Page 1179 - Economy & Policy News
Industry wants govt to speed up activation of space sector regulator
They said the government should come out with various sectoral policies so that there is clarity for the private players
 "Industry wants govt to speed up activation of space sector regulator")
4 labour codes likely to be implemented by FY23 as states ready draft rules
The four labour codes on wages, social security, industrial relations and occupation safety, health and working conditions are likely to be implemented by the next fiscal year
 "4 labour codes likely to be implemented by FY23 as states ready draft rules")
The five-day office week isn't coming back. WFH is here to stay
Both employees and managers found working from home during the pandemic was positive for performance and well-being, a report by the OECD found.
 "The five-day office week isn't coming back. WFH is here to stay")
Pawan Hans privatisation: Process now moves to concluding stage, says govt
The government has received an undisclosed number of financial bids for sale of its stake in ailing helicopter operator Pawan Hans, moving the divestment process to the last stage.
 "Pawan Hans privatisation: Process now moves to concluding stage, says govt")
Coal studded with rocks and mud is India's new energy headache
Coal that's laced with rubble or other material can damage power plant equipment such as conveyor belts, crushers and even boiler parts if not filtered out.
 "Coal studded with rocks and mud is India's new energy headache")
Rs 80,000 cr investment as 430 bids pour in for city gas licensing round
As much as Rs 80,000 cr investment is envisaged in setting up city gas infrastructure in 61 geographical areas, including Jammu, Nagpur, Pathankot and Madurai.
 "Rs 80,000 cr investment as 430 bids pour in for city gas licensing round")
Growth momentum loses steam in Nov amid demand, supply disruption: ICRA
Rating agency ICRA on Friday said the growth momentum lost steam in November 2021 on the back of "some satiation" of pent-up demand as well as supply chain disruptions
 "Growth momentum loses steam in Nov amid demand, supply disruption: ICRA")
Haryana govt spent over Rs 700 crore on ads for achievements since 2015
The Haryana government has spent over Rs 700 crore on advertisement of its achievements, announcements and functions since 2015.
 "Haryana govt spent over Rs 700 crore on ads for achievements since 2015")
The Telecom Churn: Requests for mobile number portability peak again
Indian mobile consumers have made close to 30 million MNP requests each quarter in the last three, or in other words, close to 90 million requests in the January - September 2021 period
 "The Telecom Churn: Requests for mobile number portability peak again")
IGST on ocean freight can't be imposed on importers, companies tell SC
They pleaded for quashing of a govt petition filed in the apex court against a Gujarat HC ruling that had declared IGST on ocean freight as violative of the Constitution
 "IGST on ocean freight can't be imposed on importers, companies tell SC")
India to revamp century-old telecom laws that bar digital dream
The government is exploring ways to allow companies to merge, expand and operate without multiple bureaucratic approvals so as to avoid subsequent court battles
 "India to revamp century-old telecom laws that bar digital dream")
Too early to celebrate economic recovery in India: Arvind Subramanian
Stock markets reflect the Indian economy less. It would be a kind of policy mistake to infer from this (stock boom) anything about the diverse Indian economy, said Subramanian
 "Too early to celebrate economic recovery in India: Arvind Subramanian")
Road Ministry chalks out Rs 7 trillion infra projects plan over 2-3 years
The investment opportunities are across multiple asset classes such as highways, multimodal logistics parks, wayside amenities, ropeways and warehousing zones
 "Road Ministry chalks out Rs 7 trillion infra projects plan over 2-3 years")
Net direct tax collection jumps 60.8% to Rs 9.5 trillion in FY22 so far
Improvement in mop-up bodes well for achieving govt's fiscal deficit target at 6.8% of FY22 GDP
 "Net direct tax collection jumps 60.8% to Rs 9.5 trillion in FY22 so far")
India, Germany Development Bank sign loan pact for Surat Metro Rail Project
The Government of India and the Germany Development Bank KfW (Kreditanstalt fr Wiederaufbau) on Friday signed a 442.26 million euros loan pact for Surat Metro Rail project.
 "India, Germany Development Bank sign loan pact for Surat Metro Rail Project")
No doubt about economic viability of road projects: Nitin Gadkari
Union Minister Nitin Gadkari on Friday called upon investors to take up road projects as they offer "very high" internal rate of return, ensuring their economic viability.
 "No doubt about economic viability of road projects: Nitin Gadkari")
Advance tax collection rises 54% to Rs 4.6 trn in FY22 so far: FinMin
Direct tax collections for 2021-22, as on Dec 16, show that net collections are at Rs 9.45 trn compared to Rs 5.88 trn over the year-ago period
 "Advance tax collection rises 54% to Rs 4.6 trn in FY22 so far: FinMin")
UP Assembly passes Rs 8,479 cr supplementary budget for FY22
The Opposition parties raised an objection regarding the supplementary budget, terming it as irrelevant
 "UP Assembly passes Rs 8,479 cr supplementary budget for FY22")
Motilal Oswal cuts FY23 growth forecast to 6.3% amid growth 'uncertainty'
The estimate is lower than the market consensus of 7.6 per cent, and the RBI's more optimistic 8-8.5 per cent, Motilal Oswal said
 "Motilal Oswal cuts FY23 growth forecast to 6.3% amid growth 'uncertainty'")
Economic viability of infra projects high in India, says Gadkari
He was speaking at a national conference on investment opportunities in highways, transport and logistics