Economy News

New list of sick PSUs for divestment : NITI Aayog

Policy think-tank NITI Aayog recently declared that it is preparing another list of sick PSUs that can be privatised.

posted by Jawwad Kazi 22nd Feb 2018

Cabinet nod for amendments to Chit Funds Act

The Cabinet approved amendments to the Chit Funds Act to facilitate orderly growth of the sector and provide more financial products to investors.

posted by Jawwad Kazi 21st Feb 2018

IT exports to grow 7-9% in FY19

According to a recent key projection by Nasscom for 2018¬-19, exports of Indian IT industry will grow 7¬.9%.

posted by Jawwad Kazi 21st Feb 2018

Government clears new rail and road projects

The government approved several railway projects, including a 130 km long Jeypore¬Malkangiri project and another 425 km¬long Jhansi¬-Manikpur and Bhimsen-¬Khairar line doubling-cum-¬electrification projects .

posted by Jawwad Kazi 21st Feb 2018

Coal mining open for private sector

The Cabinet Committee on Economic Affairs approved the methodology for auction of coal mines/blocks for sale of the commodity.

posted by Jawwad Kazi 21st Feb 2018