Page 1023 - Economy & Policy News

Post export ban, India asked to supply over 1.5 mn tonnes wheat: Report

'More than half a dozen countries have approached India for more than 1.5 million tonnes of wheat and we will see how to go about these requests,' says a govt official who didn't wish to be identified

Govt's wheat procurement down at 18.46 million tonnes so far in rabi year

The government has procured 18.46 million tonnes of wheat at a MSP value of Rs 37,192.07 crore so far in the ongoing 2022-23 rabi marketing year, benefitting 17.50 lakh farmers, the Food Ministry

Centre warns of CBI, EoW action against post-dated wheat export LCs

Since wheat export was banned on May 13, the government has been cracking down on exporters who are waiting to have their orders cleared on the basis of invalid LCs

Centre announces Rs 1,000 cr scheme for power and RE equipment making zones

The proposed funding for the three zones is Rs 1,000 crore with a ceiling of Rs 4,000 crore

Power ministry earmarks 81 thermal units to move coal to renewable by 2026

The list includes generation units of state-owned NTPC, and privately owned units of Tata Power, Adani Power, CESC, Hindustan Power

Dedicated freight corridors to be delayed again, deadline extended by 2 yrs

DFCC has so far commissioned 1,010 kilometres (km) of the proposed 2,843 km, pertaining to stretches undertaken by the government for both the corridors

Recovery tracker: Workplace attendance up, retail and recreation visits dip

Vehicle registrations continue into third week of decline

PMEGP extended till FY26 with Rs 13k-cr outlay; to create 4 mn jobs: Govt

PMEGP seeks to facilitate generation of employment opportunities for youth across the country by assisting them in setting up of micro enterprises in non-farm sectors.

Govt extends PLI scheme for specialty steel a third time, till June 30

The government on Monday extended for the third time the deadline to submit applications under the production-lined incentive scheme for specialty steel till June 30, 2022.

GST hasn't boosted states' tax collections, no gains seen in 5 yrs: Ind Ra

From June this year, the Centre will stop giving states any compensation for tax collection shortfall.

Consultation paper on crypto almost ready; to be submitted soon: DEA Secy

Ajay Seth also said that a global response is needed to deal with the challenges posed by crypto

Govt aims to cut power output from at least 81 coal-fired plants over 4 yrs

"The thermal power plants in future shall operate up to the technical minimum to accommodate cheaper renewable energy when it is available," the ministry said in the letter dated May 26.

Are labour markets overheating? Six charts explain state of employment

The ILO report also highlighted that incomes haven't returned to pre-pandemic levels across most of the world

Haryana CM Khattar announces development works worth Rs 575 cr for Sirsa

Haryana Chief Minister Manohar Lal Khattar on Sunday announced development works worth Rs 575 crore for Sirsa district

Haryana CM Khattar allocates Rs 2,711cr for development work in Gurugram

Haryana CM Manohar Lal Khattar announced an allocation of Rs 2,711 crore for development work in all four assembly constituencies of Gurugram district during a 'Pragati Rally'

Centre likely to lift veil on taxing NFT as virtual digital asset

Likely to release framework ahead of first advance tax instalment

What are key takeaways from WEF meet? What made India stood out this year?

The World Economic Forum ended with a call for unity and a win-win world. But is the world order shaping up like that? Here are the highlights of the event in which India emerged as a bright spot.

India risks another power crisis in July-August: Report on coal stock

Stock at power stations 'reducing consistently' since May 2020, says CREA.

Policy flip-flop over coal import puts state, private gencos in a spot

CIL to import coal for states; working capital pressure worries IPPs

PM Modi may hold first in-person meet of NITI Aayog since 2019 soon

The meeting comes at a time when NITI Aayog has a new vice-chairman in Suman Bery