UPSC News | Economy

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Economy

  • The Hindu - Industry
  • The Hindu - Economy
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The global job market will take longer to recover than previously thought, with unemployment levels set to remain above pre-COVID-19 levels until at l [...]

Axis Bank has emerged as the front runner to buy Citi’s consumer business in India, which is being valued at about $1.5 billion in a planned deal that [...]

‘Aim is to help empower investors’ [...]

Mahindra’s Truck and Bus Division (MTB), part of the Mahindra Group, has announced ‘Get More Mileage or Give Truck Back’ guarantee plan for its BS 6 r [...]

‘A two-wheeler is not a luxury item’ [...]

Fastest expansion since 2011 was driven by exports, consumption; slump in birth rate clouds outlook [...]

HCL Technologies CEO and MD C. Vijayakumar on Monday said business was in the best shape that it could be and the company is optimistic of a good grow [...]

Overall economic activity strong, RBI officials say in bulletin [...]

UltraTech Cement Ltd. reported consolidated net profit rose 8% year-on-year (YoY) to ₹1,708 crore for the third quarter ended December 2021.The profit [...]

Domestic air traffic has already plummeted 25% in the first week of January [...]

Study showed that the pandemic has set gender parity back from 99 years to now 135 years, with women collectively losing $800 billion in earnings [...]

Blisswater Industries Private Ltd which is into Alcobev segment has chalked out plans for expanding its market in India and abroad, its CEO said. “In [...]

Fipola Retail India, an omni-channel meat Direct to Consumer (D2C)) start-up, has announced plans to expand its retail presence in the southern part [...]

RIL subsidiary Reliance New Energy Solar, Hyundai Global Motors, Ola Electric, Mahindra & Mahindra and Larsen & Toubro are among the 10 firms [...]

After rigging allegations, what steps has the Broadcast Audience Research Council, which releases the ratings, taken? [...]

‘Indian firms likely captured over 50%’ [...]

Dip in provisioning for bad loans helps [...]

AGS Transact Technologies Ltd, a payment solutions provider, has announced plans to open its ₹ 680 crore Initial Public Offering (IPO) on January 19, [...]

To minimise the impact of frontal and lateral collisions on the occupants seated in both front and rear compartments, it has been decided that 4 additional airbags be mandated in the M1 vehicle category. [...]

The auto major has already hiked the vehicle prices three times last year. [...]

North Eastern Coalfields extracted coal worth ₹4,872 crore without obtaining mining rights, the Justice B.P. Katakey panel report said. [...]

There has been a growing demand among customers in the country for the company’s products, says Head of Global Business [...]

The proceeds of this issue will be used to repay the existing debt of the company and its subsidiaries [...]

Nearly 78% of shareholders at the company's annual meeting voted to demand more accountability in addressing workplace sexual harassment complaints [...]

Credit growth, which has been lagging deposits for years, turned buoyant in the third quarter of this fiscal by a wide margin at ₹3.5 lakh crore as ag [...]

Sweden-headquartered Truecaller on Thursday said it has entered into an agreement to acquire the Israeli company CallHero that helps users verify and [...]

IT major to tap tier 2, 3 cities [...]

Tata Motors Group global wholesales in Q3 FY22, including that of Jaguar Land Rover, stood at 2,85,445 units higher by 2% compared with Q3 FY21, Tata [...]

“We are deeply aggrieved by the death of our delivery partner Salil Tripathi in an unfortunate road incident. We are extending all possible support to help the family get through this,” the Zomato CEO said [...]

Last year, Tesla had sought a reduction in import duties on electric vehicles in India [...]

Both sides will hold deliberations over an array of trade opportunities of mutual interest, benefiting India and the U.K. [...]

The two companies forged a $5 billion partnership to explore setting up a greenfield integrated steel mill and other businesses in Gujarat’s Mundra. [...]

Aidrivers, a global specialist in AI-enabled autonomous solutions across industrial mobility and commercial vehicle manufacturer Ashok Leyland have s [...]

