Page 1322 - Economy & Policy News

Demand for cloud techies to touch 2 mn by 2025: Nasscom-TCS-Accenture study

Study says as of FY21, India ranked third with 608,000 cloud professionals across all verticals, including technology

LIC launches campaign for policyholders to revive lapsed policies

To provide continued risk cover to its policyholders, state-run insurer Life Insurance Corporation of India on Monday launched a special campaign for the revival of lapsed individual policies.

India's volatile rains may create challenges for inflation, says Barclays

The nation is facing an 8% rainfall deficit, which will impact future sowing and harvesting seasons, pressuring consumer prices and squeezing the agriculture sector, Barclays chief India economist

Get more judges: Bankruptcy logjams make India no country for dying firms

Across India, 27 bankruptcy tribunals are being run by 29 judges; at least 25 short of what's required.

Statsguru: FDI to literacy, 6 charts explain Afghanistan's economic woes

The country's gross domestic product (GDP) was lower in 2020 than in 2013

It's 'extremely critical' for MPC to maintain credibility: Jayanth Varma

Central bank is risking making inflation entrenched with its easy money policy, says dissenting member of Monetary Policy Committee.

FinMin summons Infosys chief Salil Parekh over bugs in income tax portal

Taxpayers have since faced numerous problems accessing and using the portal since the day of its launch

Mumbai: A-list realtors queue up to enter one of world's priciest market

Increasing demand for luxe housing, accommodative state policies and decadal-low home loan rates could be some of the triggers

Govt approaches 17 companies to settle retrospective tax cases

The rules under the Taxation Laws (Amendment) Act, 2021, are expected this week

Sowing area of kharif crops 1.55% lower than last year so far: Govt data

Area sown to summer crops like paddy was lagging behind by 1.55 per cent so far in the ongoing kharif season of the crop year 2021-22 (July-June), according to data released by agriculture ministry

India must negotiate well on free trade agreements, say experts

'Reduction in tariff equally crucial while working towards any agreement'

LIC IPO: Centre plans big push to participation by retail investors

The government is also planning a big advertisement campaign for the listing of the IPO

Delay in equity raising may affect PNB HFC's growth: Rating agencies

India Ratings said capital infusion was critical in providing adequate buffers for growth and mitigate any possible asset-side stress

FM to launch 4-year national asset monetisation plan on Monday

Govt has planned a Rs 6-trn pipeline of assets that can be monetised, which will include those put on block for private sector participation

Campuses see jump in dream, super-dream job offers in post-pandemic hiring

Overall annual average salary packages have nearly doubled at some of the campuses

RBI can pare excess liquidity even if stance is accommodative: Ashima Goyal

In a Q&A, Goyal, a member of RBI's Monetary Policy Committee, says reducing excess liquidity is at RBI's discretion and MPC members can only offer advice

Fuel paradox: 6 more pvt players on cards, but price reins still with govt

Setting of retail prices, frequency with which they change and government increasing taxes when global prices are low all put a question mark on so-called market-linked pricing mechanism

Railways suffered Rs 36,000 cr loss during pandemic: Raosaheb Danve

Union minister Raosaheb Danve on Sunday said the Railways has suffered losses to the tune of Rs 36,000 crore during the coronavirus pandemic, and termed goods trains as the real revenue generators

Need to further fuel drivers of consumption, private investment: Industry

There is a need to further fuel the drivers of household consumption and private investments to enhance the aggregate demand in the economy, industry chamber PHDCCI said on Sunday.

Glitches in new IT portal even after 2.5 months: FinMin summons Infosys CEO

"Since August 21, the portal itself is not available," the income tax department said