Page 442 - Economy & Policy News

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

Govt plans $9 billion rooftop solar push amid looming Lok Sabha elections

Sluggish deployment of rooftop systems has cast doubt on India's target of almost quadrupling solar power generation capacity from 73 gigawatts by the end of the decade

India, UAE sign agreement to develop trans-continental trade corridor

The corridor, announced last September on the sidelines of the G20 summit in New Delhi, aims to extend from India across the Arabian Sea to the United Arab Emirates and through Saudi Arabia

Govt signs contracts worth Rs 2,269 crore with Bharat Electronics Limited

The electronic warfare system will be installed on-board the frontline warships of the Indian Navy, officials said

Need to grow at 7-8% to become developed nation by 2047: Ex-RBI Guv

In his speech, referring to the innovations in technology, Rangarajan opined that model economic growth has been spurred by a rapid and persistent observation of technology

India built best digital economy, finance infra: Nobel winner Spence

Spence also pointed out that the world is experiencing a "kind of regime change in the global economy"

India narrows gap with China in key MSCI index with weight hitting new high

In comparison, China's weight in the index fell to 25.4 per cent after the February revision, from 26.6 per cent a year ago

India's coal imports register 27% rise in December, reaches 23.35 MT

India's coal import registered a rise of 27.2 per cent to 23.35 Million Tonne (MT) in December, over the corresponding month of the previous fiscal

Odisha to give Rs 1,000 to PDS beneficiaries, interest free loans to youth

'The government also decided to provide two jute bags of 20 kg and 10 kg capacity to each of the PDS families'

India's urban jobless rate eases to 6.5% in Q3FY24, shows PLFS data

The jobless rate in urban areas has been steadily declining since the high of 12.6 per cent recorded in the COVID-affected April-June quarter of FY22

Retail inflation cools to 3-mth low of 5.1% in Jan, IIP grows 3.8% in Dec

The growth rate in the IIP slightly increased to 3.8 per cent in December from 2.4 per cent in November on the back of improvement in the performance of the manufacturing sector (3.9 per cent)