Page 390 - Economy

World Bank working paper advocates increased devolution for Panchayats

Empowering ward members (WMs) within village councils, who currently lack financial resources and act merely as rubber stamps, is another recommendation

Rising India food costs likely snapped inflation downturn in May: Report

The Reuters poll of 50 economists conducted June 5-10 predicted consumer price inflation (CPI) is expected to have picked up to 4.89 per cent last month from April's 4.83 per cent.

Modi-led NDA govt must tackle unemployment: NITI Aayog's ex-VC Rajiv Kumar

Former NITI Aayog Vice Chairman Rajiv Kumar also emphasised that the government now must finalise the four labour codes as it has been delayed beyond expectations.

Global ambition takes wing, but challenges ahead for new aviation minister

The new minister must navigate conflicting demands while considering potential geopolitical ramifications

Implementing labour reforms may prove tricky for new coalition govt

While the four labour codes have already been passed by the Parliament, implementing them could prove tricky for the new coalition government led by prime minister Narendra Modi

Modi 3.0: Continued capex push for infra, bullet train among priorities

The new railway minister will oversee the execution of several important initiatives in the Centre's 100-day agenda planned before the elections

Energy ministries: Delicate balance between energy security, rising demand

Rising energy demand could tilt India's energy basket towards fossil fuels from coal to oil, natural gas.

Commerce Ministry's focus likely on signing FTAs, reviving exports

The new government is likely to complete the unfinished agenda, particularly related to signing of the free trade agreement (FTA) with Oman

A full Budget, implementing pending reforms to keep finance minister busy

While the ministry has started work on the Budget, it is expected to begin industry consultations

New government unlikely to tweak trade policy

The Prime Minister is quite capable of managing such an outcome through negotiations and persuasion

Share of conveyance spending witnesses sharpest increase: HCES data

Transportation costs have also gone up and people are on the move for all sorts of reasons

Consumption inequality up in rural areas of 11 states in past decade: HCES

The rise in Gini coefficient was sharpest in Nagaland, followed by Jharkhand, Maharashtra, Rajasthan, Meghalaya and Chhattisgarh

Instant flour mixes cannot be classified as sattu, to attract 18% GST

According to a CBIC circular, small amounts of ingredients, which are mixed to make Sattu, are specified in the GST rules to be eligible for a 5 per cent tax rate

Is 5G-enabled FWA the answer to the monetisation prayers of Jio and Airtel?

The cost of more towers is more than neutralised by the low price the telcos paid for the spectrum. Spectrum used currently for FWA is 43 times more expensive than the millimetre band

Per capita cereal consumption below 10 kg in rural areas in 2022-23: Survey

The consumption of cereals in rural households declined to 9.61 kg in 2022-23 from 11.23 kg in 2011-12, while in urban households, it declined to 8.05 kg from 9.32 kg over the same period

RBI maintains status quo, raises FY25 GDP growth forecast to 7.2%

Economists see shallow rate cut in Oct-Dec quarter

India's foreign exchange reserves hit new peak of $651.5 billion

Governor Das expressed confidence that the central bank was well-positioned to meet the country's external financing requirements comfortably

Employment focus to drive capex push for engineering, infra firms: Execs

One of the election agendas was unemployment. You cannot do capex without generating employment. It is interlinked, says analyst

Must invest adequately in IT systems: RBI Governor Shaktikanta Das to banks

Underscores urgency to keep up with growth of digital payments

Last mile journey to 4% inflation target is sticky: RBI Governor Das

Even the high rates of growth are enabling us to catch up with that level. So, no, signs of over- heating. On rate hikes being off the table, nothing is off the table.