Page 511 - Economy & Policy News

Fitch upgrades India's mid-term GDP growth forecast to 6.2% from 5.5%

Fitch blamed China for pulling down the estimate of 10 emerging countries to 4 per cent from 4.3 per cent earlier

DESH Bill explained: What it is and why the government may junk it

Discussions are taking place on whether the DESH bill will be passed or the SEZ Act will be amended, officials said

Govt could discard proposed DESH Bill, amend SEZ Act: Details here

The Ministry of Commerce and Industry is eager to permit units in these zones to sell in areas outside SEZs, called domestic tariff areas (DTA) without the payment of customs duties

Disturbing the maths: PMGKAY extension may be a costly affair in long run

The Commission for Agriculture Costs and Prices (CACP) has long advocated for a cap on the procurement of wheat and rice on a per-hectare basis

MP Assembly polls: Heart of India gearing up to vote for real job prospects

Lies, damned lies, and statistics: Why is unemployment in the state a riddle, wrapped in a mystery, inside an enigma?

FPI net investment in debt market in October third highest in CY23

Market participants said that India's bond inclusion in J P Morgan index further aided inflows in the domestic debt market

Extra NREGS funding may not be enough if work demand stays robust: Experts

Expenditure on the scheme has been around Rs 77,634 crore till October end

Rs 300 cr will be spent on tourism, water sports infra in Nadaun: HP Dy CM

Agnihotri was in Hamirpur to attend the closing of the three-day Asian Rafting Championship and distribute prizes to winners

Statsguru: Six charts explain challenges for India's 'Vision 2047'

A number of hurdles will have to be overcome to meet these ambitious targets. One of the challenges will be to maintain growth at 9 per cent, required to reach $30 trillion over a 25-year period

CII outlines nine-track plan to transform southern parts of India by 2047

CII will hand-hold 2,000 MSMEs, which will be serviced and sensitised on various elements of competitiveness in collaboration with CII centres of excellence

Need to shift away from foods that add to climate change: President Murmu

"The time has come when we have to choose our menu in a way that avoids any harm to nature," she added

Leadership roundtable at WETEX, DSS discuss ways to achieve climate goals

We seek to galvanise and coordinate the efforts of all stakeholders in the government and private sectors to support climate action

Curbs, PLI, quality norms help cut import of some non-essential goods

According to an analysis of the commerce and industry ministry, import restrictions imposed on tyres helped cut the inbound shipments by 74 per cent to $ 74 million in 2022-23 from $ 276 mn in 2019-20

US job growth slows in October; unemployment rate rises marginally to 3.9%

The labor market is the major force behind the economy's staying power, with gross domestic product recording an annualized growth pace of nearly 5% in the third quarter

Maiden 50-year bond becomes an instant hit with insurance companies

Bids worth Rs 40.2K cr vs target to raise Rs 10K cr

UK PM Rishi Sunak, Modi discuss Israel-Gaza conflict, FTA progress

The leaders discussed the deeply distressing situation in the Middle East and condemned Hamas's attacks on Israel, said a Downing Street spokesperson in a readout of the call

Power ministry nudges state govts, gencos to take up insolvent assets

The power ministry is looking at a quicker turnaround of these stressed power plants and enhancing power supply

Elevated local prices dent gold demand in India, dealers offer discounts

In China, premiums over global spot prices were quoted at $25-$40 per ounce, little changed from last week

Oil prices head for weekly loss as geopolitical risk premium wanes

On the supply side, Saudi Arabia is expected to reconfirm an extension of its voluntary oil output cut of 1 million barrels per day through December, based on analyst expectations

FinMin launches amnesty scheme for filing appeals against GST demand orders

The move will facilitate a large number of taxpayers, who could not file an appeal in the past within the specified time period