Page 1495 - Economy & Policy News

New social rules make it tougher for small players to compete: Experts

The new rules, announced last week, distinguish between 'social media intermediaries' and 'significant social media intermediaries'

KTR appeals to BCCI to include Hyderabad as one of the venues for IPL 2021

TRS working president KTR made an appeal to the BCCI and Indian Premier League (IPL) office bearers to include Hyderabad as one of the venues for the upcoming edition of the league.

10 mn more free LPG connections in 2 yrs, easier access planned: Oil secy

The free LPG connection scheme is one structural reform of the Modi government that has been internationally acclaimed for ridding indoor household pollution and improving women's health.

India's crude steel output grows 7.6% to 10 MT in January: Worldsteel

India registered a growth of 7.6 per cent in crude steel production at 10 million tonne (MT) in January 2021, according to World Steel Association (worldsteel)

Bringing petroleum products under GST will be a good move, says CEA

He, however, said the decision will have to be taken by the GST council

India's coal import declines 12% to 181 mn tonnes in April-January

During April-January 2020-21, non-coking coal import was at 119.84 MT as compared to 140.65 MT in the same period a year ago

JNPT, Deendayal ports offer cargo discounts to boost trade at Chabahar port

Chabahar Port lies outside the Persian Gulf and is easily accessed from India''s western coast, bypassing Pakistan

96% people faced drop in earnings during Covid-19 lockdown: Survey

The Centre announced a nationwide lockdown in March last year following the outbreak of COVID-19 in the country. Later, after a few months, restrictions were gradually eased in a phased manner

Recent govt reforms will bolster economic growth: Kumar Mangalam Birla

Birla on Saturday said the government has taken bold steps that will drive investment boom

Bureaucrats may misuse vast powers of new social media rules: Congress

The Congress Saturday alleged the government has brought 'non-statutory' guidelines without Parliament's assent to control social media platforms

Actively pursuing Airbus to begin manufacturing aeroplanes in India: Goyal

Goyal on Saturday said he is 'actively pursuing' Airbus to begin manufacturing aeroplanes in India

Central govt should cut its tax on fuel, says Tamil Nadu govt

The resources for state's own tax revenue is meagre, Tamil Nadu Deputy CM Panneerselvam said

Centre, Congress govt in Punjab should slash fuel prices: Harsimrat Kaur

Kaur on Saturday demanded the Centre and Congress-led government in Punjab should reduce fuel prices

We must continue to trade with China: Bajaj Auto MD Rajiv Bajaj

Bajaj said goods should be procured from wherever they are most competitively available

Ind-Ra upgrades fiscal year 2021 credit growth estimates to 6.9%

Improved economic environment in 2H FY21 helped

Four of top 5 US banks hire 25% of MBA students from IFMR business school

Despite the pandemic, average salaries are up by about 10 per cent in hiring by finance, consulting and technology giants

Non-food credit grows 5.7% in January, shows RBI data

Non-food bank credit grew at 5.7 per cent in January 2021 as against an increase of 8.5 per cent in January 2020, RBI data showed

GDP data: Farm sector maintains strong growth; full year might see a blip

While several sectors returned to growth in Q3 , agriculture was all along different. GVA in last fiscal year at constant prices was 4.3 per cent.

Inflation range of 2-6% is appropriate for monetary policy: RBI report

Even as the foreword of the report has been written by RBI governor Shaktikanta Das, the report is not the official view of the central bank

GDP grows 0.4% in Q3 after shrinking for two quarters, may fall in Q4: NSO

Imputed Q4 GDP seen falling 1.1%; Services to catch up with mfg; Tall growth of 30% in govt spending needed; Investments better than expected, show revised numbers