Page 750 - Economy & Policy News

I&L sector takes 31.6 mn sq ft on lease in 2022, highest since 2019

Delhi-NCR led the absorption with 7.3 million sq ft, followed by Mumbai and Bengaluro with 6.1 million sq ft and 5.2 million sq ft, respectively

Petrol doped with 20% ethanol goes on sale in 11 states/UTs to cut emission

Petrol doped with 20 per cent ethanol was rolled out on Monday at select petrol pumps in 11 states and union territories as part of a programme to increase use of biofuels to cut emissions

Adani fiasco brings down India's weight in the MSCI emerging markets index

The brutal selloff induced by the report has not only had an impact on Gautam Adani's personal wealth but also reduced India's weighting in MSCI's emerging-market benchmark

All you need to know about Andhra Pradesh's Guaranteed Pension Scheme

GPS: The scheme, which was proposed for the first time in April 2022, offers a guaranteed pension of 33 per cent of the last drawn basic pay without any deduction to the state government employees

India's steady appetite for Russian crude lifts Jan inflows to record high

India's appetite for Russian crude oil in Jan rose to unseen levels, continuing to remain above traditional middle eastern suppliers for the fourth month in a row

Govt to meet fiscal target in coming year, capex a longer shot, shows poll

A key government objective is to bring the deficit down to 4.5% of GDP by 2025/26. Respondents were evenly split on whether it would succeed

Govt allocated Rs 4,418 cr for railways development in Telangana: Vaishnaw

Vaishnaw lauded the Union Budget stating that the funds will be used to develop the rail facilities and speed up various projects in the state

Govt blocks 138 betting, 94 loan lending apps with Chinese links

The crackdown on these platforms began after the government received an alert from a nodal officer of the Ministry of Home Affairs

Old vs New: No early retirement for debate on pension as elections loom

The economics and politics behind the old versus new pension scheme as elections loom

Govt to hike dearness allowance for 10 mn employees, pensioners to 42%

The DA hike will be effective from January 1, 2023

Rural job scheme spend tops BE, but low allocation cause for concern

Critics say fund cut will lead to delay in payments, suppression of demand

Back in action: After a year of lull, Centre to swing into hiring mode

Will recruit more for central ministries and depts in 2022-23 and 2023-24

Govt likely to put on hold proposal to revamp the capital gains tax regime

Given global uncertainties, rejigging the tax regime may affect market sentiment

Repo rate may go up 25 bps before a pause: Business Standard policy poll

Some economists say change in stance to neutral on the cards

FPIs register steepest outflow in 7 months at Rs 28,852 cr in January

Going ahead, FPI flows are expected to remain volatile as Indian equities continued their large underperformance compared to global markets

Statsguru: How Indian Railways is coming out of Covid-related disruption

The money earned from carrying passengers is expected to surpass the pre-Covid level this year

India needs $10 trillion till 2070 for energy transition at G20 meeting

Policy on carbon capture likely in next 3 months

Foreign trade policy to focus on long-term strategy to boost exports

Final call on announcement of the policy will be taken by March-end

Don't bet against India, growth story to continue, say corporate leaders

No systemic risk to domestic financial system from recent events, they assert

RBI Monetary Policy: One last rate hike now but signaling close to the peak

Inflation remains sticky and most G-10 central banks may in any case, continue with rate hikes; given India's resilient growth momentum, the MPC might increase the repo rate one final time