Page 1513 - Economy & Policy News
Top headlines: RBI buys bonds, Tatas outdo Sensex under Chandrasekaran
The Reserve Bank of India (RBI) bought about Rs 26,000 crore of bonds from the secondary market anonymously on February 12, a day after it bought Rs 20,000 crore as part of its announced OMOs
 "Top headlines: RBI buys bonds, Tatas outdo Sensex under Chandrasekaran")
UP to export 20 tonnes of 'Kala Namak' rice to Singapore by March end
The consignment will be sent to Singapore from Siddharth Nagar by the end of March this year
 "UP to export 20 tonnes of 'Kala Namak' rice to Singapore by March end")
Ahmedabad-Mumbai Tejas Express skips Andheri halt, WR probe on
The Ahmedabad-Mumbai Tejas Express on Sunday skipped its halt at Andheri station, inconveniencing 42 passengers who had to alight there, Western Railway officials said.
 "Ahmedabad-Mumbai Tejas Express skips Andheri halt, WR probe on")
Statsguru: Seven charts explain India's tryst with cryptocurrencies
Bitcoin, which commands more than $50,000 on any exchange today, was founded anonymously in 2009
 "Statsguru: Seven charts explain India's tryst with cryptocurrencies")
Kolkata Port sails on asset monetisation, intends to expand portfolio
India's oldest port has been leasing its vast land bank for decades. With the Budget announcing plans to monetise public assets, it intends to expand its portfolio and extend to non-land assets, too
 "Kolkata Port sails on asset monetisation, intends to expand portfolio")
Land policy delay hurdle to Container Corporation sale, says panel
Railway ministry denies charge, says divestment planned for next year
 "Land policy delay hurdle to Container Corporation sale, says panel")
RBI scoops up Rs 26,000-crore bonds anonymously in a single day
This shows that contrary to what the bond market says, the RBI is pumping in enough liquidity in the system
 "RBI scoops up Rs 26,000-crore bonds anonymously in a single day")
To be world leader, private sector must be key driver of growth: Sitharaman
Sitharaman underlined that the nation's growing and aspiring needs and demands across various sectors cannot be served just by state government and central governments put together
 "To be world leader, private sector must be key driver of growth: Sitharaman")
Net payroll addition cruises after falling for two months, shows data
Net payroll addition rose to 12.5 trillion in December from 8.7 trillion in the previous month
 "Net payroll addition cruises after falling for two months, shows data")
West Bengal to cut taxes on petrol, diesel price by Re 1 per litre
State finance minister says decision taken despite Amphan, Covid stress and dues from Centre running into Rs 77,000 cr, will bring marginal relief especially to farmers who use diesel
 "West Bengal to cut taxes on petrol, diesel price by Re 1 per litre")
Govt profiteering off people's misery: Sonia Gandhi to PM on fuel prices
In a letter to Modi, she said the truth is that as GDP nosedives, the prices of gas, diesel and petrol continue to rise unchecked
 "Govt profiteering off people's misery: Sonia Gandhi to PM on fuel prices")
Piyush Goyal dedicates series of projects for rail infrastructure in WB
The Union Minister of Railways Piyush Goyal on Sunday has dedicated series of projects for the development of rail infrastructure in poll-bound West Bengal.
 "Piyush Goyal dedicates series of projects for rail infrastructure in WB")
As fuel prices soar, Bengal govt reduces tax on petrol, diesel by Rs 1
The West Bengal government on Sunday announced a reduction of tax by Re 1 per litre on petrol and diesel effective from midnight.
NMDC Donimalai mine ops to improve domestic iron ore supply: Experts
Resumption of mining operations at the Donimalai mine will improve iron ore supply in the country and help ease prices of the key steel making raw material, experts say.
 "NMDC Donimalai mine ops to improve domestic iron ore supply: Experts")
Global IoT semiconductor component market to hit $80 bn in 2025
The global Internet of Things (IoT) semiconductor component market will grow at a compound annual growth rate of 19 per cent from $33 billion in 2020 to $80 billion in 2025, said a new report
 "Global IoT semiconductor component market to hit $80 bn in 2025")
448 infra projects report cost overrun of Rs 4.02 trn; 539 behind schedule
The report however, noted that the number of delayed projects decreased to 401, if delay is calculated on the basis of latest schedule of completion
 "448 infra projects report cost overrun of Rs 4.02 trn; 539 behind schedule")
Start-ups in edtech, logistics, gig economy to drive jobs in 2021: Report
90% of companies surveyed say they will be hiring at the same pace as pre-Covid period
 "Start-ups in edtech, logistics, gig economy to drive jobs in 2021: Report")
States' GST revenue shortfall may be lower by up to Rs 40,000 cr this FY
The centre had set up a special window to borrow funds and pass on to the states for meeting the Rs 1.10 lakh crore GST revenue loss
 "States' GST revenue shortfall may be lower by up to Rs 40,000 cr this FY")
448 infrastructure projects show cost overruns worth Rs 4.02 trillion
The Ministry of Statistics and Programme Implementation monitors infrastructure projects worth Rs 150 crore and above
 "448 infrastructure projects show cost overruns worth Rs 4.02 trillion")
GIFT City: Modi's plan to make a Singapore in Gujarat has fallen flat
Investors aren't coming to India's new international financial center, built on a patch of wilderness in the PM's home state
 "GIFT City: Modi's plan to make a Singapore in Gujarat has fallen flat")