The buyback is proposed to be made on a proportionate basis under the tender offer route, the company said in a filing. [...]

Unit to start local production of EQS, says MD Schwenk [...]

Govt. not to become a board member [...]

Gross revenue rises 29.6% to ₹20,313 cr., attrition at 23% [...]

Board approves buy-back at ₹4,500 a share, recommends ₹7 interim dividend [...]

Revenue increases 23% to ₹31,867 cr., attrition at 26% [...]

The statement comes after Vodafone Idea’s shares crashed follwoing its decision of converting about ₹16,000 crore interest dues liability payable to the government into equity [...]

Expecting to grow in double digits in 2022 given the pent-up demand, says De Beers India managing director Sachin Jain [...]

What changes have been approved for Vodafone Idea? How much of a role will the Government play in the functioning of the telecom operator? [...]

The company is in the business of procuring, processing, manufacturing, marketing and research and development of organic food products. [...]

As Economic Counsellor, Pierre-Olivier Gourinchas will serve as director of the IMF’s Research Department [...]

Pandemic taught us a lesson about sustainability, environment protection [...]

The Madras High Court however, extended the interim stay granted till Jan 28, to allow the airline to prefer a further appeal in the Supreme Court [...]

If the plan goes through, then the government will become the biggest shareholder in VIL [...]

Move as per scheme offered by DoT for settlement of dues. [...]

Adani group decides to waive ₹12,000 crore compensation [...]

Fortis Healthcare said a U.S.-based entity has filed a suit against it and others, including IHH Healthcare Berhad, for alleged “copyright infringemen [...]

Private sector lender Karur Vysya Bank Ltd.’s customers can now remit customs duty payment electronically by selecting the bank’s link in ‘ICEGATE’ po [...]

Larsen & Toubro (L&T) on said its construction arm has bagged a ‘significant’ order from National High Speed Rail Corporation Ltd. (NHSRCL). [...]

‘Products have become obsolete’ [...]

‘Big ticket movie releases postponed indefinitely’ [...]

‘Digital transformation to power deals’ [...]

The schedule for the 2-day visit to India will include bilateral talks between Anne-Marie Trevelyan and Commerce and Industry Minister Piyush Goyal, the Department for International Trade said. [...]

Vistara fleet comprises Airbus A320, A320neo, A321neo, Boeing 737 and B787 planes [...]

Report, released by Labour Minister, covers manufacturing, construction, trade, transport, education, health, accommodation and restaurants, IT/BPOs and financial services [...]

Resuming operations with full workforce to take some more months [...]

Amazon has filed an appeal in the National Company Law Appellate Tribunal (NCLAT) against the Competition Commission of India (CCI) order that suspend [...]

Another option is an LIC pension scheme for senior citizens called Pradhan Mantri Vaya Vandana Yojana. [...]

Your friendly neighbourhood insurance agent, usually a family friend or even a relative, has you in his sights! [...]

When taking buy/sell investment calls, investors must understand that the market is not under their control [...]

It quashes order permitting seizure of funds belonging to Airports Authority of India. [...]

Surge in COVID-19 cases hits travel demand [...]

He has been appointed vice-president of Beijing-based Asian Infrastructure Investment Bank [...]

Telecom operator Bharti Airtel will not avail the option of conversion of the interest on deferred spectrum and AGR dues to equity, under the reforms [...]

Bookings were worth ₹110 crore: CEO [...]

Mandarin Oriental New York is an iconic luxury hotel located at 80 Columbus Circle, directly adjacent to the pristine Central Park and Columbus Circle in New York city [...]

Firm plans to invest ₹25 cr. in 2 years [...]

Largest software exporter TCS on Friday bagged the second phase of the Passport Seva Programme (PSP), after an over decade-long work in the first pha [...]

Smaller peers like Infosys and Wipro have also undertaken buyback programmes to return surplus cash on their books to shareholders. [...]

