Page 221 - Economy

Swadeshi Jagran Manch ticks India's winning factors amid tariff war

The SJM is an economic think tank affiliated to the Rashtriya Swayamsevak Sangh

Jubilant Foodworks, Maruti Suzuki take the lead in PM Internship Scheme

Maximum interns who have joined the scheme are from Uttar Pradesh (1,234) followed by Assam (994), Bihar (715) and Madhya Pradesh (693)

Govt plans to increase Chabahar Port capacity 5x in next 10 years

The signed Chabahar agreement includes a clause on cargo targets, but no penalties will be imposed if such traffic is not achieved

Likely to put more global roles in India because of talent pool: Citigroup

Fraser also expressed confidence that India will remain the world's fastest-growing economy

Parliamentary committee slams 'amateur planning' in NITI Aayog budget

The committee strongly feels that there is a dire need for a more realistic assessment of the envisaged targets and expenditures thereon, the panel said

Parl panel calls for coordinated approach to reduce debt to GDP ratio

The Standing Committee urged the DEA to revisit the existing practice of allocating funds that are not directly related to the department - such as allocations for new schemes that are not finalised

India imports increase 11.3% to 265 million tonnes of coal in FY24

The FY24 import included 59 mt of coking coal and 205 mt of non-coking coal worth ₹1.33 trillion, Union Coal Minister G Kishan Reddy said on Wednesday

Outward remittances under Reserve Bank of India's LRS drop 8.6% in Apr-Jan

In the April-January period of FY25, the largest segment - international travel segment slipped marginally to $14.75 billion, from $14.95 billion in the year-ago period

Incentive scheme for low-value UPI transactions to boost ease of living: PM

The Union Cabinet headed by Modi on Wednesday approved an incentive scheme worth approximately Rs 1,500 crore to promote UPI transactions below Rs 2,000 for 2024-25

Remittances to India from advanced economies surpass Gulf inflows: RBI

Indian migrants in the Gulf Cooperation Council (GCC) countries account for around half of the total Indian migrants in the world

Rs 40k-crore Sagarmala 2.0 to provide support for shipbuilding, repair

A new startup innovation scheme launched to boost maritime entrepreneurship

India's structural strengths lay strong foundation for growth: RBI Bulletin

It also said that macroeconomic fundamentals remain strong, and economic growth is poised to sustain momentum driven by robust domestic demand, steady investment activity

Prioritise talks on core trade issues for faster FTA: Commerce secy

Long-drawn negotiations that take years often result in businesses losing interest in trade talks. However, focusing on core trade issues can help India navigate complex negotiations more efficiently

Govt approves revised Rashtriya Gokul Mission with Rs 3,400 cr allocation

The revised RGM has been approved for the 15th Finance Commission cycle, with increased funds for the financial years 2025 and 2026

Investment summit MoUs of Rs 2.25 trn in groundbreaking, implementation

The 'Rising Rajasthan' Global Investment Summit 2024, held in December last year, resulted in MoUs in different sectors worth around ₹35 trillion

Govt clears ₹1,500 cr scheme to boost low-value BHIM-UPI transactions

Under the scheme, incentives will be provided for UPI transactions up to ₹2,000, specifically benefitting small merchants

Fitch keeps India's FY26 GDP forecast at 6.5%, ups FY27 projection to 6.3%

The rating agency expects two further cuts in the policy rate this calendar year, revised downwards to 5.75 per cent by December 2025

Govt focusing on core issues in FTAs for early outcomes: Commerce secy

The secretary said that the core trade issues are tariffs, non-tariff barriers, SPS (sanitary and phyto-sanitary) barriers, and regulatory factors

India to explore green shipping and digital business with Singapore

India and Singapore are exploring the Green Digital Shipping Corridor that would link other international ports and marine industries

Why Trump 2.0 could play spoilsport for India's coddled billionaires

The sudden enthusiasm for the businesses of Trump's head of government efficiency has a clear message for India's billionaires: They're being cut loose