Page 1009 - Economy & Policy News

Statsguru: Six charts show Covid-19 concerns rising again in India

Even as cases in the country rise, the pace of vaccination is falling

FinMin issues draft SoP for e-com jewellery exports via courier route

Finance Minister Nirmala Sitharaman had in the 2022-23 Budget announced implementation of a simplified regulatory framework to facilitate export of jewellery through e-commerce

US hopes to start trade talks under IPEF to fuel economic activity

Last month, India joined 13 other countries to establish the IPEF, led by the US to counter China's growing clout in the Indo-Pacific region

Some state govt portals to start integration with ONDC soon

The Kerala government is expected to begin on-boarding its consumer-facing portals with the network this month, according to a source in the know

WTO MC12: Export restrictions can blow up global food crisis, says DG

Director General Okonjo Iweala Ngozi warns of a 'bumpy road' to consensus on even one-two deliverables

WTO MC12: Piyush Goyal backs people-first approach to world trade

Seeks a permanent solution to the issue of public stockholding for food security

Smokescreen around surrogate ads of regulated products clears with govt ban

New guidelines stipulate that indirect ads of regulated products such as liquor and tobacco will not be permitted

IBC framework needs a booster dose; debt resolutions slacken in two years

According to the statistics by the Insolvency and Bankruptcy Board of India, since the provisions of IBC came into force in December 2016, as many as 5,258 insolvency cases have been filed by lenders

G33 Ministerial Meet: Goyal concerned over stalemate on public stockholding

Goyal stressed that the decision related to the public stockholding and special safeguard mechanism are the key areas of concern for the developing nations

Indians reluctant to stub it out with 186 million tobacco users

With over 186 million tobacco users in India, two in every three people who chew dry snuff tobacco the world over are Indians

G-33 members must work together for fair, balanced outcome at WTO: Goyal

The minister was speaking at the G-33 Ministerial Meeting on the sidelines of the 12th WTO Ministerial Conference at Geneva

Aatmanirbhar Bharat scheme: IAF plans to build 96 fighter jets in India

The Indian Air Force has plans of acquiring 114 Multirole Fighter Aircraft under 'Buy Global and Make in India' scheme

WTO MC12: Draft on fisheries subsidies does not meet India's demands

The draft specifies a transition period of seven years for developing nations, instead of 25 years, for exempting some developing countries from subsidy cuts

Rising tractor purchases sign of growing farmer incomes in Chhattisgarh

The increasing number of tractors being purchased in Chhattisgarh signifies that the farmers in the state are prospering as a tractor is considered a symbol of the economic prosperity of a farmer

Goal of $5 trn GDP appears to be case of 'shifting goalposts': Chidambaram

The original target year was 2023-24, the former finance minister said, adding that, "We are nowhere near that goalpost"

Income tax returns increased in FY22 over the previous fiscal: CBDT chief

Talking to PTI, Singh said the number of income tax returns last fiscal was 7.14 crore against 6.9 crore in the preceding financial year, showing a clear growth.

12th WTO meet: India says will not bend on subsidies to fishermen

The stage is all set for a face-off between the developing and developed countries at the 12th World Trade Organization (WTO) ministerial meeting in the Swiss town of Geneva

Govt protects farmers' interest through wheat exports curbs: APEDA Official

The government's move to restrict wheat exports last month has been primarily focussed on not just meeting domestic demand but also protecting the farmers income, APEDA Chairperson

India has shown exemplary resilience in recovery from Covid-19 crisis: CEA

The country has shown exemplary resilience in recovery from the Covid-19 pandemic crisis, Chief Economic Advisor (CEA) Anantha Nageswaran said

India's fuel demand jumps 24% year-on-year in May as recovery continues

India's fuel consumption jumped 23.8% in May from a year earlier, continuing a recovery from a relatively low base in 2021 amid Covid outbreak