Page 1137 - Economy & Policy News

WPI inflation eases to 12.96% in Jan from 13.56% in the previous month

Wholesale price index (WPI)-based inflation rate decelerated to 12.96% in January from 13.56% in the preceding month as per the data released by the industry department.

WPI inflation eases to 12.96 pc in Jan; food prices harden

WPI inflation has remained in double digits for the tenth consecutive month beginning April 2021.

Statsguru: Six charts explain India's uneven economic recovery

A key reason for lower than expected inflation projections could be weak demand

Govt approves Rs 26,275 cr scheme for continuation of police modernisation

The Modi government has approved the continuation of a mega police modernisation scheme for five years up to 2025-26 with a financial outlay of Rs 26,275 crore.

Centre may not go for 60% borrowing in the first half of FY23

Rethink on proportion on back of Fed tightening, high oil prices

New levy on unblended petrol and diesel likely to lead to price hike

The Rs 2 per litre additional excise duty proposed on unblended fuels in the Finance Bill will result in a uniform hike of diesel prices across the country from October 1.

Long-awaited 5G spectrum auction expected in April-May 2022: Official

According to the DoT, 5G is expected to deliver download speed 10 times faster than 4G services

Auto-debit payment bounce rates in January lowest since August 2019

Bounce rate has been trending downwards since July 2021, as the second wave of the pandemic receded.

Offline digital payments: What does it mean, and how does this work?

Proximity payments have got a huge leg-up. Tap-and-pay will now be on steroids

LIC IPO: Govt files draft papers to sell 5% for around Rs 63,000 crore

LIC IPO would be the biggest IPO in the history of Indian stock market; DRHP has been filed today with the SEBI, says DIPAM secy

Government to tighten MGNREGA scheme to plug 'tremendous leakages'

The Centre has allocated Rs 73,000 crore for 2022-23, which is 25 per cent lower than the Rs 98,000 crore provided in the revised estimate (RE) for the current fiscal

Non-financial debt jumps 11.9% to Rs 371 trillion in Sept quarter: Report

However, this is lower than the previous fiscal, when it had touched 180.2 per cent of GDP after a three per cent contraction in the nominal GDP during FY21

Coal crunch has been 'catastrophic' to non-power sector: Industry groups

Coal India on Saturday said it is currently supplying around 3.4 lakh tonnes of coal per day to non-power sector which is the company's average supply to this segment

Govt aims to privatise 5-6 PSUs in FY22, LIC IPO expected by Q4: DIPAM Secy

Tuhin Kanta Pandey said the government is aiming to close the privatisation of BEML and Shipping Corp of India in FY22

'LIC IPO expected to hit market by Q4FY22,' says DIPAM Secretary

LIC IPO: The listing of LIC will be crucial for the government in meeting its disinvestment target of Rs 1.75 trn for FY22

Effective duty on crude palm oil cut to 5.5% to cool edible oil prices

With edible oil prices ruling high throughout last year, the government had on multiple occasions cut import duty on palm oil to increase domestic availability.

Centre likely to miss divestment target again as BPCL remains unsold

The Centre expects to mop up nearly Rs 1 trillion from LIC's IPO

Govt to review, simplify FDI policy to facilitate LIC IPO: DPIIT secy

LIC IPO: Currently, FDI of 74% is permitted in most Indian insurers. However, the rules don't apply to LIC as it is a special entity created by an act of parliament

LIC IPO: Govt expects to open IPO issue by mid-March: Report

LIC IPO: The listing of LIC is set to be India's biggest ever IPO, with the government aiming to raise up to Rs 90,000 cr

India probing alleged export subsidisation of a chemical by 3 countries

Following a complaint by a domestic firm, DGTR has started the probe to examine whether subsidy programmes of these countries for exports of saturated fatty alcohols are impacting domestic industry