The six-member Monetary Policy Committee (MPC) of the RBI hiked the policy repo rate by 50 basis points to 5.4 per cent - a three-year high - owing to inflation concern
The PM and CMs are also expected to devote considerable time to agriculture and related subjects, including measures to lower import dependency on several food items
West Bengal Chief Minister Mamata Banerjee on Thursday afternoon left Kolkata for a four-day trip to New Delhi, where she was to meet opposition leaders, besides attending a Niti Aayog programme
Govt says freebies inevitably lead to economic disaster
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MPS's effective and transparent delivery has been part of multiple committees and reports. Many recommendations have been implemented and others put in cold storage
India will have a battery storage potential of 600 gigawatt hour (GWh) by 2030, and demand for electric vehicles, stationary storage and consumer electronics will mainly drive adoption of battery storage, a Niti Aayog report said. The report further said a coherent regulatory framework incentivising all stakeholders to participate in the recycling process will help in the development of a battery recycling ecosystem in the country. "Based on our analysis, the total cumulative potential for battery storage in India will be 600 GWh by 2030 considering a base case scenario and with segments like EVs and consumer electronics projected to be major demand drivers for the adoption of battery storage in India," it said. According to the report, the current deployment of lithium-ion batteries (LIBs) in India is dominated by consumer electronics, which comprises smartphones, laptops, notebooks, tablets and is further expected to grow with the digitalisation of platforms and the integration
7.7 million people employed in the sector need welfare measures hardcoded into the law, say some experts
Digital banks will be subject to prudential and liquidity norms on a par with existing commercial banks
China accounts for about one-fifth of FY22 numbers; 41% surge overall
Members of Rashtriya Swayamsevak Sangh affiliate Bharatiya Mazdoor Sangh on Saturday slammed the NITI Aayog for its anti-people policies.
The decision assumes significance as MoR has been lagging behind in achieving its targets under the National Monetisation Pipeline (NMP) of the Centre, during the last fiscal year
The central government is seeking to remove the 10 per cent shareholding cap for individuals in public sector banks (PSBs). Read more in our top headlines
Removal of threshold may allow PE firms to own over 10% stake in state-run banks
"For some reasons...the three corridors coming from the south have not been dealt with in an elaborate fashion," Sitharaman said
The government is exploring several options to address the issue for enabling privastisation of PSBs
Entitlement extension should be calibrated
Going forward, we also need to look at inclusion of items in the GST from a larger macro perspective
Development initiatives need a grand vision that reflects political concerns, challenges and opportunities
The report titled 'India's Booming Gig and Platform Economy' recommended extending social security measures for such workers