The other issues which figured in the meeting included ways to control sale of counterfeit products through an online platform, and facilitating logistics for the sector.

According to The Economic Times, the proposal envisages setting up 14 national employment zones in the coastal states under the special purpose vehicle route, and is expected to be rolled out ahead of general elections next year, when employment generation is sure to emerge as a key issue. The plans are currently being shaped by the shipping ministry in consultation with think-tank  NITI Aayog.

The former RBI governor reportedly said that banks extended more loans to prevent 'zombie' loans from turning non-performing assets.

Govt to fine-tune e-commerce rules; panel formed to look into issueThe government has set up a group of secretaries to review a recently released draft ecommerce policy, which has drawn severe criticism from many stakeholders. The nascent but booming online retail space has largely been without regulations until a task force led by then commerce secretary Rita Teaotia put together the draft policy. The new group will be chaired by the secretary in the department of industrial poli...

The policy faced backlash over its suggestions dealing with data localisation, curbing deep discounting which has been the mainstay of online retailers and Foreign Direct Investment (FDI) norms

PM Modi did not announce the highly anticipated FAME 2 scheme that is expected to lay down fiscal incentives for electric cars, two wheelers and charging stations.

The two-day summit will see over participation from over 2000 industry giants like Mahindra and Mahindra, Hero MotoCorp, Maruti Suzuki, and several other stakeholders from research, academia and civic society.

Cars and other durables to get costlier this festive seasonWith the rupee's continuous fall against the dollar automobile and consumer goods companies are facing a tough time. This festive season will see these goods become more expensive. LG, Haier, and Godrej Appliances have hiked prices by 3-5 per cent this month. Panasonic India is expected to increase product prices by 2-3 per cent soon as reported by the Business Standard. Maruti Suzuki, the country's largest carmaker, has i...

Government's policy think tank, Niti Aayog, has come up with a new one-nation-one-card policy for public transport.

Niti Aayog vice chairman Rajiv Kumar today said that it wasn't demonetisation but deleveraging of credit under former RBI governor Raghuram Rajan that led to economic slowdown.

The commerce and industry ministry is setting up two more task forces to plan the use of big data and artificial intelligence in government processes and chalk out the country's response to the changing trade dynamics.

If we have growth which is engineered on the strength of a 31 or 28 per cent credit offtake in a given year, then history will certainly record it as some indiscriminate lending, which is bound to show its impact on the future, says Jaitley.

The last time the MGNREGA wages and state minimum wages were aligned was in 2009, but since then several states have announced upward revisions arbitrarily.

From an AI stand point, India is quite far behind. One of the reasons is that we don't have a robust educational system, which would give us the talent pool that can develop AI tools, says Sunil Wadhwani.

These prices have been slashed to boost train travelling, which is a part of the Railway Board's plan to adopt dynamic fare pricing based on the supply-demand ratio.

Needless to say the rapid changes at the top of Air India does not give any chairman enough time to make any substantive changes to the carrier.

The projects for which EoIs are sought are wide-ranging, including areas such as road, sea and air connectivity, digital connectivity, healthcare, education etc.

The government's attempt to sell Air India has failed but its broad public asset management strategy is showing results.

Ayushman Bharat can do to healthcare what GST is expected to do to India's indirect tax regime. But there are challenges, too.

Most leading hospitals are struggling to make profits. At the same time, new formats, specialties and technology assisted ventures are coming up with a promise of transforming the sector.