Economy News ( English version)

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  • Focus on capex: Centre removes monthly spend caps April 22, 2021
    The objective of the latest directive is to facilitate allocation of additional funds from the department of economic affairs’ discretionary corpus of Rs 44,000 crore to those departments who show good progress in capex.
  • Mineral auctions: How fair is the game? April 22, 2021
    The Mines and Minerals (Development and Regulation) Amendment Act, 1957, was amended in 2015 to address the Supreme Court's three major concerns in the mineral asset allocation process – transparency, fairness, and objectivity – and introduced a system of auctions.
  • Winter Crop: Mandi rates at MSP or above April 22, 2021
    If mandi prices of most rabi crops ruled below their minimum support prices (MSPs) during March, the prices have firmed up since
  • Agri exports up 19% in April-February of FY21 April 21, 2021
    Agriculture and allied products worth Rs 2.74 lakh crore were exported in the first 11 months of last fiscal against Rs 2.31 lakh crore in the year-ago period, up 18.6%, while imports marginally increased by 3% to Rs 1.41 lakh crore.
  • Covid-19 surge: FM Sitharaman asks industry to wait & watch for next few days April 21, 2021
    Along with the new vaccination guidelines and with the five-fold strategy adopted in handling the Covid cases — test, track, treat, Covid-19 protocols and vaccination — there will be a sense of reassurance, Sitharaman said.