Page 1782 - Economy & Policy News

MoSPI should end controversies related to GDP computation: Rangarajan

Gets lifetime achievement award on National Statistics Day

A push for labour-intensive manufacturing

Given the widespread loss of jobs and incomes, there is an immediate need to accelerate the pace of job creation

Covid-19 impact: MNCs strike big rental deals despite work from home push

RMZ, one of the biggest owners of office properties in southern India, has done a handful of lease rental deals with global firms in recent weeks.

Goa likely to see steepest contraction in economy in 2020-21, shows data

India Ratings and Research expects the gross state domestic product (GSDP) of all states in India to contract in FY21

No goods from Chinese vendors is the new mantra for govt e-market place

The communication has been kept "informal" as banning purchase of country-specific products would be in violation of the World Trade Organization (WHO) rules

Sugar mills eye molasses export, higher ethanol for blending in glut season

Factories seek to improve cash flows; Maharashtra allows export of molasses

Iron ore surplus rises sharply in Karnataka on falling demand, export ban

Supply in the state is higher compared to demand amidst production restrictions and the ban on exporting ore out of the state imposed by the Supreme Court

Digital strike: India bans 59 Chinese mobile apps on security threat

Experts say now service providers may be told to block IP addresses

Investors cheer as nearly 90% of top-500 stocks log gains in June

Best month in terms of advance-decline ratio for Nifty 500despite headwinds such as rising covid-19 infections, India-China standof and ratings downgrade by Moody's Investors Service

G20 nations imposed 59 import-restrictive measures in 7 months: WTO

Tariff increases, import bans, stricter customs procedures, export duties and other such measures introduced during the review period affected 2.8 per cent of G20 trade

India's hiring activities holding up better than many economies: Report

As of mid-June, job postings on Indeed India declined by 51 per cent than in 2019, the report stated

Freight rates on key routes shoot past pre-lockdown level on diesel hike

The hike in diesel prices have a direct correlation with the freight rates with fuel as a percentage accounting for more than 65 per cent of the variable operating costs for transporters

Brands turn to packaging and presentation to gain trust, confidence

Packaging innovations that ensure safety and damage-free, clean delivery are emerging as new avenues for brand building

Digital sovereignty: Trai bats for local manufacturing of telecom equipment

Trai stressed on the importance of providing opportunities for local players in the sector and called for sharp focus on digital infrastructure investments

Covid-19: Demand for work under MGNREGA sees steep rise in 116 districts

The number of households availing work under the national employment guarantee scheme in these 116 districts in six states, including Bihar and Uttar Pradesh, jumped to 8.9 million during May

Govt to launch PMKVY-III with focus on digital tech, industry 4.0: Minister

The government launched the PMKVY scheme in 2015 and revamped it in 2016 to impart skills to one crore persons by 2020

Steel imports worth Rs 20,000 cr avoided due to DMISP policy: Pradhan

Domestically manufactured iron and steel products (DMISP) policy was launched in 2017 and has helped India avoid steel imports worth over Rs 20,000 crore

Govt lifts ban on PPE exports, sets a monthly quota of 5 million units

Industry hails move, wants Government to allow N95 masks too

95% appliances made in India; dependence on China won't fall soon: CEAMA

CEAMA said even before the call to boycott Chinese products, various companies had already started to look for alternative sources due to disruptions of supplies following the lockdown in China

States GSDP may contract by up to 14.3% in FY21 on Covid-19: Ind-Ra report

The top five major states where the impact of lockdown was the most pronounced are Karnataka, Jharkhand, Tamil Nadu, Kerala and Odisha