Policy

MC Interview | Delhi to begin seeing colder temperatures from October 15: IMD Chief

A delayed monsoon withdrawal and resultant persistent humidity has led to higher temperatures and increased discomfort, as per India Meteorological Department. 

India-Canada FTA on pause till political issues resolve: Sources

The India-Canada negotiations were re-launched in March 2022 after the countries held the fifth Ministerial Dialogue on Trade & Investment

After tomato, onion prices set for eye-watering rise

A dip in onion acreage coupled with low carryover stocks from the rabi season has put onion prices on a rising trajectory, with prices hitting Rs 2,500 a quintal at Pimpalgaon and Lasalgoan, Asia’s largest onion market

IMD working to sharpen forecast tools in view of changing weather patterns

India’s weather pattern has seen a swift change, with the monsoon bringing in heavy rain followed by spells of dry weather, says DS Pai, Head of the IMD’s Environment Monitoring and Research Centre.

Rice sown area widens 2.69% days after ban on exports amid erratic rainfall

The sown area for rice had remained low by 6.1 percent till July 17.

Tomato to get even costlier in weeks ahead; relief only by September

Unseasonal rains, the resulting disruption in transportation and supply chains have affected the prices of a number of vegetables. Tomato prices are expected to touch Rs 300 a kg, but the government’s July 12 directive might provide some respite.

India-UK FTA: Tenth round of negotiations conclude

Talks on the India-UK Free Trade Agreement have merely crossed the halfway point, and India has missed its internal deadline of closing the negotiations by March 2023

ONDC’s challenge is onboarding stakeholders, expanding the market: T Koshy, CEO

ONDC is working towards digitizing and supporting grassroots-level entrepreneurs and local retailers, and making them a beneficiary of India's e-commerce revolution.

How Budget 2023 'neglected and condemned' persons with disabilities

National Platform for the Rights of the Disabled (NPRD) in its press statement states that despite the rhetoric of 'Inclusive India' with Inclusive Development right at the top of the government's seven-priority 'Saptarishi' approach, the persons with disabilities continue to be ignored by the State.

IDBI Bank early bid deadline extended to January 7

The government had received requests from the transaction advisor to push forward the deadline for early bids for IDBI Bank

Prime Minister Narendra Modi releases 12th tranche of farmer income support

More than 8 crore farmers received over Rs 16,000 crore in their bank accounts under the 12th tranche of the PM Kisan Samman Nidi scheme

Many countries worried over spillover effect of developed world decisions: FM

Finance Minister Nirmala Sitharaman's remarks came in the wake of the push by the US-led western countries to reduce their oil purchase from Russia and warning to other nations that they would face sanctions if they continued to do so

RBI’s endgame for rupee must be a win for credibility

Managing the incidental outcomes of exchange rate policy on its interest rate policy and the economy will help the Reserve Bank of India maintain its credibility.

What Is Stagflation And Is India Really At Risk Right Now? | Explained | Why Stagflation Matters

Hotter-than-expected US inflation numbers for August have thrown up several concerning trends, an important one being the risk of stagflation​. But while reports suggest that the US may be on the verge of stagflation, the big question is, what does this mean for India? How relevant is stagflation for India, is India really at risk, and what would this mean for our household budgets? Watch this mini masterclass to find out!

Government tweaks mineral concession rules to cut interest state charge on dues

The changes have been made under powers conferred by the Mines and Minerals (Development and Regulation) Act, 1957.

CCEA approves states to buy chana at discounted rates for welfare schemes

Under the scheme, states can lift 15 lakh tonnes of chana at the discount of Rs 8 per kg over issue price of the sourcing state on first come first serve basis

Backend botch-ups hamper Direct Benefit Transfer payments

More than half the payment failures may be due to incorrect Aadhaar details, or bank accounts that are wrongly flagged as inactive

Cabinet tweaks policy to allow ban of wheat flour exports as global demand shoots up

The existing policy has led to a significant amount of wheat flour continuing to be exported from India even after all such exports were restricted back in July.

More lateral entry from private sector, new trade promotion body planned for Commerce Department: Piyush Goyal

The government plans to implement a Boston Consulting Group report which calls for significant restructuring of the department to help hit $2 trillion in exports by 2030.

Revenue Secy Tarun Bajaj gets additional charge of Corporate Affairs Secretary

The additional duty comes just months after Bajaj got additional charge of Economic Affairs Secretary till August 12.

India exported 3.7 lakh tonnes of wheat through government route

Nations that were in a food deficit and vulnerable, as well as India's neighbours, were given priority access to wheat amid a global shortfall.

Inflation falling but government remains watchful, says source

"The measures the government and the Reserve Bank of India (RBI) have taken have helped in lowering inflation, but it's not like it has stopped being a concern. It's just not as worrying as it was a few months ago," a senior official said.

Current growth in exports will continue if more FTAs are signed: GJEPC chairman Colin Shah

The removal of a 5 percent duty on plain and studded gold jewellery from India as part of the recent free trade agreement with the UAE is expected to increase exports by $5 billion.

US FTA pending because of Washington; 2023 targeted for talks now: Officials

A step-by-step reduction of import duties on high-value US farm products, a trade margin policy for medical devices, and a promise to continue talks on reducing price restrictions on American technology goods remain India´s basic proposal for trade talks with the US