Page 1351 - Economy & Policy News
'Work near home' lifts corporate leasing of co-working spaces by 73% in H1
Companies are looking at managed spaces for the triple benefits of cost savings, lease flexibility and the hybrid/hub-spoke model of working that they offer
 "'Work near home' lifts corporate leasing of co-working spaces by 73% in H1")
Foreign exchange reserves zoom to record high of $612.73 bn: RBI data
The country's foreign exchange reserves rose by USD 835 million to touch a record high of USD 612.73 billion in the week ended July 16, 2021, RBI data showed.
 "Foreign exchange reserves zoom to record high of $612.73 bn: RBI data")
Exports rise 45% to $22.4 bn during July 1-21: Commerce ministry data
The country's exports grew 45.13 per cent to $22.48 billion during July 1-21 on account of healthy growth in sectors such as gems and jewellery, petroleum and engineering
 "Exports rise 45% to $22.4 bn during July 1-21: Commerce ministry data")
India sees significant improvement in UNESCAP score on trade facilitation
India has seen a "significant improvement" in the UNESCAP's Global Survey on Digital & Sustainable Trade Facilitation with a 90.32 per cent score.
Delhi-NCR tops in online property searches among 42 cities in June: Report
Realty portal Housing.com on Friday said online searches for residential properties on its platform increased in June after witnessing a decline in preceding 2 months, owing to second wave of pandemic
 "Delhi-NCR tops in online property searches among 42 cities in June: Report")
India's economic rebound faces rising risk from Delta variant: Reuters poll
The latest survey results suggest difficult policy decisions lie ahead for RBI, which has already seen two consecutive months of inflation above the 6% upper limit of the range it tolerates
 "India's economic rebound faces rising risk from Delta variant: Reuters poll")
Nasscom makes suggestions on proposed amendments to e-commerce rules
According to the draft, the rules will be applicable to "all goods and services bought or sold over digital or electronic network including digital products"
 "Nasscom makes suggestions on proposed amendments to e-commerce rules")
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
 "Ministry speeds up green approvals as environmentalists call foul")
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
 "India to see higher salaries as firms look beyond coronavirus hit")
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
 "Petrol, diesel prices unchanged; here are the 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
 "New fuel retail outlets may rely on public sector OMCs to build networks")
Strategic divestment: Valuation of companies caught in the crosshairs
Forces govt rethink on NINL valuation, delaying sale
 "Strategic divestment: Valuation of companies caught in the crosshairs")
Par panel asks textiles ministry to expedite incubator project under NIFT
The committee is chaired by MP Bhartruhari Mahtab.
 "Par panel asks textiles ministry to expedite incubator project under NIFT")
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.
 "Working on plan to boost agri exports from Ladakh: Commerce Ministry")
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
 "Union Cabinet approves Rs 6,322 crore PLI scheme for speciality steel")
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.
 "India 'challenging place' to do business, must ease hurdles: US State Dept")
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
 "Union Cabinet approves 100% FDI in PSU refiners to aid BPCL sale")
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
 "No likely impact of Cairn, Devas lawsuits on AI disinvestment process: Govt")
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