Page 786 - Economy & Policy News

Budget 2023: A look back at some major announcements in previous Budget

Here is a brief status check of some initiatives that the Finance Minister touched upon in the Union Budget 2022

Railways to invest Rs 18,000 cr to upgrade depots for Vande Bharat trains

The railways estimates that it will cost Rs 312 crore per depot to upgrade the maintenance depots

Explained: Google-CCI saga and Competition Commission's shortcomings

With Google alleging that CCI copy-pasted an order passed by European Union's General Court, gaps in manpower and capacity at CCI have surfaced

Institutional investments in retail real estate jump 6-fold in 2022: Rpt

Institutional investments in retail real estate jumped over six fold to USD 492 million in 2022, as businesses in shopping malls revived strongly post the COVID pandemic, according to Colliers India

FY24 disinvestment target to be around Rs 60K-cr, big ticket deals unlikely

The government's decision to not list any new entity for privatisation may be because of the prevailing market conditions

Retail inflation likely remained steady at 5.9% in December, finds poll

The Jan. 4-9 poll of 45 economists put consumer price inflation at 5.90% in December from a year earlier, little changed from an eleven-month low of 5.88% in November

Power Ministry asks utilities to import 6% of coal requirement until Sept

Coal accounts for more than 70% of India's power generation, with coal-fired plants accounting for more than three quarters of India's use of the polluting fuel

70% investment target received ahead of summit in Uttar Pradesh

Since UP is itself aiming to become a trillion-dollar economy, the global investors summit is expected to give a major fillip to the endeavour

Telangana IT exports grow over 3-fold to Rs 1.83 trn in 8 years: Rama Rao

"The number of employees or employers who are looking at Hyderabad is growing. I sincerely believe that this is just the beginning," the Minister said

Huge investments opportunities are there in India, says Piyush Goyal

India is a land of opportunity, and the Indian diaspora should take this message to the world, he said

India's fuel demand hits 9-month high in Dec due to uptick in PV sales

On a daily basis, consumption of gasoline rose marginally in December compared to the previous month

Ease lending norms for artisans, weavers: Amit Mitra to FM Sitharaman

For artisans, Mitra said, out of 48,153 applications, 29,656 were rejected in the same six-month period, a rejection rate of 62 percent

Rupee at 1-month high; US data spurs bets of slower Fed rate hikes

RBI moves push up forward premia; reduce hurdles for currency

'India needs to invest up to $100 bn annually more for 2070 net-zero goal'

Companies in India are already investing $65 billion-$100 billion to cut carbon emission from existing and new capacities

Looming crisis: As power demand hits a peak, gencos told to import coal

Domestic coal supply to be regulated for those not adhering to the directive

'DGFT should clarify duty payment for destruction of imported goods'

Practically, it is difficult to escape payment of customs duty and interest even when the goods are destroyed or re-exported

No K-shaped recovery in India, pandemic 'leveler' to reduce inequality: SBI

SBI said that government transfers to the poor alone are adding up to Rs 75,000 per household per annum

India can tap Switzerland's innovation with FTA, says Ralf Heckner

The objective of the Swiss government when it comes to the Swiss financial centre is twofold - sustainability and that all countries should adhere to the same international standards

Three-four countries keen on UPI, says NPCI MD & CEO Dilip Asbe

UPI, Singapore's PayNow integration to go live soon

PMO to take a final call if DCC should be disbanded, say officials

The Department of Telecommunications believes the Digital Communications Commission body serves no additional purpose since most approvals are often taken on an inter-ministerial basis