Page 776 - Economy & Policy News

WPI inflation cools to 22-month low of 4.95% in Dec as food prices fall

In November 2022, wholesale price inflation stood at 5.85 per cent. In December 2021, it was at 14.27 per cent

Finance ministry increases 'risk profiling' of shipments from China

Govt taking steps to address possible cases of under-invoicing

MeitY calls another consultation on online gaming policy on Tuesday

The ministry earlier this month released draft amendments to the IT (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021, in relation to online gaming

India now buying 33 times more Russian oil than a year earlier

The country is now easily India's biggest source of oil after overtaking Iraq and Saudi Arabia several months ago.

UP RERA logs 23% growth in registration of new real estate projects in 2022

There was a jump of about 23 per cent in the registration of projects in 2022 as compared to 2021

RLDA invites bids for leasing 22,182 sqm of land in Darjeeling

The proposed land parcel will be leased out for 99 years and the reserve price of the land is Rs 73 crores

Union Budget 2023: Long-term capital gains tax likely to be rationalised

This tax was discontinued in 2005, but was reintroduced in 2018 in the Union Budget for that fiscal

India's ongoing FTA negotiations with EU, UK are on track: Govt official

All these issues require a lot of unanimity among the negotiating countries and these talks are complex exercises

India, Egypt to hold first-ever exercises with special forces: Ambassador

Talking about the bilateral trade target, Ambassador said that the $12 billion doesn't represent the potential of both of the countries

Financial conditions to be tighter due to Fed's decadal-high rates: Crisil

Liquidity conditions will also not return to surplus as seen in the pandemic years, which will maintain fundamental pressure on domestic interest rates

India hopeful rupee trade with Russia will pick up in future: Govt official

Russia, Sri Lanka, Mauritius and Bangladesh are some of the countries that are keen on rupee trade with India

Union Minister Piyush Goyal pitches for startup database in country

Commerce and Industry Minister Piyush Goyal on Monday called for making a strong database of all startups in the country as it would belp both public and private sectors

FTA will act as catalyst to fulfill huge trade potential with India: Israel

Bernstein-Reich, who also holds the position of Chairperson of the Israel-India and Sri Lanka Chambers within the Israel-Asia Chamber, will continue in that role

First G20 Health Working Group meet in Thiruvananthapuram during Jan 18-20

India also aims to achieve convergence in discussions and work towards integrated action, the ministry added

Govt exempts customs duty on imports of Covid-19 vaccines till March 31

Currently, Covid vaccines administered in India include Covishield, Covaxin, Sputnik V, Corbevax and Covovax

Over 100 mn records linked digitally to Ayushman Bharat Health Account

Over 300 million citizens have generated their unique Ayushman Bharat Health Accounts (ABHA) so far

Indian exports decline 12.22% YoY to $34.48 billion in December: Govt data

The data, released by the commerce ministry, also showed that the country's imports in December 2022 dropped to $58.24 billion as against $60.33 billion in the same month the previous year

Record-high housing sales in 2022, new launches in 7 top cities: Data

The year 2022 witnessed record-high housing sales and new launches across the top seven cities in the country, according to new data

WPI inflation falls to 4.95% in December from 5.85% in previous month

Inflation in manufactured products was 3.37 per cent during the month

Firm trend: Rupee gains 9 paise to 81.29 against US dollar in early trade

The rupee gained 9 paise to 81.29 against the US dollar in early trade on Monday supported by broad dollar weakness and a firm trend in domestic equities