Page 1644 - Economy & Policy News

With digital driving changes, people must improve skills: Entrepreneurs

With digital technologies changing the way people live, shop and learn, individuals need to continue focussing on enhancing their skills

Will examine Punjab farm Bills thoroughly: Union Agriculture Minister

Union Agriculture Minister Narendra Singh Tomar on Tuesday said the Centre will 'thoroughly examine' the bills passed by the Punjab Assembly

Sales of private manufacturing firms contracted 41.1% in first quarter

Aggregate sales of private sector manufacturing companies recorded a sharp contraction of 41.1 per cent year-on-year in the first quarter of 2020-21

Indian Bank partners IIT-Madras to set up incubation cell for startups

State-owned Indian Bank in collaboration with IIT-Madras Incubation Cell (IITMIC) on Tuesday launched an initiative for funding start-ups.

IRDAI panel to examine need for standard cyber liability insurance product

Irdai has set up a panel to explore possibility of a basic standard product structure to provide insurance cover for individuals and establishments to manage their cyber risks

Govt procures 9.81 mn tonnes of paddy at MSP for Rs 18,540 crore

State-owned FCI and state procurement agencies have bought 98.19 lakh tonnes of paddy till Monday for Rs 18,540 crore.

Recovery on Indian economy 'strengthened, broadened' in September: ICRA

However, the agency cautioned that the sustainability of the upturn is unlikely to be universal, and that while fatigue may drive festive season sales, the momentum may subsequently subside

InvITs to acquire over Rs 4 trillion of infra assets in five years: Icra

At present, there are six InvITs which have raised over Rs 27,600 crore from investors, while a seventh entity is in advanced stage of raising Rs 25,200 crore, Icra said

Gadkari lays foundation stone of first multi-modal logistic park in Assam

Gadkari said his Ministry has envisaged developing 35 Multi-modal Logistic Parks (MMLPs) in the country and work on preparing DPR (detailed project report) and feasibility report is underway

UP govt to float asset-based lending arm to ease working capital for SMBs

Will set up JV between two state-owned entities, push for developing industrial enclaves spanning 5-50 acres under PPP model

JSPL becomes first Indian firm to develop rails for high-speed corridors

The Indian Railways has projected a requirement of 180,000 MT per annum of this high-grade 60E1 1175 Heat Treated (HT) Rails

Retail inflation eases marginally to 6.25% for farm, rural workers in Sept

Point-to-point rate of inflation based on CPI-AL and CPI-RL decreased to 6.25 per cent and 6.10 per cent in September from 6.32 per cent and 6.28 per cent, respectively in August, a labour ministry st

Urban joblessness up in six states in July-Sept 2019, Gujarat worst hit

Sharpest decline in unemployment rate was seen in Haryana, from 11.5% in April-June 2019 to 7.5% in July-September 2019

Modi govt to ask Coal India, NTPC among others for cash via buybacks

Coal India Ltd., NTPC Ltd., NMDC Ltd., MOIL Ltd., KIOCL Ltd, and Engineers India Ltd. are among the eight companies that might be asked to buy back shares this year

Death of an infant shows cruelty of starving in a country of food abundance

Governments across the world have failed to prevent a hunger crisis that is reaching monumental proportions

India to get $177 million loan from ADB for Maharashtra road improvements

The Asian Development Bank and the Indian government signed an agreement for $177 million loan to upgrade 450 kilometres of state highways and major district roads in the state of Maharashtra

FM asks 14 CPSEs to spend 75% of Rs 1.15 trillion capex by December end

Govt looks to sustain pace of capital and infra projects to soften economic blow; Till H1 of FY21, these PSUs spent Rs 37,423 cr, or just 32%. In FY20, they spent Rs 1.16 trn or 104% of capex goal

FM says hasn't closed option of one more stimulus to perk up demand

RIL chairman Ambani says manufacturing has to be rethought and reinvented

I-T department keeps tolerance range for transfer pricing unchanged

This implies that there will be no taxation relief for businesses dealing in related-party transactions

Railways expects festive season to push freight higher in coming months

The recovery in freight came after it touched a historic drop of 65 per cent in April 2020, over the same month in 2019