Page 547 - Economy & Policy News

India-UK FTA talks gain steam: Commerce secy, team in London to push deal

Thirteen rounds of negotiations have been completed so far

Services sector in Sept sees strongest output in 13 years; PMI rises to 61

The latest data showed a substantial increase in new business placed with Indian service providers, one that was the second-fastest since June 2010

WTO halves 2023 global merchandise trade growth forecast to 0.8%

The report said merchandise trade volume was down 0.5 per cent year-on-year (Y-o-Y) in the first half of 2023, but a modest pickup is expected in the second half of the year

India opposes environment deliverable at WTO ministerial conference

In Norway's view, the MC13 should drive further progress on the WTO's contribution to tackling common environmental challenges

Strengthening ties: British companies in India register strong growth

As many as 147 companies have met the qualifying criteria and have been featured in the BMI Growth Tracker

India confident of continuing discounts on Iraqi and Saudi crude oil

Share of imports from traditional middle eastern share has crept up even as Russian oil dominates

Centre to hold PLI scheme payouts' crucial mid-year review next week

Meeting takes place amid slower-than-expected progress in many schemes

GST Council meet on Oct 7, may review progress in anti-profiteering cases

Zero cases disposed of in first quarter after NAA got subsumed into CCI

India is rapidly resolving trade disputes: What does that mean for the WTO?

The WTO might continue to be the bedrock of the global trading system, but its context in today's era has perhaps changed

UAE investors eye infra, education, food processing, fin sectors: Goyal

"I believe that in the days ahead, we will see significant flow of investments both in public markets and in the manufacturing and services sector," he said

No constraint of funds for rural job scheme MGNREGA, says Centre

In its statement, the ministry said that by October 4, Rs 56,105.69 crore out of the Rs 60,000 crore budget for the scheme has been released

Rajasthan announces one-time payment of Rs 5,000 for registered gig workers

He also announced a 90% fare exemption on Rajasthan Roadways buses for those with monthly passes

Oil prices drop further as uncertain demand outlook weighs OPEC+

The U.S. services sector slowed in September as new orders fell to a nine-month low, though the pace remained consistent with expectations for solid third quarter economic growth

NPCI International signs agreement with Al Etihad Payments of UAE

Tangible benefits of the agreement include the availability of real-time and cost-effective cross-border remittances for the users of both countries

Gujarat to play key role in achieving $5 trillion economy: CM Patel

CM Patel reiterated the state government's support to industry and stated that the government is committed to ensuring that businesses in the state do not face any problems

India, UAE ink MoU to enhance cooperation in industries, advanced tech

India and the UAE on Thursday signed a Memorandum of Understanding on increasing cooperation in the field of industries and advanced technologies

Govt to start critical minerals auction in few weeks, says official

It is also set to notify draft rules for exploration licences for the resources

GST Council likely to exempt distilled alcohol used to make liquor from tax

However, states adopt different practices while imposing GST on extra neutral alcohol, which is key input used to produce liquor

RBI expected to retain 6.5% benchmark rate in monetary policy, say experts

The RBI is expected to retain the benchmark rate of 6.5 per cent in its latest bi-monthly monetary policy review, amid inflation concerns and other global factors, experts said

Global infra faces losses worth $300 bn due to climate change: Report

The report said the annual investment required to fund the infrastructure deficit, achieve the sustainable development goals, and strengthen resilience by 2050 is about to $9.2 trillion