Page 1968 - Economy & Policy News
15th Finance Commission may hike grants, cut devolution to states
Performance-based incentives planned to reduce friction between Centre, states
 "15th Finance Commission may hike grants, cut devolution to states")
How India's high-value farm exports are suffering under new restrictions
Farmers in India widely use the chemical to stimulate growth in fruit plants
 "How India's high-value farm exports are suffering under new restrictions")
Budget 2020 wishlist: Here are the key challenges for real estate sector
Although residential sector continues to face head winds, there could be opportunities brewing in the distressed space
 "Budget 2020 wishlist: Here are the key challenges for real estate sector")
Govt eyeing asset monetisation to make up for the disinvestment gap
Disinvestment in blue chip Bharat Petroleum Corporation (BPCL) is in all surety not happening this year, as also Air India sale
 "Govt eyeing asset monetisation to make up for the disinvestment gap")
Revamp of subsidy regime likely to be in focus in FM Sitharaman's Budget
As of now, the proposal on the table is to consider direct benefit transfer to farmers for food and fertilizer subsidies, sources said
 "Revamp of subsidy regime likely to be in focus in FM Sitharaman's Budget")
State govts slash price of electricity generated by sugar mills by 50%
Electricity is generated by sugar mills from molasses in cogeneration units
 "State govts slash price of electricity generated by sugar mills by 50%")
Major ports in India are turning efficient by digitising their operations
As the gateway for the export and import of goods, ports are a significant contributor to the country's economy, and hence, their operational efficiency is vital
 "Major ports in India are turning efficient by digitising their operations")
India probes dumping of newsprint from Australia, four other countries
In the probe, DGTR will determine the existence, degree and effect of alleged dumping on domestic manufacturers
 "India probes dumping of newsprint from Australia, four other countries")
Govt must include opportunity cost of imports in gas pricing: ONGC chairman
In an interview with Jyoti Mukul, ONGC chairman talks about India's move towards a gas-based economy, future of ONGC and the rise of renewable energy in India
 "Govt must include opportunity cost of imports in gas pricing: ONGC chairman")
Indian cities to add 100 new malls by 2022-end, says Anarock MD & CEO
Of the total new mall supply, the top seven cities alone will see 69 new malls spread over 35.5 mn sq.ft. area
 "Indian cities to add 100 new malls by 2022-end, says Anarock MD & CEO")
Mumbai bets on all-night shopping to boost jobs and India's economy
The new law will exclude pubs and bars, which will still be required to shut down at 1.30 am, the state government said
 "Mumbai bets on all-night shopping to boost jobs and India's economy")
Finance Ministry allows 3 last dates for filing GSTR-3B for taxpayers
From now onwards, there will three dates -- 20th, 22nd and 24th -- of every month for different categories of tax payers
 "Finance Ministry allows 3 last dates for filing GSTR-3B for taxpayers")
Over 9,000 passengers from 43 flights screened for coronavirus: Govt
The Health Ministry has instructed Airport Health Organizations at Delhi, Mumbai, Kolkata, Chennai, Bengaluru, Hyderabad and Cochin for screening of passengers coming from mainland China
 "Over 9,000 passengers from 43 flights screened for coronavirus: Govt")
To diversify beyond Middle East, India looks to import more oil from Brazil
India imports 84 per cent of its oil needs and two-thirds of its import come from the Middle East with Iraq and Saudi Arabia being the top suppliers
 "To diversify beyond Middle East, India looks to import more oil from Brazil")
What's unique about the current inflation trend and why we needn't worry
The current spike is solely due to volatile prices of vegetables, while the core components of inflation are closer to the ground, suggesting this phase is transitory at best
 "What's unique about the current inflation trend and why we needn't worry")
Power producers' coal imports up 17.6% at 52.48 MT in Apr-Dec 2019
Adani Power's Mundra plant alone imported 12.83 million tonnes of coal during the first nine month of this fiscal, a growth of 45.7 per cent over 8.81 million tonnes in the same period a year ago
 "Power producers' coal imports up 17.6% at 52.48 MT in Apr-Dec 2019")
Airbus to showcase latest military products at Lucknow Defence Expo
Airbus will demonstrate its "capabilities and commitment" to kick-start a defence industrial base in India
 "Airbus to showcase latest military products at Lucknow Defence Expo")
Budget 2020: Laundry list of demands from various sectors of the economy
Given that there could be a tax revenue crunch next year, and the Centre is expected to maintain some fiscal discipline, the Modi govt may have to prioritise some sectors over others
 "Budget 2020: Laundry list of demands from various sectors of the economy")
GDP to grow by 5.5% in FY21 but downside risks persists: India Ratings
The government has announced a slew of measures recently to prop-up the economy, but Ind-Ra believes they will come to aid only in the medium term
 "GDP to grow by 5.5% in FY21 but downside risks persists: India Ratings")
Open to join RCEP in future if we get favourable offers: Govt
Piyush Goyal said India was exploring trade agreements with the United States and the European Union to allow manufacturing and services sectors to benefit from access to large developed markets
 "Open to join RCEP in future if we get favourable offers: Govt")