Page 1341 - Economy & Policy News
Air traffic grows 47% in June as Delhi, Maharashtra ease Covid-19 curbs
Industry-wide passenger load factor rose to 62.9% in June from May's 50.5%. SpiceJet had the highest load factor of 70%.
 "Air traffic grows 47% in June as Delhi, Maharashtra ease Covid-19 curbs")
Growth in FY'22 to be around 11% as projected in Economic Survey, says CEA
He also said the overall impact of the second wave on the economy will not be very large.
 "Growth in FY'22 to be around 11% as projected in Economic Survey, says CEA")
Govt's excise collections on petrol, diesel jump 88% to Rs 3.35 trn
To a separate question, the Minister of State for Finance Pankaj Chaudhary said excise collections in April-June this year totalled Rs 1.01 trillion.
 "Govt's excise collections on petrol, diesel jump 88% to Rs 3.35 trn")
Could a $10-million system have saved lives in Kozhikode plane crash?
While most plane crash investigations blame dead pilots, Kozhikode investigators may have to dig much deeper
 "Could a $10-million system have saved lives in Kozhikode plane crash?")
India takes up high oil prices with OPEC, producers, demands low rate
India has taken up the issue of high oil prices with producer nations and OPEC, demanding affordable rates, Minister of State for Petroleum and Natural Gas Rameswar Teli told the Lok Sabha on Monday.
 "India takes up high oil prices with OPEC, producers, demands low rate")
'V'-shaped recovery on resumption in business activity, says Nomura
The labour participation rate moderated to 40.4 per cent from 40.6 per cent. "
 "'V'-shaped recovery on resumption in business activity, says Nomura")
Recovery of bad loans impacted due to Covid pandemic, says B K Karad
The recovery as a percentage of gross non-performing assets moderated to 12.8 per cent in 2020-21 from 15.8 per cent in the previous fiscal year against the backdrop of the pandemic
 "Recovery of bad loans impacted due to Covid pandemic, says B K Karad")
'Mann Ki Baat' radio programme generated Rs 31 cr revenue since 2014: Govt
Prime Minister Narendra Modi's monthly radio programme 'Mann Ki Baat' has fetched over Rs 30.80 crore as revenue since it began in 2014, with the highest of over Rs 10.64 crore earned in 2017-18
 "'Mann Ki Baat' radio programme generated Rs 31 cr revenue since 2014: Govt")
Govt exempts pulses' importers from stock limits; relaxes norms for millers
The government on Monday exempted importers of pulses from stock limits, and also relaxed the norms for millers and wholesalers, in view of softening of prices of the key pulses in the country.
 "Govt exempts pulses' importers from stock limits; relaxes norms for millers")
Notice inviting tender for auctioning 27 mineral blocks issued by 4 states
Notice Inviting Tender (NIT) for sale of 27 mineral blocks have been issued by four states, including Jharkhand and Odisha, Parliament was informed on Monday.
 "Notice inviting tender for auctioning 27 mineral blocks issued by 4 states")
Around 10.9 million MSME borrowers gets guarantee support under ECLGS
Around 10.9 million MSME borrowers have been provided with guarantee support amounting to Rs 1.65 trillion as of July 2 this year under the ECLGS
 "Around 10.9 million MSME borrowers gets guarantee support under ECLGS")
Nepal's Deuba thanks Modi; says shared views with him on strengthening ties
Nepal's newly-appointed Prime Minister Sher Bahadur Deuba on Monday thanked his Indian counterpart Narendra Modi for the congratulatory message
 "Nepal's Deuba thanks Modi; says shared views with him on strengthening ties")
All efforts being made to complete Delhi-Mumbai Expressway: Gadkari
Road Transport and Highways Minister Nitin Gadkari on Monday said all efforts are being made to complete the Delhi-Mumbai Expressway project expeditiously.
 "All efforts being made to complete Delhi-Mumbai Expressway: Gadkari")
Training starts in 607 districts under third phase of PMKVY: Pradhan
Training has started in 607 districts across 32 states/Union Territories under the third phase of Pradhan Mantri Kaushal Vikas Yojana (PMKVY) 2020-22, Parliament was informed on Monday.
 "Training starts in 607 districts under third phase of PMKVY: Pradhan")
Over Rs 81,000 crore due to states as GST compensation for 2020-21
Over Rs 81,000 crore GST compensation is due to states for 2020-21, while for April-May this year, Rs 55,345 crore is outstanding, Parliament was informed on Monday.
 "Over Rs 81,000 crore due to states as GST compensation for 2020-21")
Strong fundamentals, market size will attract foreign investments: FM
India's strong fundamentals and market size will continue to attract market-seeking greenfield investments, Finance Minister Nirmala Sitharaman said in a written reply to Lok Sabha
 "Strong fundamentals, market size will attract foreign investments: FM")
Oil Ministry authorises new companies to sell auto fuels in the country
According to a top ministry official, a fresh marketing authorisation has been granted to Reliance Industries under these norms
Statsguru: Six months on, India's Covid-19 vaccination drive is lagging
Orders for 786 million doses have been placed to date - less than the probable need of 950 million
 "Statsguru: Six months on, India's Covid-19 vaccination drive is lagging")
Soaring digital thermometer import shows Covid-19 pandemic reading
Imports of outdoor sports equipment, handbags for women, and dentures, among others, plummeted
 "Soaring digital thermometer import shows Covid-19 pandemic reading")
India Inc's overseas direct investment in June doubles at $2.8 bn
The overseas direct investment of domestic companies more than doubled to $2.80 billion in June this year, according to RBI data
 "India Inc's overseas direct investment in June doubles at $2.8 bn")