Page 923 - Economy & Policy News
Will not hesitate to take any measure for transparent recruitment: Assam CM
Sarma was speaking at an appointment letter distribution ceremony for 11,236 posts in 24 government departments here.
 "Will not hesitate to take any measure for transparent recruitment: Assam CM")
Mumbai-Ahmedabad bullet train: NHSRCL floats tender for underground tunnel
The work on the corridor has gained momentum after the change in government in Maharashtra, with tenders, which were previously floated and withdrawn, being renewed again, sources said.
 "Mumbai-Ahmedabad bullet train: NHSRCL floats tender for underground tunnel")
ESIC-run social security scheme adds 1.57 million new members in July
It showed that the gross new enrolments with Employees' State Insurance Corporation (ESIC) rose to 1.49 crore in 2021-22, from 1.15 crore in 2020-21.
 "ESIC-run social security scheme adds 1.57 million new members in July")
CBIC offers clarity on classification of cranes for GST, customs duty
Experts say this would reduce litigation in courts, as different classes of cranes attract different tax rates
 "CBIC offers clarity on classification of cranes for GST, customs duty")
Kharif sowing nears to end; paddy acreage down by 5.51%: Agri Ministry
Paddy coverage has been affected due to deficit rainfall. The ministry in its first advance estimate has projected 6 per cent fall in kharif rice production at 104.99 million tonnes.
 "Kharif sowing nears to end; paddy acreage down by 5.51%: Agri Ministry")
Spectrum allocation and OTT services: Draft Telecom Bill makes key changes
Spectrum for satellite broadband services is not in the Bill's list and it would likely be auctioned
 "Spectrum allocation and OTT services: Draft Telecom Bill makes key changes")
Citigroup sets India as high priority market amid rising China risks
The nation saw a record $82 billion in merger and acquisition deals in the second quarter, defying a slump elsewhere
 "Citigroup sets India as high priority market amid rising China risks")
Top headlines: IPO disclosure norms, moonlighting, telecom bill, and more
From the provisions in the new telecom bill to Sebi coming up with disclosure norms for IPOs of new-age companies, here are the top headlines on Friday
 "Top headlines: IPO disclosure norms, moonlighting, telecom bill, and more")
Govt making efforts to keep inflation under 4%: Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman said the government was making efforts to keep inflation under 4 per cent and steps were being taken to ensure people get essential goods at fair price
 "Govt making efforts to keep inflation under 4%: Nirmala Sitharaman")
How disruptive will the draft telecommunication bill be?
The draft Indian Telecommunications 2022 bill, which seeks to address problems in the telecom sector, may have far reaching effects on OTT services, spectrum allocations and other fields. Find out how
 "How disruptive will the draft telecommunication bill be?")
Indonesia may strive to corner 60% of India's palm oil markets: Official
Global palm Oil prices seen stabilizing around $1000-$1100 per tonne due to low pdtn
 "Indonesia may strive to corner 60% of India's palm oil markets: Official")
Skill India partners with Samsung to upskill youth in future technologies
There is no deficit of talent in New India but a rise in demand for Skilled Indians globally, says Chandrasekhar
 "Skill India partners with Samsung to upskill youth in future technologies")
India, US 10-year yield spread at its lowest in 12 years, shows data
The current spread is nearly 142 bps lower than the 10-year average spread of 518 bps, and 66 bps lower than the 20-year average spread of 442.3 bps
 "India, US 10-year yield spread at its lowest in 12 years, shows data")
New Telecom Bill provides road map for innovation: Ashwini Vaishnaw
"It's a matter of a few days only when the bill will be uploaded for consultation," he said
 "New Telecom Bill provides road map for innovation: Ashwini Vaishnaw")
Inclusion of OTT platforms in Telecom Bill maybe a risk to digital economy
The Department of Telecommunications (DoT) released the draft Indian Telecommunication Bill, 2022, late on Wednesday
 "Inclusion of OTT platforms in Telecom Bill maybe a risk to digital economy")
Govt investing $30 bn in creating 4G, 5G infra in rural India: IT Minister
IT Minister Ashwini Vaishnaw on Thursday said the government is investing nearly $30 billion to ensure last-mile network accessibility for 4G and 5G in every village across the country
 "Govt investing $30 bn in creating 4G, 5G infra in rural India: IT Minister")
Rs 58.5K cr of taxes lost in 5 industries due to illicit trade: FICCI study
Says 1.5 mn jobs lost because of such trade; FMCG sector worst affected
 "Rs 58.5K cr of taxes lost in 5 industries due to illicit trade: FICCI study")
Depreciating rupee not likely to cause fiscal slippage, say experts
Petroleum, fertiliser imports to become expensive, subsidy bill set to rise
 "Depreciating rupee not likely to cause fiscal slippage, say experts")
Surge in import cost may negate positive impact of rupee fall: Experts
According to an analysis done by FIEO, the rupee has depreciated by 8.1 per cent till September 7, 2022 since the same point last year
 "Surge in import cost may negate positive impact of rupee fall: Experts")
India set to skip buying Russia's ESPO crude in Sept as freight costs jump
India, which rarely used to buy Russian oil, has emerged as Moscow's second biggest oil customer after China since Moscow's invasion of Ukraine in late February
 "India set to skip buying Russia's ESPO crude in Sept as freight costs jump")