Page 1337 - Economy & Policy News

Ministry speeds up green approvals as environmentalists call foul

It took an average of 84 days to clear a project in 2021, compared with 162 days the year before, according to data shared by the ministry

India improves ranking in trade facilitation aided by various reforms

India has significantly improved its ranking in terms of trade facilitation due to various reforms undertaken by various departments especially customs under the Central Board of Indirect Taxes

India to see higher salaries as firms look beyond coronavirus hit

Paychecks could rise about 8% in the financial year starting April 2022, especially if authorities avert a third wave of the virus

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

In Delhi, petrol price remains unchanged for the sixth day straight at Rs 101.84 per litre. Check here to know the fuel prices in your city today

New fuel retail outlets may rely on public sector OMCs to build networks

These companies are banking on rising fuel demand predicated on growing vehicle ownership and rising mobility

Strategic divestment: Valuation of companies caught in the crosshairs

Forces govt rethink on NINL valuation, delaying sale

Par panel asks textiles ministry to expedite incubator project under NIFT

The committee is chaired by MP Bhartruhari Mahtab.

Working on plan to boost agri exports from Ladakh: Commerce Ministry

A comprehensive plan of actions is being worked out to promote the export of agricultural produce from the Union Territory of Ladakh, the Commerce Ministry said on Thursday.

Union Cabinet approves Rs 6,322 crore PLI scheme for speciality steel

Move likely to attract investment of Rs 40,000 crore, capacity addition of 25 mn tonnes; create over 500,000 jobs

India 'challenging place' to do business, must ease hurdles: US State Dept

New protectionist measures limit competitive choices and restrict expansion in bilateral trade, says US.

Union Cabinet approves 100% FDI in PSU refiners to aid BPCL sale

Current FDI policy restricts FDI in oil PSUs to 49%; most bidders who have shown interest in acquiring BPCL have foreign investment

No likely impact of Cairn, Devas lawsuits on AI disinvestment process: Govt

Air India is a separate corporate entity with its own management, board so there is "no likely impact" on its ongoing disinvestment process due to lawsuits filed by Cairn, Devas said VK Singh

From Sensex to exports, how much have we scaled our economy in 30 years

Major economic reforms in the early 1990s changed the face of the Indian economy

Inflationary situation in India is at a 'very risky bend': Kaushik Basu

India needs a much better curation of policy once again between the Reserve Bank of India and the finance ministry, says former CEA

RBI's tolerance for higher yields may mean end of transmission

After years of experimentation, policy transmission has become highly effective and occurs almost in real time in money markets

Sentiments in property market turns pessimistic in April-June: Report

Sentiments in the real estate market turned pessimistic during the April-June quarter because of the outbreak of the second wave of Covid-19 pandemic

RBI eyeing 'phased introduction' of digital currency: Deputy Governor

RBI is working on a phased implementation strategy for its own digital currency and is in process of launching it in wholesale, retail segments, RBI Deputy Governor T Rabi Sankar said on Thursday.

Union Cabinet eases foreign investment rules to aid BPCL sale: Report

Union Cabinet has reportedly approved increase in FDI limit in the petroleum PSU to 100% from 49% currently

Union Cabinet approves Rs 6,322-cr PLI scheme for specialty steel

The scheme has an employment generation potential of about 525,000 of which 68,000 will be direct and the rest will be indirect employment, says govt

Over a quarter of health subsidy cornered by the wealthiest 20%: PHFI

Low awareness combined with limited coverage means that the richest 20% get over a quarter of the health subsidy; only half of this goes to the poorest 20%