Page 1322 - Economy & Policy News

FPIs, domestic institutional investors show divergent sector preferences

FPIs have cornered the bulk of the free float available in sectors such as private banks, real estate, and insurance.

Story in numbers: From agriculture to construction, where do Indians work?

Currently, 43% of India's total workforce is employed in agriculture

When technology of espionage outstrips law's ability to protect citizens

Most surveillance firms operate out of the public eye, and given the sensitive nature of the technology they provide, it is extremely difficult to ascertain who their customers are

Sebi enforces amendments to empower independent directors

The development is significant as the role of independent directors coming under scrutiny for their failure in detecting and preventing corporate frauds and promoter mismanagement.

Sebi probed 94 new cases for flouting securities law in FY21

As many as 94 fresh cases pertaining to flouting of securities norms were taken up for investigation by Sebi in 2020-21, a decline of 42 per cent from preceding financial year, as per latest report.

India's power consumption up 9.3% to 28.08 bn units in 1st week of August

India's power consumption grew 9.3 per cent in the first week of August to 28.08 billion units due to improved economic activities after easing of lockdown curbs by states, according to power ministry

Depict real picture of job loss: Parliamentary panel to Labour Ministry

A Parliamentary panel has asked the Ministry of Labour and Employment to use and reconcile the data and studies conducted by credible agencies for depicting real picture of job loss in the country

Motilal Oswal expects India's real GDP growth to be 20% YoY in Q1

India's real GDP is expected to grow by 20 per cent on a year-on-year (YoY) basis in the first quarter of FY22, Motilal Oswal Financial Services (MOFS) said in a report.

I-T dept issues 3 email IDs for grievances under faceless assessment scheme

The Income Tax (I-T) department on Saturday notified three official email IDs for taxpayers to register grievances under the faceless or e-assessment scheme.

Goyal calls for increasing handloom exports to Rs 10,000 cr in three years

Textiles Minister Piyush Goyal on Saturday called for increasing handloom exports to Rs 10,000 crore and doubling the production to Rs 1.25 lakh crore in the next three years

India will hopefully get US-standard highways in three years: Gadkari

National highways are being constructed at a very fast pace and the entire country can hope of getting highways of an American standard in the next three years, Gadkari said

India offers Cairn Energy $1-bn refund after scrapping retro tax: Report

The lower house of parliament on Friday approved a draft law introduced the previous day, cancelling a 2012 policy that enabled New Delhi to tax some foreign investments retrospectively

Govt buries retrospective tax, introduces Bill to amend Income Tax Act

Bill to scrap the law tabled; proposed refund at around Rs 8,100 crore

Will handhold startups, artisans for entry into field of exports: FIEO

Apex trade promotion body FIEO on Saturday said it will handhold startups, artisans and farmers to facilitate their entry into the field of exports

Railways sets eyes on hydrogen powered trains, invites bids for new tech

Successful trails can mean conversion of all diesel trains to Hydrogen

Kharif acreage improves further but heavy downpour a cause for concern

Relentless monsoon has damaged standing crops as in many places; heavy impact on pulses in Rajasthan, Maharashtra and parts of UP

Mizoram stares at fuel shortage amid border row, orders rationing

All filling stations will be opened from 6 am to 6 pm from Monday to Saturday.

China's July exports, imports rise, but growth slows amid Covid curbs

Exports rose 18.9% over a year earlier to $282.7 billion, decelerating from June's 32.2%

Petrol, diesel prices unchanged; here are the prices in your city today

In New Delhi, petrol is selling at Rs 101.84 per litre. In Mumbai, the price stands at Rs 107.83

Tourism has highest job creating potential across sectors: G Kishan Reddy

Reddy also said that the tourism industry has a unique impact on a country as it not only acts as a massive growth engine but also enhances the soft power of a nation.