Page 362 - Economy & Policy News

Modi govt's top coalition ally TDP seeks more than $12 billion handout

Modi has agreed in principle to providing the financial support to Naidu, the people said. The TDP leader met Finance Minister Nirmala Sitharaman on Friday to discuss the details

Govt to reopen application window for PLI scheme for ACs, LED lights

The application window shall remain open from July 15 to October 12. No application shall be accepted after the closure of the application window

Market concentration increased across India's key industries in FY24

Analysts attribute the rise in market concentration to the superior profitability of larger firms and a spate of mergers and acquisitions in recent years

Rising focus: Budget push likely for social sector to lift rural demand

Bumper RBI dividend may help govt increase funding

PM Modi's Russia visit begins on July 8: Trade, tariff likely on agenda

Issue of 'imbalanced' trade will be priority during talks with Russia

Bigger, bolder labels: Companies look to put it back on FSSAI table

Industry executives say the transition to new nutritional labelling may have cost implications for companies as they usually have packaging stock for the next few months

West Bengal lost 3 million jobs in informal sector in 7 years: NSO data

Maha best performer with 2.4 mn additions, shows NSO data

Commerce ministry targets $100 billion electronics, textile exports by FY30

Pharmaceutical exports are targeted to double to $55 billion by FY30, from $27.84 billion in FY24, focusing on drug formulations and biologicals

Uttar Pradesh govt inks over 154 defence deals worth Rs 25,000 crore

The defence projects are coming up in the mega UP Defence Industrial Corridor (UPDIC) spanning six nodes of Lucknow, Kanpur, Jhansi, Aligarh, Chitrakoot and Agra districts

FinMin concludes pre-Budget talks with 120 invitees, 10 stakeholder groups

Representatives from agriculture, education, health, MSME, energy, infrastructure sectors were the participants

India plans geological mapping and mineral exploration in Zambia

India seeks to access African nation's critical minerals to diversify its supply chain and strengthen bilateral ties

India, UK to hold next round of talks on proposed trade pact this month

Britain's newly-elected Prime Minister Keir Starmer spoke to Prime Minister Narendra Modi on Saturday and said he stood ready to conclude an FTA that worked for both sides

'Jobless growth': Cong slams govt over 'accentuated unemployment crisis'

Ramesh shared highlights of the report which stated that India must create 12 million jobs per year for the next 10 years to employ our youth

India will be unable to plug jobs gap even with 7% growth, says Citigroup

Citi estimates India will need to create about 12 million jobs a year over the next decade to absorb the number of new entrants to the labor market

Time needed to achieve 2% inflation target: NY Fed's John Williams

He further said that uncertainty will continue to define the monetary policy landscape for the foreseeable future

Labour Party's electoral victory renews hope for India-UK trade deal

Keir Starmer became Britain's Prime Minister on Friday after his Labour Party's landslide electoral victory against Rishi Sunak-led Conservatives

India will be superpower by 2047, but not high-income economy: Martin Wolf

He added that India's size gives It the resources to diversify and upgrade the economy overtime and can become a magnet for FDI

Manufacturing wages are heading up amid labour shortage in country

Pay is rising faster than in other segments of the economy

Costlier veggies make vegetarian thali dearer by 10% in June: CRISIL

The overall hike in vegetarian thali prices was attributed to a 30 per cent increase in prices of tomato, 59 per cent in potato and 46 per cent in onion

Higher exports and migration marked post-Covid UK ties with India

India is among the largest sources of investments into UK