Page 2405 - Economy & Policy News

Year ender 2018: The release of GDP back series was long overdue

In July, an expert committee set up by the National Statistical Commission released a series to show that GDP grew even faster than was estimated for some years under UPA

NCLT helps recover Rs 800 bn in 2018; kitty may cross Rs 1 trillion in 2019

As per estimates, the IBC has helped address stressed assets worth approximately Rs 3 trillion -- directly or indirectly -- since the new law came into force in December 2016

Will Jaitley manage to hold on to fiscal deficit target in 2018-19?

Latest data from the CGA notes that govt has already exceeded its deficit target by over 4% after seven months

Despite global trade war, India managed to grow its exports in 2018

The year started with monthly trade deficit soaring to a 56-month high

GST continues to pose problems even after 18 months of its roll out

While monthly collections have crossed the Rs 1 trillion mark twice in the current year, they remain well below the desired monthly run rate

States with fiscal space can go for farm loan waivers, says Arun Jaitley

Jaitley also said there would be no shortfall this year in disinvestment and non-tax revenues

Job creation & its discontents: Did Modi govt achieve the target?

The study by two independent researchers analysed provident fund data held by EPFO to map job creation in the private formal sector

Rewind 2018: Urjit Patel's resignation is a beginning of a new story

Govt also pushed for RBI decision-making to be a more consultative process, meaning board members should have more say

Blame game over shortage of urea in Madhya Pradesh and Rajasthan

Urea is sold at the government fixed price of Rs 5,360 per tonnes. It is the most commonly used fertiliser because it is highly subsidised

Year ender 2018: NPAs of Indian banks surged past Rs 10 trillion

Not surprisingly, the gross NPA of all listed banks jumped to Rs 10.25 trillion in the March quarter, from Rs 8.86 trillion in the December 2017 quarter

Rewind 2018: Aviation sector was a story of contrasting fortunes

ATF prices have declined on a month-on-month basis

Odisha eyes marquee hotel brands to boost sports tourism

The state government is making incessant efforts to position Bhubaneswar as the country's sports capital

Inheritance tax ensures large endowments for Western institutions: Jaitley

India too had this tax, but it was abolished by the Rajiv Gandhi government in 1985

Fresh capacity addition in thermal, hydro power tanks 69% in Apr-Nov

Renewable energy, on the contrary, is poised for firm growth despite several headwinds; 13,000 Mw of net renewable addition seen this fiscal

Statue politics: Yogi announces Vajpayee's statue in UP seat of power

Earlier, UP government had announced Lord Ram's 221-metre statue in Ayodhya

NTPC for single-window MSE registration to boost ease of doing business

As against the govt mandate for minimum 25% procurement from MSEs, NTPC has achieved 36% procurement from MSEs in the current fiscal till Nov 2018

In election year, Modi govt doesn't reduce Haj boarding points below 21

The committee to review the previous Haj Policy (2013-17) had suggested reducing the boarding points from 21 to nine

Schools can't make Aadhaar mandatory for admissions, cautions UIDAI

In September this year, the Supreme Court ruled that Aadhaar was not mandatory for bank accounts, mobile connections or school admissions

IT industry keeping hopes high for 2019 with big bucks in automation, AI

For the industry body Nasscom, 2018 has been the year of 'Digital at Scale' as IT firms focussed on leveraging new technologies and ensuring sustainability by creating right skills

Ministry proposes to set up governing council to boost shipments from MSMEs

A formal platform may also be created by the ministry to ensure that it is involved in all bilateral and multilateral trade negotiations which have an impact on the enterprises