Economic Development
2 min read
4

India, US sign MoU for cooperation in cyber crime investigations 

January 18, 2025
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India and the US have signed an agreement to enhance cooperation in cybercrime investigations, per the Ministry of External Affairs. The Memorandum of Understanding (MoU) on cyber crime investigations will allow the respective agencies of the two countries to step up cooperation and training on use of cyber threat intelligence

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Economic Development
2 min read
12

FSSAI CEO says issues of added sugar, pesticides collective responsibility

January 18, 2025
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Food Safety and Standards Authority of India CEO G. Kamala Vardhan Rao has stressed upon the need for food business operators (FBOs) to adopt a rational approach regarding added sugars in food items. He stated this while addressing FBOs and other stakeholders at an event jointly organised by CII FACE and

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Economic Development
4 min read
13

Govt may outperform fiscal target at 4.8 per cent of GDP in FY’25 on lower capex, say foreign banks’ economists

January 18, 2025
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Ahead of budget 2025-26, Foreign banks, brokerages and consultancies expect the government to likely outperform on its FY25 fiscal consolidation target, closing the year at 4.8 per cent of GDP versus 4.9 per cent budgeted for the current fiscal.  The main reason for the outperformance could be weaker than budgeted public

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Economic Development
2 min read
15

₹67 cr budgetary allocation likely to tackle issues related to diseases in areca plants

January 18, 2025
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The Central government is likely to earmark ₹67 crore in the coming budget to implement the recommendations of the committee that studied issues arising from diseases in arecanut plantations. The Centre has asked the Karnataka government to earmark its share to tackle this issue. Addressing an arecanut growers’ meeting in

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Economic Development
3 min read
12

10-minute delivery is boosting Indian economy’s ‘brightening spot’, highlights RBI, ETCFO

January 18, 2025
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Quick Commerce: Image for representation Private final consumption is proving to be a key bright spot in India’s economic recovery, with e-commerce and quick commerce (q-commerce) playing a significant role, the Reserve Bank of India (RBI) stated in its recent bulletin. Calling consumption a “brightening spot”, the central bank emphasised

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Economic Development
3 min read
13

India’s economic growth poised to rebound as demand picks up: RBI bulletin, ETCFO

January 18, 2025
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Mumbai, Jan 18 (IANS) India’s economic growth is poised to rebound as domestic demand regains strength reflecting a resilience in consumption, supported by brighter agricultural prospects,” according to the RBI’s monthly bulletin for January. Mumbai, India’s economic growth is poised to rebound as domestic demand regains strength reflecting a resilience

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Economic Development
3 min read
4

Government may introduce new income tax bill in Budget session

January 18, 2025
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The government, in the ensuing Budget session of Parliament, is likely to introduce a new income tax bill which seeks to simplify the current I-T law, make it comprehensible and reduce the number of pages by about 60 per cent. Finance Minister Nirmala Sitharaman in her July Budget had announced

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Economic Development
2 min read
9

Dropping degree requirements, 30 per cent of Indian employers looking to shift to skills-based hiring: WEF

January 18, 2025
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In a transformative shift, around 30 per cent of Indian employers are looking to adopt skills-based hiring practices by removing degree requirements, a significant increase compared to the global figure of 19 per cent, said World Economic Forum (WEF) in its Jobs Report 2025. The evolving landscape in India reflects

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Economic Development
4 min read
11

The double-edged sword: Accelerating agri-lending amidst slowing agri GVA

January 18, 2025
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The Economic Survey for 2023-24 revealed a concerning reality: India’s agricultural sector, which contributes 17.7 per cent to the Gross Value Added (GVA), has been stagnating due to erratic weather patterns and uneven monsoon distribution. This highlights a troubling fact—agriculture is lagging behind in growth compared to the manufacturing and

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Economic Development
2 min read
10

Fog disrupts flight, train services in Delhi; AQI improves

January 18, 2025
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A layer of fog enveloped Delhi on Saturday morning, reducing visibility and disrupting traffic movement. Other parts of North India also witnessed dense fog condition this morning. Due to fog, train and flight services disrupted in the national capital with some flights, and several trains being delayed at Indira Gandhi

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