Page 752 - Economy & Policy News

78.1 mn rural households provided tap water in last 3 years under JJM: Govt

The estimated outlay of the mission is Rs 3.60 trillion out of which the central share is Rs 2.08 trillion

Govt paves way for IFSC units to issue P-notes to foreign investors

Earlier, P-notes were issued by FPIs from countries like Mauritius and Singapore

Inclusive, resilient growth focus of India's G20 priorities: S Jaishankar

India is hosting a series of events and meetings ahead of the G20 summit later this year

Monthly GST revenue at Rs 1.50 trn to be new normal next fiscal: CBIC chief

GST collection in current fiscal year is likely to average around Rs 1.45 trillion

Sebi clarifies on transaction in corp bonds via request for quote platform

Capital markets regulator Sebi on Thursday provided clarity on transaction made by Alternative Investment Funds (AIFs) in corporate bonds through Request For Quote (RFQ) platform.

Tourism ministry to soon release criteria for developing 50 destinations

Focus on infrastructure development, capacity creation and promotion: Tourism secretary

Indian aviation industry suffers over Rs 24,000 cr loss in 2020-22

India's aviation industry suffered a loss of over Rs 24,000 crore in the last two financial years during 2020-22

Electronics manufacturing, auto get best of Budget spending on PLI scheme

The bulk of the money in FY23-24 PLI schemes--of Rs 4,499 crore-- is for large-scale electronics manufacturing

Borrowing limit: Kerala FM says Centre has adopted "wrong policy"

Kerala Finance Minister K N Balagopal on Thursday said the Centre's imposition of cuts in the borrowing limit of the states would adversely impact the southern state's economy

Stepping up capex in Budget will boost logistics, connectivity: IRF

The International Road Federation welcomed the increased allocation of Rs 10 trillion as capital expenditure in Union Budget, saying it will help boost logistics and connectivity across the nation

Cold weather hits India's gasoline, gasoil sales in Jan: Prelim data

Sales of gasoline and gasoil by Indian state-run retailers declined in January from the previous month as cold weather in parts of the country

Schemes for MSMEs in Budget 2023 to help boost exports, says AEPC

Various schemes, including a revamped credit guarantee scheme, announced in the Budget to support MSMEs and exporters will help promote the country's exports, AEPC said on Thursday

India's economy resilient to Adani stock rout, says Ashwini Vaishnaw

Vaishnaw declined to comment on how allegations against Adani were being assessed by the government

India on cusp of returning to high-growth trajectory: Arvind Panagariya

Economist Arvind Panagariya has said India is on the cusp of returning to a high growth trajectory and voiced confidence that the country will become the world's third-largest economy by 2027-28

PM Modi's election Budget unlikely to delay RBI path to rate pause

The new tax rates are unlikely to add to inflationary pressures in the economy in the near-term, said economists including Nirmal Bang Institutional Equities Pvt.'s Teresa John

Budget: Energy transition gets fund boost, green growth key economic driver

The Centre has entrusted the oil ministry, which naturally has the highest fossil-fuel footprint, to steer the energy transition of the country

Union Budget 2023: Big push for agri digital infra, co-ops, organic farming

Rural housing gets huge fund outlay for completion of projects ahead of 2024 general elections

Ashwini Vaishnaw announces Vande Metro as railway gets highest allocation

Vande Metro, a mini version of the Vande Bharat Express trains, will be developed by the Railways for people living around big cities to travel to and fro between their place of work and hometowns

Union Budget 2023-24: A great year for Indian Railways, says expert

IR, which stimulates almost all sectors of industries and commerce by transporting raw materials and finished goods, is moving much more BTKMs (Billion Tonne Kms) during and post-pandemic times

Budget 2023-24: Railways gets record Rs 2.6-trillion capex boost

According to a senior official, Railways' prime borrowing arm, Indian Railway Finance Corporation (IRFC), has zero borrowings for the fiscal under review