Page 1294 - Economy & Policy News

India auto sector attractive for investing: Arun Goel on Ford plant closure

The Secretary, Ministry of Heavy Industries, said the country has seen investments of $34.5 billion in the past five years, to substantiate his point

Water stress poses credit risks for coal, mining and power sectors: Moody's

Water management is among the top environmental risks for countries and sectors in Asia, according to Moody's Investors Service.

High frequency indicators turn 'uneven' in Aug as unlock benefits taper

The performance of the high-frequency indicators in August 2021 was decidedly uneven, especially when compared to the pre-COVID levels

Asset monetisation plan hinges critically on road assets, says Crisil

The success of the Centre's recently announced national monetisation pipeline (NMP) plan hinges critically on road assets, rating agency Crisil said on Monday.

Govt clears sugar export subsidy worth Rs 1,800 cr so far this season

The Centre has so far cleared Rs 1,800 crore in subsidy to sugar mills for undertaking a mandated export of 6 million tonnes of the sweetener in the 2020-21 season-ending this month

India's festival season could bring pick up in demand, says ICRA

India's upcoming festive season raises hopes for consumer demand picking up, rating agency ICRA said in a note on Monday

Finance Ministry to kick-start budgetary exercise from October 12

The finance ministry will kick-start the exercise to prepare the annual Budget for 2022-23 from October 12 amidst signs of revival of the Indian economy hit hard by the COVID-19 pandemic.

Deloitte survey pegs average salary increment in India at 8.6% in 2022

Early estimates peg the increase higher than 8% in 2021, 4.4% in 2020

Hiring activity witnesses marginal growth sequentially in August: Report

Hiring activity witnessed a marginal growth of 1 per cent in August sequentially due to decline in job postings in sectors including engineering, logistic, agro-based industries among others

Saudi daily lauds India's industrial sector, 'Make in India' initiative

Saudi Gazette has lauded India's industrial sector, especially the 'Make in India' initiative which promotes manufacturing in India and has been a pushing factor for the country's economic growth.

FDI key to India's aspiration to be a $5 trn economy, says Deloitte CEO

FDI is critically important for India to become a USD 5 trillion economy, Deloitte CEO Punit Renjen said

Centre invokes TPAs as gencos eye Rs 96.8K-cr from defaulting states

The power ministry recovered Rs 714 crore from Jharkhand last month

CBDT chairman questions delay in time-barred assessment proceedings

I-T dept to dispose of 35K cases by mth-end; Rs 10K-crore demand may be raised

Statsguru: Five charts explain India's household balance sheet

Debt grew fastest for the urban households that sustain on self-employment

Why crisis for exporters could turn out to be a boon for shipping industry

Shipping companies counter that their costs have soared as well

Ease of doing business helped create more startups: Piyush Goyal

Simplification, facilitation and ease of doing business has helped India create more startups, Commerce and Industry Minister Piyush Goyal said on Sunday.

CACP suggestions on sugar economy ring louder: How does it work?

Gujarat only state to go ahead with staggered payments; issue of area reservation resisted by most states

Labour codes unlikely to be implemented this fiscal year: report

The implementation of these laws assumes significance because once these are implemented there would be reduction in take-home pay of employees

Quick analysis of petroleum's contribution to Centre and states' exchequer

Petroleum's share of taxes not included in GST rose to 20% in FY20. While 40% of this should go to the states, the Centre has been raising cess on petroleum, which isn't shared with states

Investment grade to bad bank's SR will attract mutual fund money: ARCs

Based on the financial profile (including profit levels), banks could look at offloading SRs in the market within five years