Page 798 - Economy & Policy News

India-Australia trade agreement to greatly benefit MSMEs: Piyush Goyal

The interim pact between India and Australia, also known as Economic Cooperation and Trade Agreement (ECTA), has the potential to double bilateral trade to $50 billion in half a decade

Nano liquid urea cheaper, better, saves govt subsidy: Mansukh Mandaviya

Minister for Chemicals and Fertilisers stressed on need to promote nano liquid urea in place of conventional granular urea, saying it is better, cheaper, convenient, will help govt in saving subsidy

Indian Rupee inches up as Asian currencies notch marginal gains on Thursday

The Indian rupee eked out slim gains on Thursday in its penultimate trading session of 2022, as Asian markets rebounded to move higher and the dollar flatlined

Indian economy resilient in face of global headwinds, says RBI Governor

Amid global shocks and challenges, Indian economy presents picture of resilience and regulators are ready to take appropriate actions to preserve financial stability, RBI Governor Shaktikanta Das said

State governments to oversee law for online games in their jurisdictions

The states will also be asked to appoint grievance redressal executives and nodal contract executives

CAD widens to 4.4% of GDP in Q2 due to higher trade deficit: RBI data

The country's current account deficit widened to 4.4% of the GDP in the quarter ended September, from 2.2% GDP during the April-June period, due to higher trade gap

Free trade with Australia kicks off; Tamil Nadu sees export gains

India gets preferential access to all products it exports to Australia

Goal set for up to Rs 50,000-crore green investments in Uttar Pradesh

The state has set a target to generate 22,000 megawatt (Mw) of solar power over the next five years

Covid won't impact fast-growing retail sector in 2023, says EY's Angshuman

Wave of consolidation is likely to hit shores of country's fast-growing retail industry next year also as larger players seek to strengthen their footprints

Handling terror groups, asylum to Hindus, Sikhs: MHA 2022 Highlights

Tackling violence perpetrated by terror groups, efforts to ameliorate the woes of persecuted minorities of Pakistan and Afghanistan were some of key issues which dominated agenda of the MHA in 2022

India-Australia FTA to help bilateral trade cross $70 bn in next 5 years

FTA between India and Australia will help boost bilateral trade in goods and services to cross $70 billion in the next five years, according to economic think tank GTRI

India extends policy to import refined palm oil at lower duty of 13.75%

The duty cut made refined palm oil imports lucrative for Indian refiners, which traditionally prefer to import crude palm oil

India's pulses market hots up after arrival of new tur, early chana crops

MSP of tur is Rs 6,600 per quintal, while that of masur is Rs 6,000 per quintal and urad at Rs 6,600 per quintal

CBIC asks taxmen to recover lower dues from firms under insolvency

Issues a separate circular on limitation period of show-cause notices

India-Australia interim trade deal kicks in today after eight-month wait

The implementation of the interim trade pact, also known as Economic Cooperation and Trade Agreement (ECTA) has the potential to double the bilateral trade between the two countries to $50 billion

Strong recovery in civil aviation sector, growth to continue: Scindia

Country's civil aviation sector is witnessing strong V-shaped recovery with encouraging domestic passenger numbers, and growth will continue in coming years, Union Minister Jyotiraditya Scindia said

Indo-Aus trade pact from Dec 29; several goods to get duty-free access

The interim FTA between India and Australia will come into force on Thursday, providing duty-free access to thousands of domestic goods such as textiles, and leather in the Australian market

Why India needs to build a robust framework to facilitate energy transition

The investment buzz for the transition has begun but policy frameworks still lag the process

Trai recommends 5 MHz spectrum in 700 MHz band to NCRTC for RRTS corridors

Trai has recommended that the 5 MHz spectrum in the 700 MHz band should be assigned to NCRTC for use in Regional Rapid Transit System (RRTS) corridors along the railway tracks

India's basket of crude rises 102% between Oct 2020-Oct 2022: Report

According to Petroleum Ministry sources, petrol prices stood at Rs 81.06 per litre in October 2020, however by October 2022, they had risen only 19.3 per cent to Rs 96.72 per litre