Page 1227 - Economy & Policy News

Centre's tax devolution to states doubled to Rs 95K cr in November: FM

Move to help capex, perk up growth, says FM Nirmala Sitharaman

Recovery tracker: Power generation, freight numbers up post-Diwali

Traffic congestion also saw an uptick compared to the previous week

NHAI to continue awarding road projects this fiscal, HAM dominates: Crisil

The Hybrid Annuity Model is expected to account for half of the projects

Airfares rise 30-100% against pre-pandemic levels: Thomas Cook

The domestic air passenger traffic increased around 67 per cent year-on-year in October

Air India sale, Tatas' EV arm keep deal street busy with $9.2 bn fund flows

In October, 61 mergers and acquisitions worth $3.3 billion were announced

Domestic steel demand expected to reach 160-MT mark by FY25: Minister

The domestic steel consumption is expected to touch the 160-million tonne mark by the financial year 2024-25, Union Steel Minister Ram Chandra Prasad Singh said on Monday

India's Oct WPI accelerates to 5-month high of 12.54% from 10.66% in Sep

Fuel and power prices rose 37.18% in October year-on-year compared with 24.81% in September, while manufactured product prices rose 12.04% compared with 11.41% in previous month

Online shopping by Indian gated communities to hit $500 bn by 2026

As online shopping explodes in India with an increase in smartphone the total online consumption by the gated communities in India will increase by 2.5 times new report showed on Monday.

Statsguru: Six charts explain declining diesel consumption in India

With available data, commercial vehicles, most of which run on diesel, are the top users

PLI funding for solar manufacturing to be raised to Rs 24,000 cr: Minister

The government will soon enhance the funding under PLI scheme for the domestic solar cells and module manufacturing to Rs 24,000 crore

Taxpayers can access new annual IT info statement on e-filing portal

The Income Tax department on Sunday said taxpayers can now access the new Annual Information Statement (AIS), which includes information on the e-filing portal.

Centre plans to give some strategic disinvestment powers to DPE

DPE may be entrusted with seeking approvals from cabinet for strategic disinvestment

Haryana's new job quota law may adversely hit small industries

The Haryana govt's amendment of its draft Bill to reserve 75% of private jobs for locals has allayed concerns of private sector giants in Gurugram. But what will be the impact on smaller industries?

Tenure of ED, CBI chiefs extended to up to 5 years through Ordinances

Both Ordinances have been signed by President Ram Nath Kovind

US policy normalisation to impact risk assets: Nippon India MF's Tripathi

Fed policy action will have a bearing on risk assets and global liquidity, says Amit Tripathi

Indian economy to grow at double-digits this fiscal: CEA Subramanian

Indian economy is expected to see a double-digit growth in 2021-22 and between 6.5-7 per cent in the next financial year, outgoing chief economic advisor K V Subramanian said on Sunday.

Railways' reservation system to be shut down for 6 hrs from Nov 14 to 21

The Railways' Passenger Reservation System will shut down for six hours during the lean business hours of night for the next seven days, as part efforts to normalise, revert back to pre-covid times.

Digital divide still a challenge in remote teaching, learning: Experts

Over one-and-a-half years since the Covid pandemic broke out in India, the digital divide continues to pose challenges in remote teaching and learning, according to experts.

Hybrid work model to stay with tweaks even as pandemic eases: Experts

The hybrid model means employees work partly on-site or in the office and partly remotely depending upon work requirement and productivity

Govt plans progressive steps for digital currencies in India: Report

India will engage with experts and other stakeholders on the evolving technology after Prime Minister Narendra Modi holds review meeting, says Bloomberg.