Page 753 - Economy & Policy News

Union Budget gives larger wings to regional connectivity scheme UDAN

'Fifty additional airports, heliports, water aerodromes and advanced landing grounds will be revived for improving regional air connectivity'

Higher capex, infra push, green initiatives to push demand for bank funds

However Sitharaman declined to elaborate on the proposed amendments when queried by the media as the Parliament session is on

Higher investment limit in saving schemes to help sr citizens, middle class

The Budget 2023-24 raised the maximum deposit limit for Senior Citizen Savings Scheme from Rs 15 lakh to Rs 30 lakh

Govt set to ban 138 betting apps, 94 loan apps with Chinese links: Report

The communication was issued to Ministry of Electronics and Information Technology (MeitY) by the Union Home Ministry

IREDA, WAPCOS to hit capital markets next fiscal: DIPAM Secy Tuhin Pandey

The proceeds from the stake sales would form part of the Budgeted disinvestment kitty of Rs 51,000 crore for the next fiscal

Oil's new map: How India turns Russian crude into fuel for the West

The Asian nation's importance is expected to expand after fresh European Union sanctions on Russian petroleum exports take effect Sunday

India, France, UAE unveil plans for co-operation under trilateral framework

There has been an upswing in India's bilateral engagement with France as well as the UAE

Rural economy revival to take time in absence of specific triggers: Report

Focus on the rural economy in the budget has been waning over the years and in such a scenario a revival of the rural economy would take time, JM Financial said in a report

FM's bullishness on millets in Budget must translate as benefits to farmers

Hailed as a progressive and forward-looking one by the IT and technology honchos, the Union Budget 2023-24 did fall short on some expectations by the industry

Next e-auction of FCI wheat under OMSS to be held on Feb 15: Govt

The next e-auction for the sale of FCI wheat to bulk consumers like flour millers under the open market sale scheme (OMSS) will be held on February 15, the Food Ministry said on Saturday

Adani row: Indian regulators very competent to handle situation, says Goyal

Piyush Goyal on Saturday said regulators are very competent to handle the situation and will take appropriate action, regarding the allegations of fraud against billionaire Gautam Adani's companies

India's macro fundamentals unaffected by Adani FPO withdrawal: Sitharaman

Union Minister for Finance and Corporate Affairs Nirmala Sitharaman on Saturday said India's macro fundamentals and economic image are not affected by the Adani's withdrawal of its Rs 20,000 cr FPO

Govt needs to complement intent with concrete roadmap to boost tourism

In order to attract more international tourists, India must increase investment and leverage public-private partnership models in healthcare at a faster pace

Indian refiners pay traders in dirhams for Russian oil, says report

Indian refiners and traders are concerned they may not be able to continue to settle trades in dollars, especially if the price of Russian crude rises above a cap imposed by the Group of Seven nations

Haryana govt employees to get medical reimbursement for ayurvedic treatment

Haryana's Health and AYUSH Minister Anil Vij on Friday announced that the state government employees will also get reimbursement for Ayurvedic medicines treatment in addition to the allopathic ones.

Jharkhand gets Rs 5,271 cr from Budget for rail infrastructure augmentation

Railway minister Ashwini Vaishnaw on Friday said that Jharkhand has been allocated a whopping Rs 5,271 crore from the Union Budget to augment the railway infrastructure of the state

J&K admin sanctions Rs 62 cr project for conservation of herbal riches

The Jammu and Kashmir administration on Friday announced a pioneering project envisaging total transformation in the landscape of Medicinal and Aromatic Plants cultivation in the Union Territory

Wheat prices fall over 10% in 7 days on selling of FCI stock in open market

FCI sold 0.92 million tonnes since Feb 1, netting around Rs 2,290 crore

Planned FY24 spectrum sale round drives non-tax revenue goal from telecom

Officials said deferred spectrum charges to be paid by telcos also make up a large chunk of the expected revenues

Budget 2023: Railways makes digital push to end passenger reservation woes

Minister says backend overhaul to increase ticket and enquiry capacity tenfold