Page 1722 - Economy & Policy News

Minister Shekhawat launches IVR-based training course on ODF Plus programme

Jal Shakti Minister Gajendra Singh Shekhawat launched the 'Swachh Bharat Mission Academy', an IVR-based training course with modules on Open Defecation Free (ODF) Plus programme

Agri Infra Fund crucial in hiking farm sector share in GDP: Farmer group

This fund will be crucial for farmers, agri-entrepreneurs, start-ups, agri-tech players and farmer groups looking to boost the country's agriculture infrastructure, the group said

India's industrial output shrinks 16.6% in June due to coronavirus lockdown

Analysts polled by Reuters had expected industrial output contraction of 20.0 per cent in June

CII calls for early FTP to raise India's global export share to 5% by 2025

The Confederation of Indian Industry (CII) has also outlined a 10-point agenda for increasing India's exports of goods and services in line with the prime minister's vision of an Aatmanirbhar Bharat

GeM has potential to handle transactions up to $100 bn per annum: Official

"The present version of GeM will be upgraded after enhancing the system and a unified procurement system will be put in place," Kumar said

GDP growth might hit the lowest since 1947, warns N R Narayan Murthy

He also pitched for developing a new system that should allow every player in every sector of the country's economy to operate at full steam with suitable precautions

To come out with industry-friendly reforms in mining soon: Pralhad Joshi

The minister also invited investors, explorers and miners to come and explore the huge opportunities that the Indian mining sector offers

CII wants end to inverted duty structure to make India an exporting nation

Industry body has asked for policies to hike country's share in global merchandise trade to 5% and services export to 7% by 2025

UP announces new investment policy to attract companies leaving China

Policy also seeks to provide a filip to industries in the backward Eastern and Bundelkhand regions

Tamil Nadu asks Centre for special Rs 9,000 crore grant to combat Covid-19

Since both central and state tax revenues will fall short of the Budget Estimates, grant will help, says Palaniswami

Workers return to new environment as companies reimagine workspaces

The manufacturing sector is reimagining workspaces to infuse confidence in workers

India inflation likely edged up in July on higher food prices: Poll

The August 6-10 Reuters poll of over 45 economists showed Indian retail inflation rose to 6.15 per cent last month from 6.09 per cent in June

Centre may allow cooperative banks to lend under Emergency Credit Line

Gadkari also said that the government aims to increase MSMEs' contribution to the GDP to 50 per cent and in share of exports to 60 per cent

Fuelling jugaad: Indian farmers' hacks threaten demand for diesel

Farmers' exasperation was driven by diesel prices bloated by a fivefold jump in central government taxes over the last five years.

Four-fifths of CEOs expect Covid pandemic to entrench remote working: PwC

New York, London and some other major cities currently have only a fraction of their normal workforce in offices as employers and governments have told staff to work from home

Unplanned lockdowns slow economic recovery as unemployment rises

Economy already headed for its worst slump in more than four decades, with the International Monetary Fund estimating the nation's GDP will shrink 4.5% this year.

NDLS revamp on the cards, to give Lutyens' Delhi a major facelift

IR is likely to invite requests for quotation (RFQs) this month for the Rs 7,500-crore project

'Atmanirbhar' airlines: Indian carriers focus on int'l passenger, cargo biz

With the Covid-19 pandemic slowing the once-booming domestic market, Indian carriers are discovering virtues in the international passenger and cargo business

Working on idea of land bank to help small businesses: Nitin Gadkari

The minister also said there was a need to think how India could increase exports and reduce import dependence

Throwback to SEZ era: Real estate sector makes room for data centres

The central government ministries, too, are getting into the act on behalf of the sector.