Page 6 - Economic Policy

Discard 'colonial notion' of sovereignty in handing out doles at will: SC

The state must discard the colonial notion that it is a sovereign handing out doles at its will and is bound to act fairly and in a transparent manner, the Supreme Court Tuesday said

Germany sets aside $11 billion to support companies hit by partial lockdown

Germany will support companies particularly affected by the partial lockdown with up to 10 billion euros ($11.7 billion), Minister of Finance Olaf Scholz announced

Poor policy behind weak Covid-19 pandemic fight, says Gopalkrishna Gandhi

He as speaking in Hindi through video conferencing at a function organised to mark the 101st Foundation Day of Gujarat Vidyapith here on Sunday

Next big shift in global economic policy takes shape under Covid-19 shadow

Financial markets, where bond vigilantes were once reckoned to exert a powerful check on deficit-spending governments, are ready to lend them money at very low interest rates

Economy in safe hands; worry not, Mr Guha, says Nirmala Sitharaman

Gujarat Chief Minister Vijay Rupani also responded to Guha's tweet saying that Indians would not fall for "tricks" of dividing them

India's policy uncertainty at 81-month high as index rises 4 months on trot

The last time index was this high was in August 2013 as country dealt with so-called taper tantrum. At the time, US Fed had begun reducing amount of money it made available for easy borrowing

India coronavirus dispatch: Scripting a new narrative for Covid-19 control

From reframing of worker-employer relations, to how airlines and airports are trying to make flying safe, and whether a UV device can kill virus - read these and more in today's India dispatch

FM announces Rs 3 trn collateral free automatic loans for small businesses

Now a company can be MSME if the turnover is up to Rs 100 crore. Distinction between manufacturing and services MSMEs will be removed, she said

Mamata calls Modi's mega Rs 20 trillion package a 'big zero and eyewash'

West Bengal CM says extension of the deadline to file tax return is not a benefit as people are under lockdown and in any case they cannot meet the earlier deadline

Top headlines: TDS rate cut by 25%, ITR filing extended till Nov 30

Business Standard bring to you a snapshot of events which made the news today

Govt's Rs 20-trillion financial package: It's the policy shift, stupid

As big as the Rs 20-trillion package is PM Modi's new economic paradigm on self-reliance

Key highlights of PM Narendra Modi's speech on Tuesday

PM Modi said the Rs 20 trillion economic package was for the country's labourers, farmers, honest tax payers, MSMEs and cottage industries

Beyond borrowings

Govt must present a credible macroeconomic picture

De-lockdown needs a better foundation

The Disaster Management Act, 2005, is ill suited to be the main economic law of the country

Allowing instalment as eco policy not justiceable

The Supreme Court has unequivocally laid down that in a matter of economic policy, the court shall not intervene unless the policy is itself violative of the fundamental rights

Economic growth may fall to 2.6% in FY21 during lockdown: SBI Ecowrap

According to the report, the total cost of lockdown is at least Rs 8.03 lakh crore in nominal terms, an income loss of Rs 1.77 trillion

Highlights: FM announces economic package to deal with Covid-19 impact

Government is planning to provide a relief package of Rs 1.7 trillion to the underprivileged, poor and migrant workers

Centre readying an economic plan to mitigate coronavirus effect, says FM

Indian economy that had already slowed down before the outbreak of coronavirus pandemic, is in for a more difficult period in coming months with businesses almost coming to a standstill

Bold reforms needed to achieve 6-6.5% growth in FY21: Experts, industry

Leader Economic Advisory Services at PwC India Ranen Banerjee said attaining the projected growth rate of 6-6.5 per cent will be challenging

Dialogue for growth

Govt should welcome diverse opinions in policymaking