Page 1199 - Economy & Policy News

India's merchandise exports to grow 51% in April-Dec 2021 period: Exim Bank

Shipment value to reach $303.98 billion, of which non-oil exports are estimated at $258.78 billion; up 41% YoY

Fuel prices remain unchanged on Monday; petrol at Rs 109.98 in Mumbai

Oil marketing companies on Monday kept the prices of diesel and petrol unchanged across major Indian cities.

Modi govt planning surge in fertiliser plants for second green revolution

The spectacular success of attaining self-reliance in food grain production and nutrition in the country has been achieved through a combination of factors

Centre to brainstorm on reducing compliance burden of citizens, businesses

To improve 'Ease of Living' and 'Ease of doing business, the Centre has decided to further reduce the compliance burden on businesses and citizens, the Ministry of Commerce and Industry informed

Statsguru: 7 charts show economic growth of northeast India in past few yrs

Though there was numerical improvement in the situation in terms of violence, economic challenges continue to ail the sunrise states of India

GST Council likely to meet early Jan, may discuss rate rationalisation

At the 45th GST Council Meeting in Lucknow on September 17, the Council had decided to rectify the inverted duty structure for footwear and textiles

Primary aluminium players seek import duty hike on premium products to 10%

Hindalco Industries and Anil Agarwal-led Vedanta Limited are private aluminium producers in the domestic market.

MFIs want Rs 3 lakh as loan cut-off to widen scope of eligible borrowers

If the RBI agrees to this suggestion, 50 million MFI customers will join the current net of 60 million and an outstanding portfolio of Rs 2.45 trillion

Rice prices fall to 5-year low over weak rupee allow exporters to cut rates

Top exporter India's 5 percent broken parboiled variety was quoted at $351-$356 per tonne, down from $353-$358 last week

ONGC seeks minimum $4 for CBM gas, $3.5 for gas in North East

India's top oil and gas producer ONGC is seeking a minimum price of USD 3.5-4 for the natural gas it plans to produce from coal seams in Jharkhand and a field in Tripura.

No runaway decline in rupee's value, may recover by March: Experts

The rupee closed at 75.78 to a dollar on Friday, an 18-month low

After papad, cheese balls another food item to trigger GST dispute

The petitioner, Savencia Fromage & Dairy Pvt Ltd, argued for its inclusion under cheese which attracts a 12 per cent rate of GST

Telangana CM writes to PM, seeks four coal blocks out of central auction

Rao asked Modi to intervene on the issue and direct the coal ministry to allocate the blocks to SCCL under Section 11 (A)

Centre was sensitive to fiscal deficit: Garg on CAG's bank recap concerns

Funds for these investments were raised by the government through the issue of non-transferable special securities to the same PSBs.

Depositors should be careful while chasing high returns, says RBI Governor

He also said that RBI remains committed to ensuring that the banking system remains robust and resilient

Real estate demand at pre-Covid levels, outlook remains positive: Analysts

Analysts say the trend is expected to continue during the upcoming year

Less govt interference will make startup ecosystem grow: Piyush Goyal

The Minister of Commerce and Industry was addressing a gathering during a visit to the Science and Technology Park at the Savitribai Phule Pune University (SPPU)

PM to virtually address meet on agro food processing before Gujarat summit

Prime Minister Narendra Modi will virtually address an agro and food processing summit in Gujarat on its concluding day on December 16.

NHB seeking agency for data on unsold properties across 50 cities

NHB has floated a request for proposal (RFP) for the engagement of an external agency to source the data

Bank deposit insurance cover upped to Rs 5 lakh, refund in 90 days: Goyal

The amount has to be refunded to the depositor within 90 days