Page 1474 - Economy & Policy News

Asset monetisation target for states may be set at Rs 3 trillion

Central ministries given a target to monetise assets worth Rs 2.5 trn over 3 years

Investors see more sheen in paper gold this year amid lower prices

So far, FY21 has seen sale of 32.4 tonnes worth of sovereign gold bonds and 13 tonnes of exchange-traded funds

US stimulus effect to be felt beyond its shores

The package takes pandemic-related spending in the US to over $6 trillion since the start of the crisis.

Finmin asks Sebi to make greater disclosure in the annual report

Ministry put out a new rule through a gazette notification

India FX reserves surpass Russia's to become world's 4th biggest

Reserves for both countries have mostly flattened out this year

PM Narendra Modi urges people to post views for 'Mann Ki Baat'

Modi on Sunday appealed people to share their views, ideas and interesting topics from across India for this year's third 'Mann Ki Baat' radio programme

Central government plans to sell residual stake in four airports

The Central government aims to sell its residual stake in four airports as part of the asset monetisation pipeline

UP's public debt to rise Rs 6.11 trn in FY22, driven by Covid-19 impact

Topping the debt is market borrowings of more than Rs 4.18 trillion by the state government and its agencies.

Modi's next election play is ensuring clean water in all 192 mn rural homes

Programme aims to supply at least 55 litres of potable water to each person per day by building new pipelines.

DPIIT to hold meetings with industry, trader bodies on FDI in ecommerce

DPIIT will hold a host of meetings with industry and trader associations this month on issues pertaining to foreign direct investment in the e-commerce sector, an official said.

DGCA monitoring 737 Max performance, re-certification to take time

The approval for Boeing 737 Max operations in India may take some more time as the regulator is closely monitoring the aircraft's performance

ONGC's share in India's oil, gas production rises to 70% from 53%

State-owned ONGC has actually seen its contribution to the national production jump to over 70% from under 53% a decade back

Govt to sell remaining stake in Delhi, Mumbai, B'lore, Hyderabad airports

MoCA will obtain requisite approvals for divestment of equity stake of AAI in the respective JVs running the airports, say sources

India's move to deter digital monopolies may hit Amazon, Walmart

The latest draft e-commerce rules build on laws that curb the two US companies from offering deep discounts, deter exclusive arrangements with preferred sellers

Draft e-comm policy calls for 'equal treatment' of sellers by marketplaces

This is not the time that the government is emphasizing fair competition in the e-commerce space

Sustained economic growth key to India's future: NITI Aayog CEO

NITI Aayog CEO Amitabh Kant on Saturday said India's power is truly represented by its sustained economic growth

Charging point at every 3 km will pave way to make Delhi EV capital: Gahlot

The government has already floated a tender to build 100 public charging stations with 500 charging points at prominent locations

Chief Economic Advisor Subramanian bats for growth over inflation

Subramanian on Saturday has said that the country requires growth at this juncture

Tirupur knitwear industry calls for a strike on Mon over rising yarn prices

The knitwear industry went also on a strike in 2010 when yarn prices shot up suddenly

India's fintech industry seen at $150-160 bn by 2025: FICCI-BCG report

The report details the findings from the study that BCG and FICCI undertook to size the value-creation potential and identify imperatives for India's fintech growth