Page 19 - Economy News

India faces basic contradiction in drafting policies for renewables sector

Frequent changes in rules governing domestic equipment use in projects is slowing capacity addition

Parl panel expresses concern over financial health of insurance firms

A Parliamentary panel has expressed concern about the financial health of General Public Sector Insurance Companies

Covid restrictions took longer to ease in India than several of its peers

Value of stringency index remained higher than several large economies between 2020 and 2023

Nitin Gadkari promises Rs 2 trillion road infra in Jharkhand by 2024

Union Minister Nitin Gadkari on Thursday promised to bolster infrastructure in Jharkhand and asserted that Rs 2 lakh crore highway network will be rolled out in the state by 2024

Madhya Pradesh CM Shivraj Singh Chouhan launches youth policy, portal

The youth portal will provide information on education, employment, health, sport, cultural activities, etc

Withdrawing new liquor policy set to hit Delhi revenues by 45% in FY23

State govt could still raise revenue surplus for the year after reverting to old way of conducting liquor trade

Retailers planning to roll-back discounts offered during Covid-19 pandemic

It is important to note that retailers across the board started offering steep discounts and also ran sudden flash sales in their stores to liquidate stocks during the Covid years

Nine states may surpass national nominal GDP growth of 10.5%: Report

According to data available with the Ministry of Statistics and Programme Implementation (MoSPI), Uttar Pradesh, under the leadership of CM Yogi Adityanath, expects to be the top performer

Indian banks resilient; AT1 bond market to remain unaffected: Report

During FY23, HDFC Bank was the only private sector lender that raised capital using AT1 bonds

PM Modi's green dream at risk as Indian renewables hit by headwinds

Energy transition investments in India already lag behind other major nations, and now the cost of capital is increasing as global interest rates rise

India's Feb crude oil imports jump 8% as demand hits over 2 decade high

India's imports of crude oil in February rose about 8% from a year earlier, government data showed on Wednesday, as fuel demand hit over 2-decade highs in the world's third-biggest oil importer

CPSEs spent 85% of capex target by February, says finance ministry

By comparison, CPSEs had exhausted only 79.28% of the Rs 5.95-trillion target during the same period in the previous fiscal year

Bharat 6G Mission: PM Modi launches India's 6G project, official testbed

The new 6G testbed is being co-developed by a consortium of Indian Institutes of Technology (IITs), including Guwahati and Madras

Indo-Pacific economic framework for prosperity to deepen development: Govt

Delegation that participated in IPEF negotiations in Bali said the framework will deepen economic engagement through enhancement in trade and investment in the region

IOC to invest Rs 61,077 cr in petchem complex at Paradip, Odisha

India's oil company IOC will invest Rs 61,077 cr in building a petrochemical complex at Paradip in Odisha - its largest ever investment at a single location - as it doubles down on its transition plan

MoU exchanged for setting up nation's first PM MITRA Park in Tamil Nadu

The nation's first PM MITRA Park is set to be established in Virudhunagar District of Tamil Nadu, MoU for this signed between the Centre and State govts on Wednesday

Our sourcing from India has grown from 11% to over 23%: Bayer's Santos

In a Q&A, the president of the firm's crop science division says digital farming will be a key driver of the company's growth in India in the years ahead

India participates in the US-led IPEF negotiating round in Bali

During negotiations issues related to trade, supply chain, clean economy, fair economy, and supply chains were taken up

Overestimation of inflation in Jan, Feb? RBI cites NSO methodology

It points to a sharp divergence in inflation in the cereals sub-group

Centre sets 2030 as target to become global hub for green shipping

New policy launched to convert tugboats at major ports into green tugs