Page 1070 - Economy & Policy News
Indian Air Force chief laments too many different aircraft
Tender for 114 fighters may bring in even wider variety of aircraft
 "Indian Air Force chief laments too many different aircraft")
Domestic patent filings surpass international ones after 11 years
Total of 19,796 patent applications filed, 10,706 54% were filed by Indian applicants as compared to 9,090 by non-Indian applicants
 "Domestic patent filings surpass international ones after 11 years")
Govt's monetisation plan completes transactions worth Rs 96,000 cr in FY22
Road, power, coal and mining assets helped in surpassing the first-year target, the official said
 "Govt's monetisation plan completes transactions worth Rs 96,000 cr in FY22")
India, Malaysia vow to deepen ties, intensify cooperation in various fields
During his Malaysia visit, the secretary (east) also paid a courtesy call on Malaysian Foreign Minister Saifuddin Abdullah and exchanged views on India-Malaysia bilateral ties
 "India, Malaysia vow to deepen ties, intensify cooperation in various fields")
IIP rises by 1.7% in Feb from 1.3% a month earlier on mining push
Mining grew at a faster 4.5% in February, from 2.8% in Jan; Mfg growth slipped to 0.8% from 1.1%
 "IIP rises by 1.7% in Feb from 1.3% a month earlier on mining push")
Institutional investments in real estate doubled to $1.1 bn in Jan-Mar
Office, retail, and industrial & logistics segments contributed 95% of the total institutional investment in the real estate sector during January-March period
 "Institutional investments in real estate doubled to $1.1 bn in Jan-Mar")
Mumbai, Kandla ports clog as OMCs clamour for select ports for LPG imports
This subsidy is not available for imports done at other ports and so there is a clamour to get the ships only at these ports, four industry sources with direct knowledge of the matter said
 "Mumbai, Kandla ports clog as OMCs clamour for select ports for LPG imports")
'Demand for thermal coal to rise due to increase in electricity demand'
The coal ministry has taken consistent initiatives to increase the production of coal from captive mines
 "'Demand for thermal coal to rise due to increase in electricity demand'")
'Lower than industry's demand': Analysts on Trai 5G price recommendations
The reduction proposed in pricing, though largely on expected lines, is not in sync with the 90% drop that the industry had been asking for, the experts said
 "'Lower than industry's demand': Analysts on Trai 5G price recommendations")
We should take textiles exports to $100 billion by 2030: Goyal
The textiles minister also said the exports would get a boost as the sector would get zero duty access in the UAE and Australia.
 "We should take textiles exports to $100 billion by 2030: Goyal")
Number of patent filings rises to 66,440 in FY22: Commerce ministry
The number of patent filings increased from 42,763 in 2014-15 to 66,440 in 2021-22 due to steps taken by the government to strengthen intellectual property rights regime of the country
 "Number of patent filings rises to 66,440 in FY22: Commerce ministry")
EVs present an opportunity of almost Rs 3 trn for stakeholders: CRISIL
The opportunity includes potential revenue of Rs 1.5 trn across vehicle segments for vehicle makers, component manufacturers and Rs 90,000 crore in form of disbursements for vehicle financiers.
 "EVs present an opportunity of almost Rs 3 trn for stakeholders: CRISIL")
Spiralling prices of essentials, fuel strain household budgets across India
While the prices of vegetables and several other food items have gone through the roof, the rates of petrol and diesel have increased by about Rs 10 per litre each in the past one month.
 "Spiralling prices of essentials, fuel strain household budgets across India")
India to fall short of 2022 target of solar capacity by 27%: Report
India is projected to fall "well short" of its target for 2022 of having 100 GW of installed solar capacity, largely due to slow uptake of rooftop solar, a new report by JMK Research and IEEFA said
 "India to fall short of 2022 target of solar capacity by 27%: Report")
Rajnath Singh seeks out US companies for co-development, co-production
Defence Minister Rajnath Singh on Monday (local time) said that he has appealed to the US companies and equipment manufacturers for co-development and co-production in India.
 "Rajnath Singh seeks out US companies for co-development, co-production")
Rajnath Singh says India has critical role to play in Indo-Pacific
Defence Minister Rajnath Singh on Monday (local time) said that India has a critical role to play in the Indian Ocean Region and wider Indo-Pacific following Act East and Neighbourhood First policies
 "Rajnath Singh says India has critical role to play in Indo-Pacific")
Blinken calls 4th India-US 2+2 dialogue 'momentous' in global affairs
US Secretary of State Blinken on Monday said that these meetings played a key role in strengthening bilateral ties
 "Blinken calls 4th India-US 2+2 dialogue 'momentous' in global affairs")
Rajnath invites US defence cos to invest in India, support 'Make in India'
India, he said, is working with the US to double up capabilities across conventional and emerging defense domains.
Record wheat crop, high stocks to help India meet rising global demand
India's new season wheat harvest is underway, with this year's production pegged at a record 111.32 million tonnes - making it the sixth season in a row that the country has produced a surplus.
 "Record wheat crop, high stocks to help India meet rising global demand")
RBI restores pre-Covid timing of financial markets effective April 18
The trading hours were revised when the Covid-19 pandemic struck due to the operational dislocations
 "RBI restores pre-Covid timing of financial markets effective April 18")