Economics

Policy to double agri exports approved

Separately, the Cabinet also gave its ‘in-principle’ approval for the strategic sale of the government’s existing 52.63% total paid-up equity shareholding in Rural Electrification Corporation to the Power Finance Corporation, along with the transfer of management control. “In my Budget speech, I had said that where multiple PSUs are operating …

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RBI leaves key rate unchanged

Policy doesn’t go down well with markets; rupee takes a hit Ahead of the festival season, consumers have been spared the burden of another increase in their EMIs (equated monthly instalments), thanks to the Reserve Bank of India holding its key rate unchanged at 6.5% in its policy review announced …

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Coffee Board to discuss flood impact on growers

Stresses need for special package for rain-affected crops A high-level meeting will be held on Monday at the Coffee Board to discuss the impact of the floods on coffee-growers, a majority of whom are small cultivators. The meeting is likely to be attended by senior officials of the Union Commerce …

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Deja vu? But things seem better than in 2013

External developments need to be watched, though. Oil prices and exchange rate volatility can sting beyond endurance Those with a long memory must be consumed by a sense of deja vu over developments in the past few weeks. In many ways, the present turbulent times are reminiscent of what happened …

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Yojana brings out issue on jobs

At a time when the Opposition is using the dipping employment data as a stick to beat the government with, the Information and Broadcasting Ministry has brought out a special issue of its annual journal, Yojana , on “Employment and self-employment”. The issue reportedly aims at clearing the air on …

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