Page 878 - Economy & Policy News

India to contribute $500,000 for UN Trust Fund for Counter-Terrorism

Jaishankar said that India will contribute USD 500,000 to the United Nations Trust Fund for Counter Terrorism this year to aid capacity-building support to member states in combating terrorism

Govt to start with one or two GACs, to present structure, working soon

Several big tech companies had expressed reservations over the GACs, which can overturn the decisions taken by grievance officers of social media companies

Centre extends ban on sugar exports; opens door for shipments under quotas

India's sugar production in 2022-23 season is estimated to be around 41 mn tonnes without accounting for 4.5 mn tonnes diverted towards making ethanol

Amendment of guidelines aimed at protection of online users: IT minister

IT Minister Ashwini Vaishnaw on Friday said the latest amendment of intermediary guidelines is focused on protection of online users

Meghalaya inks MoU with Credit Guarantee Fund Trust for MSME borrowers

The Meghalaya government on Friday signed an MoU with the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGFTMSE) to help facilitate flow of credit to MSME borrowers

Govt likely to surpass FY23 tax collection goal by over $24 billion

India's union budget, due to be presented in February, will outline the federal spending plan for the coming fiscal year

DoT may mandate local purchase of high-quality telecom equipment

Focus on high-quality products, indigenous manufacturers told

Govt has its way on social media grievance redress; GACs to be formed

This comes with MeitY notifying on Friday the IT (Intermediary Guidelines and Digital Media Ethics Code) Amendment Rules, 2022, after five months of deliberations

India flags key agri-sector issues, rice export in meet with UAE minister

S Vikramjit Singh, MP, Chair, India-Arab Council, and Member of the India-UAE Joint Task Force, met Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade of UAE

High inflation a result of exogenous price shocks, says MPC member

The RBI has so far hiked the short-term lending rate by 190 basis points, taking the rate to a nearly three-year high of 5.9%

RBI steps up fund infusion as system liquidity 'almost neutral'

Rates on CPs, CDs surge; pressure mounts on banks to raise deposits

Sowing hope: Nearly 54% jump in early wheat planting, shows data

However, this year, traders and market sources are hopeful that there could be a 10-15 per cent rise in wheat acreage

CBIC seeks details on digital assets from India's top crypto bourses

Crypto exchanges have been asked to furnish details this month itself

Centre to enhance sale of SHG products on e-commerce portals: Minister

The Centre launched an e-commerce portal for marketing products made by women of self-help groups, and said efforts were underway to have at least 25 per cent of all sales by them through online

India's Sept crude oil imports fall 6.7% to 16 mn tonnes; 5.8% YoY decline

Oil product imports came in lower for a second straight month, falling about 4% from a month earlier to 3.48 million tonnes in September, while exports dropped 4.8%

Nitin Gadkari wants retail investors to pip institutions in NHAI InvIT

Next InvIT issuance will have higher reservation for retail investors, says MoRTH Secretary Upadhyaya

Dedicated freight corridor gives boost to shift from roads to rail: Report

A dedicated freight corridor has given a boost to the modal (freight movement) shift from road to rail even as a host of factors, including the absence of a sector regulator, impeding this shift

Hope UK e-visa issue will be resolved under PM Sunak: Goa tourism minister

Goa Minister Rohan Khaunte expressed hope the new government of Prime Minister Rishi Sunak in the United Kingdom will restore the e-visa facility, the absence of which has severely affected tourism

Trade unions urge Centre to scrap four labour codes, convene conference

Write to labour minister Bhupender Yadav stating that the codes curtail the rights and protective provisions contained in existing statutes, impose more derogatory working conditions on workers

Foreign trade vital in making India a $30 trillion economy: Piyush Goyal

Goyal said foreign trade was going to truly help in achieving the USD 30 trillion ambitious target