Page 1600 - Economy & Policy News

India's wearables market soars by 165% in the third quarter: IDC

The average price of true wireless stereo, commonly known as earbuds, has dropped by 48.6 per cent from last year

Govt plan to set up bio-gas plants will boost bamboo production: IBF

Oil Minister Dharmendra Pradhan has said that India will see an investment of Rs 2 lakh crore in setting up 5,000 plants that will produce gas from bio and crop wastes by 2023-24

Indian economy exhibited stronger pick up than expected: RBI Governor

Shaktikanta Das said that monetary policy guidance in October emphasised the need to see through temporary inflation pressures

Exiting RCEP may backfire as India could lose market share to trade bloc

Modi pulled out of what's now the world's largest free-trade agreement to appease farmers and touted the exit as a victory for India's poor

Small traders likely to feel the pinch as govt bans 43 mobile apps

Small to medium businesses key user base of logistics and transport apps Lalamove and Drive by Lalamove

PM suggests state-specific export plan; reviews projects worth Rs 1.41 trn

In the previous 32 such meetings, a total of 275 projects worth Rs 12.5 lakh crore have been reviewed, along with 47 programmes/schemes and grievances across 17 sectors that were taken up

UP govt approves ambitious Ganga Expressway project worth Rs 36,402 cr

The Cabinet also approved a district-wise alignment of the Expressway, an official release said on Wednesday

A look at the likely changes in US-India energy ties as Biden takes charge

India's position as the third largest importer of US crude is more a political statement of friendship between New Delhi and Washington DC, and comes at a cost

Amaravati land scam case: SC stays Andhra Pradesh HC's gag order to media

The Supreme Court Wednesday stayed the Andhra Pradesh High Court direction restraining the media from publishing news regarding an FIR lodged on alleged irregularities in land transactions in Amaravati.

Govt to infuse Rs 2,000 cr in NIIF debt fund in FY21 for infra development

Union Cabinet approves Rs 6,000-cr fund over two years; this year's allocation to come if there is demand

After festive season, price hikes: Everyday items may get out of reach

Commodity inflation to hurt consumers and businesses. Property developers may hold price lines, but others may not

FinMin, Sebi look to ease curbs on NRI investment through FPI route

NRIs who aren't tax residents in India can invest in India-focused offshore funds via the FPI route

India gears up for farmer protest, trade union strike on Thursday

The police had on Tuesday said legal action would be taken against the protesting farmers if they come to the city for any gathering amid the Covid-19 pandemic outbreak

Kerala, West Bengal opt for Centre's special GST compensation window

That leaves only Punjab, Jharkhand and Chhattisgarh, which are yet to agree to the Centre's proposal

IBBI proposes mechanism to allow withdrawal from voluntary liquidation

The process to rescind would be the same as was followed to initiate it - approval by a special resolution, passed by members or partners

FinMin asks ministries to limit spending as per revised targets amid Covid

The Budget meetings for fixing Revised Estimates for 2020-21 and Budget Estimates (BE) for 2021-22 were held between October 16 and November 12

India 4th major host of greenfield FDI projects during 2004-2015: Report

The paper said while the People''s Republic of China (PRC) has already emerged as one of the world''s largest and most important economies, India is likely to do so over the coming decades

At 34,336 MT, cargo handled at Bengaluru airport in Oct hits 26-month high

Growth in tonnage led by e-commerce and perishable goods, builds on recovery in freight movement in September

Top headlines: Govt bans local lockdowns, HDFC Bank m-cap hits Rs 8-trn

HDFC Bank became the first bank in the Indian history to cross the Rs 8-trillion, Union Cabinet nod to LVB merger with DBS, and more top headlines of the day

India's crude steel output rises 0.9% to 9 MT in October: Worldsteel

The country had produced 8.981 MT crude steel during the same month last year