Page 1263 - Economy & Policy News

Revenue Deficit Grant of Rs 9,871 crore released to 17 states

The Ministry of Finance on Monday released the seventh monthly installment of Post Devolution Revenue Deficit (PDRD) Grant of Rs 9,871 crore to the states.

Hope reforms in space sector encourages more women participation, says PM

PM Modi said that the government has formed IN-SPACe to facilitate the private sector's participation

Space tech, telecom to push digital services to remote areas: Vaishnaw

Space and telecom are "organically connected" sectors, especially with regard to managing spectrum, he observed

Icra slashes growth forecast for auto parts industry to 17-20% for FY22

Icra cited the impact of semiconductor shortage on domestic vehicle manufacturers as well as on exports revenues

Indian economy on path to swift recovery: Finance Ministry report

Sustained and robust growth in agriculture, sharp rebound in manufacturing and industry, resumption of services activity and buoyant revenues suggest that the economy is progressing well: Report

Govt says volatile crude oil prices pose concerns for the economy

Volatility in the prices of crude oil, edible oils and metal products pose concerns for India's economy, though inflation is expected to ease in coming months, a government report said on Monday

Goodbye to the Maharaja: Air India sale signals less govt in commerce

The airline's privatisation is two decades late but Indian taxpayers ought to be relieved to have cut their losses.

India aims for quick-fire trade pacts, shifting strategy as economy revives

Prime Minister's Office reportedly pushing foreign and commerce ministeries to deliver on initial deals with countries including Australia and the UK

'Switch off': Coal supply crisis has discoms scrambling for solutions

Some plead Centre for more coal, others ask consumers to save electricity

Vaishnaw, DoT secy make first test call on indigenously developed 4G tech

First test call on indigenously-developed 4G technology, installed in BSNL network for trial, was made on Sunday by Department of Telecom secretary to Telecom Minister Ashwini Vaishnaw

Ample coal stocks for power plants; no blackout risk, says govt

States continue to flock spot market, prices at record high

Gati Shakti master plan: DPIIT to monitor, implement infra projects

The launch of the master plan is expected to boost infrastructure building by integrating key modes of transportation

India awaits finality on taxing global MNCs before removing 'Google Tax'

OECD agreement to be deliberated by finance ministers of G20 nations on Wednesday

ICAI against exempting small firms from mandatory statutory audit

Says NFRA has no jurisdiction over MSMEs

DIPAM likely to decide on commercial matters for PSU privatisation

The panel headed by the cabinet secretary is yet to decide whether DIPAM can be empowered to take decisions on pricing matters for PSU privatisation

India says it has ample coal stocks for power sector

State-run Coal India Ltd is using its 40 million tonne stocks to replenish utilities, which together have 7.2 million tonnes of inventory, equivalent to four days' requirements, the ministry statement

Statsguru: Charting key factors, challenges behind India's credit ratings

Moody's Investors Service changed its outlook from negative to stable on October 5

Why Moody's improved outlook on India might require a discerning look

The ability of the second largest global ratings agency to assess an upside and downside before events make everyone wise about India has been dismal for a long time

Soyabean output may rise 14% to 11.9 mn tn this year: SOPA

Soyabean production is estimated to rise by 14 per cent to nearly 119 lakh tonnes this year on higher sowing area and likely improvement in productivity, according to industry body SOPA.

West Bengal may remain immune from power crisis despite Durga Puja demand

State power minister assures uninterrupted supply, Bengal govt-owned company says state has enough stocks for up to two months