Page 1338 - Economy & Policy News

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

In Delhi, petrol price is at Rs 101.84 per litre. Check here to know the fuel prices in your city today

Covid crimps budget housing market as consumers cut down on expenses

Data shows the share of affordable homes in the overall new launches in the top seven metros fell sharply since the Covid-19 pandemic upended lives in India

End of thermal PPAs to help renewable power purchase, says SECI CMD

Jatindra Nath Swain, chairman and managing director, SECI, spoke to Shreya Jai about the growth prospects of the RE sector in India, the challenges, and plans

Telecom firms staring at possibility of excess backhaul spectrum fee

Currently, DoT allocates airwaves by administered price mechanism

Insurers' provision pool balloons as fatalities spike in second Covid wave

Claims in 2nd wave were 3-4 times the volume seen in first wave, says an insurer

India in talks with Russia for $2-3 bn investment in upstream oil assets

Tie-ups in Arctic projects also being evaluated

Centre plans big boost for MSMEs with an inter-ministry data bank

This could help form better schemes

Govt considers automatic route for creditors in IBC to speed up resolution

Such a move requires strengthening of information utility system: Official

Auto loan cos warn of sharp rise in bad debts due to Covid-19 lockdown

Analysts say the Rs 4 trn auto finance industry was the most impacted and had the lion's share of asset quality deterioration during the quarter

Draft ecommerce rules seek end to flash sales but consumers don't: Survey

The rules, among other things, propose that ecommerce companies not be allowed to organise flash sales

Real estate industry to grow five-fold to $1 trn by 2030: Housing Secy

Durga Shanker Mishra says that in line with PM's vision of 'Housing for All by 2022', some 11.2 mn houses have been sanctioned and 5 mn have already been allotted

Power hurdles: Consumers need to wait before they can choose supplier

Latest amendments to the Electricity Act might not be enough to remove existing obstacles.

External risks soften lenders' interest in renewable energy projects

The pressure to re-negotiate contracts to reduce tariffs and the viability of power distribution companies are some of these.

IBBI amends regulations for more transparency and accountability

Resolution professionals (RPs) will be required to inform the adjudicating authority about avoidance transactions of a corporate debtor

PLI boost spurs solar manufacturers to look at new schemes for growth

A basic Customs duty of 40 per cent on solar cells and 25 per cent on modules will come into effect from April 1, 2022

India's renewable energy plan of 175 GW by FY22-end faces multiple risks

Sector comes of age with large companies driving growth, but land acquisition and regulatory delays hamper the immediate target of achieving 175 Gw capacity by FY22 end

1,222 PSA oxygen generation plants likely to be operational before Aug 15

Housing and Urban Affairs Secretary Durga Shanker Mishra said that 1,222 PSA oxygen generation plants sanctioned under the PM-CARES fund are likely to be become operational before August 15.

Patchy monsoon could impact pulse and oilseed output, fueling inflation

All eyes on rains in the weeks ahead till August-end to assess final impact

Co-operative body 'unhappy' over SC verdict upholding supremacy of states

Wants National Policy on Cooperatives, which will ensure uniformity in acts across states

Rs 700 cr funds for cash transfer schemes went to wrong hands: AP govt

A staggering sum of Rs 700 crore might have gone into the wrong hands so far, a cursory verification by the Finance Department has established.