Page 604 - Economy & Policy News

Statsguru: Building new airports in India's smaller towns and cities

The government has announced an in-principle approval for new airports in 21 locations, mostly places outside the metro cities

ITR filing: 60 million tax returns filed for FY2022-23 till July 30

As many as 60 million tax returns have been filed for income earned in 2022-23 fiscal, thus crossing the number of ITRs filed till July 31 last year

India, China question European Union's unilateral trade policy measures

Certain 'irritants' preventing from achieving full potential of trade: India

Per capita income to grow nearly 70% to $4,000 by FY30 from $2,450 in FY23

The country's per capita income is likely to grow by close to 70 per cent to $4,000 by fiscal 2030 from $2,450 in fiscal 2023, helping it become a middle-income economy with USD 6-trillion GDP

Govt to expand Semiconductor DLI scheme to larger, foreign firms: MoS IT

The government has set aside $200 million to help semiconductor design firms in innovation

Multidimensional poverty estimates: Is India measuring poverty accurately?

Multidimensional poverty index measures poverty on the basis of parameters such as nutrition, child and adolescent mortality, and maternal health, among others

Focus on four 'Is' to make India a developed nation by 2047: Sitharaman

The four 'Is' are infrastructure, investment, innovation and inclusiveness

India, Britain could sign free trade agreement this year: Trade ministry

New Delhi sees an FTA with Britain as crucial to hopes of becoming a bigger exporter, while the UK would obtain wider access for its whisky, premium cars and legal services

Punjab top beneficiary list under Atmanirbhar Bharat Rojgar Yojana

Launched in October 2020, ABRY aimed to incentivise employers for the creation of new jobs and the reinstatement of retrenched workers during Covid

Monsoon break forecast a concern for kharif crops as sowing steadies

Paddy crop may face moisture stress in eastern India

Demand at Rs 33K crore weekly govt bond auction softer than expected

New 10-year bond expected next week

Government bonds and rupee weaken sharply on strong US economic data

The yield on the benchmark 10-year bond rose by 4 basis points, settling at 7.16 per cent

Companies allowed to list on GIFT IFSC for foreign flows: Sitharaman

India has been considering proposals to allow firms to list on foreign exchanges, in order to compete with Chinese companies that flourish on bourses in the US

Over 50 million income tax returns filed till July 27; 88% e-verified

The department reached the milestone of 50 million ITRs on July 27, three days earlier this year, compared to the preceding year

Paddy sowing undertaken in 60% of kharif season's average area so far

Paddy sowing increased marginally to 23.75 million hectare so far in the ongoing kharif season and has covered around 60 per cent of the season's average acreage under this major crop

More than 5 cr income tax returns filed for 2022-23 fiscal so far

The last date for filing ITRs by salaried employees and those who do not have to get their accounts audited for assessment year 2023-24 is July 31

India-UK FTA: Next meet looks to build consensus on rules of origin, IPR

Both sides 'very close' to concluding trade deal

Flights until 30 July cancelled due to 'operational reasons': Go First

In May, Go First declared insolvency due to a cash crunch and its application was admitted by the NCLT

Big brands on their toes as smaller FMCG companies make a comeback

By innovating in terms of product, promotions, and packaging, and keeping prices low, these local brands have grabbed a share of the pie from their larger counterparts

Vegetables in India to stay expensive for longer on erratic monsoon

Vegetables prices, which have a 6% weighting in the overall consumer price index (CPI), hit a seven-month high in June, rising 12% month-on-month, official data shows