Page 1188 - Economy & Policy News

Coal demand to peak in India by 2030, will back up renewables: NITI report

IEA study supports trend, says India will lead demand growth for the fuel in the world

Average value of UPI, RuPay transactions below Rs 2000, marking stagnancy

Digital transactions have increased many times, but their average ticket size is not growing for the domestic payments card.

OECD rules to implement 15% tax rate on multinational entities out

Rules prescribe method of calculation of excess profit, top-up tax, effective tax rate, etc

Banks, online merchants race to comply with RBI card data storage norms

New rules for banks, merchants & stakeholders kick in from January 1

PM Narendra Modi meets leading CEOs for FY23 Budget inputs

Prime Minister Narendra Modi on Monday met with chief executives of leading companies across sectors ranging from banking to telecom, to health and electronics, for inputs for the next year's Budget.

Didn't underestimate spending provisions in Budget: FM Sitharaman

Lok Sabha gives assent to additional net spending of Rs 2.99 trn

Centre bans futures trade in seven agri commodities including soy complex

Crude palm oil clocked an average volume of around Rs 200 crore daily on the Multi Commodity Exchange

Traders can import refined palm oil without licence till end of 2022: Govt

It, however, added that the import is not permitted through any port in Kerala

10-year bond yields rise to a 20-month high on rate hike 'signal'

Monday's rise in bond yields was also triggered by the quarter-end selling by mutual funds and other investors, said bond dealers

Govt will focus on reducing compliance burden: PM Modi assures India Inc

This was the second such interaction of the prime minister with industry representatives in the run-up to the next Union Budget

Domestic retail sales in November up 9% over pre-pandemic levels: RAI

Retail sales in India in November grew by 9 per cent over the pre-pandemic levels of the same month in November 2019 signaling improvement in business albeit worries around Omicron variant

More people reporting to work than at any time since March 2020 lockdown

Power generation, rail numbers head higher

India may be heading towards stagflation, says Amit Mitra

Mitra said India is already suffering from rising inflation and unemployment simultaneously

NHLML plans to award 15 multimodal logistics park contracts in 3 years

At least 35 such projects planned across the country with a capital allocation of Rs 50,000 crore, says CEO

Most consumers wary of stricter rules for online card use: Survey

Fear of risks is likely to make 28 per cent of consumers shift to paying cash on delivery, says nationwide study

Asian Development Bank to provide $112 million to set up skill university

Courses offered would include agricultural and food technology, manufacturing and construction, mobility, management and finance, tourism, hospitality and healthcare

'Banks recover Rs 13k cr from asset sale of defaulters like Mallya, Nirav'

FM Sitharaman said this while replying to a discussion on the second batch of Supplementary Demands for Grants which was approved by the Lok Sabha

India's exports going strong, says commerce ministry official

Joint Secretary in the Department of Commerce Amitabh Kumar stressed on increasing India's share in global exports

Bidding for DSF-III round to start on February 1, says DGH

From the previous two bid rounds, 29 field development plans entailing $1.76 billion investment have been submitted

Call centres' response quicker, better this year as demand surges: Study

Ozonetel report analysed 24 million calls made on the company's platform by nearly 61,914 active agents.