Page 42 - Arup Roychoudhury

Inflation cheer fades as factory output falters

CPI eases to 5-month low of 5%; IIP contracts by 2.4% in July, worst in 8 months

Bankers to manage Suuti stake sale for Rs 1

Citi, ICICI Sec, Morgan Stanley bag Rs 60,000-cr mandate

FRBM panel may advise govt against fiscal deficit range

Idea was to provide a flexibility to the government to deal with variables like global volatility, the monsoon, and slow private investment

Construction gets a liquidity boost

Cabinet relief for Rs 70,000 cr worth of stalled projects under dispute

Centre hikes minimum wages and bonus, trade unions not impressed

Left-leaning trade unions say they will proceed with the September 2 nationwide strike

New process to check, finance central schemes from FY18

Till now, these schemes were concurrent with the five-year plan periods, they'd now be in line with the five-year Finance Commission periods

Jaitley seeks funding for NIIF from US, UK

Jaitley pointed out that many Indian states were growing at 10-11 per cent and offered opportunity for US investment

Urjit Patel quits FRBM review panel, no plans for replacement: Sources

The panel is to suggest any changes required in the FRBM Act and recommend India's future fiscal road map

Govt panel to suggest ways to step up card transactions

The 11-member high-level panel has been tasked with reviewing the payment system in the country and suggest measures

Centre plans to shut seven PSUs at one go

Among them are likley to be Bird Jute and Exports, Hindustan Papers, Hindustan Photo Films, Tyre Corporation and Richardson & Cruddas

Revised DTAA between India and Cyprus gets nod

Rs 24,000-crore rail infrastructure projects in nine states get green signal for expansion of network and connectivity

Pace of NPA formation slowing down: Mundra

Mundra also said Urjit Patel's appointment as the next governor of RBI will ensure continuity of policy

Centre relaxes selection criteria for Suuti bankers

The new request for proposal (RFP) says Suuti will pick a panel of six investment bankers for three years based on merit

Lack of data a major hurdle in advancing Budget

If rail & Union Budgets are merged, FM will not read new trains & lines details

Govt searching for next LIC chief

Roy had written to the government to relieve him of his duties from June itself, for personal reasons

Patel's elevation may ease govt-RBI relations

Outgoing governor Raghuram Rajan is said to have shared a cordial relationship with PM Narendra Modi and Finance Minister Arun Jaitley

Union Budget in January end? Pros and cons

The proposal for a change in the budget presentation date was first mooted by some of the govt's senior most bureaucrats

How Modi govt chose Patel to succeed Rajan

The very fact that Patel has been in RBI as a deputy governor worked in his favour because an outsider might take longer to get familiar with RBI's functioning

Govt eases borrowing consent norms for states

Till now, states were required to obtain quarterly consent from the Centre for raising OMBs

Modi's statement on PSUs show preference for revival rather than sale

PM said that the government had succeeded in turning around loss-making public-sector behemoths like Air India and BSNL