Page 517 - Economy & Policy News

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

G7 to agree on artificial intelligence code of conduct for companies

The voluntary code of conduct will set a landmark for how major countries govern AI, amid privacy concerns and security risks, the document seen by Reuters showed

NCDEX suffers major losses as suspension of futures gets extended

The commodities are paddy (non-basmati), wheat, chana, mustard seed and its derivatives, soybean and its derivatives, crude palm oil and moong

Eye on free-trade agreement, India seeks Eurasian bloc trade data

The pact, if materialised, will strengthen the bilateral commercial relationship between India and Russia

NITI Aayog's Vision 2047 for $30 trn economy may be ready by December

These goals include a per capita gross domestic product (GDP) of $17,590, $8.67 trillion of exports, and Rs 1,273 trillion of investments by 2047

Why income support schemes tend to elude tenant farmers: Grassroots studies

PM-Kisan is a central government scheme of 2018 that gives Rs 6,000 a year as minimum income support to small and marginal farmers

NHAI monetises highways worth Rs 6,584 cr via toll, operate, transfer mode

The two bundles (11 & 12) are Allahabad Bypass on NH19 in Uttar Pradesh and Lalitpur-Sagar-Lakhnadon section that passes through Uttar Pradesh and Madhya Pradesh

Odisha to spend Rs 2,000 cr to create disaster-resilient infrastructure

the government was giving priority to resilient infrastructure and state-wide risk mapping would be undertaken for various disasters, Chief Minister Naveen Patnaik said

J&K receives investment proposal worth Rs 86,000 crore: LG Manoj Sinha

Sinha, who inaugurated 12 controlled atmosphere stores here, said the government was working to ensure that these investment proposals are translated into tangible projects

Vision plan to become $30 trn economy by 2047 in works: NITI Aayog CEO

The vision document will outline the institutional and structural changes/ reforms that will be needed for the country to become a developed nation by 2047

India pitches for clear definition of e-commerce trade in goods in WTO

At present, there is a difference of understanding about the subject between developed and developing member countries of the World Trade Organization

Restaurants make Rs 1,100 cr as Kolkata splurges on food during Durga puja

The fine dining restaurants of the city made Rs 1,100 crore in six days culminating on Dashami', the last day of the festival, which is more than 20 per cent of earnings in the same period last year

Govt asks states not to impose tax/duty on power generation from any source

Clarifying on the constitutional position, the ministry said the powers to levy taxes/duties are specifically stated in the VII Schedule

Govt imposes minimum export price of $800 per tonne on onion till Dec 31

An official statement said that the step will help in maintaining sufficient availability of onion to domestic consumers at affordable prices as the quantity of stored Rabi 2023 onion is declining

Kharif crop output, including rice, may drop due to uneven monsoon

Initial production estimate shows rice production could be over 3 per cent less this kharif as compared to last year

Goyal urges G7 members to collaborate to facilitate cross border trade

In the meeting, Goyal urged the governments to collaborate on a regulatory framework to ease the movement of supply chains and facilitate cross border trade, an official statement said

Power Ministry asks utilities to import 6% of their coal until March

In a letter dated Wednesday and seen by Reuters on Saturday, the ministry asked the companies to blend the imported coal with domestic coal to maintain stocks amid higher consumption

Goyal condemns terrorism, stresses unity with G7 as Israel crisis soars

Goyal's remarks reflect a close and growing interplay between trade and geopolitical tensions around the world, amid concerns that the conflict in the Middle East could spread

India Mobile Congress 2023: India will lead the world in 6G, says PM Modi

After the fastest roll-out of the 5G technology in India, the government is now working on becoming a leader in 6G, the PM said

Li Keqiang, China's diminished former premier, dies of heart attack at 68

Li Keqiang's term as premier coincided with the first 10 years of Xi Jinping's reign as China's president and top party leader