Page 663 - Economy & Policy News

Govt assessing monetary impact of EU's carbon tariff set to hit in Oct

Sarangi also said that the government hopes to make substantial progress in the India-UK free trade agreement (FTA) in the 10th round of negotiations from 5-9 June in the national capital

Coal to stay important: Energy majors at 'Just Transition' meeting

Its share in power generation will fall but not at the cost of economic development: Power secy

Uttar Pradesh govt aims to double maize output to 2.75 mt in 4-5 years

Globally, maize is referred to as the "queen of cereals" owing to its high genetic yield potential among the cereal crops

Centre reduces fee for solar PV module ALMM registration, expands validity

The changes in the ALMM for PV modules would improve the ease of doing business and aid in ramping up local production of solar PV modules, said BS Bhalla, Secretary of MNRE

India's April merchandise and services trade deficit at 21-month low

April merchandise exports were $34.66 billion, down from $38.38 billion in March, while imports fell to $49.90 billion from $58.11 billion, data showed

WPI enters deflation in April first time in 3 yrs as mfg item prices dip

WPI declines to 34-month low of -0.92% on the back of high base effect

Consumer durables in IIP down 4% in FY23 compared to pre-covid FY20

Segment falls 12% in FY23 over that in FY19 due to muted demand

At -0.92%, India's wholesale price inflation at its lowest since Aug 2020

The WPI food inflation in April was 0.17 per cent as compared to 2.32 per cent in March

India's Quantum dreams: The impact of tech on economy could be significant

With the National Quantum Mission, India hopes to accelerate breakthroughs in medicine, logistics, and finance, solving complex problems faster than ever before

Statsguru: Six charts explain trouble in India's aviation sector is not new

But the bankruptcy came at a time when things were finally starting to look up for the industry

US default probability low, but may impact Indian markets: Analysts

But if it does happen, it will be negative for all emerging markets as the US, simply put, would have run out of money

India's Exports to EU, US grow but Asia and Africa suffer in FY23

India's merchandise exports had risen 6.7 per cent to $450.4 billion in FY23

Many states reduce excise duty on mild beer, make retailing easier

Beer to be allowed in certain offices in Haryana, other states allow its sale in stores and malls

Carbon tariff may hurt European nations more than India: Officials

Govt assessing possible impact of CBAM on India vis a vis other nations

RBI, green finance and the blue planet: How are banks placed in all this?

The central bank's report seeks to nudge banks and financial institutions to catalyse risk mitigation from climate change

Missed opportunity: India far behind in race for electronics exports to US

India's failure to grab the opportunity is reflected in the fact that its share of US electronics imports was an abysmal 0.8 per cent in 2022

Netherlands emerges as India's third largest trading partner in 2022-23

The Netherlands has emerged as India's third largest exports destination after the US and UAE during 2022-23 on account of a surge in shipment of goods such as petroleum products, electronic items

Good earning season bring FPIs to India, Rs 23,152 cr investment in May

Foreign investors have shown strong buying interest in Indian equities in May and invested more than Rs 23,152 crore in the first fortnight

India can cut energy import bill by using 10% of coal bed methane: Experts

India can cut its energy imports bill by $2 billion if the nation harnesses 10 per cent of the coal bed methane reserves of 2,600 billion cubic meters, said experts

Changes in anti-money laundering law can impact foreign investment: CAs

Chartered accountants are seeking clarifications on the finance ministry's recent notification on extending the ambit of anti-money laundering law as it can adversely impact ease of doing business