Page 882 - Economy & Policy News

Weak global growth, high inflation may impact energy demand, says RIL

Company sees oil demand averaging 99.6 million barrels a day, up 1.9 per cent versus a year ago....

Regulators' forum critical of Centre's overreach in Electricity Bill, 2022

Proposed amendments are diluting the basic premise of the Electricity Act, it says

Statsguru: Six charts show the rise in MSP for rabi marketing season

The government's decisions on MSP are often said to be driven also with an eye on food inflation

Heads of Missions meet to discuss strategies to put states on global map

While the envoys said they were energised by their state visits, there were some glaring gaps. Maharashtra, Karnataka, and Tamil Nadu were significant omissions

384 infrastructural projects show cost overruns of Rs 4.52 trillion

As many as 384 infrastructure projects, each entailing an investment of Rs 150 crore or more, have been hit by cost overruns of more than Rs 4.52 trillion, as per a report

Cashew exports plunge deeper to 38% in September at $22.71 million

Contracting for the last eleven months, the country's cashew exports contracted by 38% to $22.71 million in September succumbing to intense competition in the international markets

Bond market sees no end to worst turbulence since credit crash of 2007

The world's largest bond market is being whipsawed by its longest stretch of sustained volatility since the onset of the financial crisis in 2007

Parliament to revoke over 1,500 obsolete laws in the coming session: Rijiju

Union Law Minister Kiren Rijiju said PM wants lesser government role in people's lives and the Centre will repeal more than 1500 obsolete and archaic laws during the winter session of Parliament

Economic recovery strong, but inflation fears persist: Finance ministry

The monthly economic report stated that rupee depreciated by 5.4% against the dollar in the first six months of FY23, less than the depreciation of 8.9% of six major currencies in the DXY Index

Fiscal, monetary authorities should be watchful amid global gloom: Finmin

"Inflation trajectory remains dependent on geopolitical developments," the report stated, adding risks to inflation were amplified by an appreciating U.S. dollar," the ministry said

India a leader in skills expansion of national curriculum, new study finds

India is a leader when it comes to expanding its national curriculum for education to include a broader range of new skills for young people, a new study of 20 countries around the world has found

Dhanteras begins on positive note; jewellers expect footfalls to increase

Dhanteras got off to an auspicious start on Saturday as consumers began trickling in to markets, with jewellers expecting the momentum to increase towards the evening

Delhi, Bengal consume most sweets in India; Rajasthan top consumer of papad

In 2021, the sweet market in India stood at Rs 58,900 crore

Rajasthan revises wage of contractual workers, gram panchayat assistants

The Rajasthan government has revised the pay scale of more than 31,000 contractual workers, gram panchayat assistants, education workers and para teachers, Education Minister B D Kalla said

Expect record deliveries of cars, two-wheelers on Dhanteras: FADA

Rebounding after two pandemic-hit years, automobile dealers expect a bumper sale of two- and four-wheelers during the auspicious Dhanteras this year

After a 9-year gap, India-EU free trade negotiations to see new dawn

As India-EU marks 60 years of bilateral relations the new free trade agreement negotiations can deliver what proved to be impossible 9 years ago, said European Parliament member Kathleen Van Brempt

GST Council likely to meet in Dec, may take up report on e-game tax

The Council meeting was expected to be held in August in Madurai

RBI received good response from countries for rupee trade: T Rabi Sankar

Internationalisation of rupee reduces need for FX reserves

Diwali 2022: Dhanteras likely to see bumper demand for jewellery

Industry captains expect a 15-20% increase in demand over last year's high base

Sugarcane production in India shifting from South to North: NSO report

Although Maharashtra is the leading sugar producer in the country, Uttar Pradesh has the highest sugarcane output value in the country