Page 2219 - Economy & Policy News

Govt aims to raise $47 billion from stake sales in PSUs in next five years

The plan will open up a steady stream of state companies to greater private investment

Retail inflation rises 3.18% in June due to costlier food products

Annual retail inflation in June was 3.18%, up from 3.05% in the previous month.

Manufacturing, mining pull down industrial output growth to 3.1% in May

Experts partially attribute slowdown to cut in spend during elections

Odisha outpaces pan-India growth in steel production between 2014 and 2018

Odisha has the potential to reach up to 102.7 mt of production by 2031

No question of privatisation of railways: Piyush Goyal tells Parliament

FM Sitharaman in her Budget speech on July 5 had said the government may use private investment in railway tracks

India involved in 14 disputes at WTO currently, says Piyush Goyal

At present, India is involved in 14 WTO disputes, all of which are being handled by domestic law firms

Distribution handicaps a hurdle for Centre's LPG Ujjwala scheme

After the success of PMUY, LPG coverage in India increased from 56% in 2014 to 94.3% by April 2019

Jobs platform Indeed bets big on the ongoing trend of gig economy

Recent data from Indeed suggests that the Indian labour market is experiencing a shift towards gig economy

Summer crop planting down nearly 9% at 41 million hectares: Govt

Sowing of soybean, the main summer oilseed crop, was at 5.2 million hectares, down from 6.4 million hectares the previous year

Senior officials from India, US discuss broad contours of bilateral trade

This was the first deliberations at official level on trade issues after the meeting of PM Narendra Modi with the US President in Japan

Industrial growth slips to 3.1% in May from 3.8% in year-ago period

Mining growth was at 3.2% in May as against 5.8% in the corresponding month of the last fiscal

UP readying policies for retail trade, data centres to boost economy

New policies aimed at attracting private investment in new age sectors

Govt plans to raise $47 bn through disinvestment in next 5 years: Report

The plan will open up a steady stream of state companies to greater private investment, and target the kind of annual divestment revenue that will be crucial to meet fiscal deficit targets

Setback for thermal units as UP energy watchdog bans new PPAs till Dec 2022

Says UP Power Corp Ltd and state discoms had already contracted for 'sufficient' thermal power with coal-fired plants to meet projected demand till 2026-27

Railways can't be privatised, govt will corporatise some arms: Piyush Goyal

Goyal said track kilometre grew from 77,609 km to 89,919 km from 1950-2014 and rose to 1,23,236 km in the past five years

Is South Korea the new safe haven for Indian Swiss bank account holders?

The South Korean cryptocurrency craze might have induced Indians to shift money from traditional havens

Budget 2019 to boost investments without any comprise in fiscal goals: FM

Replying after a general discussion on the Union Budget 2019-20 in the Rajya Sabha, the minister said, 'Comprehensive steps' have been envisaged for the next 10 years.

Nabard to raise Rs 55,000 crore from market for rural development schemes

The financial institution raises funds through long term bonds - usually of 10-15 years tenures

Sitharaman says tax targets achievable, GST collections could rise: Report

GST collections fell below Rs 1 trillion ($14.59 billion) for the first time in the current fiscal year in June, projecting weak consumer demand

US to seek tariff rollback on agri products in today's trade talks: Report

Trump has been putting pressure on India to do more to open its markets, saying this week on Twitter that its high tariffs were 'unacceptable'