Page 1478 - Economy & Policy News

A professional for the job: G P Samanta, India's new chief statistician

Respected economist takes up job as critics keep up their doubts about official data

Commercial realty picks up but challenges remain amid Covid-19 pandemic

Companies are still working out their space needs post-pandemic before committing to rents and leases

With IDBI Bank out of PCA regime, other three may follow: Experts

On the liabilities side, these entities have made efforts to increase the share of low-cost money in current and savings accounts

Number of industrial investment proposals at record low in 2020, shows data

The proposed investment in the industrial sector is worth Rs 4.29 trillion, down 36.8 per cent from the Rs 6.79 trillion the previous year (2019).

Creating wealth, values for humanity at core of 'Aatmanirbhar Bharat': PM

Modi said on Thursday that creating wealth and value "not only for ourselves but for the larger humanity" is at the core of 'Aatmanirbhar Bharat'

Studio apartment supply falls as Covid makes people stay at home: Study

Average size of studio apartments was largest in the National Capital Region and smallest in the Mumbai Metropolitan Region, finds Anarock

India's February fuel demand falls to five-month low over surge in prices

On a monthly basis, demand slipped by 4.6%

I&B minister discusses new rules with digital news media organisations

'Held an interaction with Digital News Publishers Association today. They welcomed the new rules and offered few suggestions which I have noted,' said Prakash Javadekar

Govt okays 33 API applications with Rs 5k cr investment under PLI scheme

In total, 215 applications have been received for the 36 products spread across the 4 target segments, the Ministry of Chemicals and Fertilizers said in the release

Passenger vehicles likely to see higher revenue growth next fiscal: Report

Passenger vehicles and two-wheeler dealers in the country are expected to see higher revenue growth and profitability in the next fiscal, the report said

Outlook negative for power discoms due to falling revenues: ICRA

The outlook for electricity distribution segment remains negative with continued weakness in financial position of most state-owned discoms, according to a report by ICRA

LPG consumption up 7.3% despite price rise: Oil companies

Usage among the PMUY beneficiaries, who are mostly poor rural households, jumped near 20 per cent

Cement industry expected to grow 13% by volume in FY22: Crisil Ratings

The cement industry is set to hit a decadal high volume growth of 13 per cent in the next fiscal

With eye on China, 'Quad' nations to tie up in rare earths: Report

The US, Japan, India and Australia will work together to secure rare earth metals that are essential to the production of electric car motors and other products, the report said

Double digit GDP growth expected in FY22 as economy gathers pace: Report

As economic activities gather pace and investor sentiments revive, GDP growth is likely to enter a double-digit growth trajectory and may grow at more than 11 per cent in the next financial year

Nudged by markets, RBI accepts yields at near-market level in OMO

Since August, the central bank has tried to keep the 10-year yields below 6 per cent.

Gig workers in search of a code as India's IT industry boosts opportunities

India's IT industry has the largest base of independent contractors in the world, but they remain outside the purview of labour regulations

Slum households still using polluting fuels despite govt's LPG push: Study

Policy group CEEW says government scheme 'must target poor households' to move to LPG.

Logistics policy to go to Cabinet for approval, aims to ease goods movement

Indian industry pays a high logistics cost, hurting the competitiveness of domestic goods in the international market.

Insurers may soon be able to launch covers without regulator nod

In 2019, there were 439 actuaries and in a year, that number has gone up by just 19