Page 840 - Economy & Policy News
UP to uplift nursing, medical institutions quality under 'Mission Niramaya'
Aimed at improving healthcare services in UP under 'Mission Niramaya', as many as 12 institutes have signed a MoU with the State Medical Faculty to mentor nursing and paramedical education
 "UP to uplift nursing, medical institutions quality under 'Mission Niramaya'")
UP becoming top choice of investors due to safe environment: CM Adityanath
CM Yogi Adityanath on Friday claimed that under the BJP rule, Uttar Pradesh has transformed into a "safe" and "riot-free" state, and is set to become the first choice of investors
 "UP becoming top choice of investors due to safe environment: CM Adityanath")
Coal production for April-Nov period up 17% to touch 524mn tonnes
Domestic coal production went up by 17.13% to 524.20 million tonnes during April-November 2022 as compared 447.54 million tonnes of production recorded during the corresponding period of last year
 "Coal production for April-Nov period up 17% to touch 524mn tonnes")
Wheat sowing up 5.36% in first two months of rabi season, shows data
Area sown to wheat has increased by 5.36 per cent annually to 211.62 lakh hectares in the first two months of the ongoing rabi (winter) season, with higher coverage being reported in Rajasthan, Bihar
 "Wheat sowing up 5.36% in first two months of rabi season, shows data")
India extends deadline to levy cap on digital payment transactions
India has decided to extend the deadline on capping the share of digital payment transactions by about two years to Dec. 31, 2024, the National Payments Corporation of India (NPCI) said on Friday
 "India extends deadline to levy cap on digital payment transactions")
Dollar slips to 5-month low, yuan set for biggest weekly gain since 2005
The dollar index, which measures the currency against six major peers including the yen and euro, fell 0.2% to 104.47, having earlier touched its lowest level since June 29 at 104.36
 "Dollar slips to 5-month low, yuan set for biggest weekly gain since 2005")
India's forex reserves rise for third straight week to $550.14 billion
India's foreign exchange reserves rose for the third straight week, to $550.14 billion in the week through November 25, RB) weekly statistical supplement showed on Friday
 "India's forex reserves rise for third straight week to $550.14 billion")
Bank credit grows nearly 17% for fortnight ended Nov 18, says RBI
Indian banking system's outstanding credit grew by 16.96 per cent for the fortnight ended November 18, the Reserve Bank said on Friday
 "Bank credit grows nearly 17% for fortnight ended Nov 18, says RBI")
Work demand under MGNREGS at 4-month high, FY23 funds almost exhausted
The budgetary allocation for MGNREGS has already been exhausted, if pending liabilities for the financial year are included
 "Work demand under MGNREGS at 4-month high, FY23 funds almost exhausted")
GeM closes in on Amazon, Flipkart in gross merchandise value
In FY22, govt's public procurement portal recorded a GMV of $14.2 bn, as against Amazon India's $17 bn and Flipkart's $23 bn
 "GeM closes in on Amazon, Flipkart in gross merchandise value")
India's CAD likely to shoot up as net exports hit nine-year low
India's CAD stood at 2.8 per cent of GDP in Q1FY23, compared with 1.5 per cent of GDP in the January-March quarter of 2021-22
 "India's CAD likely to shoot up as net exports hit nine-year low")
Odisha receives 145 proposals worth Rs 7.26 trn so far in biz conclave
The Odisha government said it has so far received 145 investment proposals worth over Rs 7.26 trillion in the current edition of the business summit
 "Odisha receives 145 proposals worth Rs 7.26 trn so far in biz conclave")
Lockdown, protests in China may impact key sectors in India: Report
In October, India's engineering exports to China fell 64 per cent and there has been a fall in demand for cut and polished diamonds as well as gold
 "Lockdown, protests in China may impact key sectors in India: Report")
IMD forecasts warm winter, crop yields likely to feel the heat this year
Both the minimum and maximum will remain below normal in Southern Peninsular and Central India in these winter months.
 "IMD forecasts warm winter, crop yields likely to feel the heat this year")
Russia continues hold on Indian oil supplies; West's price cap threat looms
India will be unable to use Western tankers and insurance if it refuses to adhere to price cap
 "Russia continues hold on Indian oil supplies; West's price cap threat looms")
Madhya Pradesh set to organise global investors summit in Indore
CM Shivraj Singh Chouhan said MP's policy of providing facilities to investors was the best in the country. The state government has committed itself to extending full cooperation to investors
 "Madhya Pradesh set to organise global investors summit in Indore")
Invest Rajasthan Summit proposals in implementation stage, says minister
The summit had drawn interest from local businesses, in addition to a number of those from India and outside
 "Invest Rajasthan Summit proposals in implementation stage, says minister")
Petrol, diesel sales see double-digit growth in November as demand rises
Petrol sales soared 11.7 per cent to 2.66 million tonnes in November, as compared to 2.38 million tonnes of consumption in the same month last year
 "Petrol, diesel sales see double-digit growth in November as demand rises")
Jet fuel price slashed by 2.3% as international oil price softens
Jet fuel (ATF) price was reduced by 2.3 per cent, reflecting softening international oil prices but petrol and diesel rates remained on freeze for a record eighth month in running
 "Jet fuel price slashed by 2.3% as international oil price softens")
Centre cuts windfall tax on crude oil output and diesel exports
The revised tax rates become effective from December 2, 2022
 "Centre cuts windfall tax on crude oil output and diesel exports")