Page 630 - Economy & Policy News

India's Superman stature in world order by 2075 to be US' kryptonite

Off the back of superior economic growth, EMs and the Indian capital market are expected to grow in stature over the decades to come

US space tie-ups may open global mkt to Indian pvt sector, says industry

India becomes 27th country to join Artemis Accords, a US govt programme aim at sending the first woman and next man to the Moon, and expand space exploration to Mars and beyond

Mental illness treatment pushes 20% Indian households into poverty: Study

Critical need to provide financial risk protection to reduce the monetary impact of health care expenditure on mental illness among households in India, says paper

At 23% spend, Andhra Pradesh leads laggards in state capex in FY23

Only four states -- Karnataka, Sikkim, Arunachal and Bihar -- have over-achieved their targets, while Jharkhand and Madhya Pradesh's capex spending stood at 98 per cent each

Will strive to get CPI to 4%, El Nino a challenge for food inflation: Das

Governor Shaktikanta Das has said the Reserve Bank will strive to get headline inflation to its 4 per cent target but flagged El Nino as a challenge to its efforts

India should consider free trade agreement with Egypt, say exporters

Federation of Indian Export Organisations (FIEO) Director General Ajay Sahai said that India and Egypt have historic trade relations, which are robust and fairly balanced

Exports from Rajasthan surge by Rs 31,000 cr to Rs 77,771 cr in FY23

Considering the importance and achievements of the scheme, Chief Minister Ashok Gehlot has approved a proposal to extend the duration of the scheme for five more years till March 31, 2028

India to account for 12% of global m-cap by 2075; GDP to surpass US

The US-based investment bank said the growth in EMs will continue to outpace that in the developed market, with 7 of the top 10 world economies becoming EMs by 2075

Inflation is slowing down personal consumption expenditure: RBI report

Even if the central bank has not ruled out further interest rate hikes, bank lending and deposit rates have started to soften

Reserve Bank of India purchased $7.7 billion in April, highest in 2 years

The rupee gained 0.4 per cent in April against the dollar.

Learn & earn: Monthly stipend of Rs 10,000 for youth in Madhya Pradesh

Chief Minister Shivraj Singh Chouhan recently said skill development training would be linked with employment

Rajasthan govt gives a booster shot to rural health infrastructure

The sub-district hospitals of Mahuva-Dausa, Bhiwadi-Alwar and Laxmangarh-Sikar will be upgraded to district hospitals

Chhattisgarh government's high-tech millet push to double productivity

The state has now set a target to increase the area under millet cultivation from 96,000 hectares to 160,000 hectares during the current kharif year

Weekend Bites: PM in US, and the importance of being the opposite of polite

In which we munch over the week's platter of news and views

Irdai says prior nod not needed for ULIPs; extends 'use and file' procedure

Move aimed at ease of doing business, says IRDAI

Rupee turning out to be the most stable currency, says RBI report

"Inflation slowing down personal consumption expenditure"

Govt likely to cut import duty if needed to cool down wheat prices

The maximum intervention that the FCI has undertaken through open market sales in the past few years hasn't been more than 7 mt in a fiscal year

PM Modi's visit: From seas to stars, technology seals India-US ties

'Technology' mentioned 44 times in the joint statement, up from five in 2020

India, Australia may conclude talks for comprehensive trade deal by Dec

Both sides have already had three rounds of negotiations, during February-June. The fourth round is scheduled in July 2023

NPS adoption by central public sector enterprises declines slightly in Apr

The NPS data showed the new subscribers under the state governments fell by 42 per cent to 38,909 in April from 66,640 in March