Economy News

Core sector recorded a 13-month high growth

According to data released by the Ministry of Commerce and Industry, activity in the eight core sectors of the economy accelerated to a 13-month high of 6.7% in November.

posted by Jawwad Kazi 2nd Jan 2018

Government working on tougher consumer protection law

A new consumer protection law is on the anvil to crack down on misleading advertisements and simplify the grievance redressal mechanism- Prime Minister Narendra Modi.

posted by Jawwad Kazi 27th Oct 2017

NHAI eyes bond issue to finance highway projects

The National Highways Authority of India (NHAI) will soon issue bonds to finance highway projects, Road Transport and Highways Minister said.

posted by Jawwad Kazi 27th Oct 2017

India has to spend ₹50 lakh cr on infra.

India would need to spend about ₹50 lakh crore between fiscal 2018 and 2022 to build its infrastructure in a sustainable manner, rating agency Crisil said.

posted by Jawwad Kazi 27th Oct 2017

Legal steps to guard digital payments

The Home Ministry has asked banks and e-wallet firms to furnish details of the extent of financial fraud reported in the past one year as digital transactions picked up after the Union government implemented demonetisation from November 8, 2016 and scrapped old Rs. 500 and Rs. 1,000 notes.

posted by Jawwad Kazi 26th Oct 2017