Page 1298 - Economy & Policy News
GST Council may deliver blow to food-delivery operators Swiggy, Zomato
Many restaurants are not depositing GST, while some are not even registered
 "GST Council may deliver blow to food-delivery operators Swiggy, Zomato")
Coconut oil in less than 1-litre bottle may soon attract 18% GST
Coconut oil sold in a container of 1,000 ml or above would be taxed as edible oil and attract 5 per cent GST
 "Coconut oil in less than 1-litre bottle may soon attract 18% GST")
UP investments show double-engine govt benefits: PM Narendra Modi
PM said the Lucknow node of the project would soon witness an investment of Rs 9,000 crore for the manufacture of BrahMos missile systems
 "UP investments show double-engine govt benefits: PM Narendra Modi")
Finance ministry gives nod to 11 states to borrow additional Rs 15,721 cr
The Finance Ministry has permitted 11 states to borrow an additional amount of Rs 15,721 crore after these states achieved the capital expenditure target set for the June quarter.
 "Finance ministry gives nod to 11 states to borrow additional Rs 15,721 cr")
Fearing WTO backlash, govt puts on hold textile PLI export targets
Govt officials say they are cautious as they don't want to be trapped in the WTO quagmire
 "Fearing WTO backlash, govt puts on hold textile PLI export targets")
Amid WFH burnout, Indian professionals want to return to office: Survey
LinkedIn launched findings of the 'Future of Work' study by Censuswide that focuses on the insights of 1,108 respondents in the age group of 16 to 68, who have worked from home during Covid
 "Amid WFH burnout, Indian professionals want to return to office: Survey")
India, UK aim to launch FTA negotiations by November 1
Both countries are looking at an interim agreement by March 2022, which will be followed by a comprehensive FTA
 "India, UK aim to launch FTA negotiations by November 1")
India needs $8 trn in greenfield assets to become $5 trn economy: Deloitte
Says country can aim to attract greater FDI into seven capital-intensive sectors that have contributed $181 billion of merchandise exports in FY21
 "India needs $8 trn in greenfield assets to become $5 trn economy: Deloitte")
North, south markets lead India's retail recovery, says survey
After a massive disruption during the second wave of Covid-19, retail activities in the country have started recovering steadily
 "North, south markets lead India's retail recovery, says survey")
As inflation eases, RBI to continue with accommodative stance: Economists
The August consumer price index inflation print came at 5.3 per cent, lower than the consensus of 5.6 per cent.
 "As inflation eases, RBI to continue with accommodative stance: Economists")
Exports surge 45.8% in Aug to $33 bn; trade deficit widens to $13.8 bn
Merchandise imports continued to widen at $47.09 billion in August
 "Exports surge 45.8% in Aug to $33 bn; trade deficit widens to $13.8 bn")
High fuel prices push up August WPI inflation to 11.39%
WPI inflation rose marginally even as retail inflation measured by Consumer Price Index slipped to a four-month low of 5.30 per cent as prices of manufactured products spiked
 "High fuel prices push up August WPI inflation to 11.39%")
Consolidation in India's residential real estate set to gain ground
Top listed players eyeing higher market share
 "Consolidation in India's residential real estate set to gain ground")
MCA, Finance Ministry hammer out key changes to IBC at review meet
The IBBI has said that the CoC functions in an unregulated environment
 "MCA, Finance Ministry hammer out key changes to IBC at review meet")
Down the pipeline: India's struggle with asset monetisation
Govt plan to raise Rs 6 trillion by offering roads, railway stations, airports and other assets could be hard to achieve
 "Down the pipeline: India's struggle with asset monetisation")
Govt to bring regulations to make inter-country adoptions under HAMA easier
In a bid to ease inter-country adoptions, the Central Adoption Resource Authority has framed regulations under the Hindu Adoptions and Maintenance Act on the direction of the Union government
DDA to set up enquiry board to consider objections, suggestions on MPD 2041
Delhi Lieutenant Governor Anil Baijal on Tuesday directed constitution of a board of enquiry for hearing and considering objections and suggestions of the public on the draft Master Plan of Delhi 2041
 "DDA to set up enquiry board to consider objections, suggestions on MPD 2041")
UNSC resolution should guide world's response to Afghan crisis: India
India said that the global approach to address the Afghan crisis must be guided by the recent UN Security Council resolution demanding that territory of Afghanistan must not be used for terrorism
 "UNSC resolution should guide world's response to Afghan crisis: India")
Agriculture ministry signs 5 MoUs to promote digital tech in farm sector
Agriculture Ministry signed five MoUs with CISCO, Ninjacart, Jio Platforms, ITC and NCDEX e-Markets to conduct pilot projects for promotion of digital tech and other best practices in farm sector
 "Agriculture ministry signs 5 MoUs to promote digital tech in farm sector")
Hike tax on tobacco to reduce affordability, protect children: K'taka body
Consortium for Tobacco-Free Karnataka and other organizations working on tobacco regulation on Tuesday urged the GST council to hike the compensation cess on all tobacco products
 "Hike tax on tobacco to reduce affordability, protect children: K'taka body")