Page 1451 - Economy & Policy News

Railways approve Maharashtra's request to transport liquid medical oxygen

Railways on Sunday approved transportation of liquid medical oxygen in cryogenic tankers under its roll-on roll-off scheme across the country, after receiving a request from Principal Secretary

India's passenger vehicle exports fall 39% in FY21 as Covid hits business

Most of the damage was done in the first six months of the last fiscal when lockdowns and supply chain disruption hurt exports.

Second Covid-19 wave expected to disrupt fabric demand: Ind-Ra

Key destination countries for exports are grappling with a second wave of pandemic

Copper is the new oil: Demand for the metal expected to soar this decade

The 2020s are expected to be the strongest phase of volume growth in global copper demand in history: report

Govt notifies Rs 6k cr PLI scheme for AC, LED light manufacturing

DPIIT has notified the Production Linked Incentive (PLI) scheme for white goods -- air conditioners and LED lights, with a budgetary outlay of Rs 6,238 crore

Setting up a semi-conductor fab plant: Will India be third time lucky?

The government hopes to learn from two failed attempts in 2007 and 2013 to attract fab manufacturers to India but it's up against some stiff challenges

Govt's draft proposals tie insurance FDI hike to solvency margin

Draft proposes 180% if firms with over 49% foreign stake declare dividend

Monsoon to be 'normal' in 2021; East and Northeast may get less rain: IMD

A good rainy season will favour crops and the economy battling a second wave of coronavirus infections.

India footprint of foreign lenders: How do income & expenditure stack up

While interest earnings are the mainstay, the banks are also active in derivatives and treasury operations

Explained: How headline number won the debate on inflation targeting

Core inflation refers to inflation with price rise in fuels and food items left out.

Forex reserves surge by $4.34 billion to $581.21 billion: RBI data

This comes after it declined for two consecutive quarters

Privatisation push: Centre considers bringing PSBs under Companies Act

Changes are likely to be introduced in the Monsoon Session

RBI rejects 10-year bids, leaving short sellers scrambling for cover

Brings down yield to 6.08%, down 4 bps from last close

Trains now running at 69% of pre-Covid levels: Railway Board Chairman

This inching up of rail utilisation is due to rising demand with many passengers going back to their home towns to avoid extended lockdowns because of the resurgent pandemic

India's brutal Covid-19 wave hammers fuel sales as lockdowns spread

Sales of everything from diesel to cooking fuels dropped during April 1-15 from a month earlier

Behind India's ventilator crisis: Lack of trained staff and idle units

Oxygen makers flag concern over shortage of liquid oxygen

Most poll-bound states, save Tamil Nadu, kept testing low till elections

Covid-19 testing usually speeds up when local reports indicate a rising positivity rate. But Kerala and Assam dragged on till polls were over, while in West Bengal testing is still disastrously low

Economy better placed to meet second Covid wave with vaccination drive: CEA

Subramanian said a key factor during pandemic is the role of e-commerce and digitisation that India embraced

Big hospitality players' revenue may decline 65% in FY21: Report

The pandemic put a brake on discretionary travel and occupancy, according to a report.

Jet fuel price cut by 1% amid softening international crude oil prices

This is the second reduction in rates this month