Business Standard

Economy

Govt relief on PDS wheat quota, to launch Rs 1K cr credit guarantee fund

Secretary Sanjeev Chopra says food prices to remain stable during festivals; mulls lifting curbs on non-basmati rice exports

Govt relief on PDS wheat quota, to launch Rs 1K cr credit guarantee fund
Updated On : 19 Sep 2024 | 12:50 AM IST

Gujarat, TN, Karnataka biggest gainers from 1990s reforms: PM-EAC report

Though Tamil Nadu's share declined, from 8.7 per cent in 1960-61 to 7.1 per cent in 1990-91, it saw a turnaround, with its share in the national GDP touching 8.9 per cent in 2023-24

Gujarat, TN, Karnataka biggest gainers from 1990s reforms: PM-EAC report
Updated On : 19 Sep 2024 | 12:48 AM IST

India's exports to China fall at faster clip than to other partners

India's exports to China witnessed 22.44 per cent contraction to $1 billion, while overall exports declined 9 per cent at $34.7 billion in August, commerce department data showed

India's exports to China fall at faster clip than to other partners
Updated On : 19 Sep 2024 | 12:03 AM IST

India's economic growth stands out globally, says FM Nirmala Sitharaman

The scheme is an extension of the already existing NPS to children. In the last 10 years, NPS has gained 1.86 crore subscribers, with Assets Under Management (AUM) of Rs 13 trillion

India's economic growth stands out globally, says FM Nirmala Sitharaman
Updated On : 18 Sep 2024 | 11:59 PM IST

Cabinet okays 'One Nation, One Poll' and host of proposals in farm to space

The Union Cabinet on Wednesday cleared proposals in areas ranging from agriculture to moon and venus with a total outlay of more than Rs 60,000 crore

Cabinet okays 'One Nation, One Poll' and host of proposals in farm to space
Updated On : 18 Sep 2024 | 11:37 PM IST

Windfall tax cut on crude may not impact companies and govt: Analysts

Analysts say move in line with falling global oil prices and shrinking upstream profits

Windfall tax cut on crude may not impact companies and govt: Analysts
Updated On : 18 Sep 2024 | 10:57 PM IST

India becomes 6th largest market in MSCI ACWI, tops emerging markets list

China's weight has fallen by half since peaking in early 2021, while India's has more than doubled during this period

India becomes 6th largest market in MSCI ACWI, tops emerging markets list
Updated On : 18 Sep 2024 | 10:55 PM IST

Labour Ministry pushes for shielding gig workers under e-Shram portal

Platform aggregators get 3 months to complete registration process

Labour Ministry pushes for shielding gig workers under e-Shram portal
Updated On : 18 Sep 2024 | 10:43 PM IST

Conflict to cooperation: US-India trade hits 'high watermark' under Biden

India-US trade ties have taken a positive turn under Biden administration

Conflict to cooperation: US-India trade hits 'high watermark' under Biden
Updated On : 18 Sep 2024 | 10:28 PM IST

Cabinet gives nod to Bio-RIDE scheme to support R&D in biotechnology

The proposed outlay for the implementation of the unified scheme Bio-RIDE is Rs 9,197 crore during the 15th Finance Commission period from 2021-22 to 2025-26

Cabinet gives nod to Bio-RIDE scheme to support R&D in biotechnology
Updated On : 18 Sep 2024 | 8:44 PM IST

Number of Atal Pension Yojana subscribers at 69 mn, corpus at Rs 35,149 cr

About 7 crore people have subscribed to the Atal Pension Yojana (APY) whose corpus has swelled to Rs 35,149 crore, Finance Minister Nirmala Sitharaman said on Wednesday.

Number of Atal Pension Yojana subscribers at 69 mn, corpus at Rs 35,149 cr
Updated On : 18 Sep 2024 | 7:29 PM IST

Cabinet clears Chandrayaan-4, Venus Orbiter Mission for space exploration

Moon mission Chandrayaan-4 will cost Rs 2104.06 cr while Rs 1,236 crore has been earmarked for Venus Orbiter Mission

Cabinet clears Chandrayaan-4, Venus Orbiter Mission for space exploration
Updated On : 18 Sep 2024 | 7:17 PM IST

Modi 3.0 govt sanctioned Rs 12,554 crore to states as disaster relief fund

The Central government has also approved 'Yuva Aapda Mitra Scheme' as an extension of existing programme of 'Upscaling of Aapda Mitra Scheme' with an outlay of Rs 470.50 crore

Modi 3.0 govt sanctioned Rs 12,554 crore to states as disaster relief fund
Updated On : 18 Sep 2024 | 6:43 PM IST

Ireda gets govt approval to raise up to Rs 4,500 crore via QIP route

The approval was granted by the Department of Investment and Public Asset Management (Dipam) based on the recommendations of a high-level committee, a company statement said

Ireda gets govt approval to raise up to Rs 4,500 crore via QIP route
Updated On : 18 Sep 2024 | 6:37 PM IST

Sitharaman launches NPS Vatsalya, parents can open pension a/c for children

Finance Minister Nirmala Sitharaman on Tuesday launched the NPS Vatsalya scheme, which will allow parents to save for their children's future by investing in a pension account.

Sitharaman launches NPS Vatsalya, parents can open pension a/c for children
Updated On : 18 Sep 2024 | 6:20 PM IST

Telangana launches new MSME policy, plans to spend Rs 4,000 crore

The policy said the government is aiming to see that over 25,000 new MSMEs are established in the state in the next five years

Telangana launches new MSME policy, plans to spend Rs 4,000 crore
Updated On : 18 Sep 2024 | 4:42 PM IST

Size of Indian economy can easily double by 2030: NITI CEO Subrahmanyam

India could easily double the size of its economy by 2030, NITI Aayog CEO BVR Subrahmanyam said on Wednesday.

Size of Indian economy can easily double by 2030: NITI CEO Subrahmanyam
Updated On : 18 Sep 2024 | 2:59 PM IST

Russian insurance shores up oil exports to top buyer India, shows data

Over 60 per cent of Russia's seaborne oil exports go to India

Russian insurance shores up oil exports to top buyer India, shows data
Updated On : 18 Sep 2024 | 2:36 PM IST

India plans to keep buying cheap Russian oil, says Hardeep Singh Puri

European countries and Japanese businesses are buying from Russia, so India is not alone, he said

India plans to keep buying cheap Russian oil, says Hardeep Singh Puri
Updated On : 18 Sep 2024 | 1:34 PM IST

Govt slashes windfall tax on petroleum crude to nil effective Sep 18

The Indian government reviews the windfall tax every fortnight, and the cut comes after a significant decline in crude prices

Govt slashes windfall tax on petroleum crude to nil effective Sep 18
Updated On : 18 Sep 2024 | 6:41 AM IST