Page 605 - Economy & Policy News

Relative to their GDP, states' liabilities moderating after pandemic

Absolute numbers have shown double-digit growth in recent years

Kargil Vijay Diwas: 3 states comprise nearly third of recent Army recruits

There were no recruitments in 2020-21 and 2021-22 due to the pandemic

PMO probing dumping of Chinese stainless steel, said Abhyuday Jindal

Stainless steel producers have petitioned the government to impose countervailing duty (CVD) on Chinese stainless steel products

Tax council to meet on Aug 2 to finalise online gaming tax: Report

Since the first announced its plan for the tax on Jul 11, the gaming industry and its investors have asked it to review the decision, which will increase the tax burden on both companies and consumers

T-bills cut-offs remains steady, as liquidity conditions remain unchanged

The latest data showed that banks parked almost Rs 1.4 trillion with the RBI on Tuesday, as compared to Rs 1.3 trillion on July 19

Sale of wheat, rice to states under OMSS stopped for buffer, control prices

The Centre on Wednesday said it has discontinued the sale of wheat and rice to states under Open Market Sale Scheme (OMSS) with effect from June 13

Insurers gave fake invoices when quizzed on tax credit claims: Officials

GST E-way bill is a document used to trace goods in transit to verify the authenticity of input credit claims

Razorpay offers savings on overseas bank transfers for Indian exporters

The initiative allows exporters to receive international bank transfers from 160 countries, it added

Global rice market set for government deals as India's ban curbs supplies

Buyers from Africa to Asia are likely to scramble for rice shipments as supplies tighten in coming months following India's decision last week to ban non-basmati white rice exports

Istanbul to Goa: G20 nations avoid uniform approach in energy transition

Countries rarely agree on global policy, causing differences that have lingered on

Telangana has highest per capita income among all Indian states: MoSPI

Based on constant prices, Haryana topped the list with a per capita income of Rs 1,81,961 in 2022-23

Rupee may struggle on uptick in US yields before Federal Reserve decision

Non-deliverable forwards indicate the rupee will open marginally lower to the U.S. dollar, compared with 81.87 on Tuesday

SrGBs will facilitate price discovery for other fin instruments: RBI's Rao

Rao emphasised that there is a growing trend of ESG-focused funds in global financial markets, driven by institutional investors seeking greater transparency

Trillion-dollar economy target: Policy in the works to boost FDI in UP

The state now plans to organise a groundbreaking ceremony to kick-start the first tranche of projects from GIS 2023, which will include a range of FDI projects

Fundraising activity in debt market gathers speed ahead of festival season

Nabard, Tata Capital, Mahindra Finance to tap into market

RBI stocks up US dollar, pulling rupee back from a six-month high

The RBI intervened and the rupee hit the 81.90 level in intraday trade. The rise in crude oil prices further weighed on the Indian currency

How many Indians filed non-zero income tax returns in AY 2022-23?

Only nine states and union territories had more than a million non-zero returns

Stats ministry to brainstorm data quality issues in 'chintan shivir'

The deliberations by MoSPI will see participation of officials from other ministries and departments, and will feature nine points of discussion

NPS adoption by CPSEs decreases 42.5% to a five-month low in May

The share of women subscribers improved marginally to 22.2 per cent, from 21.9 per cent in April

Operating profits of OMCs may reach Rs 1 trillion in FY24: CRISIL

Profits may rebound by 3-times from FY23's Rs. 33,000 crore as softer crude improves credit metrics