Page 804 - Economy & Policy News
'Rules in place', says Rajeev Chandrasekhar on regulation of online gaming
Union Minister Rajeev Chandrasekhar in a written reply to a question in the Rajya Sabha on Friday said rules on the regulation of online gaming were in place
 "'Rules in place', says Rajeev Chandrasekhar on regulation of online gaming")
Counterfeiting, smuggling develop into substantial threat to global economy
Jaspal Singh IPS, Director General of Police, Goa informed that awareness is the first step towards enforcement as the problem of trade in illicit products emanates from the lack of awareness.
 "Counterfeiting, smuggling develop into substantial threat to global economy")
Indian tech industry hired nearly 380,000 freshers in FY22: Nasscom report
Indian tech industry hired around 380,000 freshers in FY22 and over 70 per cent of Gen Z students are keen to take up tech jobs in the near future, a Nasscom report said on Friday
 "Indian tech industry hired nearly 380,000 freshers in FY22: Nasscom report")
India's growth expected to slow in FY24 amid global slowdown: JP Morgan
India's GDP growth is on course to print close to 7 per cent this year in 2022-23, foreign brokerage, JP Morgan said in a report
 "India's growth expected to slow in FY24 amid global slowdown: JP Morgan")
Rupee trade settlement mechanism draws interest from more nations
Tajikistan, Cuba, Luxembourg and Sudan have begun talking to India about using the mechanism
 "Rupee trade settlement mechanism draws interest from more nations")
Work out strategies to draw global manufacturers to India: FM to industry
Finance Minister Nirmala Sitharaman asked Indian industry to work out strategies as to how businesses operating in developed countries can look at India as a production or sourcing hub
 "Work out strategies to draw global manufacturers to India: FM to industry")
Tariff walls on exports likely by nations undergoing green transition: FM
Finance Minister Nirmala Sitharaman asked the Indian industry to be prepared against "tariff walls" which are likely to be imposed by nations undertaking green transitions, on Indian exports
 "Tariff walls on exports likely by nations undergoing green transition: FM")
Centre likely to announce measures to curb Chinese imports in Budget 2023
The imports of finished goods entering India from China directly or indirectly via a third country will most likely be restricted
 "Centre likely to announce measures to curb Chinese imports in Budget 2023")
Windfall tax slashed: Down 65% on crude oil, and 37% on diesel exports
Windfall tax: The levy on diesel exports has been cut from Rs 8 to Rs 5 per litre and on aviation fuel from Rs 5 to Rs 1.5 per litre
 "Windfall tax slashed: Down 65% on crude oil, and 37% on diesel exports")
India raises base import price of palm oil, gold as prices surge globally
India is the world's biggest importer of edible oils and silver and the second-biggest consumer of gold
 "India raises base import price of palm oil, gold as prices surge globally")
Top Headlines: GST Council meet, exports record flat growth, and more
Business Standard brings you the top headlines at this hour
 "Top Headlines: GST Council meet, exports record flat growth, and more")
J-K govt sets up panel to frame export promotion policy for agri products
The Jammu and Kashmir administration constituted an expert committee to frame a comprehensive export promotion policy to identify agricultural commodities in the Union Territory that can be exported
 "J-K govt sets up panel to frame export promotion policy for agri products")
Modi govt is sounding friendlier toward free trade for some nations
In recent months, senior Indian officials have insisted that their nation intends to integrate further with the global economy
 "Modi govt is sounding friendlier toward free trade for some nations")
Exports record flat growth at $32 billion in November vs $31.8 bn YoY
India's exports on Thursday recorded a flat growth at $31.99 billion in November as against $31.8 billion in the same month last year
 "Exports record flat growth at $32 billion in November vs $31.8 bn YoY")
CBDT seeks detailed report on the top 15 taxpayers in each region
Directive issued for maximising revenue collection and monitoring advance tax mop up
 "CBDT seeks detailed report on the top 15 taxpayers in each region")
India telecom industry to grow by $12.5 bn every 3 yrs: Deloitte-CII report
Indian telecom industry is expected to grow by $12.5 billion every three years with the advent of 5G which has the potential to boost innovation across the globe, Deloitte India and CII report said
 "India telecom industry to grow by $12.5 bn every 3 yrs: Deloitte-CII report")
GST Council meet: GoM pitches for 'specific tax levy' on pan masala, gutkha
Proposes levy on 38 such items in the range of 12-69% of retail sale price
 "GST Council meet: GoM pitches for 'specific tax levy' on pan masala, gutkha")
Rice, wheat inflation continue to rise contrary to overall inflation
The retail inflation rate in wheat rose to 19.67 per cent in November from 17.64 per cent in October
 "Rice, wheat inflation continue to rise contrary to overall inflation")
Govt plans to invite bids to extract gold from dumps at Kolar mines
The Kolar fields, located about 65 kilometres (40 miles) northeast of Bengaluru, are among the country's oldest gold mines
 "Govt plans to invite bids to extract gold from dumps at Kolar mines")
Worker Population Ratio continues to grow, up by 5.8% in 4 years: Centre
An increase in the worker population ratio reflects the higher engagement of people in productive activities, said union minister Jitendra Singh
 "Worker Population Ratio continues to grow, up by 5.8% in 4 years: Centre")