UPSC News | Economy

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Economy

  • Industry News, Company News, Manufacturing News, Service Sector | The Hindu
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MDH, Everest masala row: FSSAI to check quality of spices sold in India

FSSAI takes samples of spices regularly from the market to check the quality of product sold in the domestic market. [...]

How a Chennai-based firm is using virtual reality to train industrial workers

Skillveri, based in Chennai, leverages Meta’s Quest headsets to train industrial workers in skills like painting, welding, and mechanical installation [...]

The travails of becoming a pilot in India

Vistara First Officers’ anger over their new pay structure is the tip of the iceberg of a deeper industry malaise; junior officers feel exploited over expensive training, “illegal” bonds and lack of choice [...]

Zomato gets ₹11.82 crore tax demand notice

Zomato faces ₹11.82 crore tax demand and penalty for GST on export services, plans to appeal [...]

OpenAI hires first India-based official Pragya Misra, slated to start later this month: report

OpenAI has hired its first official in India, Pragya Misra, 39, to facilitate government relations as it moves forward with its generative AI products, reported Bloomberg [...]

Elon Musk postpones India trip citing ‘very heavy Tesla obligations’, aims to visit later this year

Tesla chief Elon Musk was expected to announce an investment of $2 billion to build a factory in India [...]

Singapore recalls Everest Fish Curry Masala over alleged pesticide content

Consumers who have purchased the implicated products are advised not to consume it, the Singapore Food Agency said [...]

Archer Aviation aims to start electric air taxi trials in India next year

Archer is working with India's aviation watchdog to get the "appropriate regulatory approvals" before it can begin trials in the country [...]

Yes Bank co-founder Rana Kapoor gets bail in bank fraud case after four years

Yes Bank co-founder Rana Kapoor has been released from jail after four years. He secured bail in all the cases filed against him by the ED.  Mr. Kapoor exited Taloja Central Prison at 7 p.m.  [...]

Natco Pharma U.S. arm faces Fresenius complaint over diazepam injection prefilled syringe 

Natco Pharma faces complaint from Fresenius over marketing of Diazepam injection prefilled syringe in the U.S. [...]

On the fall in household savings

The sharp reduction in household net financial savings, which has been at the heart of recent debates, and the rise in household debt burden are a cause for concern for growth and economic stability [...]

Personal income tax surge lifts direct taxes past 2023-24 goal

Corporate tax receipts’ share slipped to 46.5% from 49.6% in 2022-23; personal income tax and securities transaction tax receipts grew at over double the pace of corporate taxes last year, say Finance Ministry data [...]

What is the outlook on the global economy? | Explained

What are the risks and vulnerabilities the International Monetary Fund has warned about in its latest financial stability report? Is the threat of a global recession waning? Is the American economy doing well? Will it have a spillover effect on emerging markets? [...]

Debt, fiscal challenges facing low-income countries worry IMF

IMF chief Kristalina Georgieva said the the body is working on ways to support low-income countries hit hardest by high debt levels [...]

‘Conditions not yet in place for any let-up in restrictive monetary stance’

Downward pressure on inflation must be maintained until a better balance of risks becomes evident, MPC minutes cite RBI’s Patra as having observed in the latest policy meeting [...]

Room for optimism: review of Akshay Rathi’s Climate Capitalism

How capitalist economies can reform and be serious about tackling climate change [...]

Why have private investments dropped? | Explained

What is private Gross Fixed Capital Formation? When did private investments pick up in India? Will strong consumption spending increase private sector confidence? How do government policies affect private capital formation? [...]

NSE to launch derivatives on Nifty Next 50 index from April 24

The exchange will offer three serial monthly index futures and index options contract cycles [...]

India must invest more in education, health to capitalise on demographic dividend: IMF

If India wants to benefit from population being added to the labour force, it has to prioritise substantially higher spending on both education and health, says Krishna Srinivasan, who directs the IMF’s Asia and Pacific Department [...]

Election-bound Tamil Nadu among top States in many socio-economic measures: Data

The State has recorded holistic development with its economic might translating to better educational and health-related outcomes [...]

Maldivians give Muizzu a clear mandate and control over Parliament

While many voters are registered with opposing parties, they seem to have preferred to give Muizzu a chance to complete his agenda. [...]

‘Their intention is not to probe but to torture, harass, defame Kejriwal, and finish AAP’: Sanjay Singh

The APP leader vehemently defends party supremo Arvind Kejriwal against accusations, and alleges a conspiracy to undermine him. [...]

INDIA bloc gathers steam in Rajasthan

For BJP, equipped with resources, star campaigners, and the Modi factor, retaining all 25 or over 50 per cent of seats is proving to be a challenge. [...]

‘Many prominent families are returning to anti-BJP fold’: Shahu Chhatrapati

The Congress candidate for Kolhapur Lok Sabha seat says people have realised the need to counter the authoritarian tendencies existing in India today. [...]

Life in the raw: Review of the exhibition, Raghu Rai: A Thousand Lives—Photographs from 1965-2005

Stories of grandeur, religious experiences and political ambition jostle with those of everyday ecstasies, hardships, sorrows, humour, even ennui. [...]

We need to talk about caste when we talk about menstrual justice

Caste bias inflicts harsher menstrual taboos on Dalit and minority communities in India’s patriarchal society. [...]

‘The election is an opportunity to end silence in Kashmir’: Waheed-ur-Rehman Parra

The PDP leader, who is contesting from Srinagar, says the Lok Sabha election is an occasion to connect with people after a huge political vacuum. [...]

Dubai’s devastating floods prompt urgent climate adaptation questions

As climate change amplifies the frequency and intensity of such calamities, experts urge governments to reassess their preparedness strategies. [...]

The Uralungal phenomenon: How a workers’ cooperative from Kerala defied caste, class barriers to become a model for the world

A unique model of labour contract society, the ULCSS, which just turned 100, proved economic success and worker welfare can go hand-in-hand. [...]

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