Page 628 - Economy & Policy News

Centre to release draft Digital India Bill for consultation in next 15 days

The bill was due to be released last month but was delayed due to the need for fresh consultations with experts on topics like fact-checking and misinformation

India's current account balance likely turned to surplus in Jan-March: Poll

The latest survey of 22 economists showed the current account balance likely recorded a surplus of $3.3 billion, or 0.4% of gross domestic product (GDP), in the last quarter of the 2022/23 fiscal year

Third G20 infra working group meet focuses on 'creating liveable cities'

A "high-level seminar on creating liveable cities", organised by the Indian presidency and Asian Infrastructure Investment Bank, complemented the meeting

Army adjudged best organisation in defence ministry for procurement on GeM

The concerted efforts of all entities have manifested in the "exponential increase" in procurement in successive years, a senior official said

Instant line of credit, industry networking top priorities of MSMEs: Survey

The majority of micro, small and medium enterprises (MSMEs) feel the instant line of credit and industry networking are the top requirements in the financial services

India actively considering CEPAs, FTAs to boost textile exports: Goyal

Piyush Goyal said India is actively considering entering into free trade pacts and comprehensive economic partnership agreements to tap new markets, increase exports and create opportunities

Horticulture output to rise marginally at record 350.87 mn tonne in 2022-23

India's horticulture production is estimated to rise 1 per cent to record 350.87 million tonnes in 2022-23, mainly on the back of higher output of fruits and vegetables

Onion, tomato production likely to decline in 2022-23, shows data

Prices of tomato touch Rs 100/kg in some places due to rains, heatwave

Amid global challenges, India a silver lining: HUL's Nitin Paranjpe

He said there were five factors that would help India in its growth journey

Handicraft exports likely to fall 6-8% in FY24 amid global market slump

Industry derives almost 60% of its sales from the US and EU, which are battling high inflation and recession fears

Charitable or religious? Trusts have to disclose to avail of tax benefits

CBDT notifies rules, to be effective from October 1

Centre plans to raise up to Rs 45,000 cr through road monetisation in FY24

In 2021, the NITI Aayog had envisaged almost a fourth of centrally operated highways to be put up for monetisation

Centre approves Rs 1,255-crore capital investment for Arunachal Pradesh

Capital investment projects in diverse sectors have been approved including health, education, irrigation, water supply, power, roads, bridges and railways

RBI to engage external managers for very small part of FX reserves: Das

CBDC going to be future of money: RBI guv

Centre approves Rs 56,000 cr for 16 states for capital investment

Projects approved in sectors such as health, education, irrigation, water supply, power, roads, bridges and railways; Bihar gets lion's share of funds at Rs 9,640 cr, MP gets Rs 7,850 crore

Letter to govt seeks open consultation on digital competition law

A parliamentary committee's report last year underlined the need for ex-ante regulations - cautionary rules based on anticipated changes - for big tech companies

A crude shock from Moscow: Testing times for India's energy security

Russia now accounts for a little less than half of India's oil imports but the current political instability raises serious questions about the long-term reliability of supply

Svamitva scheme: Giving property ownership rights to India's villagers

The first of a two-part series looks at how the Centre's Svamitva scheme is empowering India's villagers

Focus on stable power grid, renewables, not on green hydrogen, says GTRI

Global Trade Research Initiative (GTRI) said that global private investments in green hydrogen are low, with rich countries providing substantial subsidies

Centre approves Rs 56,415 cr to 16 states as special assistance for capex

The highest amount of assistance totalling Rs 9,640 crore will be given to Bihar