Page 842 - Economy & Policy News
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
 "India can sustain 9% GDP growth for many years: EAC member Sanyal")
Dharavi redevelopment project a veritable realty goldmine, say experts
Sensitive rehab, retaining local jobs key challenges in Adani's mega project
 "Dharavi redevelopment project a veritable realty goldmine, say experts")
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
 "Crude one-upmanship: G7 oil price cap on Russia turns on the US tap")
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
 "UAE emerges as second biggest tea importer from India after CIS bloc")
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
 "Cyber attacks triple in last 3 yrs, but security funds remain underutilised")
Railway ministry might miss FY23 asset monetisation target by 85%
U-turn on station development major cause behind botched FY23 monetisation
 "Railway ministry might miss FY23 asset monetisation target by 85%")
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
 "Kirit Parekh panel recommends 20% premium for gas production by ONGC, OIL")
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
 "Standing Committee to take view 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
 "Property buyers in Bengal at builder's mercy as RERA not functional: FPCE")
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
 "Aiming Rs 3,000 cr top line in FY23 amid looming inflation: ThyssenKrupp")
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
 "India-G7 JETP stuck over coal, Centre's insistence on own transition plan")
Income Tax dept reduces time for taxmen to decide on refund adjustment
The income tax department has reduced the time for tax officers to decide on adjustment of refunds against outstanding tax dues to 21 days, a move which will help avoid litigation
 "Income Tax dept reduces time for taxmen to decide on refund adjustment")
RBI likely to moderate rate tightening amid retail inflation, say experts
According to experts, after three consecutive 50 basis point rate hikes, the RBI may decide to reduce the rate increase by 25 to 35 basis points for lending rates
 "RBI likely to moderate rate tightening amid retail inflation, say experts")
Indian missions to be roped in for branding, promotion of domestic millets
Indian missions abroad would be roped in for branding, promotion and identification of global potential buyers such as departmental stores for domestic millets, the commerce ministry said on Sunday
 "Indian missions to be roped in for branding, promotion of domestic millets")
Cabinet secretary-led panel to pick candidate for PFRDA chairman on Dec 16
A search panel headed by cabinet secretary is scheduled to interview shortlisted candidates on Dec 16 for the post of chairman of Pension Fund Regulatory and Development Authority (PFRDA)
 "Cabinet secretary-led panel to pick candidate for PFRDA chairman on Dec 16")
Given directions to Coal India to conclude wage pact: Pralhad Joshi
Coal minister Pralhad Joshi has given directions to Coal India to conclude the wage pact of its non-executive workforce at the earliest.
 "Given directions to Coal India to conclude wage pact: Pralhad Joshi")
Govt working to extend Rs 3,500-crore PLI benefits to BIS-compliant toys
The PLI benefits will be applicable for manufacturing toys that are compliant with the norms of Bureau of Indian Standards (BIS)
 "Govt working to extend Rs 3,500-crore PLI benefits to BIS-compliant toys")
After the anti-diabetic market, India's cardiac market in for a shake-up
Sun Pharma has the largest share in the Indian cardiac market, followed by Torrent Pharma, Lupin and USV
 "After the anti-diabetic market, India's cardiac market in for a shake-up")
Make in Odisha conclave generates investment proposals of Rs 10.5 trillion
Odisha Chief Minister Naveen Patnaik said the Make in Odisha Conclave 2022 had been a great success
 "Make in Odisha conclave generates investment proposals of Rs 10.5 trillion")