Page 1520 - Economy & Policy News

Foreign exchange reserves decline by $6.24 billion to $583.94 billion

The country's foreign exchange reserves declined by a massive $6.24 billion in the week ended February 5

Major Port Authorities Bill to give a fillip to PSU ports, say experts

TAMP has been a multi-member statutory body with a mandate to fix tariffs levied by major port trusts under the control of the Centre and private terminals

PFC, REC score over listed PSBs; report faster growth in advances

These two term lenders are more profitable and have reported faster growth in advances than listed PSBs

Odisha CM transfers Rs 1,272 cr to bank accounts of 5.3 mn farmers

The KALIA scheme, launched in 2019 to support small, marginal and landless farmers, has earned accolades from various quarters across the nation, the CM said

Motherboard manufacturing likely to grow 6-fold to $81.5 bn by 2026: Report

Domestic demand for electronic motherboards is expected to grow by over six-fold to USD 81.5 billion by 2025-26, according to a report released by IT hardware makers body MAIT on Friday

Residential real estate bounces back after third quarter of CY2020

On a yearly basis , Mumbai, Thane and Pune saw more or less the same number of launches in CY2020

Reform measures in Budget to help India become $5 trillion economy: CEA

The reform measures announced in the Budget 2021-22 will play a big role in India becoming a USD 5 trillion economy and beyond,Chief Economic AdviserK V Subramanian said on Friday.

Lok Sabha to meet at 10 am on Saturday instead of 4 pm: Speaker Om Birla

FM to reply on Budget discussion

Privatisation not panacea for all ills: ex-RBI deputy guv S S Mundra

Fomer RBI deputy governor S S Mundra Friday said that privatisation is not a panacea for all the ills and this myth has long been busted

Centre has spent Rs 7.95 crore to bust myths about farm laws: Tomar

The Centre has spent over Rs 7.95 crore in five months till January for a publicity campaign to bust myths about the new farm laws, Agriculture Minister Narendra Singh Tomar informed Parliament.

CPI inflation eases to 4.06% in Jan; industry output grows 1% in Dec

December CPI inflation was 4.59%; the factory output in the country had contracted 1.9% in November

Hydropower dams face public anger after Uttarakhand flood tragedy

Heightened public concern about dams complicates India's plan to wean the nation off coal

India's crude palm oil import surges 45% in January: Trade body

India's crude palm oil imports in January jumped 44.99 per cent, the Solvent Extractors' Association of India (SEA) said on Friday

Highest ever spending under MNREGA during FY21: FM Sitharman

Sitharman claimed Modi-led NDA government has removed all ills from the rural-employment guarantee scheme MNREGA

FDI changes fully compliant with India's WTO commitments: Parkash

Changes made in the FDI norms last year are fully compliant with New Delhi's commitments under WTO, Parliament was informed on Friday

Budget 2021 aimed at sustainable economic growth in medium term: FM in RS

Infrastructure creation, continuing reforms, transparency of accounts are features of Budget 2021, says Nirmala Sitharaman in Rajya Sabha

Govt to consider bringing down GST on pesticides to 5% from 18%

This is part of efforts to bring parity in taxation on agro-inputs

Committed to achieving $500 bn in US bilateral trade: Ambassador Sandhu

India and the US are committed to achieving the ambitious goal of a bilateral trade of $500 billion, India's top envoy said

Post-Covid digital economy must include persons with disabilities: ILO

Digital barriers also threaten to aggravate existing inequalities and exclusion, unless they are countered with effective and targeted initiatives, as highlighted by the study

Launch urban employment guarantee scheme, Jean Dreze tells Centre

Drze said and explained that under the scheme the government should issue job stamps to the employers instead of providing funds in cash in order to eliminate corruption in the form of ghost employee