Government policies
Cabinet clears Rs1,500-cr biopharma mission
19 May 2017
GST to make essentials cheaper; luxury items to attract 28% tax
19 May 2017
With no tax on essentials such as cereals, foodgrains, milk and jaggery, 5 per cent tax on items like sugar, tea, coffee, edible oil and coal and a maximum 18 per cent levy on hair oil, toothpaste and soap, GST is expected to push down prices and inflation
Govt proposes 10 new indigenous nuclear power reactors
18 May 2017
With likely manufacturing orders of close to Rs70,000 crore spread across domestic industry, the move will fast-track India’s domestic nuclear power programme and give a push to country’s nuclear industry
Green body protests GEAC nod for GM mustard
13 May 2017
GM mustard gets regulatory approval, awaits SC nod
12 May 2017
With the government’s Genetic Engineering Appraisal Committee approving genetically modified mustard, the condiment is set for commercial cultivation, if the Supreme Court clears an appeal against its introduction
India to embark on Rs10,000-cr deep sea mining mision
09 May 2017
With an exclusive economic zone of 2.4 million km in the international waters, access to over 1,300 islands and a costline of 7,500 km, ocean mining opens enormous opportunities for India in energy, food, medicine and a host of other areas
National steel policy aims at 300 million tonne capacity by 2030-31
04 May 2017
The new steel policy focuses on enhancing domestic consumption, quality steel production and making the sector globally competitive
Local sourcing norms to boost Indian steel industry
03 May 2017
The government is expected to come out with a new policy that makes local sourcing of steel mandatory for all state infrastructure projects
GAAR is here, govt unlikely to delay it further
22 Apr 2017
The taxes will be imposed at 50 per cent of the domestic rate of capital gains tax on foreign investments made from 1 April 2017 until 31 March 2019, and at full rate thereafter