Page 1579 - Economy & Policy News

Reserve Bank of India unlikely to let rupee appreciate much: Experts

Excess liquidity and cheap rates could be causing some systemic problem for the future, experts have started to warn

FSDC deliberated on challenges in transition from Libor-based contracts

In a meeting, chaired by FM Sitharaman, it noted that a multi-pronged strategy involving relevant stakeholder institutions and departments is required in this regard

Single window system for approvals likely from March: Piyush Goyal

Goyal said government policies are towards easing compliance requirements of the industry and making everything digital and online

As bitcoin rally roars, Indian banks look to cash in on opportunities

Many exploring options of accepting crypto currencies as collateral

Budget will focus on infra to revive economic growth: FM Sitharaman

Recognising that this is an unusual year, borrowing has been kept at levels so that the government can quickly put the money back in projects, Sitharman said

Exports decline for second month in a row, trade deficit at ten-month high

Exports fell sharper at 8.7% in November from 5.1% in October, as demand remained muted in major overseas markets due to Covid-induced lockdowns

Cabinet may consider proposal to offer Rs 3,600 cr sugar export subsidy

This proposal will be considered as part of the govt efforts to help clear outstanding dues to sugarcane farmers, according to sources

Restarting stalled mines can help achieve $5 trn economy target: Agarwal

Metals and mining magnate Anil Agarwal on Tuesday said around 500 mines in the country are currently not operational due to various disputes

High-level FSDC deliberates on measures to accelerate growth momentum

The FSDC is the apex body of sectoral regulators, headed by the finance minister

Allow insurance, pension funds to invest in lower-rated debt: SBI chief

Dinesh Kumar Khara says this is needed to ensure money flows into infrastructure, as is the case across the globe

Govt extends deadline for completing GST anti-profiteering probe

The government has extended the deadline till March 31

DPIIT making efforts to provide single window system for approvals: Goyal

A single-window system for approvals and clearances would help industry reduce their compliance burden

Demand for chemicals, petrochemicals to grow 9% a year: Fertiliser minister

Chemicals and Fertilisers Minister D V Sadananda Gowda said the size of the industry is likely to grow to $300 billion by 2025

Foreign direct investment into India continuously growing: Piyush Goyal

The country has one of the most facilitative policies to attract overseas investors, the commerce and industry minister said

India is the world's best market for portfolio disclosure, finds study

The report covering 26 markets across North America, Europe, Asia and Africa singled out Australia as a notable laggard

Weekly economic indicators: Delhi emissions slip, Mumbai traffic improves

Workplace visits are rising again

RoDTEP rates not decided, MEIS for exports may continue till end-March 2021

Any registered user under GST who wishes to generate IRN needs to register on e-invoice system using his GSTIN

CII says farmers' blockade likely to impact India's economic recovery

In a statement, the apex industry body said around two-thirds of consignments in transit are taking 50 percent extra time to reach destination in Punjab, Haryana, Rajasthan and Delhi-NCR

November WPI inflation at nine-month high even as food prices moderate

Onion, which bore the brunt of rising inflation rate in recent months, saw deflation or fall in prices in November at 7.58%

Farmers' protest: Govt likely to seek Cabinet nod for MSP assurance

Union leaders sit on Day-long fast; Kejriwal says laws will lead to inflation