Page 1985 - Economy & Policy News

Govt set to breach fiscal deficit target, shows GDP advance estimates

If the fiscal deficit for the year can be maintained at Rs 7.04 trillion, the deficit as a percentage of GDP will slip to 3.44 per cent

Share of investment in GDP to hit all-time low in FY20: Advance estimates

India's investment activity growth is also estimated to touch a 17-year low in FY20

Prospects dim for FY21 too, GDP growth may not go beyond 6%: Economists

Former chief statistician Pronab Sen said economic revival depends on what the government does in the Budget

India Inc's low confidence reason for drop in investments: Analysts

Madan Sabnavis, chief economist at CARE Ratings, said the problem of low investments could be blamed on surplus capacity in the private sector

Budget 2020: Realtors' body seeks 'bold measures' to resurrect sector

NAREDCO National President Niranjan Hiranandani told the media that the finance ministry has been apprised of the demands of the industry to meet the challenges

PM Modi meets economists, industry experts ahead of Budget at Niti Aayog

The high-profile meeting was attended by Home Minister Amit Shah, Road Transport and Highways Minister Nitin Gadkari, besides Niti Aayog Vice Chairman Rajiv Kumar, CEO Amitabh Kant

Fundamentals of Indian economy strong, has capacity to bounce back: PM Modi

A key factor driving the sharp slowdown in Indian economy is the manufacturing sector slump.

How internet shutdowns cost India more than $1.3 billion in 2019

Government-led internet shutdowns cost the global economy $8 billion in 2019. India lost $1.3 billion due to 4,196 hours of no internet. 122 major shutdowns took place in 21 countries during the year

GDP advance estimates: Farm growth likely to remain subdued at 2.8% in FY20

Food inflation may increase; farmer income to see reversal after 4-year fall

Passenger vehicle sales dip 1.24% YoY in December; car sales down 8.4%

Sales of commercial vehicles were down 12.32 per cent to 66,622 units in December SIAM said

Pre-Budget meet: Fundamentals are strong, economy will rebound, says PM

Economists ask Modi to restore data credibility, provide stimulus

Global e-commerce players in India under pressure on policy changes: Fitch

While an e-commerce policy is still in the works, it is likely to take effect in March, Fitch Solutions said in a statement

Power Min seeks more time for coal plants to install emission cutting tools

The environment ministry will take the final call on the power ministry's proposal

Sale of 13th tranche of electoral bonds from Monday: Finance ministry

Electoral bonds can be purchased by a person who is a citizen of India or incorporated or established in India

Govt must step in to encourage service providers: Aviation minister HS Puri

Speaking of privatisation in the civil aviation industry, the minister said it will help in strengthening and expanding the sector

India distracted by ideological considerations, says Nouriel Roubini

While speaking on the monetary policy-related aspects, Roubini also flagged up the issue of RBI autonomy

India lost over $1.3 billion to internet shutdowns last year, says study

Study pegs global loss at $8 billion, says India third-most impacted country

RBI approves Aadhaar-based video authentication as alternative to e-KYC

Video KYC will have to be verified through Aadhaar

India's palm oil import curbs could trigger Malaysia, Indonesia price war

The Indian Ministry of Commerce and Industry issued a notification on Wednesday declaring that the import of refined palm oil is amended from 'Free' to 'Restricted'

Exporters approach court over cess on export incentives, get interim relief

The high court granted interim relief to petitioners against any "coercive" measures by the authorities