Page 1309 - Economy & Policy News
Economy to see robust growth on back of structural reforms, capex push: CEA
GDP data re-affirms govt's prediction of an imminent V-shaped recovery, says K V Subramanian
 "Economy to see robust growth on back of structural reforms, capex push: CEA")
Economic growth may not hold if private spend dips, say economists
Economists say revival will hinge on govt spending, policy support
 "Economic growth may not hold if private spend dips, say economists")
Scheme for industrial development to make J-K self-reliant: Goyal
The central sector scheme for industrial development of Jammu and Kashmir will help in making the union territory self-reliant and push growth, union Minister Piyush Goyal said
 "Scheme for industrial development to make J-K self-reliant: Goyal")
Economic recovery to need both fiscal, monetary policy support: Experts
The government will have to act swiftly in correcting the protectionist stance and fast-tracking trade agreements, experts said on Tuesday.
 "Economic recovery to need both fiscal, monetary policy support: Experts")
FM urges young tax officers to give ideas to amplify tech use in I-T dept
Finance Minister Nirmala Sitharaman on Tuesday urged young tax officers to give new ideas to amplify use of technology in the functioning of the Income Tax Department.
 "FM urges young tax officers to give ideas to amplify tech use in I-T dept")
Off track: Declining operating ratio shows Railways' poor financial health
Railways' accounts reveal it spent Rs 98 to earn Rs 100 in 2019-20. Business Standard analysis shows accounting practices mask the actual operating ratio
 "Off track: Declining operating ratio shows Railways' poor financial health")
GIFT: Will takeover by Gujarat expedite work on Modi's utopian city?
Touted as India's offshore alternative to Singapore and Hong Kong, the IFSC, located in GIFT City, which is about a tenth of the size of Vatican City, offers many incentives to Indian businesses
 "GIFT: Will takeover by Gujarat expedite work on Modi's utopian city?")
Numbers reflect pandemic-hit economy has bounced back: India Inc
India Inc on Tuesday said the number reflects that the economy being hit by the pandemic has bounced back.
 "Numbers reflect pandemic-hit economy has bounced back: India Inc")
Jal Shakti Ministry short-lists innovation proposals for water supply
A government-constituted panel has short-listed six innovation and eight research and development proposals related to water supply
 "Jal Shakti Ministry short-lists innovation proposals for water supply")
Rs 50,000 cr to be invested in JK after launch of new scheme: Amit Shah
Union Home Minister Amit Shah said on Tuesday that Rs 50,000 crore is expected to be invested in Jammu and Kashmir after the unveiling of a new central scheme for industries
 "Rs 50,000 cr to be invested in JK after launch of new scheme: Amit Shah")
Revising UAE air service pact will hurt Indian airlines, spike fares: CAPA
Move could lead to aero-political dispute; clubbing separate agreements into one and capping number of seats could also see spike in airfares
 "Revising UAE air service pact will hurt Indian airlines, spike fares: CAPA")
Q1 GDP growth to set tone for economic revival in coming quarters: NITI VC
India's growth rebound in the first quarter of this fiscal will be the foundation of sustained expansion in successive quarters, Niti Aayog Vice Chairman Rajiv Kumar said on Tuesday
 "Q1 GDP growth to set tone for economic revival in coming quarters: NITI VC")
Top headlines: India's Q1 GDP grows 20.1%; PayU buys BillDesk for $4.7 bn
Business Standard brings you the top stories this evening
 "Top headlines: India's Q1 GDP grows 20.1%; PayU buys BillDesk for $4.7 bn")
All-India House Price Index slows to 2% in Q1, shows RBI data
The growth in all-India House Price Index (HPI) slowed to 2 per cent in the first quarter this fiscal against 2.8 per cent in the year-ago period, according to RBI data released on Tuesday
 "All-India House Price Index slows to 2% in Q1, shows RBI data")
Cauvery Authority dropped deliberation on Mekedatu after objection: TN Govt
The Cauvery Water Management Authority in its meeting in Delhi on Tuesday avoided discussion on the Mekedatu dam proposal of Karnataka after Tamil Nadu strongly objected to it, state government said
 "Cauvery Authority dropped deliberation on Mekedatu after objection: TN Govt")
India to see stronger growth on structural reforms, govt's capex push: CEA
GDP data for first quarter reaffirms govt's prediction of an imminent V-shaped recovery made last year, says CEA K V Subramanian
India's GDP growth accelerates to 20.1% in Q1FY22 on low base
The rebound came despite the drag from the deadly second wave of the coronavirus, which forced states across India to reimpose localised lockdowns
 "India's GDP growth accelerates to 20.1% in Q1FY22 on low base")
India not to be impacted by US Fed's likely liquidity taper: Govt official
India will not be impacted by the US Federal Reserve's move to tighten liquidity expected later this year, as India's macro-economic fundamentals are strong, CEA K V Subramanian said
 "India not to be impacted by US Fed's likely liquidity taper: Govt official")
India's April-July fiscal deficit reaches 21.3% of FY22 budget target
Net tax receipts were Rs 5.21 trillion while total expenditure was Rs 10.04 trillion
 "India's April-July fiscal deficit reaches 21.3% of FY22 budget target")
Indian aviation industry may incur losses worth Rs 26,000 cr in FY22: ICRA
Pandemic-hit Indian aviation industry is expected to report a net loss of Rs 25,000-26,000 crore while its debt level may increase to Rs 1.2 lakh crore in the ongoing fiscal year, ICRA said
 "Indian aviation industry may incur losses worth Rs 26,000 cr in FY22: ICRA")