Page 2595 - Economy & Policy News

Inbound FDI from tax havens shoot up in FY18

Equity investments from Cayman Islands rise by 1600%, even as inflows from traditional sources fall

Inflation likely to average 4.7% this fiscal, RBI may tighten rates: Report

According to DBS, good rains will support agricultural growth but a material respite to inflation will hinge on factors like oil prices, the value of rupee against the US dollar and fiscal dynamics

Government likely to announce new Chief Economic Advisor next week

Subramanian's final day in office

NCLAT junks cement-makers' plea against CCI's Rs 67-bn cartelisation fine

The appeals are dismissed, said the NCLAT, which now is an appellate authority over the Competition Commission of India (CCI)

Food in multiplexes: Bombay HC gives Maharashtra govt 14 days to reply

The case is a result of a public interest litigation filed by a Mumbai resident Jainendra Baxi in January

Srikrishna committee: 70 Acts may have to be amended on panel proposals

In what could be one the last meetings of the panel, around 2.5 hours were spent in discussing issues such as classification of data

ED gets power to impound fleeing economic offenders' property

Finance Minister Piyush Goyal said the Bill will deter people from fleeing, and those who have already fled will return out of fear of attachment of their properties

Anti-dumping duty hike on Indian shrimps by US to have neutral impact

Vietnam continues to be the second largest export destination for Indian shrimp

Can India become a gas-based economy? Hope in the pipeline

The enthusiastic response to the ninth round of bidding for city gas distribution will take India only a small step closer to its goal of becoming a gas-based economy

Loss of a year in school is a lesser evil, say states & educationists

Enrolment started improving and learning outcomes started deteriorating only after RTE are nothing but myths, said Suman Bhattacharjee, director of research at the ASER

Centre not to hike insurance cover of Rs 100,000 for bank deposits

Andhra Pradesh Chief Minister Chandrababu Naidu suggested an increase in deposit insurance cover to Rs 1.5 million in a letter to then finance minister Arun Jaitley in May

Corporate credit demand gains pace, showing signs of gathering steam

Economic growth pushing working capital need; insolvency cases create more refinancing demand

Truckers strike: Traders feel the pinch as retail stocks get thin

Mayank Shah, category head, Parle Products, one of the largest biscuit makers in India, said dispatches from its factories to depots and warehouses were down 50-60 per cent

Macro economy gives confusing signals to MPC on policy rate front

Economists divided on MPC outcome; say it will be a tough decision to make

GST slab of 28% may become virtual 'hollow shell' in year or so, says CEA

GST Council has pruned the highest 28 per cent slab by cutting tax rates on 191 goods over the last one year

Dairy farmers' stir: Govt plans to introduce milk in mid-day meal scheme

By official estimates, the country has a surplus of 300,000 tonnes of milk powder, which has led to dairies and other bulk buyers cutting liquid milk purchase thus affecting its price.

Ghaziabad and Lucknow civic bodies to list municipal bonds on NSE

Cities like Kanpur and Varanasi are also expected to expedite their respective bond market plans once Lucknow and Ghaziabad lead by example

Chhattisgarh area from where Naxals operate across India gets electricity

The intelligence wing reports underlined that the rebels had set up printing units and other manufacturing units in the area. The solar power and the generators have been feeding the power requirement

FSSAI asks nutraceuticals industry players to adopt self-regulation

Nutraceuticals sector is growing fast and will grow faster in the coming years

New anti-graft Bill 'shields' govt staff, punishes bribe-givers: Explainer

The Bill has also removed the provision that protected a bribe-giver from prosecution for statements made by him/her during corruption trials