Page 1133 - Economy & Policy News

Electronics imports from Asean countries dip after govt tightens rules

Domestic industry complained about the routing of China goods via Asean

IDBI Bank a strategic partner, don't want to exit it fully: LIC chairman

Kumar says investors need not worry about govt control post IPO

India's draft data policy unlocks govt data for all, mulls monetisation

Pricing of datasets will be done by the respective government departments in a transparent manner

Health care Budget: Finance secy says it is responsibility of states

According to the budget proposals for FY23, the government is planning to spend about Rs 83,000 crore on healthcare, the same as it did in FY22

Women reluctant to join company boards, says FM Nirmala Sitharaman

The remarks come even as the statutes mandate top 1,000 companies to have at least one independent woman director.

States were becoming increasingly autonomous on funding pre-pandemic

Some were even on the verge of reducing central liability to zero

India on course to blend minimum 10% ethanol in 2021-22: Trade sources

Blending crossed 8.93% on Feb 16; trade sources say to achieve the 10% mark, 4.37 bn litres of ethanol are required of which 4.20 bn litres have already been offered via tenders and finalised by OMC

'Gabbar Singh Tax' critique of GST a disservice to our institutions: FM

Nirmala Sitharaman termed the Opposition's criticism of the Goods and Services Tax (GST) as 'Gabbar Singh Tax' as a knee-jerk reaction which is a disservice to the country's institutions.

Skymet says initial signs indicate monsoon 2022 could be 'normal'

LPA for the four-month southwest monsoon season that starts from June is 881 millimeters

$14 bn remitted by Indians in Apr-Dec as Covid-19 restrictions ease

Travel, studies abroad lead the surge as Covid-19 restrictions ease

RBI to suck out $5 billion liquidity from the system ahead of LIC IPO

Foreign exchange players said the move is positive for rupee and will push up dollar/rupee forward premium

LIC 3.0 to be listed, nimble and agile, say M R Kumar & K R Ashok

If there is any capital requirement, we will have to approach not only the government but all shareholders, said Kumar

Recovery tracker: Retail and recreation visits at record high as cases drop

Improvement in traffic, power generation and other indicators; daily Covid-19 case load below 25,000

CEPA will safeguard farmers, boost food processing sectors: Goyal

The minister further stated that with tariff concessions offered to the UAE in gold will lower input costs boosting the exports to the UAE

Better realisations help larger denim makers tide over cotton blues

Raw cotton prices have more than doubled since mid-2020, leading to consolidation with the larger players banking on international business

LIC largest holder of G-secs, equities, household savings: Report

The IPO-bound national insurer LIC is not only the largest holder of government debt -- owning 19 per cent of the G-secs -- but also the single largest owner of equities

Govt should put out paper on why it expects over 8% GDP: Chidambaram

Congress leader P Chidambaram on Monday said instead of indulging in "vain boasts" it should put out a reasoned paper on why it expects real GDP growth to be over 8 per cent in 2022-23

India expects fuel demand to grow 5.5% in the next fiscal year: Govt data

Consumption of aviation fuel would likely increase by nearly 50% to 7.6 million tonnes, compared with the revised estimate of 5.1 million tonnes for the year ending March 2022

At 9.2%, India among fastest-growing large economies: Niti Aayog CEO

The Indian economy is growing at 9.2 per cent and is expected to grow at similar rates in the coming years, Niti Aayog CEO Amitabh Kant said

IRCTC, NPCI, BoB arm launch co-branded credit card for railway customers

The Indian Railways' catering and ticketing arm along with NPCI and BOB Financial Solutions launched a co-branded credit card to tap the huge potential the market offers.