Page 1272 - Economy & Policy News

Petrol, diesel prices rise again amid volatility in global oil market

The prices of petrol and diesel rose simultaneously again on Tuesday amidst volatility in the global oil prices with benchmark crude increasing to above $80 a barrel.

Delayed recovery greatest risk to pandemic-hit Indian economy: Reuters poll

Gross domestic product (GDP) growth is forecast to average 9.2% this fiscal year

Doing WFH due to Covid no reason to cancel of GST registration: HC

Court orders CBIC to issue austere circular mandating tax officers not to cancel registration of any taxpayer during the pandemic period otherwise than on charges of tax evasion

Study bats for OECD multilateral approach to tax digital services

Paper by Shardul Amarchand Mangaldas and Jindal Global Law School opposes digital service tax, currently imposed by individual countries, such as equalisation levy by India

Wholesale prices fall as mandis prepare to welcome fresh kharif harvest

Arrivals have just begun, but data on initial weeks shows that prices have dropped after higher arrivals within no time. Now, the threat of heavy rainfall-led crop damage lingers

Recovery tracker: Power generation rises, workplace visits up as cases drop

Freight numbers, traffic congestion lower than before

Reserve Bank of India grants licence to NARCL under Sarfaesi Act

The NARCL has been incorporated under the Companies Act, and public sector banks will hold 51 per cent in the bad bank

States not on same page as govt gears up to roll out digital health mission

Tamil Nadu plans parallel programme with unique user IDs

Private defence firms pitch their skills to senior military brass

Two private firms explained to the student officers, all of them of general rank, about how their companies were capable of contributing to self-reliance in the linked fields of aerospace and defence

Office absorption rose by 168% in Q3CY21, says Knight Frank report

Study says in Jan-Sept 2021, office markets had incremental activity of 13% by volume and 6% growth in new office completion over same period last year

Coal supply debate heats up ahead of festival season power demand

Since September 1, the number of power plants with less than eight days of coal has increased to 104, from 79

PMUY beneficiaries may continue using around three cylinders a year

The Ministry of Petroleum and Natural Gas had introduced PMUY as a flagship scheme with an objective to make LPG available to the rural and deprived households

PM to virtually address event on rural land ownership scheme on Oct 6

Narendra Modi will virtually address a programme to be attended by the beneficiaries of a central scheme on establishing land ownership in rural areas in Harda district of Madhya Pradesh on Wednesday

Govt imposes export curbs on syringes to discourage outbound shipments

DGFT in a notification said it has moved syringes export in restricted category, under which an exporter has to seek a licence or government permission for shipments

Coal ministry wraps up agenda document for sectoral reforms, sustainability

The coal ministry on Monday said it has finalised an agenda document for the ongoing fiscal which broadly focuses on areas like reforms, transition and sustainability in the coal sector.

India on path of economic recovery aided by govt reforms: DEA Secy

Notwithstanding the pandemic, he said, the government continued with the reform process and many strategic reforms were announced even during Covid-19

Power cost to remain high as imported coal prices soar: Ind-Ra

Ind-Ra estimates an increased imported coal requirement likely in second half of 2021-22 as domestic coal production would increase gradually

Housing sales in Q3 jump over two fold to 32,358 units in 7 cities: JLL

Housing sales jumped over two-fold to 32,358 units during July-Sept period across 7 major cities as demand bounced back with unlocking of economic activities and lower Covid infections, according JLL

India wants to be the next Taiwan in chips, but its dream is misguided

Its government would be better off saving its money and luring more suitable partners in testing and assembly.

MPC may opt for cut in liquidity, no rate hike: BS monetary policy poll

The RBI accepts overnight excess liquidity from banks at 3.35 per cent, its reverse repo rate