Page 1929 - Economy & Policy News

With or without US trade deal, regulatory issues remain for both countries

The lack of an investment pact between the two has been raised by US investors for leaving their investments in India without requisite legal protection.

CAA protest fallout: Govt likely to defer key socio-economic survey

One major challenge faced by surveyors is the lack of cooperation by households, as they are either being shown the door or attacked during their work, putting their lives at risk

High-powered meet today to salvage stranded thermal power projects

Senior officials of the power ministry are meeting all stakeholders, including executives of NTPC, distribution companies, and banks, in New Delhi on Friday to take a call on the new govt scheme

Every penny counts as GST officers send demand notices to companies

Desperate push to meet collection target; firms receive notices for as low as Rs 2

We need better supervision and not excessive regulations: Sanjeev Sanyal

In the paper, titled 'Risk vs Uncertainty: Supervision, Governance & Skin-in-the-Game', Sanyal has argued that a conventional top-down approach of regulation is the go-to solution for governments

Govt takes a call to save telecom firms, but no relaxation likely on AGR

The Union government is of the view that there can be a debate on the quantum of payment and penalty but not on the fact that the companies have to make the payments

Centre releases Rs 19,950 crore as GST compensation to states and UTs

This is for the first time that the Centre has given compensation to states for one month only

Limiting Centre's share might push up state's burden for high-risk crops

The difference between the actuarial premium rate and the premium paid by farmers was the subsidy shared equally between the Centre and states

Uttar Pradesh an 'Achiever State': DIPP business reform action plan report

The state secured 12th position in this assessment, while it was ranked 14th in 2016, an official release said here on Thursday

Sector-specific upticks far from gaining economy-wide traction: RBI MPC

India's economic growth is estimated to have slowed down to 11-year low of 5 per cent during the current financial year ending March 2020

No economic slump? Measurement and understanding the issue, says Puri: ORF

Puri noted that India is going through a "phase of rapid and aggressive structural adjustment", the statement said

Coronavirus impact: Petrochem, consumer durable players to feel the pinch

CRISIL believes that the impact will vary from sector to sector based on their respective dependence on China for imports and exports

Coronavirus scare: Manufacturers, retailers flock to offices of ministries

Electronic and appliance bodies seek to postpone higher duties on components

India needs efficient supervision, simple regulation: Sanjeev Sanyal

When asked about IL&FS crisis and PNB fraud, he said better supervision could have avoided these episodes rather than more regulation

Power demand forecast cut, but govt won't acknowledge CEA survey

According to CEA report, electricity demand to grow lower than the 5% projected

Coronavirus: Icra downgrades outlook on cut and polished diamond industry

China is a major market as it not only consumes imported diamonds locally, but also to produce diamond studded jewellery and export the same to the US, South East Asia and other markets in a big way

Shaktikanta Das felt economy needs more monetary stimulus: MPC minutes

Minutes of the meeting show Das felt economy needs more monetary stimulus as inflation outlook remains uncertain

India must invest $109 bn in 10 yrs to halve road fatalities: World Bank

The bank said such an investment will bring economic benefits equivalent annually to 3.7 per cent of the GDP.

SC refuses to hear plea for minority status based on state-wise population

Senior advocate Vikas Singh said that the word 'minority' needs to be defined and guidelines need to be laid for their identification at the state level

Round-the-clock power supply via renewable-thermal bundling: Draft policy

Addressing the issues of intermittency, limited hours of supply and low capacity utilisation of transmission infrastructure, the draft policy provides for reverse bundling