Page 1143 - Economy & Policy News

Passenger vehicle retail sales drop 10% in Jan due to chip shortage: FADA

Two-wheeler sales last month declined by 13.44 per cent compared to January 2021

Statsguru: Six charts show recurring worries over rising crude oil

The share of OPEC in global oil production has been falling in recent times

Story in Numbers: Uttarakhand sees highest allocation for health

In 2021-22, Uttarakhand allocated 5.12 per cent of its total Budget (Rs 3,438.84 crore) to health

Govt's infra booster gives hope to construction equipment makers

A lot will, however, depend upon capex execution in a time-bound manner

Steel, auto, textile companies at heart of PLI scheme job target

The government's ambitious target of generating over 6 million jobs in five years from PLI scheme will hinge on five of the 14 specified sectors reaching the magic numbers

Asian Development Bank lends record $ 4.6-bn loans to India in 2021

The Asian Development Bank (ADB) on Sunday said it provided a record USD 4.6 billion loans to India in 2021, including USD 1.8 billion towards coronavirus response

Keeping eye on global inflation pressure, says FM Nirmala Sitharaman

'Global price of fuel is now a concern for all of us', FM said

Finance Ministry eyes new ways to boost non-lapsable defence fund

The ministry said FFC recommendations are against good parliamentary practice

RBI, NBFCs in early talks to open up credit card business in India

To breathe life into 2004 circular on shadow banks' entry into this space

RBI postpones MPC meet to Feb 8 as Maharashtra declares holiday on Monday

The meeting of the interest rate setting body, which was scheduled to start on Monday, will now begin on February 8

FY23 divestment target more realistic, not underestimation: Sitharaman

Union Finance Minister Nirmala Sitharaman on Sunday said the disinvestment target set for FY23 is more realistic and she wants to achieve it, and it is not an underestimation.

Centre will bring ATF in GST for discussion in next Council meet: FM

Centre will bring for discussion in next meeting of the GST Council the issue of bringing aviation turbine fuel (ATF) into the goods and services tax regime, Finance Minister Nirmala Sitharaman said

Govt prepared to deal with any global development: FM Sitharaman

In a post-Budget interaction with industry body Ficci, she urged corporates to take advantage of the recovery in the economy and step up investment.

'Infra projects expected to route through PM GatiShakti's NPG after Apr 1'

The PM GatiShakti plan was announced last year with an aim to break departmental silos and bring in more holistic and integrated planning and execution of projects

India's official digital currency to debut by early 2023, says report

Finance Minister Nirmala Sitharaman in her budget speech last week talked about launching a central bank-backed 'digital rupee' soon.

As Bengal's debt piles up, state govt applies brakes on spending

The Chief Minister had suggested several measures that will not only cut down the unnecessary expenses but also increase the state revenues

Union Budget 2022-23 aimed at making India future-ready: Piyush Goyal

Speaking at a public function to explain the nuances of the Union Budget in Mumbai today, the Minister said "the budget should be seen as an exercise in continuity to make India future-ready".

Sebi should hear if cos have views on separate roles of Chairperson, MD: FM

At the end of December 2020, 53% of the top 500 listed entities had complied with the provision

Publishing confidential export-import data may now lead you to jail

The FY23 Budget has proposed to introduce section 135AA in the customs act through the Finance Bill for "protection of data".

FM Sitharaman urges India Inc to open up their purse to push growth

Referring to the government's decision to cut corporate tax rate, she said, the government has also opened up many sectors including atomic energy and space