Page 836 - Economy & Policy News

FinMin rejects provision for tax benefits to SEZs under DESH Bill

Says proposed incentives would "create havoc" for units outside the zones

Anonymity achieved in all retail CBDC wallet-to-wallet dealings done so far

Around 2,000 transactions recorded in first three days of pilot; aim now is to erase digital trails between wallets

States' capital spends up 2.2% in 1st half despite huge spike in revenues

Capital expenditure of 18 states has risen just 2.2 per cent in the first half of the current fiscal even as their combined revenue deficit has narrowed to more than one-fourth from the year-ago

Statsguru: Six charts explain India's global economic growth standing

A Business Standard analysis found that the country mirrored the global trend, with the rate of growth slowing from the same quarter last year

Crude concerns: India may have to rely on dark fleets for Russian imports

India will continue to buy Russian oil, and the lack of ships or insurers will not be a hindrance, said an oil ministry official

Jaishankar-Baerbock talks to include India-China ties, Ukraine conflict

India's relationship with China and consequences of Russian invasion of Ukraine are set to figure in talks between External Affairs Minister S Jaishankar and his German counterpart Annalena Baerbock

A challenge to maintain, better India's aviation safety ranking: DGCA chief

With the country getting its highest-ever rank in the ICAO aviation safety rankings, DGCA chief Arun Kumar on Sunday said the challenge now is to maintain and further improve the air safety ecosystem

Govt mulls exempting early-stage startups from data bill provisions

An official source says the government may exempt early-stage startups from complying with the norms under the proposed Digital Personal Data Protection bill

India can sustain 9% GDP growth for many years: EAC member Sanyal

Economic Advisory Council member Sanjeev Sanyal asserted that a high sustained GDP growth rate is key for the world to achieve the 2030 Sustainable Development Goals

Dharavi redevelopment project a veritable realty goldmine, say experts

Sensitive rehab, retaining local jobs key challenges in Adani's mega project

Crude one-upmanship: G7 oil price cap on Russia turns on the US tap

The US shipped a record 450,000 barrels/day to India in November

UAE emerges as second biggest tea importer from India after CIS bloc

The UAE emerged as the second largest importer of tea from India after the Commonwealth of Independent States as a block, according to the latest data released by Tea Board

In King Cash's castle: Businesses in disarray, RBI to take a closer look

The CLA has submitted a "confidential update" to the banking regulator, which has also set up an internal committee to monitor developments

Cyber attacks triple in last 3 yrs, but security funds remain underutilised

The funds meant for cybersecurity have been underutilised with only Rs 98.31 crore used of the total Rs 213 crore sanctioned

Railway ministry might miss FY23 asset monetisation target by 85%

U-turn on station development major cause behind botched FY23 monetisation

Kirit Parekh panel recommends 20% premium for gas production by ONGC, OIL

The Kirit Parikh Committee has favoured paying ONGC and OIL a premium of 20 per cent over such price for any new gas production they add from old fields

Standing Committee to take view on Competition Amendment Bill 2022

The Standing Committee of Finance headed by Jayant Sinha will meet on December 8 to consider and adopt the draft report on Competition (Amendment) Bill 2022

Property buyers in Bengal at builder's mercy as RERA not functional: FPCE

Homebuyers' association FPCE on Sunday urged the West Bengal government to make the real estate law RERA functional in the state at the earliest to protect the consumers' interest

Aiming Rs 3,000 cr top line in FY23 amid looming inflation: ThyssenKrupp

Capital goods and engineering major ThyssenKrupp Industries India on Sunday said demand in core sectors will remain robust amid inflationary headwinds in the next 2-3 years

India-G7 JETP stuck over coal, Centre's insistence on own transition plan

RE, tech transfer & green jobs on India's agenda, Germany & the US to co-lead the negotiations