Page 2877 - Economy & Policy News

Moody's upgrades India's rating; backs reforms like demonetisation, GST

The rating agency has also changed its outlook on India rating from positive to stable, a move that will help India attract more foreign fund flows and corporates tap debt at lower rates abroad

Moody's upgrade: CEA Arvind Subramanian hopes other agencies follow suit

"it's a recognition of the actions that the government has undertaken like GST, bankruptcy" CEA Arvind Subramanian

PM Awas Yojana: Realtors hail increase in carpet area for houses; stocks up

Under the PMAY-U, the Centre aims to provide houses to all the urban poor by 2022

50% of Indian women stay home or get married by 22; 3 of 4 men head to work

India's female labour force participation rate, at 24%, was below the world average of 39% in 2016, according to World Bank data

Macro risks in G-sec market overdone; Moody's upgrade the right move: BofA

BofA-ML expects RB to cut rate on December 6 to signal a bank lending rate cut before the busy industrial season intensifies, as inflation remains within the central bank's 2-6% target

Trucks enter Delhi as LG lifts ban; pollution spike likely in coming days

'Pollution may rise again because of increased moisture in the air in the coming days,' says EPCA chairman

Modi govt's reforms get thumbs-up: Moody's upgrades India's bond rating

'Moody's believes that the reforms put in place have reduced the risk of a sharp increase in debt, even in potential downside scenarios' it said

Govt sets up panel to ensure GST benefits flow to your wallet: Key points

The Union Cabinet on Thursday approved the setting up of the anti-profiteering authority under the GST regime in a bid to ensure that the benefit of lower rates is passed on to consumers

Only God can save us, say officials as BJP, AAP, Cong spar over Delhi smog

An estimated $600 mn is needed to provide farmers with alternatives, but the BJP of PM Narendra Modi and Opposition parties in power in New Delhi and nearby Punjab are squabbling over who will pay

'Not satisfied with GST Council's decision: Manish Sisodia

Higher the rate, the more businesses try to evade taxes

Structural reforms could change the glide path: Arun Jaitley

One or two public sector bank mergers in the next 12 months

Ready-made garment exports drop 41% in Oct

Exports rose to Rs 10,707 crore in September from Rs 8,583.55 crore of the same month last year

BMS joins Congress, Left unions to oppose PSU disinvestment

The BMS has said it will submit a 22-point charter of demands to Finance Minister Arun Jaitley

Karnataka govt seeks Virgin Hyperloop One feasibility report in six weeks

On Tuesday, the Karnataka government signed a pact with Virgin Hyperloop One for a feasibility study to find a route for high-speed connectivity in the state, said Priyank Kharge

All restrictions on export of pulses go

It will correct price distortions, offer support to pulses selling below the (government's) MSP: Ravi Shankar Prasad

Cabinet clears setting up of GST anti-profiteering body

Body to ensure benefits of rate reduction passed on to consumers

Make in India: Govt wants Apple to come out with a 'workable solution'

Things have started to move again for Apple ever since Meity has become the nodal ministry

Inflation may ease by Dec: Rangarajan

There will be a seasonal decline in food prices by next month

IFC and HDFC create $800-mn corpus for affordable homes

A number of initiatives have been taken to push the housing for all scheme

Equitable average growth of 7% to be a miracle for India: Gates

Gates also met Union Home Minister Rajnath Singh and discussed with him various welfare issues