Page 948 - Economy & Policy News
Housing Scheme 2021: DDA plans 'mini draw' of waitlisted applicants in Sept
The DDA on April 18 had conducted a draw of lots for the its Special Housing Scheme, 2021 for applicants
 "Housing Scheme 2021: DDA plans 'mini draw' of waitlisted applicants in Sept")
Indian Railways plans to revamp passenger reservation system: Report
The Passenger Reservation System (PRS) of the Indian Railways is all set to undergo a revamp, a move that can help weed out 'malafide users'
 "Indian Railways plans to revamp passenger reservation system: Report")
Volatile cotton prices, weak domestic demand hurt Gujarat's denim industry
Most MSMEs running at 60 per cent capacity as high input prices have also made exports costlier
 "Volatile cotton prices, weak domestic demand hurt Gujarat's denim industry")
Should India go for bond issue to tap NRIs, other overseas investors?
The crucial issue is what should be the interest rate to attract overseas investors, mainly Indians to take part in it
 "Should India go for bond issue to tap NRIs, other overseas investors?")
Should India regulate freebies?
PM Modi recently slammed the 'culture' of distributing freebies - triggering a nationwide debate around it. Parties riding to power on the promise of freebies are not new. We wade into this debate
 "Should India regulate freebies?")
Inflation: Things might get 'better' towards Sept-end, says SBI chairman
He said the supply side constraints getting addressed and crude oil prices trending low will help ease the situation
 "Inflation: Things might get 'better' towards Sept-end, says SBI chairman")
Centre appoints Rajkiran Rai as NaBFID managing director for nearly 5 years
FSIB had recommended Rai's name for the top job in July
 "Centre appoints Rajkiran Rai as NaBFID managing director for nearly 5 years")
Average housing prices rise 5% in April-June across 8 cities: Report
Revival in housing demand and rise in construction cost have led to a 5% average annual increase in residential property prices across 8 major cities during April-June quarter, according to a report
 "Average housing prices rise 5% in April-June across 8 cities: Report")
Recovery tracker: Flights soar, vehicle registrations near pre-Covid level
Power generation was lower than the previous week
 "Recovery tracker: Flights soar, vehicle registrations near pre-Covid level")
Huge opportunity for business in India's fintech space, says UKIBC
Negotiations for a trade deal between both nations started in January this year, and the deal is expected to be signed by Diwali
 "Huge opportunity for business in India's fintech space, says UKIBC")
India, Pak bonhomie at WTO blossoms despite fractious bilateral relations
Both countries have made two joint submissions at the WTO as co-sponsors in the past two months
 "India, Pak bonhomie at WTO blossoms despite fractious bilateral relations")
India's July WPI inflation eases to 13.93% as food, fuel prices decline
Wholesale Price Index-based (WPI) inflation was 15.18 per cent last month and at a record high of 16.63 per cent in May. It was 11.57 per cent in July 2021
 "India's July WPI inflation eases to 13.93% as food, fuel prices decline")
India buys discounted Venezuelan petroleum coke to replace coal: Report
India's growing appetite for Venezuela's petcoke - a byproduct from oil upgrading and an alternative to coal - is being driven by a scramble for inexpensive fuel to power industries
 "India buys discounted Venezuelan petroleum coke to replace coal: Report")
Taiwan makes 75% of all chips used for Indian mobile market: ICEA
Taiwan has a dominant position in manufacturing cutting-edge logic chips also
 "Taiwan makes 75% of all chips used for Indian mobile market: ICEA")
Coal stocks at thermal power stations to last 17 days: Senior official
CIL gives Rs 10 per tons of coal production towards pension to coal mine workers, and likewise, CIL gave approximately Rs 622 cr towards pension scheme out of total production of 622 mn tons last year
 "Coal stocks at thermal power stations to last 17 days: Senior official")
In a first, India buys discounted Venezuelan petcoke to replace coal
Indian companies are importing significant volumes of petroleum coke from Venezuela for the first time, trade sources and shipping data show, as the OPEC nation boosts exports
 "In a first, India buys discounted Venezuelan petcoke to replace coal")
India's fuel demand continues to fall in August as monsoon sets in
Diesel demand in India fell for the second month in a row as the onset of monsoon chipped away consumption in key sectors like agriculture, preliminary industry data showed Tuesday.
 "India's fuel demand continues to fall in August as monsoon sets in")
Indian Railways conducts test run of its longest freight train
The Railways conducted a test run of the 3.5-km-long freight train, Super Vasuki, with 295 loaded wagons carrying over 27,000 tonnes of coal between Korba in Chhattisgarh and Rajnandgao in Nagpur
 "Indian Railways conducts test run of its longest freight train")
Inflation: Things might get 'better' towards Sept-end, says SBI Chairman
State Bank of India's (SBI) Chairman Dinesh Khara on Tuesday said that things might get "better" on the inflation front towards the end of September.
 "Inflation: Things might get 'better' towards Sept-end, says SBI Chairman")
Top headlines: WPI inflation eases to 5-month low; Go Digit files for IPO
Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets its dairy products under the Amul brand, on Tuesday increased prices of its Gold, Taaza and Shakti milk brands by Rs 2 per litre.