Page 1352 - Economy & Policy News

Palm oil prices rise in India even after import duty cut, to hit demand

Higher palm oil prices could weigh on Indian demand and may prompt the government to refrain from cutting import taxes further as the price rise highlighted the limitation of duty reduction

Hybrid funds get investors' attention; see Rs 27,220-cr inflow in Jun qtr

Hybrid funds are getting traction from investors with such instruments witnessing net inflow of Rs 27,220 crore in three months ended June, more than double from the preceding quarter

New IT rules take care: SC on plea seeking CBI, NIA probe against Twitter

The Supreme Court on Monday gave a petitioner a week's time to study new IT Rules in connection with his plea to restrain social media platforms from carrying Islamophobic content

India's education report card: Better score in enrolment; low rank in infra

Data from the 2019-20 U-DISE report, recently released, indicates that more of India's children are going beyond primary education

Middle class consumption will create $15 trn Indian economy: Gautam Adani

Group's focus is on creating long-term sustainable value, says businessman

Petrol prices hiked again; here are the prices in your city today

In Delhi, petrol prices were hiked by 28 paise from Rs 100.91 per litre to Rs 101.19 per litre. Check today's fuel prices city-wise

Written down: Accounting drill keeps bitcoins from getting wider acceptance

Accountants are fitting crypto into existing categories. As an intangible asset, Bitcoin's book value can go only one way: down.

Global chip shortage: When will India have its own semiconductor plant?

The country needs to focus on creating a semiconductor ecosystem of its own, to avoid being crippled by shortages

Game changer: Making sense of open source software in digital economy

Earlier government projects used open-source technology, but the codes were never opened up to the larger community, reports Neha Alawadhi

Census 1921 vs 2021: Capturing pandemic data, from Spanish Flu to Covid-19

There is no clarity on when the decadal Census 2021 operation will be complete, though the development of digital applications for data collection offers hope the work may pick up pace once begun.

Govt identifies items for Customs exemptions review, asks for views

Importers, exporters, domestic industry and trade associations are invited to give views on the subject for consideration by the government by August 10 on the 'MyGov.in' portal.

Decoded: Why newly formed Ministry of Co-operation is raising many eyebrows

Questions abound if the freshly carved out ministry is for political heft or if it's a tool to fan Centre-state feud

Status check: Banks are yet to build up a robust 'Covid loan book'

The RBI came up with the scheme on May 7, mainly for the health sector. It subsequently increased the amount to include contact intensive sectors to ease the hardship

Agriculture, engineering products set to propel export growth in Q1

Robust demand from key markets, rally in commodity prices help bring buoyancy

India's power usage rises 18% to 30.33 billion units during July 1-7

Power consumption during July 1-7 last year was 25.72 BU. Power consumption was recorded at 26.63 BU in first week of July in 2019

IT rules 2021 empowering, protecting users, asserts Ashwini Vaishnaw

Says he has reviewed the rules with Rajeev Chandrasekhar, and that they will will ensure a safer and more responsible social media ecosystem

Rail Min Ashwini Vaishnaw reviews Mumbai-Ahmedabad bullet train project

Railway Minister Ashwini Vaishnaw reviewed bullet train project between Ahmedabad and Mumbai, as part of his efforts over last few days to get acquainted with high priority works of Railways.

Indian tea exports likely to fall nearly 15 per cent in 2021

The tea industry decline in exports to the tune of 30-40 million kg this year as compared to 2020, due to the availability of low-cost varieties in the global market, trade restrictions sources said

India poised for double-digit growth this fiscal, says Niti Aayog VC

The Indian economy has been adversely impacted by the coronavirus pandemic and the recovery has been relatively sluggish

GST probe busts firms for 'fake' input tax credit invoices worth Rs 91 cr

GST officers have busted a network of 23 entities involved in creation of fake invoices worth Rs 551 crore and passing inadmissible input tax credit worth Rs 91 crore.