Page 1457 - Economy & Policy News

Vehicle registration fall 28.64% YoY in March despite low base: FADA

Dealer body warns of catastrophic impact of Maharashtra lockdown on sales

GST: Firms challenge constitutional validity of arrest rules in top court

Counsel for companies raises concerns about whether or not well accepted, judicially tested, fair and proper procedures are being followed during such arrests

Amazon digitises 2.5 mn small firms in India, enables exports worth $3 bn

Amazon top executive Amit Agarwal sees a massive opportunity to empower millions of SMBs across the country

Negative real interest rate for savers behind RBI's govt bond buying plan

Central bank acknowledges further interest cuts unlikely as a recent rollback of small savings rate cut showed.

Project RE-HAB will soon be replicated in all states, says Gadkari

Project RE-HAB will soon be implemented in different states including West Bengal, Jharkhand, Odisha, Chhattisgarh, and Assam, MSME Minister Nitin Gadkari said on Thursday.

Centre approves Rs 1,210 crore highway projects in Uttarakhand: Gadkari

The Centre has approved 28 highway projects worth Rs 1,210.17 crore in Uttarakhand, union Minister Nitin Gadkari said on Thursday.

Net absorption of office space plunges 33% in Q1 of Calendar 2021: JLL

Prolonged work from home, rapid pandemic spread cited as reasons for drop

Coal's share in India's power mix hits highest in more than two years

This year seasonal factors have limited output of renewables, including hydro electricity, which are weather dependent, helping coal's share to rebound

Hiring activities rise marginally in March, says Naukri JobSpeak Index

Hiring activities rose marginally with job listings rising to 2,436 in March compared to February this year, according to a report.

Centre, NITI Aayog working on devising long-term solution for sugar sector

The solution to the sugar Industry problem lies in any or a combo of a price stabilisation fund, the Gujarat model of payment of cane dues and increased focus on ethanol blending

Indian consumers turn more glum about future, less likely to spend: Survey

The reasons for the pessimism were deteriorating sentiments on general economic situation, income and prices, the RBI said. The current situation index had hit a record low of 49.9 in September

White goods, solar modules get Rs 10,738 crore worth of PLI push

While incentives worth Rs 6,238 crore would be provided over five years for manufacturing of white goods in India, the outlay for solar PV modules is Rs 4,500 crore

RBI commits to OMO calendar, leaves key policy rates and stance unchanged

Despite the surge in Covid-19 infections, the growth target also remained unchanged at 10.5 per cent for the fiscal, but inflation was tweaked upwards slightly

India's air passenger mkt may double by 2030 from pre-Covid level: Boeing

India's domestic air passenger market is expected to double its size by 2030 from the pre-pandemic level, aircraft manufacturer Boeing said on Wednesday

Glitch-free faceless assessment addressed industry fears: P C Mody

Of the 57,985 cases picked for assessment during its pilot last year, orders have been passed in 46,822 cases

Mudra loan sanctions in FY21 drop 21% YoY to 2.7 trn as Covid-19 weighs

The pandemic impact and subsequent lockdown leading to closure of several small units, there are concerns that NPAs under the scheme may rise

Govt likely to tweak RoDTEP scheme amid outcry over refund rates

The new scheme aims to refund to exporters the embedded non-creditable central, state and local levies paid on inputs.

PMI services expand at a slower pace in March on surge in Covid cases

The IHS India Services Business Activity Index eased to 54.6 in March from 55.3 in February, suggesting moderation in growth

BS READS: India, Pakistan and the story of lost trading potential

Pakistan's proposal of lifting the ban on cotton and sugar imports from India turned out to be a non-starter. Both countries have a compelling economic case to resume trade ties as soon as possible

Cabinet approves Rs 6,238 crore PLI scheme for air-conditioners, LED lights

Local manufacturers may delay investments in building capacity to assemble