Page 906 - Economy & Policy News
Ready to talk with startups to address their concerns: Sitharaman
The government is ready to talk with the startups who are contemplating moving overseas and address their issues as much as it can to help them stay in India, Nirmala Sitharaman said
 "Ready to talk with startups to address their concerns: Sitharaman")
Energy rate, availability among short-term challenges for India: Sitharaman
Energy prices and availability are among the biggest problems facing the Indian economy in the near future, Finance Minister Nirmala Sitharaman said
 "Energy rate, availability among short-term challenges for India: Sitharaman")
Sitharaman says India's growth rate to be around 7% this financial year
Amidst reports of a global recession and downgrading of growth rates of almost all major economies, FM Nirmala Sitharaman forecast the country's growth rate to be around 7 per cent this financial year
 "Sitharaman says India's growth rate to be around 7% this financial year")
Vietnam giving India a run for its money in the China Plus-One game
The smaller nation is scoring high in attracting global corporations and their suppliers
 "Vietnam giving India a run for its money in the China Plus-One game")
PM Gati Shakti: 197 critical infra gap projects identified in last one year
An inter-ministerial panel comprising senior government officials from key infrastructure ministries have given crucial recommendations to improve logistics efficiency among these projects
 "PM Gati Shakti: 197 critical infra gap projects identified in last one year")
October rains 80% more than normal over the country; North India leads
Paddy, maize, sugarcane, potato crop impacted; showers to recede now
 "October rains 80% more than normal over the country; North India leads")
Fast-track mechanism on the cards to help Indian investors in UAE
The mechanism will also assist Indian companies to foray into the UAE market and expand
 "Fast-track mechanism on the cards to help Indian investors in UAE")
Govt offers 42 hydrocarbon blocks for exploration and development
As many as 26 mainly offshore oil and gas blocks and 16 coal bed methane blocks have been notified for international bidding as India aims to quickly increase the area under exploration
 "Govt offers 42 hydrocarbon blocks for exploration and development")
IMF cuts India's FY23 GDP forecast to 6.8%, flags global inflation crisis
Slashes it by 60 bps; says worst yet to come for world
 "IMF cuts India's FY23 GDP forecast to 6.8%, flags global inflation crisis")
Current account imbalance hits India harder than EM peers, shows data
India's current account deficit is projected at 3.5 per cent for 2022, says IMF World Economic Outlook report
 "Current account imbalance hits India harder than EM peers, shows data")
Results preview: Order-book booster to stay for capital goods firms
Key monitorables include tender pipeline and emerging supply-chain scenario, say analysts and players
 "Results preview: Order-book booster to stay for capital goods firms")
Gujarat's Modhera village basks in the sun, awaits solar power benefits
Residents of India's first solar-powered village hope for reduced bills, iconic Sun Temple gets light show boost
 "Gujarat's Modhera village basks in the sun, awaits solar power benefits")
Rs 13.5-trn annual investment needed for full employment in India: Study
The government needs to enact a 'Right to Work' legislation and invest at least 5 per cent of GDP, that is Rs 13.52 lakh crore, per year to ensure full employment in the country, as per a study
 "Rs 13.5-trn annual investment needed for full employment in India: Study")
India offers 26 oil and gas blocks in latest mega offshore round
India is offering 26 blocks or areas for finding and producing oil and gas in a mega offshore bid round, upstream regulator DGH said on Tuesday
 "India offers 26 oil and gas blocks in latest mega offshore round")
Firms to not pay GST on part recovery of canteen payment from staff: AAR
Gujarat authority gives ruling in a matter involving Zydus Lifesciences; experts say greater clarity needed
 "Firms to not pay GST on part recovery of canteen payment from staff: AAR")
5G roll out in India likely to create 45,000 jobs in next 2 quarters
The mere anticipation of the roll out has already resulted in 80,000 5G related hiring in the current calendar year.
 "5G roll out in India likely to create 45,000 jobs in next 2 quarters")
UNGA: India votes with West on 3 procedural matters, silent on Ukraine
While External Affairs Minister was quiet on India's vote on the upcoming resolution in UNGA condemning Russia's annexation of parts of Ukraine, India has voted with the West on 3 procedural matters
 "UNGA: India votes with West on 3 procedural matters, silent on Ukraine")
AP govt to raise taxes on vehicles to collect Rs 200 cr additional revenue
The Andhra Pradesh government is all set to enhance the quarterly tax on transport vehicles to raise an additional revenue of Rs 200 crore
 "AP govt to raise taxes on vehicles to collect Rs 200 cr additional revenue")
Government weighs cancelling reverse auction for renewable power offers
According to data from the ministry of power, India has installed wind and solar capacities of 41.205 GW and 59.303 GW, respectively
 "Government weighs cancelling reverse auction for renewable power offers")
Railways plans to set up EV charging points at major stations in 3 years
Over the next three years, the Indian Railways will install EV charging points at all major stations across the country under a new policy
 "Railways plans to set up EV charging points at major stations in 3 years")