Page 335 - Economy & Policy News

Goa's fiscal parameters improved under CM Pramod Sawant post Covid yrs: CAG

In an important achievement for the Sawant government, the CAG stated the state has succeeded in improving fiscal parameters like revenue, fiscal and primary deficits etc., compared to last four yrs

'Caught napping at wheels': Cong slams govt over trade deficit with China

Our domestic industries are being decimated and shutting down, unable to compete with the onslaught of cheap Chinese goods, the Congress general secretary Jairam Ramesh said

Cabinet Committee on Economic Affairs gives nod to eight railway projects

Briefing reporters on the decisions taken by the Cabinet, Railway Minister Ashwini Vaishnaw said the proposed projects will improve logistical efficiency by connecting the unconnected areas

India likely to beat China to be largest two-wheeler nation in CY24

The projections are based on both electric as well as ICE-powered two-wheelers

US recession fears hyped, but any slowdown may impact India's economy

The US economy expanded 2.8 per cent in the second quarter and 1.4 per cent in the first quarter of 2024

Need enabling framework for ESG bond issuances in India, says RBI

Dimple Bhandia highlighted that the credit derivatives market has been another area that has struggled to take off

GST reforms shaping India's economic future

One of the most noteworthy accomplishments of GST has been its role in simplifying and expediting company compliance

India's foreign exchange reserves hit new high of $675 billion: RBI data

India's reserve position with the IMF rose by $8 million to $4.62 billion in the previous week

RBI sells bonds for fourth straight week, amount decreases, shows data

The RBI typically sells or buys bonds to adjust banking system liquidity and rates in the market to align with monetary policy

FDI in manufacturing rises 69% to $165 bn during 2014-24: Jitin Prasada

FDI equity inflow in the manufacturing sectors in the last ten financial years (2014-24) has increased by 69 per cent to $165.1 bn as compared to $97.7 bn in the previous ten financial years, MoS said

Govt invites EoI to build multiproduct food irradiation units under PMKSY

A financial assistance in the form of grants-in-aid or subsidy will be provided to the eligible projects under the demand-driven Cold Chain scheme

Residents of Serbia's lithium-rich region pledge to block EU-backed mining

While the government insists the mine is an opportunity for economic development, critics say it would inflict irreparable pollution on the Jadar valley

From PepsiCo to P&G, India becomes next big FMCG growth bet as China lags

With India's economy expanding at the fastest pace among major emerging markets, companies are trying to serve its diverse palette

Today, India is far more resilient than what it was earlier, says RBI

India has improved its resilience vis-a-vis external shocks quite a bit, Das said

Ambani family's wealth 10% of India GDP: Barclays-Hurun India report

Adani family, the most valued first-generation family business valued at Rs 15.45 trillion

Knitting the tax net: Special CBDT unit to spot top 5K cases of unpaid tax

As on April 1 this year, the arrears demand has increased to Rs 43 trillion, from Rs 24 trillion on April 1, 2023

Monetary policy: RBI holds repo rates again, cites food inflation risks

Policy must stay the course with close vigil on inflation trajectory, says governor

Household optimism on economic conditions for coming year takes a hit

Sentiments about current employment conditions & own income deteriorate

Food inflation can't be ignored, need to remain vigilant: RBI Governor Das

Economic Survey had suggested exploring whether inflation targeting framework of the central bank should exclude food

Rs 1.82 trillion GST from mobile phones 5 times what PLI allocated

ICEA, which provided the GST data, projects that GST collections from mobile devices between FY21 and FY26 are expected to reach Rs 3.09 trillion