Page 1242 - Economy & Policy News

India set to achieve services export goal of $1 trn by 2030: Piyush Goyal

Minister says opening up of domestic legal services will benefit Indian lawyers as they'd have huge opportunities in Europe, Australia and America. But they must be taken on board on this issue

One Sun, many hurdles: Why cross-border flow of green energy won't be easy

Establishing the cross-border flow of green energy under the One Sun declaration will involve many complexities

FM to meet heads of PSBs; nudge them for credit expansion to boost economy

The two-day meeting would commence on November 17 and undertake a comprehensive review of various segments

5G mobiles account for 22% share of India's smartphone shipment: CMR

5G smartphones such devices accounted for 22 per cent market share in the Q3 of 2021, CMR said

Office space leasing falls 4 pc to 25 mn sq ft during Jan-Sep: CBRE

The CBRE said office space leasing dropped across six major cities

States' borrowing cost declines sharply to 6.81% from 7.02%

Market borrowings by the states so far is 16 per cent less than that in the corresponding period of the last fiscal

Govt notifies amended minerals concession rules to ease pricing pressure

New rules provide for sale of 50% of mineral produced from captive leases

Oil PSUs to set up 22,000 EV charging stations in the next 3-5 years

IOC, the country's largest state-controlled refiner by capacity, will set up EV charging facilities at 10,000 fuel outlets over the next three years, Chairman Shrikant Madhav Vaidya said

Dairy industry in India to grow by 9-11% in FY22, says report

The dairy industry is expected to grow by 9-11 per cent in 2021-22, driven by a revival in economic activities, increasing per capita consumption of milk and milk products, according to a report

India to achieve 50% clean energy share before 2030 deadline: Singh

India will easily achieve the target of 50 per cent share of energy from non-fossil fuels and also the 500-gigawatt (GW) renewable energy capacity before the deadline of 2030

Centre proposes model policy to encourage film shoots and promote tourism

Since 2015 the Film Facilitation Officer under NFDC has facilitated 120 film makers from 27 countries to shoot in India

Around 7 bcm of LNG reserves likely to rein in fuel price volatility

Estimate based on similar proportion of reserves in developed countries

Global banks' new decarbonisation initiative at COP26 is a step backwards

It wouldn't make sense to abruptly forbid lending to non-green projects now, since the world needs to avoid hitting hardest banks most involved in carbon-heavy sectors.

Can star-studded Diwali show bring the sparkle back to cinema halls?

Stars are returning to India's big screens. In the past year, streaming platforms like Netflix and Hotstar had become the only avenue for producers. But Diwali releases may be reversing the trend

One bankrupt industry leaves $80 bln hole in India's climate pledge

Without reforming discoms, India will struggle to meet its bold target of raising non-fossil-fuel generation capacity.

Ad revival brings festive cheer in the time of Covid-19 pandemic

Advertisers increase budgets, return to TV and print media

IT industry weighs options as Haryana quota law comes into force in January

In March, when Haryana first proposed the law, industries across the board expressed reservations about it

New plan to tax blockchain ecosystem in the works amid wide adoption of NFT

The push comes in the backdrop of surging investment by Indians in cryptocurrencies

Short-term interest rates rising, loan rates to stay low a while: experts

The low interest rate phase hasn't really helped investors or investment; Covid-19 was actually a supply side shock

Gujarat retains pole position in logistics index: Commerce ministry report

Haryana gains four places to come second in 2021, Punjab sheds one to figure in third compared to 2019