Sarbananda Sonowal

The estimate of Rs 76,220 crore is Rs 11,000 crore more than the previously approved amount by the cabinet. The project had been stuck in environmental regulations for the past two years

Cabinet nod for Rs 76K-crore Vadhavan Port soon: Sarbananda Sonowal

Business Standard

chart

The Parliamentary Standing Committee on Commerce has observed that a massive shortfall in the budgetary allocation of over Rs 1,900 crore by the finance ministry to the industry department

infrastructure, construction, infra

Govt's contribution in the trend is now trending higher than the private sector's

The mystery of Rs 8-trn gap between dropped, completed projects in capex

Regulation glitch takes sheen off special economic zones

The commerce department had sought the Union Cabinet's nod to bring amendments in the existing SEZ Act, 2005 late last year

Revamped SEZ law unlikely before the upcoming Lok Sabha elections

mgnrega, workers, labour, poverty, poor, villages

The paper also noted that the gap in rural wages between formal salaried workers and casual workers also decreased due to the employment guarantee scheme

MGNREGA scheme led to decline in gender wage gap in rural India: ILO

Deals, mergers,

India and Taiwan on Friday signed a migration and mobility agreement that will facilitate the employment of Indian workers in diverse sectors in the self-ruled island, a move that is seen as reflective of the renewed momentum in the cooperation between the two sides.

India, Taiwan sign migration agreement to strengthen bilateral cooperation

Press Trust of India

digital india

The study is based on 'CHIPS' framework wherein it has scored countries on five pillars - connect, harness, innovate, protect and sustain

India is the third largest digitalised country in the world, says expert

Legal views split on disclosure of political donations by India Inc  electoral bond

electoral bond

Before the amendment the Act required a company to disclose any amount contributed to any political party along with the particulars of the amount donated and the name of the receiving party

Legal views split on disclosure of political donations by India Inc

Reserve Bank of India, RBI

Begins assessment of borrowers on ESG norms

SBI seeking lower CRR on green deposits, says chairman Dinesh Khara

Ashima Goyal

Goyal expects around $30 billion inflows on the back of the inclusion

Bond inclusion unlikely to trigger volatility: Ashima Goyal of RBI MPC

farmers protest

Industry body PHDCCI on Friday said it apprehends  "severe hit" to trade and industry and loss of employment in the northern states from a lingering farmers' agitation which would result in economic losses of over Rs 500 crore daily.

Farmers' agitation to cause Rs 500 cr loss daily to northern states: Phdcci

Sajjid Chinoy, JP Morgan

Chinoy also highlighted the dynamic relationship between the dollar and the rupee

RBI may absorb foreign inflows via bond index inclusion: JP Morgan's Chinoy

Secretary of Department of Investment and Public Asset Management (DIPAM) Tuhin Kant Pandey (Photo: PTI)

DIPAM Secretary Tuhin Kant Pandey

There is a lot of opportunity for subsidiary units of some of our important companies to come to the market, said Pandey

Govt is mulling listing of PSEs' green energy arms, says Dipam secretary

Outbound FDI, expressed as a financial commitment, comprises three components - equity, loans, and guarantees

Outward FDI rises 25.7% to $2.1 billion in January, shows RBI data

V Anantha Nageswaran, Chief economic advisor

Says global financial institutions tend to accentuate spillovers for developing economies

Rating agencies need to review their framework, says CEA Nageswaran

US dollar

The reserves fell by $5.27 billion in the reporting week, their steepest fall in a month, after having risen by a total of $6.36 billion in the prior two weeks

Foreign exchange reserves snaps two-week gaining streak, shows RBI data

Reuters

MB Patil, Siddaramaiah, DK Shivakumar

Karnataka budget 2024: The announcement was made during the 15th budget presentation by Congress Chief Minister Siddaramaiah, who also holds the finance portfolio of the state | Budget for Anjanadri Hills

Karnataka govt announces Rs 100 cr for makeover of 'birthplace' of Hanuman

Oil refinery

India did not receive Sokol oil in December and January, data from trade sources and the ship tracking data shows

India resumes buying Russian Sokol oil after 2-month hiatus: Report

economic growth

India's demographics, strong government-led spending and healthy domestic demand makes it a "favorable destination for investments going forward," he said

India's economic growth may exceed 6% for rest of the decade: Goldman Sachs

Bloomberg

Chart

road, national highway

Centre has awarded only 3,481 km of projects in FY24 which is nearly 60% lower than last year and 35% of its target

National highway projects continue to ride in first gear, shows data

Services trade surplus hits record $44.9 billion in December quarter

Trade deficit inched up to $17.49 billion

Exports brave ongoing Red Sea crisis to post 3.2% growth in January

Crude oil

Screenshot

India Biggest Crude: Urals and Sokol accounted for every 4 out of 5 barrels of Russian supplies to India last year

New US sanctions target India's biggest crude grades from Russia

Economy News: Stay informed on the latest economy news with Business Standard. Get real-time insights on dynamic GDP growth, Government Policies and global market trends.

Economy News Today: Latest News on Indian Economy, GDP Growth Forecast | Business Standard

Stay informed on the latest economy news with Business Standard. Get real-time insights on dynamic GDP growth, Government Policies and global market trends.