Page 1202 - Economy & Policy News

PM Modi to address bank deposit insurance programme today

Prime Minister Narendra Modi will address the function on 'Depositors First

IIP continued to recover in Oct; Omicron impact to be less severe: FinMin

Department of Economic Affairs asserts that economic recovery to gain further momentum remaining two quarters of FY22

Over 50,000 MSMEs in Coimbatore to down shutters on December 20

Over 50,000 MSMEs in the district would participate in the one-day closure of industries on December 20 to draw the attention of the Centre on issues, including skyrocketing price of raw materials.

'Edible oil prices down Rs 8-10 per kg in last 30 days; may fall further'

Edible oil prices declined by Rs 8-10 per kg in last one month mainly on the back of lower import duties and may fall by Rs 3-4 per kg in coming months

Odisha extends additional rice distribution for 4 months till 2022 March

Odisha has extended distribution of additional 5 kg of rice per head free of cost to beneficiaries of the State Food Security Scheme for four more months

Food service industry expected to grow by 9% CAGR over FY20-25E: MOFSL

The Indian food service industry (FSI) is expected to grow by nine per cent CAGR over FY20-25E, said Motilal Oswal Financial Services

High prices of automobiles likely to persist during next year: Report

High prices of automobiles are likely to persist at elevated levels even during 2022, said Grant Thornton Bharat in a report.

Country of origin: 200 govt notices issued to e-tailers over norm breach

This has been done to facilitate the consumer in taking an informed and conscious decision based on the country of origin of the product

IIP growth dips to eight-month low of 3.2% in Oct as manufacturing drags

The index had risen 4.5 per cent in October last year against 1 per cent in the previous month

Controlling mergers in digital markets a challenge: CCI chief Ashok Gupta

'Merger reviews in technology markets need to be guided by case-specific economic evidence,' says Ashok Gupta.

Of 2.8 mn hectares, 58% potential oil palm acreage lies in 5 states: ICAR

According to officials, the new mission plans to raise oil palm cultivation to one million hectares by 2025-26 and 1.7-1.8 million hectares by 2029-30.

Reserve Bank may rationalise some payment charges, says industry

Others say central bank may relook zero merchant discount rate on RuPay, UPI

Regulators, policymakers should predict innovation-led disruptions: TRAI

Regulators and policymakers should proactively follow technological developments, predict innovation-led disruptions and manage them effectively and constructively, at a day and age where new generation of mobile communication will be seen in less than 10 years, TRAI Chairman PD Vaghela said on Friday.

Indian steel prices won't fall as much as global rates: JSW's Seshagiri Rao

JSW Steel MD and group CFO Seshagiri Rao said Indian steel prices were at a discount to international prices during the rally and therefore the correction will not be as steep

Conciliation committees should decide road infra cases in 3 months: Gadkari

Gadkari further said there is a need to reduce delay in the decision making process

Efforts on to turn India into global hub of drone technology, says Scindia

Union Civil Aviation Minister Jyotiraditya Scindia on Friday said rapid efforts are on to turn India into a global hub of drone technology.

Stalin govt to rope in NRI Tamilians in bid to achieve $1-trn economy goal

List of globally known Tamil-origin people includes Google's Sunder Pichai, former Pepsico chief Indra Nooyi and Novartis CEO Vasant Narasimhan

Industrial production grows 3.2% in October: Govt data

India's industrial production rose 3.2 per cent in October, according to official data released on Friday.

Disinvestment of some PSUs a continuous process, says govt in RS

Replying to supplementaries during the Question Hour, Railways Minister Ashwini Vaishnaw said the process of CONCOR disinvestment started during the Congress regime in 1994-95

Will do due diligence before resuming providing bedrolls: Railway Minister

The railways had last month restored some of its services that it had suspended in the wake of the coronavirus crisis.