Page 1480 - Economy & Policy News

CPI inflation averages 3.9% during Oct 2016-Mar 2020, says report

The monetary policy committee headed by the RBI Governor is set to revise the policy framework and inflation targets by March 31

India looks to greater participation from Japan in PLI scheme: DPIIT Scy

The key sectors covered under the scheme include telecommunication, food processing, medical devices, automobile and its components, textiles and solar PV modules

Share of wages in industry GVA is highest since 1992-93, shows data

Imputed cost of finance to industry rose, share of profits in GVA fell in 2018-19

Indian students heading back to foreign universities, shows data

Those expenses were only a little lower than what they spent in August-September 2019 -$998 million

NITI Aayog submits first list of about 12 PSUs for privatisation

Banks, insurers part of the list as process kicks off

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