Page 1193 - Economy & Policy News
Market research industry to touch $4.2 bn by FY26, says report
According to the report, the availability of talent, coupled with proven expertise in data handling, technology, infrastructure and cost competitiveness will lead to an orbital shift in the industry
 "Market research industry to touch $4.2 bn by FY26, says report")
Govt may push more reforms in mining sector 'very shortly': Joshi
Coal and Mines Minister Pralhad Joshi on Thursday said the government might come out with some more reforms in the mining sector "very shortly".
 "Govt may push more reforms in mining sector 'very shortly': Joshi")
Power discoms owe gencos more than Rs 1.56 trn: Power minister
The condition of most of the state government-owned distribution companies is a matter of grave concern, says R K Singh
 "Power discoms owe gencos more than Rs 1.56 trn: Power minister")
Bangladesh to import defence items from India under $500-mn LoC
Under this line of credit, several items have been identified and being fast tracked, says Foreign Secretary Harsh Vardhan Shringla
Low stock at plants in Apr-Nov due to high power demand, rains: R K Singh
Due to second wave of the pandemic in April-June, 2021, the production and logistic arrangements were also affected as a huge number of manpower got infected, the minister added
 "Low stock at plants in Apr-Nov due to high power demand, rains: R K Singh")
Amendment in mineral auction rules will encourage more participation: Govt
The amendment rules have been framed after extensive consultations with the states, industry associations, miners, other stakeholders and general public
 "Amendment in mineral auction rules will encourage more participation: Govt")
9% MSMEs closed down due to Covid as of August 2020, says govt
An online survey of 5,774 MSMEs was carried out
 "9% MSMEs closed down due to Covid as of August 2020, says govt")
Diagnostic industry may log 55% revenue growth in FY22, says report
The report by Icra Ratings also expects the prices of diagnostic tests to stabilise at current levels due to focus on volume growth and higher competitive intensity from unorganized players
 "Diagnostic industry may log 55% revenue growth in FY22, says report")
India's Apr-Oct iron ore production at 143 MT; set to surpass FY'20 record
India is all set to surpass the record production of 246 MT achieved in 2019-20, Mines Secretary Alok Tandon said
 "India's Apr-Oct iron ore production at 143 MT; set to surpass FY'20 record")
India's Dec 1-15 gasoil sales rise as industries crank up, data shows
Gasoil sales by the country's state fuel retailers were 2.87 million tonnes during Dec. 1-15, the data compiled by state-owned refiners showed
 "India's Dec 1-15 gasoil sales rise as industries crank up, data shows")
OMCs leave diesel, petrol prices unchanged across metros on Thursday
Diesel and petrol prices in Delhi stood at Rs 86.67 per litre and Rs 95.41 per litre, respectively.
 "OMCs leave diesel, petrol prices unchanged across metros on Thursday")
Mideast share of Nov Indian oil imports at 16-mth high, African grades slip
On the other hand, the share of African oil plunged to a 16-month low of around 9.7%, or about 419,000 bpd, the data showed.
 "Mideast share of Nov Indian oil imports at 16-mth high, African grades slip")
Wedding rush sets record, sends India's gold imports surging to 6-year high
About 2.5 million ceremonies are estimated to have taken place since mid-November, around a quarter of this year's expected annual total.
 "Wedding rush sets record, sends India's gold imports surging to 6-year high")
RBI lower currency limit for pilgrims visiting Kartarpur Gurudwara
The Reserve Bank of India (RBI) on Wednesday permitted Indians as well as Overseas Citizens of India (OCI) cardholders going on pilgrimage to Gurdwara Darbar Sahib in Kartarpur, Pakistan
 "RBI lower currency limit for pilgrims visiting Kartarpur Gurudwara")
Banning of crypto poses challenges: IMF chief economist Gita Gopinath
Gopinath's comments come at a time when the government is looking to bring a Bill on cryptocurrency regulation
 "Banning of crypto poses challenges: IMF chief economist Gita Gopinath")
Pre-budget consultation: Agri experts for MSP based on realistic cost
Ministers of State for Finance Pankaj Chaudhary and Bhagwat Karad held the first pre-Budget consultations with representatives of agriculture and agro processing industry through virtual mode
 "Pre-budget consultation: Agri experts for MSP based on realistic cost")
Govt may not take up cryptocurrency Bill in ongoing Parliament session
The government had listed the Cryptocurrency and Regulation of Official Digital Currency Bill 2021 for tabling and passage in this session
 "Govt may not take up cryptocurrency Bill in ongoing Parliament session")
Renewable energy projects bear the brunt of discoms' financial woes
The dues of RE power generators have increased by close to 40 per cent since January, the highest among all categories of gencos
 "Renewable energy projects bear the brunt of discoms' financial woes")
India's sugar exports in a sweet spot despite WTO subsidy ruling
Brazil's low crop will continue to make India one of the major suppliers of the sweetener
 "India's sugar exports in a sweet spot despite WTO subsidy ruling")
Govt's Rs 76,000-cr plan to woo chip makers, create semiconductor ecosystem
Domestic fabless players to get support via design-linked incentive
 "Govt's Rs 76,000-cr plan to woo chip makers, create semiconductor ecosystem")