Page 1305 - Economy & Policy News

Govt looks at easing coal stock rules to address fuel shortage

In an attempt to address issue of coal shortage being faced by certain thermal power stations, govt looks at easing coal stock rules to allow diversion of fuel to stations having critical supply

High coking coal prices to impact gross margins of steel mills, says Ind-Ra

India's coking coal imports at 5.76 MT in July 2021 were 65 per cent MoM and 114 per cent YoY higher

Odisha records 41% jump in August GST collection to Rs 3,316.55 crore

The state collected Rs 16,977.92 crore GST in the current fiscal till August, as against a collection of Rs 9,888.99 crore in the same period last year

CBDT refunds over Rs 67,401 cr till Aug 16 to nearly 2.4 million taxpayers

CBDT has issued refunds of over Rs 67,401 crore to more than 2.4 million taxpayers between April 1 and August 16, the Income Tax Department of India said on Saturday.

Mukesh Ambani sees green hydrogen costs coming down to $1 per kg in 10 yrs

Ambani noted that the PM had set a goal to reach 450GW of renewable energy capacity by 2030

Govt-industry talks on proposed FTAs with EU-Australia at premature stage

Consultations with India Inc on trade pacts with UK, UAE on

Edible oil prices to begin softening from December: Food secretary

Retail prices of edible oils in India, which imports 60 per cent of its requirement, have shot up to 64 per cent in the past just one year, in line with the global developments.

Cotton, bajra and groundnut see big drop in acreage, shows data

The total area covered under all crops was more than their normal area, which is the average of the last five years

Value of textile exports should be increased to $100 bn from $33 bn: Goyal

Goyal says PLI and mega textile parks scheme to be approved soon

Services PMI jumps to 18-mth high in Aug as vax access, footfall improve

If the trend persists in September, it may give further boost to services growth in the country in Q2FY22

40% homebuyers looking for premium and luxury properties: Survey

A latest report, prepared jointly by property consultant Anarock and CII, shows how radically the pandemic has altered buying preference

Power Ministry revises SHAKTI coal auction to improve Coal supply

Move aimed at making more coal available to power plants that do not have PPA; ministry plans three separate windows for auction

India allows imports of genetically modified soymeal via three more ports

India allowed imports of genetically modified soymeal through three more ports, according to a government order seen by Reuters, facilitating overseas purchases of the animal feed in large volumes.

India aiming to create $5 bn worth of defence equipment by 2025: DRDO

The Union government has an ambition to create a $5 billion worth of defence equipment by 2025, a senior DRDO official said here on Friday

India's economy is booming after second wave, that's what we have read: SC

Economy is booming in the country after second COVID wave, said SC as it refused to entertain a batch of pleas seeking contempt action against Governor of RBI and senior officials of other banks

APEDA signs MoU with ICAR-IIMR to boost millet exports

APEDA on Friday inked an MoU with ICAR-Indian Institute of Millet Research for increasing exports through quality production and processing

Top headlines: Maruti to recall 180k vehicles; Snapdeal weighs $400-mn IPO

Business Standard brings you the top stories this evening

Dilution of PSUs will hurt common people, alleges Mallikarjun Kharge

Dilution of PSUs by NDA government, as outlined in National Monetization Pipeline, would hurt the common people, benefit a few and ultimately affect reservations in jobs, Mallikarjun Kharge alleged

Goyal says mega textile parks scheme and PLI scheme will be approved soon

'We must aim for a $100 billion export target in the next five years,' says Textiles Minister

Modi govt should reveal National Monetisation Pipeline goals: Chidambaram

Chidambaram posed 20 questions to the Modi government