Page 277 - Economy & Policy News

India shipped record 4.5 million personal computers in Q3CY24: IDC

Shipment of premium notebooks (>$1,000) grew by 7.6 per cent Y-o-Y, while desktop category declined by 8.1 per cent

Protectionism, tariffs among major challenges: RBI Governor Shaktikanta Das

Says India well-placed to deal with any spillover effects of global shocks

India's transport future balances fossil fuels and clean technology

The study says that natural gas will dominate fossil fuel demand, gradually replacing petroleum products

Regulatory compliance important to stay ahead of fraudsters: DFS Secy

He stressed the importance of regulatory compliance to stay one step ahead of fraudsters in the industry

Indians see wallets drain by Rs 485 crore in 'UPI scams' in FY25

Over 600,000 incidents of fraud have been reported in the ongoing financial year till September

How e-Shram portal could transform social security, labour market landscape

The government is working on integrating welfare schemes across ministries into a single portal for unorganised sector workers to access, as well as for private firms to tap into for labour needs

Health, education spending by states trails economy's nominal growth rates

State governments have consistently underspent on health and education, trailing the economy's nominal growth. Despite rising demands, priorities remain unchanged, as data reveals concerning trends

Sluggish demand likely weighed on India's GDP growth in Sept quarter: Poll

Passenger vehicle sales recorded their first decline in 10 quarters and sales of two-wheelers experienced a sharp slowdown

COP29 gets UN carbon mkts going but concerns persist on climate integrity

UN Climate Change chief Simon Stiell lauded the passage and said that carbon markets would enable flow of $250 billion in annual financing

Bumper kharif harvest likely to lower food inflation: FinMin report

Consumer price inflation rose to 6.2% in October, primarily driven by inflation in a few vegetables, oil, and fats

S&P Global cuts India's FY26 GDP growth forecast to 6.7% from 6.9%

Raises inflation projection for FY25 to 4.6%

India's transport sector boom to push fuel use, emissions higher: Study

The transport sector is the second-highest emitter of carbon dioxide (CO2) globally, after the electricity and heat production sector

MSMEs can boost finances with formal registration, digital payments: RBI DG

The deputy governor highlighted that despite their importance, MSMEs often struggle to secure timely and adequate credit

Govt collects Rs 16,398 crore GST on health, life insurance in FY24: FinMin

This comes amid demands from stakeholders, including states, to reduce GST rates on health and life insurance premiums

7% workforce growth expected in H2 driven by logistics, e-comm: Report

According to TeamLease Services 'Employment Outlook Report for October 2024 to March 2025', an additional 22 per cent will maintain their current staffing levels

Statsguru: Can pricier loans tame food prices in India? Debate heats up

Agricultural output and food prices in India were significantly affected in 2022-23 and 2023-24, mainly due to unpredictable monsoons and the effects of climate change

S&P Global cuts India's GDP growth forecast to 6.7% for FY26, 6.8% for FY27

S&P retained its growth projection for China at 4.8 per cent in 2024 but cut next year's forecast to 4.1 per cent

India aiming to finalise carbon deals with Japan, Singapore, and S Korea

Talks over prospective future deals also are taking place with Germany and Sweden

India bond yields may fall as US rates decline, traders await growth data

The 10-year US Treasury yield dropped six basis points in Asia trading, after US President-elect Donald Trump tapped prominent investor Scott Bessent for the position of US Treasury secretary

How govt navigates headwinds, challenges will shape the FY26 Budget

It will be the second Budget of the Modi 3.0 government and eighth straight Budget for Sitharaman, rare in Indian polity