India’s installed solar power capacity, as of December 31, 2021, was 49.35 GW as against the target of 100 GW in seven years starting from 2014-15 under the National Solar Mission (NSM), the Economic Survey 2021-22 said. New Delhi, Jan
Economic shock of the pandemic has been “weathered well” by India’s commercial banking system so far, said the Economic Survey 2021-22. New Delhi, Jan 31 (IANS) Economic shock of the pandemic has been “weathered well” by India’s commercial banking system so
Excess liquidity, coupled with stalled insolvency processes. are expected to bring in long-term risks in the economy, the Economic Survey 2021-22, tabled in the Parliament on Monday, said. New Delhi, Jan 31 (IANS) Excess liquidity, coupled with stalled insolvency processes. are
As India doubles down on local manufacturing of electronics hardware, the country saw an investment of Rs 2,595 crore and production worth Rs 67,275 crore under the Production Linked Incentive (PLI) scheme for large-scale electronics manufacturing, of which, 31 per
An important theme of this years Economic Survey is the use of new forms of data and information for tracking economic activity and development New Delhi, Jan 31 (IANS) An important theme of this years Economic Survey is the use of
Reforms undertaken in the telecom sector are expected to boost 4G proliferation and infuse liquidity, said the Economic Survey 2021-22. New Delhi, Jan 31 (IANS) Reforms undertaken in the telecom sector are expected to boost 4G proliferation and infuse liquidity, said
As of December 2021, a total of 363 projects worth Rs 30,841.53 crore have been sanctioned under the Namami Gange Mission (NGM), Economic Survey 2021-22 data released on Monday showed. New Delhi, Jan 31 (IANS) As of December 2021, a total
As of end-November 2021, India was the fourth largest foreign exchange reserves holder in the world after China, Japan, and Switzerland, the Economic Survey 2021-22 has noted. New Delhi, Jan 31 (IANS) As of end-November 2021, India was the fourth largest
To achieve $5 trillion GDP by 2024-25, India needs to spend about $1.4 trillion over these years on infrastructure, said the Economic Survey 2021-22 New Delhi, Jan 31 (IANS) To achieve $5 trillion GDP by 2024-25, India needs to spend about
Among the various factors which may have led to a big increase in corporate tax collection, improved profitability of the corporates, formalisation of the economy and improved compliance due to tax reforms are noteworthy, the Economic Survey for 2021-22 noted.
New Delhi, Jan 31 (IANS) State-run OMC IndianOil on Monday reported a rise in its Q3FY22 net profit on a year-on-year basis. The net profit rose to Rs 5,861 crore from Rs 4,917 crore reported for the corresponding quarter of FY
Mumbai, Jan 31 With the recovery gaining traction, Oct-Dec 2021 quarter saw the petroleum product consumption in India echoing the pre-COVID levels. The already volatile crude oil marketwitnessed sharp price fluctuations with the crude prices continuing to trade at 7-year high
New Delhi, January 31, 2022: Punjab National Bank (PNB), and Patanjali Ayurved Limited (PAL) have launched co-branded credit cards in partnership with the National Payments Corporation of India (NPCI). The co-branded credit cards are offered on NCPI’s RuPay Platform and
New Delhi, Jan 31 (IANS) The reduction in excise duty on petrol and diesel provided relief to the consumers, the Economic Survey 2021-22 said. The Centre in early November slashed excise duties on petrol and diesel by Rs 5 and Rs
New Delhi, Jan 31 (IANS) India will comfortably meet its fiscal deficit FY22 target on the back of a strong rebound in revenues, said the Economic Survey 2021-22. “The fiscal support given to the economy as well as to the health
New Delhi, Jan 31 (IANS) The Indian Railways (IR) has set a target of 100 per cent electrification of its network by December 2023, said economic survey 2021-22. To achieve this target with creation of other infrastructure in the sector, the
New Delhi, Jan 31 (IANS) The impact of the second wave of Covid-19 on GST collection was much more muted than the impact of the nationwide lockdown during the first wave, The Economic Survey for 2021-22 noted. After falling during the
New Delhi, Jan 31 (IANS) Agriculture and the allied sector proved to be the most resilient to the Covid-19 shock as it registered a growth of 3.6 per cent in 2020-21 and improved to 3.9 per cent in 2021-22, driving the
Chennai, Jan 31 (IANS) Increasing number of Indian residents are now applying for patents as against the multi-national companies (MNC) despite the odds like low expenditure on research and development (R&D), procedural delays and complexities, inadequate patent examiners and the absence
New Delhi, Jan 31 (IANS) India’s total exports during FY22 are expected to grow by 16.5 per cent, thereby surpassing the pre-pandemic levels, the Economic Survey tabled in the Parliament on Monday said. India’s exports of both goods and services have
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