Page 456 - Economy & Policy News

GDP growth will moderate to below 6% in December quarter: ICRA projection

India had registered a Gross Domestic Product (GDP) growth rate of 7.6 per cent in the July to September period

Thousands of Indian workers queue up for jobs in Israel, undeterred by war

"There is unemployment here and its because of it that people want to leave," said Lekharam, a mason who was among the workers gathered at a recruitment camp in Rohtak, 66 km (40 miles) from Delhi

Indian economy has transformed in last one decade: Union ministers at WEF

Speaking at a session on 'Can India seize its moment' at the World Economic Forum Annual Meeting 2024, union minister Hardeep Singh Puri said India has already seized the moment

Cabinet nod for three officer-level posts for 16th Finance Commission

The three posts include two posts of Joint Secretary and one post of Economic Adviser

Cabinet approves memoranda on health products with Netherlands, Ecuador

Issues of substandard and falsified medicines moving in the international markets, and interaction amongst regulatory agencies are facilitated through the MoU, it stated

Davos 2024: Global alliance calls for inclusive access to advanced AI tech

World Economic Forum's AI Governance Alliance on Thursday said a global effort is needed to create equitable access to advanced artificial intelligence

Committed to safe use of GM crops with robust evaluation system: Govt to SC

The apex court is hearing public interest litigations (PILs) challenging the environment ministry's decision to approve the commercial cultivation of GM mustard

53 road projects worth Rs 2 trn identified to be bid out with major reforms

NHAI proposes major reforms in BOT projects

Red Sea crisis: Comm dept asks FinMin to maintain credit flow to exporters

Shipping ministry asked to monitor trade volume at major ports in India

PLI scheme spurs Rs 1.03 trillion investment; boosts exports, jobs

While the incentive disbursement to companies participating in the scheme was Rs 4,415 crore as of now, the payout as of September was Rs 1,541 crore

Govt may earmark Rs 4 trillion for next year's food, fertiliser subsidies

Food and fertiliser subsidies account for about one-ninth of India's total budget spending of Rs 45 trillion during the current fiscal year that ends on March 31

Fertiliser subsidy bill likely to be within FY24 BE: Minister Mandaviya

He said actual subsidy expenditure would have been lower if freight charges had not risen due to Red Sea crisis

'UP govt okays Rs 2,940 cr for expansion of YEIDA, UPSIDA, UPEIDA'

"So far, a total of Rs 7,042.67 crore has been approved for the expansion of all industrial development authorities," the minister added

30% districts saw high number of rain-deficit yrs in 4 decades: CEEW study

At the same time, 38 per cent of districts saw a high number of excessive rainfall years in 40 years, shows the CEEW study

More global money will flock to India post general elections: Goldman

India's stock benchmarks, trading at record highs, just clocked their eighth straight year of gains as investors bet on the country's booming economic growth prospects

IBC needs further changes for resolution of biz conglomerates: RBI Dy Guv

Swaminathan J, deputy governor, RBI said that very often business conglomerates have intricate corporate structure with inter-connected related-party relationships that add to the complexity

ESIC considers to extend medical benefits to unorganised, gig workers

Employees' State Insurance Corporation has already initiated several discussions with various stakeholders

India reiterates need for early resumption of negotiations in West Asia

"I am confident that under the able leadership of our Ugandan friends, the Non-Aligned Movement will re-emerge as a force for positive change," minister said

India for fast tracking talks to find food stockholding solution at WTO

The issue was discussed at a WTO (World Trade Organisation) agriculture negotiations meeting held on January 16

CPI inflation to average 4.5% in FY25, growth to top 7%: RBI Governor

Observing that headline inflation substantially eased from the elevated level seen in the summer of 2022, Das said price momentum was easing across core goods and services