fiscal at 3.2 per cent of GDP... read more

 Business Standard30 minutes ago
Andhra Pradesh govt selects Adani Ports to develop Bhavanapadu Port

Hyderabad, 21 January: Andhra Pradesh government has finally approved lone bidder Adani Ports and SEZ Limited as the developer of Bhavanapadu Port project after negotiating for a higher revenue share with the company.Located in the north-coastal dist... read more

 Business Standard1 hour ago
India’s fiscal deficit may widen to 3.5 per cent in FY19, says Morgan Stanley report

India's fiscal deficit is expected to increase to 3.5 per cent of GDP in 2018-19 but it will not have any material impact on macro stability risks, says a Morgan Stanley report.... read more

 Financial Express1 hour ago
World Economic Forum: Transport, energy solutions high on Piyush Goyal’s agenda in Davos

Railways and Coal Minister Piyush Goyal will meet top bosses of multinational companies like Philips, Hitachi, Hewlett Packard, Volkswagen and Siemens in Davos where he is accompanying Prime Minister Narendra Modi and other Union ministers for the Wo... read more

 Financial Express1 hour ago
Commerce ministry for removal of sunset clause for SEZs

The commerce ministry has pitched for continuation of tax incentives being enjoyed by units in special economic zones (SEZs) with a view to boost shipments and job creation, a government official said.... read more

 Financial Express1 hour ago
Gender parity can boost India’s GDP by 27%, say IMF Chief Christine Lagarde, Norway PM Erna Solberg

Raising women's participation in the labour force to the same level as men can boost India's GDP by 27 per cent, IMF Chief Christine Lagarde and Norway's Prime Minister Erna Solberg have said in a joint paper.... read more

 Financial Express1 hour ago
Regulation should be kept at minimum, not stifle industry, says Suresh Prabhu

A government cannot run industry and regulation on businesses should be kept to a minimum to attract more foreign direct investment (FDI) and spur domestic financing, according to a minister.... read more

 Financial Express1 hour ago
WEF preps for Modi mantra with tastes of India, twists of yoga

Over 3,000 world leaders from business, politics, art, academia and civil society will attend the 48th World Economic Forum (WEF) Annual Meeting over the next five days... read more

 The Hindu2 hours ago
India to become fastest growing large economy in 2018, says report

India will overtake China to be the fastest growing large economy in 2018 and the country's equity market will become the fifth largest in the world, says a report.... read more

 Financial Express2 hours ago
Regulation should be kept at minimum, not stifle industry: Suresh Prabhu

The minister is slated to hold a series of bilateral meetings with his counterparts from many countries, including Australia and the UK, participating at the WEF in Davos... read more

 Business Standard2 hours ago
Having an open mind about spectrum auction, will wait for Trai report: DoT

The Telecom Regulatory Authority of India (Trai) had held an extensive dialogue last week on spectrum auctions with telcos, most of whom are opposed to auctions... read more

 Business Standard2 hours ago
Government to auction 8 more mineral blocks in three states by mid-march

The government has identified eight more mineral blocks with a cumulative reserve of 1,133 million tonnes (MT) in Rajasthan, Chhattisgarh and Jharkhand to be auctioned by mid-march. So far, a total of 88 mineral blocks have been notified by 9 sta... read more

 Business Standard2 hours ago
Swachh Bharat: Maharashtra constructs most toilets; BJP-ruled states shine

The Centre is focusing on construction of toilets to make the cities open defecation free by 2019... read more

 Business Standard2 hours ago
Union Budget 2017-18: Govt may tweak tax slabs, bring standard deduction, says survey

The government is likely to tweak income tax slabs and rates in Budget 2018-19 to bring down the burden on individuals, while there is unlikely to be any change in the current taxation of dividends, according to a survey by EY.... read more

 Zee India News2 hours ago
Govt set to make company registration process faster, user-friendly

The corporate ministry is implementing the Companies Act, among others... read more

 Business Standard3 hours ago
WEF: Gender parity can boost India's GDP by 27%, says IMF chief, Norway PM

Said giving women and girls opportunity to succeed is not only the right thing to do but can also transform societies, economies... read more

 Business Standard3 hours ago
Budget 2018 to bring income tax cheer? Here's why this EY survey thinks so

About 59% of the respondents were of the view that multiple outdated deductions would be replaced with a standard deduction in order to reduce the tax burden of employees... read more

 Business Standard3 hours ago
Amazon, Flipkart offer heavy discounts in online sale: All you need to know

Online retailers Amazon and Flipkart on Sunday kickstarted Great Indian Sale and Republic Day Sale respectively.... read more

 Zee India News3 hours ago
FPIs eye earnings recovery, put Rs 87 bn into capital markets in Jan so far

According to the depositories data, FPIs infused in a net amount of Rs 57.69 billion in equities and Rs 29.40 billion in the debt markets during January 1-19... read more

 Business Standard3 hours ago
Rakes shortage hits firms: Steel ministry talks with Railways to find a fix

Railway rakes are those wagons that carry various raw materials like coal and iron ore to industrial plants... read more

 Business Standard3 hours ago
India's fiscal deficit may widen to 3.5% in FY19: Morgan Stanley report

Even though spending growth is expected to accelerate, Morgan Stanley's base case is that it does not expect a material impact on the inflation outlook... read more

 Business Standard3 hours ago
WEF Davos 2018: Goyal eyes investments in Railways from VW, Siemens, others

