Page 1090 - Economy & Policy News

No proposal at present to supply edible oils at subsidised rates: Govt

Last year, the all-lndia average domestic retail prices of groundnut oil stood at Rs 176.28 per kg as against Rs 147 per kg in 2020

India's Feb crude oil imports hit four month-low as global prices surge

India is the world's third-biggest oil importer and consumer, and covers over 80% of its crude oil needs with imports, relying heavily on the Middle East

Skill hubs to be set up across India, 5,000 panned in first phase: Govt

"For example, in IT and the technology space, women participation has exceeded 44-45 per cent," Chandrasekhar added

89% of land needed for bullet train project acquired: Rly minister tells LS

In Gujarat, 98.76 per cent out of 954.28 hectares needed for the project has been acquired, Vaishnaw said

Govt imposes curbs on exports of HFCs to boost domestic availability

Exporters will now have to seek permission from the government to export hydrofluorocarbons (HFCs)

'400 mn air traffic by FY24, Rs 1-trn investment lined up in airports'

He also defended the government's move to lease out airports to private entities saying the profitability of the Airports Authority of India (AAI) will increase due to this

28,091 patents granted till March 15 this financial year: Govt tells Parl

India's import of edible oils stood at 1,35,40,020.94 tonnes in 2020-21

India imports 651.24 tonnes of gold in financial year 2020-21, says govt

The import of toys, games, sports equipment from China is showing a declining trend

Many Indians tighten belts as Ukraine war drives up prices of necessities

Higher prices from European conflict put economic recovery at risk; companies up prices to pass on higher costs of fuel, materials

Despite huge outlay, Rs 15,000 cr MGNREGA dues may spill over to FY23

Expenditure on the MGNREGA scheme in FY22 is pegged at 1,13,311.23 cr, so even if the Centre uses all if the Rs 98,000 cr allocated to the scheme, a huge sum will remain uncleared.

Petrol, diesel prices hiked by 80 paise a litre for second day in a row

Petrol and diesel prices on Wednesday were hiked by 80 paise a litre each for the second day in a row since the ending of an over four-and-half month hiatus in rate revision.

India's economic recovery holds steady as Ukraine war clouds outlook

India's services and manufacturing activity held steady in February, even as the war in Ukraine clouds the outlook for prices and growth in the consumption-driven economy

Centre spent Rs 5,674 cr for computerisation of panchayats in Bihar

The Centre has spent more than Rs 5,674.70 crore for the computerisation of panchayats in Bihar.

FY22 Healthcare hires saw 100-220% growth in specialised roles: TeamLease

Overall employment in sector grew from 6.8 mn in FY21 to 7.5 mn in FY22; about 9.5 mn people likely to be employed by FY26

Petrol and diesel prices hiked for first time in over four months

Up 80 paise a litre; domestic gas cylinder now dearer by Rs 50

EVs to cost same as petrol-run vehicles in two years: Nitin Gadkari

EV sales in India rose 162 per cent in the last year, said MoRTH last week, citing the latest available data.

Fitch cuts FY23 growth forecast to 8.5%, cites soaring energy prices

The rating agency said post-pandemic recovery is being hit by a potentially huge global supply shock that will reduce growth and push up inflation

Fitch cuts FY23 growth forecast to 8.5%, cites soaring energy prices

The rating agency said post-pandemic recovery is being hit by a potentially huge global supply shock that will reduce growth and push up inflation

Raw jute MSP hiked by Rs 250 to Rs 4,750 a quintal for 2022-23 season

Jute Corporation of India will continue as central government nodal agency to undertake price support operations and the losses incurred, if any, in such operations, will be fully reimbursed by Centre

India likely to offer lower import tariffs on premium Australian wine

This will be part of an early harvest agreement; officials hope to finalise the interim trade pact by end of this month