Page 1211 - Economy & Policy News

India's defence exports in past 7 years have crossed Rs 38,000 cr: Rajnath

'We have an estimated Rs 85,000 crore industry of aerospace and defence. The contribution of the private sector in this has increased to Rs 18,000 crore,' says Defence Minister

Goa CM launches Electricity Mobility Promotion Policy to promote e-vehicles

The policy's main objective to launch the policy is to promote use of battery-driven vehicles and create jobs for the people of the state, Sawant said

Cases should be taken to logical conclusion expeditiously: FM to DRI

Finance Minister said logical conclusion is important but speedier conclusion is what will keep the heat on people who are promoting these kinds of activities

Fintech helping tackle black money, low tax-GDP ratio: Rajeev Chandrasekhar

In a jibe that seemed to be directed at China, the Union minister said that India is boosting its digital economy and entrepreneurs at a time when some countries are demolishing their start-ups

MeitY proposes national blockchain strategy for adoption across sectors

Suggesting a multi-institutional model for architecting the NBF, MeitY has said organisations must be identified along with their roles and responsibilities.

Third round of India-UAE free-trade pact talks in Delhi from Dec 6-10

Under a free-trade agreement, two trading partners reduce or eliminate customs duties on the maximum number of goods traded between them

Rs 375 cr pending for reprocessing under PM-KISAN since 2019: Govt

Tomar said the cumulative number of failed transactions of PM-KISAN were at 69,02,227 from February 1, 2019, till November 30 of this year

PMI: Services activity expands in November but records slight dip

Ahead of MPC meet, data shows input price pressures rise

Global effort needed to regulate tech like cryptocurrency: FM Sitharaman

India's government has listed a Bill for Parliament's winter session, seeking to ban all private cryptocurrencies.

Need to convert Fintech initiatives into Fintech revolution: PM Modi

Prime Minister Narendra Modi underlined the need for converting Fintech initiatives into Fintech revolution to provide a low-cost and reliable payment system to the masses

Govt seeks Parliament's approval to spend Rs 3.74 trillion more

The government needs Rs 49,805.25 for food storage schemes and warehousing

Hiring activity grew by 26% YoY in November: Naukri.com jobs index

According to data from Naukri, continuous growth of the IT-Software and BFSI sectors have enabled metro cities to outperform their tier-II counterparts

70% dip in AC travel among railway passengers in 2020-21 due to Covid: Govt

The number of passengers travelling in air-conditioned coaches reduced by more than 70 per cent in 2020-21 due to the coronavirus pandemic, Railway Minister Ashwini Vaishnaw said

Govt has Rs 100 cr budget for chip design programmes this fiscal: Vaishnaw

Vaishnaw informed the Rajya Sabha in a written reply that semiconductor design is a highly knowledge-intensive field and needs exceptionally skilled manpower and tools

Top headlines: Karnataka issues new Covid curbs; Ambani endorses blockchain

Business Standard brings you the top stories on Friday

Here's how India's gig economy and its $5-trn goal by 2025 are connected

By upgrading or augmenting skills, equipping modern tools for better efficiency, people at gig jobs can earn more, some becoming even micro-entrepreneurs

Restoration of concessions not found feasible at present: Railway Minister

The Railways has informed Parliament that at present, it did not find it feasible to restore concessions on rail tickets that have been suspended since the pandemic.

FDI in food processing sector down 54% to Rs 2,934 crore last fiscal

Foreign direct investment (FDI) in food processing sector declined 54 per cent to Rs 2,934.12 crore in 2020-21 as compared to the previous year, the government said on Friday.

Govt seeks Parliament nod for Rs 3.73 trn additional spending this fiscal

Govt seeks Par nod for Rs 62k cr infusion into the company that holds residual assets and liabilities of Air India after its privatisation as part of extra spending

Quitting without serving notice period? You may have to pay GST on salary

Employees liable to pay GST on salaries received in lieu of notice period, says an Advance Authority of Advance ruling