Page 1476 - Economy & Policy News

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

India helped over 150 countries during Covid-19: Piyush Goyal

India has done its best to help the world during the Covid-19 crisis under the dynamic leadership of Prime Minister Narendra Modi, Goyal said

Govt to put in place safeguards to prevent data misuse: Draft e-comm policy

The government would lay down principles for usage of data, according to a draft national e-commerce policy

Indian economy looking at 'V-shaped' recovery, says Anurag Thakur

There are green shoots visible in various sectors of the economy and the country is already looking at a 'V-shaped' recovery, Minister of State for Finance and Corporate Affairs Anurag Thakur said

Civil aviation min working on demand to bring jet fuel under GST: Kharola

ATF or jet fuel cost in India is among the highest in the world and the industry has long been demanding that it should be brought under GST regime

Retail inflation jumps to 3-month high of 5.03% amid rise in fuel prices

Food inflation rose to 3.87 per cent from 3.11 per cent over this period.

India's industrial output slips back into negative territory in January

Industrial output shrinks 1.6% in January

Low premiums on parts of Indian credit prompt calls for RBI help

Spreads on five- and 10-yr rupee corporate bonds diverging