Page 1039 - Economy & Policy News
Demand for over 150k in roles in 5G, cloud computing, AI & big data: Report
TSSC's 'Indian Telecom Market 2022-23' report outlines growth and acceleration for skilling of NXTGEN technologies workforce
 "Demand for over 150k in roles in 5G, cloud computing, AI & big data: Report")
India to become large exporter of products post-Covid: Rajeev Chandrasekhar
Minister of State for Electronics & IT sees SMBs playing a big role in this regard
 "India to become large exporter of products post-Covid: Rajeev Chandrasekhar")
Will the govt's plan to prune import dependency in a new avatar work?
The aim is to boost domestic output, without raising tariffs or providing subsidy, of items on whose imports India is heavily dependent. The plan is to start with consumer and capital goods
 "Will the govt's plan to prune import dependency in a new avatar work?")
Senior executives in India may get 8.9% salary hike in 2022: Report
Salaries of senior executives in India have increased 8.9 per cent in 2022 from 7.9 per cent in 2021, a report said
 "Senior executives in India may get 8.9% salary hike in 2022: Report")
S&P cuts FY23 India growth forecast to 7.3% on inflation, Ukraine war
S&P Global Ratings on Wednesday cut India's growth projection for the current fiscal to 7.3 per cent from 7.8 per cent earlier on rising inflation and the longer-than-expected Russia-Ukraine conflict.
 "S&P cuts FY23 India growth forecast to 7.3% on inflation, Ukraine war")
Parl panel holds meeting for discussing railway connectivity to ports
Parliamentary Committee on Transport, Tourism and Culture is scheduled to convene a meeting on the subject of 'Railway Safety and Rail Connectivity to Ports'.
 "Parl panel holds meeting for discussing railway connectivity to ports")
Top headlines: Weakening rupee, LIC may exit Ambuja Cements, ACC and more
Business Standard brings you top headlines on Wednesday
 "Top headlines: Weakening rupee, LIC may exit Ambuja Cements, ACC and more")
World's food baskets need a better safety net as India curbs wheat exports
The world had been counting on Indian grain after the war in Ukraine, drought in Argentina and floods in Australia cut production from those countries
 "World's food baskets need a better safety net as India curbs wheat exports")
Prices of food items continuing to increase in May, says RBI report
"Pulses prices remained steady, although tur prices have moderated while masoor prices edged up. Edible oils prices registered a broad-based increase," the report said.
 "Prices of food items continuing to increase in May, says RBI report")
Indonesian export ban brings India's edible oil dependency back in focus
Indonesia's ban on palm oil exports has refocused attention on the efficacy of the government's policy to boost domestic production
 "Indonesian export ban brings India's edible oil dependency back in focus")
Wheat consignments examined by customs can be exported: Commerce Dept
Announcement comes days after DGFT banned all wheat exports to bolster falling stocks and manage food security; govt also allows wheat already being loaded at Kandla to head to Egypt
 "Wheat consignments examined by customs can be exported: Commerce Dept")
Challenge for India is to sustain 8-9% growth for 30 years: Amitabh Kant
India has done extremely well on the vaccination front and the challenge for the country is to grow 8-9 per cent over the next three decades, Niti Aayog CEO Amitabh Kant said on Tuesday.
 "Challenge for India is to sustain 8-9% growth for 30 years: Amitabh Kant")
Govt mulls extending April GST payment deadline; asks Infosys to fix glitch
As taxpayers face technical glitch on the GST portal, the government said it is considering extending the April tax payment deadline and has directed Infosys for early resolution of the problem
 "Govt mulls extending April GST payment deadline; asks Infosys to fix glitch")
PM calls for rapid rollout of 5G, says will contribute $450 bn to economy
Modi added that the country should be ready to launch 6G service by the end of the decade
 "PM calls for rapid rollout of 5G, says will contribute $450 bn to economy")
WPI inflation hits 15.08% in Apr, in double-digits for 13th straight month
Wholesale price inflation rate is now in double digits for 13 consecutive months.
 "WPI inflation hits 15.08% in Apr, in double-digits for 13th straight month")
BS Number Wise: In India's coal crisis, a question about nuclear power
India plans 10 atomic power facilities, joining some other nations in reviewing an alternative fuel that is cheaper and cleaner
 "BS Number Wise: In India's coal crisis, a question about nuclear power")
Govt extends April GST payment deadline till May 24 amid tech glitches
Earlier in the day, the CBIC had said that a technical glitch has been reported by Infosys in the generation of April GSTR-2B and auto-population of GSTR-3B on the portal
Low inflation, higher infra investment key for spurring growth: RBI article
Improving infra, ensuring low and stable inflation, and maintaining macroeconomic stability are critical for reviving animal spirits and spurring growth, says an article published in RBI bulletin
 "Low inflation, higher infra investment key for spurring growth: RBI article")
RBI turns net seller of US currency in March to defend rupee; sells $20 bn
Reserve Bank of India turned net seller of the US currency in March after it sold $ 20.101 billion on a net basis in the spot market, according to RBI's monthly bulletin for May 2022.
Wheat export ban marginally positive for India inflation: British Brokerage
The ban on wheat exports is only "marginally positive" for the domestic inflation outlook, a British brokerage said on Tuesday.