Page 824 - Economy & Policy News

Statsguru: Story of the home-made handset and India's upward mobility

Analysis of data from the International Trade Centre shows that India registered a compounded annual growth rate of 143 per cent between 2017 and 2022

Sixth round of India-UK free trade agreement talks to begin from Dec 12

The sixth round of negotiations between senior officials of India and the UK for a proposed free trade agreement (FTA) will begin here on Monday with an aim to conclude the talks at the earliest

Russia remains India's top oil supplier for second month in a row in Nov

Russia has for the second month in a row remained India's top oil supplier in November, surpassing traditional sellers Iraq and Saudi Arabia, according to data from energy cargo tracker Vortexa

Govt asks banks, stakeholders to explore more countries for trade in rupee

Having facilitated rupee trade with Russia, Mauritius and Sri Lanka, the government has asked trade bodies and banks to explore such opportunities with more nations, sources said

Smartphone shipments in 2023 to remain flat amid global slowdown: Report

Smartphone shipments are to remain flat in 2023 amid a global slowdown, as it is expected to continue underperforming through the first half of the year and start rising only from the third quarter

Govt will make efforts to meet 230-Gw peak demand in April 2023: Power secy

The government will take all possible measures to meet the 230-gigawatt (GW) single-day peak demand expected in April 2023, according to Power Secretary Alok Kumar

Bengaluru set to host first meeting of G20 Finance Track: Official

Bengaluru will host the first meeting of the G20 Finance Track under India's G20 Presidency

Kinnow output in Punjab likely to drop by 25% amid shortage of water supply

Punjab, a major grower of kinnow crop in the country, is likely to witness at least a 25 per cent decline in the output of the citrus fruit even as the growers are fetching higher prices this season

Power deficit declines to 0.2% in November from 2% in April this yr

Power deficit, or the gap between electricity required and supplied, has fallen from 2 per cent in April this year to 0.2 per cent in November 2022, as per latest government data

Appliance makers expect robust growth from heating products this winter

Appliance makers are expecting a high double-digit growth in sales of heating products such as geysers and room heaters on hopes of a good winter and are ramping up production capacity

PM National Apprenticeship Mela to be held in 197 districts of India

Aiming to boost career opportunities for India's youth under Skill India Mission, the MSDE will hold the Pradhan Mantri National Apprenticeship Mela on Dec 12, across 197 locations in 25 states and UT

Trai seeks views on regulating spectrum for aviation for communication

Telecom regulator Trai on Saturday issued a consultation paper to explore regulating communications services being provided by two entities to airlines using very high frequency band spectrum

Odisha to host G20 sub-committee meet on education, culture, energy next yr

Union Minister Dharmendra Pradhan on Saturday said three G20 sub-committee meetings on education, energy and culture will be held in Odisha next year

Union Budget 2023 may announce sops for domestic EVs and storage solutions

Custom duty exemptions being provided for lithium-ion cells for making phone battery packs could be extended to EV batteries and energy storage solutions as well

India Nov thermal coal imports at 9-month low as local output soars

India's thermal coal imports fell to the lowest levels in 9 months during November, data from consultancy Coalmint showed, mainly due to a rise in domestic coal production

Drug trials on human tissues, cells made in labs soon; new rules in offing

Pre-clinical trials of new drugs could soon be done on human tissues and cells developed in laboratories and not just on animals as the Union Health Ministry is working on bringing in amendments

Will push for early India-EU FTA under our presidency, says Sweden

The minister described India's procurement of crude oil from Russia amid the Ukraine conflict as part of domestic policies, saying every country must make their own decisions

Govt picks 67 entries under PLI scheme for specialty steel, to create jobs

The government has selected a total of 67 entries with an investment potential of Rs 42,500 crore under the production linked incentive (PLI) scheme for specialty steel

India, China trade deficit at $51.5 bn during April-October this fiscal

The trade deficit, difference between import and exports, between India and China has touched $51.5 billion during April-October this fiscal, Parliament was informed on Friday

Waiting for private sector to take the lead on capex: CEA Nageswaran

'Not necessary or healthy for public sector to keep expanding capital investment,' he says