Page 1035 - Economy & Policy News

WEF 2022: Oxfam calls for wealth tax to benefit women in informal sectors

During a session on gender parity at the WEF 2022 at Davos, Bucher noted that billionaire wealth has risen greatly during the two years of the pandemic

What challenges India may face at Davos?

Global investors will be keenly assessing what the Indian delegation has to say at the World Economic Forum's annual meeting. What will be India's strategy and what challenges it could face?

Govt needs to clarify whether it wants oil price control or exports

The consequences of such confused messaging were felt in the lack of bidders for BPCL, forcing Delhi to abandon efforts to privatise the refiner

States seek legal views on Supreme Court ruling before GST Council meet

While many states want to extend the GST compensation regime beyond June 2022, the Centre's view stands that the compensation will be given to states only until that time

Govt changes contract rules for highways, project cost to be sole factor

For work under Hybrid Annuity Mode, operations and maintenance will not be a criteria anymore.

New round of solar PLI to have 3 schemes for different product categories

Plans to include highest corpus to polysilicon manufacturing

WTO meet in June: India may not favour relief to food purchase under WFP

Government officials said India may not agree with the proposal as it will restrict its policy space to deal with domestic food security concerns

Railways may scrap new dedicated freight corridors, enhance existing ones

Railways new assessment will delay DPR of new corridors by 5 months

Consumer affairs ministry calls meet to discuss service charge issue

In April 2017, the ministry had issued guidelines on charging of service charge by hotels/restaurants

Duty cut on petrol, diesel to put pressure on fiscal deficit: Experts

The tax reduction on petrol and diesel will lead to revenue loss of around Rs 1 lakh crore per year for the government

Steel Association writes to Sitharaman, seeks withdrawal of export duty

Industry should be allowed to fulfill the orders without export duties, say companies.

India's economic growth may have slowed to 3.5% in Q4 of FY22: Icra Ratings

The agency said the hiccups in the recovery of the contact-intensive services attributable to the third wave of Covid-19 in the country may have also affected the economic growth in the quarter

Heatwaves may make India's inflation problem worse, hurt growth: Moody's

Over the longer term, India's highly negative credit exposure to physical climate risks means its economic growth will become more volatile

In bid to boost investment, PM Narendra Modi proposes 'Japan Week'

"Met top business CEOs and highlighted the numerous investment opportunities in India," the Prime Minister said in a tweet

Modi meets Japanese biz leaders, discusses investment avenues in India

Prime Minister Narendra Modi on Monday courted top Japanese business leaders, including Masayoshi Son of SoftBank and Osamu Suzuki of Suzuki Motor Corp, to discuss investment opportunities in India

Disclose embedded value for September-March period: Centre to LIC

Sharing embedded value expected to instill confidence in the markets about the insurer's transparency

India joins US-led Indo-Pacific economic bloc aimed at countering China

On issues such as digital commerce, labour, and environmental standards, India and the US have contrasting views

More people fly in India, recreation visits dip as Covid-19 cases slow down

Trains carried more goods and power generation increased, weekly data shows.

Rajasthan urban jobs plans to use migrant labourers only in emergencies

State scheme uses eligibility document that people from outside the state may struggle to get, say civil society groups.

WEF 2022: DPITT sends delegation with agenda to increase India's exposure

As India assumes the presidency of the G20 in 2023, the initiative will boost India's position at WEF 2022 meet as an important stakeholder in shaping global narrative