Page 759 - Economy & Policy News
India's growth for next year pegged at 6.5%; higher than IMF projection
Sticky global inflation could keep rates higher for longer, hurting growth including in emerging markets like India
 "India's growth for next year pegged at 6.5%; higher than IMF projection")
From capex to taxation, four things to look out for in Union Budget 2023
This is the last full budget before the 2024 Lok Sabha elections, and will be tabled amidst a global slowdown and unprecedented geopolitical uncertainty
 "From capex to taxation, four things to look out for in Union Budget 2023")
Legislation governing multi-state cooperative societies set for big change
The Multi-State Cooperative Societies (MSCS) Act, under which the three new co-ops are being formed was last amended in 2002
 "Legislation governing multi-state cooperative societies set for big change")
Assembly polls 2023: Economic snapshots of 3 poll-bound northeastern states
Let us analyse the economic issues and present a brief political scene of the poll-bound states of Tripura, Nagaland, and Meghalaya
 "Assembly polls 2023: Economic snapshots of 3 poll-bound northeastern states")
Inflation in India expected to come down to 5% in 2023 and 4% in 2024: IMF
Inflation in India is expected to come down from 6.8 percent in the current fiscal year ending March 31 to 5 percent the next fiscal, and then drop further to 4 percent in 2024, IMF said
 "Inflation in India expected to come down to 5% in 2023 and 4% in 2024: IMF")
Top headlines: India,China to drive 2023 growth, PLI scheme to be extended
Business Standard brings you the latest headlines at this hour
 "Top headlines: India,China to drive 2023 growth, PLI scheme to be extended")
Expecting slowdown in Indian economy to 6.1% in 2023 from 6.8% in 2022: IMF
IMF said it is expecting some slowdown in the Indian economy next fiscal year and projected the growth to 6.1 per cent from 6.8 per cent during the current fiscal ending March 31
Return to OPS triggers NPS subscriber dip in states, shows NSO data
Only 285,226 new state government employees joined the NPS, as compared to 321,255 subscribers in the corresponding period last year
 "Return to OPS triggers NPS subscriber dip in states, shows NSO data")
Fertiliser subsidy: X factors that could sway a ballooning bill either way
Two policy tweaks to lower the govt's bill depend on weather, state of the global economy and the trajectory of the Russia-Ukraine war
 "Fertiliser subsidy: X factors that could sway a ballooning bill either way")
Developed world hasn't acted on 2009 climate pledge: G-20 Sherpa Kant
India will be seeking to restructure multilateral financial institutions like the International Monetary Fund and World Bank which are out of sync with present-day challenges, a top official said
 "Developed world hasn't acted on 2009 climate pledge: G-20 Sherpa Kant")
India economic survey likely to peg 2023-24 growth at 6-6.8%: Experts
India's annual pre-budget economic survey is likely to peg GDP growth at 6-6.8% for 2023-24, according to a source
 "India economic survey likely to peg 2023-24 growth at 6-6.8%: Experts")
More than 50 million citizens subscribe to Atal Pension Yojana: PFRDA
PFRDA said more than 5 crore people have enrolled under Atal Pension Yojana (APY), the flagship social security scheme of the central government
 "More than 50 million citizens subscribe to Atal Pension Yojana: PFRDA")
Trai calls for overhaul of entertainment apps, tech convergence norms
Telecom and broadcast regulator on Monday issued a consultation paper for a complete overhaul of existing legal framework around entertainment apps like Netflix, MX Player, Hotstar and Prime Videos
 "Trai calls for overhaul of entertainment apps, tech convergence norms")
India, China likely to drive half of 2023 global growth, says IMF
India forecast remains unchanged for FY24
Budget's focus will be on promoting exports, millets, employment: Khattar
Haryana Chief Minister Manohar Lal Khattar said that state's budget for 2023-2024 will focus on promoting exports, products made from millets, and employment opportunities
 "Budget's focus will be on promoting exports, millets, employment: Khattar")
Pvt broadcasters to undertake public service broadcasting for 30 mins daily
The Ministry of Information and Broadcasting on Monday drew attention towards the obligation of public service broadcasting and guidelines for uplinking and downlinking of television channels in India
 "Pvt broadcasters to undertake public service broadcasting for 30 mins daily")
5G infra to cost Rs 3 trn in next 4-5 yrs amid elevated debt levels: Icra
India currently has around 35 per cent of its towers fiberised for 5G and the backhaul infrastructure will cost a whopping Rs 3 lakh crore over the next 4-5 years, rating agency Icra said on Monday
 "5G infra to cost Rs 3 trn in next 4-5 yrs amid elevated debt levels: Icra")
Affordable hsg demand dips, mid-premium remains preferred zone for buyers
Rising input costs, global uncertainties have made it more difficult for developers to launch budget homes in a cost-sensitive market
 "Affordable hsg demand dips, mid-premium remains preferred zone for buyers")
25th annual National HRD conference to begin in Hyderabad from Feb 2
The National Human Resource Development (NHRD) would be holding its 25th annual conference here from February 2-4, with over 1,000 delegates and 110 expert speakers taking part in it
Indian shares slip, tracking financials as Adani stocks extend slide
The Nifty 50 index was down 0.98% at 17,432.45 as of 1:58 p.m. IST, while the S&P BSE Sensex fell 0.91% to 58,792.16. Both indexes had gained 0.6% earlier in the session
 "Indian shares slip, tracking financials as Adani stocks extend slide")