Page 1257 - Economy & Policy News

Two more countries wants to start FTA talks with India: Piyush Goyal

Two more countries and a group have shown interest in negotiating free trade agreements with India, Commerce and Industry Minister Piyush Goyal said

Coal India halts supply to non-power users, hitting industry

India is the world's second largest coal producer, with the world's fourth largest reserves

India slips to 101st rank in Global Hunger Index 2021; behind Pak, B'desh

India has slipped to 101st position in the Global Hunger Index (GHI) 2021 of 116 countries, from its 2020 position of 94th and is behind its neighbours Pakistan, Bangladesh and Nepal

Railways to set up 500 multi-modal cargo terminals under Gati-Shakti scheme

Indian Railways will establish around 500 multi-modal cargo terminals under the PM Gati-Shakti programme in a time period of 4-5 years

500 multimodal hubs at Rs 50k-cr investment under Gati Shakti: Vaishnaw

As many as 500 multimodal hubs are expected be developed under Gati Shakti Mission at an extra investment of Rs 50,000 crore in the next five years, says Railway Minister Ashwini Vaishnaw

India's Sept trade deficit widens to record $22.6 bn

India's merchandise exports rose $33.8 billion for the month from $27.56 billion in the same period last year

After Air India privatisation, aviation set to be 2nd most concentrated mkt

The top two players will control 80% of industry revenue

India's aviation sector on the verge of a turnaround?

Indian airlines' passenger traffic is rising steadily. And, in time for the festival season, airlines in India are allowed to operate at 100% capacity. What else is in favour of the sector?

Govt approves 31 proposals for telecom PLI scheme of Rs 3,345 cr investment

The companies selected for the PLI scheme include Nokia India, HFCL, Dixon Technologies, Flextronics, Foxconn, Coral Telecom, others

India's Sep WPI inflation falls to 10.66% as fuel, power prices rise 24.8%

The wholesale price-based inflation eased to 10.66 per cent in September, helped by moderating food prices even as crude petroleum witnessed a spike.

Auto loan delinquencies to stay elevated for 3-6 months in India: Moody's

While economic conditions have improved, this year's virus outbreak has eroded borrowers' financial reserves, according to Moody's

India's Sep WPI inflation falls to 10.66% as fuel, power prices rise 24.8%

Fuel and power prices rose 24.81% in September year-on-year compared with 26.09% in August, while manufactured product prices rose 11.41% compared with 11.39% in the previous month.

Govt debt likely to breach 90% of GDP this year, says IMF report

The Centre's debt was at 58.8 per cent of GDP in FY21. It fell slightly to 57.6 per cent in the first quarter of FY22

SC stays GST on royalty paid by petitioner to state for mining rights

GST at the rate of 18 per cent is imposed on royalty given to the state governments for mining rights

Centre to appoint a committee within two weeks to select next CEA

The selection committee interacts with key people in the finance ministry and other stakeholders before sending the shortlisted names to the finance minister

Rupee's long-term trend is to appreciate, say experts

The rupee's movement has been particularly strong in the past few sessions

Govt scraps basic customs duty, cuts cess on crude palm, soy, sunflower oil

Move might impact farmers' realisation when kharif harvest is on, say industry players

FM Sitharaman says India looking at near double-digit growth this year

Pitches for urgent reforms in UN, World Bank, IMF as 'they no longer speak for all nations'

Gujarat provides one year relaxation in upper age limit for govt jobs

In a bid to compensate for coronavirus pandemic, the Gujarat government on Wednesday decided to provide relaxation of one year in the upper age limit in the upcoming recruitment for various vacancies

Gati Shakti to make policymaking effective, cut needless expenses: PM Modi

Projects will be designed and executed with a common vision across various ministries