Page 2110 - Economy & Policy News
Ranbaxy to Religare: A snapshot of legal cases involving Singh brothers
Embroiled in multiple legal cases across jurisdictions, Malvinder Mohan Singh and his younger brother Shivinder Mohan Singh are in police custody following a complaint of fund siphoning
 "Ranbaxy to Religare: A snapshot of legal cases involving Singh brothers")
For tax terrorism stain to go away, India has to resolve disputes quickly
Many experts feel the focus of tax reforms has to now shift to tax administration
 "For tax terrorism stain to go away, India has to resolve disputes quickly")
World Bank says slowdown in India is severe, cuts GDP forecast to 6%
Growth is expected to gradually recover to 6.9 per cent in 2020-21 and to 7.2 per cent in the following year, it said
 "World Bank says slowdown in India is severe, cuts GDP forecast to 6%")
UP sugar mills demand Rs 1,000 crore power dues to pay cane farmers
Recently, chief minister Yogi Adityanath had also referred to the pending power dues and said it would be settled at the earliest for the benefit of sugarcane farmers
 "UP sugar mills demand Rs 1,000 crore power dues to pay cane farmers")
'Triple whammy': India's property slump exposes banks to fresh crisis
Slump in property market is leaving builders struggling to repay loans to shadow lenders - housing finance firms outside the regular banking sector that account for over half of loans to developers
 "'Triple whammy': India's property slump exposes banks to fresh crisis")
CCI to conduct study on telecom sector amid changing market dynamics
Competition Commission of India (CCI) has started the preparatory work for the study about the telecom sector and it is expected to commence in November, says chairman
 "CCI to conduct study on telecom sector amid changing market dynamics")
India's biggest telecom show may not feature Ambani vs Mittal this year
However, in a first, Home Minister Amit Shah is expected to inaugurate the India Mobile Congress, scheduled from October 14 to 16
 "India's biggest telecom show may not feature Ambani vs Mittal this year")
India, China to set up mechanism to trim trade deficit, improve investment
PM Modi said that the 'Chennai Connect' would add great momentum to India-China relations and would benefit the people of the two nations and the world
 "India, China to set up mechanism to trim trade deficit, improve investment")
India looks for wider Chinese market access to arrest falling farm exports
After peaking in FY14, agro exports saw a sharp fall lead by guar gum, buffalo meat, cotton and oil meal
 "India looks for wider Chinese market access to arrest falling farm exports")
Govt reducing need for filing RTI by putting info in public domain: Shah
The RTI Act has bridged the gap between the people and the government, and addressed mistrust, he said
 "Govt reducing need for filing RTI by putting info in public domain: Shah")
Odisha govt allows merchant miners to stash minerals in stock yards
The merchant miners will be granted storage licenses valid is till March 31, 2022
 "Odisha govt allows merchant miners to stash minerals in stock yards")
Govt puts Bill to ban e-cigarettes in public domain, invites comments
Govt intends to introduce the Bill to ban e-cigarettes in the forthcoming session of Parliament
 "Govt puts Bill to ban e-cigarettes in public domain, invites comments")
Congress hits out at govt, says fiscal deficit not at 3.3% but beyond 8%
Asserting that Indian economy has moved from recession to crisis mode, senior Congress leader Anand Sharma said PM Narendra Modi and Finance Minister Nirmala Sitharaman are 'oblivious' to situation
 "Congress hits out at govt, says fiscal deficit not at 3.3% but beyond 8%")
AP discoms seek steep cut in solar, wind tariffs across all existing PPAs
Ask APERC to slash tariffs by 40-62% for PPAs and PSAs entered between 2012 and 2017 involving around 7,500 Mw of capacity
 "AP discoms seek steep cut in solar, wind tariffs across all existing PPAs")
Informal summits led to fresh stability in India-China relations, says Modi
Responding to PM Modi, Chinese President Xi Jinping said that such informal summits have helped initiate discussions on many issues
 "Informal summits led to fresh stability in India-China relations, says Modi")
Country's future more important than polls: Power minister R K Singh
Singh said consumers deserve choice in power supply and at affordable rates
 "Country's future more important than polls: Power minister R K Singh")
Telcos' stand on high-frequency bands puts 5G auctions in a spot
Without adequate mid and high frequency band, it is not possible for telcos to offer high speeds and low latency which are the key differentiator of 5G services
 "Telcos' stand on high-frequency bands puts 5G auctions in a spot")
Non-US banks have $1.4 tn at risk in the event of crisis, warns IMF
Surge in liabilities denominated in US dollars could make the banks' home economies more vulnerable, says IMF report.
 "Non-US banks have $1.4 tn at risk in the event of crisis, warns IMF")
'Crorepatis' rise by 16,345 in AY19: Here's a look at direct tax data
However, their proportion to total tax filers remained stagnant at 0.17% in both the years
 "'Crorepatis' rise by 16,345 in AY19: Here's a look at direct tax data")
FM Nirmala Sitharaman seeks tax experts' inputs to correct GST flaws
Stating that it has been only two years since GST was implemented, she said she would have wished the new structure was satisfactory from day one
 "FM Nirmala Sitharaman seeks tax experts' inputs to correct GST flaws")