Page 26 - Arup Roychoudhury

PM holds meet with Sitharaman and officials to weigh booster dose options

India's economic growth has slowed to 6.8 per cent in 2018-19 - the slowest pace since 2014-15, consumer confidence is waning and foreign direct investment has reached plateau

Economy could grow at over 6% in 2019-20: CEA Krishnamurthy Subramanian

A country like India, at the stage it is in its economic cycle, the key driver is investment, which eventually does affect consumption. And consumption is a force multiplier

Govt expands PM's Economic Advisory Council; appoints 3 part-time members

A notification by the Cabinet Secretariat announced the addition of Neelkanth Mishra, Nilesh Shah, Anantha Nageswaran's names as part-time members of the EAC-PM

In backdrop of Economics Nobel announcement, letter panning RCT surfaces

15 economists, including past Nobel laureates say relying on RCTs to guide welfare and aid spending will lead to short-term, superficial and misplaced policies

Explain Rs 60,000-crore buy outside GeM, FM Sitharaman tells PSUs

Top PSUs told to frontload capex to lift economic growth

Govt speeds up divestment plans on upbeat sentiment after tax cut

Sources also said the prevailing market sentiment, if it holds, would be conducive to the Centre's strategic sale and asset monetisation

Worst-case scenario is a 0.5% fiscal slippage: Ashima Goyal on tax cut

If towards the end of the year, government finds that the deficit is rising, then they may cut expenditure, Goyal said

Finance ministry clears NITI Aayog's artificial intelligence proposal

NITI Aayog had been asking for Rs 7,500 crore for three years to set up an AI framework

Round 3 of economic stimulus: tax break for exports, help for real estate

FM rolls out Rs 20,000 crore fund for affordable, unfinished homes

Finance panel won't accept Centre's GDP forecasts, says N K Singh

The medium-term fiscal policy statement, tabled as part of the Union Budget 2019-20, forecasts nominal GDP for 2019-20 to grow 11 per cent year-on-year

CPI inflation rises marginally to 3.2% in August on back of food prices

Among the food items, the sharpest YoY uptick was for vegetables at 6.9%, pulses and products at 6.94%, and meat and fish at 8.51%

100 days of Modi 2.0: Glut of bad news on economy belies reform hopes

Days after the new Modi government was sworn-in, the benchmark indices climbed to all-time highs

Finance ministry asks departments, PSUs to expedite capital expenditure

These capex reviews come just a day after Finance Minister Nirmala Sitharaman met representatives of the infrastructure sector

Govt may sell entire stake in BPCL worth Rs 40,000 cr, IOCL likely suitor

The senior leadership in the government has given its go-ahead to divesting the entire stake

NextGen PSBs: Govt unveils mega bank mergers to revive economic growth

10 banks to be merged into 4; Indian Bank & Allahabad to be one

Public sector banks merger: Modi govt to announce big bang plan soon

Finance ministry has called a meeting with chief executives of ten public sector banks on Friday

FDI norms eased for single brand retail, digital media, manufacturing

Exports to be factored in to meet 30% domestic sourcing norm

Mini Budget: FPI surcharge rolled back; no angel tax for start-ups

PSBs get Rs 70,000 crore; home, auto loans to become cheaper

Extraordinary steps needed to deal with financial sector stress : NITI V-C

Explaining the reason for the stress in the financial sector, Kumar said the slowdown started with indiscriminate lending during 2009-14, leading to rise in NPAs post 2014

BJP leaders to meet officials, economists to talk growth, demand slowdown

Former chief economic advisor Arvind Virmani and State Bank of India's group chief economic advisor Soumya Kanti Ghosh are likely to attend the event