‘Largest issuance by an Indian firm’ [...]

‘High rates negate benefits of PLI’ [...]

This is the largest ever foreign currency bond transaction in India, eclipsing ONGC Videsh Ltd’s $2.2 billion bonds issue of 2014. [...]

BJP leader had sought quashing of disinvestment process [...]

The grounded airline in a regulatory filing clarified that Sudhir Gaur was not the interim CEO of the company. [...]

Britain’s Cairn Energy has dropped all lawsuits against the Indian government and its entities in courts from the U.S. to France and to Singapore, to [...]

Firm to spend ₹1,200 cr. on new outlets [...]

IBC provisions not complied with, says the appellate body [...]

Hughes Communication India Private Limited (HCIPL) and Bharti Airtel announced the formation of a joint venture to provide satellite broadband servic [...]

The Delhi High Court on Wednesday put on hold the Amazon-Future arbitration going on before a three-member arbitral tribunal adjudicating Amazon’s o [...]

‘Mobile firm evaded customs duty’ [...]

Two-wheeler sales also continued to remain in the slow lane last month. [...]

Amazon and the Future Group have been locked in a bitter legal tussle ever since the latter entered into a deal for the sale of its assets to Mukesh Ambani's Reliance Retail [...]

The airline said it had deposited $5 million in court to get the order stayed until the filing of an appeal [...]

Why has a Canadian court ordered the seizure of more than $30 million worth of AAI’s assets? How can a foreign power issue such an order? [...]

Unit was shut after workers’ protest [...]

Billionaire entrepreneur Elon Musk’s Starlink satellite Internet venture told its members on Tuesday the Indian government had asked the company to re [...]

‘Deferred weddings conducted last year spurred demand’ [...]

The Reserve Bank of India (RBI) on Tuesday said Airtel Payments Bank Ltd. has been included in the Second Schedule to the Reserve Bank of India Act, [...]

Firm urged priority to termination plea [...]

Commerce and Industry Minister Piyush Goyal has recently reviewed the status of Brand India Campaign of India Brand Equity Foundation [...]

While the BlackBerry 10 won positive reviews from critics, the public preferred Android-based smartphones and Apple Inc's iPhone, eventually leading to BlackBerry's 2016 decision to stop making phones. [...]

Alka Mittal is the first woman to head the country's largest oil and gas producer. [...]

Apple has built an ecosystem of 1 billion iPhone owners who spend money on services and that it is well-positioned for future categories like self-driving cars and augmented reality. [...]

Numbers show 37% growth; Minister says services sector to see ‘good’ tidings too [...]

Households continue to stay bullish on e-health usage [...]

The shareholders had sought the right to seize all sum or moveable property of India and/or AAI being held by the International Air Transport Association [...]

Equity allocation can enhance your investment portfolio’s expected return [...]

Nomura cites fresh curbs as index falls [...]

Fastest expansion since 2011 was driven by exports, consumption; slump in birth rate clouds outlook [...]

Domestic air traffic has already plummeted 25% in the first week of January [...]

Study showed that the pandemic has set gender parity back from 99 years to now 135 years, with women collectively losing $800 billion in earnings [...]

Finance Minister Nirmala Sitharaman is scheduled to present the Union Budget 2022-23 in Parliament on February 1. [...]

This is the second increase in rates this month. [...]

When did Australia, Brazil and Guatemala file a complaint and what are the rules? [...]

Data show continued demand for a range of Chinese goods, particularly machinery [...]

WPI inflation has remained in double digits for the ninth consecutive month beginning April. [...]

Understanding one of the key strands in IR theory [...]

Rising prices have wiped out the healthy pay increases, that many Americans have been receiving, making it harder for lower-income families to afford basic expenses [...]

Food inflation rose to 4.05 % in December. [...]

Sentiment shapes consumption patterns, savings: RBI paper [...]

‘Pace of growth drops on COVID wave’ [...]

