Page 28 - Arup Roychoudhury

Air India sale back on table, govt may divest entire stake in carrier

Taking lessons from last year's failed privatisation attempt, the government is unlikely to hold any residual stake in the airline

PM Modi meets Jaitley after he opts out of Cabinet citing poor health

No word on meeting's outcome; in letter to Modi, outgoing FM said he needed time to concentrate on his health

Why the FY20 fiscal targets are a long stretch for Modi 2.0 govt

The Street will take a higher fiscal deficit in its stride as long as the govt is transparent and realistic about its projections

Govt may roll over Rs 62,000 cr in fuel, fertiliser subsidies to FY21

The measure has been necessitated because the Centre anticipates a shortfall in tax revenues this year

PM Narendra Modi starts pre-Budget meets to brainstorm on economy

The focal point of the interaction was drawing a road map for reforms across departments leading up to the ease of doing business and economic growth

Shaktikanta Das reiterates growth forecast in new FM's first FSDC meet

Das also said the Bimal Jalan panel, tasked with defining guidelines for transferring the central bank's excess capital to the government, will submit its report by the end of the month

Co-op banks, audit firms and HFCs: All victims of ineffective supervision

Gaps in the regulatory system exist because the body tasked with overseeing them is toothless, or there is confusion about who oversees certain firms, or regulators simply don't exist in some cases

Sitharaman, Hardeep Singh Puri likely to be in new GoM for Air India sale

The government is planning to liberalise the terms and conditions for the sale of the national carrier

EAC-PM takes on former CEA Arvind Subramanian's paper on India's GDP

In a research paper, Subramanian has said that India's real GDP growth was more likely to have been 3.5-5.5 per cent in 2011-2016

Former CEA Arvind Subramanian says GDP growth inflated, govt disagrees

This has reignited the debate on the accuracy of India's GDP numbers in particular, and has once again highlighted the inefficiencies in the estimation of national accounts in general

PM Modi rejigs NITI Aayog, retains most members; Rajiv Kumar stays as V-C

Amit Shah, 3 others now ex-officio members

Govt makes highest-ever expenditure cut of Rs 1.4 trillion for FY19

The compression, comprising cuts and rollovers, represented almost double of what was done in the previous year, and around 6 per cent of the amount pegged in the RE

National artificial intelligence unit stuck for lack of anchor department

India, despite its vast and diverse data sets, a prerequisite for robust AI systems, is not part of many mainstream discussions and deliberations on AI

PM Modi's first cabinet meeting rolls out funds for farmers, traders

PM-Kisan extended to all farmers; pension scheme cleared for both

Modi govt meets revised fiscal deficit target of 3.4% for 2018-19

The revenue deficit for the entire FY19 came in at 108.2% of the full year target, compared to 102% for FY18

From BJP spokesperson to finance minister, the rise of Nirmala Sitharaman

Known as a no-nonsense minister, the Rajya Sabha member's political graph is steep

Top on agenda: Easing E&P norms, getting petro products under GST

The new government may also introduce a separate scheme for revival of stranded gas-based power projects

Land reforms, tax reduction: How Modi govt plans to spur economic growth

A raft of measures is being readied, including cutting land, labour and capital costs

Modi 2.0: Govt mulls steps to lift demand, to focus on lowering I-T rates

The crucial issue would be how fiscal deficit will be affected if the government lowers income tax rates further

Arun Jaitley holds meeting on next budget amid rumours of ill health

Officials present at the meeting said Jaitley was in good health and looked fit to join the cabinet of the NDA government's second tenure