Page 2878 - Economy & Policy News
Daily-use products, eating out become cheaper with revised GST rates
Daily-use products like toiletries and furniture have become cheaper with the revised GST rates.
Kejriwal sits on Rs 787-cr green fund, puts onus on Centre as Delhi chokes
The government said it spent Rs 93 lakh of the cess in 2016, but there was "no mention of any expenditure" in 2017.
 "Kejriwal sits on Rs 787-cr green fund, puts onus on Centre as Delhi chokes")
From chocolates to cutlery: 200 items cheaper as GST cuts notified
The government formally notified the lower rates, including on chocolates, waffles, furniture, wristwatches, cutlery, suitcases, ceramic tiles and articles of cement
 "From chocolates to cutlery: 200 items cheaper as GST cuts notified")
Jobs dry up at private engineering colleges as IT hiring slows
Hiring experts and placement offices said recruiters were increasingly seeking skilled candidates
 "Jobs dry up at private engineering colleges as IT hiring slows")
100 Indian firms have invested $17.9 bn in US
The data describes spread of Indian FDI across all 50 states of the US
 "100 Indian firms have invested $17.9 bn in US")
Employability: IIT-Delhi among top 150 varsities
IIT-Bombay also makes a comeback, IISc improves ranking
 "Employability: IIT-Delhi among top 150 varsities")
Farmers, villagers to intensify agitation against refinery
The petroleum ministry plans to set up a refinery at Rajapur in Ratnagiri district, about 400km from Mumbai
 "Farmers, villagers to intensify agitation against refinery")
Govt slashes urban housing shortage number by half
The government will use its own surplus land to build affordable homes and address this shortage
 "Govt slashes urban housing shortage number by half")
India set to be 'attractive' place for business: FM
Speaking at Singapore Fintech Festival, Jaitley said the ongoing process of digitisation was a result of Aaadhar scheme coupled with financial inclusion
 "India set to be 'attractive' place for business: FM")
Some factories get NGT relief but industrial activity hit
Coca-Cola and Perfetti Van Melle officials said it was risky to produce food and beverages in a polluting atmosphere
 "Some factories get NGT relief but industrial activity hit")
Army sets ball rolling for biggest-ever arms deal
The generals told a defence industry gathering that the mechanised forces would be boosted on three parallel tracks
 "Army sets ball rolling for biggest-ever arms deal")
Banking transaction tax to have cascading effect: NIPFP
The report also studied the impact of two kinds of demonetisation
 "Banking transaction tax to have cascading effect: NIPFP")
Beating GST: Retailers surprise with huge y-o-y growth
Future Retail reported Rs 153 crore net profit for the quarter, 108% year-on-year growth
 "Beating GST: Retailers surprise with huge y-o-y growth")
India's wealth soars but few benefit: Highlights
The reason for India's performance was a 30 per cent jump in the stock market
 "India's wealth soars but few benefit: Highlights")
Trade Fair gets going under pall of anxiety
Several delegations were seen sitting morose at their stalls, reminiscing of yesteryears
 "Trade Fair gets going under pall of anxiety")
PE firm Creador plans fresh funds worth up to $600 mn for India, SE Asia
This would be Creador's tenth investment in India
Agriculture no longer main rural income source
But this neither seen a marked rise in job opportunities in these areas nor bridged disparity in worker productivity
 "Agriculture no longer main rural income source")
Govt finalising jewellery hallmark rule; refineries to self-certify
Industry protests, says self-certification without external intervention can be risky, prone to misuse
 "Govt finalising jewellery hallmark rule; refineries to self-certify")
From GST to power
While the GST has furthered the cause of Indian economic integration, the next prime candidate for such an experiment is power
 "From GST to power")
India's buffalo meat exports to Vietnam under surveillance
Faulty health certificates spur move; India exports 0.67 mn tonnes worth $2 bn a year to Vietnam, its largest market for buffalo meat
 "India's buffalo meat exports to Vietnam under surveillance")