Page 200 of ECONOMY

Global economic difficulty: India can allow foreign reserves to ‘burn’ to shield system, says PM’s adviser

According to him, India at present has ‘large foreign exchange reserves’, which if necessary the country can easily allow it…

June 19, 2022 06:00 IST

At the helm of oil and urban affairs ministries, Puri is Adda guest today

As a diplomat and a former Union minister for civil aviation, Puri — the guest at Express Adda on Friday…

June 17, 2022 09:59 IST

Allow export of 8 MT of sugar under OGL in 2022-23 season: ISMA to govt

In the letter written to the minister, a copy of which is with FE, ISMA president Aditya Jhunjhunwala said an…

June 17, 2022 09:42 IST

Government’s role as employer declining

The Centre’s share in employment has declined at the fastest rate in recent years among government-sector employers.

June 17, 2022 08:28 IST

In the midst of this increasingly hostile external environment, India is better placed than many other countries in terms of avoiding the risks of a potential stagflation,” said the article published in the RBI's June bulletin.

India better placed to avoid stagflation: RBI article

Stagflation refers to a situation where inflation and unemployment are high, while demand remains stagnant in the economy.

June 17, 2022 04:45 IST

India better placed than many other economies to avoid stagflation, says RBI article

The article, published in the RBI’s June bulletin, noted that global economic conditions continue to deteriorate as ratcheting up of…

June 16, 2022 18:44 IST

Sops for developing nations non-negotiable, says Piyush Goyal

India has called for expeditious restoration of the almost-dysfunctional Appellate Body of the WTO for dispute resolution, without diluting its…

June 16, 2022 08:17 IST

india, World Competitiveness Index india ranking

India jumps 6 places to 37th rank on IMD’s World Competitiveness Index; Denmark tops chart

Denmark has moved to the top of the 63-nation list from the third position last year, while Switzerland slipped from…

June 15, 2022 14:34 IST

Exports rise 20.55% to $38.94 billion in May; Trade deficit at record $24.29 billion

Imports during May 2022 grew by 62.83 per cent to USD 63.22 billion, the data showed.

Updated: June 15, 2022 17:58 IST

WPI inflation spikes to record 15.88% in May on costlier food items, crude oil

The Wholesale Price Index-based inflation was 15.08 per cent in April and 13.11 per cent in May last year.

Updated: June 14, 2022 13:40 IST

PM Modi to discuss sustained eco growth, common development agenda with chief secretaries during HP conference

More than 200 people representing the central government, all states and union territories, and domain experts will participate in the…

June 14, 2022 12:28 IST

Extend GST compensation to states for next 3-5 years: Amit Mitra urges Nirmala Sitharaman

Mitra, the principal chief advisor to Chief Minister Mamata Banerjee and the state finance department, said the extension of the…

Updated: June 14, 2022 12:14 IST

India demands TRIPS waiver at WTO meet

Any plan to scrap fishery subsidies immediately or within a tight schedule for those nations that are not much into…

June 14, 2022 08:41 IST

Karnataka launches software for farmer schemes to expedite delivery of sops

Several landless dairy farmers are also registered with the common digital platform for availing benefits, especially Rs 4 per litre…

June 13, 2022 06:00 IST

Govt’s net tax revenue seen to exceed budget estimate by Rs 1.3 trillion

While excise and customs duty collections will be affected by duty cuts and will likely fall short of their respective…

June 13, 2022 05:45 IST

G-33 members must work together for fair, balanced outcome at WTO: Piyush Goyal

WTO ministerial: Piyush Goyal seeks permanent solution to food security row

India slammed inadequate action by the multilateral body in responding to the Covid crisis and ensuring greater availability of vaccines…

June 13, 2022 05:15 IST

Economy has shown exemplary resilience: Chief Economic Adviser V Anantha Nageswaran

Addressing an event on Indian Economy: Prospects, Challenges and Action Points at Haryana Institute of Public Administration, the CEA stressed…

June 12, 2022 06:30 IST

Two sides of a coin | Book Review: The Future of Money by Eswar S Prasad

As we see more options when it comes to money, many things remain the same.

June 12, 2022 02:00 IST

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BPCL, Oil India to build Rs 1-lakh-cr refinery in AP

Business4 hr ago

BPCL and Oil India have joined forces to build a refinery and petrochemical complex in Andhra Pradesh worth Rs 1 lakh crore. This project will also include a cross-country pipeline and the production of organic fertilisers. The refinery will have a capacity of 9-12 MTPA and has all necessary clearances and land in place.

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