Economic Development
2 min read
83

Andhra Pradesh joins hand with EESL for powering 1.5 lakh houses with energy efficient appliances

October 27, 2024
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Energy Efficiency Services Limited (EESL) has entered into a significant agreement with the Andhra Pradesh State Housing Corporation Limited (APSHCL) and Andhra Pradesh State Energy Efficiency Development Corporation Limited (APSEEDCO) to enhance energy efficiency in the state.  The agreement was signed late evening on Friday in the presence of Chief

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Economic Development
5 min read
150

Sustainable farming: The key to unlocking India’s carbon credit potential

October 27, 2024
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India, with its vast agricultural landscape and diverse agroclimatic zones, is uniquely positioned to play a central role in the global carbon credit revolution. As nations worldwide race to mitigate the impact of climate change, carbon credits — tradable permits that represent reduced greenhouse gas emissions — are becoming increasingly

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Economic Development
3 min read
79

Emerging economies must get equitable voice in global financial governance: Shaktikanta Das

October 26, 2024
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Reserve Bank of India (RBI) Governor Shaktikanta Das highlighted the need for reforms in the international financial system to address challenges faced by emerging economies and to adapt to the evolving global economic landscape. Das made these remarks during his address at the Macro Week 2024 event, organized by the

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Economic Development
2 min read
145

Pawfect buddies: Mumbai Airport revives emotional support dog program at Terminal 2

October 26, 2024
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Mumbai International Airport (MIAL) has reintroduced its ‘Pawfect’ program, bringing emotional support dogs back to Terminal 2 to assist travelers, airport officials announced. The initiative, which makes MIAL the only Indian airport offering such a service, features nine trained dogs including a Golden Retriever, a Maltese, a rescued Husky, Shih

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Economic Development
3 min read
118

Festive demand will help shrug off temporary slowdown, says RBI report, ETCFO

October 26, 2024
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Aggregate demand in India is poised to shrug off the temporary slowdown in momentum in the second quarter of 2024-25 as festival demand picks up pace and consumer confidence improves, Reserve Bank of India (RBI) said in its monthly bulletin for October 2024. “Rural demand is expected to get a

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Economic Development
3 min read
70

IMF, World Bank need to give emerging economies prominent role in decision-making processes: Shaktikanta Das, ETCFO

October 26, 2024
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Reserve Bank of India (RBI) Governor Shaktikanta Das highlightwhile addressing the Macro Week 2024 event in Washington called on global organisations such as World Bank and International Monetary Fund (IMF) to provide prominent role in decision-making processes to emerging economies. Das pointed out that institutions like the International Monetary Fund

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Economic Development
3 min read
105

Pre-paid vouchers constitute supply of ‘goods’, taxable at 18%, rules UPAAR

October 26, 2024
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Pre-paid vouchers can be treated at par with Sodexo vouchers or gift vouchers issued by Kalyan Jewellers and accordingly will attract GST at the rate of 18 per cent, Uttar Pradesh’s Authority for Advance Ruling (UPAAR) has ruled. “Supply of vouchers by the applicant are taxable at the rate of

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Economic Development
2 min read
297

Global Livestock Conclave to be held in Wayanad from Dec 20

October 26, 2024
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The Global Livestock Conclave, organised by Kerala Veterinary University with a focus on comprehensive development and productivity in the dairy and livestock sectors, has officially launched their website and brochure in Kochi. The website was launched by Pradeep Kumar, Vice Chancellor of Kerala University of Fisheries and Ocean Studies (KUFOS)

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Economic Development
4 min read
296

Part of India’s sugar export quota to Maldives ‘diverted’ to Sri Lanka, Malaysia

October 26, 2024
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Some Indian exporters have allegedly misused a part of the 64,494.33 tonnes of sugar allocated by the Centre to Maldives under a bilateral agreement between the two countries.  The Directorate-General of Foreign Trade (DGFT) had on April 5, 2024, issued a notification under the agreement permitting rice, wheat flour, dal,

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Economic Development
3 min read
162

Religare Enterprises clarifies IRDAI’s no-objection letter not a final regulatory nod for Burman family’s open offer

October 25, 2024
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Religare Enterprises Ltd (REL), currently at the centre of a corporate control tussle, asserted on Friday that IRDAI’s recent no-objection letter to the Burman family’s open offer for REL shares should not be interpreted as regulatory approval for the proposed acquisition of the diversified financial services group. This clarification aims

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