Page 1244 - Economy & Policy News

Menace of predatory, cloned journals more rampant in post-pandemic world

Among the highest number of victims from South Asian countries, particularly India, say academicians

New climate target poses upside risks to renewable growth outlook: Fitch

At the 2021 Climate Change Conference, also known as COP26, Modi outlined a net zero emissions target by 2070 for India

USTR Tai, Goyal to take 'comprehensive look' at bilateral trade ties

A virtual meeting between Tai and Goyal took place on Wednesday, ahead of Tai's two-day visit to India from November 22

PM Modi's move to cut excise on fuel brings big relief to public: Amit Shah

The Union home minister on Thursday lauded Modi's decision regarding the excise duty on fuel

States add further Diwali cheer, cut VAT on fuel to provide bigger relief

The Centre on Wednesday announced that excise duty will be reduced by Rs 5 for petrol and Rs 10 for diesel from November 4

Excise cut on petrol, diesel to cost government Rs 45,000 crore: Nomura

A cut in excise duty on petrol and diesel and the ensuing drop in retail selling price of these auto fuels should also help address inflation concerns to some extent, analysts said

Petrol, diesel prices fall sharply in line with Centre's excise duty cut

The retail prices of petrol and diesel fell between Rs 5-10 per litre in line with the Centre's announcement to cut excise duty on the two petroleum products to contain surging rates.

Govt unlikely to meet disinvestment target: Finance Secretary TV Somanathan

'I don't expect a huge uptick in inflation. I think it will remain within the 4 to 5 per cent band', said Somanathan

Net-zero target viable? Study shows emissions are back to pre-Covid levels

The world's strong economic rebound has created a surge in demand for energy, and the global energy system is still heavily dependent on fossil fuels

What's behind Indians' credit card spending surge in recent months?

India's credit card spending is back with a bang. What is driving the surge? Does this indicate a quick economic recovery? What are the lessons we can draw from this trend? Let us take a look

Reform IBC ecosystem for quicker resolution, maximum recovery: CRISIL

Only a few large cases have seen higher recovery, says agency.

Centre releases Rs 17,000 crore to states as GST compensation

With this, the total amount of compensation released to the states/UTs during 2021-22 so far is Rs 60,000 crore

Will focus on climate-related risks, says Reserve Bank of India

In a statement, RBI said it broadly supports the NGFS declaration

Services PMI rises to over a decade high of 58.4 in October

Inflation at six-month high keeps business confidence muted but companies generate highest employment since pre-Covid period of February 2020

Is India's export growth 'sticky' enough to hit $400-bn mark this year?

It is less than necessary, an analysis of the composition of the export basket suggests

Samvat 2078: More bang than whimper for rupee, bond this new year

The rupee was at 74.61 to a dollar on November 13 - the beginning of Samvat. It ended at 74.46 to a dollar on Wednesday

Diwali cheer: Centre cuts excise duty on petrol by Rs 5, diesel by Rs 10

Experts said the increase in consumption and tax buoyancy will help offset excise duty cuts on fuels to an extent

42 of 52 companies selected under PLI scheme for white goods: DPIIT

The approved investments of Rs 4,614 cr are likely to generate net incremental production of Rs 81,254 cr and direct employment of 44,000 people

Oil India aims to increase crude output by over 30% in FY24: Chairman

In a Q&A, Sushil Chandra Mishra says the company hopes to pay off long-term debt raised for NRL stake buy if crude oil rally sustains

FinMin reviews Capex plan of urban development, railways ministries

The finance ministry on Wednesday reviewed the progress of capital expenditure (Capex)