Page 1650 - Economy & Policy News

Two-wheelers prove to be better bet for auto makers amid economic slowdown

Analysts attribute this to the slowdown in the job market, which has a bigger economic impact on urban India

Industrial recovery slow as manufacturing leads 8% fall in August IIP

Though September high-frequency indicators offer hope, August IIP data shows well performing FMCG sector went from green to red, while recovery turned stale for primary goods

ADB, govt ink $570 mn loan agreement to fund public infra in Rajasthan, MP

Under the funding programme for Rajasthan, water supply systems in at least eight project towns are expected to improve by 2027, benefiting more than 5,70,000 people

GST Council meet ends without reaching consensus on compensating states

This was the third meeting in a row that discussed compensation shortfall without a decision

India Inc welcomes govt stimulus to boost demand ahead of festive season

India Inc on Monday cheered Finance Minister Nirmala Sitharaman's announcement of payment of cash in lieu of LTC

Gov buys nearly 4.3 million tonne kharif paddy at MSP in last 16 days

About 43 lakh tonne of kharif paddy worth Rs 8,033 crore was purchased at the minimum support price (MSP) from 3.57 lakh farmers in the last 16 days, the food ministry said on Monday.

No consensus on borrowing for shortfall in GST compensation cess, says FM

The GST Council meeting is underway. FM Nirmala Sitharaman is expected to address the media sooon

Govt's fresh stimulus to boost demand will push economic activity: Niti VC

The multiplier effects of the package are expected to be multiples of the original amount, and higher economic activity would be sustained in the coming period, Kumar said

Nitin Gadkari to lay foundation stones for Rs 11,571 cr projects in Kerala

In addition, the Road Transport, Highways and MSMEs minister will inaugurate a 27 km highway project - Kazhakoottam to Mukkola, built at a cost of Rs 1,121 crore

Decoded: How govt's SVAMITVA scheme aims to help rural property holders

Launched by Prime Minister Modi on Sunday, it is aimed at digitising all rural properties by 2024

Ship charter rates to be exposed to volatility in near-term: Icra

Ship charter rates are likely to be exposed to volatility in the near-term, despite some segments seeing a recovery in pricing, as the demand outlook remains muted, rating agency Icra said

RBI announces portfolios of deputy guvs, M Rajeshwar Rao gets regulation

Rao was executive director of the Reserve Bank before being elevated to the post of deputy governor. He took the new charge last week

Hiring activity starts picking up as unlocking continues: Naukri JobSpeak

The Naukri JobSpeak Index was up 24 per cent compared to the previous month, according to a statement from the web-based job portal

CAI revises cotton production upwards to 3.6 crore bales for 2019-20

Cotton Association of India (CAI) has increased the estimate for cotton output by 5.50 lakh bales to 360 lakh bales for the 2019-20 season in its September estimate

Retailers Association of India welcomes govt stimulus to boost demand

Retailers Association of India welcomed government's LTC cash voucher scheme and Rs 10,000 festival advance to government employees to stimulate consumer demand during the festival season

Retail inflation rises to 7.34% in September over higher food prices

The rate of price rise in the food basket was 10.68 per cent in September compared to 9.05 per cent in August, as per the data released by the National Statistical Office

IIP declines 8% in Aug, manufacturing output contracts 8.6%

The output of mining and power segments fell 9.8 per cent and 1.8 per cent, according to official data

Govt announces cash-for-LTC, festival advance to boost consumer demand

FM Sitharaman announced a payment of cash in lieu of LTC and Rs 10,000 festival advance to government employees to stimulate consumer demand during the festival season and boost the economy

Capex measures to deliver the goods rather than the consumption booster

States and centre would be spending more on projects like roads, urban development, defence as a result of Finance Minister's announcements.

Govt trains guns on boosting consumer & capital demand with Rs 73K cr push

The govt estimates that today's announcements will give a Rs 73,000 cr boost to demand in the economy in this financial year