The maiden auction of critical minerals by the Centre has faced a setback with close to seven blocks, including the lithium block in Jammu & Kashmir (J&K), finding almost no takers. These seven blocks pertain to critical minerals, such as Glauconite, Graphite, Nickel, Platinum Group Elements (PGE), Potash, Lithium, and Titanium. They are… Continue reading In first critical mineral auction, no bidder for J&K lithium block | Economy & Policy News
Tag: policy
Rupee expected to regain its lost ground against Dollar in April: BS Poll | Economy & Policy News
The rupee, having depreciated 0.6 per cent against the US dollar in March, so far, is likely to rebound in April, largely on the back of foreign inflows ahead of India’s government bond inclusion into JP Morgan’s Government Bond Index-Emerging Markets (GBI-EM), set to begin at the end of June 2024. By the… Continue reading Rupee expected to regain its lost ground against Dollar in April: BS Poll | Economy & Policy News
Crude oil rises as heightened geopolitical risks exacerbate supply concerns | Economy & Policy News
Oil prices rose in Asian trading on Monday on concerns over tighter global supply brought about by escalating conflicts in the Middle East and between Russia and Ukraine, while a shrinking US rig count added to upward price pressure. Brent crude futures climbed 39 cents, or 0.5 per cent, to $85.82 a barrel… Continue reading Crude oil rises as heightened geopolitical risks exacerbate supply concerns | Economy & Policy News
EAM Jaishankar, Singapore’s trade minister discuss semiconductors, space | Economy & Policy News
External Affairs Minister S Jaishankar held a meeting with Singapore’s Minister of Trade and Industry Gan Kim Yong and discussed trade, semiconductors, space, green energy, supply chains and defence. In a post on X, Jaishankar stated, “Started the day by meeting Singapore Minister of Trade and Industry Gan Kim Yong. Discussed trade, semiconductors,… Continue reading EAM Jaishankar, Singapore’s trade minister discuss semiconductors, space | Economy & Policy News
Infrastructure takes centre stage as ministers ready Lok Sabha poll pitch | Economy & Policy News
With infrastructure development being one of the foremost pitches made by the Bharatiya Janata Party (BJP) for the upcoming Lok Sabha elections, its ministers manning these crucial departments have prepared talking points which they aim to amplify in their campaigning. Key infrastructure sectors — from railways to power, and from coal… Continue reading Infrastructure takes centre stage as ministers ready Lok Sabha poll pitch | Economy & Policy News
Fresh formal job creation slows down in January, shows EPFO data | Economy & Policy News
The formal labour market in January experienced a slowdown as fewer fresh jobs were created during the month, the latest payroll data released by the Employee Provident Fund Organisation (EPFO) on Sunday shows. In January 2024, the number of new monthly subscribers under the Employees’ Provident Fund (EPF) declined by nearly 4 per… Continue reading Fresh formal job creation slows down in January, shows EPFO data | Economy & Policy News
Adani Ports, PSA, JSW sets sight on Rs 7,000 crore Tuticorin project | Economy & Policy News
A Rs 7,056 crore outer harbour project by VO Chidambaranar (VOC) Port in Tuticorin is garnering interest from domestic and global majors in the sector, such as Adani Ports and Special Economic Zone, Singapore’s PSA International, Dutch major Van Oord, JM Baxi, and JSW, among others, according to sources close to the development. … Continue reading Adani Ports, PSA, JSW sets sight on Rs 7,000 crore Tuticorin project | Economy & Policy News
FTA talks with South African bloc may begin after new govt takes over | Economy & Policy News
Premium Illustration: Ajay Mohanty Discussions for a free-trade agreement (FTA) between India and the five-member South African Customs Union (SACU) nations may begin after the new government takes over in June, two people aware of the matter said. The customs union includes South Africa, Namibia, Botswana, Lesotho and Eswatini. After the Lok… Continue reading FTA talks with South African bloc may begin after new govt takes over | Economy & Policy News
DPI, tax code make India attractive investment destination: WEF official | Economy & Policy News
A combination of policy changes such as bankruptcy law and taxation code and the enabling environment created by the digital public infrastructure has made India an attractive investment destination for the financial technology sector, a senior World Economic Forum (WEF) official said. In a video interview with PTI, Matthew Blake, Head of the… Continue reading DPI, tax code make India attractive investment destination: WEF official | Economy & Policy News
EV Policy subsidy to continue till new one notified: Delhi minister
Delhi’s electric vehicle policy has so far achieved around 86 per cent of its measures and targets, the transport department said in May. Delhi Transport Minister Kailash Gahlot on Monday announced that subsidy benefits under the existing Electric Vehicle Policy will continue till a new one gets notified. The Delhi Electric Vehicle Policy,… Continue reading EV Policy subsidy to continue till new one notified: Delhi minister