Page 2019 - Economy & Policy News

Telecom tariff hike may add to inflation, cautions RBI Governor Das

All the three private telecom players Vodafone Idea, Bharti Airtel and Jio has raised their taiff plans pre-paid tariff plans and the increase has been as high as 40-50%

Rahul calls FM 'incompetent', says not her job to tell India what she eats

"I don't eat much of onion-garlic. I come from such a family which doesn't have much to do with onion", the FM had said in Lok Sabha while replying to an MP when asked 'Do you eat onions?"

Fifteenth FC may have kept devolution of divisible tax pool unchanged

The interim report is likely to be made public just before or on the day of the Budget

Corporation tax cut: Rajya Sabha members not sure about investment flows

Congress member Jairam Ramesh alleged that corporate tax reduction was a curtain-raiser to Prime Minister Narendra Modi's Howdy Modi event in Houston

Growth takes a back seat: RBI sharply cuts GDP forecast to 5% from 6.1%

Says forces driving up inflation 'appear to be transient'

Govt yet to provide compensation to states for farmers' losses: Opposition

Opposition MPs said the farmers were hit by unseasonal rains, floods and demanded that the Centre should give immediate monetary relief

Schemes like Ujjwala, Jan Dhan prove Modi govt is not elitist: Sitharaman

Prices of onion in many places have crossed Rs 100 per kg

Mamata Banerjee attacks Centre over GDP, jobs and state of the economy

West Bengal CM also tears into Modi govt on rising NPAs and the Citizenship Bill, which she says will divide the people along communal lines

Base year for calculating GDP revised due to socio-economic changes: Govt

Rao Inderjit Singh said that over the past 70 years, the base year has been changed seven times

Urea dilemma in Madhya Pradesh: Shortage at farms, stockpiles at companies

Supplies to farmers in Madhya Pradesh accounted for just half the requirement of 400,000 bags of urea this November, even as mounting inventories incurred losses for companies

India's October rice exports drop 42% y-o-y on weak demand from Africa

Smaller shipments from India could help rivals such as Thailand, Vietnam and Myanmar to increase their exports, according to Indian exporters

Govt inked 180 defence deals worth Rs 1.96 trn with Indian firms in 5 yrs

In September this year, Defence Minister Rajnath Singh launched the warship Nilgiri which is the first ship of Project 17A

RBI unexpectedly hits pause on rate cut; lowers FY20 GDP forecast to 5%

The 6-member Monetary Policy Committee (MPC), headed by RBI Governor Shaktikanta Das, unanimously voted to hold the key repo rate at 5.15% and reverse repo rate at 4.90%

Cleared by Cabinet, Citizenship Bill to be introduced in Lok Sabha on Dec 9

The Bill will be tabled in the Rajya Sabha after being dealt with by the Lower House of Parliament

Everyone says 'stop the work': Gadkari rues hurdles faced by road projects

Describing the process of acquiring land and environment clearance as the major hurdles, the Union road transport and highways minister said environment and development have to go together

Key takeaways from RBI's monetary policy meet

GDP growth forecast for FY20 has been revised downwards from 6.1 per cent in the October policy to 5 per cent

Climate change has Indian govt worried about food production in 2099

India, the world's second most populous nation, has already been grappling with the impact of climate change

RBI surprise: Repo rate left unchanged; FY20 GDP forecast lowered to 5%

Consequently, the reverse repo rate stands unchanged at 4.90 per cent.

With rate cuts not helping, here's an unconventional step that RBI can try

The central bank, which reviews policy on Thursday, should look to pull down long-term yields by selling short-tenor bonds and reinvesting in longer-term ones, said Suyash Choudhary

RBI likely to cut rates for sixth time this year, try help growth

RBI has delivered 135 basis points of interest-rate easing this year, but lenders have only transmitted a fraction of that to borrowers.