Page 2275 - Economy & Policy News
India out of US currency manipulator watch list; here's why it means little
The inclusion of a country on this list is merely a pressure tactic, mainly targeted at China, say experts
 "India out of US currency manipulator watch list; here's why it means little")
RBI constitutes task force on secondary market for corporate loans
The task force would design the market structure for loan sales/auctions
 "RBI constitutes task force on secondary market for corporate loans")
SC agrees to hear govt on CGST, asks high courts to not hear such cases
The central government had moved SC seeking clarification on its powers to arrest a person without filing an FIR under the CGST
 "SC agrees to hear govt on CGST, asks high courts to not hear such cases")
Job woes to remain if manufacturing doesn't pick up: Kotak Securities
The merger of SBI with associates had resulted in restructuring of the workforce
 "Job woes to remain if manufacturing doesn't pick up: Kotak Securities")
Devendra Fadnavis' drought-free Maharashtra plan by 2019 comes a cropper
Second part of the series maps how over 40% talukas in the state still face water crisis
 "Devendra Fadnavis' drought-free Maharashtra plan by 2019 comes a cropper")
Devendra Fadnavis moots penalty on lenders failing to meet crop-loan target
The crop-loan target for FY19 was Rs 58,324 crore for Maharashtra
 "Devendra Fadnavis moots penalty on lenders failing to meet crop-loan target")
With G24 backing, India to battle it out with US, UK to tax digital firms
The OECD report on the subject will be finalised in 2020. India has the backing of 28 countries of G24
 "With G24 backing, India to battle it out with US, UK to tax digital firms")
Dedicated Freight Corridor gets a new deadline, it's a race against time
DFC may finally see the light of day with the Narendra Modi government planning to complete it by December 2021, ahead of India's 75th Independence day in 2022
 "Dedicated Freight Corridor gets a new deadline, it's a race against time")
US removes India from its currency monitoring list; China, Japan stay
India maintains ample reserves according to the IMF metrics for reserve adequacy
 "US removes India from its currency monitoring list; China, Japan stay")
Renewable energy needs a reforms push to attain green energy targets: Study
Despite marked strides in green energy propped up by policy initiatives, more reforms in the pipeline should be sped up, US-based think-tank IEEFA noted in the study
 "Renewable energy needs a reforms push to attain green energy targets: Study")
DPIIT proposes national retail policy as part of its 100-day action plan
Views of all stakeholders, including state governments, would be taken while framing the policy as retail trade is also governed by the Shops and Establishment Act, which is implemented by states
 "DPIIT proposes national retail policy as part of its 100-day action plan")
Domestic air traffic registers negative growth in April, worst in 5 years
"Driven by tariffs and trade disputes, global trade is falling, and as a result, we are not seeing traffic growing at the same levels as a year ago," IATA Director General and CEO Alexandre de Juniac
 "Domestic air traffic registers negative growth in April, worst in 5 years")
India 43rd most competitive economy, Singapore tops the list: Report
Singapore has moved up to the top, from the third position last year, while the US has slipped to the third place in the 2019 edition of the IMD World Competitiveness Rankings
 "India 43rd most competitive economy, Singapore tops the list: Report")
100-day agenda: Commerce ministry pushes for separate logistics department
Official estimates put the size of the Indian logistics market at $100-125 billion and growing at about 5% annually
 "100-day agenda: Commerce ministry pushes for separate logistics department")
FDI inflows contract in FY19, first in 6 yrs, on weak economic conditions
Singapore replaces Mauritius as the top source of FDI
 "FDI inflows contract in FY19, first in 6 yrs, on weak economic conditions")
India's power production to grow 5-6% in FY20 on new household demand
The country's total power production grew by 5.1 per cent to 1,375 billion units in FY19 against 5.3 per cent rise in FY18
 "India's power production to grow 5-6% in FY20 on new household demand")
New merit of power supply: Cost reduction for gencos, savings for discoms
To reduce the cost of electricity, the Ministry of Power in 2016 introduced a mechanism and monitoring portal called MERIT
 "New merit of power supply: Cost reduction for gencos, savings for discoms")
Short-duration crops take a hit as water crisis strikes Tamil Nadu
The first of a five-part series assesses the drought situation in the state
 "Short-duration crops take a hit as water crisis strikes Tamil Nadu")
India moves up to 43rd place on competitiveness; Singapore takes top slot
Singapore has moved up to the top, from the third position last year, while the US has slipped to the third place in the 2019 edition of the IMD World Competitiveness Rankings
 "India moves up to 43rd place on competitiveness; Singapore takes top slot")
Rising under-recoveries to hit OMC profit even as crude prices rise: Report
In fiscal 2019, profitability of OMCs was hit as their average gross refining margin (GRM) declined by a third to $5.3 per barrel from $7.9 in fiscal 2017-18
 "Rising under-recoveries to hit OMC profit even as crude prices rise: Report")