Page 1275 - Economy & Policy News
Ujjwala 2.0 target saturated as connection requests top 10 million
Oil Ministry will get approvals to go beyond Budgeted target
 "Ujjwala 2.0 target saturated as connection requests top 10 million")
Amit Shah-led ministerial panel to soon approve Air India sale
Clarification comes amid reports that Tata Sons may have won the bid
 "Amit Shah-led ministerial panel to soon approve Air India sale")
Long leaps for discoms before they sign up for new reform scheme
Ghosts of mounting financial losses and worsening technical performance still haunt; discoms would need to walk many extra miles to become eligible for the new package
 "Long leaps for discoms before they sign up for new reform scheme")
India, US to set up joint working group on defence industrial security
To formalise and refine their joint security protocols, Washington and New Delhi held a five-day Industrial Security Agreement summit that began on Monday and ended on Friday in the national capital
 "India, US to set up joint working group on defence industrial security")
Chacha Chaudhary declared mascot for Namami Gange programme
Indian comic book character Chacha Chaudhary has been declared as the mascot of the government's Namami Gange Programme with an aim of bringing behavioural change among children
 "Chacha Chaudhary declared mascot for Namami Gange programme")
Govt announces incentive for mills diverting sugar for ethanol production
The government on Friday said it will allocate a quantity of sugar that is sacrificed for ethanol production for monthly domestic sale along with the regular quota from this month onwards
 "Govt announces incentive for mills diverting sugar for ethanol production")
India's September preliminary trade deficit at $22.94 billion: Govt
India's merchandise exports rose $33.44 billion for the month from $27.56 billion in the same period last year, while imports rose $56.38 billion in September from $30.52 billion last year
 "India's September preliminary trade deficit at $22.94 billion: Govt")
India's sugar exports rise 20% to record 7.1 MT in 2020-21: ISMA
India's sugar export rose 20 per cent to an all-time high of 7.1 million tonne in the 2020-21 marketing year ended last month on the back of better demand and financial assistance from government
 "India's sugar exports rise 20% to record 7.1 MT in 2020-21: ISMA")
DoT cancels 71 LoIs for providing net service as virtual network operators
The Department of Telecom has cancelled letters of intent (LoIs) issued to 71 firms for providing internet service as virtual network operators, as per an official note issued on Friday
 "DoT cancels 71 LoIs for providing net service as virtual network operators")
Festive season buying: Budget and safety rule consumer mindset, says survey
The LocalCircles study finds spike in the number of consumers planning to make discretionary purchases between May and now
 "Festive season buying: Budget and safety rule consumer mindset, says survey")
Asian LNG prices surge to record high this week as winter starts
The average LNG price for November delivery into Northeast Asia was estimated at about $32 per metric million British thermal units (mmBtu)
 "Asian LNG prices surge to record high this week as winter starts")
Nearly 17 mn tonnes of surplus foodgrains to be used for ethanol making
Food Secretary Sudhanshu Pandey said the government is encouraging ethanol production not only from molasses but also from foodgrains like maize and rice to achieve the blending targets
 "Nearly 17 mn tonnes of surplus foodgrains to be used for ethanol making")
Coal ministry sets up panel to review timelines for project execution
The Coal Ministry on Friday said it has constituted a panel to review and benchmark the timelines in project execution,
 "Coal ministry sets up panel to review timelines for project execution")
Explainer: Why is India facing a massive coal supply shortage?
Coal accounts for over 70% of India's electricity output, and utilities account for about 75% of India's coal consumption.
AERA allows GMR Hyderabad to increase user development fee from Apr 1, 2022
Flying from Hyderabad airport to get costlier from April 1, 2022
 "AERA allows GMR Hyderabad to increase user development fee from Apr 1, 2022")
How prolonged closure of Sterlite plant is impacting copper exports
The prolonged closure of its controversial Thoothukudi plant has had an unintended impact on the country's exports of the industrial metal
 "How prolonged closure of Sterlite plant is impacting copper exports")
New RBI norms kick in today, may hit 50% recurring payments
Tt would take at least three months for the entire payments system to start working smoothly, say companies and banks.
 "New RBI norms kick in today, may hit 50% recurring payments")
India's energy demand grows at slower pace in September
Electricity consumption rose 0.8% in September, compared with 17.1% growth in August
 "India's energy demand grows at slower pace in September")
Govt quashes report of Tata Group emerging as winning bidder for Air India
The clarification came in the wake of Bloomberg reporting Tata Sons has been selected as the winning bidder for the debt-laden state-run airline
 "Govt quashes report of Tata Group emerging as winning bidder for Air India")
India's agri exports can be doubled in 'medium term', says ITC Chairman
India accounts for only 2.5 per cent of the global agriculture exports, and there is an opportunity to double it in the medium term and improve the economics of the sector, ITC Chairman Sanjiv Puri
 "India's agri exports can be doubled in 'medium term', says ITC Chairman")