Page 1005 - Economy & Policy News

RBI not behind curve, focus on inflation target could have been risky: Das

I feel that we are very much in line with the requirements of our time, the RBI has acted proactively: Shaktikanta Das

Here is how Delhi residents can continue to receive electricity subsidy

The electricity bills from next month will probably have a form with "yes" or "no" option to opt for subsidy

India to import 47,000 tonnes of urea from the US; more likely in future

The US is not a major urea exporting country, and govt data shows that Indian imports from Washington in 2019-20 were only 1.47 tonnes

TN to gain Rs 4,000 cr by repurposing old coal units for clean energy

Four coal plants are approaching or have crossed the 25-year mark after which they have to mandatorily be retired. They have high per-unit running costs and depend on lengthy coal supply chains

Govt to make sure capital expenditure supports growth momentum: CEA

The government is committed to ensure that capital expenditure will continue to support the economic growth momentum regained after the third Covid-19 wave, CEA V Anantha Nageswaran said

5G services arriving soon? Rollout likely in August, says telecom secretary

The rollout of 5G services in India is likely to start in August after the auctions get concluded in July

Govt spending Rs 1,900 cr to support 45 Ro-Ro ferry projects: Official

Ministry of Ports, Shipping and Waterways is financially supporting 45 Ro-Ro (roll-on-roll-off) ferry projects with total cost of Rs 1,900 crore, an official statement said on Thursday

Reserve Bank of India turns net buyer of dollars in April, shows data

According to the latest data, the RBI purchased $1.96 billion in April

Why govt's skill development initiative still struggles with placements?

In its first iteration, the government was able to enrol two million candidates, but it could certify 1.5 million and place only 0.3 million

Amendments to Electricity Act could be tabled in monsoon session: R K Singh

Government seeks another round of power distribution reform and boost renewable energy

Imported urea prices off December 2021 highs; remain elevated in May

The rates are still considerably higher than the same period last year by almost 95.4 per cent

Governance policy will ensure fair access to non-personal data: MeitY

Draft plan focuses on improving institutional framework for government data sharing and principles on privacy

Mandatory registration on the govt anvil to curb wheat flour exports

Some reports said India usually exported 6,000-8,000 tonnes of wheat flour during April-June per month, and that has climbed to almost 100,000 tonnes because of the ban

CBDT issues guidelines for new tax rule on gifts, benefits to influencers

Benefits like free medical samples received by doctors and gifts retained by social media influencers will attract TDS

Banks' gross NPA drop below 6% in March 2022, lowest in six years

Health of the sector is encouraging: Deputy guv

Yield curve shows India's better long-term growth prospects: RBI paper

"The yield curve is indicating an improvement in long-term growth prospects and an upshift in ex-ante inflation expectations," the study said

India joins global league after allowing private captive telecom networks

Lufthansa Technik AG announced that it was setting up a 5G private network which would be operated by Vodafone plc and use Nokia Oyj equipment

Top 300 drug brands to have QR codes on label for ensuring authenticity

The Union Ministry of Health has made amendments to the Drugs Rules, 1945, to implement this

Support Agniveers after tenure completion: FinMin to PSBs, insurance firms

Post the announcement of the scheme protests have erupted across several states with the Opposition slamming the centre for hastily drawing up the plan

Agnipath recruitment: Centre defends scheme as protests break out in states

Trains set on fire in Bihar; Opposition parties want the scheme withdrawn