Page 1168 - Economy & Policy News

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

Retail edible oil prices show declining trend from Oct 2021: Govt

The Centre on Tuesday said retail prices of edible oils across the country are ruling higher than a year-ago period in line with the global market

High WPI inflation 'blessing in disguise' for toll road projects: Icra

Rating agency Icra said high Wholesale Price Index inflation is a blessing in disguise for toll road projects as toll collections are set to witness 14-15% growth in 2022-23

Bengal govt matches power tariff in industrial parks with DVC rate

All state government industrial parks will get the benefit

India's fuel consumption shows almost no growth in December 2021

India's fuel consumption showed flattish growth in December 2021 ahead of fresh restrictions kicking in to control the surge of a new variant of coronavirus that is likely to further dampen demand

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

India flagged market access issues being faced by domestic players from several sectors such as steel, engineering, and agri products in Korea

EAM S Jaishankar speaks with counterparts from Poland and Portugal

External Affairs Minister S Jaishankar on Tuesday spoke to his counterparts from Poland and Portugal, focusing on ways to expand overall bilateral cooperation.

Govt secures USDA approval for export of Indian mangoes to America

India has secured approval of the United States Department of Agriculture (USDA) for the export of domestic mangoes to America in the new season, the commerce ministry said on Tuesday

India's sugar exports slow as global prices correct, rupee firms

Mills pause after signing deals to export 4 mn tonnes of sugar; diversion of sugar for ethanol reduces stockpiles, say dealers

Retail sales rose 7% in Dec compared to same period in 2019: RAI

Retail sales in December grew by 7 per cent over the pre-pandemic levels of the same period in 2019 but the pace dropped towards the last week of the month under review due to the third COVID wave

Policy should be pro-innovation, light touch, says NITI Aayog CEO

NITI Aayog CEO Amitabh Kant on Tuesday said the country's policies need to be pro-innovation, light touch and progressive, as also they should be benchmarked against the world's best.

NABARD pegs Odisha's credit potential for 2022-23 at Rs 1.34 trillion

The National Bank for Agriculture and Rural Development (NABARD) has projected Odisha's credit potential for the financial year 2022-23 at Rs 1,34,665 crore, officials said here on Tuesday.

Rice exporters seek extension of interest subsidy scheme to boost shipments

Rice exporters on Tuesday sought an extension of the interest subsidy scheme, which ended last year, from the government as it will help in further boosting the outbound shipments of the commodity.

Covid didn't impact India's long-term growth trajectory: N Chandrasekaran

In this decade, India will lead the global growth rates, said Tata group Chairman N Chandrasekaran

Indian economy to see 9.5% growth this fiscal: Ex-chief economic adviser

The Indian economy is likely to register a growth of 9.5 per cent in this financial year, former chief economic adviser Arvind Virmani said on Tuesday.

India and South Korea to discuss bilateral trade-related issues

India's Commerce and Industry Minister Piyush Goyal and South Korea's Trade Minister Han-koo Yeo will hold a meeting on Tuesday to discuss bilateral trade-related issues.

Annual Economic Survey explained

Before the Union Budget, the govt releases the Economic Survey. It is an annual document that offers a peek into India's economic development over the previous fiscal year. This report explains more

Govt's paddy procurement touches 53.28 mt so far in 2021-22 season

The paddy marketing season normally begins from October and runs through September

India, South Korea to discuss market access issues on Tuesday

Exports did not witness a massive jump, despite a free trade agreement between both nations