Page 482 - Economy & Policy News

China turns up heat on trade with rare earth tech export restrictions

The US is spearheading a drive to reduce China's stranglehold over flows of these minerals, from rare earths to lithium and cobalt.

Indonesia secures rice import commitments from India, Thailand: Report

Jokowi, as the president is known, said while Indonesia's headline inflation is low, he remains concerned about food prices and imports would help secure supply

MUFG looking to expand India operations amid economic slowdown in China

Japan's largest lender has been building up its operations in India in recent years. In August last year, it opened a branch in the Gujarat International Finance Tec-City

130,000 CM Awas Yojana houses to be built in rural areas: Ashok Singhal

The state cabinet has decided to conduct a comprehensive socio-economic assessment of Assam's indigenous minorities

Dollar softens, sterling squeezes as focus turns to US inflation figures

The dollar dipped on Thursday while sterling crosses were nursing losses in holiday-thinned trade ahead of the last major data release of the year in Friday's US inflation figures

CPSEs make 34.63% procurement from MSMEs in FY24 against mandated 25%: FM

FM on Thursday said Central Public Sector Enterprises (CPSEs) have made 34.63 per cent of their total procurement from MSMEs in 2023-24 (till November) as against the mandated 25 per cent

Inequality a relative concept; absolute poverty India's urgent concern: CEA

The CEA notes that for a developing country such as India, where the growth potential is high and the scope for poverty reduction is also significant

India's exports resilient to global demand and exchange rates: CEA

According to the advisor, India's foreign trade has 'boomed' due to reforms that happened over the past few decades

CEA reiterates India's stand for more climate funds from developed nations

Citing studies by the United Nations agencies and independent studies, the report said that the developed world has fallen short on its climate action

Must maintain momentum on policy guidance in G20 Delhi declaration: CEA

Strengthening multilateral development banks for the 21st century

Resurgence of pirates in international waters puts Centre on alert

Geopolitical instability, rising sea robberies pose risks to maritime economy

India's agri exports may stay flat in FY24 due to ban on wheat, rice, sugar

India exported agricultural products worth $53 billion in the previous financial year

RBI to conduct VRR auction again as liquidity deficit widens to Rs 2.3 trn

The market speculated a total of around Rs 4 trillion worth of outflows because of advanced tax and GST payments in December

India to provide duty cuts in FTA only if UK increases localisation to 45%

The UK side has also opposed India's proposal to provide duty cuts for electric vehicles priced above $85,000

FinMin economic advisors question rating agencies' view on India's progress

Criticise "unilateral measures" by advanced economies to combat climate change

RBI announces draft norms for setting up SROs, proposes to audit its books

SRO to inform the central bank on breach of norms by members

Adaptation fails to get limelight at mitigation-focused COP28 summit

'A transition away from fossil fuels'. The decision was lauded, but what lies ahead?

Telecom Bill to fast track allocation of spectrum in various sectors

19 sectors listed in Bill for allocation route, national frequency allocation plan to be revamped

Rupee ends lower due to high dollar demand from oil firms, US data awaited

The Indian rupee declined on Thursday as dollar demand from local oil companies weighed on the local unit, while traders awaited GDP and labour market data from the United States

Centre to add 270 mn additional beneficiaries to Ayushman Bharat by Jan 26

To reach its target of including 550 million people, the government plans to cover 270 million additional beneficiaries in just over a month