Page 1166 - Economy & Policy News

UK announces launch of free trade agreement negotiations with India

The UK announced the launch of free trade agreement (FTA) negotiations with India, describing it as a "golden opportunity" to put British businesses at the "front of the queue" of the Indian economy.

Piyush Goyal appeals to industry to prepay MSMEs to boost employment

Piyush Goyal asked industry bodies to prepay Medium, Small and Micro Enterprises (MSME) to safeguard their viability and to boost employment and growth.

India is bidding adieu to thermal plants: What happens to coal demand?

While old coal-fired power plants are being phased out, India has not commissioned a new one for some time now. But India's coal demand will still see growth in the short term. What's this paradox?

Health care services offered on flat fee exempt from GST: AAR

The applicant devised a plan for providing health care services for the next 20 years for which a lump-sum amount, say, Rs 10 lakh, will be charged

Govt asks BARC to release news ratings with immediate effect

This comes after over a year of suspension of television news ratings

Factory output decelerates in November, retail inflation spikes in December

Rising pricing pressure in clothing and footwear (8.3%) and fuel group (10.95%) contributed to the rise in retail inflation while food prices rose to 4.05%

Rural Business confidence index touches 63.9 in Oct 21: CRIF Highmark-CII

This signifies high optimism and industry's upbeat mood on the rural economy in India

COAI allays signal blockage fears, says 5G and aviation can safely co-exist

In US, some 50 airports will have temporary buffer zones to ban 5G; step undertaken after representation by industry bodies seeking solutions to prioritise safety and avoid air traffic disruption

S&P lowers Sri Lanka rating to 'CCC' citing greater sovereign default risk

At the same time, the rating agency affirmed 'C' short-term credit rating

Amid third wave of Covid-19, mom & pop stores stock up on essentials

But modern trade in wait-and-watch mode; business as usual for e-commerce players

'Guest worker' conundrum: Kerala is facing its own migrant labour crisis

Inter-state workers account for over a quarter of Kerala's workforce, yet they remain among the most mistreated in this communist-ruled state

Financial immunity gains currency in post-pandemic world: Survey

Post the first year of the pandemic, people are spending less on discretionary items, and they are majorly renewing their health and life insurance policies

Govt only an investor in telcos post conversion of liabilities: Vaishnaw

Debt liabilities will continue to remain with telcos after conversion of interest liabilities into equity, says Telecom Minister

Third wave might shave 10% off mall revenue this fiscal, says report

The impact of new restrictions on malls for the top-eight cities is expected to last only four-five weeks

UBS slashes FY22 GDP forecast to 9.1%; ups projection for FY23 to 8.2%

Swiss brokerage UBS Securities has revised downwards its India's growth forecast for the current financial year to 9.1% from 9.5% earlier

Textiles, apparel exports rise to $29.8 billion during April-December

The country's exports of textiles and apparel, including handicrafts, rose to $29.8 billion during April-December this fiscal as compared to $21.2 billion in the same period last year

Nearly 2 mn tonnes of free foodgrains distributed so far under PMGKAY: Govt

Nearly 20 lakh tonnes of foodgrains have been distributed for free so far to eligible beneficiaries under the fifth phase of Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY).

I&B ministry asks BARC to release news ratings with immediate effect

The Ministry of Information and Broadcasting on Wednesday resumed ratings for news channels.

India has everything to be hub of medical tourism, says PM Modi

Prime Minister said the Pradhan Mantri Ayushman Bharat Infrastructure Mission aims to address the critical gaps in health infrastructure

DERC turns down city discoms' request to relinquish 98 MW power allocation

The power regulator DERC has turned down city discoms' request to allow them to relinquish 98 Mega Watt of power allocation from three generation plants of NTPC, official sources said on Wednesday.