Page 1392 - Economy & Policy News

CII pitches for Rs 3 trillion fiscal stimulus to push economic growth

CII President T V Narendran also said the chamber expects GDP to grow at 9.5 per cent in 2021-22

Khadi sales decline 16% to Rs 3,527.71 cr in 2020-21: MSME Ministry

The production activities remained suspended for more than three months during the nationwide lockdown announced on March 25 last year.

Online gaming industry to worth Rs 29,000 crore by FY25, says KPMG

Overall growth in digital consumption sophistication has helped online gaming become a mainstream entertainment option.

India unlikely to see a V-shaped economic recovery in Q1FY22: Report

The economy is likely to contract 12% in the June quarter, says says Swiss brokerage UBS Securities India

Govt puts on hold proposal to cut import duty on edible oils: Report

Household consumption is expected to decline the longer prices remain elevated.

Oil marketing companies again resort to alternate day fuel price revision

On Thursday, OMCs kept retail price of petrol and diesel unchanged.

Confederation of Indian Industry projects FY22 GDP growth at 9.5%

Rising medical expenditure has squeezed incomes and demand. But recovery is on the cards. Global growth and macroeconomic stability will support trade and investment flows.

Panel on energy efficiency, low carbon tech to be set up: R K Singh

RK Singh said a committee will be set up having members from all relevant Ministries for implementation of the Roadmap on Energy Efficiency and low carbon technologies

India's record foreign exchange pile may not be adequate: RBI paper

Foreign exchange reserves surged to $605 billion in the week to June 4 as the central bank mopped up dollars.

India's ban on single-use plastics runs into challenges, pitches new rules

A government committee has identified items to be banned based on an index of their utility and environmental impact.

Govt may tighten 'country of origin' norms for e-commerce players

E-commerce policy expected to be finalised by end of June

Twitter failed to comply with new IT rules, says Ravi Shankar Prasad

According to rules, significant social media intermediaries have to notify the details of their Indian-based chief compliance officer, nodal contact person and grievance officer

Advance tax collection surges 146% despite Covid-19-led economic disruption

Net direct tax mop-up zooms 100% till June 15

Cabinet nod for additional fertiliser subsidy worth Rs 14,775 crore

The move will also help in providing relief to the farmers amid the pandemic

MCA removes restrictions on board meetings via video conferencing

With the latest notification, the provision restricting video conferencing or other audio visual means has been removed permanently.

Financial conditions index takes big knock in Q1 due to second wave

Despite drag reading on index holds out optimism: IBA-CII

Govt okays proposal to roll out project to explore deep ocean for resources

The cost of the mission has been estimated at Rs 4,077 crore over a five-year period and will be implemented in phases

Coal drives Railways' freight biz as demand from power plants perks up

As power plants rush to hoard coal ahead of peak summer demand, coal production and its movement has also increased

India's fuel sales recover as coronavirus lockdown restrictions ease

Many Indian states have now begun easing Covid-19 restrictions as the number of new infections dropped to the lowest in more than two months.

Exports jump 46% to $14 billion so far in June on shipment growth

Imports too rose by 98.33 per cent to $19.59 billion during the period, the data showed