Bhutan’s upcoming tourism policy likely to cause strong impact on tourism trade in Eastern India
Currently, Bhutan charges every foreign visitor $ 250 per day including $65 ‘Sustainable Development Fee (SDF)’ and $40 visa charge. But ‘Regional Tourists’ from India, Bangladesh and Maldives need not to pay SDF or visa fee. Now Bhutan is going to introduce SDF and a “permit processing fee” for the regional tourists too.
Assam cabinet approves Assam bamboo and cane policy
According to the state government, the policy aims at sustainable development and utilization of bamboo and cane resources in the state of Assam through scientific management and stakeholders’ partic...
21 defence offset contracts worth USD 5.67 billion sealed in last 3 years: Govt
In May 2001, India opened up the defence sector to 100 per ce...
Steel ministry proposes clusters, intergrated hubs
Increased production of carbon steel, alloy (including stainless steel) and other high grade and special steel will facilitate higher value addition of steel in India. On the other hand, encouraging growth of ancillary units will foster development of SME units as well as further enable growth of the anchor primary steel unit(s).
Sri Lanka’s India ties hinge on Pakistan policy under Gotabaya
Pakistan was quick to congratulate Rajapaksa on his victory, like India, and expressed the hope that the new dispensation in Colombo would reverse some of the earlier decisions vis-à-vis Pakistan, according to people aware of the matter.
Be prepared for a long period of sluggish and below trend growth: Sonal Varma, Nomura
On an average, we are expecting the growth rates to remain around 4.2-4.7% range in the near term.
Andhra Pradesh government makes key changes to its policies on solar, wind and hybrid power
In an order, the Jagan Mohan Reddy government said it has observed statutory audit has reported an abnormal spurt in power purchase cost and deteriorated financial position of the Discoms.
Govt notifies steel scrap recycling policy: Dharmendra Pradhan
"The Steel Scrap Recycling Policy has been notified in the Gazette of India vide No. 354 dated November 7, 2019. The policy provides a framework to facilitate and promote establishment of metal scrapping centers in India for scientific processing and recycling of ferrous scrap generated from various sources and a variety of products," he said during Question Hour.
Why you should surrender endowment life insurance policies
Surrendering a policy would mean that a portion of the premium already paid will be refunded to you. If the policy has been in force for some time, you would get a good surrender value which can be immediately invested in products of your choice.
India appeals against WTO panel's ruling on export promotion measures
On October 31, the WTO had ruled that export subsidy programmes-MEIS, Export oriented units scheme and sector specific schemes, including Electronics Hardware Technology Parks Scheme and Bio-Technology Parks Scheme; Export Promotion Capital Goods Scheme; and Duty-Free Imports for Exporters Scheme- violated provisions of trade body’s norms.
Slowdown in auto sector cyclical; government taking steps to support the sector
Minister of Heavy Industries and Public Enterprises Prakash Javadekar said the sector is facing a prolonged downturn due to various reasons, including reduction in finance availability and increase in cost due to upfront collection of insurance premium.
Add alpha generators, but don’t ditch the Nifty cos yet: Mahesh Patil
Despite downgrades, earnings growth this year is still at around 15%, says Mahesh Patil.
Govt working on policy to push MSME exports: Gadkari
Gadkari emphasized on three important factors - reducing capital cost, power cost and logistic cost - to become competitive in international market and these these factors have also been discussed while making the new policy.
World goods trade may remain below trend in Q4 2019: WTO
The forecast does not augur well for India as the country's exports contracted for a third month in a row in October by 1.11 per cent to USD 26.38 billion.
Fiscal stimulus needed to revive India's stuttering economy: Analysts
Analysts say it's time to loosen strings & let fiscal deficit cross targetted 3.3% until economy is back on feet.
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