Page 320 - Economy & Policy News

ESIC new member addition increase by 13.32% to 2.25 million in July

According to the statement, 56,476 new establishments have been brought under the social security ambit of the ESI Scheme in the month under review

FinMin extends exports incentive schemes to exports through courier

The e-commerce business in India has seen exponential growth over the last decade and is expected to witness a steep increase in revenues in the coming years

Govt removes MEP on basmati rice, onion; tightens stock limit on wheat

The MEP of basmati rice was first imposed last year at $1,200 per tonne before it was lowered to $950 per tonne

Is the drop in MGNREGA work demand a sign of improving rural job markets?

Civil society activists and people working on the ground, however, believe that the decline in work demand is artificially created due to fund shortages for the programme

Outward FDI increases to $3.2 billion in August 2024, shows RBI data

Equity commitments more than double Y-o-Y to $1.14 bn

TN CM Stalin concludes US tour, govt signs pacts worth over Rs 7,000 cr

In total, the state government has inked pacts totally worth Rs 7,616 crore with 18 companies during the Chief Minister's official US tour to attract investments

Govt extends anti-subsidy duty on Chinese pesticide chemical for 5 years

The decision followed a recommendation of the commerce ministry's investigation arm DGTR for continuation of the duty on the imports of 'Atrazine Technical' from China

Crude oil prices drop by 21% since March, but fuel costs continue to sting

With inflation easing and elections around the corner, speculation is growing that petrol could become cheaper by Rs 10 per litre and diesel by Rs 6-8 per litre

Have distance to cover on inflation, can't look other way: RBI Governor

Central bank in no rush to cut rates as projections say inflation is moderating, says Shaktikanta Das

'India's growth potential is above 7.5%': RBI Governor Shaktikanta Das

At a Singapore forum, RBI Governor Shaktikanta Das projected that India has a growth potential of at least 7.5%, slightly above the RBI's official 7.2% forecast for 2024-25

PM E-DRIVE brings relief to EV industry, but lacks FAME-level incentives

Subsidy reduced because they can't be sustained indefinitely: MHI

Finance ministry gives GST relief to ad agencies, automobile dealers

Another circular on supply of data hosting services was issued where such services are provided by companies in India to cloud computing service providers located outside India

Maritime Development Fund may set sail with foreign kitty, PSU push

Centre looking for equity commitments to the Rs 30,000 crore maiden fund

Ayushman Bharat's 70+ coverage: Minimal impact expected on health insurers

On Wednesday, the Union Cabinet expanded the health coverage under the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) to all senior citizens aged 70 years or above

Scheme reset may not shake Centre's FY25 fiscal maths, say experts

Allocations may be via supplementary demands for grants

FPI investment in debt rebounds in September, FAR allocations lag

The investment in FAR securities had exceeded Rs 1 trillion on October 16, 2023

Retail inflation inches up to 3.65% in August; IIP growth at 4.8% in July

The data released by NSO on Thursday showed that food inflation rose slightly to 5.66 per cent from 5.42 per cent in July

In a first, govt to conduct yearly private capex survey from October

The annual private capex survey will run in conjunction with the annual survey of industries, which tracks output, value-added, and employment across manufacturing sector enterprises

Provide credit enhancements for civic bodies: Sebi ED Rao to NaBFID

Rao said that municipal bodies have an investment grade rating, but very few of them are rated AA and above which is considered essential by institutional investors like insurance and pension funds

NPCI reports Rs 1,134.31 crore surplus in FY24, up 37% on payment services

NPCI, which operates UPI platform, earned Rs 2,693.42 crore in FY24, up 36 per cent from Rs 1,971.69 crore