Page 1132 - Economy & Policy News

Why is the trade deal with UAE a significant step for India?

India signed a comprehensive free trade agreement with UAE on Friday. What does this trade agreement mean for New Delhi and what the govt is planning to achieve through this? Find out in this report

Top headlines: India inc braces for Ukraine fallout, Gold outshines market

Sebi tightened rules governing market infrastructure institutions (MIIs) in the aftermath of the Chitra Ramkrishna scandal. More on that in our top headlines.

Centre likely to miss national monetisation target for next fiscal

For FY22, the railways had lined up projects worth around Rs 17,810 crore for monetisation

Air-locks in govt's green hydrogen policy as demand remains a key issue

Compared to solar, hydrogen is not energy-efficient for running light vehicles

Ukraine crisis: Crude oil surge a challenge to financial stability, says FM

Brent crude prices shot up to $99.1/barrel from $96/barrel on Monday after the Russia-Ukraine crisis deepened, but it fell to $97.86

Gold outshines market, emerges as the best-performing asset class in 2022

Metal up nearly 4% YTD against 2% decline in Sensex in dollar terms

Centre may borrow towards cancelled debt auctions, says report

The government had cancelled its last two weekly debt sales worth 240 billion rupees ($3.21 billion) each as global yields surged and as the state had achieved a comfortable cash balance

Barclays forecasts India's GDP growth at 6.6% in December quater

Foreign brokerage Barclays said the Indian economy is likely to have expanded by 6.6 per cent in the December quarter.

Russia-Ukraine crisis: India Inc braces for fallout, monitors situation

Russian President Vladimir Putin orders troops into eastern Ukraine

Ukraine crisis: Indian exporters delay orders, worry over payment dues

Russia is India's 25th largest trading partner as of 2021-22, with total trade at $9.4 billion during the first three quarters of the current fiscal.

De-escalation of Russia-Ukraine tensions immediate priority: India

Following Putin's decision, the UN Security Council, under Russia's Presidency for the month, held an emergency open briefing called for by Ukraine.

Rupee weakens, bond yields rise as Russia-Ukraine crisis deepens

According to currency dealers, there would be a weakening bias to the rupee as long as global headwinds play out

Govt sanctions four national highway projects worth Rs 4,500 crore

The projects announced by Union Minister Nitin Gadkari pertain to the construction, widening, and upgrade of national highways in Assam, Telangana, Karnataka, and Andhra Pradesh

India eyes image makeover with UAE FTA deal in a record 88 days

India-UAE deal (signed last week) was comparitively easier than prospective complex ones with developed nations

Keen to fill vacant posts at regulatory bodies at the earliest: Sitharaman

The Centre had invited applications for the Sebi chairperson's position in October 2021

India's giving inflation room to grow to boost growth, but that may bite

India's wholesale price index, which tracks goods at factory gates, rose almost 13% from a year earlier in January.

BS Number Wise: Smart City Mission is slow and slipping

Plan to develop 100 urban centres is unable to meet deadlines or fully use funds but keeps adding new projects to its list

'India's textiles exports can touch $100 bn from current $40 bn in 5 years'

Textiles Secretary Upendra Prasad Singh said the country's apparel industry must focus on vertical integration to increase its scale and size to benefit from the production-linked incentive scheme

Wholesale price of tur dal drops nearly 3% on measures taken by govt

The government on Tuesday said wholesale price of tur dal declined by nearly 3 per cent in the last one year on the back of measures taken by it to boost domestic supply and stabilise rates.

India Ratings revises microfinance sector outlook to 'neutral' for FY23

India Ratings has revised upwards its outlook on the microfinance sector to 'neutral' from 'negative' next fiscal, on the back of a revival in growth that could clip at 30 per cent.