Page 1167 - Economy & Policy News

Gauging the impact of Omicron on the country's GDP though the MPC lens

It is widely accepted that the Omicron spread would impact the ongoing quarter but it would be much softer than that of the second wave on the first quarter of the current fiscal

India's imports of palm oils decline by 29.15% in December 2021: SEA

India's imports of palm oils declined by 29.15 per cent to 5.44 lakh tonnes in December 2021, but the rise in shipments of RBD palmolein is threatening the survival of domestic refineries

India, South Korea set $50 billion bilateral trade target before 2030

India and South Korea set a bilateral trade target of $50 billion before 2030, as South Korea's Trade Minister Yeo Han-Koo held talks with India's Piyush Goyal in New Delhi on Tuesday

As many kids die before their 5th birthday in UP as in Afghanistan: Report

Child mortality rates in several Indian states is similar to that of strife-torn countries

Delhi HC Division Bench upholds OMCs' penal guidelines for oil retailers

Minimum wage mandate most contentious for retailers

India can tap new opportunities in chip design, mfg: Rajeev Chandrasekhar

India can tap new opportunities in areas like semiconductor design, electronic systems design and electronics manufacturing services, on top of its core capability over the next 5-7 years

India will lead global growth rates in this decade: N Chandrasekaran

Says the pandemic has not really impacted the long-term growth trajectory of the country

Covid-19 curbs leave restaurant owners across the country high and dry

Most have stalled expansion plans due to uncertainty and are seeking relief to offset the shrunken business; fear they will have to take tough calls like letting go of people

Exports rise 33% to $7.63 billion during Jan 1-7 period: Govt data

The country's exports grew 33.16 per cent to USD 7.63 billion during January 1-7 period on account of healthy performance by various sectors, including engineering, petroleum and gems and jewellery

UPI-like interface for healthcare services may go live this week

United Health Interface is a set of protocols that is going to create a language of health service delivery

Piyush Goyal asks South Korea to axe non-tariff trade barriers

A bilateral talk was held in New Delhi to discuss trade and investment-related issues

India's tariff gap has widened over China over two years on the trot

India's average effectively applied tariff rate across all products is in double-digit territory

WTO Council discusses India call for ministers' virtual meet on Covid-19

DG calls for urgent need for multilateral outcome on IP waiver and other issues

Indian airport bonds drop to 3-month lows on airline cutbacks

Both Vistara and IndiGo have cut capacity in response to a surging caseload and travel restrictions

Govt objects to Singapore's restrictions on meat, eggs import

Singapore claimed that meat, eggs, and their products must be imported from approved sources in accredited countries or regions that meet the Singapore Food Agency's (SFA) standards

India to allow pork imports from US in exchange mango, pomegranate exports

Development comes months after the two govts renewed India US Trade Policy Forum (TPF), and both nations agreed to iron out thorny issues, including market access issues pertaining to farm sector

Fracture of interstate relations India's top risk stemming from Covid: WEF

Climate change tops global risk rankings

World Bank projects India's GDP growth at 8.3% for FY22, 8.7% for FY23

Cuts global growth estimate to 4.1% in 2022 on surge in Covid-19 cases

India flags market access issues in Korea during trade ministers' meet

The issue was raised during the meeting between Commerce and Industry Minister Piyush Goyal and Korean Trade Minister Yeo Han-koo

India appeals against WTO dispute panel ruling on sugar subsidies

The appeal was filed by India in the WTO's Appellate Body