Page 2326 - Economy & Policy News
US says door open if India has serious proposals to resolve trade issues
Trump administration wants India to submit plan for trade and market access
 "US says door open if India has serious proposals to resolve trade issues")
Trump's trade war to cost US economy $7.8 billion in 2018: study
Authors of the paper said they analysed the short-run impact of Trump's actions and found that imports from targeted countries declined 31.5 percent while targeted U.S. exports fell by 11 percent.
 "Trump's trade war to cost US economy $7.8 billion in 2018: study")
RBI issues guidelines to prevent misuse of price-sensitive market info
The directions, the RBI added, would exclude transactions executed through the recognised stock exchanges
 "RBI issues guidelines to prevent misuse of price-sensitive market info")
Realty firms under anti-profiteering lens for not passing GST benefits
Complaints have been filed in Mumbai, New Delhi, Gurugram, Ahmedabad, Bengaluru, Chennai and Kolkata among other cities
 "Realty firms under anti-profiteering lens for not passing GST benefits")
Compliance eased for US companies operating in India, says CBDT
India and US will be signing an information-sharing agreement before the end of the fiscal year
 "Compliance eased for US companies operating in India, says CBDT")
India will continue economic reforms irrespective of who wins LS polls: CEA
'The goods-and-services tax has given us a template for reforms absent a crisis,' chief economic adviser Krishnamurthy Subramanian said
 "India will continue economic reforms irrespective of who wins LS polls: CEA")
Pending petroleum subsidy held back to make room for PM-Kisan scheme
The year could end with only about Rs 16,400 crore and Rs 4,000 crore being allocated for LPG and kerosene, respectively
 "Pending petroleum subsidy held back to make room for PM-Kisan scheme")
2019 Lok Sabha Election: BJP hopes to reap poll gains from 'PM Kisan' in UP
Over 10 million farmers have received Rs 2,000 crore under the flagship scheme
 "2019 Lok Sabha Election: BJP hopes to reap poll gains from 'PM Kisan' in UP")
As Mumbai builds infrastructure, construction companies build order books
Larsen & Toubro, Hindustan Construction Company, Reliance Infrastructure, Tata Projects, JKumar Infraprojects and Simplex Infrastructure together have an outstanding order book of Rs 3.95 trillion
 "As Mumbai builds infrastructure, construction companies build order books")
Like flying, piloting is also becoming the preserve of the rich
Today, the cost of training as a pilot in India has reached stratospheric levels
 "Like flying, piloting is also becoming the preserve of the rich")
Govt turns to PSBs to fast track redevelopment of railway stations
This approach is vital for completion of the station redevelopment programme as the project saw a lukewarm response from real estate players in previous tenders
 "Govt turns to PSBs to fast track redevelopment of railway stations")
Trade deficit narrows to $9.59 billion in Feb, exports grow by 2.4%
The largest component of the import bill, crude oil, saw inbound shipments declined by 8 per cent, up from the 3.59 per cent fall in the previous month
 "Trade deficit narrows to $9.59 billion in Feb, exports grow by 2.4%")
Cos can raise product weight in lieu of price cut to pass on GST benefit
However, benefits must be passed on to consumers at SKU level, clubbing with promos not allowed, says National Anti-Profiteering Authority
 "Cos can raise product weight in lieu of price cut to pass on GST benefit")
Experts' group asks govt to withdraw changes in intermediary guidelines
The coalition asked the government to withdraw the draft amendments proposed to the Information Technology (Intermediary Guidelines) Rules
 "Experts' group asks govt to withdraw changes in intermediary guidelines")
February trade deficit narrows to $9.60 bn as gold and oil imports fall
Imports declined by 5.4 per cent to $36.26 billion in the last month, narrowing the trade deficit to $9.6 billion
 "February trade deficit narrows to $9.60 bn as gold and oil imports fall")
Jan Aushadhi scheme may disrupt 20% of Indian pharma market sales: Report
India has over 5,000 Jan Aushadhi stores that cover a list of 800 plus drugs, both chronic and acute
 "Jan Aushadhi scheme may disrupt 20% of Indian pharma market sales: Report")
US rolling back sops won't hurt Indian shrimp exports: MPEDA
India exports seafood worth $2,300 mn to American market with flagship item being frozen shrimp, which is exempted from tariff and is not covered under GSP regime
 "US rolling back sops won't hurt Indian shrimp exports: MPEDA")
Urgent need to address threat to jobs due to technology: Niti Aayog CEO
According to Kant, if the threat to employment is not immediately addressed, it can have serious repercussions on India's future generations
 "Urgent need to address threat to jobs due to technology: Niti Aayog CEO")
Sand price almost doubles in Chhattisgarh with new mining policy
State recants mining rights from panchayats, state-owned CMDC new miner
 "Sand price almost doubles in Chhattisgarh with new mining policy")
Fintech sector can't deliver if data is kept personal: Finance Secy Garg
He said Supreme Court's Aadhar judgement was a setback for the fintech industry, and that Aadhar offered an advantage to the industry, but taking it away may not help the sector
 "Fintech sector can't deliver if data is kept personal: Finance Secy Garg")