Page 1576 - Economy & Policy News

No amount of govt intervention adequate for pandemic-hit economy: FM

Sitharaman said that while in early 2020 green shoots and revival signs of the economy were visible, it was upset with the pandemic setting in

India plans $60 bn investment in gas infrastructure until 2024: Pradhan

Currently, gas accounts for 6 per cent in the country's total energy mix

India wants a V-shaped recovery at any cost. But what will RBI do?

How RBI manages recovery demand against threats to financial stability from cheap money may be a more important story for India investors in 2021 than the standard growth versus inflation trade-off

India making efforts to deregulate economy to get better investments: Goyal

The government is making efforts to deregulate the economy with an aim to attract greater investments from across the world, Commerce and Industry Minister Piyush Goyal

Cooking gas price up Rs 50, aviation turbine fuel rises by a steep 6.3%

Non-subsidised LPG price was increased to Rs 694 per 14.2-kg cylinder from Rs 644 earlier

SBI Research ups projections for economy, narrows GDP contraction to 7.4%

Deloitte says recovery depends on vaccine, spread of Covid cases

Banks should focus more on cash-flow based lending, says RBI Governor

In this regard, credit bureaus and the proposed Public Credit Registry (PCR) framework can improve the flow of credit as well as credit culture in the country, according to the governor

India slips a spot in UN's human development index, ranks at 131 now

Human Development Index is the measure of a nation's health, education, and standards of living.

India has been transparent in its forex intervention: US Treasury

The reason why India was put on the half yearly monitorin list along with nine others, was that it had a 'material' current account surplus and engaged in 'persistent, one-sided intervention'

Govt's check on telco gear makers to hit Chinese equipment companies

Telecom service providers mandated to buy equipment from 'trusted sources'

5G kept out of the offer as Cabinet okays telecom spectrum auction

The auctions are slated to be held in March 2021 and the notice inviting applications is expected by the end of this month

Amid farm stir, Centre approves Rs 3,500-crore sugar export subsidy

Sugarcane farmers to get the amount directly into their bank accounts

After payments, WhatsApp to roll out insurance and pension products

The messaging service app, backed by tech giant Facebook, is working in collaboration with financial institutions on pilots of micro insurance, and micro pension products

Pent up demand for residential properties to drive sales for few more qtrs

Both developers and fund managers believe that residential has rebounded better than commercial properties

Winding down liquidity to be challenge for RBI going forward: Subbarao

Ex-RBI governor says road map for fiscal consolidation starting 2022 would be prudent. Though expansionary fiscal policy is a pressing need, govt spend on health and education would benefit economy

RBI has preserved financial stability of economy during Covid: Subbarao

Former RBI Governor D Subbarao said that managing a crisis of this scale is extremely difficult

India to name 'trusted telecom sources', may blacklist Chinese vendors

The committee will declare a list of trusted sources and products for telecom service providers

Indian wealth-tech segment to be $60 bn opportunity by FY25: Report

Indian wealth-tech market is expected to grow three times by FY25

Under the shadow of Covid-19 pandemic, inflation bites India the hardest

Though inflation levels in India are incomparable with developed countries and emerging peers, the noticeable dip during lockdown that happened in most countries eluded India

Trade imbalance causes container shortage; freight rates hit the roof

Fall in imports from China leads to shortage of containers hurting shipping lines, importers and exporters