Page 1468 - Economy & Policy News

Data discrepancy obstructing rehabilitation of manual scavengers

Govt introduced the Self Employment Scheme for Rehabilitation of Manual Scavengers (SRMS) in 2007 to aid the rehabilitation of 'former' manual scavengers transitioning to other occupations

Gold imports slip 3.3% to $26.11 bn in Apr-Feb, jewellery exports fall 34%

India is the largest importer of gold, which mainly caters to the demand of the jewellery industry

Potato prices crash 50% to Rs 5-6 per kg in both producing, consuming areas

Potato prices in both producing and consuming areas across India have crashed 50 per cent to Rs 5-6 per kg this year on account of good rabi (winter) crop, as per the government data

Cargo traffic at 12 major ports falls for 11th month in Feb; down 7%

India's top-12 ports witnessed considerable decline in cargo traffic for the eleventh straight month in February to 600.62 million tonnes (MT), according to ports' apex body IPA

Amid outflows globally, FPIs invest Rs 8,642 cr in Indian markets in March

Prior to this, overseas investors had invested Rs 23,663 crore in Indian markets in February and Rs 14,649 crore in January, on a net basis

IMF sees signs of stronger global recovery, but significant risks remain

IMF First Deputy Managing Director Geoffrey Okamoto said that in early April the Fund would update its January forecast for global growth of 5.5% to reflect additional fiscal stimulus spending in US

EPFO's net new enrolments up 28% to 1.3 million in January 2021: Data

Net new enrolments with retirement fund body EPFO grew 27.79 to 13.36 lakh in January compared to the same month in 2020, according to the payroll data released on Saturday

Govt to set up empowered panel for manufacturing in high technology area

The move is expected to facilitate investments and promote manufacturing in technology intensive sectors including semiconductors

Twenty states implement ease of doing business reforms: Finance Ministry

Union Finance Ministry on Saturday informed that twenty states have completed the 'Ease of Doing Business' reforms stipulated by the Department of Expenditure

RBI hits out at bond vigilantes for risking 'nascent' recovery

In its state of the economy report, the central bank urged the local investors to help it ensure an 'orderly evolution of the yield curve'

Delhi-Mumbai Expressway will be different, with smoother ride and long life

NHAI is deploying a new bitumen technology to increase its longevity

Covid-19 test in Mumbai malls; tighter norms for halls and offices

Auditoriums, private offices to operate at 50% capacity in Maharashtra

Vehicle scrapping policy: Experts say scheme not sales bonanza for firms

Actual number of vehicles available for scrapping 'a fourth of govt estimates'

RuPay set to expand credit card business in India, take it to masses

Introduced 9 yrs ago, the indigenous card payment network has cornered a sizeable market share, thanks to govt push

FM asks advanced economies to scale up climate change financing commitments

Sitharaman on Friday urged advanced economies to scale up their climate change financing commitments and help emerging countries build climate resilient infrastructure

NRI investment on non-repatriation basis to be treated as domestic: DPIIT

Investment by non-resident Indians (NRIs) on non-repatriation basis in an Indian company will be treated as domestic investment for the purpose of calculating indirect overseas inflows, according to a DPIIT press note.

Centre will have to put more funds into public sector banks, says RBI

Governance reforms and action plans to enhance operational efficiency and customer services are integral for recapitalisation

Households saved less in Q2, spent on discretionary items: RBI bulletin

The flip-flop in flows of financial savings was not very different in advanced economies, where net financial savings rose sharply in Q1 and declined in Q2

Centre, Delhi govt spar over 'doorstep delivery of ration' scheme

The ruling AAP has vociferously opposed the Bill, with Chief Minister Arvind Kejriwal saying that the struggle against the legislation will continue.

Summer crop acreage sees 15.34% growth over last year, shows data

Sowing for these crops largely starts around March and the crop is harvested in June to coincide with the advent of the southwest monsoon.