Page 884 - Economy & Policy News
DCX Systems sets price band at Rs 197-207/share for its Rs 500 cr IPO
DCX Systems, a manufacturer of cables and wire harness assemblies, on Friday announced a price band of Rs 197 to Rs 207 per share for its Rs 500-crore initial public offering (IPO).
 "DCX Systems sets price band at Rs 197-207/share for its Rs 500 cr IPO")
Indian exporters hold off dollar sales eyeing better returns, hurting rupee
Indian exporters are holding back on dollar sales on hopes of a further slide in the rupee, eyeing a windfall as the local currency plumbs record lows this year
 "Indian exporters hold off dollar sales eyeing better returns, hurting rupee")
Economy lightens up on festive season demand as shoppers back in force
Online marketplaces Amazon.com Inc., and Walmart Inc.-owned Flipkart saw sales jump 27% from a year ago to $5.7 billion during the festival season's first sale between Sept. 22-30
 "Economy lightens up on festive season demand as shoppers back in force")
India, Saudi Arabia explore renewable energy projects via undersea cables
Saudi Energy Minister Prince Abdulaziz bin Salman, who will be visiting India on Friday, will discuss cross-country renewable energy projects
 "India, Saudi Arabia explore renewable energy projects via undersea cables")
Indian firms to double fundraising via public bond sales in H2 FY22: Report
Indian corporates are likely to raise double the amount of funds through the public issue of bonds in the second half of this fiscal than they did in the first
 "Indian firms to double fundraising via public bond sales in H2 FY22: Report")
Oil near flat as inflation concerns contend with China's quarantine ease
Oil prices were near flat on Friday, as market participants weighed concerns about steep inflation with optimism that China could see energy demand tick up
 "Oil near flat as inflation concerns contend with China's quarantine ease")
Rajnath backs indigenous tech capability to ensure reliability of supplies
Defence Minister Rajnath Singh said that the country "must have technological and production capability" if the "reliability of supplies" of defence items has to be maintained
 "Rajnath backs indigenous tech capability to ensure reliability of supplies")
Draft telecom Bill: Trai opposed to regulation of OTT platforms
Has communicated this to the telecom dept
 "Draft telecom Bill: Trai opposed to regulation of OTT platforms")
RBI intervenes to claw rupee back from fresh intraday low vs dollar
Central bank may have sold around $1 billion in Fx market on Thursday
 "RBI intervenes to claw rupee back from fresh intraday low vs dollar")
Milk scheme benefits more than 800,000 producers in Rajasthan: Official
More than Rs 600 crore was paid between February 2019 and March 2022 to milk producers associated with cooperative dairies
 "Milk scheme benefits more than 800,000 producers in Rajasthan: Official")
UP eyes bigger pie of millet exports, plans to expand jowar acreage
Some of the major millet crops grown in UP are jowar, bajra, kodo and sanwa
 "UP eyes bigger pie of millet exports, plans to expand jowar acreage")
Colleges to be set up under PPP model in Chhattisgarh's remote areas
According to officials, the state government will provide at least 10 acres on a 30-year lease at a concessional rate of 50 per cent
 "Colleges to be set up under PPP model in Chhattisgarh's remote areas")
India's top multiplex chains bank on festive season to bring cheer back
A slate of flop Bollywood movies have hit India's top cinemas hard, leaving the industry to bank heavily on the current festive quarter to revive its fortunes
 "India's top multiplex chains bank on festive season to bring cheer back")
Slow GST portal: CBIC mulls extending Sept returns filing due date
With taxpayers facing slow functioning of the GSTN portal, CBIC on Thursday said it is examining the proposal of extending the deadline for filing GST returns for September
 "Slow GST portal: CBIC mulls extending Sept returns filing due date")
We will have to wait and watch political developments in UK: Piyush Goyal
India's talks with the UK on the FTA is well on track, but New Delhi will have to "wait and watch" the ongoing political developments in Britain, commerce and industry minister Piyush Goyal said
 "We will have to wait and watch political developments in UK: Piyush Goyal")
Eyeing $5-bn exports, $22-bn turnover in defence sector by 2025: Rajnath
Terming exports as a pillar for long-term sustainability of the defence industry, Defence Minister Rajnath Singh said the government has set a target of achieving defence exports of 5 billion by 2025
MoUs worth Rs 1,53,000 crore signed at DefExpo 2022, says official
The 12th edition of Defence Expo was the best to date and heralded an era of empowerment for the Indian defence sector, said Union minister Rajnath Singh
 "MoUs worth Rs 1,53,000 crore signed at DefExpo 2022, says official")
India suffered income loss of $159 bn due to extreme heat in 2021: Report
Heat exposure in the country led to the loss of 167 billion potential labour hours, a 39 per cent increase from 19901999, said the Climate Transparency Report 2022
 "India suffered income loss of $159 bn due to extreme heat in 2021: Report")
Pulses, onion won't see price hike this year; have adequate stock: Govt
The all-India average retail price of onion has witnessed a significant decline of 28 per cent compared to last year
 "Pulses, onion won't see price hike this year; have adequate stock: Govt")
Fresh formal job creation falls below 1-million mark in August: EPFO
The unemployment rate shot up to 8.3 per cent, which was the highest, compared with the rates in the past 12 months
 "Fresh formal job creation falls below 1-million mark in August: EPFO")