Page 525 - Economy & Policy News

Demand, supply mismatch pushing up vegetable inflation frequently: CRISIL

A study by rating agency Crisil found that vegetable inflation has been the most volatile in the food category, in fact.

Mineral output index increases by 12.3% to 111.9 in August: Centre

The index of mineral production of the mining and quarrying sector for the month of August 2023 at 111.9, is 12.3 per cent

Govt cautious of unexpected spike in sovereign bond yields: Official

"If (government bond) yields go beyond tolerance level, we will take appropriate remedial actions," the official said, without giving details

Deal to make MNCs to pay 15% tax marred by loopholes: EU backed watchdog

The idea was to stop multinational corporations, among them Apple and Nike, from using accounting and legal maneuvers to shift earnings to low- or no-tax havens

Fiscal position solid, retail inflation to stay within target: FinMin

Retail inflation eased to a three-month low in September on the back of softer vegetable prices, but remained above a 4% target that the central bank has signalled would be key before easing rates

4% inflation focus may not signal 'higher for longer' rates: MPC members

"The focus, therefore, naturally shifts to the next stage of bringing the inflation to the target level," said Varma, adding that there is no ambiguity in the eventual inflation goal of 4%

Govt rolls out quality mandate for copper products, drums, tin containers

Items under these two orders cannot be produced, sold, traded, imported and stocked unless they bear the Bureau of Indian Standards (BIS) mark

MGNREGS may get additional support of Rs 28,000 crore for FY24: Report

If cleared, the total outlay of MGNREGS will be at Rs 88,000, nearly around last year's actual expenditure of Rs 89,400 crore

Indian firms cold to Tower Semiconductor's offer to set up chipmaking JV

In 2022, US chip giant Intel, which had signed a deal to buy out Tower for $5.4 billion, decided to cancel it and paid a $353 million termination fee

OMCs float tender to supply 8.25 billion litres of ethanol in FY24

The bid document was floated a few days back, and the validity of the bids was till July 31, 2024

UK-India FTA: Electric vehicles market access sparks differences

The UK government has asked India to allow exporting a limited number of fully assembled EVs to India with no customs duty

Net FDI in India down to $3 billion in April-August, shows RBI data

Global deals involving mergers and acquisitions are languishing at a 10-year low as high interest rates chill activity in equity markets

Statsguru: Sikkim floods turn the attention back on extreme weather events

About 100 instances of floods were reported during 2000-09 in India and 74 during 2010-19, according to EM-DAT, a database on international disasters

US regards Chinese military, security strategy as 'pacing challenge'

The 2022 National Defense Strategy identifies China as the only competitor to the US with the intent and capacity to reshape the international order, points out the first of a two-part series

How India's bankruptcy code framework is undergoing a quiet makeover

The insolvency regulator has in fact sought public comments on all the regulations it has notified under the code

Himachal govt lifts ban on export of safeda, poplar, bamboo, kuth

The National Transit Pass System is expected to bring greater convenience to permit processes, enhance transparency in the department's operations and improve departmental functioning, he said

Many faces of OMO

The OMO sale is quite an innovative way to address the concerns around currency

Govt may infuse capital in PSU general insurers in Q4 based on performance

Finance Ministry would consider capital infusion in three loss-making public sector general insurance companies based on their financial performance of nine months

Senior officials meet of WTO members to begin from tomorrow in Geneva

From India, senior officials, including Additional Secretary in the commerce ministry Peeyush Kumar, have reached the WTO headquarter in Geneva

Govt plans to register only India-made solar panels under ALMM: RK Singh

Minister for New and Renewable Energy RK Singh has also asked the concerned officers of his ministry to prepare a policy in this regard