Page 1019 - Economy & Policy News

Services activity at 11-year high in May on post-Covid business growth

The S&P Global India PMI rose to 58.9 in May from 57.9 in April, the highest since April 2011

India's retail inflation may be at 5.7-6.9% in FY23, say economists

This is after duty cuts on fuel; 25-50 bps repo rate hike likely in the MPC meet next week

Russia-Ukraine conflict: Dehydrated onion exports from India take a 20% hit

Dehydrated or dried onions are largely exported from India to Europe which lifts 60 per cent of whole, cut, sliced, broken or as powdered bulbs from the country

Early kharif sowing shows healthy progress; rice, pulses area up

The actual pick-up in sowing will happen once the monsoon becomes active over Central and Western India

Indian wheat must not be re-exported to 3rd country, says Piyush Goyal

'We want to support less developed, friendly and neighbouring countries to the extent we can'

Hope lies in tatters in Tiruppur as cotton and yarn prices go up

Despite the pandemic, the hub posted exports of Rs 33,525 crore in 2021-2022, contributing to around 1 per cent of the country's exports revenue

How delays in public projects could impact govt's fundraise plans via NMP

Time and cost overruns could impact private sector participation in the ambitious National Monetisation Pipeline programme

Govt's cybersecurity rules risk creating 'environment of fear': Tech firms

Indian cybersecurity rules due to come into force later this month will create an "environment of fear rather than trust", a body representing top tech companies has warned the government

Sebi strengthens investor grievance redressal mechanism through framework

Capital markets regulator Sebi on Friday came out with a new framework for investor grievance redressal mechanism as part of its effort to strengthen the process.

No pilot tests positive for drugs, cabin crew alcohol shows revival in 2022

In just the first four months of this year, 41 pilots and cabin crew showed traces of alcohol, of which nine were pilots. In all of 2021, some 59 tested positive, 19 wer pilots

Indian rice farmers look forward to a good monsoon and a better harvest

Rice has come into focus recently on worries that India may restrict exports of the crop next, after similar moves in wheat and sugar

Indian mills waiting to export 1.5 MT sugar after selling 8.5 MT: Report

India has exported around 8.5 million tonnes of sugar since the current season began on Oct 1, with exporters likely to contract another 1.5 million tonnes for overseas sales in the next five months

PMI: Service activity touches 11-year high of 58.9 in May on strong demand

Overall demand rose at the fastest pace since July 2011 as economic activity continued to normalise with the lifting of pandemic restrictions

Explained: How Indian diaspora decided to say 'dasvidania' to Moscow

Employed in Russia, 'corporate refugees' with roots in India seek a haven in Dubai

Indirect tax mop-up may fall short of target: Revenue secretary Tarun Bajaj

Revenue secretary attributes it to cuts in excise and Customs duties

Exports up 15.46% in May; trade deficit widens to a record $23.3 billion

India's merchandise exports grew 15.46 per cent YoY to $37.29 billion in May

SBI Research revises up India's FY23 economic growth forecast to 7.5%

Construction sectors including cement, steel, etc reported impressive growth in both revenue as well as net income with 45 per cent and 53 per cent, rise respectively in revenue

In a first, IIM-Ahmedabad brings out agriculture land price index

According to IIM-A, the index will be a reliable source in benchmarking land prices in rural and semi-urban areas and help in signalling converting agricultural land into real estate

Draft cabinet note issued for listing of 25% shares of CIL arm: Report

Bharat Coking Coal Ltd was incorporated in January, 1972 to operate coking coal mines operating in the Jharia and Raniganj Coalfields

Stock up before monsoon, Coal ministry tells power generating companies

Says stock available with power plants enough for 10 days of operation