Page 1642 - Economy & Policy News

No foolproof anonymity: Justice B N Srikrishna on data protection

Retired Justice B N Srikrishna on Thursday said anonymous data is not foolproof and can be de-anonymised in future

Retail health segment drives surge in health insurance premiums, shows data

Group health has also done well with general insurers posting a 17 per cent growth in H1FY21

Bank credit up 5.6%, deposits rise 10.5% in fortnight to October 9

Growth in loans to agriculture and allied activities rose 4.9 per cent in the reporting month

Domestic securitisation activity doubles to Rs 15,200 crore in Q2

The increase in the share of gold loans in securitisation, a trend witnessed in FY20, continued in H1FY21

RBI conducts first-ever OMO in state bonds, buys Rs 10,000 cr under scheme

Lowest cut-off yield offered for Karnataka's 9-year bond at 6.4746%, highest for Jammu & Kashmir's 10-year SDL at 6.6813%

Freight hike may wipe out 1 month of exports in current fiscal: Firms

Shortage of containers, faceless assessment causing delay

To grow, India must become a key exporting nation: Niti Aayog CEO

Kant pointed out that every crisis is an opportunity to use technology to leapfrog and India has demonstrated its strength

FinMin fixes ceiling for ad hoc bonus at Rs 7,000 for govt employees

Employees of Central para-military forces and armed forces would be eligible for this ad-hoc bonus

Govt's paddy procurement at MSP rises 28.5% to 11.66 mn tn within a month

Paddy procurement commenced in Punjab and Haryana from September 26 due to early arrival of the crop, while in other states from October 1

Time to rebuild demand in economy hit by Covid-19: Principal eco adviser

He also said there are certain sectors like hospitality which need "special love and care"

Appointments of trained apprentices without open trial against rules: Rlys

Before March 2017, a general manager could make a regular appointment of a trained apprentice without an open competition

ICRA revises FY21 securitisation estimate to Rs 80,000 cr from Rs 1.2 trn

Volumes of securitisation had stood at Rs 2 trillion in the year-ago period.

Swachh Bharat resulting in annual benefits of Rs 53,000 a household: Study

The government's ambitious Swachh Bharat Mission has resulted in annual benefits to the tune of more than Rs 53,000 per household in rural India

Media and entertainment sector to grow over 10% till 2024: Report

The media and entertainment industry is expected to grow at an annual rate of over 10 per cent to reach $55 billion by 2024, according to a report

Govt relaxes export norms for nitrile gloves to promote shipments

The government on Thursday eased export norms for nitrile or nitrile butadiene rubber (NBR) gloves, used by medical professionals, a move aimed at promoting shipments of the protective equipment.

Indian sugar export subsidy decision unlikely before state polls: Report

Failure to set a new subsidy allocation will eventually delay exports from the world's second biggest producer of the sweetener and support global prices, which are trading near eight-month highs

India's consumer confidence weakens in October, says Refinitiv-Ipsos data

The monthly PCSI, which is driven by the aggregation of the four weighted sub-indices, is a mixed bag for October 2020, Ipsos said in a statement

About 1.15 mn non-gazetted railway staff granted bonus equal to 78 days pay

This productivity linked bonus for railway employees has been estimated to be of Rs 2081.68 crore

Tech-driven changes in jobs threaten social contract with workers: Experts

"Technology has a major, if not the most important, role in shaping the future of work," said C Vijayakumar, President and CEO of HCL Technologies

Indian economy set for a near double-digit contraction this fiscal: Poll

With over 7.6 million coronavirus infections, India is the second worst hit country in the world after the United States and the spread shows no signs of abating