Page 1234 - Economy & Policy News
Bright crop prospects will boost rural demand, says NITI Aayog
The consumer price index (CPI) fell to 4.3 per cent in September 2021, the lowest since April 2021.
 "Bright crop prospects will boost rural demand, says NITI Aayog")
From 2025, all new vehicles sold in India will need to be E20-compliant
E20 is petrol blended with extent to 20% ethanol
 "From 2025, all new vehicles sold in India will need to be E20-compliant")
Latest proposal on WTO subsidies still favours advanced fishing nations
While India is ready to take sustainability measures in fisheries and opposes irrational subsidies and overfishing by many countries, it may not agree to the latest proposal
 "Latest proposal on WTO subsidies still favours advanced fishing nations")
Auction for 5G spectrum likely in April-May 2022: Ashwini Vaishnaw
The Communications Minister's comment assumes significance as the DoT was earlier hopeful of holding 5G auctions by the end of the current fiscal
 "Auction for 5G spectrum likely in April-May 2022: Ashwini Vaishnaw")
ONGC must engage pvt sector to boost domestic output: Oil secy Tarun Kapoor
Wants the energy giant to increase area under exploration; options on the table include selling stake to private players, exploring partnerships
 "ONGC must engage pvt sector to boost domestic output: Oil secy Tarun Kapoor")
Industry may move court against Haryana's 'restrictive' job reservation law
Law mandating 75 per cent reservation of jobs in the private sector for locals will hit small businesses hard.
 "Industry may move court against Haryana's 'restrictive' job reservation law")
How India's 5G rollout could compromise the safety of aircraft in flight
A US FAA bulletin says 5G airwaves could interfere with the functioning of an aircraft's radar altimeter, a critical piece of equipment that measures the height of the plane from the ground below
 "How India's 5G rollout could compromise the safety of aircraft in flight")
India struggles to put out crop waste fires that fuel air pollution
In 2018, Narendra Modi's administration set out to tackle the problem by establishing a fund to help farmers get rid of rice paddy straw
 "India struggles to put out crop waste fires that fuel air pollution")
India's heavy reliance on fossil fuels will remain for some decades to come
Despite attempts to cast India as climate conscious, the country's heavy reliance on fossil fuels will remain for some decades to come
 "India's heavy reliance on fossil fuels will remain for some decades to come")
BSE joins hand with All India MSME Association to promote listing of MSMEs
The two entities will raise awareness among MSMEs for listing on the exchange's SME segment
 "BSE joins hand with All India MSME Association to promote listing of MSMEs")
Customs Dept launches three digital initiatives at ICD Tughlakabad, Delhi
These are: online facility for scheduling examination of import cargo, scanner for non-intrusive examination of unaccompanied baggage, and customs clearance work on Sunday and public holidays
 "Customs Dept launches three digital initiatives at ICD Tughlakabad, Delhi")
Railways to be highly profitable in coming 5-6 years: Ashwini Vaishnaw
Railways will be "highly profitable" in coming 5-6 years with its ongoing transformative initiatives, Railway Minister Ashwini Vaishnaw said on Thursday.
 "Railways to be highly profitable in coming 5-6 years: Ashwini Vaishnaw")
India looking at reciprocal access to foreign mkts through FTAs: Goyal
India is looking at reciprocal and equitable access to foreign markets through FTAs, which the country is negotiating with its trading partners, Commerce and Industry Minister Piyush Goyal said
 "India looking at reciprocal access to foreign mkts through FTAs: Goyal")
Surge in occupancies, earnings triggers flurry of new hotel signings
Hotel chains and developers are busy inking partnership deals and announcing a flurry of new openings.
 "Surge in occupancies, earnings triggers flurry of new hotel signings")
Credit active consumers rise 7% during Feb-Oct this year: Report
According to the report, credit inquiries also jumped 54 per cent during the said period
 "Credit active consumers rise 7% during Feb-Oct this year: Report")
DGCA starts eGCA portal for pilots, engineers, trainers, in tie-up with TCS
With this portal DGCA and TCS will help eGCA to deliver anytime-anywhere regulatory approval digitally
 "DGCA starts eGCA portal for pilots, engineers, trainers, in tie-up with TCS")
Growth to exceed 10% in FY22 on strong agri recovery, says Niti VC
Indian economy is expected to grow by more than 10 per cent in the current fiscal supported by a record kharif crop and bright rabi prospects, Niti Aayog Vice-Chairman Rajiv Kumar has said
 "Growth to exceed 10% in FY22 on strong agri recovery, says Niti VC")
Govt's plans for 20% ethanol blending will cut sugar subsidy: Oil secretary
India's plans to blend 20% ethanol with petrol from April 2023 will help cut sugar export subsidies, Oil Secretary Tarun Kapoor told reporters on Thursday
 "Govt's plans for 20% ethanol blending will cut sugar subsidy: Oil secretary")
India's GDP to rise by $406 bn by 2050 in net-zero scenario: Report
India's GDP will rise by USD 406 billion by 2050 and more than 43 million jobs will be created, as the Asia's third-largest economy leaps towards a net-zero target, according to a report
 "India's GDP to rise by $406 bn by 2050 in net-zero scenario: Report")
CAD seen hitting 1.4% or $45 bn by March as crude soars: Report
India's widening current account deficit is set to put pressure on the fragile recovery, warns a brokerage report that has revised upwards its CAD forecast to $45 billion or 1.4% of GDP by March
 "CAD seen hitting 1.4% or $45 bn by March as crude soars: Report")