Page 2188 - Economy & Policy News
Buyers beware, you can lose your property if the developer defaults
If the builder has defaulted to a lender and the latter wants to take possession of the property, homebuyers should approach debt recovery tribunal for a stay order
 "Buyers beware, you can lose your property if the developer defaults")
Textile ministry to skill 400,000 people under Samarth scheme in 18 states
The number of beneficiaries in Tamil Nadu is estimated at 1,400 covering the textiles and handloom segment
 "Textile ministry to skill 400,000 people under Samarth scheme in 18 states")
Carmakers eye subscription, leasing to offset dwindling dealership sales
These new business models have been driven by the changing dynamics of transportation and vehicle ownership
 "Carmakers eye subscription, leasing to offset dwindling dealership sales")
Why J&K's reorganisation makes it similar to Delhi, not Puducherry
The J&K Reorganization Act makes it clear that the 'Delhi model' will be followed on policing and public order. On issues like land and powers of court, there is no clarification
 "Why J&K's reorganisation makes it similar to Delhi, not Puducherry")
Why the case for foreign currency sovereign borrowing is not tenable
The Budget proposal will bring little benefit to the country, writes V K Sharma.
 "Why the case for foreign currency sovereign borrowing is not tenable")
Spending on police by states improves after several years, but gaps remain
Most of the outlay is towards salary and housing; ammunition remains neglected to the point that personnel have very little to fight crime
 "Spending on police by states improves after several years, but gaps remain")
Make cooking gas cheaper for poor, remove subsidy for rich: Study
By distributing 73 million connections (as on July 14, 2019), the Ujjwala scheme has met 91.25% of its target of 80 million connections to poor households by 2020
 "Make cooking gas cheaper for poor, remove subsidy for rich: Study")
Why Mukesh Ambani's 'cautious actions' could be a bad sign for the economy
Why is Ambani hitting the brakes on a seven-year, $100 billion investment spree across refining, petrochemicals, telecom and retail?
 "Why Mukesh Ambani's 'cautious actions' could be a bad sign for the economy")
Jalan panel reviewing RBI's economic capital framework to meet on Wednesday
This will be the first meeting of the six-member expert committee since Subhash Chandra Garg was abruptly shifted from finance to power ministry last month
 "Jalan panel reviewing RBI's economic capital framework to meet on Wednesday")
It will take 1-2 years to come out of economic slowdown: Bimal Jalan
The former RBI governor shares his views on the slowdown.
 "It will take 1-2 years to come out of economic slowdown: Bimal Jalan")
India's smartphone shipment up 10% in Q2, Xiaomi leads Samsung: IDC report
A total of 69.3 million mobile phones were shipped to India in the June 2019 quarter, up by 7.6 per cent over the previous quarter
 "India's smartphone shipment up 10% in Q2, Xiaomi leads Samsung: IDC report")
Will not allow cost of knee implants to rise beyond 10% in a year: Govt
The NPPA notified the ceiling price of orthopaedic knee implants on 16th August, 2017
 "Will not allow cost of knee implants to rise beyond 10% in a year: Govt")
Housing finance companies to be treated as NBFCs; come under RBI oversight
Finance Minister Nirmala Sitharaman in her maiden Budget 2019-20 speech in early July had announced that the National Housing Bank (NHB) will not remain as the regulator for the HFCs
 "Housing finance companies to be treated as NBFCs; come under RBI oversight")
Haryana will soon be first North Indian state to end stubble burning: Govt
Farmers in Punjab, Haryana, and western Uttar Pradesh burn paddy straws to prepare the field for the next crop around October
 "Haryana will soon be first North Indian state to end stubble burning: Govt")
Govt issues guidelines for Rs 1 trillion partial guarantee scheme for NBFCs
NBFCs, including housing finance companies (HFCs), came under stress following series of defaults by the group companies of IL&FS in September last year
 "Govt issues guidelines for Rs 1 trillion partial guarantee scheme for NBFCs")
RBI allows startups, financial institutions to set up regulatory sandbox
Regulatory sandbox refers to live testing of new products or services in a controlled/test regulatory environment for which regulators may permit certain relaxations for the limited purpose of testing
 "RBI allows startups, financial institutions to set up regulatory sandbox")
Retail inflation dips slightly to 3.15% in July despite costlier food items
Fuel and light saw deflation in July at 0.36 per cent against 2.32 per cent inflation in the previous month
 "Retail inflation dips slightly to 3.15% in July despite costlier food items")
Consumption-driven growth behind 'serious slowdown', warns SBI MF
"Consumers were dis-saving and consuming more than their income, helped by increasing access to the leverage. Such growth has its own limits," the fund house's chief investment officer told reporters
 "Consumption-driven growth behind 'serious slowdown', warns SBI MF")
Retail inflation dips slightly to 3.15% in July despite costlier food items
The inflation in the food basket was 2.36 per cent in July, marginally up from 2.25 per cent in the previous month
 "Retail inflation dips slightly to 3.15% in July despite costlier food items")
Gujarat sees upsurge in kharif sowing, water storage post heavy rains
Barring a few areas that were affected by flooding due to torrential rains, agricultural dept officials say that overall the state has gained from the recent spell
 "Gujarat sees upsurge in kharif sowing, water storage post heavy rains")