Page 2533 - Economy & Policy News
Dealing with the Kashmir militancy problem: A journey without maps
The latest strategy requires a serious rethink; heavy-handed tactics indicate the present dispensation in Delhi is incapable of political initiative to resolve Kashmir conflict in a long-term sense
 "Dealing with the Kashmir militancy problem: A journey without maps")
Rupee plunges to record low as current account deficit widens to 5-yr high
The worst may be yet to come as the crude import bill for India surged 76% in July from a year earlier to $10.2 bn
 "Rupee plunges to record low as current account deficit widens to 5-yr high")
August inflation may ease below RBI's 4% target on softer food prices: Poll
If those forecasts come true, it would give the RBI a breather after it raised rates in its previous two meetings
 "August inflation may ease below RBI's 4% target on softer food prices: Poll")
10 years, 3 salary hikes later, central govt's understaffing issues persist
According to a 2015 report, for every 100,000 people, India had 139 central government employees, compared to the US, which had 668
 "10 years, 3 salary hikes later, central govt's understaffing issues persist")
After striking off 70,000 shell firms, govt axe to fall on another 100,000
In the second phase of action against shell companies, the MCA is also trying to trace the directors of 'vanishing' companies
 "After striking off 70,000 shell firms, govt axe to fall on another 100,000")
More obtuseness from the FinMin
When GST was introduced, the government ignored pleas to retain upfront exemption from IGST on import by EOUs and under advance authorisation and EPCG authorisation
Power sector faces more stress; future is uncertain for 25 Gw projects
The list includes stranded gas power projects not receiving fuel supply, stuck hydropower projects, and privately-owned operation coal projects
 "Power sector faces more stress; future is uncertain for 25 Gw projects")
BJP lauds PM Narendra Modi for 'visionary and disruptive leadership'
The BJP national executive passed a political resolution at its two-day national executive meeting which detailed PM Modi's vision of building a 'New India' by 2022
 "BJP lauds PM Narendra Modi for 'visionary and disruptive leadership'")
Buyers and end users are making a comeback in the residential market
The trend can be observed in geographies like Bengaluru and Hyderabad, which are historically end-user driven markets and have seen traction in the last six months
 "Buyers and end users are making a comeback in the residential market")
Statsguru: Rupee slid as RBI didn't intervene as much as was expected
Rupee is not alone in the fall against the dollar
 "Statsguru: Rupee slid as RBI didn't intervene as much as was expected")
Will govt, Income Tax dept get more tax revenue if HUFs are abolished?
On August 31, the Law Commission of India recommended abolishing the concept of a Hindu Undivided Family to increase tax revenues as part of family law reforms.
 "Will govt, Income Tax dept get more tax revenue if HUFs are abolished?")
Govt grappling with measures to regulate virtual currencies despite RBI ban
Questions are now being asked how exactly the government will find legal backing to tame the trade in virtual currencies
 "Govt grappling with measures to regulate virtual currencies despite RBI ban")
FinMin crafting strategy, engaging with states to boost GST revenues
The Centre paid Rs 149.3 billion to compensate states for revenue loss incurred in June and July, a nearly four-fold jump compared to Rs 38.99 billion paid for the months of April and May
 "FinMin crafting strategy, engaging with states to boost GST revenues")
Plan Bee: How Indian Railways is saving elephants from train accidents
The plan has been a great success so far and has greatly reduced elephant casualties due to train accidents
 "Plan Bee: How Indian Railways is saving elephants from train accidents")
India may impose anti-dumping on certain type of Chinese steel for 5 yrs
Domestic steel manufacturers always flag concerns over the imports from the neighbouring country, with which India has a huge trade deficit
 "India may impose anti-dumping on certain type of Chinese steel for 5 yrs")
NTPC's trading arm to begin 300 MW power supply to Bangladesh from midnight
NVVN signed a Power Purchase Agreement (PPA) with Bangladesh Power Development Board (BPDB) on September 6, 2018 at Dhaka for supply of 300 MW power from Damodar Valley Corporation (DVC)
 "NTPC's trading arm to begin 300 MW power supply to Bangladesh from midnight")
NTPC approves Rs 97.85 bn investment for expansion of Talcher power plant
The Talcher plant, one of the oldest and top performing power stations in the country,
 "NTPC approves Rs 97.85 bn investment for expansion of Talcher power plant")
Here's how a weak Rupee and high oil prices can help flood-hit Kerala
There are signs of a spurt in remittances already, with the banks remittance handling go up to Rs 10 bn per week last fortnight, as against the usual average of Rs 7-8 bn.
 "Here's how a weak Rupee and high oil prices can help flood-hit Kerala")
News digest: Sebi panel on FPIs, IL&FS, fuel hike, Axis Bank CEO, and more
From Sebi recommendations to new Axis Bank CEO, BS brings you top stories to keep up with the latest news
 "News digest: Sebi panel on FPIs, IL&FS, fuel hike, Axis Bank CEO, and more")
Odisha's power trader Gridco to buy 300 Mw from ensuing SECI auctions
The company has proposed to install 75 Mw capacity in a diffused manner, opting for five locations, said a source familiar with the plan
 "Odisha's power trader Gridco to buy 300 Mw from ensuing SECI auctions")