Page 1344 - Economy & Policy News
No serious connectivity initiative can ever be a one-way street: Jaishankar
Building connectivity must conform to laid down laws as respecting the sovereignty and territorial integrity are the most basic principles of international relations, Jaishankar said
 "No serious connectivity initiative can ever be a one-way street: Jaishankar")
Air travel may become expensive as jet fuel price increases again
State-run refiners increased the jet fuel prices on Friday adding more worries to the Indian carriers struggling to reboot operations after extensive disruptions due to the fresh wave of pandemic
 "Air travel may become expensive as jet fuel price increases again")
India, Bangladesh reaffirm commitment to strengthen their partnership
India and Bangladesh have reaffirmed their commitment to further strengthen the partnership and expanding multifaceted cooperation
 "India, Bangladesh reaffirm commitment to strengthen their partnership")
Petrol, diesel prices unchanged, here are the prices in your city today
In Delhi, petrol prices stood at Rs 101.54 per litre. Check today's fuel prices city-wise
 "Petrol, diesel prices unchanged, here are the prices in your city today")
Centre extends deadline for farmers' enrolment for PM crop insurance scheme
The Central government agreed to Maharashtra government's demand of extending cut-off date for enrolment of farmers from July 15 to July 23 for Kharif season 2021
 "Centre extends deadline for farmers' enrolment for PM crop insurance scheme")
India has decided to be leader in drone technology: Drone Federation
Smit Shah, the director of Drone Federation welcomed the move and said if government has taken this bold move of notifying a liberal policy then India has decided to be leader in this technology
 "India has decided to be leader in drone technology: Drone Federation")
India's new industrial policy doomed to fail, to cost the country billions
India's haphazard foray into industrial policy is going to fail, just as "Make in India" did
 "India's new industrial policy doomed to fail, to cost the country billions")
RBI must sacrifice inflation aim to aid growth: Ex-Guv Rangarajan
India will miss its fiscal deficit target of 6.8% of GDP by at least 1 percentage point, he said
 "RBI must sacrifice inflation aim to aid growth: Ex-Guv Rangarajan")
Think tank recommends India to establish new trade negotiating body
A think tank paper has recommended India to establish a new body of experienced trade negotiators with a designated trade representative within the ministry of commerce
 "Think tank recommends India to establish new trade negotiating body")
Ration cards to be issued to eligible beneficiaries from July 26 in T'gana
Telangana Chief Minister K Chandrashekar Rao has instructed the Civil Supplies department in the state to provide ration cards to the eligible beneficiaries from July 26
 "Ration cards to be issued to eligible beneficiaries from July 26 in T'gana")
Covid cuts Tirupur garment hub biz, 10% orders go to other nations
According to Tirupur Exporters' Association, the industrial belt has seen a production loss of about Rs 10,000 crore during the last two months due to stoppage of manufacturing
 "Covid cuts Tirupur garment hub biz, 10% orders go to other nations")
Draft drone rules propose to make it easy to operate the aerial vehicles
The new rules, the ministry said, have been built on a premise of trust, self-certification and non-intrusive monitoring
 "Draft drone rules propose to make it easy to operate the aerial vehicles")
India's economy may have grown 22.1% in Q1, but demand is still low: RBI
The RBI, in its state of the economy report, cited a mathematical model that suggested, in the best and normal course, the third wave could just be a ripple and life would return to normalcy by August
 "India's economy may have grown 22.1% in Q1, but demand is still low: RBI")
What explains China's sizeable presence in India's import basket
Merchandise imports from the country more than doubled in April YoY
 "What explains China's sizeable presence in India's import basket")
Centre likely to receive 30% more from infrastructure asset sale
Final list may be sent to ministries by month-end
 "Centre likely to receive 30% more from infrastructure asset sale")
Office leasing down 22% in H1 2021 as demand catches Covid-19 bug: Report
Covid-19 infections and slow vaccinations have resulted in people waiting out rest of the year 2021 before leasing or renewing leases
 "Office leasing down 22% in H1 2021 as demand catches Covid-19 bug: Report")
Meity withdraws compliance letter sent to Apple over iMessage
The IT ministry is learnt to have withdrawn a letter sent to iPhone maker Apple seeking compliance of iMessage platform with the new IT rules, according to a source.
 "Meity withdraws compliance letter sent to Apple over iMessage")
GDP to grow in double digits in the first quarter, says ICRA report
The Indian economy will grow in double digits for the April-June period on the low base of 2020-21 but will still be short of the levels observed in the first quarter of FY20, it said.
 "GDP to grow in double digits in the first quarter, says ICRA report")
Exports see nearly 50% jump to $33 bn in June; trade deficit at $9.37 bn
India was a net importer, with trade deficit of $9.4 bn vs $710-mn surplus last yr
 "Exports see nearly 50% jump to $33 bn in June; trade deficit at $9.37 bn")
Irrational subsidies by many nations hurting Indian fishermen: Goyal at WTO
India said that it is 'very' keen to finalise an agreement on fisheries subsidies in the WTO as irrational benefits and overfishing by many countries are hurting domestic fishermen
 "Irrational subsidies by many nations hurting Indian fishermen: Goyal at WTO")