Page 354 - Economy & Policy News

How India's brain drain and foreign students dip led to $6 billion deficit

The rising trend of Indian students studying abroad and the declining number of foreign students in India have contributed to a significant $6 billion deficit in the country's current account balance

Statsguru: Six charts explain govt's tax collections are beating estimates

The Budget on Tuesday is likely to increase the tax revenue projections by Rs 30,000-40,000 crore compared to the Interim Budget in February

Telecom tariffs likely to see more hikes in long road to Rs 300 Arpu

With 5G yet to be monetised, expect many more increases in telecom tariffs

India-Bangladesh trade comes to standstill as students' protests intensify

The Bangladeshi side of the Petrapole landport remained non-functional, they said. Nearly one-third of land-based trade between India and Bangladesh takes place through Petrapole

India FTA talks set to be revived with first major UK ministerial visit

India is keen to resume talks on a positive note, but the date needs clarity, the source told The Daily Telegraph.

Economy booms, pvt sector continues to expand, but youth chases govt jobs

Since 2014, India's GDP has grown from $2 trillion to near $3.5 trillion in fiscal 2023-24 (April-March) and is expected to expand 7.2 per cent in the current year

MP receives investment proposals worth Rs 17,000 crore at RIC Jabalpur

MoU to boost defence production in the state signed; proposals worth more than Rs 5,000 crore given by some 1,500 units of the MSME sector

Rs 35K cr electronic parts PLI plan afoot to give sub-assemblies a leg up

Under the scheme, identified sub-assemblies include camera modules, display assemblies, mechanical parts, battery packs, battery chargers, and vibrators

India's agriculture exports drop 3% to $5.88 bn in Q1 on Red Sea crisis

Rice exports have also been constrained by export controls on certain varieties of the grain including non-basmati rice imposed by India

Exports to top-10 nations grow faster than overall figures in Q1 FY25

After witnessing a 3 per cent contraction in the financial year 2023-24, outbound shipments from India saw positive growth in the three consecutive months

Govt sets up 22-member panel for base year revision of price indices

Besides, the panel is also slated to examine schemes prepared by the central and state governments for the construction of the price indices

India flags high trade deficit in policy review meet of China in WTO

Participating at the WTO's trade policy review meeting of China this week, India hoped that China will support issues concerning the Global South

From T V Somanathan to Vivek Joshi, meet FM Sitharaman's Budget team

The July 23 Budget, coming after the general elections, would be watched for coalition compulsions, electoral lessons

Customs clearance time for imports drops 6% at air cargo complexes: CBIC

For imports, the study has noted that, out of the 15 ports covered under the purview of the study, 9 ports have witnessed a reduction in the average release time in 2024 vis-a-vis the previous year

Budget for agri research needs to be doubled to widen impact: Paper

Eminent agriculture economist Ashok Gulati is the chief editor of the bulletin which comprises of chapters written by various experts

Global tech outage: 10 banks, NBFCs witness minor disruptions, says RBI

Overall Indian financial sector remained insulated from the global outage

Union Budget 2024-25: Three macro puzzles and policy implications

Why is consumption soft, employment growth weak, and core inflation low, when the economy is apparently growing strongly?

Goyal likely to attend Brics trade ministers' meeting in Moscow on July 26

It is a grouping of major emerging economies of the world, comprising over 40 per cent of the world population and accounting over 16 per cent in the global trade

Budget 2024: Defining trajectory pathways for Viksit Bharat@2047

Competitive federalism can install accelerators in key sectors

Business confidence index improves to 150 in Q1 FY25 from 138 in Q4 FY24

The majority of firms continue to expect the prospects of employment in the next six months of both skilled and unskilled or casual and permanent workers to remain the same as in the past three months