Page 1546 - Economy & Policy News

MP, IIM Indore sign MoU to help industries do business with ease

The Madhya Pradesh government and the Indian Institute of Management Indore on Friday signed an MoU to help industries in the state do business with ease.

TPCI urges govt for flat 5% GST on all processed food items to spur growth

The Trade Promotion Council of India (TPCI) on Friday urged the government for a flat 5 per cent Goods and Services Tax (GST) on all food processed items to spur the growth of the sector.

Battery storage cheaper than new coal power plants in TN: Analysis finds

Renewable energy along with battery storage in Tamil Nadu is cost competitive with new coal power plants, the analysis has found

Power demand at all-time high of 187.3 GW: Power Minister R K Singh

This highlights the growing strength of the economy, Singh said

Attractive LNG prices to boost India's plan on gas-based economy

India's efforts to build a gas based economy is set to get a boost from the falling spot LNG prices

Budget 2021: Govt stares at revenue shortfall of Rs 7 trn this fiscal year

Revenue from disinvestment has been Rs 17,958 crore this financial year, against a target of Rs 2.10 trillion

Budget Byte: Expenditure on urban projects needs to reach pre-Covid levels

In the current financial year, the flow towards capex has slowed down a bit, due to the need to spend financial resources elsewhere

Budget 2021: Go for bond, not cess to fund Covid expenditure, say experts

The amount raised through these bonds would not be high since domestic borrowing will exert pressure on yields.

Economy getting over pandemic, growth headed for 'glorious summer': RBI

Labour market conditions are improving with a gradual pick up in employment, says central bank in January Bulletin

Telcos miffed about new communication security certification rules

Say new security testing norms for mobiles, telecom equipment will increase costs

Other occasions when Centre pulled back on farm issues due to public ire

The proposal to put on hold the three farm acts for a year or thereabouts is just the latest in a string of pull-backs by the govt during the past six years or so. Read on

Net payroll addition declines in line with other macroeconomic data

After looking up for two months since lockdown was eased in September, various data point to slowing down of the economy in November

Govt can look to provide tax deduction for employees working from home: PwC

Following the outbreak of COVID pandemic early last year, many companies adopted a work from home policy for their employees.

Indian exports likely to lose edge on rising rupee, says RBI study

Study suggests absorbing inflows to avoid this; effective exchange rate index revamped

India's tech industry hails Joe Biden's stand on immigration, H-1B rules

Trump admin had placed several curbs and made unfavourable changes to the H-1B visa rules. Biden has either withdrawn or frozen some of these provisions

Iraq cuts crude oil supplies for most Indian refiners in 2021: Report

Iraq was the top oil supplier to India in 2020 and a reduction in long-term Basra crude supplies could erode Baghdad's market share in the world's third largest oil importer and consumer

Goa suffering badly due to halt in mining, drop in tourism: State minister

Mining, the backbone of Goa's economy, has come to a standstill

India Inc on recovery path; 53% firms to raise headcount in 2021: Report

India's hiring activities declined last year due to the coronavirus pandemic

RBI withdraws circulars on recovering excess payments made to pensioners

Pensioners had complained that the 'recovery of excess /wrong pension payments' was being done in violation of guidelines and court orders

RBI remains net purchaser of US dollar in November, buys $10.261 bn

The Reserve Bank of India (RBI) continued to remain a net buyer of the US currency in November