Page 1834 - Economy & Policy News

Govt accounts for nearly 94% of Rs 1,819 cr dues payable to MSMEs: CII poll

A study of 450 MSME members revealed that govt departments including state depts owe them Rs 1,709 Cr, while private sector also owes about RS 110 crore

Lockdown impact: Railways likely to freeze hiring, cut allowances

Rlys' traffic dropped 32% to 99.86 mt between April 1 and May 14, compared to the same period last year

With other countries also in race, make-in-India pitch will be challenging

The government's efforts to persuade global manufacturers to divert production from China may be more difficult than it thinks

WTO must come out of ventilator and work to revive multilateralism: Prabhu

Says multilateralism is under threat on post-Covid world, calls for forward-looking, inclusive agenda

Indecisive officials dealing with highway projects to face action: Gadkari

The Minister said the NHAI has resumed 95 per cent of work on war-footing now with permission to start construction activities while adhering to guidelines.

Stimulus package: No fiscal excesses, but growth prospects remain dim

Are these measures going to be enough to tide over the crisis facing the economy at present? Let's take a Deep Dive with AKB to understand these and more

UP govt accepts Priyanka Gandhi proposal to run 1,000 buses for migrants

The UP government said the influx of migrants from the Congress ruled states like Rajasthan and Punjab was happening without proper arrangement and screening

Post stimulus, fiscal deficit of Centre, states to be at 12% of GDP: Report

In the case of states, the fiscal gap will rise by 200 bps after the Centre hiked the borrowing limit of states to 5 per cent of GSDP on Sunday

Covid-19 slowdown: PM Modi's pet UDAN scheme faces major headwinds

Future of many regional airlines looks uncertain if the fund that underwrites their operations dries up due to massive drop in traffic between bigger cities

Imposing pointless conditions on loans will stifle States: Tamil Nadu CM

Palaniswami was referring to conditions put forward by Centre to raise borrowing limits from 3% to 5% of GSDP for this financial year

Economic package a lost opportunity; FY21 GDP to contract 7%: Bernstein

The overall plan, in their view, was a general economic agenda and lacked substantive decisions to support consumption, promote manufacturing.

Need permanent changes, policy predictability and flexibility: Mukesh Aghi

President, CEO at US-India Strategic Partnership Forum, Mukesh Aghi says that India needs a transparent policy environment

Karnataka land reforms may trigger fresh look at land acquisition process

Experts suggest easier land use norms and digitisation of records

FM allocates Rs 40,000 crore more for MGNREGA to support migrants

Excluding the pending dues, spending on the scheme is estimated to be Rs 90,000 crore

India GDP to fall 45 per cent in June quarter, predicts Goldman Sachs

Predicts a 5 per cent GDP contraction for India in FY21, says recently announced reforms not to have immediate impact on reviving growth

Top biz headlines: Final tranche of Rs 20-trn package, lockdown 4.0 & more

Here are the top ten business headlines on Monday morning

Lockdown 4.0: Curbs eased to allow some movement, economic activity

States allowed to decide on Covid-19 zones

Stimulus 2.0 good for markets in long run, hitches in short term: Experts

Markets may be disappointed in the short term, as not sufficient steps have been take to revive demand

FM Nirmala Sitharaman's 'dramebaazi' jibe at Rahul Gandhi irks Congress

Gandhi had interacted with some migrant workers returning home at Delhi's Sukhdev Vihar on Saturday

Fiscal stimulus 2.0: Why cash support to migrant workers was aborted

The plan for cash relief changed as the ground realities altered rapidly in the past two months