Page 516 - Economy & Policy News

MCA enforces provision for foreign listing of Indian public companies

A public company, according to the Companies Act, is a company which, unlike a private company, does not restrict the transfer of shares

Brazil offers ethanol tech to India, eyes to resolve sugar dispute at WTO

The offer can help India utilise its excess sugar output and ease competition for Brazil in the international sugar market

India's Russian oil imports eased in October after prices climbed

Indian refiners have slowed Russian oil imports in recent months from the nearly 2 million barrels per (bpd) peak seen earlier this year as discounts have narrowed

Govt's fiscal deficit rises to 39.3% of annual target in H1 of FY24

The fiscal deficit was 6.4 per cent of the GDP in 2022-23 against the earlier estimate of 6.71 per cent

BFSI Summit 2023: Steady growth to continue, CEOs of public banks say

Ashwani Kumar, MD and CEO at UCO Bank said that the growth will be there due to budgetary push by the government, the G20 Summit and the production-linked incentive scheme

RE sources can meet 65% of world's power supply, 90% by 2050: R K Singh

Currently, he informed that around 80 per cent of the global population resides in countries that depend on fossil fuel imports, totalling a staggering 6 billion people

India will shop for a flexible agenda for shipping at COP 28

The possible landing of the container ship shall signal the importance India attaches to the targets for the greening of the shipping sector and larger maritime sector

Onion prices in Maha fell 5-9% after decision to fix MEP, says Centre

On Saturday, the Centre imposed a Minimum Export Price (MEP) of USD 800 per tonne on onion exports till December 31 to boost the availability of the vegetable in the domestic market

As Onion prices soar across India buyers request further govt intervention

"We are getting onions for Rs 60 to 65 from mandi. Customers are not buying the onions due to rising costs. There is a shortage of supply too," he said

Diwali bonanza: Uttar Pradesh may raise SAP for sugarcane farmers

State utility clears Rs 1,361 cr pending dues to Bajaj Hindusthan Sugar

India, UK see free-trade deal possibly in December after poll results

There isn't any firm deadline but an announcement could be made after the vote concludes and results are out December 3

BFSI Summit: 'Inclusive economic growth needs push for capex, job creation'

Samiran Chakrabarty, MD and chief economist, Citi Research pointed that it was quite natural for income inequalities to worsen when the country witnesses high GDP growth

Road connecting Mizoram with Myanmar to be completed by Nov: Gadkari

Addressing a rally at West Phaileng in Dampa assembly constituency in west Mizoram's Mamit district bordering Bangladesh, Gadkari said the 26-km road project costs Rs 1,132 crore

Average onion price in Delhi touches Rs 78 per kg, shows govt data

All-India average rate at Rs 50.35 per kg, according to govt data

BFSI highlights: Quality should get rewarded, says IFSCA chairperson

India's highest decision-makers brainstorm on the country's future growth trajectory and maintaining financial stability amid global headwinds at BS BFSI Insight Summit today

Pak central bank keeps key rate unchanged at 22% ahead of IMF's visit

Inflation rose sharply to 31.4% in September on the back of a record fuel price hike, but the government has since slashed prices at the pump

Inclusive growth a global challenge: Sonal Varma at BS BFSI Summit 2023

At the BS BFSI Insight Summit 2023, economists unanimously said that the global economy is facing difficulties and there is no room for complacency in India

Ola, Uber, Porter worst digital platforms for gig workers in India: Report

While Ola and tech-enabled logistics company Porter scored zero on a scale of 1-10, Uber and Dunzo received only one point, according to the 'Fairwork India 2023' report,

India's rice export restrictions are pushing global south towards a crisis

Every rice eater in the world has felt the pinch of India's export restrictions

India Inc sees no long-term impact of Israel-Hamas war: BS CEO survey

If the war in the Israel-Gaza region escalates into a larger West Asian conflict, it could pose problems