Economy

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.

Exit polls 2019, modi government second term, lok sabha elections 2019, bjp, tax system in india, lok sabha polls 2019, bjp exit poll results News

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.

Economy News

Exit polls 2019 predict Modi 2.0! But as PM, he has failed to end India’s tax terror, claims report

In its 2014 election manifesto, Modi’s Bharatiya Janata Party attacked the then Congress Party-led government for unleashing “tax terrorism and uncertainty,” which it argued, “not only creates

Exit polls 2019, modi government second term, lok sabha elections 2019, bjp, tax system in india, lok sabha polls 2019, bjp exit poll results News

China ready for further US trade talks, ambassador Cui Tiankai says

No further trade talks between top Chinese and U.S. negotiators have been scheduled since the last round ended in a stalemate on May 10, the same day U.S. President Donald Trump sharply increased tari

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Japan exports fall again as Donald Trump’s trade policy threatens economic outlook

Trump's government is trying to renegotiate trade agreements with major economies to lower the U.S. trade deficit and address what it considers to be unfair trade practices.

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Chinese ambassador Cui Tiankai blames US for sinking trade deal

Washington has long suspected deep links between Huawei and the Chinese military, and its moves against the company came amid the churning trade dispute.

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CBDT for more exhaustive tax audit report for charitable trusts

The draft notification has been put in the public domain and stakeholders have time till June 5 to submit their views. The proposed changes will extend the audit form to 8 pages from 3 pages earlier.

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Real estate firms in a tough spot after Maharashtra AAR ruling

The applicant in the case said it is engaged in the business of ‘facility management’.

Real estate firms, Maharashtra AAR ruling , GST, electricity, cooking gas, GST on utility charges, AMRG & Associates News

SC stays Delhi HC order disallowing black money law to operate retrospectively

The Vacation Bench led by justice Arun Mishra sought response within six weeks from Khaitan against whom a black money case has been lodged.

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Stress meter: Discoms’ dues to gencos at Rs 38,000 crore

A high-level empowered committee on stressed power assets, formed under the chairmanship of Cabinet secretary in July 2018, had proposed a payment security mechanism through which REC and PFC (now mer

Discoms, electricity distribution companies, independent power producers, economy news

Indian millennials, Gen Z optimistic about economic, social outlook: Report

Deloitte's 8th annual Millennial Survey showed that Indian millennials and Gen Z are among the most optimistic. About 59 per cent of millennials and 57 per cent of Gen Z in India expect the country's

Economy News

India projected to grow at 7.1% in FY’20: UN report

The estimates for India, however, reflect a downward revision from the projections made in the World Economic Situation and Prospects 2019 report released in January this year.

Economy News

India’s thermal coal output seen growing 4.3% annually till 2028: Report

"We forecast thermal coal production in China to stagnate at 0.5 per cent growth per annum from 2019 onwards, but not decline, as new coal mines in Inner Mongolia, Shaanxi and Shanxi provinces offset

Economy News

Job creation up at 8.14 lakh in March: EPFO payroll data

Around 67.59 jobs were generated in the entire 2018-19 fiscal, the payroll data based on members joining the schemes of the Employees' Provident Fund Organisation (EPFO) showed.

Economy News

Uday Kotak’s 2-point growth formula: How India may see long term economic growth

Even as the day nears for the counting of votes, discussions are on about the way forward for the economy.

Economy News

Scope for improvement in Indo-China trade ties: Chinese envoy Luo Zhaohui

Chinese President Xi Jinping and Prime Minister Narendra Modi have established high-level people-to-people exchange mechanism between the two countries.

india China officials to meet tomorrow on trade issues News

Irrespective of which party gets power, next govt to focus on land, labour reforms, export promotion, says Goldman Sachs report

Irrespective of which party or combination of parties form the new government after the results of the Lok Sabha election announced on May 23, the priority is likely to be on reforms on land, labour,

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Singapore, Canada seek to join WTO consultations over India’s ICT products tariff

On May 14, Japan dragged India to the WTO over the import duties imposed on certain electronic goods including telephones for cellular networks; machines for reception, conversion and transmission or

japan takes india to wto over increase in import duties on mobile phones and other items under maker in india News

Arvind Panagariya recommends aggressive privatisation of public sector undertakings in India

"Show strong commitment to fiscal consolidation to ensure that private sector is not starved of investment funds," Panagariya said.

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New Indian government faces crucial foreign policy decisions, say US experts

"I would also expect to see increased attention in the United States (particularly among members of Congress) to issues of religious freedom in India, especially given the tenor of the elections these

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US companies are looking for transparency and consistency in policy framework: Experts

India, Aghi asserted, has "a fantastic opportunity" to attract US and European\ companies as China trade relations get strained with its partners.

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