Page 1271 - Economy & Policy News

Govt push on Air India sale slows down other privatisation proposals

Next on the Centre's priority list is listing insurance behemoth LIC

Cruises move out of India after high-profile drug bust on Goa-bound ship

Most destinations are closer home, companies make promo offers even as passengers hanker for easier cancellations and refunds

WFH rules helped middle class during Covid-19 pandemic, says PM Modi

"The rules framed for WFH during the corona period made the lives of the urban middle class much easier," Modi said

As trade pick up, exporters worried about competitiveness challenge: Survey

As global trade picks up pace after the ravages of the pandemic, an industry lobby's survey has found that an overwhelming number of exporters are worried about competitiveness

Coal stocks at thermal power plants to increase in next 2-3 days

Coal stocks at thermal power plants will start increasing in another two to three days, according to an official in the coal ministry.

India to face challenges in balancing food security with sustainability

The country will continue to find it challenging to balance food goals without severe damage to its environment, according to a report

Govt mulling to broaden PLI scheme to attract gaming device makers

Venture capitalists and private equity investors have recognised the Indian gaming market and have invested USD 1 billion in the last six months.

Substantial increase in fuel prices on cards as crude crosses $82 a barrel

The petrol price in Delhi rose to its highest-ever level of Rs 102.64 a litre and to Rs 108.67 in Mumbai, according to a price notification of state-owned fuel retailers

Northeastern region to turn into oil palm hub of India: Tomar

The Union minister emphasised playing an equal role for the development of the crop and assured to make major investments

Outlook for Indian road logistics sector remains stable: ICRA

Improved economic activities in second quarter of the ongoing fiscal year will spur growth momentum for the road logistics sector in the second half of the year

Indian gaming market poised to reach $3.9 billion by 2025: Report

The report highlighted that 40 per cent of the hardcore gamers pay for their games with an average spend of Rs 230 per month.

Govt amends rules to allow 50% sale of coal from captive mines

Move to benefit over 100 captive coal and lignite blocks with over 500 million tonnes per annum peak rated capacity

Housing sales in MMR surge over 3-fold to Rs 1.33 trillion in Jan-Aug

During January-August 2020, the MMR saw sales of Rs 41,353 crore only because of the adverse impact of the COVID-19 pandemic.

Coal crunch: 64 power plants left with less than 4 days of dry fuel stocks

Power Minister R K Singh had reportedly termed the coal shortage as way beyond normal

WTO estimates global merchandise trade volume growth at 10.8% in 2021

Growth should moderate as merchandise trade approaches its pre-pandemic long-run trend: WTO

MP: Diesel crosses Rs 100 per litre-mark, petrol over Rs 111 in Bhopal

Meanwhile, state Congress spokesman Anurodh Jain demanded that the VAT on petrol and diesel be brought down immediately to provide relief to people

Syringe makers expect export of items with low demand in India to continue

Industry estimates India has stockpile to last about a month for Covid-19 vaccination

Energy crisis: India says coal crisis could drag on as long as six months

More than half the nation's plants are on alert for outages after surging electricity demand and a slump in local coal output eroded stockpiles

Global energy crisis is the first of many in the clean-power era

The shortages jolting natural gas and electricity markets from the U.K. to China are unfolding just as demand roars back from the pandemic

India's services activity remains strong in Sept, firms hire more employees

The IHS Markit Services Purchasing Managers' Index eased to 55.2 in September from August's 18-month high of 56.7, but stayed comfortably above the 50-mark separating growth from contraction.