Page 656 - Economy & Policy News

Wheat output set to touch record at 112.74 MT in 2022-23: Govt data

India's wheat production is set to touch a new record at 112.74 million tonnes in the ongoing 2022-23 crop year July-June

'Developers to face action for power project delay', says R K Singh

'65% of energy capacity to come from renewables by 2030'

India bats for bringing fugitive offenders to justice at G20 meeting

Uttarakhand's pilgrimage capital and its surrounding localities also received a facelift in time for the meeting

Signs of private sector investment cycle unfolding, says CEA Nageswaran

"We do see signs of corporate sector beginning to make investment. There are some new investment announcement," he said at an event organised by CII

India to be a developed country by 2047, economists agree on roadmap: SKOCH

Dr Bibek Debroy, Chairman, Economic Advisory Council to PM, projects that India will grow comfortably at a real rate of 7.5%

India poised for world-beating growth, says CEA V Anantha Nageswaran

Data next week is likely to show the economy expanded 7% in the year that ended March

Himachal CM announces Rs 250 cr for Dhagwar milk processing plant

A provision of Rs. 500 crore has been allocated for the 'Him-Ganga' scheme, starting with a pilot project connecting farmers before expanding to other areas

FDI inflows decline 16% to $71 billion for first time in a decade: RBI data

The net FDI also witnessed a decline of nearly 27 per cent to $28 billion in 2022-23 as against $38.6 billion a year ago

Highway contracts: Retrospective booster to put surety bonds in fast lane

The Centre is also trying to push banks towards adopting the e-bank guarantee framework, in a bid to eliminate cases of fraud guarantees

Integrating NE with neighbouring nations could raise GDP by 8%: World Bank

Responding to a query regarding India's potential for export and import in the region, the official remarked that currently India only trades one-third of its potential with the South Asia region

Fake ITCs under GST regime huge challenge for govt: CBIC

The government has implemented validation measures and adopted mandatory physical verification on a risk-based approach

Inflation war not over; FY23 growth may top 7%: RBI Guv Shaktikanta Das

'Withdrawal of Rs 2K notes to be completed in non-disruptive manner'

Himachal Transport Department targets Rs 850 cr revenue in FY24: Dy CM

Moreover, registration of all vehicles, including the JCB and heavy vehicles, has been made mandatory in the state

LG India expects 10% growth, exploring new business categories, says MD

Jeon also lauded India's growth story this year and said its economy is growing despite other markets facing tough times on account of global disruption from war and other factors

Govt mulls changes to MSME prepackaged scheme, more teeth for IBBI

Experts feel that the current voting limit of 66 per cent for initiating the prepack process is a very rigid condition, which has been a deterrent for MSMEs

NeVA a project of empowerment for public representatives: Piyush Goyal

Union minister Piyush Goyal said that NeVA is an integrated and interconnected national portal showcasing 'One Nation, One Application'

Allow MSMEs to pay liabilities in tranches: Exporters urge Centre

The scheme was announced by DGFT in the Foreign Trade Policy (FTP) on March 31 and is set to benefit 2,500-3,000 exporters

India-Aus set up task force on green hydrogen; Modi-Albanese discuss ties

Modi's three-nation tour also included attending the G7 and Quad summits in Hiroshima and visiting Papua New Guinea

India's forex reserves comfortable for next 5-6 years: Piyush Goyal

Minister says many countries keen on fast-tracking FTA with India now

War on inflation not over, we have to remain alert: RBI Guv Shaktikanta Das

Das said that India's GDP growth rate in FY23 may come out to be more than earlier predictions of 7%