Page 855 - Economy & Policy News
Discounts lift Russia's fertiliser exports, becomes top supplier to India
The surge in Russian supplies halved China's exports to India to 1.78 million tonnes in the first half of 2022/23
 "Discounts lift Russia's fertiliser exports, becomes top supplier to India")
Red carpet for private investors in ITeS sector in Uttar Pradesh
To encourage investors, the government will provide a subsidy of 25 per cent or up to Rs 20 crore for setting up IT Parks
 "Red carpet for private investors in ITeS sector in Uttar Pradesh")
Community health centres lack 80% of health specialists needed: RBI data
Social sector expenditure by states increased sharply during two years worst hit by the coronavirus
 "Community health centres lack 80% of health specialists needed: RBI data")
Rajasthan govt to organise job fairs in every district: CM Ashok Gehlot
The official pointed out that with increasing investments by the private sector in the state, employment opportunities have increased in the state
 "Rajasthan govt to organise job fairs in every district: CM Ashok Gehlot")
Export duty removal will lead to era of growth for steel industry: Scindia
After so many years, Indian steel industry has been able to enlarge its footprint globally and therefore it was "our (government) job to provide a fillip" to the industry, Scindia added.
 "Export duty removal will lead to era of growth for steel industry: Scindia")
2022 huge year in US-India ties, 2023 going to be even bigger: White House
Principal Deputy National Security Advisor Jon Finer also applauded Prime Minister Narendra Modi for being instrumental in forging a consensus during the recently concluded G-20 Summit
 "2022 huge year in US-India ties, 2023 going to be even bigger: White House")
Goldman sees India's growth slowing in 2023 as post-pandemic benefits fade
Gross domestic product may expand by 5.9% in calendar year 2023 from an estimated 6.9% this year
 "Goldman sees India's growth slowing in 2023 as post-pandemic benefits fade")
Sitharaman to meet state FMs for pre-budget consultation on Friday
Finance Minister Nirmala Sitharaman will hold pre-budget consultations with her state counterparts on Friday
 "Sitharaman to meet state FMs for pre-budget consultation on Friday")
India's food service market to reach $79.65 bn by 2028, says report
India's food service market is expected to reach $79.65 billion by 2028, growing at a CAGR of 11.19 per cent from $41.1 billion in 2022, according to a report
 "India's food service market to reach $79.65 bn by 2028, says report")
Start-up Odisha growth fund gets Rs 1,000 cr commitment, disbursal in 5 yrs
Flags off Hall of Fame 2.0 with TiE Bhubaneswar
 "Start-up Odisha growth fund gets Rs 1,000 cr commitment, disbursal in 5 yrs")
Removing IPC offences from GST Act will be welcome move: Experts
Proposal will reduce litigation for businesses but may lead to longer prison sentences, they say
 "Removing IPC offences from GST Act will be welcome move: Experts")
India imports 2.34 mn tons of fertiliser including urea, DAP in October
The country imported 23.4 lakh tonne of fertilisers, including urea and Di-ammonium Phosphate (DAP), in October this year, according to official data.
 "India imports 2.34 mn tons of fertiliser including urea, DAP in October")
Indian states' fiscal deficit rose nearly 79 per cent after lockdown: RBI
The RBI's Handbook of Statistics on Indian States showed that apart from Arunachal Pradesh, Haryana, Sikkim and Odisha, all the states saw a higher fiscal deficit in FY21 as compared to FY20
 "Indian states' fiscal deficit rose nearly 79 per cent after lockdown: RBI")
Top headlines: CDSL malware attack, removal of penal offences from GST law
Business Standard brings you the top headlines at this hour
 "Top headlines: CDSL malware attack, removal of penal offences from GST law")
Sovereign investors favour US, India as top 2022 investment markets: Study
Among developing nations, India has overtaken China as the most popular emerging market, having climbed to No. 2 in 2022 from No. 9 in 2014.
 "Sovereign investors favour US, India as top 2022 investment markets: Study")
Odisha govt rakes up 'shelved' Bargarh-Nuapada railway project issue
The woman leader of the BJD, in a letter to Railway Minister Ashiwni Vaishnaw, urged him to sanction the Bargarh-Nuapada new railway line as it would boost economic activities in the region.
 "Odisha govt rakes up 'shelved' Bargarh-Nuapada railway project issue")
Coronary stents may become more affordable, NPPA to decide price
The SNCM had deliberated on the essentiality, categorisation and other relevant aspects of coronary stents
 "Coronary stents may become more affordable, NPPA to decide price")
NPCI holds talks with RBI on proposed December 31 volume cap deadline
At the moment, NPCI is evaluating all the possibilities and no final decision has been taken to extend the December 31 deadline, the sources said
 "NPCI holds talks with RBI on proposed December 31 volume cap deadline")
Top prices soften since early November; potato slumps by almost 24%
Retail prices of tomatoes, onions, and potatoes see a drop since early November, according to the Department of Consumer Affairs
 "Top prices soften since early November; potato slumps by almost 24%")
Global accounting standards convergence crucial for capital inflows: Khara
Khara said the accounting profession has contributed to identifying the quality of assets that are sitting in the books of various banks
 "Global accounting standards convergence crucial for capital inflows: Khara")