Page 1863 - Economy & Policy News
Nearly half of world's workforce risks losing livelihoods in pandemic: ILO
Prolonged lockdowns and closures expected to lead to an 'even' worse fall in total working hours, says UN agency.
 "Nearly half of world's workforce risks losing livelihoods in pandemic: ILO")
Govt to discuss job creation, worker welfare with industry, labour unions
The government has given some relaxation to the industry in filing their returns under the labour laws by extending the last date during the lockdown period
 "Govt to discuss job creation, worker welfare with industry, labour unions")
Has Covid-19 made a unified response to a national crisis the new normal?
While the Centre and the states have been nimble in launching joint action plans to contain the disease, there is sceptism that this is just a one-off
 "Has Covid-19 made a unified response to a national crisis the new normal?")
Covid-19: UP moots ordinance to deal with cases of attacks on doctors, cops
Under the central ordinance to amend the Act, the attack on a health workers is a cognisable and non-bailable offence.
 "Covid-19: UP moots ordinance to deal with cases of attacks on doctors, cops")
Can govt squeeze in a tax stimulus to quell Covid-induced economic crisis?
Falling direct and indirect tax revenues give it little elbow room to do so, even as industry clamours for relief
 "Can govt squeeze in a tax stimulus to quell Covid-induced economic crisis?")
Tamil Nadu allows industrial activity in green zones after review meeting
CM Palaniswami urges District Collectors not to hinder movement of farm produce, asks them to help farmers market their produce
 "Tamil Nadu allows industrial activity in green zones after review meeting")
Centre to expand Jal Shakti Abhiyan activities during upcoming monsoon
Central and State sector schemes in irrigation and water conservation sectors have also been allowed to be implemented with suitable dovetailing with MGNREGA works
 "Centre to expand Jal Shakti Abhiyan activities during upcoming monsoon")
Global groups urge India to delay new 2% digital tax amid Covid-19 crisis
From April 1 India imposed a new 2 per cent tax on foreign billings, or transactions where companies take payment abroad for digital services provided in India
 "Global groups urge India to delay new 2% digital tax amid Covid-19 crisis")
Wilful defaulters benefited from 'phone banking' under UPA regime: FM
Congress has attempted to mislead people, and Rahul Gandhi should introspect why his party fails to play a constructive role in cleaning up the system, says Nirmala Sitharaman
 "Wilful defaulters benefited from 'phone banking' under UPA regime: FM")
Top 10 biz headlines: Govt's 2nd stimulus, Moody's growth estimate and more
Finance Minister Nirmala Sitharaman is likely to announce this week a second round of stimulus package, for the most affected sections of society
 "Top 10 biz headlines: Govt's 2nd stimulus, Moody's growth estimate and more")
ADB approves $1.5 billion loan for India to fight coronavirus pandemic
The loan has been sanctioned with a view to support immediate priorities such as disease containment and prevention
 "ADB approves $1.5 billion loan for India to fight coronavirus pandemic")
BARC represents the marketing, advertising economy, says CEO Sunil Lulla
Broadcast Audience Research Council (BARC) became operational 5 years ago replacing Tam Media Research
 "BARC represents the marketing, advertising economy, says CEO Sunil Lulla")
Moody's slashes India's growth estimate to 0.2% for 2020 from 2.5%
Moody's expected India's economic growth to recover to 6.2 per cent in 2021
 "Moody's slashes India's growth estimate to 0.2% for 2020 from 2.5%")
Covid-19 impact: Tanker rates boom as demand for oil storage surges
Vessel charges jump up to seven times to $160,000-170,000 per day since February
 "Covid-19 impact: Tanker rates boom as demand for oil storage surges")
Congress misleading the nation on loan write-offs: FM Nirmala Sitharaman
'Congress and Rahul Gandhi should introspect why they fail to play a constructive role in cleaning up the system,' she said
 "Congress misleading the nation on loan write-offs: FM Nirmala Sitharaman")
Hong Kong may come under new FDI rules; custodians to seek clarity
A few days back, the Finance Ministry had notified changes in FDI rules that made prior approval of the government mandatory for foreign investments from countries that share a land border with India
 "Hong Kong may come under new FDI rules; custodians to seek clarity")
Nitin Gadkari asks states and UTs to speed up road construction
During a videoconferencing meeting with states and UTs, Gadkari called for urgent action to unblock inter-state truck and lorry traffic for smooth movement of essential goods
 "Nitin Gadkari asks states and UTs to speed up road construction")
India's electronics manufacturing can gain from China's loss, says Prasad
IT and BPO firms to get work from home exemption for staff till July 31, says Ravi Shankar Prasad
 "India's electronics manufacturing can gain from China's loss, says Prasad")
Icra to review rating methodology, factor in 3-month Covid-19 disruption
The rater will now redraw its projections assuming that a business-as-usual operating environment may not return soon
 "Icra to review rating methodology, factor in 3-month Covid-19 disruption")
Govt's second stimulus likely this week, may keep industry waiting
Small businesses, farmers, women, poor, migrant workers to benefit from latest measures for political messaging.