Page 777 - Economy & Policy News

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

Rupee outlook positive, central bank eyed; bond yields likely to rise

Government bond yields are expected to tick up as investors shift focus to the upcoming budget

India to be manufacturing economy to realise 'Make in India' goal: Pradhan

Union Education Minister Dharmendra Pradhan on Sunday said India has to become a manufacturing economy for achieving the 'Make in India' goal

India to have Doppler Weather Radar Network by 2025: Jitendra Singh

Union Minister of State for Science and Technology Jitendra Singh said that under the leadership of PM Narendra Modi, the number of radars has increased from 15 to 37 in the last eight years

India's G20 presidency: Infra Working Group meet to begin in Pune on Monday

On day one on Monday, the IWG delegates will undertake a series of official meetings, and discuss the 2023 Infrastructure Agenda

GST not payable on Govt incentive to banks for promoting RuPay card

Last week the Cabinet cleared a Rs 2,600-crore incentive scheme for banks to promote RuPay debit cards and low-value BHIM-UPI transactions in the current fiscal

Ministries flout local procurement rules in govt contracts, says DPIIT

Dept says tender terms favourable to foreign firms

Delhi excise policy 2023-24: Remove rules promoting imports, says CIABC

The CIABC has also recommended opening of world-class private retail shops across the city

Apparel, drugs, and leather exporters under scanner for tax scheme misuse

Sources say refunds of 600 entities not being processed

Creative autonomy necessary, but with safeguards: Anurag Thakur

Information and Broadcasting Minister Anurag Thakur on Sunday made a strong pitch for creative autonomy and said there were adequate safeguards in place for monitoring content on OTT platforms.

Jammu and Kashmir govt okays Rs 91-cr project for revival of silk industry

Jammu and Kashmir is known for its high-quality bivoltine silk and has the potential to become a major silk producing hub in the country

Pending deal approvals: Industry participants flag lack of quorum at CCI

Various industry players have sought measures to address the current situation till a new chairperson is appointed

India Inc business confidence hits a 2-year high in third quarter

Industry seeks hold on interest rates from RBI

Statsguru: Six charts show faltering consumer protection in India

While pendency rates in consumer courts are better than the usual courts, an analysis found that one in five of the 2.5 million cases across consumer forums were pending

India's Russian oil imports cross 1 million barrels a day in December

Russia, which made up for just 0.2 per cent of all crude oil India imported in the year to March 31, 2022, supplied 1.19 million bpd in December

Centre earmarks Rs 2,000 crore to encourage states to scrap old vehicles

Under the scheme, financial assistance is being provided to state governments in the form of 50-year interest free loan for capital projects

Regulatory, internal market barriers of China impact India's exports: GTRI

China uses four significant barriers besides customs duties to regulate imports from countries like India, it said

India's counter response shows country won't be coerced by anybody: EAM

At the same time, the Central government is working to create a full spectrum of relations and stronger economic linkages buttressed by closer security coordination, he said