Growth to pick up in second half: FM
Finance Minister hoped the economy will start looking up in the second half of the current financial year.
Aluminium for EV battery unit
Indian Oil Corporation Limited (IOCL) is in talks with Hindalco Industries Limited to source aluminium.
Economic Advisory Council
The Centre has reconstituted the Economic Advisory Council to the Prime Minister (EAC-PM) for a period of two years.
India-US Trade Deal Inconclusive
On the sidelines of bilateral talks between Prime Minister of India and US President, commerce and trade leaders of both the sides failed to bridge the gap in their positions.
India and RCEP
In the final phase of negotiations in Vietnam, India has accepted suggestions of other countries regarding rules on investments.
LNG Deal with US company
India’s Petronet signed an MoU for Indian investment of $ 2.5-billion LNG supply from the US for four decades.
Export-import trade growth slips
According to Maersk India Trade Report, India’s containerised trade growth in Q2 2019 slowed to 1% from 9% over the same period last year.
Corporate Tax Cut
The government issued an ordinance to reduce the corporate tax rate for domestic firms and new manufacturing units by 10 to 12 percentage points.
J n K Juvenile Justice Committee to conduct an inquiry
The Supreme Courtassigned the Jammu and Kashmir High Court’s Juvenile Justice Committeethe task of inquiring into the allegations of illegal detention of childrenby security forces.
Loan Melas in 400 districts
Finance Minister announced that all scheduled banks will hold large gatherings in a total of 400 districts.