Page 713 - Economy & Policy News
50 km metro network to be added in Mumbai region this year, says Fadnavis
As much as 50 km of metro network will be added in the Mumbai Metropolitan Region (MMR) in 2023-24, Maharashtra Deputy Chief Minister Devendra Fadnavis said on Thursday
 "50 km metro network to be added in Mumbai region this year, says Fadnavis")
RBI to hold 14-day variable rate repo auction for Rs 1 trillion on Friday
The sharp squeeze in liquidity has pushed up money market rates, with the 364-day treasury bills selling at yields above the 10-year paper's on Wednesday
 "RBI to hold 14-day variable rate repo auction for Rs 1 trillion on Friday")
Mobile operators may deploy AI to check spam calls amidst rising fraud
To tackle the persistent menace of spam calls, mobile phone operators are considering using artificial intelligence (AI)-led interventions
 "Mobile operators may deploy AI to check spam calls amidst rising fraud")
As jobs elude ITI graduates, industry calls for a course correction
Large recruiters relying more on private institutes for vocational talent, which they is is quicker in catching up to their job requirements
 "As jobs elude ITI graduates, industry calls for a course correction")
Crypto under PMLA: Industry gives thumbs up, expects higher investor faith
Cryptocurrency news: On Tuesday, the Centre issued a notification to bring VDAs under the ambit of anti-money laundering law in India
 "Crypto under PMLA: Industry gives thumbs up, expects higher investor faith")
Take proactive actions, ensure no load shedding during summer: R K Singh
The government has asked power companies to ensure that there is no load shedding during the summer season and urged all stakeholders to take proactive actions to meet the rising electricity demand
 "Take proactive actions, ensure no load shedding during summer: R K Singh")
India faces high power cut risks after years of coal, hydropower neglect
A rapid addition of solar farms has helped India avert daytime supply gaps, but a shortage of coal-fired and hydropower capacity risks exposing millions to widespread outages at night
 "India faces high power cut risks after years of coal, hydropower neglect")
Why falling prices of onions and potatoes are distressing farmers
Prices of these three commodities have seen perhaps the wildest fluctuations in agriculture commodities among all crops for multiple reasons
 "Why falling prices of onions and potatoes are distressing farmers")
Q3 GDP numbers: Taking a look at some high-frequency indicators
The govt contends that Q3 GDP will be revised upwards. Many experts believe rural economic growth is still slow. Data shows both could be right
 "Q3 GDP numbers: Taking a look at some high-frequency indicators")
5G radios in India surpass 100,000 on March 5, Maharashtra leads count
Reliance Jio, Bharti Airtel are putting up 5G BTS rapidly across the country. Total installations stood at 84,346 on Feb 16, up from 20,980 on December 20
 "5G radios in India surpass 100,000 on March 5, Maharashtra leads count")
India's oil deals with Russia dent decades-old dollar dominance
India is the third largest oil importer, and Russia became its leading supplier after Europe shunned Moscow following its invasion of Ukraine last year
 "India's oil deals with Russia dent decades-old dollar dominance")
Price cap to be raised to counter India's robust power demand
Unusually high temperatures for this time of year are fueling predictions that electricity demand might rise to a record this summer
 "Price cap to be raised to counter India's robust power demand")
GDP growth may print at about 4% in Q4FY23: India Ratings analyst
The growth moderated to a three-quarter low of 4.4 per cent in Q3 as against the consensus projection of 5.1 per cent, pulled down by the poor show by manufacturing and exports, among others
 "GDP growth may print at about 4% in Q4FY23: India Ratings analyst")
India working on single-window portal for drug regulation processes
System will bring together stakeholders like manufacturers, distributors, state-run agencies to ensure quality
 "India working on single-window portal for drug regulation processes")
Supply chain exodus from China to India, Vietnam faster than anticipated
In a recent interview with Bloomberg, Yoshinaga was quoted as saying that Apple suppliers, including Goertek, have been moving manufacturing capacity out of China faster than observers
 "Supply chain exodus from China to India, Vietnam faster than anticipated")
Few women in India hold CFA charter; amid social pressures, lack of parity
Country's share of women completing exam for chartered financial analyst is 13%
 "Few women in India hold CFA charter; amid social pressures, lack of parity")
Renewable subsidies on coal to result in lower emissions in India: Study
Combining renewable subsidies and higher tariffs on coal would lower the emissions by nearly one-third in India by 2030 compared to the current policies, according to a study
 "Renewable subsidies on coal to result in lower emissions in India: Study")
Ice cream sold over counter but not prepared in outlet to attract 18% GST
If ordered with food, tax would be the lower rate; over the counter, it would attract a higher GST
 "Ice cream sold over counter but not prepared in outlet to attract 18% GST")
PM Modi exhorts India Inc to make most of budget, ramp up investments
'Govt paving way for collective ownership in Budget implementation'
 "PM Modi exhorts India Inc to make most of budget, ramp up investments")
EPFO board likely to decide interest rate for FY23 on March 25, 26
Sources said that the interest rate is unlikely to go below 8 per cent level amid a rising interest rate scenario across the globe
 "EPFO board likely to decide interest rate for FY23 on March 25, 26")