Page 1386 - Economy & Policy News

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

India making efforts to reduce gender gap in labour force: Gangwar

India is making collective efforts to reduce gender gaps in labour force participation, Union Minister Santosh Gangwar said on Wednesday.

Tech will help scale up reach of PMFBY with precision agriculture: Experts

Digitisation and technology will play a significant role in scaling up the reach and operations of the Pradhan Mantri Fasal Bima Yojana (PMFBY) with precision agriculture, experts said on Wednesday.

How India's sugar sector managed to shrug off its perpetual cyclical nature

Experts cite three key drivers of what they see as a permanent change in production patterns

Centre allows BPOs with common telecom resources serve worldwide

India's IT-BPM industry stands at $37.6 billion (2019-20)

Hike in fuel price due to excise duty imposed by Centre, says Yechury

Yechury said that when international prices were much higher, the prices domestically were much lower.

Few takers for India's coal mines with production apparently having peaked

Coal consumption to become even more import driven as domestic production plateaus

MSME body seeks intervention of PM on rising raw material prices

This is in connection to rising prices of raw materials such as steel, iron ore, aluminum, copper, plastics and paper.

Yogi govt in UP: Four-year report card ahead of the 2022 assembly polls

Poverty remains a concern, Covid is a darker spot; the upside is a more investor-friendly environment and better social indicators such a reduced maternal mortality

Centre further liberalises guidelines for BPO industry

IT minister Prasad said the BPO centre with common telecom resource will now be able to serve customers located worldwide, including India.

People saving less, household savings moderate in third quarter FY21

The ratio of household (bank) deposits to GDP also declined to 3.0 per cent in the October -December quarter of FY21 from 7.7 per cent in the previous quarter.

Housing sales in Apr-Jun may rise 93% compared to year-ago period

In Bengaluru, housing sales are likely to rise 19 per cent to about 3,560 units in April-June 2021 as compared to 2,990 units a year ago.

MSP increase not enough to make farmers shift from paddy and wheat

Wheat and paddy farmers unlikely to shift to water-thrifty crops without better return

India's second Covid wave to impact infra sectors, says Moody's

The report said that the government's ability to limit the virus spread and materially increase its vaccination drive will have a direct impact on the economic recovery.

Green hydrogen purchase to be mandatory for some sectors: R K Singh

Minister for Power and New & Renewable Energy R K Singh on Tuesday said purchase of green hydrogen will be made mandatory for certain sectors similar to renewable purchase obligation.

Save jobs or protect savers? A new monetary policy dilemma amid Covid-19

The model suggests that interest rates can be kept low for the greater good.

Reform-linked borrowing by states new model of public finance: PM Modi

Says states got Rs 1.06 trn in FY21 through a partnership

Advance tax collection: Automobile, IT firms lead surge in April-June qtr

Maruti Suzuki, Hero MotoCorp, TCS, and Infosys reported a jump between 44 per cent and 200 per cent in the April-June quarter of this financial year on account of a low base

Infosys to resolve major issues with new tax filing portal in a week

Sitharaman asked Infosys to work on the tax portal to make it more "humane and user-friendly"

Centrum Capital plans to raise up to Rs 500 crore in equity via QIP

The board also gave nod to the issuing of non-convertible debentures of up to Rs 1,000 crore