Page 2242 - Economy & Policy News

India may lose productivity worth 34 mn jobs in 2030 due to global warming

Construction will also be 'severely impacted', with an estimated 19 per cent of global working hours lost at the end of the next decade, ILO says

APAC M&A activity in first half of 2019 slows to 1,525, lowest since 2013

The global market share of Asia Pacific region also shrank to 13.4 per cent from 18.6 per cent during the same period last year

Finance ministry asks EPFO to reduce annual fund payout of 8.65%: Report

There are concerns that the high return would hurt the economy by reducing banks' ability to lend at attractive rates

Jalan panel seeks to convince Subhash Garg to tone down dissent note

Garg wants the panel to recommend tapping the 'unrealised gains' in the revaluation accounts of the central bank, while Jalan is not in favour of it

Run-up to Budget 2018-19: India's medium-term fiscal outlook under a cloud

Lower revenue collection, in turn, puts upward pressure on government borrowing, ensuring that it deviates from the glided path of debt reduction

Chhattisgarh planning panel approves Rs 34,715-cr plan outlay

The outlay had given focus on the agriculture sector with special stress on increasing the irrigation potential in the state

Bengal presents vote-on-account with 17% state plan outlay rise

Despite high growth, the outstanding debt of the govt crossed Rs 3 lakh crore in 2015-16

AP raises plan outlay in 2016-17 budget

Proposes a total expenditure of Rs 1.35 lakh crore with a revenue deficit of Rs 4,868 crore

Odisha pegs plan outlay at Rs 45,000 cr in FY 17

A tad higher than Rs 44,150 crore approved for the previous financial year

Bengal plan outlay raised by 17%

In FY16, the state overshot its expenditure target to Rs 53,101 crore, a 34% rise over 2014-15, an all-time record, said Amit Mitra

IRFC to remain post rail budget merger

Indian Railway Finance Corporation is a dedicated financing arm that helps raise money from the market to partly finance the plan outlay of Indian Railways

States expect subdued revenue receipts in FY20; cut expenditure growth

With revenues expected to grow at a slower pace, states have curtailed their expenditures

Fiscal deficit hits 52% of FY20 budgeted target at Rs 3.66 trillion

Net tax receipts in the first two months of the fiscal year were Rs 1.15 trillion, while total expenditure was Rs 5.13 trillion, government data showed

Pace of revenue expenditure slows as fiscal deficit target looms

Finance Minister Arun Jaitley has said the fiscal deficit target of 3.3 per cent of gross domestic product (GDP) will be met without any cut in capital expenditure

How UDAY and pay revision are restricting Rajasthan's fiscal space

Limited fiscal room has led to the state cutting back on capital outlay and social sector spending

States' expenditure rise 15% annually since 2011, says study

The findings by PRS Legislative Research shows the overall expenditure of all states has soared from Rs 12.47 trillion in 2011-12 to Rs 33.18 trillion in 2018-19

'Minimum Government' pledge takes back seat as staff compensation soars

Pensions and salaries took away more than a fourth of government's revenue spend in 2017-18 and 2018-19

Budget 2019 wishlist: Here are the key challenges for real estate sector

While there has been an upsurge in activities in asset classes such as commercial, warehousing and retail, the residential market has largely seen a flattish trend

Interim Budget 2019: Middle class cheer likely; I-T exemption cap may go up

The interim Budget will be presented on February 1. Finance Minister Arun Jaitley, who is in New York for a medical check-up, will be back by the end of January and is expected to present it

LS passes Finance Bill 2018; unlisted stocks to get indexation benefits

Finance Bill passed by Lok Sabha without debate; relief for start-ups, PPF holders