Economy Politics

As overall demand and output shrank in June for the first time in 11 months, manufacturing firms extended their record job cutting spree, albeit at a slower pace

Updated : Jul 1, 2021

India's factory activity contracts for first time since 11 months in June

The Nikkei Manufacturing Purchasing Managers' Index, compiled by IHS Markit, declined to an 11-month low of 48.1 in June from May's 50.8

The Green Tribunal has also asked CPCB to suggest monitoring mechanism for API residue through a credible system so as to cover all pharma industries in the country discharging API residue directly or indirectly in river systems

Updated : Jul 1, 2021

NGT pulls up Himachal's pollution control board over discharge of antibiotics residue into waterbodies

The tribunal on June 23 asked a joint committee consisting of a nominee of Environment Ministry, Central Pollution Control Board (CPCB), HPPCB and District Magistrate, Solan to conduct inspection of the Baddi-Barotiwala-Nalagarh (BBN) area

The State would earn a revenue of Rs 783 crore over 10 years in the form of various taxes, while the direct employment alone is expected to infuse over Rs 2,200 crore every year

Updated : Jul 1, 2021

Andhra launches IT policy for 2021-24, expected to create over 55,000 jobs

The State Cabinet, chaired by Chief Minister Y S Jagan Mohan Reddy, approved the new policy, which is also expected to create 1.65 lakh indirect employment

Updated : Jul 1, 2021

LPG prices hiked again; check out latest rates in your city

Prior to this, prices were jacked up in January, February, March but fell by Rs 10 in April. Prices of 14.2 kg LPG cylinder were hiked by Rs 25 in January, February, and March respectively

Sanjeev Sanyal, Principal Economic Advisor to the Union Ministry of Finance

Updated : Jun 30, 2021

Economy recovering but may take longer to achieve $5 trillion goal, says Sanjeev Sanyal

"Of course, disruptions will be there. We had set a target of becoming a USD 5 trillion economy by 2024-25. It may take an additional year or so to achieve this," said Sanjeev Sanyal

Poonawalla said he has taken up the travel issues being faced by Indians vaccinated with Covishield with regulators as well as at a diplomatic level with countries.

Updated : Jun 30, 2021

Covishield left out of EU travel list: Poonawalla to take up issue, hopes for quick resolution

While Vaxzevria, COVID-19 vaccine developed by AstraZeneca-Oxford, produced in Europe and UK is likely to be part of the vaccine passport, Covishield has been left out.

Prime Minister Narendra Modi to speak on National Doctors' Day

Updated : Jun 30, 2021

PM Modi to address medical fraternity on National Doctors' Day tomorrow

The Doctors' Day is observed in the honour of noted doctor and former West Bengal chief minister Bidhan Chandra Roy, whose birth and death anniversaries fall on July 1

Updated : Jun 30, 2021

GST milestone in India's economic landscape, reduced compliance burden: PM Modi

With the Goods and Services Tax (GST) regime completing four years, Prime Minister Modi added that it has also significantly increased transparency, compliance and overall collection

SC also directed the authorities to issue guidelines for simplifying the process of issuing death certificates for COVID-19 fatalities.

Updated : Jun 30, 2021

SC gives NDMA 6 weeks to decide minimum compensation for families of COVID-19 victims

The court said that while it cannot direct the Centre to fix a particular amount of financial help, the government can fix the minimum standard of amount to be paid as ex-gratia.

Updated : Jun 30, 2021

Nirav Modi renews UK extradition appeal, hearing on July 21

Modi's lawyers had five days to file a renewal application seeking an oral hearing to plead the case for permission to appeal against the extradition ordered by UK Home Secretary Priti Patel on April 16

Updated : Jun 30, 2021

FM Sitharaman, US Treasury Secretary Janet Yellen discuss global minimum tax

"Yellen discussed that the US and India have a shared interest in implementing a robust global minimum tax", said the Department of Treasury

Updated : Jun 30, 2021

FM Sitharaman asks ministries to surpass capex target set for FY22

"While reviewing the capital expenditure performance of the ministries and their CPSEs, the Finance Minister emphasised that enhanced CAPEX will play a critical role in revitalising the economy post-pandemic and encouraged the ministries to front-load their capital expenditure," the finance ministry said

Updated : Jun 30, 2021

Possible use of weaponised drones for terrorist activities calls for serious attention: India at UN

Special Secretary (Internal Security), Ministry of Home Affairs in the Government of India, V S K Kaumudi said, 'another add-on' to 'existing worries' is the use of drones

