Page 1571 - Economy & Policy News

India should now aggressively pursue FTAs with EU, UK: Trade experts

With European Union and the UK clinching a post-Brexit trade pact, India should now aggressively pursue free trade agreements (FTAs) separately with both the regions, according to experts.

Commerce min for extension of anti-dumping duty on carbon black

The move is with a view to guard domestic players from cheap imports

PM Modi defends farm laws, offers talks based on 'facts and logic'

Opposition parties pushing political agenda by opposing new farm laws, says Prime Minister at virtual event

ESIC scheme adds around 1.2 million members in October, shows data

Gross new enrolments with the Employees' State Insurance Corporation (ESIC) were 0.8 million in June

An outdated law ignores health workers' well-being amid Covid-19 pandemic

The pandemic has also exposed the lack of documentation of the state of doctors and paramedics

Pandemic pain over, sales show e-commerce to accelerate in India in 2021

E-commerce firms like Amazon, Flipkart, Myntra and others witnessed successful festive season sales this year

Centre's LPG subsidy bill likely to be lower next year, say experts

The steep fall in crude oil prices coupled with a gradual rise in the price of subsidised domestic LPG cylinders had brought relief to the Centre this year

IDBI Bank stake sale in limbo as govt faces legal hurdles in exit

The hurdle might push the government's plan to sell its entire stake in the lender to the next financial year

Industry lobby seeks clarity on draft rules under four new labour codes

New rules silent on treating benefits like medical allowance and rent free accommodation as part of wages

Bangladesh, India finalising first bilateral rice deal in 3 years: Report

India, the world's biggest rice exporter, is offering a steep discount to supplies from rivals Thailand and Vietnam to cut its surplus after a bumper harvest

RBI remains net purchaser of US dollar in October, buys $15.64 bn

The Reserve Bank of India (RBI) remained a net purchaser of the US currency in October as it bought $15.64 billion from the spot market

Robust capital expenditure by states crucial for economic recovery: RBI

The first two quarters of FY21 saw a poor focus on capex from the states' side, data showed

Economy recovering faster than expected, inflation needs to be tackled: RBI

The National Statistical Office's (NSO) end-November release showed that the Covid-19 pandemic imposed retrenchment of the first quarter was much shallower in the second quarter

Sovereign gold bond issue price fixed at Rs 5,000 per gm of gold

The issue price for the next series of sovereign gold bonds has been fixed at Rs 5,000 per gram of gold, the Reserve Bank of India said in a statement on Thursday.

Faceless assessment may put an end to people dodging income tax notices

Revenue department identifies people who have ignored notices calling for enquiry and verification of tax returns.

Kerala announces Rs 10,000 cr worth development projects in next 100 days

Months ahead of the assembly elections, the CPI(M)-led Left Democratic government in Kerala on Thursday announced Rs 10,000 crore worth development projects would complete in the next 100 days

Digital adoption helped small businesses survive pandemic: Survey

Adoption of digital means for sales helped a majority of small businesses survive the pandemic, a Crisil survey said

India launches drive against clandestine entry by Chinese firms

India has launched an offensive against Chinese companies trying to enter into security related sectors

Ind-Ra revises projection for economic contraction to 7.8% for FY21

Ind-Ra projections are close to the RBI's expectation of 7.5 per cent GDP growth rate in the current financial year

Indian economy recovering fast, growth to turn positive in Q3: RBI article

Growth will enter positive zone in the third quarter of the current financial year, said an article on the 'state of economy' in the RBI Bulletin