Page 638 - Economy & Policy News

Production boost: PLI schemes 'course correction' likely in some sectors

Progress sluggish in six of 14 sectors and are yet to receive incentives

Concerned departments may consider course correction for PLI scheme: DPIIT

Concerned departments where the production-linked incentive scheme is not picking up may consider some course correction in the plan, a top government official said on Tuesday

Disinflation process may be slow, protracted: RBI governor Shaktikanta Das

Das says India likely to remain among the fastest growing economies this year

Better chip supply fuels passenger vehicle production by 16%: Siam

India's two-wheeler exports down 21% in the month

Tur, urad, masur: Tracking pulses as India preps for kharif season

Monsoon may see climate phenomenon, but country has enough stocks of chana

GST spurts fiscal equality: tax-GSDP ratio higher in poorer states

One reason for their gain is the Centre has transferred them much higher amounts than to bigger states

For speed and safety on the tracks, Indian Railways has problems to solve

Repairs or maintenance of a railway line is unpleasant news to break to station controllers, who along with officials in divisions, guide thousands of rakes and trains every day

Retail price inflation for wheat, rice, jeera, tur remains on the boil

Government imposes limits on the quantity of wheat that traders, wholesalers can hold until March 31

India gears up to start mega hydropower project near China border

State-run hydropower company NHPC Ltd. will start trial runs in July for the Subansiri Lower project that runs through the states of Assam and Arunchal Pradesh in the country's north-east

Madhya Pradesh is emerging as a hotbed for start-ups led by women

Women entrepreneurs run 1,140 of the state's more than 2,600 registered start-ups, according to data shared by micro, small and medium enterprises (MSME) department

UP govt woos diaspora to expand pool of investment beyond big firms

The state is reaching out to its NRIs to contribute towards its socioeconomic development by making investments in different sectors, especially infrastructure.

GDP growth for FY 2023 was 7.2%, surpassing expectations, says CEA

CEA to govt on Monday said the real GDP growth for the year ending March 2023 was 7.2 per cent, which surpassed expectations, as the underlying momentum in the economy was quite strong

Exim Bank projects merchandise exports to decrease to $111.7 billion

The Export Import (Exim) Bank India on Monday said the country's merchandise exports are set to fall to $111.7 billion for the April-June period amid continuing global volatilities

Sonowal holds meet to explore EXIM trade potential of Assam's Dhubri port

The govt remains committed to ironing out the issues faced by stakeholders to ensure that inland waterways remain a transformational force to bring positive economic development in North East region

Centre imposes stock limits on quantity of wheat to cool down prices

Move comes despite agriculture ministry estimating a record production of the cereal grain this year

Retail inflation cools to over two-year low in May; IIP growth recovers

Food inflation fell to an 18-month low of 2.91 per cent in May from 3.84 per cent in April

Seeds of stagnation in Bt cotton: Can newer variants impact productivity?

Manufacturers said deferrals in introducing newer variants will seriously impact productivity

Rupee-kyat trade arrangement negotiations may conclude by Jun-end: Myanmar

Early May, Adani Ports and Special Economic Zone (APSEZ) had said that it had concluded the Myanmar Port sale for a consideration $30 million

India's inflation is higher than other key developing economies, shows data

In its outlook on inflation last week, the RBI maintained that the headline inflation is to be shaped by food price dynamics

Incentives on cards to increase LPG cover in remote, inaccessible areas

This includes hilly regions, forests, tribal inhabited areas, sparsely-populated places, disturbed areas, islands and Left Wing extremism (LWE)-affected areas