Page 2 - Economics

Measures to encourage investment an important aspect of Modinomics: Gadkari

Measures to encourage capital investment have been an important aspect of Modinomics as it is not just a wealth creator but also a means of employment generation, said Union minister Nitin Gadkari on Friday. In the 60 years of Congress rule, hatred was spread against capitalists. During the Congress rule, governance was budget-centric, said the minister of road transport and highways here at an event on the achievements of nine years of the Narendra Modi government. Encouraging domestic capital investment, and bringing foreign capital for development are necessary to eradicate poverty, he said. Works worth Rs 9 lakh crore are being carried out with a budget of Rs 900 crore because the Modi government is encouraging capital investment, said the senior BJP leader. Capital investment creates wealth and jobs, he stressed. Recalling his days as the PWD (public works department) minister of Maharashtra in the 1990s, when the undivided Shiv Sena-BJP alliance was in power, Gadkari said he

Delhi University's economics faculty opposes bid to drop 3 elective papers

The 3 electives are: 'Economy, State and Society', 'Production Relations and Globalisation', and 'Economics of Discrimination'

Making economics palatable

In Edible Economics, Ha-Joon Chang takes a global approach to food to deliver a stinging critique of the neoclassical order

Indian govt allows Lankans to hold $10,000 worth of rupee in cash

SL banks must open nostro accounts with Indian banks

You're not welcome! UAE bars entry for those with single name: Air India

Single named passengers will not be allowed entry into the UAE with immediate effect under the new guidelines

FM Sitharaman likely to begin pre-Budget talks from third week of November

FM Nirmala Sitharaman and senior officials will hold eight meetings in all with all stakeholders

European connect: SpiceJet links Amritsar and Italy with one-stop flights

SpiceJet is connecting Amritsar with Rome Fiumicino with a Boeing 737 Max twice a week and will also fly the plane between Amritsar and Milan Bergamo thrice weekly

Climate change targets pose stark challenge for the developing world

Floods and drought, hurricanes and heat waves will make the path out of poverty much more difficult. But trying to limit climate change poses its own set of problems for the developing world

Indians think combating global warming is good economics: Report

A significant proportion of the adult population in India appears convinced that steps taken to combat climate change and global warming will actually be good economics

Startup funding drops by 80% YoY to $3 bn in Q3 of Calendar 2022: Tracxn

Average ticket size also dips across all funding stages, late-stage sees biggest fall of 70%, indicating that investors aren't willing to make large investments until economic conditions improve

Crisis Nobels: A reminder sound banking regulation is vital

It may be hard to remember a time when the need to protect the workings of the banking system and possible response to a major crisis was as clearly understood

Former US Fed chair Bernanke, two others win Nobel Prize in Economics

The trio was awarded for research into banking and financial crises

Rural tourism to be based on culture, economic characteristics in Rajasthan

The government proposes to develop tourist accommodation facilities including home stay, drinking water, safety, internet connectivity, and caravan parks in partnership with private players.

Can NITI Aayogs replace State Planning Boards to spur economic growth?

Experts believe merely replacing the state planning boards with such bodies won't make them effective

Indians optimistic on growth outlook amid high inflation: EY study

They are shifting to new brands in search for value, says multi-nation survey

Noted agricultural economist, former CACP chief Abhijit Sen passes away

He had deep knowledge and understanding of India's rural economy, says NITI Aayog member Ramesh Chand

A remarkable teacher: Remembering D-School's Elizabeth Krishna

Elizabeth Krishna worked at the Delhi School of Economics for about a decade and a half from the mid-1960s to late 1970s as a tutor, or teaching assistant

Saudi Aramco profit surges to another record on bumper oil market

Saudi Aramco posted the biggest quarterly adjusted profit of any listed company globally driven by high crude prices and production

London or Londongrad? What makes the UK a hub for global 'dirty money'

According to reports, the 'questionable funds' in the UK amount to over $125 billion every year. What makes London a hub for money laundering? Find out here

Govt releases Natural Resource Accounting to track mineral, energy deposits

The asset accounts would help identify alternate economic and energy-based resources, and aid in developing an ecosystem for containing illegal mining