Page 1340 - Economy & Policy News
Airlines fly record number of passengers Sunday, outrace govt price band
Govt price cap was effective till July 31 and it was reintroduced Sunday evening, giving airlines time to sell their inventory at competitive prices
 "Airlines fly record number of passengers Sunday, outrace govt price band")
Odisha records 54% growth rate in July 2021 GST collection at Rs 3615 cr
Despite Covid-19 related restrictions, Odisha has registered a growth of 54 per cent in GST collection in July, 2021, in comparison to the corresponding month last year
 "Odisha records 54% growth rate in July 2021 GST collection at Rs 3615 cr")
Unemployment rate rose to 13.3% in July-September 2020: NSO survey
Unemployment rate rose to 13.3 per cent in July-September 2020 as compared to 8.4 per cent in the year-ago period, according to a periodic labour force survey by the National Statistical Office
 "Unemployment rate rose to 13.3% in July-September 2020: NSO survey")
Prasar Bharati has invited EoI for establishing international channel: Govt
Prasar Bharati has invited expression of interest towards consultancy service for providing a detailed project report on establishment of an international channel
 "Prasar Bharati has invited EoI for establishing international channel: Govt")
Railways registers highest ever freight loading for month of July
The railways has registered its highest ever freight loading for the month of July, the national transporter said in a statement on Monday.
 "Railways registers highest ever freight loading for month of July")
Hiring up 11% sequentially in June quarter, IT tops with 61% growth: report
Other sectors that showed standout growth include financial services (48%), and BPO/ITeS (47%)
 "Hiring up 11% sequentially in June quarter, IT tops with 61% growth: report")
BoR insider trading case: SAT dismisses appeals against Sebi order
SAT dismissed appeals of seven entities, including former promoters, against a Sebi order that barred them from securities market in case of alleged insider trading in Bank of Rajasthan.
 "BoR insider trading case: SAT dismisses appeals against Sebi order")
Steel production impacted in Apr-Jun qtr due to second Covid wave: Minister
The country's steel output took a hit during the April-June period of 2021 due to the emergence of the second wave of Covid-19 pandemic, Parliament was informed on Monday.
 "Steel production impacted in Apr-Jun qtr due to second Covid wave: Minister")
Exports rise 47.91% in July to $35.17 bn; trade deficit at $11.23 bn
Country's exports grew by 47.19 per cent to $35.17 bn on account of healthy growth in outbound shipments of petroleum, engineering, gems and jewellery, according to data of commerce ministry
 "Exports rise 47.91% in July to $35.17 bn; trade deficit at $11.23 bn")
Retirement fund body EPFO invests Rs 7,715 cr in equity in April-June
Retirement fund body EPFO has made equity investment of Rs 7,715 crore in the first quarter of this fiscal, Parliament was informed on Monday.
 "Retirement fund body EPFO invests Rs 7,715 cr in equity in April-June")
All you need to know about e-RUPI, India's newest digital welfare drive
The idea is simple and is being used in the US, Hong Kong and several other countries -- prepaid vouchers meant for specific purposes
 "All you need to know about e-RUPI, India's newest digital welfare drive")
Govt may defer privatisation plans for 2 PSU banks to FY23: Report
The Finance Ministry hasn't finalized modalities to seek approval from lawmakers for the sale, which leaves little time for process to be completed this year, people said, asking not to be named
 "Govt may defer privatisation plans for 2 PSU banks to FY23: Report")
NHAI's total borrowing rises to Rs 3.06 trillion in March 2021
The total borrowing of National Highways Authority of India (NHAI) increased to Rs 3,06,704 crore in March 2021 from Rs 74,742 crore in March 2017, Parliament was informed on Monday.
 "NHAI's total borrowing rises to Rs 3.06 trillion in March 2021")
Lok Sabha passes bill to amend public sector general insurance law
Lok Sabha on Monday passed a bill to amend the general insurance law to allow the government to pare its stake in state-owned insurers.
 "Lok Sabha passes bill to amend public sector general insurance law")
India's jobless rate drops to four-month low in July as Covid ebbs
The country's unemployment rate was 9.17% in June, says CMIE
 "India's jobless rate drops to four-month low in July as Covid ebbs")
Adani, Essar, queue up for govt's Rs 2,500 cr-plan to develop ports
The largest of seven proposed PPP projects is at Jawaharlal Nehru Port Trust (JNPT), which plans to privatise its container terminal
 "Adani, Essar, queue up for govt's Rs 2,500 cr-plan to develop ports")
Factory growth rebounded in July, hiring resumed after 15 months: PMI
The Manufacturing Purchasing Managers' Index, compiled by IHS Markit, jumped to 55.3 last month from 48.1 in June, well above 50-level separating growth from contraction.
 "Factory growth rebounded in July, hiring resumed after 15 months: PMI")
Top headlines today: RBI policy, ATM network, NSE's IPO, and more
Here are the top headlines on Monday morning
 "Top headlines today: RBI policy, ATM network, NSE's IPO, and more")
Experts see status quo, will read between lines: BS monetary policy poll
Retail inflation came at 6.30 per cent in May, and 6.26 per cent in June -- both above the upper limit of the RBI's target
 "Experts see status quo, will read between lines: BS monetary policy poll")
SEIS allocation will help tourism-related services
Giving a substantial part of the meagre allocation under SEIS to hotels, restaurants and other tourism-related service providers against their NFE earnings in 2019-20 will help them cope with distress
