Page 1118 - Economy & Policy News
Matter of pride that India has a woman finance minister: PM Modi
PM Modi on Tuesday said it was a matter of pride that a large country like India has a woman finance minister who has presented a progressive Budget this year for Asia's third largest economy.
 "Matter of pride that India has a woman finance minister: PM Modi")
PM Modi to address global investors on privatisation, asset monetisation
The government has set a Budget target of Rs 65,000 crore from CPSE disinvestment/privatisation in the next fiscal beginning April 1
 "PM Modi to address global investors on privatisation, asset monetisation")
Include women entrepreneurs as stakeholders in consultations on FTA: ICRIER
Economic think tank ICRIER has suggested the government to include targeted measures in the forthcoming foreign trade policy to boost women's participation in global commerce
 "Include women entrepreneurs as stakeholders in consultations on FTA: ICRIER")
Ukraine crisis could disrupt India's spending plans, recovery: Report
ebruary's budget was based on an average oil price of $75 to $80 a barrel for the fiscal year starting from April 1, but Brent briefly soared on Monday to nearly $140, its highest in over a decade.
 "Ukraine crisis could disrupt India's spending plans, recovery: Report")
Indians stock up cooking oil, fuel, fearing shortages amid Ukraine war
India imports more than 90% of its sunflower oil from Russia and Ukraine, though sunflower oil accounts for about 14% of its total edible oil imports.
 "Indians stock up cooking oil, fuel, fearing shortages amid Ukraine war")
Lokpal fails to sanction prosecution of anyone in nearly three years
The Lokpal and Lokayuktas Act, 2013, states that the Lokpal shall constitute a prosecution wing headed by the director of prosecution for the purpose of prosecution of public servants
 "Lokpal fails to sanction prosecution of anyone in nearly three years")
Modi govt's infrastructure push fuels bond sales by highway builders
The average yield on top-rated three-year corporate bonds rose to 6.02% on Monday, the highest level in a month.
 "Modi govt's infrastructure push fuels bond sales by highway builders")
Telangana government presents tax free budget for 2022-23
The budget proposed an outlay of Rs 17,700 crore for the state government's flagship Dalit welfare scheme 'Dalit Bandhu'
 "Telangana government presents tax free budget for 2022-23")
Export-to-GDP ratio: India must get back to 2013-14 level, shows data
India is expected to have an export-to-GDP ratio of 20.8% this year; in 2013-14, India's export-to-GDP ratio was 25.4%
 "Export-to-GDP ratio: India must get back to 2013-14 level, shows data")
Women borrowers' tally grows at CAGR of 19% in 5 yrs; men at 14%: CIBIL
Credit penetration for women (percentage of borrowers to total adult population) has improved to 12% in 2021 from 6% in 2016.
 "Women borrowers' tally grows at CAGR of 19% in 5 yrs; men at 14%: CIBIL")
Govt to reopen application window for PLI scheme for white goods
The Cabinet approved the PLI scheme for manufacturing components and sub-assemblies of air conditioners (ACs) and LED lights in April 2021 to bring manufacturing at the centre stage
 "Govt to reopen application window for PLI scheme for white goods")
India's coal imports fall 8.76% in Feb, domestic production rises
The price of coal in the global market touched a record high of $400 per tonne last week, due to the Russia-Ukraine war
 "India's coal imports fall 8.76% in Feb, domestic production rises")
Industry has a role to play in reducing tax disputes, says FinMin
Two prominent policymakers - finance secretary TV Somanathan and revenue secretary Tarun Bajaj - said on Monday that the larger industry had a big role to play in reducing tax disputes
 "Industry has a role to play in reducing tax disputes, says FinMin")
Petrol, diesel price hike soon as oil companies prepare to pare losses
Petrol and diesel prices need to be increased by Rs 15 a litre for fuel retailers to break even
 "Petrol, diesel price hike soon as oil companies prepare to pare losses")
Fallout of Russia-Ukraine war: Rupee nears 77/$ in all-time low
The previous all-time low for the rupee was recorded on April 16, 2020, when it closed 76.87 against the dollar
 "Fallout of Russia-Ukraine war: Rupee nears 77/$ in all-time low")
After Covid dip, TV advertising volumes grow 22% in 2021: BARC
Overall television advertising volumes grew 22 per cent to 1,824 million seconds in 2021, after getting hit in the previous year due to the COVID-19 pandemic, the BARC said
 "After Covid dip, TV advertising volumes grow 22% in 2021: BARC")
Women managers: India lags major regional peers, ESG scores risk impact
Other countries also have higher gender diversity on company boards, says BofA Securities report
 "Women managers: India lags major regional peers, ESG scores risk impact")
India looks to advance trade deal with Bangladesh: Piyush Goyal
Bangladesh is India's fifth largest export destination.
 "India looks to advance trade deal with Bangladesh: Piyush Goyal")
Russia-Ukraine crisis: Falling rupee unlikely to shore up India's exports
Uncertainty resulting from the Russian invasion of Ukraine and over how other currencies behave among factors keeping exporter sentiment in check
Recovery tracker: Workplace visits drop, power generation growth slows
Freight growth and traffic congestion show signs of improvement