Updated : Jun 29, 2021

'Boycott China' flops: Mainland China overtakes US to become India's largest trade partner in FY21

China was the only major country to post a growth in trade with India in the fiscal when the latter's overall trade declined over 13 per cent to $684.77 billion

Kant was appointed as the CEO of the National Institution for Transforming India (Niti Aayog) on February 17, 2016, for a fixed two-year term

Updated : Jun 29, 2021

NITI Aayog CEO Amitabh Kant gets another extension till June 2022

The Appointments Committee of the Cabinet has approved the extension in tenure of Kant for a further period of one year beyond June 30, 2021 i.e upto June 30, 2022 or until further orders, read a Personnel Ministry order

Updated : Jun 29, 2021

Woes mount for Air India as Devas joins Cairn to seize airline's assets abroad

The recent move by Devas eyeing Air India's assets is likely to delay the privatisation of the debt-ridden airline that the Centre has been trying to sell for the past few years

Bhalla said with the decline in the number of active coronavirus cases, many states have started relaxing the restrictions

Updated : Jun 29, 2021

Home Ministry asks states to focus on five-fold strategy of COVID-19 management

Union Home Secretary Ajay Bhalla said the process of relaxing the restrictions should be "carefully calibrated", and prompt and targeted action needs to be taken by the states, in line with the advisory issued by the MHA

SC also directed the states, UTs to run community kitchens for migrant workers till the COVID pandemic continues

Updated : Jun 29, 2021

Supreme Court directs states, UTs to implement 'one nation, one ration card' scheme by July 31

A bench of justices Ashok Bhushan and M R Shah issued a slew of directions on a plea of three activists seeking directions to the Centre and states to ensure food security, cash transfers and other welfare measures for migrant workers

Against a generation of 5.87 crore e-way bills in April, only 3.99 crore e-way bills were generated in the month of May

Updated : Jun 29, 2021

June GST collection may miss Rs 1 lakh crore-mark for first time in eight months

According to GST Networks (GSTN), the technology backbone of GST, e-way bills witnessed a 30 per cent decline in May over April

This is being implemented with the support of National Rural Livelihood Mission (NRLM) and its network of State Rural Livelihood Mission (SRLM)

Updated : Jun 29, 2021

Centre disburses Rs 25.25 cr seed capital to SHGs in first year of PMFME

The Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) aims to enhance the competitiveness of existing individual micro-enterprises in the unorganised segment of the food processing industry and promote formalisation of the sector

The complaint was against Twitter Inc and Twitter Communication India Private Ltd., the police said

Updated : Jun 29, 2021

Delhi Police registers FIR against Twitter for allowing access to child pornography

The case has been registered under relevant provisions of the Indian Penal Code (IPC), the Protection of Children from Sexual Offences (POCSO) Act and the IT Act, officials said.

Economy Politics

India's factory activity contracts for first time since 11 months in June

NGT pulls up Himachal's pollution control board over discharge of antibiotics residue into waterbodies

Andhra launches IT policy for 2021-24, expected to create over 55,000 jobs

LPG prices hiked again; check out latest rates in your city

Economy recovering but may take longer to achieve $5 trillion goal, says Sanjeev Sanyal

Covishield left out of EU travel list: Poonawalla to take up issue, hopes for quick resolution

PM Modi to address medical fraternity on National Doctors' Day tomorrow

GST milestone in India's economic landscape, reduced compliance burden: PM Modi

SC gives NDMA 6 weeks to decide minimum compensation for families of COVID-19 victims

Nirav Modi renews UK extradition appeal, hearing on July 21

FM Sitharaman, US Treasury Secretary Janet Yellen discuss global minimum tax

FM Sitharaman asks ministries to surpass capex target set for FY22

Possible use of weaponised drones for terrorist activities calls for serious attention: India at UN

'Boycott China' flops: Mainland China overtakes US to become India's largest trade partner in FY21

NITI Aayog CEO Amitabh Kant gets another extension till June 2022

Woes mount for Air India as Devas joins Cairn to seize airline's assets abroad

Home Ministry asks states to focus on five-fold strategy of COVID-19 management

Supreme Court directs states, UTs to implement 'one nation, one ration card' scheme by July 31

June GST collection may miss Rs 1 lakh crore-mark for first time in eight months

Centre disburses Rs 25.25 cr seed capital to SHGs in first year of PMFME

Delhi Police registers FIR against Twitter for allowing access to child pornography

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