Economy and Business

UAE, Saudi Arabia can help India meet any oil deficit, says UAE envoy

Even as the US-imposed sanctions on Iran has put India’s energy security in jeopardy, United Arab Emirates Ambassador to India Ahmed Albanna has allayed fears of an oil shortage, saying his country as well as Saudi Arabia can fill in if supply from Iran is disrupted.

More on Economy and Business

The failure of our export enclaves

In 1980, the Export Oriented Unit (EoU) Scheme was launched in India to boost exports and increase production. Although a number of provisions and exemptions, including both fiscal and non-fiscal benefits, have been extended to the Scheme, the performance of EoUs has been far from satisfactory, particularly in the past few years.

 

What’s in a NAM?

The online National Agricultural Market can become a game changer only if it sorts out some critical offline challenges

Not just the RBI's prerogative

The Finance Act, 2016, amended the RBI Act, 1934, making flexible  inflation targeting the law. This quietly paves the way for the central bank to set the policy rate in collaboration with the Union Government so as to stabilise inflation around the targeted rate and the real economy.

 

Aadhaar based DBT pumps in Rs 61,284 cr, Jan Dhan accounts skyrocket

If the average balance in the country’s 219 million Jan Dhan accounts has more than doubled, from R795 in September 2014 to R1,735 in May 2016—according to IndiaSpend, the accounts themselves have quadrupled, from 53 million to 219 million—all the credit goes to the Aadhaar-based Direct Benefit Transfer scheme which pumped in R61,284 crore into them in FY16 for various scholarships and social benefit programmes.

Tweets about SAMonitor
SAM Facebook

In northeast India, water-management practices to deal with climate change

In a small village on the north bank of the Brahmaputra in Assam in northeast India, farmer Horen Nath stood gazing at his partially submerged paddy field. The floods had kept their annual date but mercifully, the farmer said, the waters have started receding. "The weather has become very strange of late. We always had ample rain,

Read more...

UAE, Saudi Arabia can help India meet any oil deficit, says UAE envoy

Even as the US-imposed sanctions on Iran has put India’s energy security in jeopardy, United Arab Emirates Ambassador to India Ahmed Albanna has allayed fears of an oil shortage, saying hi...

Read more...