Page 1648 - Economy & Policy News

Can Modi govt's farm reforms make India world leader in food trade?

In a fractious and unruly session last month, parliament passed three laws that some say could pave the way for India to upend the global food trade

Decoded: How Graded Response Action Plan will tackle air pollution

Business Standard decodes the action plan now in place to tackle air pollution, the restrictions from it and what citizens could do

Focusing on protecting people, healthcare top priority for India: IMF

IMF MD Georgieva said on Wednesday that focusing on protecting people and on the health of the population remain a priority for India.

Stimulus 2.0 has minimal firepower to support growth, says Moody's

The government expects the new stimulus to add around 0.5 per cent of GDP - a small boost compared with the 11.5 per cent drop in real GDP for year ending March 2021

Exports rise for the first time in seven months, up almost 6% in September

Imports down 19.6%, trade deficit declines 77%

Bond market cheers as RBI accepts full Rs 20,000 cr in first outright OMO

The central bank received bids for Rs 1,13,654 crore, or over 5x the Rs 20,000 crore amount on offer

50-year loan likely to strengthen Centre's grip over states' debt

14th Finance Commission had said 2 states could become debt-free from Centre by '25, rest by '30

PFRDA to finalise guaranteed plan with minimum return by FY21 end

Regulator to raise cap on fee of fund managers; AUM of pension funds increases by 35% to Rs 5.5 trillion

New inflation index to impact DA, 30 mn govt staff to get more pay

The CPI-IW hasn't been revised since 2001 - an exercise which should usually take place every five years

PM Narendra Modi calls for scaling up of Covid-19 testing, sero surveys

He said the facility to get tested regularly and speedily at a low cost must be available to all at the earliest.

GST shortfall: Govt issues fresh borrowing calendar with extra Rs 1.1 trn

The additional amount for meeting the GST compensation shortfall shall be raised equally at the rate of Rs 55,000 crore under the 3 year and 5 year tenors

A million construction workers will soon be registered: Manish Sisodia

Deputy Chief Minister Manish Sisodia took charge of the Labour department of Delhi government and set a target of registration of a million construction workers with the Labour Welfare Board

Speedy recovery from Covid can add $9 trn to global income: IMF MD

Speaking at a news conference after a meeting of the IMF's steering committee, Georgieva also called on the United States and China to keep up strong economic stimulus

India witnessing V-shaped recovery, govt steps to spur economic growth: FM

Sitharaman mentioned that recovery and rehabilitation efforts in these countries must not be allowed to be undermined in any manner, a Finance Ministry statement said

Woman farmers, SHGs play crucial role in farm sector growth: MoS Agri

The Department of Agriculture, Cooperation and Farmers Welfare organised the Mahila Kisan Diwas through video-conferencing on Thursday, an official statement said

Aatmanirbhar mission to make India hub of manufacturing, services: Thakur

Under the Aatmanirbhar Bharat package, the government has identified certain sectors that will get a boost and introduced various schemes to benefit businesses, Thakur said

Government lifts all restrictions on alcohol-based hand sanitizers

Amid the Covid-19 outbreak, the government had banned export of all types of sanitizers in March, but limited the restriction in May to only alcohol-based sanitizers

Welcome Centre's decision to borrow Rs 1.1 trn to fill GST gap: Chidambaram

P Chidambaram welcomed the change in the position of the central government which will now borrow Rs 1.1 trillion and extend it to states to make up for the shortfall in the GST compensation.

Movement of goods worth over Rs 50K not allowed if GSTR3B forms pending

The Central Board of Indirect Taxes and Customs (CBIC) said these taxpayers will not be able to generate Part A of the e-way Bill

India's exports rise 6% to $27.58 bn in Sept, imports decline 19.6%

The trade deficit in September was $2.72 billion, compared to $11.67 billion in the year-ago month