Page 2015 - Economy & Policy News

Citizenship Bill a win-win for Modi, but is depriving millions of sleep

This will be the second attempt by the Modi administration to amend citizenship law. In January, the legislation was passed in the lower house of parliament but lapsed as the upper house didn't take i

India's problems were always bigger than Modi, started much before 2014

Long before Modi came to power in 2014, the country's economy had already developed its unhealthy dependence on finance, corruption and inequality were intolerable

Delhi HC issues notices to exporters over non-payment of IGST on imports

Under the GST regime, the exemption was not clearly mentioned till October 13, 2017. During the period, exporters were not allowed to clear their goods unless they pay IGST

States plan political battle over delayed allocation of GST compensation

States are planning to pass resolutions in their legislative assemblies; however, such tactics will be used as the last resort if the Centre continues to stall allocations

Statsguru: Ball in the fiscal court as RBI keeps lending rates unchanged

The MPC underlined the rising consumer price inflation as one of the reasons

Govt plans additions to auditors' rulebook; stricter norms on the cards

Govt plans to revise the Company Auditors Regulation Order 2016 to expand scope of audits and improve scrutiny

India's real GDP growth in FY20 to come slightly below 5%: IHS Markit

For the first half of 2019-20 fiscal, GDP growth slowed to a pace of 4.8 per cent compared to the 7.5 per cent a year back.

India Inc foreign borrowings jump over two-fold to $3.41 bn in Oct: RBI

Indian companies had raised $1.41 billion in borrowings from overseas markets in October 2018

Centre proposes Rs 33 crore to protect Indian satellites from space debris

Scientists say 50 years of human space exploration has led to the creation of junk around Earth's orbit, posing serious traffic risks to man-made satellites

Uddhav Thackeray's big test as Maharashtra CM: Finding money for farmers

The new government will have to factor in the economic slowdown and the dip in tax collection before committing the state's finances to various projects

Fight against terrorism made India one of the strongest nations: Rajnath

As Pakistan couldn't fight a conventional war, it resorted to sending terrorists to attack Indian forces, the Union defence minister said

Bill seeking extension of SC, ST quota in Lok Sabha to be introduced Monday

The reservation for these categories in Lok Sabha and assemblies was to expire on January 25, 2020

None of river linking projects at implementation stage: Parliamentary panel

The committee has said there needs to be better cooperation among states in a time-bound manner for the linking of rivers

India amidst growth recession; PMO too powerful, ministers powerless: Rajan

Not just decision-making but also ideas and plans emanate from a small set of personalities around the Prime Minister and in the PMO, says Rajan

UP holds sugarcane price at Rs 315 per quintal for 2019-20 season

UP is estimated to produce 45% of India's output or 12 million tonnes of sugar

Paper to capture 25% of the Rs 80,000 cr single-use plastics market by 2025

India generated 26,000 tonnes per day of plastic waste in 2017-18, of that only 60 per cent was recycled and the rest ended up as litter on roads, in landfills or streams

Cargo volume of top 12 ports marginally up at 463MT during Apr-Nov: Report

The 12 ports had handled 26.07 MT of iron ore and 70.79 MT of coal during the April-November period of the previous fiscal

373 infrastructure projects hit by cost overruns of Rs 3.89 trn: Report

The Ministry of Statistics and Programme Implementation monitors infrastructure projects worth Rs 150 crore and above

Will ensure regulations are 'grounded on realities': IBBI chairman Sahoo

Sahoo said the IBC has re-defined the debtor-creditor relationship and brought in significant behavioural changes among the stakeholders

Raghuram Rajan urges scrutiny of NBFCs lending to stressed realty sector

The Reserve Bank of India should carry out an asset quality review of the non-bank finance companies, Rajan said.