Page 28 - Indian Government

Top headlines: Import curbs on Chinese goods, SC on loan moratorium, & more

From Sebi easing capital raising norms, FPIs from China still behind other nations to Radhakrishna Damani looking to takeover India Cements, here are the top news on Thursday morning

No foreign training of bureaucrats in FY21 due to Covid-19 pandemic: Govt

"However, under exceptional circumstances, if it is felt necessary to conduct any foreign training, prior approval of DoPT must be obtained," the order said

Tamilnadu Petroproducts reports Rs 3.27 crore PBT in Q4 due to Covid-19

The lower sales was mainly due to the annual turnaround undertaken during the quarter and also there was no sales during the last week of March 2020 due to the Covid-19 lockdown, said the company

First InvIT by govt entity set for launch; NHAI files application with Sebi

Senior officials told Business Standard the projects being offered under InvIT would mainly be ones constructed on government-funded or in engineering-procurement-construction mode

Top headlines: 1st invIT by govt entity set to open, SC on AGR dues, & more

From Clix Capital set to buy majority stake in Lakhsmi Vilas Bank, RBI proposing 10-yr term for bank promoter-CEOs, here are top headlines on Friday morning

Govt restricts export of diagnostic kits, apparatus, laboratory reagents

India on Wednesday reported a spike of 9,985 more COVID-19 cases in the last 24 hours, taking the country's COVID-19 count to 2,76,583, according to the Union Ministry of Health and Family Welfare

Top headlines: Govt says no new schemes, Abu Dhabi fund to invest in Jio

From Modi government planning for the eighth term at UNSC, RBI creating Payments Infrastructure Development Fund to Elon Musk calling for a breakup of Amazon, here are the top headlines of the day

Putting Indian financial sector back on feet biggest challenge: Panagariya

Panagariya also argued that fiscal stimulus, which works by creating demand, cannot go far when there are no workers to help generate a supply respons

Government faces headwinds at home and abroad

The severity of the damage to India's reputation by communal politics should not be underestimated. Nor should the deteriorating state of the economy

Govt mulling more policy action for NBFCs, regulatory changes for markets

This comes after Finance Minister Nirmala Sitharaman interacted with country's top regulators at FSDX meeting on Thursday

Govt notifies revised Form 26AS, to have purchase info of shares, property

Easing taxpayer compliance, the annual information statement has been subsumed in the Form 26AS

Nearly 2.3 mn in quarantine, Maharashtra has the highest: Govt estimates

Maharashtra has the highest number of people in quarantine facilities -- 602,000 -- followed by Gujarat, which has kept a total of 442,000 lakh people in quarantine centres

Contrary to govt's claims, direct tax refunds down 67% till May 21

Expediting refunds of up to Rs 5 lakh was announced as part of the government's policy initiative to fight the economic impact of Covid

Govt has ended federalism; makes no pretence to be democratic: Sonia

Gandhi said the migrants and 13 crore families in the bottom half of the population have been cruelly ignored by the government

Govt mulls faster drug approval process, regulatory system overhaul

The industry, which has been lobbying for faster approvals for quite some time now, says the current pandemic should help expedite the reforms process

All options open to govt to monetise deficit under RBI guidance: N K Singh

He said all options should be open to the sovereign in consultation with the Reserve Bank of India (RBI)

Govt to introduce vehicle scrappage policy to boost manufacturing: Gadkari

"Now, we are going to start the new scrapping policy, by which old cars, trucks and buses will be scrapped," the Minister of MSME and Road Transport and Highways said

India's Covid-19 cases rising at fastest pace in Asia as govt eases curbs

India is now among the nations worst hit by the epidemic, with a 28 per cent increase in cases since last week according to Bloomberg's Coronavirus Tracker.

Centre to free up inter-state agri commodity trade without touching APMCs

For this, the govt will use Entry 42 of the Union list, along with Entry 33 of the Concurrent List, to frame a legislation

TDS rate cut by 25%; period for tax returns extended in Rs 20-trn stimulus

Sitharaman further said the income tax department will fast track processing of pending refunds to charitable trusts, LLPs, non-corporate businesses and proprietorship firms, among others