Page 1449 - Economy & Policy News

$1-bn outflows: FPIs turn wary of India on worsening coronavirus crisis

Covid-19, US yields, dollar to weigh on equity flows in the near term

Despite grim outlook, fiscal stimulus unlikely for India Inc this year

"The impact on GDP would not be significant due to lockdowns in some states and the estimates made in the Budget have been conservative," said another government official

US currency list move an intrusion in RBI policy space: Commerce secretary

The commerce secretary said he expects robust growth in exports in the current fiscal year

Cabinet gives ex-post facto approval for amendments to Finance Bill, 2021

The amendments were aimed at clarifying and rationalising tax proposals for 2021-22.

Govt approves subsidy policy for urea produced through coal gasification

Cabinet approved an exclusive subsidy policy for urea produced through coal gasification by Talcher Fertilizers Limited.

States seek clarity on Covid vaccine price as they gear up for phase 3

Limited supply of vaccines could scupper move to open up vaccination to 18-plus

EPFO net new enrolments grow nearly 20% to 1.2 million in February

This provides a perspective on formal sector employment amid the coronavirus pandemic.

Loan moratorium: Centre asks banks to foot 'interest on interest' bill

Banks have been told that they can also adjust the amount against future liabilities for all accounts

Icra cuts its FY22 GDP estimate by 0.5%, sees economy expanding by 10.5%

The agency now expects the economy to grow 10-10.5 per cent in 2021-22, against the 10-11 per cent estimated earlier.

2021 will not be about Covid despite second wave: Nirmala Sitharaman

FM says Rs 4,650 crore being given to two vaccine makers in India to ramp up capacity; adds 100% advance paid top them for the next few months

Crude oil refinery output falls 11% in FY21 on Covid-led demand destruction

Crude oil and natural gas production also declines

India's crude oil output drops 5%, gas production falls 8%: Govt data

Private and public sector firms produced less

Second wave of Covid-19 to delay full recovery for apparel players to FY23

The full recovery for Indian apparel players is likely to be delayed to 2022-23: report

Container shortage eases, waiting time at ports down: Govt official

The shortage of containers has been eased with 58 per cent additional exports being managed in March year-on-year

Localised lockdowns already hitting economic activities: Report

Power consumption and e-way GST bill collections are already down

Need complete trust between industry, govt to sustain growth amid Covid: FM

FM addressed a seminar organised by the Merchants' Chamber of Commerce & Industry

Can't understand US move to put India on currency watchlist: Commerce secy

Anup Wadhawan asserts RBI is not accumulating reserves and its activity in forex market is 'perfectly balanced'

Suburban train services hit in WB: 90 drivers, guards test Covid positive

Eastern Railway on Tuesday said it has so far cancelled 56 local trains in the Sealdah section after around 90 drivers and guards tested positive for Covid-19

Education reforms based on data can cut govt spending by Rs 1.5 trn: Study

The government can sharply reduce education spends by paying heed to the research findings by two Indian economists

How GIC's ownership problem is keeping insurance biz from growing up

Government shareholding and preferential regulation have skewed the reinsurer's efficiency and, by extension, that of the non-life insurance industry's too