Page 1454 - Economy & Policy News

Second Covid-19 wave poses threat to India's economic recovery: Moody's

Given the focus on "micro-containment zones" to deal with the latest wave of infections, as opposed to a nationwide lockdown, the impact on economic activity will be less severe than that seen in 2020

Rising Covid-19 infections may hit RBI's inflation maths, say experts

Consumer price index (CPI)-based inflation rose to 5.52 per cent in March, from 5.03 per cent in February. Core inflation was at 5.7 per cent.

Negotiations on India-EU trade deal to resume next month: FM Sitharaman

Sitharaman on Tuesday said resumption of formal negotiations on India-EU trade deal during the leadership summit next month would help further strengthen ties

Google tax collection nearly doubles in FY21; Bengaluru tops the list

India's information technology hub Bengaluru accou­nted for half of the overall equalisation levy mop up at Rs 1,020 crore

Spectrum can be transferred but not without settling dues, says NCLAT

Since the questions posed by the apex court has been dealt with by the tribunal now, the appeals by the DoT will be heard by the NCLAT on April 26

Survey shows 59% firms in India intend to give salary increments in 2021

A study has shown that 59 per cent of companies in India are intending to give salary increments to their employees in 2021

Four in five urban Indians changed shopping habits during pandemic: Report

It's fresh fruits and veggies over junk, surge in alcohol consumption

Virus second wave: Goldman Sachs lowers growth forecast, Nifty target

Wall Street brokerage Goldman Sachs has flagged a slew of concerns on the surging COVID-19 caseload that has been hitting new records everyday, coupled with the rising lockdowns

India, France explore ways to strengthen cooperation in Indo-Pacific

India and France explored ways to strengthen cooperation in the Indo-Pacific, including under a trilateral mechanism with Australia to address emerging challenges in the maritime and space domains.

India looks forward to talks for investment pact with EU, says Goyal

India is keen to advance talks with the European Union (EU) towards an agreement on investment facilitation and protection for mutually beneficial outcome: Goyal

New BIS license: Govt announces 50% rebate for start-ups, others

The government on Tuesday slashed the annual marking fee to get a new BIS license and certification

Haryana, Odisha submit annual action plan under Jal Jeevan Mission

Every rural household in Haryana will get tap water connection by November 1, 2022 while Odisha will achieve the same by 2024, according to the Jal Jeevan Mission (JJM) annual action plan

E-marketplace for marine products to raise farmer income: Piyush Goyal

Launching e-Santa, the minister said the platform will change the traditional way of carrying out business on word-of-mouth basis and will make the system more formal and legally binding

Demonetised currency notes worth Rs 48 mn seized in Tamil Nadu's Sivaganga

The police on Monday seized Rs 48 million in demonetised currency notes from Kalayarkoil area of Tamil Nadu's Sivaganga district

Monetisation drive: Holdco for infra assets divides policymakers

A similar proposal is being considered for other infrastructure assets with other government departments

Digital payments grew by 76% in the past 12 months: Razorpay report

Tier-2 & 3 cities and towns continued to contribute over 50% of all online transactions

Petrol usage in India jumps 27% to four-month high, shows data

Motor fuel demand rose to 88,380 tons per day last month, the highest level since November last year, according to official data.

India to see 'k-shaped' recovery as inequalities grow: ex-RBI governor

Duvvuri Subbarao says policymakers have limited to help the economy as India battles a second wave of Covid-19 cases.

March inflation rises to four-month high of 5.52% due to food, core prices

The development may prevent RBI's monetary policy committee from cutting policy rates unless growth really takes a hit due to regional lockdowns in 2021-22, experts say

Feb factory output shrinks 3.6% in sharpest contraction in six months

The cumulative decline during April-February (2020-21) was 11.3%, compared to a growth of 1% during the same period a year ago