Page 446 - Economy & Policy News

Emphasis on capex is the highlight of Interim Budget: FM Sitharaman

She also informed the Rajya Sabha that the unemployment rate in rural areas has decreased from 5.3 per cent in 2017 to 2.4 per cent in 2023

Have to remain vigilant about incoming data and outlook, says RBI

RBI governor Shaktikanta Das responded to a range of issues during the post policy media interaction

Govt bonds reverse gains after monetary policy committee outcome

RBI to conduct 14-day variable rate repo auction on Friday

Concerns over the sampling design of national surveys not tenable: Govt

NSS sampling design are not tenable, since the conclusions drawn have been based on the assessment of sampling design with faulty application inapplicable method/approach

FM Sitharaman tables 'White Paper', blames UPA for 'mountain of bad loans'

The 'White Paper' states that the UPA government failed miserably to facilitate economic activities and created hurdles that held back the economy

February rain kindles hope of better harvest in Rajasthan traders

If rain lashes the state in the next 10-15 days, then it will further boost production, traders said, adding that more rainfall after that will affect the crops

Fuel consumption rises 8.2% in January on strong industrial activity

Total consumption, proxy for oil demand, totalled 20.04 mn tonnes in January, up from 18.51 mn tonnes a year earlier, data from Petroleum Planning and Analysis Cell (PPAC) of oil ministry showed

Govt will seek an end to WTO's 1998 tariff freeze on trade of digital goods

The WTO has had a moratorium on customs duties on electronic transmissions since 1998, and members have extended the rule every two years

Sulphur-coated urea will improve fertiliser efficiency but needs efforts

Farmers will have to be educated and factories will require capital expenditure

China's consumer prices suffer steepest fall in more than 14 years

Citigroup economists said in a research note last week that they expect mild reflation in 2024, and forecast annual CPI inflation at 1.2 per cent year-on-year

India is scorning the energy bounty that helped to transform China

However, India is desperately short of domestic oilfields. Just 2.6 billion metric tonnes of its estimated 359 billion tonnes of carbon storage capacity is in petroleum reservoirs

India closes in on Vietnam for tag of 'alternative to China' in tech sector

Owing to the persistent strain in US-China relations, Chinese supply chains have been looking at moving out of their country to locations which the US considers to be 'friendly'

North-South divide: Decoding unfair tax money devolution to southern states

The row over depriving southern states of their share picks up steam with Karnataka Congress leaders' protest

LS passes Finance Bill, completes exercise for interim budget 2024-25

The Finance Bill, 2024, does not propose any change in the tax structure as the final budget will be tabled in July after the new government assumes office post the general elections in April-May

Andhra Pradesh govt tables interim budget of Rs 2.86 trillion for FY25

In terms of percentage, revenue deficit amounted to 2.19 percent of the GSDP while the fiscal deficit was 4.18 percent

India will be world's biggest oil demand growth driver through 2030: IEA

The country is already second largest net importer of the fuel, say agency in report on energy security

WTO MC13: India to oppose any negotiation mandate on non-trade issues

The 13th Ministerial Conference (MC) will be held from February 26-29 at Abu Dhabi, United Arab Emirates (UAE)

EPFO mulls reinvesting 50% of ETF redemption proceeds in equity market

The move aims to enhance its equity exposure and earn higher returns for nearly 65 million subscribers

Why is achieving 'atmanirbharta' in edible oils a difficult ask?

Unless the focus comes back on high-yielding seeds that have a higher oil content than currently available varieties, self-sufficiency in edible oils will continue to be a mirage

Vegetarian thali costlier in last one year, non-veg thali cheaper: CRISIL

The rise in the cost of a veg thali signals that the food inflation inched up in January as compared to January 2023