Page 600 - Economy & Policy News

Rapid infra modernisation; India to be developed nation by 2047: R K Singh

Carbon trading to open for countries which buy Indian Green H2

India can achieve $5-trn economy target within 18 months: NaBFID chairman

According to Kamath, infrastructure development would be the key driver of India's growth, especially in transforming its cities

Onion prices might touch Rs 60/70 per kg by month-end, says Crisil

Such a scenario could extend the current lean season by 15-20 days, potentially tightening supplies and driving prices upwards, the report added

Govt pulls up ISMA for premature estimation of low sugar output for 2023-24

Food Secretary Sanjeev Chopra on Friday came down heavily on industry body ISMA saying its "highly premature" assessment of sugar production has created a panic

Centre to consider delaying import licence order for laptops, tablets

The move was aimed at addressing the trade imbalance with China, another government official, the report said

'India to be a developed nation by 2047, modernising infra at rapid pace'

On renewable energy, R K Singh said India has plans to develop 50 GW renewable energy capacity per annum and aims to have 500 GW of renewable energy capacity by 2030

Madhya Pradesh state to reserve 20% plots for SC/ST entrepreneurs

The Cabinet has also approved 50 per cent exemption in premium and development fee to these entrepreneurs

India working on enhancing oil refining capability: Oil Minister Puri

He highlighted how the government managed to keep the oil prices under affordable range besides enhancing the country's refining capability

28% GST on online gaming: How will new tax work for players and companies

GST Council has decided to go ahead with a 28% tax on full face value of online gaming. Know here how the new rule will impact the players and the companies, and by how much will their outgo increase

Minister, Opposition spar after Data Bill classified as 'financial Bill'

According to the Bill's 'financial memorandum', it envisages the creation of a Data Protection Board of India

As tomato prices soar, Punjab guv orders halting consumption in Raj Bhavan

Amid an alarming surge in tomato prices, Punjab Governor Banwarilal Purohit issued an order on Thursday temporarily halting its consumption in his household as a gesture of solidarity

Reforms since 2014 enabled decentralisation of planning: Sitharaman

EDs, who are on a visit to india, called on the finance minister. They shared their key takeaways with the minister after visiting Mumbai, Ahmedabad and Lucknow

Services PMI at over 13-year high in July, helped by strong demand

Companies continue to exercise caution in pricing decisions, says S&P Global survey

Centre expects over Rs 19K cr additional revenue from e-gaming, casinos

Revenue estimates based on the turnover of the gaming industry

Indian economy may grow by average 6.7% till FY31, says S&P Global

GDP to nearly double to $6.7 trn by then, it says

Data protection Bill tabled, penalties of up to Rs 250 crore for leaks

Digital platforms will need to take unconditional and informed consent from users for processing their data

India considers allowing private companies to develop nuclear plants

State-run NTPC Ltd., the country's largest power producer, has emerged as a nuclear champion, betting big on SMRs as they're quicker to build and easier to adjust to grid requirements

Govt curbs import of personal computers, laptops over 'security risk'

Move coincides with India's efforts to become a major electronics maker

Centre mulls minor tweaking in PLI scheme, aims to boost manufacturing

Discussions underway regarding the potential need for slight alterations to the production-linked incentive scheme to improve its execution

As prices rise, wheat duty cut likely to come under the review again

The recent surge in wheat prices to Rs 2,500 per quintal has rekindled discussions about the potential reduction of import duty from 40% to zero