Goyal expected to speak on India's plans to transition to alternative energy sources, partnering on energy solutions, finding transport solutions... read more

 Business Standard3 hours ago
Remove sunset clause on tax benefits for SEZ units: Commerce ministry

According to industry experts, the clause that indicates the date in advance on which tax incentives will cease to exist is a retrograde step and would impact investments and job creation... read more

 Business Standard4 hours ago
India to overtake China as fastest growing large economy in 2018: Report

According to a Sanctum Wealth Management report, the country's equity market will become the fifth largest in the world in 2018... read more

 Business Standard4 hours ago
World Economic Forum: PM Narendra Modi set for historic Davos visit; here are must-know facts

PM Narendra Modi is all set to visit Davos on January 22 to attend the annual general meeting of the World Economic Forum and will be addressing the gathering at the plenary session the next day.... read more

 Financial Express4 hours ago
Steel ministry seeks import duty waiver for coking coal

Ahead of the Union Budget 2018-19, the steel ministry has sought waiver of the import duty on coking coal to boost the sector, a top official said.... read more

 Financial Express4 hours ago
Yet to file returns? Good news as last date for GSTR-3B extended to Monday

GSTR-3B is meant to capture details of outward and inward supplies... read more

 Business Standard6 hours ago
Relief for used car players as GST rate slashed for second-hand vehicles

The abolition of the cess on ambulances was positive for Force Motors, the largest player in that segment, India Infoline added... read more

 Business Standard12 hours ago
Seafood importers, exporters meet to address shrimp antibiotic issue

The aim is to create a shared understanding of the current situation and to develop a strategy to limit the use of antibiotics in the Indian shrimp sector... read more

 Business Standard15 hours ago
Odisha seeks I-T exemption on DMF funds, credit trust for farm loans

Flagging the issue of farm loans, the minister said availability of bank credit without collateral and third party guarantees would go a long way in providing access to long-term credit to farmers... read more

 Business Standard15 hours ago
Expecting a populist Budget? FM's hands could be tied by fiscal constraints

The Finance Minister is in an unenviable position of having to meet multiple expectations ranging from that of corporates or businesses seeking "relief" after GST implementation... read more

 Business Standard17 hours ago
No poor should be excluded from subsidies due to Aadhaar: R Chandrasekhar

Rajeev Chandrasekhar tells about representing Bengaluru, his views on Aadhaar, and issues that could dominate the assembly elections in Karnataka... read more

 Business Standard18 hours ago
IMF, World Bank laud Reserve Bank of India for 'strengthening' supervision

The report commends the RBI for the remarkable progress in strengthening banking supervision since the last FSAP... read more

 Business Standard18 hours ago
ARS Steels to invest ?40 cr. in expansion

Will start exporting to neighbouring countries soon... read more

 The Hindu18 hours ago
Results: where Netflix goes, Big Tech is likely to follow

Earnings growth has driven valuations to decade high... read more

 The Hindu19 hours ago
General Electric’s legacy loss aids case for breakup

Split may help de-risk, but financial benefits are doubtful... read more

 The Hindu19 hours ago
Dealmaking Ferrero tycoon breaks decades of family tradition

For almost 70 years, family-owned chocolate group Ferrero shunned acquisitions, relying completely on its ability to grow on its own and dream up new products. Those days are gone.With Giovanni Ferrer... read more

 The Hindu19 hours ago
GM, DHL use Chinese plant to lead manufacturing change

Logistics firm handles key error-proofing work at GM-SAIC vehicle plant... read more

 The Hindu19 hours ago
‘Roll-on roll-off’ may take off in Bengal

Service at three points on the Hooghly... read more

 The Hindu19 hours ago
JLR rolls out Range Rover Velar, prices it at ?78.83 lakh

Will bolster firm’s position in luxury SUV market, says MD... read more

 The Hindu19 hours ago
KEF Infra to divest 30% to fund expansion

Plans to raise ?2,000 cr. for building plants at Mumbai, New Delhi, Hyderabad... read more

 The Hindu19 hours ago
Make in India: Providing 'local content' percentage mandatory for Railways

Railways in fact was in the eye of a storm when domestic steel producers had objected to the ministry's decision to buy rails through a global tender on December 18 for the first time... read more

 Business Standard19 hours ago
Yarn, fabrics, made-up articles imports rise 20% in December

However, apparel exports dropped 0.3% between April and Dec. 2017 and 8% in December alone... read more

 The Hindu19 hours ago
Tata Steel rights issue from Feb. 14

Steel major Tata Steel said its rights issue worth ?12,800 crore will open on February 14 and close on February 28.The executive committee of the board of Tata Steel, at its meeting, approved “simult... read more

 The Hindu19 hours ago
Container freight station operators tweak logistics strategy to save costs

Firms shift to unnotified warehousing to escape the brunt of direct-port-delivery... read more

 Business Standard19 hours ago
Industy seeks clear Artifical Intelligence policy

Policy will augment intelligence, not displace jobs: Prasad... read more

 The Hindu19 hours ago
Consumer habits pushing tech norms in air ticketing, says Jerrin Jos

NDC allows for value-added services, says Verteil CEO... read more

 The Hindu19 hours ago
ONGC to acquire Centre’s stake in HPCL for ?36,915 cr.

Transaction to help government exceed its divestment target for the year... read more

 The Hindu20 hours ago