Page 1364 - Economy & Policy News
Business activity back to pre-second wave levels of March 2021: Report
Business activity has climbed back to the pre-second wave levels with the seventh consecutive week of surge in levels as new coronavirus infection cases decrease, a Japanese brokerage said on Monday.
 "Business activity back to pre-second wave levels of March 2021: Report")
Sundar Pichai says free and open internet is under attack globally
In an interview with the BBC, he said that many countries are restricting the flow of information, and the model is often taken for granted
 "Sundar Pichai says free and open internet is under attack globally")
World hunger was dramatically worse in the pandemic year, UN laments
The United Nations on Monday lamented what it called a dramatic worsening" of world hunger last year, saying much of that is likely connected to the pandemic.
 "World hunger was dramatically worse in the pandemic year, UN laments")
CCEA clears LIC disinvestment; FM-led panel to decide quantum of stake sale
The government has already brought in required legislative amendments in the LIC Act for the proposed IPO
 "CCEA clears LIC disinvestment; FM-led panel to decide quantum of stake sale")
Adani sees Indian economy growing to $15 trillion in two decades
The Indian economy was worth $2.89 trillion before the pandemic, which wiped off over 7 per cent of the total economy.
 "Adani sees Indian economy growing to $15 trillion in two decades")
Rs 11,141 crore paid to wheat farmers as MSP in UP in 20-21: Govt
Procurement of paddy in Uttar Pradesh has also jumped during Kharif Marketing Season 2020-21 itself
 "Rs 11,141 crore paid to wheat farmers as MSP in UP in 20-21: Govt")
Recast loans at non-bank lenders may double by this fiscal-end: Report
The same ratio had stood at 1.6 per cent as of March 2021, after the first wave of the pandemic.
 "Recast loans at non-bank lenders may double by this fiscal-end: Report")
India's media and entertainment industry to hit Rs 4 trn by 2025: Report
The country's media and entertainment (ME) sector will be the fastest growing globally in terms of both consumer and advertising spends
 "India's media and entertainment industry to hit Rs 4 trn by 2025: Report")
Overall job postings improve sequentially by 4% in June: Report
Even though the second wave of the pandemic and subsequent lockdowns affected the economic growth, the overall job postings have improved sequentially
 "Overall job postings improve sequentially by 4% in June: Report")
Disinvestment: Shipping Corp opens virtual data room for potential bidders
Disinvestment-bound Shipping Corporation of India on Monday said it has opened the virtual data room for potential bidders.
 "Disinvestment: Shipping Corp opens virtual data room for potential bidders")
Global solar sector sees 193% rise in corporate funding: Mercom Capital
The global solar sector including the Indian market has witnessed total corporate funding of $13.5 billion in January-June period of 2021
 "Global solar sector sees 193% rise in corporate funding: Mercom Capital")
Retail inflation eases slightly to 6.26% in June; May IIP at 29.3%
Inflation based on Consumer Price Index (CPI) remained elevated due to soaring fuel prices and costlier items in the food basket
 "Retail inflation eases slightly to 6.26% in June; May IIP at 29.3%")
40,000 ITRs being filed daily on new portal, CBDT says as it fixes glitches
The corrective measures are being taken based on feedback from taxpayers, tax professionals and representatives of ICAI to provide taxpayers with a smooth e-filing experience, it said
 "40,000 ITRs being filed daily on new portal, CBDT says as it fixes glitches")
Farmers' hard work made agri, allied sectors resilient to Covid: Tomar
The agriculture and allied sectors remained strong during the pandemic, registering a growth of 3.5 per cent in 2020-21
 "Farmers' hard work made agri, allied sectors resilient to Covid: Tomar")
New laws to fetch good returns, farmers can sell produce to corporates: CEA
New farm laws will ultimately help farmers get better returns as the legislations provide for competition by allowing them to sell their produce to even corporates like Reliance and ITC
 "New laws to fetch good returns, farmers can sell produce to corporates: CEA")
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
 "Palm oil prices rise in India even after import duty cut, to hit demand")
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
 "Hybrid funds get investors' attention; see Rs 27,220-cr inflow in Jun qtr")
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
 "New IT rules take care: SC on plea seeking CBI, NIA probe against Twitter")
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
 "India's education report card: Better score in enrolment; low rank in infra")
Middle class consumption will create $15 trn Indian economy: Gautam Adani
Group's focus is on creating long-term sustainable value, says businessman