Page 1053 - Economy & Policy News

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

Nitrogen-potash-sulphur get higher subsidy hike than phosphate in new round

Hike is valid till September 30. Consequently, per tonne increase in subsidy in DAP and its products has also been lower than different grades of NPKS

Core sector picks up sequentially; registers double digit growth in March

A coal shortage could aggravate power cuts in many states, leading to economic growth losing momentum.

Trai may have to discuss and rethink its proposals on 5G spectrum

DCC might write to regulator soon; Points include 20-year licence instead of 30

India to overcome Covid-19 pandemic losses by FY35, says RBI report

6.5-8.5% is the feasible range for medium-term steady state GDP growth in India

Aim to make India a hub for semiconductors for the world: PM Narendra Modi

IT minister says will grant approvals to chip makers in 6-8 months

India and EU comprehensive free trade deal to be finalised by 2024

Negotiations are expected to kick start in June, after the World Trade Organisation's (WTO's) 12th ministerial meeting.

RBI new ban likely to push up approval cost for property developers

The issue could be more worrisome for developers in Mumbai because premium payment and TDR appertain more to the city, experts said.

GoM likely to discuss imposing flat 28% GST on online gaming

Set to meet on Monday to iron out issues, including tax ambiguities

Indian refiners negotiating 6-month deal with Russia to import oil: Report

India has already bought more than twice as much crude from Russia in the two months since its invasion of Ukraine on Feb.

Forex reserves down $3.271 bn to $600.423 bn, says RBI data

In the previous week, the reserves had declined by USD 311 million to USD 603.694 billion

Indian Sugar Mills Association director general resigns unexpectedly

Since Oct. 1, 2022, when the current sugar season began, Indian mills have signed contracts to export a record 8 million tonnes of the sweetener

CIL output grows 27% in April; despatch improves 5.8%: Coal ministry

Public sector miner Coal India has reported an increase of 27.2 per cent in its output in April 2022 as compared to the year-ago period, coal ministry said on Friday.

EU says looking at concluding free trade agreement with India by 2024

EU Ambassador Ugo Astuto said India and the European Union are eyeing to firm up the comprehensive trade and investment agreements before the commencement of the electoral cycles on both sides in 2024

Can O-RAN truly disrupt the rollout of 5G network tech or is this all hype?

Telecom equipment majors say its disruptive impact is a myth but service providers think otherwise