Page 734 - Economy & Policy News
We want to make Manipur football capital of India: CM Biren Singh
The state government, however, aims to build at least two world-class academies to promote sports like football and boxing
 "We want to make Manipur football capital of India: CM Biren Singh")
Trade in local currency: India may ink pacts with UAE, Nigeria, Malaysia
The move is aimed at reducing transaction costs for exporters and importers, a source said
 "Trade in local currency: India may ink pacts with UAE, Nigeria, Malaysia")
Andhra Pradesh goes all out to woo investors ahead of investment summit
The key focus areas will be green energy, electronics and information technology, bulk drugs and pharmaceuticals, automobiles and electric vehicles, besides innovation and start-ups
 "Andhra Pradesh goes all out to woo investors ahead of investment summit")
'Cheaper, faster, safer': India, Singapore launch real-time payments link
First such collaboration for India; UPI-PayNow linkage world's first to feature cloud-based infrastructure
 "'Cheaper, faster, safer': India, Singapore launch real-time payments link")
GDP growth rate likely at 4.6% in December quarter: SBI economists
Economists at the SBI have projected a GDP growth of 4.6% for the December quarter, citing that as many as 30 high frequency indicators are not as robust as they were in the previous quarters
 "GDP growth rate likely at 4.6% in December quarter: SBI economists")
Semiconductor manufacturing to start very soon in India: IT secretary
Electronics and IT secretary Alkesh Kumar Sharma on Tuesday said that the production of semiconductors in the country will start very soon
 "Semiconductor manufacturing to start very soon in India: IT secretary")
Mega push for 'Jal Jeevan Mission' to reach the target within year
Govt expects tap water coverage to reach 90% of households by 2024
 "Mega push for 'Jal Jeevan Mission' to reach the target within year")
ADB President meets PM, proposes $25 bn for India's development priorities
ADB President Masatsugu Asakawa called on PM Modi and conveyed ADB's intention to provide $20-25 bn resources over five years to advance India's aspirations for fast, inclusive, and green growth
 "ADB President meets PM, proposes $25 bn for India's development priorities")
Bogus invoices row: GST authorities summon insurance intermediaries
I-T joins probe, quizzes chief financial officers seeking info on 'commissions'
 "Bogus invoices row: GST authorities summon insurance intermediaries")
Metal companies see Chinese economy reopening as boost to commodities
Hindalco, Vedanta and Hindustan Zinc remain upbeat about future demand
 "Metal companies see Chinese economy reopening as boost to commodities")
India likely to contribute 15% to global growth in 2023: top IMF exec
Despite doing better than rest of the world, inflation remains a key challenge to country's growth prospects, says
 "India likely to contribute 15% to global growth in 2023: top IMF exec")
Delhi govt plans to allow only electric two-wheelers to ply as bike taxis
The aggregator policy being finalised by the Delhi government proposes to allow only electric two-wheelers to ply as bike taxis, officials said on Tuesday
 "Delhi govt plans to allow only electric two-wheelers to ply as bike taxis")
India Inc's borrowing costs rise as corporate bond yields harden
Among the key triggers for the sharp selloff in the Indian debt markets were recent rounds of unfavourable cues on interest rates, which caught market participants off-guard
 "India Inc's borrowing costs rise as corporate bond yields harden")
Govt to offload 2 million tonnes more wheat in open market to cool prices
The proposal to add wheat stocks in the open market was taken by a group of ministers, sources said
 "Govt to offload 2 million tonnes more wheat in open market to cool prices")
G20 meet aims to find 'lasting solutions' to global debt issue: Govt
"There are countries that are facing huge debt problems and our aim in G20 will be to find lasting solutions to these problems"
 "G20 meet aims to find 'lasting solutions' to global debt issue: Govt")
Zero coal import remains elusive as Centre leans on foreign supplies again
Move to make it a must for units running on imported coal to remain fully functional comes amid 50-80% spike in global coal price
 "Zero coal import remains elusive as Centre leans on foreign supplies again")
Dipam calls for key meeting on Wednesday to mull Concor divestment
Sources say officials from Railways, Concor, Niti Aayog, finance and law ministries expected to take final call on pending issues regarding transfer of land to private player post disinvestment
 "Dipam calls for key meeting on Wednesday to mull Concor divestment")
Punjab Cabinet gives nod to regularising services of 14,417 employees
Punjab Cabinet led by Chief Minister Bhagwant Mann gave nod to the Policy for Welfare of Adhoc, Contractual, Daily Wages, Work Charged and Temporary employees, paving way for regularising the services
 "Punjab Cabinet gives nod to regularising services of 14,417 employees")
Goods and services exports may reach $1 trillion each by 2030: Piyush Goyal
India's goods and services exports are growing at a healthy rate and are expected to be around $1 trillion each by 2030, Commerce and Industry Minister Piyush Goyal said on Tuesday.
 "Goods and services exports may reach $1 trillion each by 2030: Piyush Goyal")
Sitharaman meets Asian Development Bank President, lauds support to India
Nirmala Sitharaman met ADB President Masatsugu Asakawa and acknowledged the swift response and support provided by the institution to all its developing member countries
 "Sitharaman meets Asian Development Bank President, lauds support to India")