Page 2289 - Economy & Policy News

2 years of Insolvency and Bankruptcy Code: Resolution a distant goal

More than two years into operation, the new bankruptcy resolution framework has created opportunities, but at a heavy cost, as of now

Farmers losing the plot due to illiteracy, small farm size, poor rain

India, with 18 per cent of world population, has 9.6 per cent, that is, 179.8 million hectares (mh) of global net cropland area

Here're the credit expansion trajectory in five years of Modi govt

Bank support to NBFCs on onward lending was in double-digit for four years. It was strong in FY18 and FY19

CBDT and GSTN sign pact to nab evaders, reduce black money generation

The move will allow the I-T department to verify the information filed by businesses in income tax returns, compared to the annual GST returns

Tax benefit issue sets companies, GST body on collision course again

Interpretation of the law is an important aspect, say executives at FMCG firms

Mining sector wants 'One Tax Regime', seeks 40% cap on effective rate

India's mineral sector is the most taxed among all countries, with the effective tax rate on mining as high as 60-64%

Stray bovine on the fields, Jaunpur farmers fight a cattle battle

With just about 10 per cent of Muslims in the region, the conflict in Jaunpur is caste-based - between the upper and lower castes

Odisha and Maharashtra seek poll code relief over Fani, drought

Supreme Court seeks EC response over rule violations by Modi, Shah

Madras High Court division bench rules in favour of RBI in NoF dispute

The order was on an appeal filed by the RBI against the order passed by a single judge earlier this year

India's core sector growth rises 4.7% in March, most in five months

Annual growth remains unchanged in FY19 at 4.3%

India's March infrastructure output grows 4.7% year-on-year: Govt

Infrastructure output, which comprises eight sectors - such as coal, crude oil and electricity - accounts for nearly 40 per cent of India's industrial output

Kiran Bedi can't interfere in Puducherry govt's day-to-day affairs: HC

Petitioner had alleged that Puducherry Lt Governor Kiran Bedi was interfering in the day-to-day administration of the territorial government, its policies and programmes

India Ratings lowers country's GDP growth projection for FY20 to 7.3%

Key reasons for downward revision are the prediction of lower-than-normal monsoon for 2019 and continued agrarian distress

India's power goals slip out of reach as losses rise to Rs 24,000 crore

The discoms' inability to pass on cost increases remains a key hurdle for revival of the electricity distribution sector

Bengaluru-bound Hamsafar Express derails near Assam-Tripura border

Nobody was injured when a pair of wheels of the Hamsafar Express from Agartala to Bengaluru derailed between Churaibari and Kalkalighat stations

The poor get LPG cylinders under Modi's PMYU but they can't afford refills

Goti Bai's LPG cylinder sat behind bales of cattle fodder. 'We don't have the money to buy a refill,' Got Bai explained

Explained: How service sector benefited and govt lost revenue after GST

Companies were able to set off a higher share of tax liability using input-tax credit in the first year of GST

Garden Reach Shipbuilders wins Rs 6,311 crore Indian Navy contract

In parallel, Kerala state shipyard, Cochin Shipyard will build another eight ASWSWCs for the same price

India notifies pact with US for exchange of reports on tax evasion by MNCs

A CbC report aggregates country-by-country information relating to the global allocation of income, taxes paid, and certain other indicators of an MNC

Benign input cost likely to lift profit margins of domestic tyremakers

Manufacturers focus on replacement market as fresh demand slows