Page 1921 - Economy & Policy News

NPPA allows differential price for Meril's biodegradable cardiac stent

The National Pharmaceutical Pricing Authority (NPPA) invoked the para 32 (ii) of the Drug Price Control Order, 2013 to grant the exemption to the indigenously developed stent

Slowdown temporary, I'm very optimistic about next decade: Mukesh Ambani

Ambani said the coming decade presents a "historic opportunity" for businesses to excel

Economic tonic from Rajan: Fight virus first and worry about stimulus later

The priority should be on convincing companies and households that the virus is under control, said the former RBI governor

Unsavoury implication of GDP numbers: Slowdown has not bottomed out

The MPC may well undertake a final rate cut in FY2021

Good harvest keeps farmers happy: Farm sector records 3.5% growth in Q3

The second advance estimate of foodgrain production released a few days ago estimated the wheat output at an all-time high of 106.21 million tonnes

April-January fiscal deficit hits 128.5% of FY20 revised estimates

As a percentage of the Budget estimates of Rs 7.04 trillion, the fiscal deficit was a staggering 140 per cent

India's GDP growth at 4.7% in Dec quarter, marginal improvement over Q2

FY20 growth projections retained at 5% in the second advance estimates. The official Q3 GDP data showed that the impact of a global slowdown and weak manufacturing continued to weigh on the economy

Rebalancing of global economy in last few decades: EAM S Jaishankar

"The pulls and pressures of the international system are today most evident in the trade domain," he said

Global smartphone sales latest victim of Coronavirus outbreak: Report

Among those components named by the research firm are displays from BOE Technologies, China Star Optoelectronics Technology and semiconductors from Yangtze Memory Technologies, and others

Telcos need to wait more for relief on AGR as govt scrambles over data

Members of the DCC refused to comment on the discussions held during the two-hour meet. More details are required for reconciliation of AGR data, sources said

36 bottlenecks faced by 17 infra projects reviewed by Goyal-led panel

At the moment, it said, the group is handling 588 issues in 260 projects, with total anticipated investment of Rs 10 lakh crore.

Slowdown has bottomed out, govt's measures will boost growth: SBI MD Khara

Khara told PTI that for India to achieve its ambition of becoming a five trillion dollar economy, it required a 10-11% growth rate

Slowdown due to govt focusing more on political agenda than economy: Rajan

India can still reverse its slowing economic growth by paying attention to key issues, he added

Forex reserves touch record $467.12 bn on value increase of gold holdings

The forex kitty had zoomed by $3 billion to $476.092 billion in the previous reporting week

Coronavirus will be challenge if issues not resolved in 3 weeks: Sitharaman

'No need to press the panic button because of the Coronovirus epidemic; the outbreak will be a challenge if issues do not get resolved in three weeks,' Finance Minister Nirmala Sitharaman said

Govt to meet exporters on Mar 3 to discuss opportunities amid coronavirus

The meeting will be chaired by Commerce and Industry Minister Piyush Goyal

Odisha to mop up Rs 20,000 cr incremental revenue from e-auctions: Pradhan

Recently, Odisha successfully conducted electronic auctions of 19 lapsing iron and manganese ore blocks now run by merchant or non-captive iron ore blocks

Fiscal deficit touches 128.5% of budget estimate at January-end

The deficit during the same period during 2018-19 was 121.5 per cent of that year's Revised Budget Estimate (RE)

Core sector grows by 2.2% in January as power generation picks up

The infrastructure sectors had expanded by 1.5 per cent in January 2019

UP set up 346,000 new MSME units in 3 years; state aims to boost sector

MSMEs account for 80% of UP's exports at Rs 1.14 trillion