Page 2099 - Economy & Policy News
Congress, JDS voice reservations against RCEP deal, threaten protests
Congress leader Siddaramaiah has demanded that government make public the contents of the proposed RCEP agreement and hold consultations before signing it
 "Congress, JDS voice reservations against RCEP deal, threaten protests")
India needs more than tax cuts to become a global manufacturing hub
A shortage of skilled workers, bureaucracy and lack of adequate road and port infrastructure are key impediments investors face in India
 "India needs more than tax cuts to become a global manufacturing hub")
Aluminium makers stare at consumption slowdown on auto sector stress
The prevailing economic slump and auto sector stress are likely to moderate consumption of aluminium products
 "Aluminium makers stare at consumption slowdown on auto sector stress")
Global Investors Summit 2020: UP to create 1,000-acre land bank for MSMEs
Land bank will flank expressways, industrial corridors for optimising potential
 "Global Investors Summit 2020: UP to create 1,000-acre land bank for MSMEs")
Draft rules on breeding, transporting poultry birds ready: Centre to HC
The court was hearing a batch of PILs by NGOs FIAPO and the People for Animals which have claimed that keeping egg-laying hens in small wired cages amounts to 'extreme cruelty'
 "Draft rules on breeding, transporting poultry birds ready: Centre to HC")
Railways running 2,500 additional services to cater to festival rush
Also, augmentation of coaches in regular trains is being done to ensure berth availability during festive rush, railways said
 "Railways running 2,500 additional services to cater to festival rush")
Ahmedabad-based consultancy wins bid to redesign Delhi's Central Vista
On September 2, the Ministry of Housing and Urban Affairs had invited request for proposal from national and international design and planning firms for the ambitious project of the Modi govt
 "Ahmedabad-based consultancy wins bid to redesign Delhi's Central Vista")
India's sluggish animal spirits signal no recovery in economic growth
Businesses are pinning their hopes on a revival in consumer demand during the upcoming Diwali religious festival in India
 "India's sluggish animal spirits signal no recovery in economic growth")
New normal in India's record debt sales keeps long-tenor bonds under stress
One possibility is that the size of borrowings year-on-year will remain high and there is unlikely to be a reduction in supply, says Ashish Parthasarthy, treasurer at HDFC Bank
 "New normal in India's record debt sales keeps long-tenor bonds under stress")
India, US join hands to develop a range of warfighting tech and systems
The first of the three "near-term" projects is an "air-launched, small UAS"
 "India, US join hands to develop a range of warfighting tech and systems")
Haryana, Maharashtra election results show local issues, economy matter
In Haryana, a predominantly rural state, crop prices have been constantly falling for the past two years
 "Haryana, Maharashtra election results show local issues, economy matter")
Fitch Rating slashes India's GDP growth forecast to 5.5% for FY20
Weakness has been fairly broad-based, with both domestic spending and external demand losing momentum, Fitch said
 "Fitch Rating slashes India's GDP growth forecast to 5.5% for FY20")
Ease of doing biz: India needs reforms to be in top 50, says World Bank
The official's remarks came as India jumped 14 places to take the 63rd position on the World Bank's ease of doing business ranking
 "Ease of doing biz: India needs reforms to be in top 50, says World Bank")
Slowdown blues: Direct tax mop-up growth slumps to 3.5% till mid-October
A combination of factors is responsible. This includes a deepening of the general economic slowdown and corporation tax cuts
 "Slowdown blues: Direct tax mop-up growth slumps to 3.5% till mid-October")
TRAI recommends KYC verification of existing and new DTH set-top boxes
It also said there is no need to mandate physical verification at regular intervals as it will incur a huge cost to the DTH operators and inconvenience to the consumers
 "TRAI recommends KYC verification of existing and new DTH set-top boxes")
Govt mulls personal I-T relief while scrapping some exemptions: Report
If the government tinkers with personal taxes, it will add to the list of measures taken in recent months to boost growth that's expanding at the slowest pace in nearly six years
 "Govt mulls personal I-T relief while scrapping some exemptions: Report")
AGR or spectrum? What's a bigger drag on telecom operators' finances?
Trai says a reduction in AGR will allow more investment in telecom sector, but DoT argues the same can be ensured if Trai agrees to reduce spectrum reserve price at auctions
 "AGR or spectrum? What's a bigger drag on telecom operators' finances?")
Will further simplify GST to improve India's ease of doing biz ranking: FM
The Finance Minister expressed hope that it will help in further improving India's ranking in the World Bank's ease of doing business index
 "Will further simplify GST to improve India's ease of doing biz ranking: FM")
Gold rises Rs 75, silver jumps Rs 110 on rise in festive demand
In the previous trade, Gold had closed at Rs 38,870 per 10 grams
 "Gold rises Rs 75, silver jumps Rs 110 on rise in festive demand")
UP to 'electrify' water bodies to generate 13,500 mw of solar energy
Adityanath government to forge long term contracts with private power companies
 "UP to 'electrify' water bodies to generate 13,500 mw of solar energy")