Economic Affairs

Thursday, Apr 18, 2024 | Last Update : 08:41 PM IST

Finance Ministry issues modified circular on salary contribution to PM-CARES Fund

A circular issued on 17 April had urged officers and staff of inance ministry to contribute one-day's salary every month till March 2021

01 May 2020 10:16 AM

The rupee fell against the dollar as the greenback strengthened post Friday's upbeat US non-farm payroll data.

Bonds rally on government's plan to tap global market

The domestic currency closed lower by 23 paise at 68.65 on Monday compared to previous trading day's closing of 68.42.

09 Jul 2019 3:14 AM

The oil trade body has taken up the matter with the ministries of commerce and consumer affairs, food & public distribution and agriculture & farmer's welfare, urging them to allow exports of rapeseed oil/mustard oil in bulk quantity to support the price of mustard seed and thereby farmers.

Bulk export of mustard oil sought to help price

Analysts said that the persistent weakness in prices can be attributed to participants cutting down positions.

24 Jun 2019 8:59 AM

Railway Minister Suresh Prabhu (Photo: PTI)

Suresh Prabhu to head panel on rupee

The trade deficit was at a five-year high of $18.02 billion in July. It came down to $17.4 billion in August.

04 Oct 2018 12:56 AM

The electrification is likely to be completed by 2021-22. The major trunk routes on the railway network have already been electrified and are operational. (Representational Image)

Proposal for electrification of railway routes cleared

Following the electrification, there would be an estimated reduction in greenhouse gas emissions.

13 Sep 2018 2:54 AM

The government on Wednesday approved an over 25 per cent hike in the price of ethanol produced directly from sugarcane juice for blending in petrol in a bid to cut surplus sugar production and reduce oil imports.

Govt raises ethanol price for blending in petrol by 25 per cent

Diverting sugarcane juice for directly making ethanol, which can be doped in petrol, is common across the major sugar producing nations.

12 Sep 2018 5:49 PM

Note ban served its purpose, says Subhash Chandra Garg

When asked to elaborate on the objectives achieved, he said, “I don’t want to give a lecture on that”.

30 Aug 2018 1:48 AM

The rupee previously had closed at a record low of 70.16 to the dollar on Monday.

Rupee sinks to lowest ever level, 68-70 is new normal

The rupee has fallen by 10 per cent this year so far — making it the worst-performing currency in Asia.

30 Aug 2018 1:36 AM

BJP’s National media in-charge Anil Baluni

BJP hails Centre’s discount on pulses

The saffron party said the decision would directly benefit the poor and would strengthen the public distribution system in states.

11 Aug 2018 12:57 AM

The Cabinet Committee on Economic Affairs on Thursday gave its approval for continuation of Pradhan Mantri Gram Sadak Yojana (PMGSY) beyond the 12th five-year plan period.

Cabinet extends PM Gram Sadak Yojana beyond 12th five-year plan

The effort is towards boosting the rural road connectivity, Sitanshu Kar, Director General, PIB said in his tweet.

09 Aug 2018 5:07 PM

The government on Wednesday approved revised guidelines on time bound closure of sick and loss making central public sector enterprises and disposal of their movable and immovable assets. (Photo: ANI)

Govt clears new norms for time-bound closure of sick PSUs

The new norms will replace the guidelines issued by the Department of Public Enterprises in September, 2016.

06 Jun 2018 5:35 PM

A one-and-a-half rupee note on display; A silver coin with a Swastika motif.

Nostalgia on display at coin and stamp fair

Hundred stalls at Shukla Day Coin and Stamp show at World Trade Centre showcase coins dating as far back as 335 CE.

21 Apr 2018 12:16 AM

The government said there is a pause in printing of Rs 2,000 notes for now. (Photo: PTI)

ATMs go dry but pause on printing of Rs 2,000 notes

The government suspects Rs 2,000 notes were being hoarded and it plans to increase five-fold the printing of Rs 500 notes.

18 Apr 2018 12:13 PM

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Syed Ata Hasnain