Category: Economy

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Oil shock: Panel urges Finance Ministry to craft strategic energy mitigation framework

New Delhi: A parliamentary panel on Tuesday suggested that the Department of Economic Affairs should develop a strategic energy mitigation framework to protect the economy…

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Pensioners’ demands echoed: Parliamentary panel seeks hike in minimum EPS payout, say Rs 1000 insufficient

New Delhi: A Parliamentary panel on Tuesday recommended an urgent, comprehensive review of the Rs 1,000 minimum monthly pension under the Employees’ Pension Scheme, 1995,…

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Rs 39.48 lakh cr sanctioned so far under PM-MUDRA, NPAs at around 2 pc: FM Sitharaman

New Delhi: Union Finance Minister Nirmala Sitharaman on Tuesday said Pradhan Mantri MUDRA Yojana has benefitted many small entrepreneurs and Rs 39.48 lakh crore has…

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Parliamentary panel urges a ‘golden share’ strategy to protect PSU autonomy if state stakes fall below 51%

New Delhi: A parliamentary panel on Tuesday asked the Department of Investment and Public Asset Management to finalise a clear legal strategy, incorporating a ‘golden…

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Parliamentary panel advises MoSPI to optimise fund use, seek extra funds if needed

New Delhi: A Parliamentary panel has asked the Statistics Ministry to ensure optimum utilisation of allocated funds and advised it to request supplementary demands, if…

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India oilmeal exports hit by US-Iran conflict, Red Sea disruptions

The escalating conflict between the United States and Iran has significantly disrupted India’s oilmeal exports, particularly to the Middle East and Europe, due to instability…

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India growth outlook dims as oil tops $100, gas crisis deepens

A war raging thousands of miles away is tightening its grip on India’s economy, as surging oil prices and acute gas shortages ripple from kitchens…

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What’s key to India’s forex defence? Patra suggests it’s $1 trillion buffer

India needs a foreign exchange reserve buffer of at least $1 trillion to ensure it has enough firepower to intervene in currency markets, according to…

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Biz chamber seeks RBI relief for exporters hit by West Asia disruptions

Kolkata: The Bharat Chamber of Commerce (BCC) wrote to RBI Governor Sanjay Malhotra, urging supportive banking measures for exporters reeling under disruptions in global logistics…

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India underreported rice, wheat price support: US, others to WTO

The US, Australia, Paraguay and Ukraine have raised objections to the market price support given by India to certain agricultural goods in a submission to…

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