Page 2306 - Economy & Policy News
Poll says politics, monetary policy easing to hurt rupee, may cross 70/$
In the latest survey of nearly 50 strategists, taken April 1-3, the rupee was forecast to weaken about 3 percent over the next year to 70.38
 "Poll says politics, monetary policy easing to hurt rupee, may cross 70/$")
Business as usual no longer an option for the energy industry: ABB's Nuguri
Nuguri said the world is moving to new and varied sources of renewable energy and ABB is working towards a low-carbon sustainable-energy future from fossil fuels.
 "Business as usual no longer an option for the energy industry: ABB's Nuguri")
US 'clamoring for avocados' after Trump's threat to shut Mexico border
Fearing that a border lockdown would prevent Mexico from shipping the 80 percent of avocados that the United States consumes, processors and wholesalers have started stockpiling the prized fruit
 "US 'clamoring for avocados' after Trump's threat to shut Mexico border")
Govt in damage control mode after SC verdict, Sec 35 may be invoked
Section 35AA empowers the central government to authorise the RBI "for issuing directions to banking companies to initiate insolvency resolution process"
 "Govt in damage control mode after SC verdict, Sec 35 may be invoked")
Sugarcane turns bitter for ruling BJP ahead of crucial Lok Sabha polls
While the opposition has been sharpening attacks on the state govt over mounting sugarcane arrears, the chief minister has been claiming credit for ensuring total sugarcane payments worth Rs 58,000 cr
 "Sugarcane turns bitter for ruling BJP ahead of crucial Lok Sabha polls")
Indian Railways receives boost from govt to finance strategic projects
The railways had already used 80 per cent of its budgetary support by mid-March
 "Indian Railways receives boost from govt to finance strategic projects")
Will there be another rate cut at RBI's Monetary Policy Committee meeting?
A rate cut weakens the rupee as foreign funds reduce their investments, but the flows have been strong and the central bank, encouraging the RBI to continue with its dollar swaps again in April
 "Will there be another rate cut at RBI's Monetary Policy Committee meeting?")
Investments in 2019: A Snapshot of PE activity and deals in charts
Banks were the second, attracting $1,201.2 million (17.06%) across 209 deals in 2019
 "Investments in 2019: A Snapshot of PE activity and deals in charts")
Below-normal monsoon likely this year, El Nino effect to blame: Skymet
According to Skymet, June and July will have less rains
 "Below-normal monsoon likely this year, El Nino effect to blame: Skymet")
From KKR to Blackstone, global PE firms betting big on private credit
KKR's US counterpart Blackstone disbursed about Rs 3,500 crore in the last year in both real estate and non-real estate private credit
 "From KKR to Blackstone, global PE firms betting big on private credit")
India set to grow at 7.2% this fiscal on rising consumption: ADB
Strengthening domestic demand will offset weaker export growth
 "India set to grow at 7.2% this fiscal on rising consumption: ADB")
After SC verdict, asset reconstruction firms' wait for returns get longer
This comes at a time when the government is toying with the idea to launch a new asset reconstruction company for the power sector, which is saddled with bad loans worth Rs 2.5 trillion
 "After SC verdict, asset reconstruction firms' wait for returns get longer")
25 basis points cut to improve transmission
The question for MPC is whether inflation would further undershoot its own FY20 expectations
Tax collected from 'Panama Papers' probes exceeds $1.2 billion: report
Britain has recouped some USD 253 million, France $136 million and Australia $93 million, the International Consortium of Investigative Journalists (ICIJ) posted on its website.
 "Tax collected from 'Panama Papers' probes exceeds $1.2 billion: report")
Tax board's proposal of lowering budget target to Rs 11.3 trn shot down
The direct tax collections are likely to fall short of the revised Budget target by Rs 650 billion and, in fact, were Rs 150 billion lower than the original estimate for the fiscal
 "Tax board's proposal of lowering budget target to Rs 11.3 trn shot down")
Submit all tariff plans of segmented offers every month: Trai to telcos
Trai has asked telecom operators to submit a declaration that the benefits of segment offers have been made available to all existing customers
 "Submit all tariff plans of segmented offers every month: Trai to telcos")
Why PM-Kisan could be a bankable project
The scheme has covered almost 60 per cent of small farmers who registered for it but the election model code of conduct delays an extended roll-out
 "Why PM-Kisan could be a bankable project")
'Un'-social media? How to regulate a technological challenge to democracy
All stakeholders need to come together to find a regulatory solution and prevent social media from turning unsocial
 "'Un'-social media? How to regulate a technological challenge to democracy")
India to achieve 7.2% of ethanol blending with petrol this season
The current consumption of fuel sets 3300 million litres of ethanol requirement to achieve 10 per cent of blending target by 2022 for the entire country
 "India to achieve 7.2% of ethanol blending with petrol this season")
Indian elections: Democracy dancing to the tune of populism since 1982
From NTR's promise of rice at Rs 2 a kg to PM-KISAN and the Congress' NYAY scheme, Business Standard traces the history of populist announcements before elections in India
 "Indian elections: Democracy dancing to the tune of populism since 1982")