Page 935 - Economy & Policy News

Services PMI accelerates in Aug; job creation strongest in 14 years

Rebound due to gains in new business, improvements in demand, and overtime work: Survey

GoM for different GST on sports betting, casinos and horse racing

Group of ministers to seek legal opinion for the move

In meeting on Russia's Far East, India to focus on expanding oil footprint

PM Modi to address by video four-day meeting of Eastern Economic Forum in Vladivostok

Sheikh Hasina likely to seek India's economic support during 4-day visit

Bangladesh's growth story runs into global economic instability, expensive fuel and slowdown in textile orders

Chhattisgarh's first ethanol plant to come up in Kabirdham district

The establishment of an ethanol plant will generate direct and indirect employment opportunities in the region and boost economic prosperity in the region.

RBI is anchoring expectations on rupee weakness, says Shaktikanta Das

He expects inflation to fall within tolerance band by January-March

UP govt to formulate township policy before global investor summit

The proposed policy is likely to be ready by month-end to ensure its implementation before the mega UP global investor summit in January 2023.

India's coal output remains below estimate at 58 MT in August: Govt data

The total despatch of coal also increased by 5.41 per cent to 63.43 MT in August over 60.18 MT in the year-ago month

India's external debt rises 8.2% to $620.7 bn till Mar 2022: FinMin report

While 53.2% of the debt was denominated in the US dollar, Indian rupee-denominated debt, estimated at 31.2%t, was the second largest, as per the status report released by FinMin

Rajasthan govt plans to upgrade facilities in hotels owned by RTDC

Recently, chief minister Ashok Gehlot approved Rs 10 crore for the renovation of six hotels of RTDC

Windfall tax on petroleum products, crude not ad hoc: FM Sitharaman

FM said it is unfair to call windfall tax as ad hoc, because the tax rate and its resetting are done in complete consultations with the industry

Indian railways earn Rs 844 cr in 3 months from e-auction of assets

The single-highest grosser on the e-auction platform so far has been the Bengaluru division, which has earned Rs 34.52 crore for the auction of a contract for leasing parcel vans

Chennai factory aims to build 75 Vande Bharat trains in a year: Official

Chennai's Integral Coach Factory sets up target as govt aims to have 475 new such trains by 2024-25

Recovery tracker: Workplace visits at record high; air traffic declines

There were around 314,000 air passengers as of Sunday, September 4, based on a rolling seven-day average. It was around 331,000 as of Sunday, August 28

Andhra govt spent Rs 53,000 cr on education in three years, says CM

He also stated that teachers have a prominent role to play in shaping the future of the students in this competitive world which is dynamic in nature

Railways records best ever August freight loading of 119.32 MT this month

Indian Railways on Monday claimed to have recorded the best ever August Monthly freight loading of 119.32 MT in the month

Temp staff hiring to rise as consumers return to stores in festive season

During the festive season, more than 500,000 short-term jobs are expected to be created

As India makes headway in exports to the US, can it be the next China?

Sea-borne shipments of festival goods and accessories to America touched $20 million last month, almost triple the value from the year-ago period

EPFO calls for increasing retirement age to ease pressure on pension funds

The EPFO has almost 60 million subscribers and it has a cumulative pension and provident fund corpus of more than Rs 12 trillion

Railways' freight revenue up 19% in Aug, earns Rs 66,658 cr during FY23

Coal freight revenue rose 42 per cent despite rains, floods during August