Page 1967 - Economy & Policy News
Manufacturing goods tackle minefield of restrictions to reach China
The last of a three-part series on rising non-tariff barriers to Indian exports explores how manufacturing shipments are trying but failing to enter China
 "Manufacturing goods tackle minefield of restrictions to reach China")
Tougher norms for high-value gems and jewellery transactions on cards
Preliminary discussions have taken place, said an informed source. Aadhaar is considered better for this purpose than the idea of a PAN (income tax) number
 "Tougher norms for high-value gems and jewellery transactions on cards")
Budget 2020 wishlist: Here are the key challenges for retail sector
There are disparities in interpretation and implementation at all levels of the government
 "Budget 2020 wishlist: Here are the key challenges for retail sector")
When world is discussing 5G, nobody is talking about it in India: Gurnani
The government has plans to conduct a spectrum auction in April-May which will also include airwaves for 5G services.
 "When world is discussing 5G, nobody is talking about it in India: Gurnani")
Over-estimation of GDP numbers in Budget disturb fiscal calculations
Tax receipts are expected to fall by Rs 2.5 trillion which may also be caused by the corporation tax and GST rate cuts
 "Over-estimation of GDP numbers in Budget disturb fiscal calculations")
137 countries on board for OECD digital tax plan: Gurria at WEF Davos
Some countries including France have postponed their own laws to give a multilateral solution a chance
 "137 countries on board for OECD digital tax plan: Gurria at WEF Davos")
WEF forms framework to help central banks evaluate, design digital currency
Announcing the framework, the World Economic Forum (WEF) said the National Bank of Cambodia has already piloted a quasi-form of CBDC (Central Bank Digital Currency) for its national payments system.
 "WEF forms framework to help central banks evaluate, design digital currency")
Indian economy well-poised to take off, says Piyush Goyal at Davos
On RCEP, Goyal said it was an 'unbalanced trade agreement, which was really not fulfilling the guiding principles on which RCEP started about 8 years ago, therefore India chose not to participate'
 "Indian economy well-poised to take off, says Piyush Goyal at Davos")
Amit Shah-led GoM to monitor disposal of enemy properties worth Rs 1 trn
Enemy properties were those left behind by the people who took citizenship of Pakistan and China
 "Amit Shah-led GoM to monitor disposal of enemy properties worth Rs 1 trn")
Odisha kicks off outreach to investors in run up to Make in Odisha 3.0
The biennial investment conclave is scheduled from November 30 to December 4 this year
 "Odisha kicks off outreach to investors in run up to Make in Odisha 3.0")
From $213 mn to $17 mn: Data from Pak shows big fall in exports to India
Meanwhile, imports from India also fell to $286.6 million as against $865 million in the same period
 "From $213 mn to $17 mn: Data from Pak shows big fall in exports to India")
Govt considering SPV with 5G sweetener as solution to telecom crisis
Government will stop collecting annual licence fee and spectrum usage charge from operators, according to the tentative proposal. Instead, the operators will give fees to the SPV.
 "Govt considering SPV with 5G sweetener as solution to telecom crisis")
Yediyurappa Govt invites global business leaders to Invest Karnataka summit
The chief minister, who is at Davos to attend the World Economic Forum annual meeting, announced the dates for the summit, November 3-5, at an event in this Swiss ski resort town
 "Yediyurappa Govt invites global business leaders to Invest Karnataka summit")
Top 10 business headlines: AGR deadline nears; Bezos phone hack shocks UN
Three companies negotiate the deadline to pay the government dues for spectrum and the UN calls for a probe into the hacking of Amazon boss Jeff Bezos's phone.
 "Top 10 business headlines: AGR deadline nears; Bezos phone hack shocks UN")
Investments in infrastructure up by 25% in 2019, highest since 2016
However, number of deals dropped to 58 from 64, according to Inframation, an Acuris company, data
 "Investments in infrastructure up by 25% in 2019, highest since 2016")
Rupee one of the worst performers among its Asian peers in the past 1 year
Down 2% versus $ since Dec 2018, against mild appreciation in many Southeast Asian currencies
 "Rupee one of the worst performers among its Asian peers in the past 1 year")
PM Narendra Modi reviews 9 delayed projects worth Rs 24,000 crore
These projects, worth over Rs 24,000 crore, are spread over Odisha, Telangana, Maharashtra, Jharkhand, Bihar, Karnataka, Andhra Pradesh, Kerala and Uttar Pradesh
 "PM Narendra Modi reviews 9 delayed projects worth Rs 24,000 crore")
A $21-billion telco war comes down to $2; consumers jump into the fray
The country's broken financial system would take a fresh hit; new 5G networks could be delayed; and the government's annual revenue from the sector might get squeezed
 "A $21-billion telco war comes down to $2; consumers jump into the fray")
Budget 2020: Prakash Javadekar hints at 'action plan' for economic revival
Markets to open for regular trading on February 1
 "Budget 2020: Prakash Javadekar hints at 'action plan' for economic revival")
Nitin Gadkari to review 500 stuck, delayed projects worth Rs 3 trillion
Minister of State for Road Transport and Highways VK Singh will also attend the meeting
 "Nitin Gadkari to review 500 stuck, delayed projects worth Rs 3 trillion")