Page 1229 - Economy & Policy News

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.

Let foreign firms fetch hyperloop technology for India: Niti Aayog member

Niti Aayog Member VK Saraswat said India should permit foreign companies to set up a line to demonstrate the hyperloop technology for ultra-high-speed travel.

India's coal import rises by 12.6% to 107.34 MT in first half of FY22

India's coal import rose by 12.6 per cent to 107.34 million tonnes in the first six months of 2021-22

'Ads should not mislead youth': PM Modi chairs meeting on cryptocurrencies

The meeting was an outcome of a consultative process between the RBI, finance ministry, and the home ministry

'Youth must not be misled': PM Modi chairs key meet on cryptocurrency

Attempts to mislead youth by over-promising, non-transparent ads on cryptocurrency should stop were discussed at the meet, say sources

PM Modi meets WEF president, highlights India's economic reforms

Modi also highlighted India's efforts towards strengthening the fight against Covid

Economy firing well as India recovers from Covid: Jaishankar at Dubai Expo

India's economy is firing well and the trade figures are in the upward trajectory as the country is recovering from the COVID-19 pandemic, External Affairs Minister S Jaishankar said

Record fuel costs push scooter-loving Indians to opt for electric models

At current prices, even the most fuel-efficient two-wheeler guzzles gasoline worth more than Rs 100 ($1.3) for a 100-km ride