The deadline to file tax audit report and transfer pricing audit report for 2020-21 fiscal too has been extended till February 15. [...]

Mr. Virmani noted that COVID-19 pandemic hit economic recovery and pushed for tax reforms. [...]

‘Big ticket movie releases postponed indefinitely’ [...]

“Entrepreneurs should focus on strengthening the Make in India programme” [...]

DGGI reply to RTI query cites action on evasion of ₹9,359 cr. [...]

IHS Markit sees consumption spending doubling over a decade to $3 tn by 2030 [...]

COVID-19 could impact final numbers, says the National Statistical Office. [...]

The rise was led by a surge in energy prices, according numbers released Friday by the European Union's statistical office. [...]

India Ratings and Research cut its forecast to 9.3%, from 9.4% earlier, while Brickwork Ratings has revised its estimates to 8.5-9% from 10%. [...]

Restructured loan book particularly vulnerable, borrowers may seek more time [...]

Garment exporters to strike over prices [...]

India better prepared: Mr. Jain [...]

CPSEs have also collectively met 80% of the Capex target of FY 2021-22 [...]

With Omicron variant of coronavirus fast spreading in the country, ICRA Limited. expects that India’s GDP growth for Q4 FY22 would be 40 basis points [...]

Coal production up by 6.7% compared to 2019 [...]

For the fifth straight month, the services sector witnessed an expansion in output. In Purchasing Managers’ Index (PMI) parlance, a print above 50 means expansion, while a score below 50 denotes contraction [...]

RBI promotes Kumar, Choudhary as EDs The Reserve Bank of India has elevated Deepak Kumar and Ajay Kumar Choudhary as Executive Directors (EDs) with ef [...]

This is the first reduction since October 6. Rates had gone up from ₹1,734 per 19-kg cylinder to ₹2,101 on December 1. [...]

Number of returns filed by last year’s deadline was 5.95 crore [...]

December is the sixth month in a row when revenue from goods sold and services rendered stood at over ₹1 lakh crore [...]

Bangladesh top destination: Ministry [...]

The deficit for eight months stood at ₹6.96 trillion [...]

Tarun Bajaj said returns filed so far are more than those filed in the previous year. [...]

Currently, tax rate on manmade fibre (MMF) is 18 per cent, MMF yarn 12 per cent, while fabrics are taxed at 5 per cent. [...]

Launched in March 2018, this is the 19th tranche of electoral bonds sale. [...]

 The Reserve Bank of India (RBI) extended the deadline for mandatory periodic updation of customer KYC by regulated entities till March 31, 2022.As pe [...]

The Employees Provident Fund Organisation (EPFO) on Thursday clarified that account holders can add nominees to their Employees Provident Fund (EPF) a [...]

GST compensation to States for revenue shortfall resulting from subsuming of local taxes such as VAT in the uniform national tax will end in June. [...]

Explaining the origins of money as a commodity with intrinsic value [...]

Commissioner (Appeals) to allow hearing via video [...]

Gross borrowing to stay elevated: RBI [...]

The Reserve Bank of India (RBI) has clarified that Overseas Citizens of India (OCIs) do not require approval for purchase or transfer of immovable pro [...]

Governor flags inflation concerns in report, seeks supply-side measures to contain food, energy prices [...]

Admitting that inflation remains a concern as it is by the build-up of cost-push pressures, Mr Das has called for stronger supply-side measures to contain food and energy prices [...]

Alternatively, taxpayers can send a physical copy of the ITR filed to the CPC office in Bengaluru [...]

‘Net loss to economy from pandemic estimated at ₹39.3 trillion during 2021-23’ [...]

Talking to IRDAI for options with returns linked to pace of price rise: PFRDA chief [...]

‘Credit growth is muted, indicative of pandemic scarring; asset quality may get dented going forward’ [...]

First 3 weeks of month record $24 bn [...]

‘Firm holds 66% market share, saw CAGR of 13.2% in 2019-21’ [...]

