Page 1835 - Economy & Policy News

No relief for telecom sector in economic package, disappointed: COAI

Finance Minister Nirmala Sitharaman announced the fifth and final tranche of economic stimulus package to deal with the economic fallout of the COVID-19 pandemic

Retailers' body miffed at stimulus, says emergent issues not addressed

The retail industry, which contributes around 40 per cent to India's consumption and 10 per cent to India's gross domestic product, is severely stressed

Statsguru: Importance of MSMEs in times of Covid-19, economic slowdown

The assurance given by the finance minister that benefits given to MSMEs will not be withdrawn if they grow in size may solve this problem to an extent

Covid-19 trend, lockdown 4.0 details, Q4 earnings to decide market course

In addition, experts said, domestic bourses will take cues from global peers which have been reeling from fears of a second wave of Covid-19 in some countries

Stimulus 2.0: Rs 40,000-crore boost to MGNREGS was a work in progress

The sum was debated and it became clear it would have to be similar in scale to the support given under the Pradhan Mantri (PM) Garib Kalyan Yojana (PMGKY)

IBC suspended for a year, Covid-19 related debt exempted from default

The Corporate Affairs ministry will issue a special circular to define the time period which will cover "covid related debt" to be exempted from default, the finance minister said

E-learning to be new normal as govt plans TV channel for schoolkids

Infectious disease hospital blocks to come up in all districts; public health labs to manage pandemics

Govt's fiscal cost could be less than 11% of total economic package

Not all of this amount will necessarily be borne in fiscal year 2020-21

Tourism, restaurant sectors unhappy with no provisions in stimulus package

Online ordering of food has taken a hit as most restaurants and hotels continue to remain closed due to lack of labour or the increased risk to the staff due to the coronavirus

With a sell-off in mind, government to consolidate operations of PSEs

Union Finance Minister Nirmala Sitharaman on Sunday said the government would come out with a new policy that would identify strategic sectors

Fiscal stimulus 2.0: States allowed to borrow more, but with conditions

Officials say states have been sent a memorandum explaining the needed reforms

The stimulus and beyond: Is a stronger demand support called for?

More demand-oriented measures may yet be introduced as we are still in the early stages of coping with the economic impact of Covid-19

Participation of private players in space to help sector: Kawa's Kris Nair

As India becomes more and more self-reliant in the dual use of space, young startups like Kawa Space now have an opportunity to collaborate with the nation

Higher borrowing can see FY21 combined fiscal deficit hit 12%: Economists

Net borrowing ceiling for 2020-21 was earlier pegged at Rs 6.41 trillion (3 per cent of gross state domestic product), and the states have thus far borrowed merely 14 per cent of this authorised limit

The alcohol economy: Internal dissent lays bare Punjab's liquor dependence

At 40 per cent, Punjab has the worst debt to gross domestic product ratio (GDP) among larger states

Suspension - Boon or bane for the Insolvency and Bankruptcy Code

While the announcements were made today, the seeds of the repeal of Sections 7, 9 and 10 of the IBC had already been sown in April

Story in Numbers: Sanganeri textile exporters drained of colour in Covid-19

The sector was trying to emerge from the aftereffects of the implementation of GST when the pandemic struck

Why rejig in labour laws will not help and holistic reforms are essential

Radhicka Kapoor, senior fellow at Indian Council for Research on International Economic Relations, said the government has to create policies for boosting demand

The stimulus and beyond: is a stronger demand support called for?

More demand-oriented measures may yet be introduced as we are still in the early stages of coping with the economic impact of Covid-19

GST compensation to states pending for December-March FY20: Sitharaman

The Centre has, so far, released over Rs 2.45 trillion as GST compensation to states since the implementation of the new indirect tax regime on July 1, 2017