Economy

Modi 2.0: New govt plans big policy push in first 100 days. Here’s the priority list

A comprehensive strategy is being firmed up to counter the impact of the Trump-led trade war while ensuring that the strategic partnership with the US doen't falter.
Economy News

Looking forward to working with new govt of PM Modi: IMF

Prime Minister Modi on Thursday led his Bharatiya Janata Party to a landmark victory for a second five-year term in office, winning 303 seats in the 543-member Lok Sabha.

Economy News

Forex reserves decline by $2.05 billion to $417.99 billion

In the reporting week, foreign currency assets, which are a major component of the overall reserves, decreased by USD 2.030 billion to USD 390.197 billion.

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Commerce Ministry wants to cut import dependence from China. Here’s why

Steps taken by Prabhu has already resulted in narrowing trade deficit (difference between imports and exports) with China to USD 53.56 billion in 2018-19 from USD 63 billion in the previous financial

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Sanjeev Sanyal’s reform agenda for Modi 2.0: India needs to work on this area to boost growth

The next government should focus on turning India into an export and private sector driven high growth economy, Principal Economic Advisor Sanjeev Sanyal said.

Economy News

Arun Jaitley unlikely to remain finance minister in Modi’s new term, say sources

The sources said that Jaitley, 66, is unlikely to take up any offer to continue in the top job steering Asia's third-largest economy as his health has deteriorated over the past few months.

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Modi-led NDA government to face challenges of arresting slowdown, creating jobs: Economists

BJP has won more than 300 seats in the latest polls, bettering its performance in 2014. But the victory has come amid agrarian distress, youth unemployment, anemic growth and troubles in the financial

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Arvind Panagariya’s mantra to Modi to spur economy: privatise one PSU every week

It is feasible for the government to privatise one public sector undertaking or PSU every week, Arvind Panagariya, former Vice Chairman, Niti Aayog and a noted economist has recommended to the BJP led

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After Modi govt’s landslide win, RBI may see 35 bps rate cut in June; here’s how much to expect in 2019

After Prime Minister Narendra Modi-led NDA received a massive mandate, the RBI is expected to cut lending rates by 100 basis points (bps) in 2019, said a global brokerage.

Economy News

Modi 2.0: Time to take hard decisions quickly; these two Ls are topmost priorities for next govt

The Modi government should take long-pending hard decisions quickly in the first year itself to reap benefits later, they added.

2019 Lok Sabha Results live updates winning candidates list News

Election result: NDA schemes resonate in 115 poor districts

As a result, in the last five years, 15 million houses were completed, including 7 million approved under the IAY.

Economy News

NDA III: An Economic agenda for the next govt

The economy is facing risks of getting into a middle-income trap. Schemes like PM-Kisan are sort of compensatory apo-logy; they may stimulate consumption in a limited manner but won’t be enough to r

Economy News

BJP’s victory to improve biz sentiment, boost pvt investment: Fitch

The BJP's "apparent landslide victory" is likely to improve business sentiment and outlook for private investment, Fitch Ratings said Thursday.

Prime Minister Narendra Modi arrives at BJP Headquarters (ANI Photo) News

Modi 2.0: Here are top priorities for BJP-led NDA government

The watershed 2019 Indian election has thrown a decisive mandate. This is the first ever Non-Congress government re-elected in Indian electoral history.

pm modi congratulated for winning indian general elections by us and other world leaders News

GSTN launches prototype for new return filing system

Further, the new system will also simplify return-filing for businesses with zero sales as they would now be required to file one ‘nil’ return for the entire quarter.

Economy News

Centre looking to ‘insulate’ discoms from payment delays

As FE recently reported, UDAY discoms reported financial losses of `21,658 crore at the end of FY19, up 44% year-on-year, reversing the declining trend since the scheme for these entities’ revival w

Economy News

What next government could do to generate more jobs

With a new central government taking over, hopes of reforms benefiting the nation is again getting revived.

JPSC Recruitment 2019: Fresh jobs for Assistant Professor in medical colleges announced — check details News

EU, China, Thailand join hands against India’s ICT products tariff

Singapore, Canada and Chinese Taipei too have earlier sought to join this dispute consultation against India under the WTO's dispute settlement body.

Economy News

India needs new Finance Minister, reshuffle of union cabinet; here’s why this analyst says so

Even as early trends suggest BJP-led NDA forming the next government, discussions are on about the composition of the new union cabinet.

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What’s one job for Modi in second term? Creating Jobs

India needs at least 6 million new jobs each year. Some 12 million people reach the working age annually, but labour force participation is dismal at barely 50%.

Economy News

India favours rule-based, transparent trading system, says Sushma Swaraj

A recent escalation in the US-China trade conflict, including tariff hikes from both sides, has sparked reaction from industries hit by the higher levies.

Economy News

Modi’s win to push reforms, but these economic challenges must be tackled, no matter who wins polls

History has repeatedly shown that the poll outcome has a significant bearing on the economic policies

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World’s top 10 fastest growing cities are all from India; check which cities made it to Oxford list

Bengaluru will top these cities in terms of GDP in 2035 and will touch $283 billion by that year.

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Your rice may not come from one of top 10 producing states if govt’s first-of-a-kind plan works

The chief minister of Haryana said that this a unique scheme in the country and Haryana would be the first to implement it.

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