Page 1265 - Economy & Policy News

India, US discussed developments in Afghan, cross-border terrorism: MEA

The recent developments in Afghanistan, the need to counter cross-border terrorism figured prominently in US deputy secretary of state's talks with her Indian interlocutors

GST rate clarifications on cattle feed may lead to disputes

DDGS falls under the category of residues and will get similar treatment in terms of GST rate as is given to other residues

Resolution of Sebi-CERC dispute to open gate for power market reforms: Govt

On October 6, SC settled the long-pending matter between SEBI and CERC regarding regulatory jurisdiction of Electricity Derivatives

India-US must strengthen economic and trade partnership: Piyush Goyal

The minister's statement comes in the backdrop of the US indicating that they are not looking at a new trade agreement with India

India's GDP is expected to grow at 9.1% in 2021-22, says Ficci

The survey was conducted in September 2021 and drew responses from leading economists representing the industry, banking and financial services sector

Centre releases Rs 40k cr to states/UTs to meet GST compensation shortfall

Total amount of Rs 1.15 trn released in current year to meet GST compensation shortfall

New NEP to help provide affordable, quality education to students: Pradhan

Several provisions outlined in the new NEP which are aimed at internationalisation of education will help in providing students affordable and quality education, Union Education Minister said

Govt policies directed at fostering competition in economy: CEA

The focus of the government policies in the last seven years has been on enabling competition in the economy, CEA K V Subramanian said, stressing this is partly responsible for growth of startups

Fintech's 'buy now, pay later' credit for kiranas is changing livelihoods

Even small shops can now access large and organised wholesalers, as they buy credit responsibly.

Petrol prices cross Rs 100 per litre-mark for first time in Gujarat

Petrol prices crossed the Rs 100 per litre-mark for the first time in Gujarat on Thursday following a fresh hike

Hopeful of finding solution to vaccine certification row with UK: India

"Discussions are ongoing and we remain hopeful that some solution may emerge," External Affairs Ministry Spokesperson Arindam Bagchi said

'US has huge investment surplus that can be used in India's infra sector'

US has huge investment surpluses that can be used in developing infrastructure in India and make it a manufacturing base to help American economy grow, Commerce and Industry Minister Piyush Goyal said

Trying to include education as key sector of cooperation in FTA talk: Goyal

India is trying to include education as a key sector of cooperation in free trade agreements that the country is negotiating with its trading partners, Commerce and Industry Minister Piyush Goyal said

Govt releases guidelines for cybersecurity in power sector

The government on Thursday announced the release of guidelines for cybersecurity in the power sector for the first time, to create a secure cyber ecosystem

20 states integrate farm land records, other details for paddy procurement

As many as 20 states, including Punjab and Haryana, have captured and integrated key parameters for cross checking during paddy procurement in the ongoing kharif marketing season

Fitch cuts India's FY22 GDP forecast to 8.7%, but pegs FY23 growth at 10%

Fitch Ratings said India''s 'BBB-/Negative' sovereign rating 'balances a still-strong medium-term growth outlook and external resilience from solid foreign against high public debt, a weak financial

India's aluminium makers face 'precarious situation' on coal crunch

Tightening supplies of coal have triggered a power crisis in India as about 70% of the nation's electricity is fired by the fuel.

55% of India's employed professional report feeling stressed: LinkedIn

This was despite drastic work transformations. keeping up with these changes the past 18 months has adversely affected the mental health of the country's working professionals

Icra says FY22 port cargo volumes to remain robust, exceed pre-Covid level

During April-August period all segments, except fertilisers, posted healthy year-on-year growth; better numbers can be attributed to base effect

Is India looking at a V or W-shaped economic recovery in FY22?

If one looks at year-on-year growth, the recovery is V-shaped after the first quarter because of 20 per cent economic expansion