Page 1004 - Economy & Policy News

'Coal stock at over 52 MT; enough for 24 days' requirement of power plants'

In addition, about 4.5 MT coal stock is available at various goods shed sidings, private washeries and ports and is awaiting to be transported to the power plants

India fully protected interests of farmers, fishermen at WTO meet: Goyal

Goyal said that the decisions taken in the conference will further strengthen the role of the multi-lateral body in promoting global trade

Depts turning to GatiShakti to reduce execution time for infra projects

With this, the time taken for a project can be cut by at least 100 days

Private players seek govt intervention as fuel shortage rises in India

FIPI says companies are suffering a loss of Rs 20-25 a litre on diesel and Rs 14-18 a litre on petrol at present due to the non-revision of prices

Military says Agnipath scheme here to stay; recruitment begins in August

Asserts that concessions made by MoD in the Agnipath scheme were not forced by protests and arson, but because they were already in the works

Statsguru: Six charts show India's employment conundrum amid Covid-19

Business Standard guides you through the numbers you need to know to make sense of the headlines

Domestic toy makers see surge in sales after dip in Chinese imports

Sales rise for domestic players after India last year banned sale of toys that are not certified by Bureau of Indian Standards

India's domestic coal production increases by 28% as of June 16, 2022

After a record-breaking coal production of 777 million tonnes (MT) in 2021-22, domestic coal production continues to witness an increasing trend in the current financial year as well

Normal monsoon, rate cut key to bring down inflation by yr-end: Economists

Normal rainfalls aiding bumper agriculture output and the RBI further hiking interest rates to cut easy money in the system hold key to bringing down multi-year high inflation, economists said

Agnipath protests: East Central Railway cancels 8 trains, reschedules 6

Due to ongoing students' agitation against the Centre's Agnipath scheme across the nation, eight trains were cancelled and six trains have been rescheduled in the east zone, said East Central Railway

Govt asks Gencos to buy rakes to ensure smooth coal supply during monsoon

The government has directed the power generation companies (GENCOS) to buy rakes for captive usage, a move which will ensure smooth supplies of coal during the monsoon season

Selling diesel at Rs 20-25/ltr loss, petrol at Rs 14-18/ltr loss: Retailers

Selling diesel at Rs 20-25 a litre below cost and petrol at Rs 14-18 per litre below cost, an industry body representing private fuel retailers like Jio-bp and Nayara Energy has told the Oil Ministry

428 infrastructure projects show cost overruns of Rs 4.98 trillion

As many as 428 infrastructure projects, each entailing an investment of Rs 150 crore or more, have been hit by cost overruns of more than Rs 4.98 lakh crore, as per a report

Experts recommend paternity leaves extension to reduce mothers' burden: NCW

Extending paternity leaves to reduce the burden of raising children on mothers, incentivising employers were among the recommendations made by experts, the NCW said

Indian Railways restores linen, bed roll services in Northern zone trains

After receipt of instructions from the Ministry of Railways to restore the linen service, Northern Railway commenced the supply of linen in AC coaches in a phased manner

CAI lowers cotton crop estimate to 31.5 mn bales for current season

Cotton Association of India reduced its estimate for the cotton crop output for the current season beginning October 2021 to 315.32 lakh bales of 170 kg each

Northern Railway crosses Rs 100-crore mark in parcel revenue earnings

Northern Railway earned Rs 100 crores parcel revenue during the current Financial Year, informed the officials

India's Russian coal buying spikes as traders offer discounts: Report

Government data shows buying May 27-June 15 was up 6-fold; US says it does not want to see a 'rapid acceleration'.

India softens stance to hammer out a "no harm" trade deal at WTO meet

Piyush Goyal said perhaps this was the first ministerial where India set the agenda. "We were on the front foot. We were telling other countries what needs to be done"

House panel seeks spl digital division in CCI to bridge enforcement gaps

Parliamentary Standing Committee on Commerce says antitrust body needs to be strengthened to bridge gaps