Page 1001 - Economy & Policy News
India's e-passport rollout to start by end of year: All you need to know
TCS is working on a passport project with the government; earlier this year, the MEA renewed its 10-year Passport Seva Kendra (PSK) deal worth more than Rs 6,000 crore with the firm
 "India's e-passport rollout to start by end of year: All you need to know")
Inflation likely to exceed top of RBI band until December: Shaktikanta Das
India's central bank is on course to bring down prices but the retail inflation rate is likely to remain above the top end of its mandated target band until December, Governor Das said in an article
 "Inflation likely to exceed top of RBI band until December: Shaktikanta Das")
Humble rice bran becomes hot commodity as India scours for edible oils
Rice bran prices have jumped to 30,000 rupees to 36,000 rupees per tonne compared with paddy prices of around 19,000 rupees, which is milled for rice extraction
 "Humble rice bran becomes hot commodity as India scours for edible oils")
Minnow on world stage, but Indian media business is growing big: Report
US, China remain biggest pie-holders globally, says PwC report
 "Minnow on world stage, but Indian media business is growing big: Report")
Dept of Expenditure warns against extending the free food scheme: Report
In an internal note, the FinMin's Dept of Expenditure has warned that extension of the free food scheme beyond September or any more tax cuts will have consequences for the Centre's fiscal situation
 "Dept of Expenditure warns against extending the free food scheme: Report")
India's Aadhaar ID system delivers benefits but at risk of widespread fraud
Modi's new welfarism rests on Aadhaar. But if there are cracks in the edifice, they need to be acknowledged - not to frighten users away, but to make them more aware
 "India's Aadhaar ID system delivers benefits but at risk of widespread fraud")
How the economic crisis in Sri Lanka is affecting Indian businesses?
Sri Lanka's economy is in a free fall. But some spillover of the Lanka crisis is hurting Indian businesses too, like the auto sector. We try to gauge the overall effect of the crisis on India
 "How the economic crisis in Sri Lanka is affecting Indian businesses?")
India Inc gives thumbs up to GST, but says long way to go in fixing issues
GST-related litigation set to rise as companies and the government differ on tax rates and data reconciliation
 "India Inc gives thumbs up to GST, but says long way to go in fixing issues")
Railways gets $245-mn World Bank loan to cut logistics project's emissions
Bid to help India reduce emissions through logistics project
 "Railways gets $245-mn World Bank loan to cut logistics project's emissions")
PM Modi urges industry to set up long-term export targets, 'double efforts'
Despite disruptions in the global economy, India's goods and services exports stood at $670 billion and exceeded the $400-billion target for merchandise export alone, he said
 "PM Modi urges industry to set up long-term export targets, 'double efforts'")
BRICS can together help out in global post-Covid recovery: PM Modi
'Covid impact on global economy less severe than before, but effects lingering'
 "BRICS can together help out in global post-Covid recovery: PM Modi")
Coal shortage hurting non-power sectors still year after supply shift
In the past one year, the non-power sector has seen coal dispatch fall by 33 per cent
 "Coal shortage hurting non-power sectors still year after supply shift")
Rajasthan takes pole position for health insurance coverage: NFHS report
The National Family Health Survey-5 (2019-21) states 88 per cent of the households have at least one member covered by a health scheme or health insurance in Rajasthan
 "Rajasthan takes pole position for health insurance coverage: NFHS report")
GST Council meeting next week may consider e-way bill for gold transport
GST Council may take up GoM report suggesting this for intra-state transport
 "GST Council meeting next week may consider e-way bill for gold transport")
Rapid transition to clean energy could create 15 mn jobs by 2025: Report
'India could witness eight dollars or 10 per cent reduction in per capita energy expenditure by 2025 when compared with business as usual scenario'
 "Rapid transition to clean energy could create 15 mn jobs by 2025: Report")
Piyush Goyal asks for ONDC pilot focused on non-digital traders, artisans
ONDC promotes open networks for exchange of goods and services over digital or electronic networks.
 "Piyush Goyal asks for ONDC pilot focused on non-digital traders, artisans")
Officers committee suggests deferment of decision on levying GST on crypto
The committee of officers comprising both from Centre and states, referred to as Fitment Committee, felt that a deeper study was needed on the issues involved in crypto ecosystem
 "Officers committee suggests deferment of decision on levying GST on crypto")
India's Russian oil imports jump over 50 times since April: Official
'Russia oil now makes up 10 per cent of India's oil import basket in April. It is now among the top 10 suppliers'
 "India's Russian oil imports jump over 50 times since April: Official")
Seven companies have built ONDC compatible apps, says Piyush Goyal
These apps have been able to successfully complete cascaded transactions across the ONDC network during the pilot phase in grocery and food and beverages segments, says commerce ministry
 "Seven companies have built ONDC compatible apps, says Piyush Goyal")
World Bank approves Rs 4,400-cr funding for three projects in India
The funds will be used for an education project in Gujarat, a social protection programme in Tamil Nadu and a project to help recovery in the fisheries sector post the pandemic
 "World Bank approves Rs 4,400-cr funding for three projects in India")