Page 927 - Economy & Policy News

Lower Kharif sowing calls for deft management of foodgrain: FinMin report

The Kharif season contributes about 80 per cent of India's total rice production

India deepens strategic autonomy-bonds with SCO, IPEF and Russia

India is the only common member country to be a part of the SCO and the US-driven Indo Pacific Economic Framework (IPEF).

PM Modi airs 3-point initiative to boost SCO countries' collective rise

PM Modi cited start-ups, traditional medicine, and food security as domains where India can pioneer a collective initiative for the region.

Husk Power Systems to electrify 80 new communities in rural India

Husk Power Systems will electrify 80 additional communities in India with USD 6 million in new debt financing from the EDFI ElectriFI, read Husk Powering Possibilities press release

Need to reduce logistics cost in India to boost growth: Nitin Gadkari

Union Minister Nitin Gadkari has said there is need to reduce logistics costs in the country, which is higher than that of China, the US and European countries.

India 5th largest recipient of FDI in April-June quarter: Finance Ministry

India retained its status as an attractive destination among a set of developed and developing economies, as the 5th largest recipient of FDI in the April-June quarter, said Ministry of Finance.

India economic growth to be sustained by consumer spending rebound: Govt

It said an increase in private consumption and higher capacity utilisation rates had helped private-sector capital expenditure reach one of its highest levels in the last decade

Centre issues new rules to simplify, streamline Trade Certificate regime

In an endeavour to promote ease of doing business, the Union Ministry of Road Transport & Highways (MoRTH) has notified new rules to simplify and streamline the Trade Certificate regime

National Technical Textiles Mission: Centre clears 23 strategic projects

The Ministry of Textiles cleared 23 strategic research projects worth around Rs 60 crores in the areas of specialty fibres, sustainable textiles, geotextiles, mobiltech and sports textiles

Strengthening defence ties with Paris provide hope for submarine deal

For France, which is still reeling from Australia's cancellation of a $90-bn order for Shortfin Barracuda conventional submarines, India offers an irresistible strategic opportunity

Growth on strong footing, further tightening needed: RBI report

On the exchange rate, the report said the rupee was holding its poise, with adequate supplies of dollars

Govt permits invoicing, payment and settlement of trade in rupee

Accordingly, DGFT said, settlement of trade transactions in INR may also take place through special rupee vostro accounts opened by authorised dealer banks in India.

Jamshedpur to be reconnected by air under central govt's Udaan scheme

Jamshedpur is Jharkhand's industrial capital and it was necessary to have air facility in the era of globalization, Sarangi said

India, ASEAN endorse scope of review of trade pact: Commerce Ministry

Minister of State for Commerce and Industry Anupriya Patel along with Pan Sorasak, Minister of Commerce, Cambodia, co-chaired the meeting

UK trade deal, geopolitical risks: Tasks cut out for commerce secretary

After the UK deal, the next in line will be a deal with Canada that both nations aim to finalise by December

Keen to upgrade free-trade deal with India, says Sri Lanka President

The pact is aimed at further boosting the economic ties between the two countries by liberalising trade norms.

This era not of war, PM Narendra Modi tells Vladimir Putin at SCO meet

Russian prez says he understands India's position, concerns

Top housing projects going nowhere; litigation, funding major issues

Nearly 500,000 homes, worth Rs 4.48 trillion, were stuck in seven metro markets in the country as things stood at the end of May, according to Anarock Property Consultants

Govt slashes windfall profit tax on domestic crude oil, ATF, diesel export

The move follows moderation in the Indian basket of crude to $92.53/barrel on average in September compared with the August average of $97.4/barrel

CAD to come in at 9-year high in first quarter of FY23: Ind-Ra

Merchandise exports likely to slow down and come in at $104.2 bn in second quarter of the year