Economy
FM Sitharaman says cases against fugitives, economic offenders to be actively pursued:
"Fugitives & economic offenders will be actively pursued; their properties attached & dues recovered. #PSBs have already recovered Rs 1357 Cr by selling such shares. A total of Rs 9041.5 Cr shall be realised by banks through sale of such attached assets"
Cabinet approves extension of Pradhan Mantri Garib Kalyan Anna Yojana for 5 months till November
The Cabinet on Wednesday approved a proposal to extend the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) to provide free ration to over 80 crore people, mostly poor, by five more months till Novemb
A prescription for GDP growth: Govt must spend, save economy from slipping again, forget deficit
Government must scale up spending, boost consumption, and ignore the rise in fiscal deficit, for now, to revive the economy.
Moody’s cuts 2021 India’s growth forecast to 9.6 pc, flags low vaccination rate as risk
The US-based rating agency said high-frequency economic indicators show that the second wave of COVID-19 infections hit India's economy in April and May. With states now easing restrictions, economic
Linkedin’s findings :Covid: Workforce confidence of women, Gen Z dips
This dip in confidence is reflected strongly across professionals from creative industries such as entertainment, design, and media & communications, who expressed being uncertain about the future of
Bad bank guarantee: Finmin to seek Cabinet nod for Rs 31,000 cr-plan
“The proposal could be placed before the Cabinet for clearance very soon,” said a source. The government will offer guarantee on the security receipts (SRs) issued by the National Asset Reconstruc
Reforms boost, states borrowed Rs 1L cr extra: PM
“As a result, the aggregate borrowing permission granted to states for 2020-21 (conditional and unconditional) was 4.5% of the initially estimated GSDP,” Modi noted, adding that the “significant
One-third workers globally to work remotely by 2022: Gartner report
1 in 3 Indian employees to work remotely by 2022
Pandemic just a pause in India’s consumption & growth story: Sanjiv Mehta
He said that the effects of the pandemic were just a pause in India’s consumption and growth story. “It has been a speed-breaker in India’s growth journey, but will not change the trajectory.”
COVID effect: Confidence levels of working women, young professionals lowest amongst workforce
Further, the pandemic's recent peak in India has amplified the importance of work experience and professional connections, as young Indians were found twice as worried as their older cohorts, about th
Assam microfinance relief package ‘positive’ from asset quality perspective
Assam's microfinance relief scheme is a “positive development” from an asset quality perspective and the relief provided is expected to reduce near-term loan losses for lenders, who were affected
Jobless rate up again
CMIE’s MD and CEO Mahesh Vyas, in an article earlier in the month, had said the spike in unemployment rate implied that a number of people who lost employment continued to look for jobs.
Indications of revival in economic activity as states get into unlock mode: Survey
With states easing lockdown curbs due to declining number of COVID-19 cases, there are immediate indications of improvement in economic activity as companies are hopeful of better performance in the n
India receives $64 billion FDI in 2020, fifth largest recipient of inflows in world: UN
The World Investment Report 2021 by the UN Conference on Trade and Development (UNCTAD), released Monday, said global FDI flows have been severely hit by the pandemic and they plunged by 35 per cent i
Impact on Indian economy after the COVID-19 second wave
Agriculture will see a deeper cut from the second wave compared to the first wave where it grew.
Commerce ministry to seek duty relief for SEZs
Currently, SEZ units are mandated to pay the regular customs duty on a product if they sell it in the domestic tariff area (DTA).
GST was a mistake, time to undo the damage: Kerala FM KN Balagopal
Given that few states had witnessed their natural growth rates in recent years, it was legitimate to extend the GST compensation mechanism for five years beyond July 2022, he said.
Leather, its products’ export jumps to $641.72 mn in Apr-May 2021: CLE
The country’s export of leather, its products and footwear has jumped to USD 641.72 million in April-May 2021 from USD 146.79 million in the corresponding period last year, the Council for Leath
Govt open to more measures to boost economy: CEA
The government is open to coming out with more measures to boost the economy which has been hit by the second wave of the coronavirus pandemic, says Chief Economic Advisor (CEA) K V Subramanian
Recent GST clarifications and their impact: Tax relief in milling, pharma, education, food sectors
CBIC clarified that GST would not be levied on services provided by the Central or State Boards, including NBE, in the conduct of examinations for students including entrance exams
No intention of delaying fixing minimum wages and national floor wages: Labour Ministry
Earlier this month, the Centre constituted an expert group under the chairmanship of economist Ajit Mishra to provide technical inputs and recommendations on fixing these wages. The tenure of the gro
Govt to link innovative agriculture technologies to farms to help farmers in North East region
Under this scheme, so far 146 Biotech-KISAN Hubs have been established covering all 15 agroclimatic zones and 110 aspirational districts in the country, it said.
Normal monsoon to support economic recovery; will agri commodity price rally continue in coming days?
At a time when the Second Covid wave is spreading across the country, the good news is that both the IMD and private weather forecaster Skymet have predicted that India is likely to have a normal mons
Fiscal policy needs to address triple whammy of inflation, low growth, threat of capital outflows
With both stagflation and the trilemma rearing their ugly heads at the same time it is difficult to see what more the central bank can do.
Advertisement
Most Read
- Coronavirus pandemic: Centre classifies Delta Plus as variant of concern, issues advisory to affected states
- Corona LIVE: Over 50 lakh vaccinated on Day 3 of new vaccine plan; 'Delta variant to account for 90% of new cases in Europe by August-end'
- Huge relief for homebuyers! Suraksha set to buy Jaypee Infratech as lenders give nod
- Mysteries of Sun: ISRO’s Chandrayaan 2 mission provides key insights into solar coronal heating, FIP bias
- Warren Buffett resigns as Gates Foundation trustee, donates another $4.1 billion for philanthropy
- Modi govt liberalises norms for voice BPOs to make India global outsourcing hub – here’s what it’s all about
- U.S. Stocks: Nasdaq hits record high as factory activity scales new peak
- Rs. 2180 crore bonus for HDFC Life policyholders declared! Check eligibility
- One month to go! Take a first look inside the Tokyo 2020 Olympic village
- Sensex tanks to close in red, Nifty ends at 15,686; here's what experts make of today's trade
Advertisement
Top News
- Coronavirus pandemic: Centre classifies Delta Plus as variant of concern, issues advisory to affected states
- Corona LIVE: Over 50 lakh vaccinated on Day 3 of new vaccine plan; 'Delta variant to account for 90% of new cases in Europe by August-end'
- Huge relief for homebuyers! Suraksha set to buy Jaypee Infratech as lenders give nod
- Mysteries of Sun: ISRO’s Chandrayaan 2 mission provides key insights into solar coronal heating, FIP bias
- Warren Buffett resigns as Gates Foundation trustee, donates another $4.1 billion for philanthropy
- Modi govt liberalises norms for voice BPOs to make India global outsourcing hub – here’s what it’s all about
- U.S. Stocks: Nasdaq hits record high as factory activity scales new peak
- Rs. 2180 crore bonus for HDFC Life policyholders declared! Check eligibility
- One month to go! Take a first look inside the Tokyo 2020 Olympic village
- Sensex tanks to close in red, Nifty ends at 15,686; here's what experts make of today's trade
Advertisement
