Page 441 - Economy & Policy News

Supply chain delays impact investment in speciality steel PLI: Govt

Investments in the steel sector have a long gestation period and depend on the procurement of various equipment. Often some of these equipment are sourced from abroad.

Moderation in food prices cools WPI to 3 month low of 0.27% in Jan

This is the third consecutive month that the wholesale inflation rate had remained in the positive territory after it had recorded deflation for the major part of the financial year 2024

Economic cooperation must continue despite Gaza, Red Sea conflicts: Kwatra

He was responding to a question on whether Israel's latest conflict would impact the India, Israel, US and the United Arab Emirates (I2U2), and the proposed India Middle East Economic Corridor (IMEC)

Government bonds, rupee weaken post higher than expected US inflation data

Now that rate cut expectation in the US is getting postponed. The market's expectation for the Reserve Bank of India (RBI) to ease its liquidity stance is also experiencing delays

16th Finance Commission: Chairman Panagariya discusses ToR in first meet

The 16th FC would carry out detailed analytical work and rope in expertise from leading research organisations

RBI Governor asks bank CEOs to maintain vigil around risks build-up

Das also highlighted the issue of high growth in personal loans, which has been an outlier among other categories. He also talked about banks' exposure to non-banking finance companies

Expected Infrastructure push sets South India's cement market in motion

Industry majors and analysts expect the rise in overall infrastructure capital outlay in the Interim Budget to Rs 11.11 trillion in 2024-25

Sensex earnings yield gap with 10-year US treasury bond turns negative

A negative spread between Indian equity yield and US long-term Treasury bond makes Indian equities less attractive for foreign investors and may lead to a selloff by FPIs

Govt in talks with ministers of IEA member countries for full membership

In statement issued after IEA's 2024 ministerial meeting in Paris, agency said talks with India are in recognition of country's "strategic importance" in tackling global energy and climate challenges

Defence ministry procurement via GeM portal crosses Rs 1 trillion mark

The Government e-Market (GeM) portal was launched on August 9, 2016, for online purchases of goods and services by all central government ministries and departments

India's record pace in building roads slows down as bills rise, polls near

Terms for building expressways have been changed as the government seeks better utilisation of funds

Price rise in majority of states and UTs lower than 5.1%, shows data

A total of 12 out of 23 states and UTs recorded inflation lower than the all-India figure of 5.1 per cent

Not an absolute no from India on RCEP, doors open: Asean secy general

Asean Secretary General Kao Kim Hourn CM is leading the Asean Secretariat delegation on a working visit to India

Wholesale inflation eases to 0.27% in January, food inflation at 3.79%

WPI inflation January: The highest fall in inflation was witnessed in manufactured products followed by fuel & power

Billionaire Birla's Hindalco Industries bids for critical minerals leases

India currently needs to import most critical minerals, and access to local mines is important for the growth of the electric vehicles market and the renewable-power sector.

Two of every five industrial employees now contract workers: ASI data

Contract workers are employed by an industrial establishment through contractual agreements for a specified period or task

WTO informal discussions: India opposes plan for dispute categorisation

WTO members have engaged in informal delegate-level discussions since April 2022, initiated by the US, which is seeking consensus on reforms in the dispute settlement system

India, UAE sign bilateral investment agreement during PM Modi's visit

Framework on proposed IMEC also signed

Integrating financial systems, we are partners in progress: PM Modi

Modi said India and UAE have inked an agreement interlinking their respective instant payment platforms that will make it easier for the Indian diaspora to remit money to their relatives in India

Yield spread between corporate bond and g-sec narrows in February

Sentiment was also impacted by VRRR auctions by RBI last week to suck out liquidity