Page 2336 - Economy & Policy News

Dark days ahead for rupee over trade, Lok Sabha election jitters: poll

the Indian currency, which is down about 1 percent this year, is forecast to weaken nearly 2 percent by end-May, suggesting upcoming elections are a clear risk.

Will Trump's move to deny India duty free exports work? Here's a shiny clue

In expelling India, the largest GSP beneficiary, Trump is making a declaration: While its trade relationship with New Delhi may not be as frayed as it is with Beijing, it's certainly fraught

At 30%, India's youth inactivity highest among emerging mkts: IMF economist

Data compiled by CMIE claimed that the unemployment rate in India rose to 7.2 per cent in February 2019

Banks want RBI to defer IndAS roll-out over higher loan-loss provisioning

Banks would be required to prepare financial statements for the financial year beginning April 2019 as well as for the previous year for comparative purpose under IndAS

Coming soon: Higher tariffs on 29 key US imports announced last year

The new taxes are proposed to rake in an estimated $240 million extra

Economists urge govt to release NSSO data on employment without any changes

Chief statistician Pravin Srivastava gave a presentation on the findings of the NSSO report

Dip in sugar prices negates part of Centre's incentives to clear cane dues

For January 2019 and February 2019, however, the Union Ministry of Food had set a sugar quota of 1.85 mt and 2.1 mt, respectively

India considers moving WTO against US over withdrawal of import sops

Providing fiscal support to domestic exporters of those sectors hit by the US decision and imposing retaliatory duties are also among the options considered by India

PM Modi to launch renewable energy projects worth Rs 9,300 crore in UP

UP eyeing renewable energy capacity of 10,700 mw in near future

UP fast tracks Ayodhya, Kushinagar airports to boost religious tourism

Yogi government to transfer Kushinagar airstrip to AAI for development

Punjab allows industrial units to choose between Net GST, incentivised SGST

The cabinet, chaired by Chief Minister Amarinder Singh, approved an amendment to the Punjab Goods & Services Tax Act 2017

SC decision puts banks at risk of adding $25 bn to power sector NPAs

Banks could face a 75 per cent loss ratio on their lending to these stressed companies which are on brink of bankruptcy, according to a Bank of America Merrill Lynch estimate

Will the slump in rural consumption set the tone for 2019 poll rhetoric?

While FMCG products are doing well, auto sales receded in recent quarters, and the verdict on tractor sales was mixed

How India's women are becoming a powerful political force ahead of polls

A record 65.3 per cent of India's 260 million women voters cast a ballot in the 2014 polls that swept Modi to the biggest parliamentary majority in three decades

Protectionist policy won't work: US trade snub is a wake up call for India

India's turn towards protectionism may have gone relatively unremarked in the rest of the world so far, but there was always going to be damaging blowback

How can India boost wages? By pushing for more, not less globalisation

Workers who are educated, urban and male tend to benefit more from the export gain, according to the study

Japanese retail investors are renewing interest in rupee denominated bonds

The Goldman bonds, even with zero coupon, are issued at a discount implying a yield of 6.947%

NBFCs looking at offshore funds to diversify borrowing sources

The relaxation in the ECBs and masala bonds norms has made it attractive for the NBFCs and HFCs to tap into the offshore credit market for funds

US move to end India's preferential trade treatment will backfire: Experts

Overall impact of US move expected to be minimal on domestic industry

Govt to focus on lowering tax rate and widening base, says Arun Jaitley

In his second Budget, Jaitley had announced that the corporation tax rate would be cut to 25% over four years