Page 586 - Economy & Policy News

Global inflation pressures could become harder to manage in future: Study

The prevalence of such trends across the world could intensify global inflation pressures in the coming years and make it harder for the Federal Reserve and other central banks to meet their inflation

Govt decides not to allow basmati rice exports below $1,200 per tonne

Existing contracts below $ 1,200 per tonne have been kept in abeyance

Centre imposes 20% export duty on parboiled rice; MEP on basmati rice

Till August 25, rice acreage in this kharif season was around 4.4% more than last year at 38.4 million

Direct export of fruits from Assam to Singapore successful: Officials

The 24-kilogram cargo was carried by Druk Air on August 23

India a lab for global good, has reservoir of talent: Pradhan at B20 meet

The minister noted that education and business verticals are symbiotic with businesses needing skilled and knowledgeable manpower and educated and skilled youth needing jobs

Jaishankar discusses supply chain resiliency with US trade representative

Jaishankar was also a part of Prime Minister Narendra Modi's delegation at the 15th BRCIS Summit in Johannesburg, South Africa

Insolvency code a crucial milestone in economic reforms: PM Modi

The Prime Minister took note of the seminar, titled, 'Rejuvenation of Economy under Insolvency Laws' being organised by Insolvency & Professionals Council of India

Over 500 mn Jan Dhan accounts opened in past 9 yrs, deposits cross Rs 2 trn

Financial Services Secretary Vivek Joshi said 33.98 crore RuPay cards were issued to PMJDY account holders as of August 2023, up from 13 crore at the end of March 2015

FinMin considering proposals to include EVs under priority sector lending

The move will reduce the cost of finance and also promote and accelerate the penetration of EVs in the country

Centre considering inclusion of EVs in priority sector lending category

As per RBI guidelines, it is mandatory for banks to extend 40% of their adjusted net bank credit to priority sector

G20 Summit: 'Tourist Police' trained in soft skills to assist visitors

Each team comprising one Indo-Tibetan Border Police commando, a gunman and a driver will be accompanied by probationer sub-inspectors as in-charges

86% of employees feel reskilling can help decrease unemployment: Report

With the rapid advancement of technology and its integration into various work processes, 88 per cent of employees consider reskilling and upskilling is crucial for professional growth

Awaiting India's response on setting up dispute settlement mechanism: EU

The EU's Executive Vice-President and Commissioner for Trade Valdis Dombrovskis told a small group of journalists that both sides are engaged in "intensive" negotiations on the proposed FTA

India, US hold meeting to discuss ways to promote trade, investments

Besides they are also looking at enhancing the partnership by permitting companies in both countries to participate in each others' government procurement

Important to remove bias rather than woman tag: Women leaders in tech

Mintoak chief product officer Rama Tadepalli said it would be better to "retain the woman tag and remove the bias"

NCCF procures 2,826 tn onion for buffer stock; to scale up buying

Two cooperatives, NCCF and NAFED, have been mandated to procure 1 lakh tonnes each directly from farmers at Rs 2,410 per quintal to avoid panic selling

Fan blades, engine parts go missing from Go First jets, says lessor

The lessors have so far unsuccessfully argued in Indian courts to get their planes back, citing concerns that parts could go missing and hurt their assets

ED arrests 2 directors of WB firm that duped investors through ponzi scheme

The company was controlled and managed by its CMD Pramatha Nath Manna, the two arrested directors and other associates

Piyush Goyal quizzes Chinese trade minister Showen on dumping of goods

He asked Chinese Vice Trade Minister, Wang Shouwen, whether China regretted that India did not join the Regional Comprehensive Economic Partnership (RCEP)

India expands curbs on rice exports with 20% duty on parboiled grade

Last month, India surprised buyers by imposing a ban on exports of widely consumed non-basmati white rice, following a ban on broken rice exports last year