Page 162 - Economy

ELI scheme to boost job creation, social security, says official

Regional PF Commissioner-I Randhir Kumar said that the scheme is aimed at incentivising creation of 35 million jobs over a period of two years, that it will be effective from August 1, 2025

India's ambitious energy stack takes shape, but faces legacy hurdles

The core of the India Energy Stack is to make energy pay for itself by a constant exchange of data between governments, the private sector, and consumers, but chronic problems of bad pricing remain

UP govt to plant more than 125 million saplings under MGNREGA scheme

The highest 4.2 million saplings would be planted in Lakhimpur Kheri, followed by Sonbhadra and Hardoi

DBT of central, state aid in agriculture still riddled with challenges

What remains the Holy Grail of DBT is the direct transfer of input subsidies into the bank accounts of farmers, and within it, the transfer of fertiliser subsidies

India aims to import about 10% of its LPG from US starting 2026: Report

India had rarely bought U.S. LPG in the past due to higher freight costs, but state retailers began buying U.S. LPG in May after China imposed retaliatory import tariffs on U.S. propane

Cost of veg and non-veg thali drops in June as vegetable prices ease

Despite the yearly decline, the cost of both vegetarian and non-veg thalis rose on a monthly basis in June, due to a rise in tomato prices, according to Crisil's Roti Rice Rate report

US close to deal with India, says Trump as he announces new tariff rates

Donald Trump unveils tariffs on 14 countries effective August 1; says US is nearing a trade agreement with India as part of broader reciprocal duties

85% Northeastern districts are top SDG performers, says NITI Aayog

Hnahthial in Mizoram topped the region, followed by Champhal in the same state

No country should use critical minerals as a weapon: PM Modi at Brics

PM Modi urges BRICS nations to ensure no misuse of critical minerals and highlights AI concerns. India to host the AI Impact Summit next year and the 18th BRICS Summit in 2026

Trade with India should reach $20 bn: Vietnam envoy Nguyen Thanh Hai

Ambassador Nguyen Thanh Hai says India-Vietnam trade has strong growth potential, urges deeper cooperation and highlights VinFast's $2 bn investment in Tamil Nadu

June e-way bills 2.6% lower than May, indicating possible GST moderation

Intra-state e-way bills stood at 78.85 million in June, while inter-state e-way bills were at 40.60 million during the month

Electronics push: Centre gets ₹8,000 cr proposals for components scheme

The scheme, which will run for six years starting from this financial year, started accepting applications for three months starting May 1

RRBs' IT integration likely to be completed by Sep 15: Nabard chairman

The amalgamation of RRBs on the principles of 'One State One RRB' became effective from May 1. This was aimed at improving scale efficiency and cost rationalisation

MP ready to change policies to attract industry, says CM Mohan Yadav

Madhya Pradesh CM Mohan Yadav told Punjab industrialists the state will amend rules where needed, citing textile sector potential and 2025 policy incentives

India's fuel demand declines 4.7% to 20.31 MMT in June, shows govt data

India is the world's third-largest consumer and importer of oil. The data is a proxy for the country's oil demand

Sebi to upgrade surveillance against derivatives manipulation: Chairman

Sebi chief Tuhin Kanta Pandey said the regulator is boosting its oversight days after banning US-based Jane Street for manipulating the Nifty Bank index

Mukesh Ambani bets big on US ethane amid shifting global trade dynamics

Mukesh Ambani's Reliance ramps up US ethane imports as India shifts from naphtha-based production, reshaping petrochemical supply chains amid evolving global trade and energy dynamics

Urban consumption not growing as anticipated: CII President Rajiv Memani

Memani talked about issues ranging from India-US FTA to India's complex relationship with China and the labour code implementation

High equality ranking for India masks deeper gaps, say economists

According to the World Bank, India's Gini Index stands at 25.5, making it the fourth most equal country in the world, after the Slovak Republic, Slovenia and Belarus

US close to several trade deals, announcements expected in days: Bessent

"I hear good things about the talks with Europe. I hear good things about the talks with India," Stephen Miran, chairman of the White House Council of Economic Advisers said