Economy News ( English version)


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  • Finance Minister on Day 1: Pledges more steps to ensure 'ease of living'; reforms drive to continue June 13, 2024
    Finance minister Nirmala Sitharaman has expressed optimism for India's economic outlook, stating that reform momentum will continue to spur growth and ensure macro-economic stability. She has emphasized India's "commendable growth story" amid global turmoil and pledged more steps to ensure ease of living. The Indian economy has seen an av […]
  • Inflation cools in May, IIP dips in April June 12, 2024
    Economists contend that despite the marginal drop in consumer inflation, the Reserve Bank of India (RBI) will keep rates on hold until the second half of the year until there is clarity on food inflation risks. Retail inflation was 5% in April while food inflation printed at 8.7% in the month. Industrial production grew 5.4% in March.
  • ATM operators seek Rs 2 hike in interchange fee for viability June 12, 2024
    The Confederation of ATM Industry, or CATMI, wants this fee to be raised to a maximum of Rs 23 per transaction to ensure more funding commitment for the business.
  • Labour Codes: Secy to meet officials to take stock of state rules June 12, 2024
    The BJP-led NDA government is preparing to implement the four labour codes and will hold a meeting on June 20 with state labour secretaries and commissioners to review state rules. The aim is to align state rules with the Centre's model rules to ensure uniformity. Labour reforms are part of the government's 100-day agenda to enhance ease of doing b […]
  • Domestic market access for SEZs, SOP for trade pacts likely in 100-day plan June 12, 2024
    The commerce department is developing a 100-day action plan focusing on various key areas. This includes allowing Special Economic Zones (SEZs) to sell in the domestic market, setting up a comprehensive trade information platform, standard operating procedures for negotiating free trade agreements (FTAs), and establishing ecommerce export zones. The plan als […]

 

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