Page 826 - Economy & Policy News
All-India average wholesale prices of wheat up 22% so far this year: Govt
Average wholesale price of wheat rose 22 per cent across India to Rs 2,721 per quintal in November from Rs 2,228 per quintal in January this year, the government data showed
 "All-India average wholesale prices of wheat up 22% so far this year: Govt")
Tamil Nadu to achieve carbon neutrality before India's 2070 target: Stalin
State govt has set up the Tamil Nadu Governing Council on Climate Change, the first such to be headed by a CM
 "Tamil Nadu to achieve carbon neutrality before India's 2070 target: Stalin")
Fuel demand in India hits eight-month peak in November amid festivals
Consumption of fuel, a proxy for oil demand, was 2.4% higher than the previous month, and rose 10.2% year-on-year to 18.84 million tonnes in November, according to the data
 "Fuel demand in India hits eight-month peak in November amid festivals")
India's forex reserves rise for fourth week, hit over 3-month high
The RBI in the past has said changes in its reserves is a function of revaluation gains or losses, as well as market interventions
 "India's forex reserves rise for fourth week, hit over 3-month high")
Wheat sowing up 25% so far this rabi season at 25.576 million hectares
Wheat acreage has increased by 25 per cent so far in the onging rabi season at 255.76 lakh hectares mainly on higher sowing area in Uttar Pradesh and Madhya Pradesh, the government data showed.
 "Wheat sowing up 25% so far this rabi season at 25.576 million hectares")
UK-based Nithia Capital eyes 3.5 MT steelmaking capacity in India: CEO
Government infrastructure will fuel domestic steel consumption for two years, says Jai Saraf
 "UK-based Nithia Capital eyes 3.5 MT steelmaking capacity in India: CEO")
Union Budget: Understanding the GDP, GVA and the difference between the two
While GDP measures the total value of products and services a country manufactures or delivers, GVA measures the value added to product in order to enhance their worth
 "Union Budget: Understanding the GDP, GVA and the difference between the two")
India's Nov thermal coal imports at 10 month-low as local output soars
Imports fell mainly due to higher production by state-run Coal India, which accounts for 80% of India's coal output
 "India's Nov thermal coal imports at 10 month-low as local output soars")
Australian investors meet UP CM Yogi to discuss opportunities in state
A delegation of Australian investors on Friday met Uttar Pradesh Chief Minister Yogi Adityanath at his official residence here
 "Australian investors meet UP CM Yogi to discuss opportunities in state")
Govt seeks Parliament nod for net additional spending of Rs 3.25 tn
The move is spurred by a jump in expenditure on fertiliser and food amid the Ukraine crisis
 "Govt seeks Parliament nod for net additional spending of Rs 3.25 tn")
Govt hopes to meet Rs 65,000 cr FY23 disinvestment goal via offer for sale
DIPAM has so far raised Rs 62,000 crore including dividends of Rs 34,000 crore, says Tuhin Kanta Pandey
 "Govt hopes to meet Rs 65,000 cr FY23 disinvestment goal via offer for sale")
78% of frontline workers in Delhi NCR employed in e-commerce sector: Survey
During pandemic, consumer sentiment improved for SMEs that went online, leading to a spike in frontline jobs, revealed study by BetterPlace, a tech platform for blue-collar workforce management
 "78% of frontline workers in Delhi NCR employed in e-commerce sector: Survey")
Rising gas prices constrain CNG penetration in commercial vehicles: Icra
Rising gas prices have constrained CNG penetration in commercial vehicles to 9-10 per cent in the current fiscal from peaks of 16 per cent, Icra Ratings said on Friday
 "Rising gas prices constrain CNG penetration in commercial vehicles: Icra")
FM to present statement on demands for grants for current fiscal in LS
She will also present a statement showing excess demands for grants for 2019-20 in the Lower House
 "FM to present statement on demands for grants for current fiscal in LS")
India inflation likely softened to nine-month low in November, shows poll
Inflation has stayed above the upper end of the Reserve Bank of India's 2%-6% tolerance band all year and this has triggered 225 basis points of interest rate rises to the repo rate so far
 "India inflation likely softened to nine-month low in November, shows poll")
Centre unlikely to conduct Census before Lok Sabha elections 2024
The gigantic exercise involves training 3 million enumerators who would visit houses in two phases to collect the data
 "Centre unlikely to conduct Census before Lok Sabha elections 2024")
India's public spending could crowd out private spending, says CEA
India's chief economic adviser said on Friday that the current pace of public spending in the country could crowd out private spending
 "India's public spending could crowd out private spending, says CEA")
More sectors to be covered under PLI scheme soon, says Piyush Goyal
"PLI gives the kickstart, but then the industry has to move on its own strength, he said
 "More sectors to be covered under PLI scheme soon, says Piyush Goyal")
Centre accords 'in-principle' approval for 21 greenfield airports
The Central government has accorded 'in-principal' approval for the setting up of 21 greenfield airports across the country, said Minister of State in the Ministry of Civil Aviation Gen VK Singh
 "Centre accords 'in-principle' approval for 21 greenfield airports")
Tax sops for craft paper, textile, pharma units in Madhya Pradesh
The Madhya Pradesh government is leaving no stone unturned to facilitate investment assistance to various sectors
 "Tax sops for craft paper, textile, pharma units in Madhya Pradesh")