Page 1393 - Economy & Policy News

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

I-T portal glitches: FinMin invites stakeholders' representations

The deadline for submission of the representations is June 18

Almost 92% casual workers didn't get wages during lockdown: SWAN survey

The survey, which was conducted among 1,396 worker groups, adding up to 8,023 people that included 4,836 women and children, showed that 76 per cent of the workers had less than Rs 200 left with them

Hallmarking of gold of 20, 23, 24 carats to be mandatory in next 2 phases

No bar on households selling non-hallmarked gold anywhere

Govt says edible oil prices softening; nearly 20% decline in some cases

The price of soya oil was Rs 162 per kg on May 20 and now, it has come down to Rs 138 per kg in Mumbai.

GST dues of all states not cleared as claimed by FM: Chidambaram

Chidambaram cited the example of Congress-ruled Rajasthan, Punjab and Chhattisgarh.

Modi addresses VivaTech, says India offers what innovators, investors need

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Net direct tax collections double to Rs 1.85 trn in FY22 so far

Advance tax collections for FY22 stand at Rs 28,780 cr, which shows a growth of approximately 146%, says govt

NHAI makes drone survey mandatory for all national highway projects

NHAI has mandated that contractors and concessionaires will carry out the drone video recording in the presence of the Supervision Consultant

Union Cabinet approves nutrient-based subsidy for P&K fertilisers

Government will spend additional Rs 14,000 crore on increase subsidy support for DAP fertiliser

RBI likely to maintain status quo in August policy, says SBI report

Retail inflation witnessed a significant uptick in May

Courts, not govt to decide intermediary status: law experts on Twitter row

Reports on Wednesday suggested Twitter may have lost its intermediary status under the Information Technology Act for not complying with the newly notified Information Technology Rules, 2021.

Oil prices hit new high near $75 on demand rise, falling inventories

Brent has risen 44% this year

Power consumption across India grows 9.3% in first half of June

This indicates a recovery in commercial and industrial electricity demand

Govt plans Rs 50,000 cr programme to boost health infrastructure: Report

Programme will reportedly allow companies to access funds for ramping up hospital capacity or medical supplies with the government acting as a guarantor

Inflation persistence vis-a-vis low growth, RBI has limited choice: Report

Driven by several global and domestic factors, inflation may remain elevated in the coming months, State Bank of India's research division said on Wednesday

India's fuel sales recover from June lows, still lower than last year

Domestic fuel sales by Indian state refiners recovered in the first half of June due to the easing of coronavirus lockdowns across the country, preliminary data shows

GST dues of states not cleared as claimed by FM, alleges Chidambaram

Former Finance Minister P. Chidambaram has alleged that contrary to claims of Finance Minister Nirmala Sitharaman, GST dues of Congress-ruled states Rajasthan and Chhattisgarh are yet to be cleared.

Twitter loses intermediary status over non-compliance with new rules: Rpt

Sources further said that Twitter is the only social media platform among the mainstream that has not adhered to the new laws

India-UK trade deal: Two willing partners and a host of hurdles in between

India-UK trade deal: While Britain isn't as attractive as the gateway to European markets post Brexit, law firms and CAs will be reluctant to let UK firms get a toehold in their sector in India