Page 6 - Indian Economy 2019
New economy to be pillar for future plans of country's biggest realtors
The data boom, the e-commerce revolution, and a rise in digital commerce have opened up the infrastructure segment for major real estate developers, so much so that some have started subsidiaries
 "New economy to be pillar for future plans of country's biggest realtors")
India's $10 billion bond sale pitch meets a world desperate for yield
The government is considering the issuance in U.S. dollar, euro, and yen, and details will be finalized as early as October, people familiar with the matter said
 "India's $10 billion bond sale pitch meets a world desperate for yield")
India staring at silent fiscal crisis, says PM's advisor Rathin Roy
The PM-EAC member also says that India faces a silent fiscal crisis owing to a shortfall in tax revenues
 "India staring at silent fiscal crisis, says PM's advisor Rathin Roy")
Winners and losers: Who received how much in Nirmala Sitharaman's Budget
In her maiden budget speech Finance Minister Nirmala Sitharaman announced plans to sell India's first global sovereign bonds and ease rules for overseas investors to help revive economic growth
 "Winners and losers: Who received how much in Nirmala Sitharaman's Budget")
Budget 2019: Soon, a new TV show on start-up issues on Doordarshan
It may be introduced on one of the existing channels on the DD network or a completely new channel may be launched for the purpose
 "Budget 2019: Soon, a new TV show on start-up issues on Doordarshan")
Sitharaman delivers 2 hrs 17 min-long Budget speech, Speaker praises her
As the finance minister walked into Lok Sabha just before 10:55 am and took her seat, several women MPs walked up to her, wishing her good luck before the speech
 "Sitharaman delivers 2 hrs 17 min-long Budget speech, Speaker praises her")
Budget 2019: Fiscally responsible with a reforms thrust, but protectionist
The finance minister's revenue efforts represent a mix of progressive taxation, dipping into the petroleum sector for collecting more taxes and growing protectionism
 "Budget 2019: Fiscally responsible with a reforms thrust, but protectionist")
Budget 2019: Govt to sell first global bond to fund infra and spur growth
The fiscal deficit goal for the year that began on April 1 was lowered to 3.3% of gross domestic product from 3.4% set in February's interim plan, Finance Minister Nirmala Sitharaman said.
 "Budget 2019: Govt to sell first global bond to fund infra and spur growth")
Budget 2019: Pension benefit extended to 30 mn retail traders, shopkeepers
FM says economy, which stood at $1.85 trillion five years back, has reached $2.7 trillion now, and is within capacity to reach $5 trillion in the next few years
 "Budget 2019: Pension benefit extended to 30 mn retail traders, shopkeepers")
Budget 2019: Govt to infuse Rs 70,000 cr into PSBs to ramp lending capacity
Banks have recovered Rs 4 lakh crore due to the Insolvency and Bankruptcy Code and other means effected in the past four years, the FM said
 "Budget 2019: Govt to infuse Rs 70,000 cr into PSBs to ramp lending capacity")
Safe drinking water for every citizen priority of govt, says FM Sitharaman
Sitharaman also said that 10,000 new farmer producer organisations will be be set up
 "Safe drinking water for every citizen priority of govt, says FM Sitharaman")
Budget 2019: FM Sitharaman proposes exclusive TV channel for startups
She proposed to start a television programme exclusively for startups that will be executed by startups themselves
Modi 2.0 seeks to reverse weakening growth, investment with Budget 2019
Modi has set a target of growing India into a $5 trillion economy by 2024-2025 from $2.7 trillion
 "Modi 2.0 seeks to reverse weakening growth, investment with Budget 2019")
India needs structural reforms to get $5 trn economy: FM in Budget 2019
FM Nirmala Sitharaman said in the current year, India's economy will grow to become $3 trillion economy, sixth largest in world
 "India needs structural reforms to get $5 trn economy: FM in Budget 2019")
Eco Survey urges freer labour laws to create jobs, cites Rajasthan example
As per the Survey, no major labour reforms were initiated by the states in between the years 2007 and 2014
 "Eco Survey urges freer labour laws to create jobs, cites Rajasthan example")
Need to raise per capita energy consumption by 2.5 times: Eco Survey 2019
The survey said India has the potential for $30 billion annual investment in renewables in next decade and even beyond that in view of its ambitious target of having 175 GW of clean energy by 2022
 "Need to raise per capita energy consumption by 2.5 times: Eco Survey 2019")
Eco Survey 2019: Economy moved to low level of inflation in last 5 fiscals
Retail inflation during the first month of the current fiscal stood at 2.9 per cent, down from 4.6 per cent a year ago
 "Eco Survey 2019: Economy moved to low level of inflation in last 5 fiscals")
Economic Survey 2019 is candid about economy realities, say experts
The projection comes a day before the government is due to unveil its budget for the 2019/20 year.
 "Economic Survey 2019 is candid about economy realities, say experts")
Eco Survey tabled in Parliament, 2019-20 GDP growth expected to rise to 7%
In January-March, annual growth slumped to 5.8%, the slowest pace in 20 quarters.
 "Eco Survey tabled in Parliament, 2019-20 GDP growth expected to rise to 7%")
Budget 2019: After election, it's Modi's key chance to spur waning economy
Growth slowed to a five-year low of 5.8% in the first three months of 2019 -- well below China's 6.4% expansion -- putting pressure on Modi to deliver on a stimulus plan to kickstart consumption
 "Budget 2019: After election, it's Modi's key chance to spur waning economy")
