Page 1170 - Economy & Policy News
Demand for office space segment to rise 15-20% YoY in 2022: Colliers
Demand for office space segment is expected to rise 15-20 per cent year-on-year in 2022 as there is a great appetite in this segment, global real-estate consultancy firm Colliers said on Monday.
 "Demand for office space segment to rise 15-20% YoY in 2022: Colliers")
Citigroup, ICICI lower growth projections for India as Covid cases surge
Daily new cases of coronavirus in the country have gone up from about 6,500 two weeks ago to more than 170,000 now.
 "Citigroup, ICICI lower growth projections for India as Covid cases surge")
Total employment in 9 select sectors rises to 3.10 cr in July-Sep 2021
Total employment generated by nine select sectors stood at 3.10 crore in the July-September 2021 quarter, which is 2 lakh more than that of the April-June period
 "Total employment in 9 select sectors rises to 3.10 cr in July-Sep 2021")
Inflation likely accelerated to a six-month high in Dec: Reuters poll
The January 4-7 survey of 41 economists showed Indian retail inflation rose to 5.80% last month from 4.91% in November.
 "Inflation likely accelerated to a six-month high in Dec: Reuters poll")
What is the current state of Indian economy?
With the worst most likely behind it, the bruised Indian economy looks poised to regain its vitality. We look at the current state of the Indian economy and how some key sectors are performing
 "What is the current state of Indian economy?")
Statsguru: Omicron's impact on India's booming exports to be watched
Some large segments like engineering and electronic goods are barely above 2019 levels
 "Statsguru: Omicron's impact on India's booming exports to be watched")
Explained: Why economically weaker section could become a taxing issue
The Centre's three-member committee has recommended incorporating tax database to determine the income status of beneficiaries
 "Explained: Why economically weaker section could become a taxing issue")
Consumer durables prices to go up 5-10% amid rising input costs
Prices of air conditioners and refrigerators have shot up in the new year as consumer durables makers pass on the impact of rising raw material costs and higher freight charges to customers
 "Consumer durables prices to go up 5-10% amid rising input costs")
UP to impound Bajaj Hindusthan's Rs 1,000 crore to pay sugarcane farmers
Bajaj Hindusthan's power utility dues to be diverted to farmers
 "UP to impound Bajaj Hindusthan's Rs 1,000 crore to pay sugarcane farmers")
Discoms' outstanding dues to gencos rise 4.4% to Rs 121,030 cr in January
Total outstanding dues owed by electricity distribution companies (discoms) to power producers rose 4.4 per cent year-on-year to Rs 1,21,030 crore in January 2022.
 "Discoms' outstanding dues to gencos rise 4.4% to Rs 121,030 cr in January")
Businesses to be given 'reasonable time' to explain mismatch in GSTR-1, 3B
Tax officers will give reasonable time to erring business to explain reasons for mismatch in turnover reported in sales return GSTR-1 and tax payment form 3B
 "Businesses to be given 'reasonable time' to explain mismatch in GSTR-1, 3B")
CSB Bank eyes new highs as CEO CVR Rajendran retires on health grounds
Those close to the operations of the bank indicate it was Rajendran's efforts that transformed it from an old private sector bank to a new-generation one
 "CSB Bank eyes new highs as CEO CVR Rajendran retires on health grounds")
Spend on expensive art works, gold all set to surge amid pent-up demand
Indians are projected to spend 75 per cent more on valuables at Rs 2.95 trillion during FY22
 "Spend on expensive art works, gold all set to surge amid pent-up demand")
Gross fixed capital formation: Advance estimates hopeful, say analysts
Most of capex brunt being borne by Centre, say analysts
 "Gross fixed capital formation: Advance estimates hopeful, say analysts")
Insurance cover likely for traders under national retail trade policy
Proposed national retail trade policy to support kirana stores
 "Insurance cover likely for traders under national retail trade policy")
Covid-19 pandemic fuels a global crisis in employment, shows data
Microsoft estimates that global unemployment may have exceeded a quarter of a billion people by the end of 2020
 "Covid-19 pandemic fuels a global crisis in employment, shows data")
UK trade minister Trevelyan to launch FTA talks in Delhi next week
The Department for International Trade (DIT) said the schedule for the two-day visit to India will include bilateral talks between Trevelyan and Commerce and Industry Minister Piyush Goyal on Thursday
 "UK trade minister Trevelyan to launch FTA talks in Delhi next week")
ICAI seeks waiver of penalty till March 31 for filing tax audit reports
The last date for furnishing report of audit under any provision of the Income Tax Act for AY 2021-22 is January 15
 "ICAI seeks waiver of penalty till March 31 for filing tax audit reports")
Exports from STPI units seen at over Rs 5 trn in FY22 despite Omicron wave
The surge in Covid-19 cases driven by Omicron variant is not expected to disrupt the performance of units registered under the STPI scheme with proven remote working protocols already in place
 "Exports from STPI units seen at over Rs 5 trn in FY22 despite Omicron wave")
FPIs turn net buyers of equities in Jan so far; invest Rs 3,202 cr
After three months of selling spree, foreign investors have turned net buyers in the first week of January by infusing Rs 3,202 crore in Indian equities
 "FPIs turn net buyers of equities in Jan so far; invest Rs 3,202 cr")