Page 1385 - Economy & Policy News

CEA expects food inflation to ease with unlock and good monsoon

Moreover, the Chief Economic Adviser (CEA) asserted that high food inflation has not impacted a large section of population as they are being given free ration under the PMGKY

Bull run will last for 'very, very long time', says Rakesh Jhunjhunwala

Annual equity returns from Indian stocks will be about five percentage points, says ace investor.

$32 mn World Bank loan for improving healthcare services in Mizoram

The Covid-19 pandemic has had adverse effects on the delivery and utilisation of essential health services in the state.

Nearly 73% SMBs unable to report profit due to lockdown: study

As many as 63 million micro, small enterprises and 40 million self-employed individuals were present in the country, the report said.

Andhra Pradesh administration opposes Centre's Indian Ports Bill

This could be a "draconian law" that could curtail market access to the state: State minister

Electronics firm Foxconn, others among 29 register under telecom PLI

The scheme will be effective from April 1, 2021.

US lobby group views India's e-commerce plan as worrying, email shows

India this week spooked online retailers like Amazon and Walmart's Flipkart by outlining plans to limit "flash sales"

Focus on 'toyconomy': Prime Minister Modi's call to India's toy industry

India's share in $100 billion global toy market is only around one-and-a-half billion dollars: PM

Household savings slide in third quarter amid Covid-19 pandemic cloud

The ratio of household (bank) deposits to GDP declined to 3 per cent in the third quarter from 7.7 per cent in the previous quarter

GST Council meets become toxic, consider course correction: Mitra to FM

West Bengal minister Amit Mitra on Wednesday urged Union Finance Minister Nirmala Sitharaman to consider a "course correction" to rebuild faith.

Consumer protection rules: Decoding the impact on e-commerce firms, buyers

The proposed rules have created quite a stir among companies, with some anticipating a change in their business structure if these are implemented

BEML buyer may face restriction on raising capital for a few years

This is being done as such a move would lead to further dilution of the sovereign's stake below 28 per cent after privatisation

FM Nirmala Sitharaman calls for re-thinking financing for resilient infra

Finance Minister Nirmala Sitharaman on Wednesday made a case for re-thinking financing and development priorities for inclusive, sustainable and resilient infrastructure aligned with Sustainable Development Goals (SDGs).

Road construction zooms nearly 60% in the first two months of FY22

1,470 km constructed in April-May, against 847 km previous year

India's total FDI inflow rises 38% year-on-year to $6.24 billion in April

Total FDI includes equity capital of unincorporated bodies, reinvest earnings and other capital. FDI equity inflow grew 60 per cent on year to $ 4.44 billion in April.

Centre to spend extra Rs 93,868 crore for running PMGKAY-3 in FY22

Cabinet approves extra spending of Rs 67,266.44 crore for five months; earlier extra amount of Rs 26,602 crore was estimated for May and June, 2021

Moody's cuts India growth forecast for 2021 to 9.6% from 13.9% earlier

Moody's slashed India's growth projection to 9.6% for 2021, from its earlier estimate of 13.9%, and said faster vaccination will be paramount in restricting economic losses to June quarter

Centre further eases norms for business process management firms

Employees can provide services in India and abroad even during WFH

PNB to apprise board of PNB Housing Finance deal in Friday meet

The shareholders of PNB Housing on Tuesday voted on a special resolution for a preferential allotment of shares to a clutch of investors led by the Carlyle Group

Q4 of FY21 sees recovery in housing prices as pandemic tapers: CARE Ratings

All India Housing Price Index rose 2.7% YoY in Q4FY21. Going forward, movement in HPI would be influenced by demand-side factors as well as inventory levels