Page 1213 - Economy & Policy News
Commercial LPG cylinders hiked by Rs 100; will cost Rs 2,101
The Centre continues to subsidise freight for domestic LPG deliveries in far-flung areas
 "Commercial LPG cylinders hiked by Rs 100; will cost Rs 2,101")
Indian IT spending to rise 7% to reach $101.8 billion in 2022: Gartner
Indian CIOs are likely to increase spending on projects that drive innovation and modernise legacy systems, Hiring suitable workforce will also be a key priority, says research firm
 "Indian IT spending to rise 7% to reach $101.8 billion in 2022: Gartner")
Strong Indian tech startup ecosystem, ripe for scale-ups: Nasscom report
Analysis of about 100 shortlisted "scale-up" stories in startups indicate a story of growth and focus over the past decade
 "Strong Indian tech startup ecosystem, ripe for scale-ups: Nasscom report")
Repeal of the three farm laws: For FPOs, it's back to square one
The repeal of the three farm laws has erased the small gains that would have accrued
 "Repeal of the three farm laws: For FPOs, it's back to square one")
India's merchandise exports rise 26% in Nov; trade deficit at record $23 bn
Imports in November were at $53.15 bn, an increase of 57.18% over $33.81 bn
 "India's merchandise exports rise 26% in Nov; trade deficit at record $23 bn")
PM-ASHAA and price deficiency payment: Touted at launch, flat in practice
Both were well-intentioned but inadvertently kept several farmers out and in any case had complicated implementation protocols on MSP
 "PM-ASHAA and price deficiency payment: Touted at launch, flat in practice")
Discussing development ideas with states, says NITI Aayog's Rajiv Kumar
"This is a part of our effort at cooperative federalism that we want to visit and engage with all states," Kumar said
 "Discussing development ideas with states, says NITI Aayog's Rajiv Kumar")
Registrations on e-shram portal cross 10-crore mark, shows data
The states with more than 1 lakh registrations are Uttar Pradesh (2.61 lakh), West Bengal (1.08 lakh) and Bihar (1.02 lakh), a ministry statement said
 "Registrations on e-shram portal cross 10-crore mark, shows data")
Railways has incurred losses to tune of Rs 36.87 cr due to protests: Govt
Railways has incurred losses to the tune of Rs 36.87 crore due to the agitations by farmers and other organisations during this year, Railway Minister Ashwini Vaishnaw informed Parliament on Wednesday
 "Railways has incurred losses to tune of Rs 36.87 cr due to protests: Govt")
India-China trade deficit stands at $30 billion during Apr-Sept
Major items of import from China include telecom instruments, computer hardware, fertiliser, electronic components, chemicals and drug intermediates
 "India-China trade deficit stands at $30 billion during Apr-Sept")
Rajasthan bags investment commitments worth about Rs. 78,700 cr
Major investors include Renew Power and JK Lakshmi
 "Rajasthan bags investment commitments worth about Rs. 78,700 cr")
Suspension of fare concessions: Railways' FY21 losses narrow significantly
The Railways has informed Parliament that its losses from fare concessions given to passengers has reduced from Rs 2,059 crore in 2019-2020 to Rs 38 crore in 2020-21
 "Suspension of fare concessions: Railways' FY21 losses narrow significantly")
Top headlines: Int'l flights not from Dec 15; Nov GST mop up at Rs 1.31 trn
Business Standard brings you the top stories on Wednesday
 "Top headlines: Int'l flights not from Dec 15; Nov GST mop up at Rs 1.31 trn")
Cane arrear reaches Rs 4,445 cr in 2020-21 season, maximum in UP: Centre
Cane dues to be paid by sugar mills to farmers stood at Rs 4,445 crore during the 2020-21 season (October-September), with maximum arrears in Uttar Pradesh, Parliament was informed on Wednesday.
 "Cane arrear reaches Rs 4,445 cr in 2020-21 season, maximum in UP: Centre")
Private sector investments yet to gather pace despite finmin optimism
Private sector prefers to be in wait-and-watch to see sustainability of demand and how markets play out as tapering sets in with most central banks
 "Private sector investments yet to gather pace despite finmin optimism")
Emerging markets face a 'double whammy' in 2022, Citi says
Emerging markets will face a "double whammy" in 2022, caught between limited growth and reduced risk appetite as a result of monetary tightening, Citi said
 "Emerging markets face a 'double whammy' in 2022, Citi says")
Global central banks told not to panic in face of inflation spike
OECD said price gains will peak at the turn of the year as demand stabilizes, supply bottlenecks fade and people return to the labor force
 "Global central banks told not to panic in face of inflation spike")
Consumer durables makers revenue seen rising 20% this fiscal
Driven by electrical appliances makers, the Rs 2 lakh-crore consumer durables sector is set to report a robust 20 per cent revenue growth this fiscal after a flattish run last fiscal, says a report.
 "Consumer durables makers revenue seen rising 20% this fiscal")
Palghar stands first in Maha for providing work to tribals under MGNREGS
Palghar district has bagged the first place in Maharashtra for providing employment to tribals under the MGNREGS in 2021-22, an official said on Wednesday.
 "Palghar stands first in Maha for providing work to tribals under MGNREGS")
India's power demand growth slows in November, helping ease coal shortage
The number of plants having supply agreements with Coal India with inventories of three days or less fell to 31, as of Nov. 29, latest data from the federal power ministry shows
 "India's power demand growth slows in November, helping ease coal shortage")