Economy News - Page 26
Exclusive: Balancing act in Budget 2017 is a curse for the poor, writes Yogendra Yadav
If you happen to view the Union Budget 2017 from the bottom of the pyramid, you will see that it only perpetuates the existing imbalance
Jagran Prakashan to acquire Radio City: Why it's a win for both
Jagran Prakashan, which owns one of the country's most-widely read newspaper (Dainik Jagran), today announced it would buy Music Broadcast Pvt Ltd (MBPL), which runs the popular Radio City FM channel.
The GST anti-climax: Don't expect its roll out to boost GDP by 1-2% any time soon
It may be safe to assume that immediate 1-2 percent GDP gains will likely not accrue starting FY16 (when it is being targeted for rollout)
Crude shock: Ruble crashes the most in 16 years, sends shivers across global economy
Amid such an economic environment globally, it is difficult to imagine how risk assets such as stocks can thrive.
Now, Gadkari wants an underground ring road in Mumbai: Is he going overboard?
A cursory glance at some of his statements leads one to wonder if the transport (and also shipping) minister is making promises he may find difficult to live up to
Rupee at 62: Raghuram Rajan is preparing for a big fight
The currency had sunk to a lifetime low of 68 to the US dollar, when it was trading at 54 five months back. The new RBI chief had then waded straight into the battle: bringing about several financial reforms right off the bat as well as taking innovative steps to attract US dollars from abroad.<br />
FM ready to pay up UPA's CST bill but that will not break the GST jinx
While Jaitley may have likely sorted out the CST compensation issue and got a step closer to its implementation, there still are issues that need to be solved
2015 will be difficult year for all Asian currencies, but rupee will hold the ground
Lower commodity prices would be a net positive for the INR via expected improvements in the trade and fiscal accounts
Support wearing out? Modi's cheerleaders in business are disappointed too
It is a bit worrying when India Inc is getting concerned about the Modi government's "lack of boldness" in pushing through economic reforms
Actual fuel de-control still doesn't exist in India. Here's why
In October this year, the Narendra Modi-led government announced it had deregulated prices of diesel, India's largest selling automotive fuel.
The three issues that Arun Jaitley must resolve to roll out GST
The GST, which subsumes most local, state and central taxes and duties into itself, has traversed through a tricky maze.
Govt will not interfere with SC decision on coal allocation: Power Minister Goyal
As the date for the Supreme Court's decision in the coal allocation case draws near, Power Minister Piyush Goyal said the government will not interfere with court's decision, but made it clear that they are not making a case for exemption for any player.
Not Nachiket Mor: Why RBI COO is likely to be an internal candidate
The RBI's restructuring involving clustering its 21 departments into five groups was an idea suggested by the central bank's middle management comprising Chief General Managers (CGMs) and Regional Managers (RMs).<br />
Not Nachiket Mor: Why RBI COO is likely to be an internal candidate
The RBI's restructuring involving clustering its 21 departments into five groups was an idea suggested by the central bank's middle management comprising Chief General Managers (CGMs) and Regional Managers (RMs).<br />
Here's a strategy for a BJP govt to bring black money back to India and reap $30 bn
Jefferies estimates the amount of black money in the country at 20-30 percent of GDP, or roughly between $300-500 billion
This could be the first challenge that the new govt has to face. And it's no walk in the park
CLSA expects agriculture production to be hit, but said overall non-agriculture GDP growth would be less affected unless there was a severe drought.<br />
Union Budget 2017 has commendable steps but banks, health, education major misses
In the long run, lack of investment in health and education will have a staggering impact on the economy
Why Union Budget 2017 proposals fall short of Modi govt’s commitment towards farmers
The budget for this crucial wage employment programme MGNREGA did not receive any impressive allocation in the current budget (only Rs 500 crore) compared to the allocation for 2016-17 (RE), i.e. Rs 47,500 core.
Union Budget 2017: Arun Jaitley has got his math wrong as sharp fall in economy not factored in
The budget can be said to hide more than it reveals. It is framed assuming business as usual – something that is not true post November 2016. This is a fatal mistake.
Union Budget 2017 indicates government's will to fight black money, corruption
Avoiding populist measures and focusing on investment activities that have a multiplier effect, the FM has tried to garner additional resources through higher tax compliance, rather than higher tax rates.
Budget 2017: Support for renewable energy minuscule; why cos may be unhappy?
When there are a number of gaping flaws in the sector which reappear periodically, it may be a bit too soon for the Government to take a back seat
Union Budget 2017: An integrated oil giant proposed to take on global rivals
There are a dozen state-run oil and gas companies but they do not have the financial power to rival global oil majors in bids for overseas oil assets.
Union Budget 2017: How the shadow of GST kept govt on the straight and narrow
Here's the sour part for the centre: it has signed a blank cheque to reimburse states for not only revenue losses post-GST, but also guaranteed a 14 percent growth annually.
Budget 2017: Digitisation thrust aimed at cleaning up India, writes Ficci president
Setting up a mission with a target of 2,500 crore digital transactions for 2017-18 through UPI, USSD, Aadhar Pay, IMPS and debit cards will also provide the necessary direction to the government’s agenda of building a cashless economy.
Budget 2017 sticks to bank spending plan, no bumper recapitalization yet
The government's shock move in November to replace about 86 percent of currency in circulation will delay the clean-up of bad loans beyond a March 2017 deadline, bankers and analysts say.
Metro projects get enhanced allocation in budget; Delhi gets Rs 150 cr for expansion into NCR
The mega project, as part of which 72 new stations will be built, will cost over Rs 50,000 crore, which is to be borne equally by the state and the Centre.
Arun Jaitley unveils budget for recovery, and the poor, after cash crackdown
The budget sops come days before India holds five regional elections that will go some way in determining whether Modi can win a second term as Indian leader in 2019.
Seven misses in Budget 2017 math: How Jaitley may have created a huge buffer for spending
There are some misses in the presentation which could have been addressed but have been kept aside.
Budget 2017: Trade, industry terms budget as growth oriented
Almost all the associations and bodies representing commerce and industry welcomed the introduction of Trade Infrastructure Export Scheme with an allocation of Rs 3.96 lakh crore, which will help the Indian exporters to become globally competitive.