Page 1206 - Economy & Policy News
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.
 "High prices of automobiles likely to persist during next year: 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
 "Country of origin: 200 govt notices issued to e-tailers over norm breach")
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
 "IIP growth dips to eight-month low of 3.2% in Oct as manufacturing drags")
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.
 "Controlling mergers in digital markets a challenge: CCI chief 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.
 "Of 2.8 mn hectares, 58% potential oil palm acreage lies in 5 states: ICAR")
Reserve Bank may rationalise some payment charges, says industry
Others say central bank may relook zero merchant discount rate on RuPay, UPI
 "Reserve Bank may rationalise some payment charges, says industry")
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.
 "Regulators, policymakers should predict innovation-led disruptions: TRAI")
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
 "Indian steel prices won't fall as much as global rates: JSW's Seshagiri Rao")
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
 "Conciliation committees should decide road infra cases in 3 months: Gadkari")
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.
 "Efforts on to turn India into global hub of drone technology, says Scindia")
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
 "Stalin govt to rope in NRI Tamilians in bid to achieve $1-trn economy goal")
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.
 "Industrial production grows 3.2% in October: Govt data")
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
 "Disinvestment of some PSUs a continuous process, says govt in RS")
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.
 "Will do due diligence before resuming providing bedrolls: Railway Minister")
PM-AASHA, price deficiency payment scheme: A fact check on its progress
PDPS is part of the broader bouquet of schemes called Pradhan Mantri Annadata Aay Sanrakshan Abhiyan (PM-AASHA) that was launched in September 2018
 "PM-AASHA, price deficiency payment scheme: A fact check on its progress")
Railways to get Rs 20,000 crore in supplementary demand for grants
After Parliament approves the supplementary demand, the railways' budget will go up by Rs 40,575.93 crore
 "Railways to get Rs 20,000 crore in supplementary demand for grants")
Railway ministry resumes consultation on private train operations
The consultations gained relevance after the Railway Board had to scrap the first bid round due to lacklustre participation
 "Railway ministry resumes consultation on private train operations")
Fitch raises outlook for India auto loans to 'neutral' from 'deteriorating'
Economic recovery supports stable asset performance
 "Fitch raises outlook for India auto loans to 'neutral' from 'deteriorating'")
Telecom dept to deactivate extra SIM of subscribers beyond 9 connections
The order comes from DoT to check incidence of financial crimes, pesky calls, automated calls and fraudulent activities.
Collective progress to ensure sustainable inclusive recovery: FM Sitharaman
The finance minister stressed on the importance of enhanced infrastructure investments for enabling a quick and stable return to the growth path.
 "Collective progress to ensure sustainable inclusive recovery: FM Sitharaman")