Page 770 - Economy & Policy News
Gujarat firms sign 22 MoUs entailing investments worth Rs 40,000 cr in UP
The roadshows and meets were organised here in the run up to UP Global Investors Summit to be held in Lucknow between February 10 and 12
 "Gujarat firms sign 22 MoUs entailing investments worth Rs 40,000 cr in UP")
Medical value travel key to address disparities in healthcare system: Govt
One of the highlights of three days meeting was a side event on Medical Value Travel
 "Medical value travel key to address disparities in healthcare system: Govt")
Wheat area rises as markets await Centre's approval for open sales
This is 12 per cent more than the normal area and among the highest in recent years. Normal area is the average area of the last five years
 "Wheat area rises as markets await Centre's approval for open sales")
Fresh formal job creation stays below 1 million in November: EPF data
The number of new monthly subscribers under the Employees' Provident Fund (EPF) scheme increased to 899,332 in November from 768,643 in October
 "Fresh formal job creation stays below 1 million in November: EPF data")
India's foreign exchange reserves surge $10 billion to five-month high
Reserves rose on valuation impact, likely RBI dollar purchases
 "India's foreign exchange reserves surge $10 billion to five-month high")
Davos 2023: UAE, India in early talks to settle non-oil trade in rupees
Thani Al-Zeyoudi, the UAE's minister of state for foreign trade said other countries, including China, had also raised the issue of settling non-oil trade payments in local currencies
 "Davos 2023: UAE, India in early talks to settle non-oil trade in rupees")
India to double its high-impact community development project in Sri Lanka
Jaishankar also handed over 300 completed houses in the Galle, Kandy, and Nuwara Eliya districts in the housing project implemented by India
 "India to double its high-impact community development project in Sri Lanka")
Commerce Ministry relaxes EPCG norms to promote ease of doing biz
The latest relaxation will be available for hotel, healthcare, and educational sectors, the commerce ministry said
 "Commerce Ministry relaxes EPCG norms to promote ease of doing biz")
'India's G20 presidency comes at a crucial time', says WEF's Klaus Schwab
"India remains a bright spot amid global geoeconomics and geopolitical crises," he added
 "'India's G20 presidency comes at a crucial time', says WEF's Klaus Schwab")
'India's gas imports to rise on easing global prices', says Petronet LNG
India's gas imports in October and November declined by about a fifth to about 1.8 million tonnes from this fiscal year's peak of 2.2 million tonnes in May
 "'India's gas imports to rise on easing global prices', says Petronet LNG")
Noida investor summit attracts investment proposals worth Rs 11,500 crore
Uttar Pradesh is gearing up for a Global Investors' Summit (GIS) which is scheduled to be held in Lucknow in February
 "Noida investor summit attracts investment proposals worth Rs 11,500 crore")
Retail inflation for rural workers eases to 6.6% in Dec on low food prices
The CPI-AL was at 1,167 points in November 2022, while CPI-RL was at 1,178 points in the previous month
 "Retail inflation for rural workers eases to 6.6% in Dec on low food prices")
EPFO adds 1.6 mn net subscribers in November 2022: Labour Ministry
The data also highlighted that approximately 11.21 lakh members re-joined EPFO membership
 "EPFO adds 1.6 mn net subscribers in November 2022: Labour Ministry")
Govt to extend export scheme benefits to green hydrogen fuel manufacturers
The country aims for annual production of 5 million tonnes of green hydrogen and hopes to provide at least 10% of global demand by 2030
 "Govt to extend export scheme benefits to green hydrogen fuel manufacturers")
Centre to come out with 'Blue Economy' policy soon for ocean resources
The government had earlier rolled out the draft blue economy policy in the public domain, inviting suggestions and inputs from various stakeholders
 "Centre to come out with 'Blue Economy' policy soon for ocean resources")
2023 to be tough on trade as global economies will slow down: GTRI to Govt
Announcement of measures like quick refund of duties, resolving inverted duty issues and bringing exports through post and courier at par with standard customs clearances in the forthcoming Budget
 "2023 to be tough on trade as global economies will slow down: GTRI to Govt")
WHO hail India's G20 Presidency; say it should be a beacon for others
A WHO official termed India's presidency at the G20 Health Working Group meeting as an "exciting moment in history" and said it has bolstered the voice of the Global South
 "WHO hail India's G20 Presidency; say it should be a beacon for others")
Sebi opts for principles-backed approach on ESG ratings, says report
The move by SEBI would allow such scores to be assigned to more companies, making it increasingly possible for investors to assess businesses with a yardstick seen to be growing in importance
 "Sebi opts for principles-backed approach on ESG ratings, says report")
Kerala FM Balagopal seeks inputs to revitalise state's sagging economy
Ahead of the state budget to be presented on February 3, Kerala Finance Minister K.N. Balagopal has sought the people's suggestions to reinvigorate the sagging economy of the state
Why PM Modi can shrug off Rahul Gandhi's populist challenge, for now
Even with a bumper tax harvest the federal government will just about meet its targeted budget deficit of 6.4% of gross domestic product for the fiscal year that ends on March 31
 "Why PM Modi can shrug off Rahul Gandhi's populist challenge, for now")