Page 647 - Economy & Policy News

Semicon policy: India aims to leverage potential of high-growth chip market

MeitY eyes a more robust response to a reoriented incentive scheme based on stakeholder feedback

Govt's 20% TCS policy unfair on domestic operators: Travel agents

Overseas travel firms have been granted exemption of up to Rs 7 lakh before TCS kicks in; no such benefit for domestic ones

Slowdown threatens India's booming economy even as its rich keep spending

India grew by 6.1% in the three months ended March compared to a year earlier, well beyond the 5% estimate of economists

270 mn loans to women under MUDRA; here's all you need to know about scheme

The MUDRA loans are given by commercial banks, regional rural banks, small finance banks, microfinance institutions, and non-banking financial institutions

Govt to offer Rs 3,760 cr as incentives to boost battery storage projects

The scheme aims to boost battery storage projects that are crucial to India's plan to expand its renewable energy capacity to 500 gigawatts (GW) by 2030

Bond yields ease amid a surge in liquidity surplus, ahead of RBI's policy

Surplus liquidity in banking system hits Rs 2.25 trn

Indian economy to be the fastest-growing in FY24, says World Bank

Global growth forecast lifted to 2.1%

India's JAM trinity to push Africa's digital reach: Sunil Bharti Mittal

B20 Council on African economic integration to submit report to G20 in August

Fall in equity flows, flat reinvested earnings pull down gross FY23 FDI

If the global economy slows down and interest rates harden further, it may hit foreign investments again

India, UAE to review CEPA progress next week, to chalk out data sharing

A delegation from the UAE will be in the national capital next to meet key officials from the department of commerce, a person aware of the matter said

Over-emitting nations owe India $1,446 per capita as compensation: Study

Industrialised nations of the Global North, such as US and Germany, are responsible for 90 percent of excessive levels of carbon dioxide emissions

Saudi oil output cuts unlikely to lift prices to high $80s-low $90s: Citi

Prices are expected to be range-bound, the analysts added, with Brent averaging $81 a barrel through the year

Crude Oil falls as economic fears overshadow Saudi Arabia's output cut

By Rowena Edwards

Visits to banks, physical presentation of documents can be avoided: Report

The report also suggested that REs may adopt Faceless / Straight Through Processes' (STPs) in order to close accounts, and/or accept, acknowledge, and track the communication by the customer

Rupee rises 1 paisa against US dollar to close at 82.62 ahead of RBI meet

The rupee consolidated in a narrow range to settle just 1 paisa higher at 82.62 (provisional) against the US dollar on Tuesday amid a muted trend in domestic equities.

Signals, systems, checks, balances: Explaining the Odisha train disaster

The Indian Railways is deploying a new train control system, as pressure on its infrastructure increases

Indian households to make over 50% non-cash transactions by FY26: Report

Indian e-commerce market will be worth Rs 900,000 crore then, says the research

RBI not to remove its finger from repo rate pause button: Experts

The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) may not remove its finger from the repo rate pause button it had hit in April 2023, said experts

Jaitley and Sitharaman: A look at divestment under the two NDA FMs

In his early days, PM Modi had said that the government would get out of most sectors, a vision which was given credence through the new policy of 'strategic sectors' announced by Sitharaman in 2020

RBI's MPC starts deliberations on policy rate, decision on Thursday

The Reserve Bank's rate-setting monetary policy panel began deliberations on Tuesday amid expectations that the central bank will keep the benchmark interest rates unchanged at 6.5 per cent