Page 724 - Economy & Policy News

Size of India's real estate industry to touch $1 trillion by 2030: Report

The size of the country's real estate industry is expected to reach $1 trillion by 2030 from $200 billion in 2021, according to a joint report prepared by NAREDCO and EY

Stress fund SWAMIH to help complete 80,000 homes in next 3 yrs: SBICAP

The government-backed stress fund for realty sector 'SWAMIH' has helped in completion of 20,577 homes so far and another 80,000 units will be delivered in the next three years

No proposal to increase sugar export quota from 6 mn tonnes: Food Secy

"The sugar production is going down by about 9 lakh tonnes, that is our estimate from the previous year. So keeping that in view, as of now there is no proposal to increase the export quota," he said

Quad members announce setting up of counter-terrorism working group

Following the meeting, the four ministers attended a session at the Raisina Dialogue and spoke largely about the convergence of interests of the Quad member nations

World Bank commits $1 bn to India for public healthcare infrastructure

The World Bank and India on Friday signed two complementary loans of USD 500 million each to support and enhance the country's healthcare infrastructure

MGNREGA: Why govt's app-based attendance system is facing protest

Rural Development Minister Giriraj Singh termed the recent measures steps to check corruption in the scheme and said the government would not compromise on transparency

Railway freight rises 3.5% in Feb; thermal coal volumes increase 8%

According to sector watchers, the numbers suggest that the railways will comfortably meet its budgeted target of 1475 Mt in the current fiscal year

Services PMI at 12-yr high of 59.4 in Feb on strong demand, easing prices

Strong demand, easing price pressures amid mild job creation drive index

In a first, textiles ministry to give platform to showcase circular items

For the first time, textiles ministry will provide a platform to women-led startups to showcase circular products -- which are largely based on textile waste-- at an exhibition next week

BIS makes 80% concession on certification/marking fee for micro scale units

BIS has proposed Quality Control Orders (QCO) for 663 products in the coming time

India looking to partner with Embraer, Sukhoi to make small jets locally

The government will keep 51% equity with an Indian company, while asking the foreign partner to do technology transfer, the people said

PLI schemes will drive job creation in next two years: TeamLease report

60% of employers in survey express hiring intent; pharma has the highest positive hiring sentiment (68%) followed by white goods (67%) and textile products (62%)

Himachal cabinet nod to implementation of Old Pension Scheme from April 1

The Himachal Pradesh government on Friday decided to implement the Old Pension Scheme (OPS) from April 1 in the state, according to an official statement issued here

Centre to get industry partners under SAMARTH scheme for skill development

The government plans to rope in more industry partners to increase the pace of training under its flagship SAMARTH scheme for skill development in the textile sector, a senior official said on Friday

As Madhya Pradesh election nears, one-third of Budget set aside for women

Women centric-budget in election year

Raj govt mulls giving customise benefits to attract Rs 12,000-cr investment

SEC discussed a project for providing customised package of benefits under the Rajasthan Investment Promotion Scheme (RIPS) to pave way to attract investments up to Rs 11,993.48 crore in the state

Domestic poultry industry to grow 8-10% in 2023-24, finds a report

Domestic poultry industry is expected to grow 8-10% in FY24, driven by volumes following stable demand, higher penetration of processed chicken as well as value-added products, a report said

Indian Energy Exchange trade volume falls 7% to 8,200 mn units in February

The total trade volume at the Indian Energy Exchange (IEX) declined seven per cent to 8,200 million units in February on an annual basis, due to lower availability of electricity

Explained: Why Indian consumers don't gain from Russian crude oil

Supplies from Russia come at a substantial discount to global prices, but Indian pump prices have remained unchanged for nearly ten months

Sikkim CM extends Rs 20,000 annual aid to 14,000 non-working mothers

Sikkim Chief Minister Prem Singh Tamang on Friday distributed cheques of Rs 20,000 each to 14,000 non-working mothers under the 'Aama Yojana'