Page 1591 - Economy & Policy News
BS READS: Farmers' protest -- Anti-corporate agitation takes anti-Modi turn
When the protests started, the anger was directed at large corporates with some hope of redress by the Centre. Now that hope seems to have dissipated
 "BS READS: Farmers' protest -- Anti-corporate agitation takes anti-Modi turn")
RBI likely to keep rates unchanged amid high inflation, signs of recovery
The six-member Monetary Policy Committee is forecast to hold the benchmark repurchase rate at 4% Friday
 "RBI likely to keep rates unchanged amid high inflation, signs of recovery")
Bank lending, deposit rates have bottomed out: SBI chief Dinesh Khara
Khara said SBI and other banks in the country were aware that the economy required softer rates to continue.
 "Bank lending, deposit rates have bottomed out: SBI chief Dinesh Khara")
Rejecting RCEP making it tough for India to raise exports: Experts
In 2019, these 15 RCEP countries' combined imports goods were worth $4.96 trillion
 "Rejecting RCEP making it tough for India to raise exports: Experts")
Centre says it's open to suggestions on farm Acts, but won't repeal them
The comments came a day before more than 30 farmers' groups are scheduled to meet Union Agriculture Minister Narendra Singh Tomar and Food Minister Piyush Goyal
After e-commerce, CCI looks at pharma sector to unlock competition
Will study the role of trade associations and e-pharmacies in supply chain and whether they're distorting competition
 "After e-commerce, CCI looks at pharma sector to unlock competition")
RSS affiliate backs protesting farmers, says new acts only favour companies
While Bhartiya Kisan Sangh has pointed to lacunae in the farm laws, Swadeshi Jagaran Manch voices opposition as well
 "RSS affiliate backs protesting farmers, says new acts only favour companies")
Will meet $1-trn export target by '25, says Goyal; industry seeks more help
The Board of Trade, under the Department of Commerce, comprises senior officials of key ministries, representatives of states and industry and trade promotion bodies
 "Will meet $1-trn export target by '25, says Goyal; industry seeks more help")
India's exports fell 9% in Nov, in second straight month of decline
Outbound shipments in November this year stood at $23.43 billion, against $25.77 billion in the same month a year earlier
 "India's exports fell 9% in Nov, in second straight month of decline")
ICICI Bank, Indian Bank at risk of becoming 'fallen angels', warns S&P
S&P terms an entity a "fallen angel" if its rating is lowered to speculative-grade from investment-grade
 "ICICI Bank, Indian Bank at risk of becoming 'fallen angels', warns S&P")
India sets up committee for implementation of climate change targets
The Apex Committee for Implementation of Paris Agreement (AIPA) will have members from 14 ministries.
 "India sets up committee for implementation of climate change targets")
India to see $66 bn investment in gas infrastructure, says Pradhan
LNG import terminals and capacity additions are planned on both east and west coast.
 "India to see $66 bn investment in gas infrastructure, says Pradhan")
Top court to hear matter on insolvency of personal guarantors tomorrow
In the last hearing on Oct 29, SC had transferred to itself all petitions pending before various High Courts, challenging IBC provisions on the issue
 "Top court to hear matter on insolvency of personal guarantors tomorrow")
November CV sales ride high on strong demand for lower tonnage vehicles
Cumulative dispatches at top four manufacturers including advanced 1.21 per cent year-on-year
 "November CV sales ride high on strong demand for lower tonnage vehicles")
Indian tech firms to benefit as US court junks controversial Trump rules
In October, the Trump govt brought two policies that tightened eligibility for foreign workers applying for non-immigrant visas and raised minimum pay for foreign employees on high-skill work visas
 "Indian tech firms to benefit as US court junks controversial Trump rules")
WB governor, TMC spar over non-implementation of Ayushman Bharat in state
Governor Jagdeep Dhankhar claimed medical infrastructure has played a "significant role" during the Covid-19 crisis.
 "WB governor, TMC spar over non-implementation of Ayushman Bharat in state")
Exporters seek extension of tax benefits for cross-border e-commerce
Exporters on Wednesday suggested to the government a series of steps, including extension of fiscal benefits to SEZ units, presumptive tax for cross-border e-commerce
 "Exporters seek extension of tax benefits for cross-border e-commerce")
High GST on aircraft components forcing P&W to go abroad for maintenance
High GST rate on aircraft engine components has been forcing Pratt & Whitney to go abroad for engine maintenance despite having a collaboration with Air India's engineering subsidiary
 "High GST on aircraft components forcing P&W to go abroad for maintenance")
CM Adityanath woos industrialists, promises security, respect in UP
Assuring "security, respect and conducive environment", Uttar Pradesh Chief Minister Yogi Adityanath on Wednesday invited businesses to invest in the state
 "CM Adityanath woos industrialists, promises security, respect in UP")
Are we falling behind on basics as vaccine optimism takes centre stage?
Daily Covid-19 deaths did not fall considerably in November, but vaccine news has excited the market and governments, with immunisation plans seemingly underway
 "Are we falling behind on basics as vaccine optimism takes centre stage?")