Lender well-capitalised, liquidity coverage ratio higher than required: regulator [...]

The platform charges no fees for account opening, maintenance or transactions [...]

Indian rupee’s exchange rate slid past the 76-per-U.S.-dollar-mark on December 16 as trade gap widened and foreign investors pulled out funds from equities [...]

British consultancy Cebr predicted China will become the world's top economy in dollar terms in 2030 [...]

Total enrolment crosses 14-crore mark: Minister Yadav [...]

In which sectors has the recovery gained momentum? What needs to be done to sustain growth? [...]

Activity drops to 5.34% from 15%: GEM [...]

Union Minister Piyush Goyal said there is a need to decriminalise the Legal Metrology Act in such a way that both consumer interest is protected and traders or businesses are not harassed. [...]

BofA flags inflation, policy shift risks [...]

Michael D. Patra said going ahead as financial inclusion rises even further in India, consumption volatility as a source of output volatility can be expected to wane. [...]

‘Card data can be stored till June 30’ [...]

MPC minutes show RBI chief flagging ‘growing uncertainty’ [...]

IT slab rationalisation also mooted [...]

Proportion of under 10-year loans has risen to 23 % in Q3. [...]

The government has taken comprehensive steps to reduce NPAs and to effect recovery, enabling public sector banks to recover more than ₹5.49 lakh cror [...]

We are cautiously optimistic amid Omicron worries: RAI [...]

Indicates economy’s recovery: FinMin [...]

Rise in prices of tomatoes was induced by a drastic fall in supply and when demand surged, traders and retailers increased their mark-ups [...]

‘By 2019-20, discoms accumulated losses were ₹5.07 lakh cr.’ [...]

U.S. central bank drops reference to inflation as ‘transitory’ [...]

Aim is to enable intervention, help entities apply timely remedy, says regulator [...]

Primary food inflation hits 13-month high. [...]

Inflation for the year pegged slightly higher at 5.6% [...]

It seeks tax parity between ULIPs, MFs [...]

Vegetable prices jump 7.45% [...]

Q.I am 26 and earn about ₹35,000 a month. I just finished repaying my education loan and am looking to save for my retirement that will cover my expen [...]

Governor warns depositors against chasing higher returns [...]

Prime Minister Narendra Modi was speaking at the ‘Depositors First: Guaranteed Time-bound Deposit Insurance Payment up to Rs 5 lakh’ [...]

Industry group sees further decline [...]

It’s the national aggregate labour income earned by women relative to the total aggregate of labour income in a country [...]

‘Recovery expected to strengthen in second half of 2021-22; fuel tax cuts to ease Inflation’ [...]

The report from the Labor Department on Friday, which followed on the heels of a slew of data this month showing a rapidly tightening labor market [...]

‘Demand outlook upbeat going into 2022 on easing COVID impact, reopening’ [...]

Oct. industrial output expands 3.2% on waning base effect [...]

‘High inflation, CAD to come into play’ [...]

Mining output climbed 11.4%, and power generation increased 3.1%. [...]

Inbound shipments likely to be stronger in 2022: WGC [...]

Reuters Dec. 6-8 poll of 39 economists cites rising prices of vegetables, fruits [...]

Heavy rains, chip shortage led to a 3% decline, says FADA [...]

‘Move to deepen digital payments’ [...]

The slack in the economy, as well as the fact that activity, was still catching up, also made it contingent upon policymakers to continue to maintain policy support so as to ensure that recovery becomes durable and broad-based. [...]

The marginal standing facility (MSF) rate and the bank rate remain unchanged at 4.25%, the reverse repo rate stays at 3.35% [...]

India is now among the most unequal countries in the world, the report said [...]

Nov. exports rose 21.4% to $325.5 bn while imports surged 31.7% to $253.8 bn [...]

LIC saw 32% spike in Nov.: IRDAI data [...]

Crude price rebound spurs move [...]

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