Page 695 - Economy & Policy News

Finance Bill: How will new Mutual Fund rules impact investors from April 1?

New Mutual Fund rules: All existing investments and new investments made in debt MFs before March 31 will not be affected by the proposed mutual fund tax change

Lok Sabha passes Finance Bill with 64 official amendments with discussion

While moving the bill for passage and consideration, finance minister Sitharaman also announced the setting up of a committee under finance secretary to look into pension issues of government employee

Govt will set up a committee to review pension scheme: FM tells Parliament

Employees from several states have been demanding a change in the current pension system. Some states, including Rajasthan, Chhattisgarh, Jharkhand have already switched back to the old pension scheme

Western Australia to improve ties with India, focus on green tech: Minister

Australian state 'uniquely placed' to work with India for energy transition, says Stephen Dawson

India set to surpass China in need for oil as growth paths diverge

With daily crude consumption triple that of China, traders and producers looking to tap into diminishing global demand growth will be betting on India into the next decade

India has committed over $240 bn in water sector: Gajendra Singh Shekhawat

He said India is implementing the largest dam rehabilitation programme in the world, to build climate resilience critical water storage infrastructure

India's current account deficit likely narrowed to 2.7% of GDP in Q4: Poll

The median forecast of 22 economists polled March 16-23 showed a current account deficit of $23.0 billion in October-December 2022, or 2.7% of gross domestic product (GDP)

India, UK hold discussions on bilateral and wider security cooperation

Indian High Commissioner to UK Vikram Doraiswami recently met Commandant Major General Zack Stenning OBE at Royal Military Academy, Sandhurst and discussed engagements in Professional Military domain

India's FY24 urea imports likely to dip by 33%, say trade sources

Crop sowing in the kharif season starts with the onset of the monsoon. Paddy, cotton, pulses, and soybean are the major crops

India pitches for ratings upgrade at meeting with representatives of Fitch

Fitch currently rates India's long-term sovereign debt at BBB- with a stable outlook

India-UAE partnership: CEPA review to focus on key data sharing

"Such trade facilitation can also help in enhancing our exports; logistics cost will also come down," the official said

Neighbouring countries, allies to get access to India's 5G testbed

"More discussions on the proposal will be soon held. Other nations will be asked to apply for the same," an official said

To join 'trade' pillar under IPEF or not? Govt's final call soon

Currently, India has an 'observer' status as far as the trade pillar is concerned

India's external situation stable, says CEA V Anantha Nageswaran

G20 second framework working group meeting to discuss global macroeconomic issues

ICEA wants bars raised for Chinese companies in Indian markets

Justifying its stance, the ICEA in a presentation said the country had big global EMS players from Taiwan and the US, and home-grown players that could meet the requirements here

India faces basic contradiction in drafting policies for renewables sector

Frequent changes in rules governing domestic equipment use in projects is slowing capacity addition

Parl panel expresses concern over financial health of insurance firms

A Parliamentary panel has expressed concern about the financial health of General Public Sector Insurance Companies

Covid restrictions took longer to ease in India than several of its peers

Value of stringency index remained higher than several large economies between 2020 and 2023

Nitin Gadkari promises Rs 2 trillion road infra in Jharkhand by 2024

Union Minister Nitin Gadkari on Thursday promised to bolster infrastructure in Jharkhand and asserted that Rs 2 lakh crore highway network will be rolled out in the state by 2024

Madhya Pradesh CM Shivraj Singh Chouhan launches youth policy, portal

The youth portal will provide information on education, employment, health, sport, cultural activities, etc