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Core sector output rises 8.9% YoY in June, sequential growth 1.1%

In June 2020, the core sector output contracted 12.4 per cent due to the restrictions imposed across the country to control the spread of Covid-19

Govt permits 100% FDI in oil & gas PSUs approved for disinvestment

"The above decision will take effect from the date of FEMA notification," an official statement said

Merchandise exports to grow 6.9% year-on-year in 2021-22: India Ratings

Some of the major export destinations for India's top-10 commodities, such as the US and parts of Europe, are expected to see strong import growth in 2021

India-US partnership will be of even greater significance in future: Modi

India and the United States will be leaders in bringing the Covid-19 pandemic to an end, through Quad vaccine partnership that will bring vaccines to other countries across the region

Trade, security on agenda as Antony Blinken meets PM Modi today

Blinken is on a two-day visit to India and arrived in New Delhi on Tuesday. This is his first visit to the country as secretary of state

All ministries, departments to review central schemes by July end

The move includes evaluating the budgetary allocation for each scheme and phasing out various elements of schemes that may have become redundant

Govt should consider import tariff cut on alcohol in phased manner: ICRIER

Duty cut will reduce cost of raw materials, enabling local manufacturing in India. Import duties on raw materials can be brought down to zero to support domestic manufacturing, council says

Strategic divestment: Valuation of companies caught in the crosshairs

Forces govt rethink on NINL valuation, delaying sale

Union Cabinet approves 100% FDI in PSU refiners to aid BPCL sale

Current FDI policy restricts FDI in oil PSUs to 49%; most bidders who have shown interest in acquiring BPCL have foreign investment

Centre plans big boost for MSMEs with an inter-ministry data bank

This could help form better schemes

Wholesale inflation eases to 12.07% in June despite spike in fuel price

Wholesale inflation came in at (-)1.81% in June 2020, due to the implementation of a stringent nationwide lockdown

Cabinet extends RoSCTL scheme for textile exporters till March 2024

Apparel/garments and made-ups covered under RoSCTL scheme, will not get benefits under RoDTEP scheme

Govt-appointed panel to meet on modalities of open network for e-commerce

The discussions and meetings will begin soon to allocate work to various agencies that will be involved in developing the platform, said an official in the know

Industrial output up 29.3% in May due to low base, drops 8% sequentially

In May last year, IIP had shrunk 33.4% due to imposition of a nationwide lockdown to contain the spread of the Covid-19

Agriculture, engineering products set to propel export growth in Q1

Robust demand from key markets, rally in commodity prices help bring buoyancy

India Inc expects swifter recovery from second wave of Covid-19 pandemic

Private investments will be better in first half of FY22, according to CII CEOs' poll

Govt may make Bureau of Indian Standards must for public procurement

The development comes in the backdrop of the government's focus on increasing manufacturing and production of goods in the country

Govt extends timeline for feedback on draft e-commerce rules to July 21

Earlier deadline was set for July 6; companies now have till July 21 to submit their views

Nandan Nilekani to join govt panel on curbing digital monopolies

Idea is to give 'free and fair' choice to buy products on online platform

E-commerce cos say new rules will hurt biz, urge govt to extend deadline

Govt is studying industry comments, will take a call on making relevant changes before the rules are finalised