Page 2440 - Economy & Policy News

GDP back series data: New figures throw up a productivity puzzle

Gross fixed capital formation, which connotes investment in the economy, had touched a high of 35.8 per cent in 2007-08, declining thereafter to 28.5 per cent in 2017-18

FY19 growth likely at 7-7.4%; industrial outlook remains mixed: NCAER

The growth rates of exports and imports, in dollar terms, are estimated at 11.8% and 16.9%, respectively

SMEs capitalise on agility, innovation to drive revenue growth: Survey

Rising borrowing costs and access to finance is making SMEs to look at alternate options of raising funds to fuel their ambitious growth

NTPC to operationalise 800 Mw at Odisha's Darlipalli power plant in FY19

"The commissioning activities of 800 Mw are going on. The unit will be operational in the current financial year", said a senior NTPC official

Slow tax reforms to blame for fiscal consolidation drive: Bibek Debroy

He said a simplified tax regime with reduced compliance cost requires standardisation, harmonisation and elimination of tax exemptions

Every household to be electrified by Dec 31 under Saubhagya: Power minister

Some states such as Gujarat, Goa, Andhra Pradesh, Tamil Nadu, Kerala and Punjab and the Union Territories are already 100 per cent electrified

Odisha drags feet on DMF funds use, ranks 7th on project implementation

Most states are sluggish to spend DMF funds. Tamil Nadu, Karantaka and Telanagana have lacklustre spending rate of below 10 per cent

Subsidy on interest rates raised for small exporters hit by note ban, GST

This is the latest step after the central bank decided to consider allowing banks to restructure stressed loans to small businesses following persistent demand from the government

RBI should be held accountable for IL&FS crisis: Arvind Subramanian

Subramanian calls upon RBI to step up its abilities in areas of supervision and part with its mammoth reserves to recapitalise ailing state-run lenders

UP to launch industrial, infra projects worth Rs 500 billion next month

These projects are part of the Rs 4.68 trillion worth of memorandum of understanding (MoU) signed with public and private sector companies during the 'UP Investors Summit' here on 21-22 February, 2018

'Discuss, dissect' GDP data: NITI Aayog V-C accepts Chidambaram's challenge

Chidambaram had termed the revision of GDP data as a 'hatchet job' by NITI Aayog and said it was time to wind up the 'utterly worthless body'

CBDT allows tax officials to widen scope of certain limited scrutiny cases

It also asked officers to 'invariably pick up such cases' for review and inspection so that the taxpayer is not harassed and no roving or fishing enquiry takes place against them

Q2 GDP growth likely fell to 7.4%; slowdown may stay till elections: Poll

Some economists expect economic growth could slow to around 7 per cent in the second half of the current fiscal year

India needs more reforms to breach 8% growth ceiling: NITI Aayog VC

Kumar said that the former Finance Minister P Chidambaram has done great disfavour to officers of CSO by criticising back-series GDP data

NITI Aayog under fire for holding press conference on revised GDP data

A top source in the government said the controversy could have been avoided by keeping out the NITI Aayog from the announcement press conference

GDP revision: Quarreling about the past is New Delhi's favourite pastime

Exciting new GDP variables: Under which ruling party did the growth happen...and under which party was it measured?

TNRERA mandates real estate firms to include registration number in ads

The aurhority has said Tamil Nadu RERA website address to be mentioned and no disclaimer clause should be mentioned as the information is subject to change

FM defends revised GDP numbers for UPA era, Cong calls it a 'hatchet job'

FM Jaitley said CSO, which came out with the revised numbers, was a credible organisation and maintains arm's length distance from the finance ministry.

Finance Commission to take innovative approach to develop Nagaland: Singh

Nagaland government has also requested for setting up of national institutes, particularly management, medical and engineering college

Kisan march: 100,000 farmers begin walk in Delhi to highlight farm distress

During the two-day Kisan Mukti March in the national capital, farmers will demand better minimum support prices and farm loan waivers