Page 2159 - Economy & Policy News
From cars to biscuits, GST Council to decide on rate cuts in Friday meeting
There have been demands pouring in from various sectors from biscuits to automobiles and FMCG to hotels to reduce tax rates in the wake of perceived economic slowdown
 "From cars to biscuits, GST Council to decide on rate cuts in Friday meeting")
Exports drop 6% to $26.13 bn in August; trade deficit narrows to $13.45 bn
Oil imports declined by 8.9 per cent to $10.88 billion, and non-oil imports fell by 15 per cent to $28.71 billion
 "Exports drop 6% to $26.13 bn in August; trade deficit narrows to $13.45 bn")
As Delhi chokes, odd-even to be enforced again from November 13 to 17
Odd-numbered cars are allowed to run on odd dates while even-numbered cars can only run on even dates
 "As Delhi chokes, odd-even to be enforced again from November 13 to 17")
Delhi govt puts Odd-Even on hold, wants NGT to exempt women, 2-wheelers
The exemptions were given to women, two-wheelers, vehicles carrying children in school uniforms and VVIPs
 "Delhi govt puts Odd-Even on hold, wants NGT to exempt women, 2-wheelers")
TERI cautions against regularisation of odd-even scheme
Teri's observations for the second phase of the odd-even scheme are based on a methodology of analysing air quality in the city across nine locations, issuing a daily data report for the previous 24 h
 "TERI cautions against regularisation of odd-even scheme")
India draws up red lines on Asia free trade pact before key meeting
India is under increasing pressure to complete negotiations and decide on whether it will be part of RCEP.
 "India draws up red lines on Asia free trade pact before key meeting")
Fines 'improving' road traffic in Delhi, govt may cut steep penalties: CM
The new fine structure has improved traffic and made enforcement of traffic rule easier, Kejriwal said
 "Fines 'improving' road traffic in Delhi, govt may cut steep penalties: CM")
States must ease sugar sector norms for better Ease of Doing Biz rank: Kant
Kant highlighted that tourism, alcohol-beverages and sugar industries have the potential to generate jobs and fuel India's growth story
 "States must ease sugar sector norms for better Ease of Doing Biz rank: Kant")
New govt data shows AAP's odd-even rule did not improve Delhi's air quality
The main reason for the failure is because no more than 25% of fine, toxic particles are emitted by cars and trucks in winter
Govt exploring options to sell majority stake in BPCL to global oil firm
The government has set a record target of raising Rs 1.05 trillion ($14.8 billion) in the current fiscal year from sale of state firms.
 "Govt exploring options to sell majority stake in BPCL to global oil firm")
Indian pharma exports may hit $22 bn in the current financial year: Report
Policy decisions being taken by the Chinese government may align favourably to Indian pharma exporters
 "Indian pharma exports may hit $22 bn in the current financial year: Report")
US expresses concern over trade deficit, 'investment challenges' in India
Asserting that there is scope to further boost trade with the US, Indo-American Chamber of Commerce National President S K Sarkar said the target is to achieve a bilateral trade of $500-bn by 2022
312 Sikh foreign nationals removed from blacklist, they can now visit India
The decision has been taken after a review carried out by different security agencies on the Adverse List or blacklist containing the names of Sikh foreign nationals
 "312 Sikh foreign nationals removed from blacklist, they can now visit India")
After weak GDP numbers, IIP grows 4.3% in July against 1.2% in June
Experts say too early to call it 'industrial recovery'
 "After weak GDP numbers, IIP grows 4.3% in July against 1.2% in June")
Can't achieve $5 trn economy target if growth keeps going down: Manmohan
Singh said Prime Minister Narendra Modi has been talking about achieving $5 trillion economy by 2024 but in the present situation it looks like a "piped dream"
 "Can't achieve $5 trn economy target if growth keeps going down: Manmohan")
Facebook's Nicholas Clegg counters Mukesh Ambani, says data isn't oil
Facebook global affairs V-P says India must push free flow of information
 "Facebook's Nicholas Clegg counters Mukesh Ambani, says data isn't oil")
States rule out GST rate cut on automobiles amid grim revenue situation
Says slowdown in sector not linked to GST
 "States rule out GST rate cut on automobiles amid grim revenue situation")
Parliament, Central Secretariat may get a new look on 75th Independence Day
The government is yet to arrive at the estimated cost for the project
 "Parliament, Central Secretariat may get a new look on 75th Independence Day")
Scheme for easier export credit to be announced soon: Piyush Goyal
Scheme to ease the availability of export credit, especially for small businesses'
IT, BFSI and e-commerce to lead job growth despite economic slowdown
Company officials estimate that the IT sector has been able to register a net growth in job creation despite high attrition levels
 "IT, BFSI and e-commerce to lead job growth despite economic slowdown")