Page 1840 - Economy & Policy News

Former fin secy Hasmukh Adhia to head Gujarat economic revival panel

Committee will assess sectoral and sub-sectoral losses, may also go for fiscal restructuring post Covid-19

Half of rural Indians eating less; a third may stop kids' schooling: Report

A ground survey by Transforming Rural India Foundation raises alarm bells about the impending human catastrophe unfolding in rural India due to the coronavirus crisis

FM has leveraged banks and PSUs to deliver the goods

The credit angle is interesting for them as the Rs 3 trillion to be disbursed by banks would go as collateral free debt for four years with a 12-month moratorium

A look at the difficulties states encounter in assessing district-level GDP

Experts say there are number of issues in estimation even of GSDP, let alone district-wise data

Fresh support of only Rs 12-13 trn in economic stimulus: DBS Bank economist

PM Modi outlined a Rs 20-trillion which is 9.7 per cent of GDP support package, of which new allocations could only be 50-60 per cent of the offer

Indian products in paramilitary canteens from June 1: Govt after PM speech

The CAPFs - CRPF, BSF, CISF, ITBP, SSB, NSG and Assam Rifles - canteens together sell products worth about Rs 2,800 crore annually

Govt's Rs 20-trillion financial package: It's the policy shift, stupid

As big as the Rs 20-trillion package is PM Modi's new economic paradigm on self-reliance

This shall not be just a financial package, but a reform stimulus: FM

Sitharaman's press conference at 4 PM today comes a day after Prime Minister Narendra Modi announced Rs 20 trillion economic package to deal with Covid-19 situation in the country

Covid-19: Hotel revenue per room drops 13-29% in Jan-Mar across 11 cities

"The impact of Covid-19 has severely impacted the domestic hotel and hospitality sector in Q1 2020," property consultant JLL India said in a report

PM gave headline and blank page, hope Sithraraman will fill it: Chidambaram

Chidambaram said he would count every additional rupee the government infuses into the economy

Record fall in March as IIP crashes to 16.7%, FY20 growth squeezed by 0.7%

Experts warn much worse is yet to come with April seeing 20 days of lockdown versus March's one-week

Top 10 biz headlines: Rs 20 trn stimulus package, IIP fall and more

Here are the top 10 headlines of the day

PM Modi announces Rs 20 trillion stimulus package to jump-start economy

'Self-reliant India' package is around 10% of GDP; lockdown 4.0 is on with new guidelines

India needs basic income scheme to make lockdown work, says Thomas Piketty

The French economist said that India has the potential to become the global democratic leader of the 21st century if it manages to address the issue of inequality

Relief & fear: Migrants recall their struggle as railway services start

Many sustained on money sent by family for the last 50 days while some walked 5 hours to reach railway stations

Iron ore prices likely to bounce back in H2FY21, expected to gain 15%

Recovery in domestic iron ore prices would be propelled by demand uptick as steel makers are expected to ramp up capacity utilisation with concerns easing on the Covid-19 pandemic

Lockdown, labour exodus dampen mango trade in Maharashtra, Gujarat

Export to European countries negligible; shipments to Gulf fall 40-50%

Rs 20-trn package need of the hour, will unleash economic growth: India Inc

Industry bodies said the Make In India flagship will emerge as a key catalyst for attracting new investment, driven by much needed bold reforms in the areas of land, labour and liquidity

Provide govt-backed Rs 3 trn liquidity line to coronavirus-hit unit: FICCI

Govt support to banks estimated at upto Rs 40,000 cr over 5 years

Used car market heads for boom post-lockdown as demand may pick up pace

The pre-owned car market is headed for a boom in the post-lockdown era as cars acquire a utilitarian value for people