Page 868 - Economy & Policy News

Loans worth Rs 20 trillion disbursed under MUDRA scheme, says PM Modi

PM Modi said loans worth Rs 20 lakh crore have been disbursed so far under the Centre's MUDRA scheme to provide self-employment opportunities to the youth

Parliamentary panel to seek explanation over EPFO plan rejection

A Parliamentary panel will seek explanation from the finance ministry for turning down the labour ministry's proposal to increase the pension of EPFO subscribers from the current Rs 1,000 per month

Services PMI recovers to 55.1 in Oct after hitting six-month low in Sept

Services PMI released by credit rating agency S&P Global improved to 55.1 in October from 54.3 in September

UP govt launches Industrial Investment & Employment Promotion Policy 2022

Investments in these categories will be provided 3 mutually exclusive options including Investment Promotion Subsidy - Capital Subsidy, Net SGST reimbursement

GM mustard awaits a 'competent authority' as uncertainty surrounds

Uncertainty surrounds the second attempt to introduce the genetically modified oilseed

Randi Zuckerberg bats for more women to participate in Web3, crypto

Zuckerberg also toured several startup and venture capital offices and met many investors and founders in Bengaluru

Parliamentary panel recommends setting up regulators for medical devices

The Parliamentary Standing Committee on Health and Family Welfare has recommended setting up of a new set of regulators at different levels for regulating the medical Devices industry

India, UK working sincerely for finalisation of free trade agreement: MEA

The issue of the FTA figured in the first telephonic conversation between the two prime ministers on October 27

Three-fourth employers in services sector willing to hire: TeamLease

The hiring boom in India's services sector is likely to continue in the third quarter, with 73 per cent of employers willing to increase their resource pool

Centre approved projects worth Rs 2 trn for Maharashtra, says PM Modi

"The Centre has approved projects worth Rs 2 trillion for Maharashtra, which will create new opportunities for employment," he said

CoalMin launches largest-ever commercial coal auction of 141 mines

The coal ministry has auctioned close to 64 coal mines to date under commercial auction

Rs 14,000 crore to be infused via paddy procurement in Uttar Pradesh

An estimated Rs 14,000 crore is expected to be injected into the rural economy of Uttar Pradesh through the procurement of paddy in the current 2022-23 kharif marketing season

Need to boost crop productivity, make farming profitable for growth: Tomar

Tomar emphasised on the need for coordinated and comprehensive efforts across various ministries and sectors to realise the true potential of India

Rural pain pushes India's unemployment rate up to 7.7% in October: CMIE

The report said the decline in employment was mostly in rural India and mainly in non-agricultural rural India and the daily wage labourer segment was the most hit as it shrunk by nearly 15 million

India offers policy stability, transparency: FM Nirmala Sitharaman

The finance minister invited industries to give their inputs and be active players in the consultative process

Govt mapping laboratories to plug gaps, modernise them: Piyush Goyal

The gaps could be in terms of long time to get the quality certification, level of technology and type of machinery used in the labs. among others

14 station redevelopment projects in tendering stage: Ministry of Railways

The project will integrate various modes of transport, such as metro and bus services, with the railway stations

India's taxes on crypto transactions may 'kill the industry': Binance CEO

Binance Holding CEO Zhao "CZ" Changpeng said India's onerous taxes on cryptocurrency transactions will probably "kill the industry"

Rate setting panel meets to draft report on missing inflation target: RBI

It was the first time since the monetary policy framework came into effect in 2016 that RBI had to give an explanation to the government

October iron ore exports 'nearly zero', says mining body official

"In October, exports were nearly zero, and it will be so while the duty remains," R.K. Sharma, secretary-general of the Federation of Indian Mineral Industries (FIMI), told Reuters in an interview