Page 1153 - Economy & Policy News
Economic Survey: Govt sets up National Land Monetisation Corporation
The government has set up a National Land Monetisation Corporation to fast track monetisation of land and non-core assets of public sector entities, the Economic Survey said on Monday.
 "Economic Survey: Govt sets up National Land Monetisation Corporation")
Registration of homes in Mumbai city down 26% in Jan to 7,732 units: Report
Registration of residential properties in Mumbai municipal area fell 26 per cent on an annual basis to 7,732 units due to restrictions on movements to curb the spread of the coronavirus pandemic
 "Registration of homes in Mumbai city down 26% in Jan to 7,732 units: Report")
Closing sugar inventory likely to be second lowest in 10 years this year
This should augur well for millers and help clear cane dues, and also ensure a steady price of the commodity in the open market
 "Closing sugar inventory likely to be second lowest in 10 years this year")
Farm production rose, agri exports touched record Rs 3 trn in 2020-21: Prez
President Ram Nath Kovind on Monday said the country's farm production and procurement increased during 2020-21 crop year
 "Farm production rose, agri exports touched record Rs 3 trn in 2020-21: Prez")
President lauds 'Digital India', says Centre working on developing 5G
President Ram Nath Kovind on Monday appreciated the vision of the government for the success of the country's Unified Payments Interface (UPI) platform in the context of Digital India
 "President lauds 'Digital India', says Centre working on developing 5G")
Budget 2022 may be work of restoration, but challenges for FM no less steep
Touch services like hospitality, leisure, tourism in desperate need of support
 "Budget 2022 may be work of restoration, but challenges for FM no less steep")
Govt companies, departments way short of capital expenditure target
CPSEs met only 63% of spending target by December
 "Govt companies, departments way short of capital expenditure target")
Statsguru: How is the Indian economy faring on various parameters
Until December 2021, India had exported $300 billion worth of merchandise
 "Statsguru: How is the Indian economy faring on various parameters")
Credit card spends increase by over 47% in December, shows data
In the corresponding period last year, spends totalled to Rs 63,847.26 crore
 "Credit card spends increase by over 47% in December, shows data")
Taking a sneak peek at new CEA V Anantha Nageswaran's thoughts
Here are his commentaries on a few key issues
 "Taking a sneak peek at new CEA V Anantha Nageswaran's thoughts")
Winter session troubles may hit House again; FM to present Eco Survey today
The Personal Data Protection Bill is eagerly awaited and may come up in the Budget session
 "Winter session troubles may hit House again; FM to present Eco Survey today")
Worsening of debt sustainability indicators may drive fiscal conservatism
A peak level of India's public debt/GDP ratio at 91.7 per cent and worsening of debt sustainability indicators to the 2002 levels may be driving fiscal conservatism, JM Financial said in a report.
 "Worsening of debt sustainability indicators may drive fiscal conservatism")
Exports of marine products jump 35% to $6.1 bn during Apr-Dec 2021
Exports of marine products jumped 35 per cent to $6.1 billion during April-December 2021 as compared with $4.5 billion in the same period of the previous year, the commerce ministry said
 "Exports of marine products jump 35% to $6.1 bn during Apr-Dec 2021")
India's crude steel output grows 18% to 118 MT in 2021, says worldsteel
India's crude steel production rose by nearly 18 per cent to 118 million tonne (MT) in 2021, while world leader China recorded a 3 per cent decline to 1 032.8 MT, according to worldsteel.
 "India's crude steel output grows 18% to 118 MT in 2021, says worldsteel")
No major impact of fresh Covid wave on housing sales: Property consultants
Housing sales are expected to remain strong during this current quarter and there will not be any major impact on demand from the fresh wave of the COVID-19 pandemic, according to industry experts.
 "No major impact of fresh Covid wave on housing sales: Property consultants")
India's Q3 manufacturing outlook improves, cost of doing biz concern: FICCI
The outlook for India's manufacturing sector seems to have improved in the October-December 2021 quarter even as the cost of doing business remains a cause for concern, according to a FICCI survey.
 "India's Q3 manufacturing outlook improves, cost of doing biz concern: FICCI")
Eyes on GDP forecast by pre-budget Economic Survey despite recent misses
The pre-budget Economic Survey, which is tabled in Parliament ahead of the Union Budget to present the state of the economy, quite often misses on the GDP forecast, sometimes by a significant margin.
Govt mandates storage of ISD, satphone, message details, others for 2 yrs
The government has mandated storage of international calls, satellite phone calls, conference calls and messages made over normal networks as well as on the internet for a period of at least two years
 "Govt mandates storage of ISD, satphone, message details, others for 2 yrs")
Here's a tax policy roadmap for India's Net Zero commitment
It's imperative to prepare a strategic roadmap in sync with the 'Panchamrit' goals with very clear and stable tax policies to win the hearts and wallets of potential investors in RE space
 "Here's a tax policy roadmap for India's Net Zero commitment")
India will again be among world's fastest-growing economies: Patra
RBI deputy governor says private consumption and investment remains a work in progress
 "India will again be among world's fastest-growing economies: Patra")