Page 527 - Economy & Policy News

Equity, debt markets helped outward remittance rebound in August

The overall remittances increased by 43 per cent from July

RBI Governor Shaktikanta Das cautions against large supply shocks

External member Goyal says increase risk weight, LTV rather interest rates to restrain over-enthusiasm

Fresh formal job creation slows to 5-month low in August, shows EPFO data

The net monthly payroll numbers are, however, provisional in nature and are often revised sharply the following month. That is why the new EPF subscriber figure has greater certitude than net addition

Miners race to realise graphite projects as China controls exports

To stay ahead in a fast-changing industry, carmakers have been investing directly in mining projects to ensure future supplies of battery inputs

China's graphite curbs will accelerate plans for alternatives, say analysts

China's decision may escalate trade disputes globally and spur other countries to prioritize research into alternative sources and materials, industry executives said

Morgan Stanley upgrades India to standout overweight citing earnings growth

The "dream" run of domestic flows continues and multipolar world dynamics are driving both FDI as well as portfolio flows towards the country, it said

Rural Development Ministry sanctions over Rs 36 cr under PMGSY for Ladakh

"In case of non-transfer beyond this period, Central Government may also be constrained to stop further releases," the circular said

EU wants free trade deal with India for 'real' mkt access: Spain's Minister

"There is an enormous interest from the member states, but only if there will be an access to the real market, without which the deal would be emptied"

Monetary policy must remain extra alert to ensure economic stability: MPC

MPC in its last meeting earlier in the month, decided to keep the benchmark lending rate at 6.5 per cent, for the fourth time in a row, in a bid to keep retail inflation under check

Businesses need to factor in impact of terror while making investments: FM

On globalisation, she said there is pessimism about it and there is talk of re-globalisation... how strategic blocks are reshaping itself

Inflow into Gold ETFs dips to Rs 175 cr in Sept after hitting 17-month high

Prior to that, Gold ETFs saw an inflow to the tune of Rs 298 crore during the April-June period after three quarters of consecutive outflow

Only time will tell how long interest rate will remain high: RBI Governor

On elevated crude oil prices in the international market, he said, "what matters is the pump prices in India"

Govt to ensure that debt burden not passed on to future generation: FM

Addressing the Kautilya Economic Conclave 2023 here, she said the government is looking at the ways in which it can bring down the overall debt

India not planning curbs on imports or investments from Canada: Reports

Ties between New Delhi and Ottawa deteriorated sharply after Prime Minister Justin Trudeau said in September his intelligence agencies were pursuing credible allegations

Fuel shortage unlikely but disruption in oil supplies, price hikes possible

Fluctuations since the attack pushed oil prices as high as $96

India will account for 18% of global growth by 2028, to play key role: IMF

India's faster growth compared with China's economic slowdown could see the South Asian nation make a bigger contribution to global growth than its larger rival

Number of women in blue-collar jobs increasing across manufacturing sector

As companies move to be more gender inclusive

Rural road construction changes path for the first time in 8 years

The rural development scheme has been 'poorly' performing for some time now, as it has been continuously missing its targets for the April-June period since FY16

Govt won't curb PC, laptop, and other IT hardware product imports

Puts in place 'contactless' authorisation system

Some MNCs may face tax heat as SC clears air on MFN applicability

The issue emerged when India signed treaties with other nations, including Slovenia, Lithuania, and Colombia, and fixed a lower rate (5 per cent withholding tax)