Page 803 - Economy & Policy News

SDGs like no poverty, zero hunger priority for govt: Jitendra Singh

Union Minister Jitendra Singh on Friday said most of the 17 SDGs like no poverty, zero hunger and gender equality are the main priority areas of the Modi model of governance

Wheat stockpiles above buffer stock norm as of Oct, says Piyush Goyal

India's stockpile of wheat was above buffer stock norm at the last scheduled count on Oct 1 and the next such quarterly review which takes into account seasonal procurement cycle, will be due on Jan 1

DPIIT working with 24 key sectors to boost manufacturing, exports

DPIIT is working closely with 24 sectors, including electronics, textiles and auto components, to boost domestic manufacturing, increase exports and cut down imports, an official statement said

Crude oil falls almost 3%, still set for weekly gain on demand hopes

The US Federal Reserve indicated it will raise interest rates further next year, even as the economy slips toward a possible recession. On Thursday, the Bank of England and the European Central Bank r

GST Council meet: Decriminalisation of offences, gutkha biz on agenda

GST Council in its meeting is expected to decide on a number of issues like decriminalisation of offences under GST law, setting up appellate tribunals and mechanism to curb tax evasion in pan masala

India preparing to launch 20% ethanol with gasoline: Hardeep Puri

India is preparing to launch sales of 20% ethanol with gasoline and will look to gradually raise its share of the cleaner fuel in its energy mix, the country's oil minister Hardeep Singh Puri said

Indian households outdo emerging market peers on cutting debt levels

Only one among BRIC countries to have cut leverage to levels to pre-pandemic levels

Integrated soil waste management plant to be built by Maha civic bodies

An integrated soil waste management project worth Rs 148.68 cr has been sanctioned for Ambernath, Ulhasnagar and Badlapur towns in Maharashtra's Thane district, local Lok Sabha MP Shrikant Shinde said

Raj gov may enact law to set up education regulator for coaching centres

Rajasthan is set to enact a law establishing a regulatory authority to keep tabs on private educational institutes including coaching centres

270 urban forest projects approved since 2020: Govt tells Parliament

Nagar Van Yojana, launched in 2020, aims to enhance green cover, biodiversity in cities

Kerala to frame 'Design Policy', says Chief Minister Pinarayi Vijayan

CM said Kerala is working towards 'Design Policy' with intention of making the state a global hub in the fast-emerging creative field by capitalising on the region's strong start-up ecosystem, culture

Spurt in India's liquidity surplus may not sustain through FY end: Experts

India's banking system liquidity surplus has averaged above 1.50 trillion rupees on a daily basis from Dec 1 to Dec 14, as against an average of around 500 billion rupees in November

Illegal colonies in Gurugram on agricultural land under DTCP lens

Dept of Town and Country Planning has issued notices to 16 people involved in developing illegal colonies in Sohna, Bhondsi, Rithoj, Pataudi, Farrukhnagar, Sultanpur in this satellite city of Haryana

Lok Sabha passes bill to give tribal status to Hattee community in Himachal

The Lok Sabha on Friday passed a bill to give scheduled tribe status to the members of the Hattee community in Himachal Pradesh

India will grow at 7-8% next year, Rajan's views will change: Shekhawat

Gajendra Shekhawat said former RBI governor Raghuram Rajan will soon come to change his views on Indian economy, which, according to Rajan, will be lucky to have a growth rate of 5 per cent next year

Contribution of cesses to central govt's tax kitty doubles to over 18%

States have been concerned about increasing cases of Centre imposing cesses for garnering additional revenue

TN power utility invites consumer organisations to air grievances

The Tamil Nadu Generation and Distribution Company (Tangedco) has convened a meeting with the voluntary consumer organisations functioning in the North Chennai area on December 31

Bond yields rise as debt auction sees weak demand; dip on weekly basis

The overall sentiment remained weak because of hawkish commentary from central bankers across the world, which dimmed the hopes of domestic interest rate cuts later in 2023, said a dealer at a bank

Countries eager to sign FTAs with India: Piyush Goyal in Rajya Sabha

Countries across the world are looking at India as a trusted partner and want to sign free trade agreements with it after its emergence as a strong force in the world, Textile Minister said in the RS

Domestic textile industry faces tough times as consumers cut spending

While overall economy is relatively strong, the textile sector is a notable exception and orders suggest the downturn will continue well into 2023, raising the risk of layoffs in an industry