Page 886 - Economy & Policy News

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

India pushing for valuation of $7.7 billion for state-owned IDBI Bank

India is pushing for a valuation of around 640 billion rupees ($7.7 billion) for state-owned IDBI Bank Ltd. in what could be the biggest sale of the government's stake in a lender in decades

Centre extends deadline for filing GST returns for Sep till Oct 21

The government has extended the deadline for filing GST returns for the month of September by a day to October 21, the CBIC said on Friday.

Punjab govt decides to restore old pension scheme for its employees

The Punjab government on Friday took an in-principle decision to restore the old pension scheme for its employees

Centre simplifies nearly 500 rules; earns over Rs 250 cr in scrap disposal

Centre has simplified nearly 500 rules and processes to ensure "ease of living" besides earning a revenue of more than Rs 250 crore from disposal of scrap under the ongoing special Swachhta campaign

India rice export curbs to end a decade of price stability: Report

India's recent curbs on rice exports could trigger a rally in global prices after more than a decade of stability, traders said, as New Delhi's protectionist move coincides with falling output

Global IT hardware industry players urge govt to postpone PLI 2.0 scheme

The IT industry has asked the govt to defer the implementation of the revised production liked incentive scheme, PLI 2.0

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).

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

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

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

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

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

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