Page 1353 - Economy & Policy News

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.

India's coal import rises 20 pc in May; volumes may be subdued in monsoon

India's coal import rose 20.4 per cent to 19.92 million tonnes (MT) in the month of May.

FM urges G20 nations for aligning recovery strategies with climate concerns

Sitharaman shared recent policy responses of Government of India to strengthen the health system and economy, including the efficient application of CoWIN Platform

Electricity to farmers for irrigation in daytime by 2023: Ashok Gehlot

Rajasthan Chief Minister Ashok Gehlot on Saturday said electricity would be made available to the farmers for irrigation purposes during the daytime in all districts by 2023.

Integrating technology with inclusive delivery holds key to recovery: FM

Sitharaman said that India has made this platform freely available to all countries given the country's firm belief that humanitarian needs outweigh commercial benefits.

'Centre earned Rs 4.9-trn revenue as fuel prices hiked 69 times this year'

Congress leader in Lok Sabha, Adhir Ranjan Chowdhury, made the claim

States to borrow close to Rs 2 trn to mobilise funds for Covid relief

The borrowing programme that started on July 6 will continue till September 28.

Leading figures in cooperative sector meet Home Minister Amit Shah

The meeting came three days after the prime minister reallocated the portfolios of his ministers in which Shah was given the charge of the newly created Ministry of Cooperation.

India's fuel demand rebounds in June after hitting nine-month low in May

Petrol sales rose 5.6 per cent year-on-year to 2.4 million tonnes in June.

India's summer crop planting lags by 10.43% as monsoon rains taper off

Indian farmers have planted 49.9 million hectares (123 million acres) with summer crops, down 10.43% from a year earlier

India's June fuel demand recovers as lockdowns ease and mobility picks up

Fuel consumption, a proxy for oil demand, rose 8% from May to 16.34 million tonnes

Fuel price hike: Delhi Congress protests against petrol, diesel prices

The Delhi Pradesh Congress Committee on Friday held a signature campaign at petrol pumps across the national capital to protest against the fuel price rise

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

In Delhi, petrol prices have been increased by 35 paise from Rs 100.56 per litre to Rs 100.91 per litre. Check today's fuel prices city-wise

Odisha CM grants Rs 352 cr Covid-19 assistance for MGNREGA workers

Chief Minister directed the district administration to create more man-days at the district level and provide employment for the poor

Aim to construct 60,000 km of world-class national highway by 2024: Gadkari

The Road Transport and Highways Ministry Nitin Gadkari on Friday said that his aim is to construct 60,000 kilometres of the world-class national highway by 2024, at the rate of 40 kilometre per day

IPO-bound LIC chairman M R Kumar to complete his term: Govt official

The government has abolished the position of chairman at the insurer, and will have a CEO and MD

One-Nation-One-Ration-Card suffers from exclusion issues, say experts

Scheme does not embrace 100 mn people who are otherwise entitled to NFSA ration cards, but don't possess them simply because the list has not been updated since 2011

Kharif sowing till July 9 down 10.45% over last year, water levels high

Area under rice (-8.9%), soybean (-11.05%), bajra (-37.83%) and cotton (-17.51%) sees maximum shortfall

From households to FMCG companies, commodity inflation bites hard

The higher prices of widely used raw materials such as edible oils, pulses, television panels, and chipsets are burdening household budgets and threatening the margins of leading manufacturers