Page 544 - Economy & Policy News

G20 FMCBG meeting at Marrakesh: All eyes on MDB reform road map

On crypto assets, Lavasa said it may not be a major priority as there are several issues related to it that require acceptance

Business confidence index at three-quarter high in second quarter: CII

The rural economy has been on an upswing, as evident from the surge in fast-moving consumer goods (FMCG) sales and agricultural incomes in Q1 FY24

Attack on Israel may boost appeal of gold, safe haven assets, say analysts

The Hamas attack was openly praised by Iran and by Hezbollah, Iran's Lebanese allies

Soy output likely to decline by 4.3% this kharif season, says SOPA

Low soybean output could have a bearing on the prices, as it is one of the largest oilseeds grown in the kharif season

Why there are so few women in banking

The most significant boost to achieving gender parity could come from a commitment from companies to provide flexible working

Personal guarantee to attract 18% GST in exceptional considerations

Centre to issue circular soon outlining scenarios, which could trigger tax liability

Crisis brewing in Darjeeling's tea gardens; several owners looking to sell

In the last three years, 20 gardens have changed hands, and 90 per cent of the buyers are from non-tea background

Assembly polls: The age-old debate on OPS vs NPS is not retired hurt, yet

NMOPS swings for the fences as it attempts to hit a home run with a non-negotiable demand: restore the earlier pension scheme with fixed returns

Biggest-ever round of oil and gas blocks may be open for bidding in Nov

The 26 blocks earmarked by the Directorate General of Hydrocarbons (DGH) for exploration and development of oil and gas under OALP IX, constitutes the largest-ever area offered by the government

Israel trade with India doubled after Covid-19 pandemic, shows data

Petroleum products have been a key part of increased engagement

India, Tanzania to sign 15 agreements with eye on $10 bn trade: Makamba

"Defence cooperation is one of the pillars of our strategic partnership," Tanzanian Foreign Minister January Yusuf Makamba said

Israel-Hamas war: Indian exporters may face higher premiums, shipping costs

The International trade experts said the conflict may reduce the profits of domestic exporters but will not impact trade volumes unless war escalates

India, Saudi Arabia sign MoU on grid connection and green hydrogen

Singh urged the MENA countries to join the Global Biofuel Alliance to bolster international cooperation in sustainable biofuels and fully harness the potential of the Alliance

US inflation seen corroborating higher for longer Fed, CPI increase at 0.3%

Resilient demand in the world's largest economy, bolstered by unrelenting job growth, has complicated Federal Reserve efforts to get inflation down to its preferred level

British delegation to commence next round of India-UK FTA talks on Oct 9

"The 30-member team will be here tomorrow, and both sides are attempting to close the remaining issues, such as rules of origin. Everything is at the closure level," the official said

Mobile phone exports from India almost double to $5.5 bn till Aug in FY24

"India continues to strive hard to be a preferred location for GVCs. It is work in progress but the trend is positive," Mohindroo said

Fuel price hike unlikely despite oil price surge as polls loom: Moody's

This is despite the raw material (crude oil) cost surging last year, leading to heavy losses in first half of 2022-23 fiscal year before easing oil prices propelled them to profitability

Coal imports down 12% in Aug to 18.26 mn amid rise in domestic availability

The country's import of fossil fuel stood at 20.77 MT in August last year

UN FAO raises its forecast for this year's global cereal production

FAO's new Cereal Supply and Demand Brief pegs global wheat output at 785 million tonnes, coarse grain production at 1511 million tonnes

Kerala's liquidity strained, seeks Centre's intervention over borrowing cap

In a letter written to the union finance minister, Balagopal said the liquidity stress got aggravated specifically because of the cut in the annual borrowing ceiling