Page 584 - Economy & Policy News

India's Russia oil imports fall to 7-mth low, Saudi jumps, shows trade flow

Refiners in India have been snapping up discounted Russian oil after some Western buyers shunned purchases over Russia's full-scale invasion of Ukraine in February last year

Rly Board gets first woman CEO, Jaya Varma Sinha to take charge from Sep 1

Jaya Varma Sinha to take charge from September 1

Govt invites Expression of Interest from bidders for IMPCL strategic sale

The government on Thursday invited Expression of Interest (EoI) from bidders by October 15 for strategic sale of Indian Medicines Pharmaceutical Corporation Ltd (IMPCL)

India at cusp of new pvt capex cycle as states bag investments: Report

The Indian economy is at the cusp of a new private capital expenditure cycle, a domestic credit rating agency said on Thursday

Indian real GDP grew 7.8% in April-June quarter; lower than RBI's estimates

In its recent bi-monthly monetary policy announcement, the Reserve Bank of India had pegged the GDP growth rate for the June quarter at 8 per cent

Fiscal deficit touches 33.9% of full-year target at end-July: CGA data

The deficit stood at 20.5 per cent of the Budget Estimates (BE) in the corresponding period of the financial year 2022-23

India's April-July finished steel imports from China at five-year high

In all, India imported 2 million metric tons of finished steel in the period, the highest since 2020 and up 23% from a year earlier

India's Russian crude imports decline sharply in Aug to lowest in 7 months

Shipments of Russian oil to India dropped to 1.6 million barrels per day (bpd) in August from 2.1 million bpd in July, the steepest month-on-month drop

India's crude oil imports from Russia down 24% MoM, lowest in 7 months

Indian refiners also cut shipments from Iraq, another top supplier, by 10% on the month in August to 848,000 barrels a day

Brazil's Embraer in talks with HAL, Tata for defence aircraft manufacturing

President and chief executive of Embraer Defense & Security said that the firm expects to announce its partner by December

McDonald's, Domino's and 200 others now face a Rs 30,000 cr tax demand

Seeking about Rs 30,000 crore in taxes for the FY11-FY15 period, these notices were sent by the tax authorities in the last six months

Here's how Indian rice exporters are finding ways to get past the curbs

The exporters are overbilling so that they do not lose their export market share to Pakistan, which is another major competitor in rice exports

Gati shakti framework could unsnarl India's infrastructure bottlenecks

Capability-building measures under Gati Shakti framework could address existing challenges

Global oil prices up due to tighter supply, China economy in focus

U.S. West Texas Intermediate crude futures gained 10 cents, or 0.13 per cent, to $81.74

JNPA eyes top spot in container volumes amid Gati Shakti boosted revamp

'One of India's busiest container ports, JNPA is expected to reclaim its top position in handling container volumes'

PM Gati Shakti fuels growth in India's inland waterways, says IWAI chairman

'Earlier, water transport did not invite so much focus. It is the most efficient form of transport as it consumes the least energy'

MMRDA aims for Rs 1.4 trn in debt funding, bolstered by 'Gati Shakti'

Sanjay Mukherjee discusses the fundraising plans, the impact of policies such as Gati Shakti and the challenges in city infrastructure projects

Industry leaders laud Gati Shakti for streamlining infrastructure growth

Highlighting why Gati Shakti was required in an already existing bureaucratic system, Akhil Gupta, vice-chairman, Bharati Enterprises, cited the example of telecom tower construction

Gati Shakti master plan: Transforming infra planning with holistic approach

The conversation traverses Gati Shakti's vast spectrum

Unlocking India's infrastructure: How technology powers Gati Shakti mission

Sourabh Lele gives a lowdown on the technology enabling Gati Shakti