Page 1846 - Economy & Policy News

India needs large fiscal stimulus in face of slowdown risk: Kaushik Basu

The Centre must give states the freedom to spend more, respecting India's federal structure, Basu said

MP labour law changes: Relaxed licence norms for contract workers

Recognition of trade unions for collective bargaining no longer possible for key industrial sectors

Covid-19 to structurally change collection of data for official statistics

The National Statistics Office is exchanging ideas with international agencies about handling data and statistics amid the pandemic situation

Lockdown 3.0: Elders going big on e-commerce and use of digital wallet

The survey took feedback from 3,737 respondents in cities including Delhi-NCR, Mumbai, Bengaluru, Chennai, Pune and Ahmedabad

Centre not cutting flagship schemes but won't take over states' burden

Official says some savings are expected as the Centre will make cuts wherever there is low-priority expenditure

Arbitration to corruption at deemed universities, here're key court orders

If a party joins arbitration proceedings without raising objections regarding jurisdiction of the court, it cannot raise the issue at a later stage, especially after the pronouncement of the award

Calls for debt monetisation gain traction as Covid-19 cripples economy

Coronavirus has snuffed out lives of more than 2,100 people and infected nearly 63,000 in India

No pay, no food: Rocky work-life balance turns Surat daily wagers violent

In the textile industry alone, there are an estimated 1.5 million migrant workers

Govt issues guidelines for factory resumption after Vizag gas leak

The guidelines come days after a gas leak killed 11 people and hospitalised 800 others at a plant in southern India operated by a subsidiary of South Korean petrochemicals maker LG Chem Ltd

Lockdown: UP tops influx chart with 215 trains ferrying 230,000 migrants

57 more trains en route; 200 additional trains slated to come in 2-3 days

Covid-19: Govt working on many initiatives to attract potential investors

The government has taken steps like promoting ease of doing business and liberalisation of the foreign direct investment norms to attract overseas investors

401 infrastructure projects show cost overrun of Rs 4.06 trillion: Report

The expenditure incurred on these projects till December 2019 was Rs 10,89,178.11 crore, which is 44.06 per cent of the anticipated cost of the projects

Combined Centre and state fiscal deficit may go up to 14%, says Subbarao

The former RBI governor also says that the Centre's current fiscal stimulus is not sufficient

Lockdown: UP labour reforms will spur investment, create jobs: MSMEs

MSME chamber IIA urges labour unions to support these relaxations

Covid-19: India's fuel consumption falls 46% in April, may rebound in May

Fuel consumption during March, when travel restrictions began to be imposed to curb the spread of coronavirus, stood at 16.08 million tonnes

Learn the art of living with Covid-19 pandemic: Nitin Gadkari to retailers

Gadkari also assured the retailers of looking into their demands of financial aid from the government

Commodity arrivals surge ahead of week-long shutdown at APMC Vashi

While arrivals of vegetables remained resilient with a fewer number of trucks enter into evening also, the biggest surge was seen in fruit supply.

Assam latest to go for labour reforms, plans raising work hours by 50%

Unlike other BJP-ruled states, it isn't doing away with most existing laws, but seeks to introduce fixed-term employment to facilitate direct hiring of contract labour by firms

Covid-19 impacts salt demand, drop in exports fills gap of lower output

Production hit due to delayed season estimated 15%, lockdown impacted some harvesting

Tamil Nadu forms high level committee to assess Covid-19 impact on economy

The committee shall submit its final reports to the government within three months time and also submit an interim report