Page 334 - Economy

EVs get Rs 14k crore double shot: Boost for ambulances, buses, trucks

Rs 3,435 crore PSM gets nod; will support deployment of more than 38,000 e-Buses

Housing, road, railways lead capex spend in Apr-July period, shows data

Transfers to states for capex also slowed to 12 per cent of the budget estimate for the same period, compared to 24 per cent in the corresponding period last year

25,000 villages to get telecom connection in 2025: Minister Scindia

20,000 towers being put up and Rs 45,000 crore committed for the purpose, he says

Should build manufacturing economy greener than China's: Tata Steel CEO

While addressing a panel discussion at AIMA Convention here, Narendran stressed the need to make the transition to a green manufacturing economy at a fast pace, else India would lose market share

Cabinet meet: Widened net for Ayushman Bharat, renewed EV subsidy, more

Cabinet clears Rs 5 lakh health cover under Ayushman Bharat for those 70 years and above

Indian economy has finally taken off, says veteran banker Deepak Parekh

US manufacturing, infra cos should invest more, says veteran banker

Centre brings elders over 70 years under ambit of Ayushman Bharat scheme

The scheme provides cashless and paperless benefit cover of Rs 5 lakh per annum per family on a floater basis in empanelled hospitals across India

Cabinet okays fourth phase of rural roads scheme with outlay of Rs 70k cr

62,500 km of new roads to be built to connect 25,000 habitations over the next 5 years from FY25

Trade Connect e-Platform aims to raise India's exports market share: Goyal

The minister said the newer version of the platform will incorporate Hindi and other official languages of India

Capex conundrum: Did election-related curbs slow economy in first quarter?

Several renowned experts and agencies, including the Reserve Bank of India (RBI), have blamed the MCC for the 6.7 per cent growth in the first quarter - a five-quarter low

India's bid to match rival China's factory heft gets a reality check

Indian Chief Economic Adviser V. Anantha Nageswaran said it was inevitable India would need to plug itself into China's supply chains.

Tamil Nadu CM MK Stalin holds talks with Ford Motor to renew partnership

Tamil Nadu CM MK Stalin discussed reviving Ford's partnership with the state to produce vehicles for exports. Ford Motor exited India in 2021 after failing to turn profitable amid stiff competition

Unified Lending Interface likely to move from Mint Road's hub to new entity

Commercial banks to be stakeholders in NPCI-like body

Corporate bond issuances fall 22% in August as firms await Fed rate cut

Issuers hold back, eyeing lower borrowing costs after Fed cut

Opec vs IEA: Diverging oil demand forecasts signal an uncertain future

The difference between the forecasts of Opec and IEA, amounting to 0.93 million bpd, underscores the widening divide between these key institutions

India backs Rules of Origin in auto sector under India, UK trade pact

'Rules of Origin' provision prescribes minimal processing that should happen in the FTA country, UK in this case, so that the final manufactured product may be called originating goods in that country

India remains committed to reducing budget deficit over medium term: Fitch

In a report, it said India has achieved or outperformed its budget deficit targets in the last few years, thereby improving its fiscal credibility

Circularity of critical minerals for India's clean energy transition

The clean energy sector offers significant opportunities for the Indian economy

India's first transshipment port Vizhinjam nears operational launch

The Vizhinjam port will also be the first mega port to come up since 1999 when Mundra began operations

Inflation likely held steady at five-year low of 3.5% in August: Poll

Although food prices, which make up nearly half the inflation basket, have eased significantly in the last two months, erratic monsoon rains across India could harm crop yields