Page 1198 - Economy & Policy News

PM Modi to address farmers on natural farming on December 16

Efforts are underway to promote and support initiatives leading to sustainability of the system, cost reduction, market access and better value realization to farmers

Top headlines: PCA framework for NBFCs; Nov WPI inflation spikes to 14.23%

Business Standard brings you the top headlines on Tuesday

India's exports likely to touch record $400 bn this fiscal: Goyal

Goyal suggested focusing on six areas to build a sustainable, inclusive and resilient ecosystem to further promote partnership with other countries

FM to hold pre-Budget consultations with stakeholders beginning Wed

She will be seeking inputs from various stakeholders, including industry bodies, farmer organisations and economists for reviving consumption and boosting growth hit by the COVID-19 pandemic

WPI-based inflation hits 12-year high of 14.2% in Nov on dearer fuel, food

November's figure was up from 12.54% the previous month, as fuel and power prices rose 39.81% on the year versus 37.18% in October.

Indian corporate hiring outlook in Jan-March strongest in 8 years: Survey

Indian employers have robust hiring intentions for the next three months, with 49 per cent of companies planning to add more staff in the January-March quarter, a survey said

Indian economy rapidly recovering from pandemic-induced downturn: Shringla

Shringla also said India's trade figures are promising and that the total foreign direct investment the country received in the current financial year stood at $81.72 billion, the highest ever.

Employment outlook at a record high of 8 yrs as employers show optimism

Employers continue to show optimism for the second consecutive quarter according to the latest ManpowerGroup Employment Outlook Survey of 3020 employers.

What does the industry expect from upcoming GST council meet?

The Centre is likely to convene GST Council meeting next month. On the agenda will be a rationalisation of taxes and inverted duty structure for certain goods. Find out what to expect from the meeting

Centre plans to distribute 37.5 mt of fortified rice by March 2024

Fortified rice with essential nutrients was started on a pilot basis for three years in 2019-20

Central govt's push to phase out kerosene still a 'work in progress'

For now, most states still seek kerosene allocations

Privatisation of public sector units to drive divestment receipts: MoS

Finance ministry says scope for minority stake sale has declined

Oil producers artificially adjusting supply leading to price rise: Govt

India last month agreed to release five million barrels of crude oil from its Strategic Petroleum Reserves

Recovery tracker: Attendance at workplace rises to pre-Covid levels

Power generation also moves higher than the previous week

Have to make telecom spectrum 'affordable', says Ashwini Vaishnaw

Listing out various challenges faced by nations across the world, the minister also drew attention to the impact of 'Big Tech' on democracies and societies

Farm Act aftermath: Kant says Centre bent on more reforms across sectors

Says basic philosophy of this govt is that wealth is created by private sector so things must be made easy for them; govt must act as a facilitator and catalyst

India to produce 5 billion Covid vaccine doses next year: Piyush Goyal

Goyal said India was ready to export as many doses as partner nations require

India's retail inflation rises to three-month high of 4.9% in November

Remains within RBI's target range for fifth month

Unique charter: Will NaBFID remain a 100% government-owned entity?

Its responsibilities and privileges will make it difficult for the government to reduce its 100% shareholding

India's retail inflation inches up to three-month high of 4.91% in Nov

Overall, inflation in the food basket was 1.87% in November compared to 0.85% a month earlier. However, it was significantly down from 9.5% in November 2020