Page 426 - Economy & Policy News

India bargaining hard with EFTA countries for creation of 1 million jobs

EFTA comprises four nations - Iceland, Switzerland, Norway, and Liechtenstein

Chatroom: ADD not exempt on imports under the EPCG authorisations

TNC Rajagopalan answers SME queries related to GST, export and import matters

Battle for short term money likely to turn more intense in March

Mobilisation of funds via certificates of deposit increased 3x in February

FM Sitharaman calls for clarity on GST classification-related issues

CBIC gave a presentation that it has detected fake input tax credit claim of Rs 1.14 trillion from the year 2020 till date

Education institutes take the lead in India's sure and steady patent rise

India's share in global patent grants has increased but it ranks fourth among the five largest economies

WTO MC13: India blocks EU proposal to link trade with industrial policy

The proposal was a major ask by the EU

Trading turnover logs fresh high in February, rises 2 times in a year

Sign of strong investor confidence say experts

India's unemployment rate in 2023 dropped to 3.1%, shows NSO data

Since the quarterly samples are drawn independently, estimates of labour force indicators for a calendar year have been obtained by combining the data from the four quarters of the calendar year

India likely to grow at 10% for 10-20 years: Deloitte's Romal Shetty

He urged investors to grab the opportunity India's rapid growth offers

Odisha approves 22 industrial projects worth investment of Rs 4,000 crore

The projects after proper implementation are likely generate 25,525 jobs in 12 districts, officials said

Peak power demand estimated to rise 7% to 260 GW this summer: Report

The peak power demand during the summer of 2023 touched 243 GW against a projection of 229 GW

'RBI likely to take delivery of maturing $5 bn FX swap next week'

Taking delivery of the FX swap would infuse around 400 billion rupees but cash outflows towards direct taxes are expected to ensure a sustained deficit in the system

At 4.3% in FY25, inflation may head lower than RBI forecast, estimates CMIE

Cost of housing, tobacco and other intoxicants among those bucking the trend

Atishi announces Rs 1,000 monthly assistance scheme for women aged above 18

"The Kejriwal government will give a monthly amount of Rs 1,000 to every woman aged 18 or above. Under the Mukyamnatri Mahila Samman Yojana, women will be given this benefit," she said

Govt allows export of 30,000 tonnes of non-basmati white rice to Tanzania

India has earlier also allowed these exports to countries like Nepal, Cameroon, Cote D' Ivore, Guinea, Malaysia, Philippines, and Seychelles

Govt permits 64,400 tonnes of onion exports to UAE, Bangladesh via NCEL

The exports are allowed on the basis of permission granted by the government to other countries based on their request

Moody's raises India growth forecast to 6.8% on stronger economic data

India's real GDP expanded 8.4 per cent year-over-year in the fourth quarter of calendar year 2023, resulting in a 7.7 per cent growth for full-year 2023

Opec+ production cuts deepen with extensions from Saudi, other oil giants

Some members of oil cartel OPEC, led by Saudi Arabia, and allied producers like Russia are again deepening their voluntary crude supply cuts.

Europe's higher defence expenditure may hit exports

To find more resources to fund higher defence expenditure, Europe may have to raise taxes or cut government spending on welfare and other development activities

Green energy push: India's companies charge up on power policy shift

Rush to tie up green energy through open access in C&I segment after two key policy amendments last year