Page 1092 - Economy & Policy News

RBI to conduct two VRRR auctions worth Rs 1.5 trillion on Tuesday

Treasury executives say liquidity surplus continues to be sizeable

RBI continues to support growth, rupee: Governor Shaktikanta Das

India comfortably placed to deal with spill-overs from Ukraine crisis, says Das

Poor man's fuel kerosene sees sharp rise in price even as usage dips

Domestic consumption has been coming down in recent years

EPFO interest rate reflects reality; is still better than other schemes: FM

The central board has proposed to slash the PF rate to 8.1 per cent for FY22 from 8.5 per cent in FY21 and FY20, the lowest in four decades

Dodla Dairy shares jump nearly 16% on Sri Krishna Milks acquisition

The stock jumped 19.23 per cent to Rs 548 on the BSE

Advertising sector to touch Rs 1 trn revenue by 2024, says EY-FICCI report

The Indian advertising sector is expected to grow with a CAGR of 12 per cent and should reach Rs 1 trillion revenue by 2024, said a joint report by industry body Ficci and consultancy firm EY.

Indian startups disrupting the world, says NITI Aayog CEO Amitabh Kant

Indian start-ups are disrupting the world and women-based entrepreneurship is one of the vehicles for realising a more equal society, Niti Aayog CEO Amitabh Kant said on Monday

Biz activity allays Russia-Ukraine war fears, hits all-time high

In a broad-based recovery, the Nibri rose to another record high of 126.4 for the week ending 20 March from 122.8 in the previous week, a 26.4 percentage point rise from the pre-pandemic levels

Coal buyers in India are paying 300% premiums to secure fuel

Indian coal prices have surged in auctions held by the country's state-run miner, with domestic buyers rushing to secure supplies as global disruptions push up the cost of imported fuels

Russia-Ukraine war: Govt in talks with Egypt to start wheat shipments

India is in final talks to begin wheat exports to Egypt, while negotiations are also going on with countries such as China and Turkey, after Russia's invasion of Ukraine upended global supplies

Duty evasion on Chinese sweetener leaves bitter taste, invites probe

DGTR probes alleged circumvention of countervailing duty via trade re-routing

Recovery tracker: Spike in retail, recreation visits as mobility expands

More flights and higher electricity generation amid lower Covid-19 cases

Aluminium Association of India seeks PMO intervention on coal supply issues

The letter has been prompted by a recent adhoc decision by state-run CIL to further curtail road and rake supplies of coal to the non-power sector, without any advance notice

Bengal running welfare schemes effectively despite dip in funds: Minister

West Bengal Women and Child Development Minister Shashi Panja on Monday said in the Assembly that inadequate fund allocation by the Centre was affecting several welfare projects

Focus on R&D to cut import of vaccines, feed additives: Govt to poultries

Minister of State of Fisheries, Animal Husbandry and Dairying Sanjeev Kumar Balyan asked the poultry industry to focus on research for reducing import dependence on vaccines and feed additives.

Crypto mining cost not to be allowed as deduction under I-T Act: FinMin

The minister said while computing the income from transfer of VDA, no deduction in respect of any expenditure (other than the cost of acquisition) or allowance is allowed

No prospect of Indian economy falling into stagflation vortex: RBI Governor

Shaktikanta Das was also quick to add that he expects retail inflation to moderate going forward

Today's realities dictated interest rate cut on employee PF, says FM in RS

8.1% rate better than interest rate on small saving deposits, says FM in Rajya Sabha

RBI Governor vows ample liquidity to aid India's economy

RBI has infused Rs 17 trn during past two years and will ensure adequate funds that economy needs, says Shaktikanta Das

Centre deliberating on e-commerce policy draft, says CAIT

According to CAIT, Goyal advised the officials to explore the possibilities of formation of a regulator for e-commerce trade so that laws and rules are followed in both letter and spirit