Economy
Adar Poonawalla urges US to lift ban on jab material exports
SII has committed to make 1 billion doses of Covavax and the company has to supply 500 million doses of this globally through GAVI.
Exports rise to USD 13.72 bn during Apr 1-14: Commerce Ministry data
The country's exports have increased to USD 13.72 billion during April 1-14 this year on account of healthy growth rate in sectors such as engineering and gems and jewellery, according to the provisio
Ajay Seth takes over as new Economic Affairs Secretary
Ajay Seth, a 1987 batch IAS officer of Karnataka cadre, on Friday assumed charge as Secretary Economic Affairs at a time when the economy which was showing signs of recovery is being threatened by the
China’s GDP surges to record 18.3 per cent in Q1
Output by major industrial firms increased by 14 per cent compared with the first quarter in 2019, resulting in an average year-on-year Q1 growth of 6.8 per cent over the past two years, the Xinhua re
China’s economic growth surged to 18.3 per cent as activity revived
The figures reported Friday were magnified by comparison with early 2020, when the world's second-largest economy fell into its deepest contraction in decades.
Costlier crude, low base: WPI inflation shoots up to 8-year high of 7.39%
Rise in prices of some manufactured goods and food items like pulses and fruits also pushed the index.
Amid Covid surge, states seek free grain supply from Centre
However, the free foodgrains to all the beneficiaries under the National Food Security Act (NFSA) during April-November last year was a huge success with 32.2 million tonne of food grains lifted by st
RRA 2.0: RBI sets up regulatory review authority to review regulations, ease compliance
Accordingly, the RRA 2.0 will function for a period of one year from the date of its establishment to review the regulatory prescriptions internally as well as by seeking suggestions from regulated en
RBI sets up RRA to streamline regulations and reduce compliance
"The RRA will engage internally as well as externally with all regulated entities and other stakeholders to facilitate the process," the central bank said.
Exports jump 60 pc in March; falls over 7 pc to USD 290 billion in FY21
Trade deficit during March 2021 widened to USD 13.93 billion from USD 9.98 billion in March 2020. The trade deficit during the full fiscal, however, narrowed to USD 98.56 billion as against USD 161.35
Elevated public debt in FY21 matter of concern: Report
She also said in the medium term government will have to work towards moving along the fiscal consolidation path at a pace in sync with the pace of growth rather than sticking to a more relaxed path a
India Inc’s outward FDI halves to $1.93 bn in March
Of the total investment committed by the Indian investors in their foreign joint ventures/wholly owned subsidiaries in March this year, USD 1.15 billion was in the form of issuance of guarantees.
WPI inflation spikes to over 8-year high of 7.39% in March
Inflation in the fuel and power basket was 10.25 per cent in March, against 0.58 per cent in February, mainly on account of rising prices of petrol and diesel.
Non-food credit growth slips below 6%
In a report earlier this month, analysts at Kotak Institutional Equities (KIE) pointed out that corporate loan growth has been in negative territory since September 2020.
Green hydrogen auctions, purchase obligations in the offing
Sources said plans were also afoot to make it mandatory for user industries like fertilisers and petroleum refineries to purchase 10% of their hydrogen requirements from domestic green hydrogen source
Niti Aayog inks pact with Dassault Systemes Foundation to support entrepreneurs
The AIM’s Atal Tinkering Labs (ATLs) has played a pivotal role in fostering creativity and imagination amongst schoolchildren, and Dassault Systemes Foundation will contribute to ATL in three broad
88% Indian CEOs confident on global economic improvement in a year: PWC
According to the PWC’s 24th Global CEO Survey, 88% of India CEOs are confident about global economic growth improving over the next 12 months, while 70% are confident about their revenue growth in t
India allows additional 3,675 tonnes of sugar export to UK under concessional duty quota
TRQ (Tariff-Rate Quota) is for a volume of exports that enter the UK at relatively low tariffs. After the quota is reached, a higher tariff applies to the exports.
Govt promises diplomatic interventions to get P&K fertilisers imports at reasonable rates
With the imposition of countervailing duty by the US on imports from Morocco and Russia, there is a realignment of the supply chain with the Middle East diverting the supplies to the US, they said.
India’s palm oil imports rise 56.50 pc in March
Among soft oils, the import of sunflower oil declined to 1,46,970 tonne in March due to high prices as against 2,95,387 tonne in the same period last year.
IIP data must change for the better; infra investment to drive growth
Apart from a few segments led by automobile, tractors, 2 wheelers and FMCG products, the other segments of industry are yet to swim into the positive territory.
Who is afraid of India’s fiscal policy?
With little resources to tackle the pandemic and kick-start economic recovery, India should receive debt relief in exchange for a commitment to align economic policies and newfound spending capacity w
Centre’s tax revenue grows in pandemic year
Post-devolution, Centre nets Rs 14.2 lakh crore in FY21, up 5% on year
India, EU to resume formal FTA talks in May
After a gap of about eight years, India and the EU will resume formal negotiations for a trade and investment agreement on May 8, with both sides aiming to expedite a deal to aid economic growth in th
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Top News
- FD vs debt fund vs G-sec: Which one is better for retail investors?
- India can't fight Covid with such planning
- Corona LIVE: Delhi sees record daily rise of 19,486 COVID-19 cases, Andhra govt says it has no stock of vaccine
- Indian economy in better shape compared to previous COVID-19 wave: CEA
- Assembly byelections, Lok Sabha byelections 2021: Result, date, time, schedule, full list of constituencies - All you need to know
- World's highest railway bridge: Watch the journey of Indian Railways engineering marvel, Chenab Bridge
- SoftBank in talks to invest around USD 450 mn in Swiggy
- Forex reserves surge by USD 4.34 bn to USD 581.21 bn
- Will imported vaccines give the booster shot to India’s Covid-19 vaccination drive
- Attention Delhi Metro commuters! Metro services to be available with a headway of 15 minutes this weekend
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