Page 280 - Economy & Policy News

UK PM Starmer seeks India trade deal even Sunak couldn't pull off

The UK's trading relationship with India was worth £42 billion in the 12 months to June 2024

COP29: India, developing world face EU resistance to climate finance

A new NDC, which forms the basis of climate finance, must be submitted by next February, according to the UN Framework Convention on Climate Change (UNFCCC)

G20 Summit 2024: Deadline to phase out fossil fuel appears elusive

India opposes curbs on hydrocarbon investments, calls for expanding decarbonisation efforts, renewables

Urban unemployment rate hits fresh low of 6.4% in Q2 FY25: PLFS data

The joblessness rate in Q1FY25 had declined to 6.6 per cent from a four-quarter high of 6.7 per cent in Q4FY24

Finance Ministry sets minimum annual dividend payout norms for NBFC CPSEs

The guidelines mandate minimum annual dividend payout at 30% of PAT or 4% of net worth, whichever is higher

Did demonetisation hit the right notes? Evaluating its impact 8 years later

The demonetisation was intended to vanquish black money, reduce counterfeit currency, curb corruption, boost digital payments, and counter terrorism

GST Appellate Tribunal to start operations by the end of FY25: Revenue Secy

In May 2023, Union Finance Minister Nirmala Sitharaman appointed Justice (Retd) Sanjaya Kumar Mishra as the President of the GST Appellate Tribunal (GSTAT)

Statsguru: Mudra Yojana's Shishu loan accounts see a decline since FY19

Even its share in the total Mudra accounts fell from 86.03 per cent in FY19 to 62.33 per cent in FY24

Govt initiatives like PLI helping attract foreign investors in India: CII

CII Director General Chandrajit Banerjee said that the government's increased investments in infrastructure such as roads, railways and ports are making the domestic industry more competitive

Rajasthan govt to train NREGA, agricultural workers for better livelihoods

Under the scheme, one adult member from families who have completed at least 100 days of employment under the NREGA programme would be trained

Tariffs on India will lead to trade war: US Congressman-elect Subramanyam

Ahead of his election as US President, Donald Trump had taken a potshot at India's tariff structure and talked about imposing reciprocal tax on countries like China and India

Trade between 2 nations $15 bn: India-Brazil Chamber of Commerce official

Speaking to ANI on Sunday, Gomes also highlighted Prime Minister Narendra Modi's strong relationship with Brazil President Luiz Inacio Lula da Silva

Laptop import cut of 5% in works; govt wants no supply disruption

The caveat assumes significance in context of the govt's announcement of its plan in Aug 2023 to issue licences for import of select IT hardware products to reduce the country's dependence on China

India's FTA with Oman hits deadlock over revision in market access offer

Government officials said that the negotiations were completed earlier in March and revising India's offer would mean restarting inter-ministerial consultations to firm up India's revised stance

Manufacturing slump likely to hit India's Q2 GDP growth to six-quarter low

During the June quarter of FY25, the economy grew 6.7 per cent

Rio declaration? Battle lines drawn over wars in Ukraine, West Asia

Brazil has adopted the theme "Building a Just World and a Sustainable Planet" for its presidency, with a focus on fighting hunger, poverty, and inequality

India's smartphone exports surpasses $2 bn mark in Oct, sets new record

In 7 months of FY25, total outbound shipments breach $10 bn on the back of iPhones

India's FTAs not paused, all talks progressing as per schedule: Official

"All our FTAs, whether it is with the EU or UK, all are progressing as per the schedule," the official said

WEF to focus on 'collab for intelligent age', over 100 from India to attend

Several sessions are expected to be attended by Indian leaders, including one on 'India's Economic Blueprint'

Retail tomato average price declines by 22.4% on improved supplies: Govt

The all-India average retail price of tomatoes stood at Rs 52.35 per kg on November 14, down from Rs 67.50 per kg on October 14, according to an official statement