Page 1307 - Economy & Policy News

Privatisation of PSUs not in national interest, will oppose policy: TN CM

Privatisation of Public Sector Undertakings is not in national interest and the Tamil Nadu govt would oppose the Centre's bid to privatise PSUs which are public assets, CM M K Stalin informed said

India's July YoY domestic air passenger traffic rises, says IATA

Accelerated vaccination drive as well as higher rate of economic activity rose India's domestic air passenger traffic in July 2021 on a year-on-year basis.

Supply to power plants carrying stock of 0-6 days prioritised: Coal India

State-owned CIL on Thursday said it has launched a multi-pronged effort to help build up coal stocks at power plants

India's gasoline demand seen hitting record as Covid-19 curbs ease

Annual passenger vehicle sales in India rose by 45% to 264,442 units in July, driven by pent-up demand, according to data from the Society of Indian Automobile Manufacturers.

Social discrimination key factor in stunting among children, study shows

Caste practices and other kinds of social exclusion reduce communities' access to maternal and child health, leading to more cases of stunting, says a new study

IMD forecasts above-normal Sep rainfall; deficit unlikely to be wiped out

September rains to be better but not enough to recoup seasonal deficiency, says IMD

Low base not sole contributor to GDP growth in June quarter: CEA

'The decline and the subsequent recovery was not reflecting anything about the fundamentals of the economy. It is only reflecting the economic restrictions that were placed or removed', said CEA

Deals or distress: Realtors expect 25-30% jump in sales this festive season

Home sales grew 67 per cent in the first half of 2021 due to growth in markets like Pune and Mumbai

Why controlling CoC conduct could be a challenging task for IBBI

Experts say such a code could lead to litigation, which may affect the decision-making ability of the committee

Direct green power instead of grid-fed could help railways more: Study

According to the study, around a quarter of this new solar capacity - up to 5,272 MW - could be fed directly into the railway's overhead lines

Experts say govt driving capex even as FinMin praises private sector

Experts believe that investments are down and driven by government, PSUs

Petrol demand continues to rise in August but diesel lags, shows data

India's fuel demand recovery remained patchy in August as petrol consumption continued to rise but diesel sales fell, preliminary data from state fuel retailers showed on Wednesday

India's power consumption up 18.6% to 129.51 billion units in August

India's power consumption grew 18.6% in August to 129.51 billion units and remained higher than the pre-Covid level due to improved economic activities amid the easing of lockdown curbs by states

Manufacturing growth falls in Aug on Covid curbs, rising input costs: PMI

The index for manufacturing fell to 52.3 in the month from 55.3 in July, forcing companies to pause their hiring efforts

GST mop-up dips but stays above Rs 1 trillion for the second month

August number contrasts sharp pick-up seen in daily e-way bill generation

Cow must be declared national animal, says Allahabad High Court

The Court also denied bail to one Javed, who was accused of slaughtering a cow

India asks utilities to import coal amid short supply as demand spikes

By Sudarshan Varadhan

Separate accounts within PFs to be maintained for taxation purpose

The Budget 2021-22 announced income tax on interest accrued on annual provident contributions above Rs 2,50,000 for non-govt employees and Rs 500,000 for govt employees

IMF raises India's special drawing rights allocation to $17.86 billion

SDR is an alternate reserve currency floated by the IMF, which the member countries can freely exchange between themselves

Madras HC puts order on bumper-to-bumper cover for new vehicles on hold

Will hear the General Insurance Council on September 13