Page 1191 - Economy & Policy News
India's Nov oilmeal exports down 51% due to sluggish soybean export: SEA
The country's oilmeal exports declined by 51 per cent to 1.62 lakh tonne in November of this year due to sluggish export of soybean meal, industry body SEA said on Friday.
 "India's Nov oilmeal exports down 51% due to sluggish soybean export: SEA")
World coal power demand to hit new high after China, India, US surge: IEA
Rising consumption in China, India and the United States could bring global coal-fired power demand to a new all-time high this year, the International Energy Agency (IEA) said on Friday.
 "World coal power demand to hit new high after China, India, US surge: IEA")
Bloomberg poll raises India's GDP growth forecast amid fewer Covid curbs
Gross domestic product will likely expand 9.4% this fiscal, according to the median estimates of the latest survey.
 "Bloomberg poll raises India's GDP growth forecast amid fewer Covid curbs")
India's cyber spending isn't catching up amid rise in security breaches
In 2020-21, the initial budget for cybersecurity was Rs 310 crore but was pared down to Rs 170 crore in the revised estimates
 "India's cyber spending isn't catching up amid rise in security breaches")
India's largest lender SBI increases benchmark lending rate by 0.1%
State Bank of India (SBI) has increased benchmark lending rate or base rate by 0.1 per cent, a move that may be followed by other lenders.
 "India's largest lender SBI increases benchmark lending rate by 0.1%")
OMCs keep diesel, petrol prices steady across major Indian cities on Friday
Oil marketing companies have kept the prices of diesel and petrol unchanged across major Indian cities on Friday.
 "OMCs keep diesel, petrol prices steady across major Indian cities on Friday")
FM to hold pre-budget consultations with representatives of various sectors
Sitharaman will chair pre-budget consultations with stakeholders from various sectors in two sessions in the national capital on Friday.
 "FM to hold pre-budget consultations with representatives of various sectors")
Follow prudential norms when lending to discoms: Power Secy tells SBI
Power Secretary Alok Kumar says overall debt of the discoms at the end of FY20 was Rs 5.14 trillion, against a turnover of Rs 7.28 trillion
 "Follow prudential norms when lending to discoms: Power Secy tells SBI")
What has been the trend in CPSE closures? Here's what data shows
Total number of CPSEs has not been trending down
 "What has been the trend in CPSE closures? Here's what data shows")
Private sector invests Rs 15,164 cr in roads till November this fiscal
Road Transport and Highways Minister Nitin Gadkari said private sector investment in road construction in 2020-21 and 2019-20 was Rs 12,475.53 crore and Rs 21,925.98 crore, respectively
 "Private sector invests Rs 15,164 cr in roads till November this fiscal")
Delhi HC stops coercive action by ED against firms under liquidation in IBC
In a detailed ruling on interplay between IBC and PMLA, the court allowed a writ petition by a liquidator to proceed with the liquidation process of a corporate debtor
 "Delhi HC stops coercive action by ED against firms under liquidation in IBC")
FY23 Budget: Persist with thrust on infra, India Inc tells FM Sitharaman
FM to meet economists on December 22 for pre-Budget consultations
 "FY23 Budget: Persist with thrust on infra, India Inc tells FM Sitharaman")
India's nuclear power capacity to be hiked to 22,480 MW by 2031: Govt
Minister of State in the Department of Space and Department of Atomic Energy Jitendra Singh said the present installed nuclear power capacity in the country is 6,780 MW
 "India's nuclear power capacity to be hiked to 22,480 MW by 2031: Govt")
EV market to see investment of Rs 94,000 cr in next 5 years: Report
The report 'Electric Mobility in Full Gear' mentioned that the electric vehicle (EV) industry in India is currently at a nascent stage but it is likely to grow
 "EV market to see investment of Rs 94,000 cr in next 5 years: Report")
Govt rolls back proposals in draft power Bill, drops subsidy abolition
First made public in April 2020, the Bill is yet to get the Union Cabinet's approval
 "Govt rolls back proposals in draft power Bill, drops subsidy abolition")
12 recommendations made by Parl panel in report on Personal Data Protection
Platforms as publishers; covering personal, non-personal data suggested
 "12 recommendations made by Parl panel in report on Personal Data Protection")
A third of women married in India in 2018 were 18-20 years old, shows data
West Bengal, Rajasthan and Bihar were worst in terms of women marrying at an early age
 "A third of women married in India in 2018 were 18-20 years old, shows data")
On the fast track: Govt plans to complete 5G auctions in July
The industry estimates that by the end of 2022, when India's roll out will start, this number might hit close to 250-300 operators
 "On the fast track: Govt plans to complete 5G auctions in July")
Commerce ministry likely to soften stance on 21st century issues at WTO
The commerce secretary said including 21st century issues in bilateral deals would bring both opportunities and challenges for Indian industry
 "Commerce ministry likely to soften stance on 21st century issues at WTO")
Artificial Intelligence shaping India's economy, says Jitendra Singh
Union minister Jitendra Singh said on Thursday artificial intelligence is shaping India's present and future economy and the country has started seeing its impact across sectors
 "Artificial Intelligence shaping India's economy, says Jitendra Singh")