Page 876 - Economy & Policy News

Has India's outlook towards GM changed or is it just a flash in the pan?

Quick decision-making has pumped up the scientific community, particularly for those who work in the field of agriculture sciences

Why FATF removing Pakistan from 'grey list' has miffed India so much

FATF started out with 16 developed countries as members and added 12 by 1992. It has since expanded to the current list of 39 members

Growth of core sector output recovers to 3-month high in September

The Reserve Bank of India last month also revised its growth forecast for FY23 to 7 per cent from 7.2 per cent estimated earlier

Centre's fiscal deficit in H1 touches 37.3% of full-year target

The Centre is hopeful of keeping the fiscal deficit at 6.4 per cent of nominal GDP in FY23

Customs, excise mop-up likely to see Rs 1-trillion shortfall in FY23

Duty cuts on edible oil, petro products to blame; may not hit overall collection

India's inflation numbers may be lower than official data suggests: Report

India's inflation numbers might be better than official data suggests once the massive impact of a government food program is factored in, according to a report released Monday

RBI's central board discusses prevailing economic situation, challenges

The 598th meeting of the central board was held under the chairmanship of Governor Shaktikanta Das, the RBI said in a statement

'India will continue to be a lower cost economy for two more decades'

He advised the graduating students to keep continuing with their education, and build a lifelong network of friends and colleagues

Global employment growth to fall 'significantly' in Q4, says ILO

Says the recovery seen in early 2022 has already gone into reverse in the second and third quarters

Maharashtra bags around Rs 500-crore electronics cluster project

The anchor client IFB Refrigeration has already taken 40 acres of land parcel and started its construction with projected investment of Rs 450 crore, according to a background note of the ministry

Why India may have to rework Russian oil purchase if a price cap is imposed

India will have to follow a delicate balancing act if the West imposes a pricing limit on supplies from Moscow

EPFO relaxes withdrawal of accumulations norms for EPS-95 subscribers

A redemption policy for its investments in Exchange traded fund (ETF) units has also been approved

Railways extends round-trip freight discounts for six months, say officials

Sources in the ministry say policy not successful so far; extension period kept low as the board may soon have to decide whether to modify the policy further or discontinue it altogether

Nokia, Samsung, Tejas Networks among 42 firms approved for PLI scheme

The scheme is crucial to strengthen the value chain of multiple verticals of 5G equipment. For these, India mainly depends on imports

Yotta signs MoU with UP govt to invest Rs 39,000 cr in data centre park

First data centre already launched at a cost of Rs 1,500 cr; Yotta to spend Rs 39,000 cr on construction, IT equipment and hardware over next 5-7 years

On the cards: Expansionary Budget with optimistic tax revenue rise

Finance Minister Nirmala Sitharaman is expected to present the next Budget on February 1

October sugar production falls 14.73% to 405,000 tonnes: NFCSFL data

National Federation of Cooperative Sugar Factories Ltd (NFCSFL) has pegged sugar production at 36 million tonnes for the 2022-23 marketing season

Growth next year to be better than IMF projections, says CEA Nageswaran

Recently, the International Monetary Fund (IMF) projected 6.8 per cent real growth for this year and 6.1 per cent for next year for India

Retail inflation for industrial workers rises to 6.49% in Sept: Govt data

Among others, 8 centres recorded decrease between 0.1 and 0.9 points. Rest of six centres' index remained stationary

Core sector output sees rebound, grows by 7.9% in Sept against 5.4% YoY

In August, the core sectors' output growth stood at 4.1 per cent