Page 1052 - Economy & Policy News

Indonesian palm oil export ban a concern but impact to be transitory: FMCGs

Indian FMCG players have said they are concerned about Indonesia's move to ban exports of palm oil, though some of them expect the decision is likely to have only transitory impacts

Govt to review design linked incentive scheme to support 100 cos: MoS IT

The government will review norms of the design linked incentive (DLI) program which envisages supporting 100 companies involved in product design in the semiconductor space, Rajeev Chandrasekhar said

Yogi govt to provide one job to every farmer family in Uttar Pradesh

The Yogi Adityanath government has set a target to provide at least one employment opportunity to every farmer family in the next five years.

West Bengal BJP MP Arjun Singh meets Piyush Goyal over 'jute price capping'

BJP MP from West Bengal Arjun Singh met Union minister of textiles Piyush Goyal here in the national capital to raise his concerns regarding the price capping of raw jute by the Central government.

Govt puts import curbs on certain waste, scrap of precious metals

The DGFT amended the import policy for ash containing precious metal or precious metal compounds, including gold, platinum and silver, to "restricted" from "free"

State-run power gencos owe Rs 6,477.5 crore to Coal India Ltd

At present, the country is witnessing a power crisis on account of coal shortages

IISc Bangalore, USA's SEMI to cooperate in quantum technologies

Separate agreement signed for exploring the growth potential of electronics and semiconductor industry in India.

Defence ministry's procurement via e-market portal recorded at Rs 15,047 cr

The Ministry of Defence (MoD) on Saturday said its procurement orders using the government e-Market (GeM) portal reached an all-time high of Rs 15,047 crore in 2021-22.

Second phase of mandatory gold hallmarking to be begin from June 1: Govt

The government on Saturday said the second phase of mandatory hallmarking of gold jewellery and artefacts will come into force from June 1 this year.

Centre's new scheme to minimise migration from border areas: Minister

Prime Minister Narendra Modi is planning to rehabilitate people living along the international borders by providing them with all basic facilities, Pramanik said

Delhi-NCR ranks 9th in Asia Pacific in occupancy cost for office space

Delhi-NCR ranks ninth in Asia Pacific in terms of occupancy cost for prime office space at USD 60.1 per square feet per year, according to Knight Frank India

As men fear vasectomy, onus of family planning falls on Indian women

India's latest health data show that nearly 38% of women have undergone sterilisation but only 0.3% of men have had vasectomies

Govt seeks inputs on tackling cross-border insolvency: Union Minister Rao

Union Budget in February talked about updating the Insolvency and Bankruptcy Code to enable cross-border dispute resolution.

Parts of India have hottest April in 122 years; no respite forecast in May

The heatwave could affect agriculture by lowering yields of several standing crops in Punjab, Haryana and West Uttar Pradesh.

India emerged stronger despite huge loss due to Covid: Rajeev Chandrasekhar

Rajeev Chandrasekhar said the govt has been cognizant of the rapid pace of digitalization thrust upon the country by pandemic and the ability to face this calamity with resilience has been appreciated

DoT body refers back key 5G spectrum, pricing recommendations to Trai

Telcos have been unhappy that the base price fixed by the regulator for a period of 30 years is virtually the same as what they had recommended in 2018 at Rs 492 crore for a pan-India 1Mhz spectrum.

Scindia talks with US aerospace giants on bolstering alliance with India

Discussed potential collaboration for enhancing the civil aviation infrastructure ecosystem in India, including setting up MROs and furthering our GAGAN project, Scindia tweeted

We've to look after our interests: Hardeep Puri on oil trade with Russia

Petroleum Minister Hardeep Singh Puri on Friday said India imports a very small portion of its oil requirements from Russia and was open to buying it if the terms were right

DoT's top decision-making body okays TRAI's 5G base price suggestions: Rpts

While deciding that the spectrum should be auctioned for a period of 20 years, the inter-ministerial panel also decided against alloting spectrum directly to corporate bodies for private 5G networks

Decoded: How ONDC plans to level e-commerce playing field in India

The open network concept will not be restricted to the retail sector but will extend to mobility, food delivery, travel, among others