Page 243 - Economy & Policy News

Karnataka seeks Rs 11,495 crore special grants among others in Union Budget

Last month, Union Finance Minister Nirmala Sitharaman met finance ministers of states and union territories (UTs) to take their demands and suggestions for the Union Budget 2025-26

Budget 2025: PM Modi hints at new measures for women, poor, middle class

Stressing the importance of ensuring equal rights for women free from religious, sectarian differences, he asserted that significant decisions towards the goal will be taken during the Budget Session

Govt capex rose 8.2% from July-Nov 2024, led by defence, railways, roads

Economic Survey 2025: Government capex on key infrastructure has grown by 38.8% over the past five years

Congress says Modi govt leading India into 'middle-income trap': What is it?

In its Real State of the Economy report, Congress has accused the Centre of steering India toward a 'middle-income trap.' Here's what it means

Eco Survey: Amid rising 'protectionism', India needs new strategic roadmap

The Survey also suggested that India should shift focus from merely wooing FDI to making itself more attractive for foreign investors through structural improvements.

Indian economy expected to grow 6.3-6.8% in 2025-26: Economic Survey

Economic Survey 2025: GDP projections in line with international agencies including International Monetary Fund (IMF), Asian Development Bank (ADB), and World Bank

RBI to cut rates to 6.25% in Feb, followed by one more cut next qtr: Poll

In its Feb 1 budget, the government is not expected to increase infrastructure spending, a main driver of growth in past years, leaving the onus on the RBI to revive the $4 trillion economy

Wishlist for Budget 2025: Strengthening foundations for sustained growth

The Union Budget 2025 will be presented in the Parliament by Finance Minister Nirmala Sitharaman in a 'red bahikhata' on Saturday, 1st February

NDA's policies marching India forward into the middle income trap: Congress

Congress leader P Chidambaram released the report prepared by the party's Research Department, which former Rajya Sabha M V Rajeev Gowda heads

Companies in India not using IBC enough to resolve insolvency: IBBI chief

IBBI data suggests that the share of CIRPs initiated by corporate debtors or companies is declining over time

In a bid to revamp ITIs, skill ministry de-affiliates 449,000 seats

In an order dated January 17, the directorate general of training (DGT) - apex organization under the MSDE to develop vocational training programs de- affiliated 449,000 seats in a total of 5,848 ITIs

US economy in Q4 slows to 2.3%, robust spending keeps rate cut hopes alive

Gross domestic product increased at a 2.3 per cent annualized rate last quarter after accelerating at a 3.1 per cent pace in the July-September quarter

IBBI amends standards for info utilities rules to enhance verification

Amending the guidelines, IBBI on Wednesday said the changes streamline the filing and verification of financial default records by introducing stronger user authentication procedures

Despite foreign money exodus, fund managers in Davos see India appeal

Foreign portfolio investors have withdrawn more than $31 billion from Indian equity markets since October, provisional exchange data shows

Chhattisgarh to grab bigger piece of NMDC's Rs 70,000 cr capex pie

NMDC unveiled the plan at a vendor meet in Hyderabad on Tuesday. The company aims to bolster its production capacity to 100 million tonnes per annum

ARCs to see uptick in cumulative recovery rates in FY25 and 26: Crisil

Debt recast in thermal power, recoveries in realty to drive performance

'States/UTs expected to pre-publish draft rules under labour codes by Mar'

The ministry is organising a two-day labour ministers' conference in the national capital on January 29-30, with participation from all the states and UTs

Unincorporated manufacturing jobs stay below 2010-11 level, shows NSO data

Data showed that the manufacturing sector employed nearly 33.7 million workers in 2023-24, compared to 34.9 million workers in 2010-11

Govt approves Mutual Credit Guarantee scheme to strengthen MSME sector

Mutual Credit Guarantee scheme will provide 60% guarantee coverage for loans up to Rs 100 crore

Centre launches occupational shortage index to boost job opportunities

Additionally, the ministry launched the multilingual e-Shram microsite facility to ensure that unorganised workers have seamless access to both state and central government welfare programmes