Page 2425 - Economy & Policy News

Gems & jewellery export likely to grow by up to 5% on high US demand

This would be in line with positive growth in exports of cut and polished diamonds and gold jewellery to the US during April-October

Govt plans to put a cap on a number of postal gifts coming from China

However, no such restrictions have been suggested on essential medicines, the official added.

Urjit Patel exit: All Indians should be concerned, says ex-RBI guv Rajan

During his tenure, Rajan had differences with the government and did not get an extension

After Make in Odisha expo, large investors trip on land acquisition woes

Odisha drew Rs 4.19 trn in virgin investments at the 2018 conclave, but large projects are set to face land acquisition hurdles

Urjit Patel's resignation will be a setback for markets, say analysts

Urjit Patel's decision was announced post-market hours and a day before assembly election results in five states. The markets could see a bloodbath on Tuesday, analysts say.

RBI governor Urjit Patel resigns: PM Modi to Raghuram Rajan react

Patel cited 'personal reasons' for his resignation

Indian govt should heed RBI on financial stability: IMF Chief Economist

IMF's Chief Economist Maurice Obstfeld said the International Monetary Fund does not want politicians "manipulating" central banks for political ends

India's inflation likely eased to 16-month low in Nov as fuel prices dip

The November data will not only mark inflation below the RBI's medium-term target of 4% for a fourth straight month but also be the first time since July 2017 it was below 3%

Regulators not under any authority should involve stakeholders: Jaitley

While the markets regulator, the competition watchdog and the insurance regulator all have a tribunal for appeals, some, including the central bank, do not have one

New GDP back-series data hurts credibility: Ex-CEA Arvind Subramanian

Budgeted targets for GST unfair, says Ex-CEA

Financial conditions tight, India headed for growth slowdown: Ex-CEA

Subramanian further observed that the country should brace itself for an economic slowdown

India houses 24% of world's malnourished; 30% of stunted children under 5

India has shown improvement in reducing child stunting but with 46.6 million stunted children, the country is home to over 30.9% of all stunted children under five--the highest in the world

Sebi may widen scope of OFS route to help promoters monetise shareholding

Relaxation in FPI investment clubbing norms among other proposals likely to be discussed at Sebi's board this week

Govt plans to begin interim operations at Chabahar port in Iran soon

To bypass US sanctions on Iran, govt tweaking shareholding pattern of India Ports Global to make it a state-owned

Statsguru: RBI maintains status quo on rates; retail inflation dips to 3.3%

The decision to maintain the status quo comes against the backdrop of retail inflation

More than 50% of companies look to step up hiring in 2019: Mercer

Besides the demand for key skills like sales, research and development become predominant, says India business leader, Mercer

Rs 3 bn railway plan aims to fill coaches with water in 5 minutes

With the use of quick watering system, a 24-coach train can be filled up within five minutes and multiple trains can be simultaneously watered at the same time

India's crude steel output grows 4% to 8.92 million tonne in November

India has set a target of producing 300 MT crude steel by 2030 with an investment of Rs 10 trillion

Govt plans to ban burnt clay bricks from its projects to save environment

Traditional brick kilns cause air pollution as they use coal in the brick-making process

Govt to give preference to India-made vehicles in public procurement

The notification applies to automobiles based on internal combustion (IC) engines including two and three wheelers, passenger vehicles and commercial vehicles