Page 48 - Economy

New coal plants may be asked to have mandatory renewable power generation

Power Ministry proposes changes to policy to meet country's climate goal of 50% green electricity by 2030

Govt may release green bond framework today; financing under 9 categories

Proceeds from green bond issuances will be deposited in the Consolidated Fund of India

South Africa's $8.5 bn plan to exit coal offers template for green shift

South Africa and its investment partners launched an $8.5 billion plan to shift from coal toward green energy at the COP27 climate summit, in a potentially landmark deal

Manufacturing picked up in Sept qtr, may sustain for 6-9 mths: FICCI study

61% respondents in survey reported higher production level in September quarter over the year-ago period, as against 55% who reported higher output in June quarter of FY23

Govt likely to cap non-basmati and basmati rice blending to 15%

Currently, basmati - which is meant for exports to European nations only - is allowed with up to 15 per cent blending. However, for domestic sale, the blending goes up to 30-40 per cent

Austrian theory of business cycle is key to explain upcoming Recession

One reason the current economic situation is so fraught is that world is facing 3 kinds of business-cycle mechanisms at the same time. First 2 are well-known, but the third - Austrian theory is not

Piyush Goyal asks exporters make price adjustments to retain market share

A temporary change in pricing will help them accommodate short-term challenges, an official statement says; minister reviewed sectoral progress in exports with EPCs and Industry bodies

Rajasthan govt plans to generate 50,000 jobs in handicraft sector

Rajasthan has about 600,000 craftsmen and artisans

Centre likely to amend IBC in winter session to improve efficiency: Report

According to the data, 60 per cent of bankruptcy cases are pending for over 270 days under the IBC

Silos are yet to be broken to expeditiously deliver projects and policies

Lack of coordination between depts and ministries within the govt on the one hand, and between the Centre and the states on the other, has proved to be a hurdle

Disinvestment target for FY24 to be at a 'realistic level' of Rs 65K-crore

Centre's receipts from disinvestment till November in FY23 stand at Rs 24,544 crore

Canadian govt warns that the country might enter mild recession in 2023

The Department of Finance has developed a "downside scenario" that considers the impact of more persistent inflationary pressures and further tightening in monetary policy

Central government to introduce 7-8 PLI schemes in next Budget: Report

The new PLI schemes will likely cover segments like textiles, electronic components, furniture, toys and leather

5G: 90% telecom sector firms may hire professionals in December quarter

The intent to hire professionals in the telecom sector has improved in the December quarter when compared to the preceding quarter, according to the TeamLease report.

Tax authorities want IT professionals to declare income from 'moonlighting'

The concerns from tax authorities have come at a time when there is an ongoing debate on how far 'moonlighting' by employees can be allowed.

RBI's MPC to explain first inflation miss since 2016 to government today

This is the first time the Reserve Bank of India is writing such a letter after the country switched to a flexible inflation-targeting regime and formed a committee in 2016 to set interest rates

India may allow Chinese JVs with Indian cos for electronics manufacturing

Officials added that any proposal for a JV could be considered if that leads to the growth of the electronics manufacturing ecosystem in India

Trade data from China, India shows gaping hole of $12 billion: Report

India-China trade: Under-invoicing of shipments by Indian importers is believed to be the main reason behind the gap in figures

Has India's outlook towards GM changed or is it just a flash in the pan?

Quick decision-making has pumped up the scientific community, particularly for those who work in the field of agriculture sciences

Why FATF removing Pakistan from 'grey list' has miffed India so much

FATF started out with 16 developed countries as members and added 12 by 1992. It has since expanded to the current list of 39 members