Page 239 - Economy

National committee to promote natural farming to be formed: Chouhan

Through this committee, farmers will be made aware of adopting natural farming practices and be given necessary training, he said

Trump to soon impose reciprocal tariffs on India, China; reiterates stance

Hours before his bilateral meeting with Modi, Trump announced that the US will impose reciprocal tariffs on trading partners

Investment proposals worth Rs 40k cr received in 3-and-half yrs: Assam CM

He was speaking at the inauguration of a new bottling plant of Reliance Consumer Products Ltd's (RCPL) Campa Cola range here

Former RBI guv Shaktikanta Das appointed as 2nd principal secretary to PM

The appointment will be co-terminus with the term of the Prime Minister or until further orders, whichever is earlier, according to the appointment committee of the cabinet

Former RBI Guv Shaktikanta Das appointed Principal Secretary-2 to the PM

Former RBI Governor Shaktikanta Das has been appointed as Principal Secretary-2 to Prime Minister Narendra Modi. His tenure will be co-terminus with the prime minister's term or until further orders

Tesla's hunt for a factory site in India takes it to Andhra Pradesh

State has likely offered pre-acquired land at three potential locations

Urban youth unemployment rate up in 4 states and 2 UTs: PLFS data

On the other hand, the unemployment rate among urban youth declined in five major states. These are Gujarat, Maharashtra, Uttar Pradesh, Chhattisgarh and Kerala

India should propose 'zero for zero' tariff strategy to US, says GTRI

Says negotiating a trade agreement could be trickier and force India to make 'difficult concessions'

RBI to conduct $10 billion buy/sell swap to infuse durable liquidity

The RBI has injected over Rs. 3.6 trillion of durable liquidity into the banking system so far through a combination of OMO purchases, FX swaps, and longer-duration variable rate repo auctions

Govt to cap EV charging investment for tariff relief as Tesla's entry looms

India last year announced a policy aimed at attracting Tesla to manufacture EVs in the country and let such foreign carmakers import cars at a 15% tariff

NCS portal registered 4 million employers: Labour secretary Dawra

NCS is a mission mode project under Ministry of Labour and Employment that provides a host of career-related services

Repo rate one of many factors to revive growth: MPC Member Nagesh Kumar

In particular, there was a concern about the weaknesses of the manufacturing sector, which is important for job creation due to subdued urban consumption & slow growth of private investments, he said

India ready to meet 270 GW of peak power demand during summer: Power secy

In 2024, the country was able to meet the peak power demand of 250 GW during summer against the projected demand of 260 GW

Efforts on to balance India-Japan trade by boosting exports: Piyush Goyal

In 2023-24, the country's export to Japan was $5.15 billion and imports were $17.7 billion. The trade gap was $12.55 billion

Govt must cut tariffs to progress, says Niti Aayog CEO BVR Subrahmanyam

Subrahmanyam pointed that Indonesia, Vietnam, Turkey and others have been beneficiaries of 'China plus one' strategy of global companies

MPC minutes: Rate cut appropriate monetary policy response, opined RBI Guv

Malhotra, along with five other members of the Monetary Policy Committee (MPC) had voted for a 25 basis points reduction in the short-term lending rate (repo) to 6.25 per cent

India's forex reserves fall to $635.72 billion, snapping 3-week rise

Changes in foreign currency assets are caused by the central bank's intervention in the forex market as well as the appreciation or depreciation of foreign assets held in the reserves

Govt mulls bailout for power utilities to retain stability amid high demand

This would be the first time since 2021 that the federal government has injected money to state power utilities, which cost the government $35 billion then

India must push 'zero for zero' strategy to address US tariffs threat: GTRI

GTRI suggested the government identify tariff lines (or product categories) where India can eliminate import duties for American imports

India's Feb biz growth hits 6-month high, driven by services: Flash PMI

Services sector's index climbed to 61.1 in February, its highest level since March of the previous year, compared to 56.5 in January