Page 587 - Economy & Policy News

Free trade based growth, climate action key priorities for India: Kant

Speaking at the B20 Summit India 2023 organized by the Confederation of Indian Industry (CII), Kant said India's developmental philosophy rests on having a human centric approach

Value chains to MSMEs, G20 ministerial meeting lays out focus areas

Joint communique remains elusive because of one para on geopolitical issues

Fresh corporate NPS subscribers decline 26% during Jan-June: NSO data

A cumulative total of 77,140 new subscribers embraced the NPS under the corporate component this year, a drop from 104,447 last year

India and Greece to boost defence cooperation, finish migration pact

Both countries to double $2 billion bilateral trade by 2030

RBI may hike rates in case cereal inflation picks up, say analysts

According to the note, if price pressures around cereal inflation begin to pick up further, then the RBI may be forced to use rate action

Area under paddy up 4.4%, pulses down 8.3% this kharif season: Govt

Paddy is the main kharif crop as more than 80 per cent of the total rice production is grown during this season

Co-monitoring mechanism for steel exports between India, US at final stage

Indian exports of these products attract additional duties in the US as Washington, in 2018, imposed a 25 per cent import duty on steel products and 10 per cent on certain aluminium products

Weekly G-Sec auction: Cut off yield on 5 year bond higher than 10 year

The benchmark 10-year government bond yield settled at 7.20 per cent, while the new 10-year bond yield settled at 7.18 per cent

RBI guv Shaktikanta Das asks NBFCs to reduce reliance on bank borrowing

Cautions on risk with unsecured lending; Remain alert against complacency

Investment in road, highways key to sustaining economic growth: Report

The report noted states like Uttar Pradesh, Maharashtra, Karnataka, and Rajasthan have played pivotal roles in driving National Highways Authority of India (NHAI) projects and investments

Engineering exports to Russia more than doubled to $123.6 mn in July: EEPC

Among the 25 key markets for Indian engineering goods, which contribute to more than 76 per cent of total exports, 14 countries witnessed a year-on-year decline in July

Sunil Mittal says 60% of world's arable, uncultivated land in Africa

Mittal said Africa economic integration is gaining momentum, and expressed hope that the Africa Union will soon become a permanent member of G20

B20 Summit India: My priority is to tame inflation, says FM Sitharaman

FTA with UK expected to be announced soon, says FM Nirmala Sitharaman

EPFO holds talks with Ministry of Finance on reinvesting ETF money

EPFO will move the final proposal for the finance ministry's assent once the finance and labour ministries decide on the matter

India inflation to return to comfort band once veg prices dip: MPC's Goyal

Led by vegetables, food inflation in India soared to an over 3-year high of 11.5% in July. This pushed retail inflation to 7.44%, above the RBI's comfort band

India's food price surge forces government measures to improve supplies

The measures could cumulatively cost the government over $12 billion, the government sources said

India's domestic mineral production records 7.6% YoY growth in June

The Ministry of Mines on Thursday said that domestic mineral production grew 7.6 per cent year-on-year in June

Oil prices decline amid caution ahead of Jerome Powell's remarks

Brent crude fell 18 cents, or 0.2%, to $83.03 a barrel by 2:08 p.m. EDT (1808 GMT). U.S. West Texas Intermediate crude fell 16 cents, or 0.2%, to $78.73 a barrel

India's overdrive to trim fuel output investments threatens supply security

Oil ministry's plans involve a rapid exit from fuels without considering implications, writes S Dinakar

Moody's report on India's economic outlook 'extremely disappoints' govt

The government also criticised Moody's comment that it expects high nominal GDP growth and ongoing fiscal consolidation to "stabilise the government debt burden at high levels