Page 439 - Economy & Policy News

Legal views split on disclosure of political donations by India Inc

Before the amendment the Act required a company to disclose any amount contributed to any political party along with the particulars of the amount donated and the name of the receiving party

SBI seeking lower CRR on green deposits, says chairman Dinesh Khara

Begins assessment of borrowers on ESG norms

Bond inclusion unlikely to trigger volatility: Ashima Goyal of RBI MPC

Goyal expects around $30 billion inflows on the back of the inclusion

Farmers' agitation to cause Rs 500 cr loss daily to northern states: Phdcci

The industry body looks forward to an early resolution of issues from both the government and the farmers, with a common consensus for welfare of all in country, Phdcci, President said

RBI may absorb foreign inflows via bond index inclusion: JP Morgan's Chinoy

Chinoy also highlighted the dynamic relationship between the dollar and the rupee

Govt is mulling listing of PSEs' green energy arms, says Dipam secretary

There is a lot of opportunity for subsidiary units of some of our important companies to come to the market, said Pandey

Outward FDI rises 25.7% to $2.1 billion in January, shows RBI data

Outbound FDI, expressed as a financial commitment, comprises three components - equity, loans, and guarantees

Rating agencies need to review their framework, says CEA Nageswaran

Says global financial institutions tend to accentuate spillovers for developing economies

Foreign exchange reserves snaps two-week gaining streak, shows RBI data

The reserves fell by $5.27 billion in the reporting week, their steepest fall in a month, after having risen by a total of $6.36 billion in the prior two weeks

Karnataka govt announces Rs 100 cr for makeover of 'birthplace' of Hanuman

Karnataka budget 2024: The announcement was made during the 15th budget presentation by Congress Chief Minister Siddaramaiah, who also holds the finance portfolio of the state

India resumes buying Russian Sokol oil after 2-month hiatus: Report

India did not receive Sokol oil in December and January, data from trade sources and the ship tracking data shows

India's economic growth may exceed 6% for rest of the decade: Goldman Sachs

India's demographics, strong government-led spending and healthy domestic demand makes it a "favorable destination for investments going forward," he said

National highway projects continue to ride in first gear, shows data

Centre has awarded only 3,481 km of projects in FY24 which is nearly 60% lower than last year and 35% of its target

Exports brave ongoing Red Sea crisis to post 3.2% growth in January

Trade deficit inched up to $17.49 billion

New US sanctions target India's biggest crude grades from Russia

Urals and Sokol accounted for every 4 out of 5 barrels of Russian supplies to India last year

Govt hikes windfall tax on petroleum crude to Rs 3,300 a tonne from Feb 16

It will also increase a windfall tax on diesel, that had been reduced to zero, to 1.50 rupees a litre, the order showed

MSP of wheat and paddy: How the two states Punjab and Haryana fared

Data on the number of farmers isn't comparable as no record was maintained before 2015-16

Reserve Bank of India restrains commercial card payments by a network

The RBI has clarified that business credit cards will continue to function as usual

Govt rejects EFTA's data exclusivity demand to protect generic drug cos

Commerce secretary Sunil Barthwal on Thursday said that there is no free trade agreement (FTA) in which India will go against the generic drug industry

Fiscal federalism: No breakthrough in talks with Centre, says Kerala FM

A four-member group, headed by Balagopal, held a meeting with central government officials, including the Union Finance Secretary