Page 716 - Economy & Policy News

NaMo free dialysis centre, 100th Janaushadhi Kendra launched in Bengaluru

Union Minister Dr Mansukh Mandaviya on Tuesday launched 'NaMo Free Dialysis Centre' and 100th Janaushadhi Kendra in Bengaluru South

PMBJP scheme removed medical expense worries of crores of Indians, says PM

PM said the Bhartiya Janaushadhi Pariyojana (PMBJP) scheme has not only taken out the worries of crores of people of the country regarding the cost of treatment, but has also made their lives easier

Ill-conceived, biased, says SBI rpt on Rajan's Hindu rate of growth remarks

"Interpretations of GDP growth based on noisy quarterly numbers is a game of smoke and mirror," said the SBI report 'Ecowrap'

Slowdown in GDP growth late last year temporary: Moody's Analytics

Moody's Analytics on Tuesday said India's domestic economy, rather than trade, is its primary engine of growth and the slowdown in economic activity late last year will only be temporary

Govt explains guidelines for paid endorsements by social media influencers

Disclosure must be placed in endorsement message in a manner that is clear, prominent, and hard to miss

India's Q4 economic growth in 2022 to be temporary: Moody's Analytics

The country's economic slowdown late last year will be temporary and even salutary, helping to wring some of the demand-side pressures out of the economy without stopping it wholesale

Private sector should increase investments, benefit from Budget: Modi

Trust and expectation have replaced doubt in discussions about Indian economy, he says

Centre likely to discontinue second phase of Fame-II scheme after FY24

Instead of the Fame-II scheme, the benefits may be given through the production-linked incentive (PLI) scheme

EVs to increase India's dependence on China for raw materials: GTRI report

The report pointed out that EVs have implications on jobs and pollution and it identified 13 issues related to interests of consumers, industry, and the government for an evaluation

PM asks India Inc to step up investment, take advantage of opportunities

The prime minister further said as opposed to the past, the tax burden has come down significantly in India due to GST, reduction in income tax and corporate tax

India is not immune to the stagflation that felled its neighbours

Not much help is expected from the global economy. Financial conditions are tight almost everywhere, and demand tepid

India housing market to remain resilient despite higher rates: Poll

A major source of employment in a country of 1.4 billion people where a majority are unskilled, the Indian housing market is likely to remain a stable contributor to economic activity in India

Govt issues guidelines to hold influencers responsible; safeguard consumers

The guidelines go on to say that individuals should not endorse products or services that they have not personally used

Difference between investment rate in nominal and real terms widening

The difference between the real and nominal GFCF rates was five percentage points. The difference stood at over 5% in the previous two quarters of the current financial year

Top headlines: Foxconn eyes second plant, Son invites start-up founders

Business Standard brings you the top headlines at this hour

No income tax on agricultural produce for next 2 fiscal years: Bengal FM

The state government has also announced the withdrawal of two types of cess on raw tea leaves for the period

Peak power demand in Delhi likely to reach 8,000 MW in late June-July

Cabinet Minister Kailash Gahlot chaired a series of separate meetings with the PWD and the Power department to discuss various projects of the PWD and the 'Summer Action Plan of the Power department

Domestic aviation sector outlook stable; losses to reduce next fiscal: Icra

Rating agency Icra on Monday revised the outlook for the country's aviation sector to stable from negative, citing fast-paced recovery in the domestic air passenger traffic

Revisit provision of Metro Act, ensure no asset attached, says Puri

This comes days after Delhi HC asked Centre to decide on issue of granting sanction for attaching moveable and immovable assets of DMRC

Centre planning hallmarking of gold bullion mandatory, says BIS

BIS also plans to bring gold bullion under mandatory hallmarking. Draft guidelines have already been prepared