Page 2736 - Economy & Policy News

Odisha seeks Korean investments in Paradip petroleum investment region

The PCPIR is being developed in Paradip to provide a conducive business environment, promoting and attracting exclusive investments in the petroleum, chemicals, petrochemicals and allied sectors

APSEZ-owned Dhamra port to develop industrial park over 2,000 acres

The company has sought the land from the Odisha govt within 20-25 km radius of the port site

Fiscal deficit: Even the revised target seems out of reach for Modi govt

The government had revised its fiscal deficit to Rs 5,948.49 billion from the BE of Rs 5,465.31 billion

Ordinance likely to fast-track Fugitive Economic Offenders Bill

Planners in the government also expect disruptions due to the Punjab National Bank scam and the arrest of former finance minister P Chidambaram's son

India regains status of fastest-growing economy, GDP grows 7.2% in Oct-Dec

GDP expands 7.2% in Oct-Dec as dust settles over GST roll-out

Saudi Arabia suspends poultry imports from India amid bird flu in Karnataka

Saudi Arabia contributes 3 per cent to India's annual poultry exports of $80 million

Centre extends Additional Solicitor General Mehta's tenure till June 2020

The Appointments Committee of the Cabinet has approved extensions in the tenure of four ASGs of India

The Richie Rich club: Mukesh Ambani breaks into top-20 billionaires in 2017

More than one third of India's rich list replaced as businesses failed

India to grow 7.6% in calendar year 2018 amid note ban disruption: Moody's

As we have said before, the bank recapitalisation plan should also help credit growth over time, thereby supporting growth: Moody's said

Jan core sector growth sharply rises to 6.7%; cement, refinery output zoom

The core sectors' cumulative growth rate for the April-January 2017 period was 4.3%

India factory growth slows to 4-month low as rising prices dent demand: PMI

The Nikkei Manufacturing Purchasing Managers' Index, compiled by IHS Markit, fell to 52.1 in February from January's 52.4 and was below the 52.8 expected in a Reuters poll.

Govt announces Rs 50 bn fund to jumpstart growth in 12 key services sectors

Export competitiveness and job creation in IT, logistics, hospital and other sub-sectors targeted

Pressure to ease on iron ore prices; mining firms to resume operations

Sequel to SC allowing firms with capacity of 25 mt in Odisha to restore operations

Cabinet approves 55% hike in monthly allowances of MPs by Rs 40,000

The decision of the Cabinet will be conveyed to Joint Committee on Salaries and Allowances of Members of Parliament

Rupee dives to 3-months low of 65.17 against dollar due to rate hike fear

Cost inflation rose to the highest since February 2017, bolstering the expectation of continued inflationary risks over the coming months

Morgan Stanley cuts its India overweight to 50 bps, citing weak earnings

Going ahead, it sees the impact of higher oil prices and the prospect of a higher deficit as obstacles for the market index

Defence ministry approves purchase of LMGs, carbines worth over Rs 94 bn

On February 13, the defence ministry had approved capital acquisition proposals worth Rs 159 billion

Economy on the right track, govt reforms showing results: Bibek Debroy

"India is on the right path to become one of the fastest developing major economy in the world surpassing China," Debroy

Bank guarantee limit for pulses & oilseeds for Nafed doubled to Rs 190 bn

In view of fall in prices of pulses and oilseeds below the MSP, the provision of government guarantee will help in protecting the farmers from making distress sales during the peak arrival period

Ex-RBI governor Subbarao cautions govt against deficit, import duties

'Raising of import tariff in the Union Budget 2018-19 will hurt Make in India mission,' Subbarao