Page 2854 - Economy & Policy News

Will update growth rate forecast for India in January: IMF

The statement came as the latest figures revealed that India grew at 6.3 per cent in the September quarter compared to 5.7 per cent in June

Newsmaker: Meet B N Sharma, and know why companies must fear this man

His appointment is interesting because, till now, Sharma has hardly played a role in the evolution of India's most significant tax reform

Hallmarking runs at 30-40% capacity despite govt push

Units currently operating at 30-40% capacity

After 5-month delay, foreign trade policy review likely on December 5

Currently, the five-year FTP aims to raise total exports to $900 billion but targets may be reduced

Economy rebounds: GDP growth rate rises to 6.3% in September quarter

Manufacturing recovers; agri, services growth down

Q2 GDP growth encouraging but performance of agri sector poor: T C A Anant

Chief statistician says figure might go up once indirect tax data fully in; however, agrees pvt expenditure yet to pick up

Manufacturing activity pushes up GDP growth; investments grow by 4.7% in Q2

Economic growth in India had slowed down over the last two quarters

Farm growth in Sept quarter muted at 1.7 % on high base, kharif fall

Around 52.5% of Gross Value Added in the sector is based on livestock products, forestry and fisheries

Growth of eight core sector industries unchanged at 4.7% in October

During April-October, the annual output growth slowed down to 3.5% as against 5.6% in the comparable period of the last fiscal

Govt invites applications for the post of IRDAI chairman

The applicants are required to apply for the post on or before December 27, 2017

Steel demand likely to improve in near term: Icra

The production growth too is expected to revive on the back of a likely pickup in domestic demand and favourable international steel prices, enabling an export push

India Inc foreign borrowings up over 2-fold at $4.4 billion in October

The rest of $314.99 million was sourced by floating rupee denominated bonds by Indian firms in overseas markets

Trai proposes ways to ease doing of business in telecom sector

The telecom regulator had issued a position paper on ease of doing business in March this year

Govt forms panel to lay down rules for tractors to slash diesel consumption

Diesel is the most consumed fuel in India, accounting for over 56 per cent of 82 million tonnes of petroleum products used in April-October

Highway developers worried over rising labour cost

Cost of labour has risen by over 50% over a period of three years

GST maze leaves exporters sulking for refunds

Jaitley announced that refunds will start from October 10, for exports made in July, and from October 18, for exports made in August

RBI likely to maintain status quo in December

However, weakness in the economic growth, as measured by the gross value added (GVA), could be a strong incentive to cut rates, but that would fan the inflation further

EU team's findings allay export ban fear

The EU team's confidence in the facilities has put to rest all speculation of a possible ban on seafood exports from India

Absorption of co-working spaces doubles in Mumbai in first nine months

Mumbai accounts for almost 18 per cent of the total number of flexible office locations in the country

Govt will ensure veggie prices are in check: CEA Arvind Subramanian

He said prices of perishables are up, while the rates of non-perishables like oilseeds and pulses are depressed