Economy - general
SC terms Ayodhya case as a land dispute, adjourns case to 14 March
09 Feb 2018
While tradition holds that the town was the birthplace of Lord Ram and that the Baber’s tomb was built on the spot of his inception, the activists want the apex court to deny both Hindus and Muslims access to the 2.77 acres of disputed land
Andhra grinds to halt as all parties back bandh against Budget
09 Feb 2018
Perhaps uniquely, the shut-down or bandh, originally called by the Left parties, was supported across the political spectrum, including the ruling Telugu Desam Party and even the state unit of the Bharatiya Janata Party. The Congress, the YSRCP, and the Janasena also supported the bandh
RBI keeps policy rates unchanged amidst a spike in inflation
07 Feb 2018
The Monetary Policy Committee of the central bank today decided to keep the repo rate unchanged at 6 per cent and the reserve repo rate at 5.75 per cent, while holding the Bank Rate at 6.25 per cent, citing inflationary pressures
RBI keeps policy rates unchanged amidst a spike in inflation
07 Feb 2018
The Monetary Policy Committee of the central bank today decided to keep the repo rate unchanged at 6 per cent and the reserve repo rate at 5.75 per cent, while holding the Bank Rate at 6.25 per cent, citing inflationary pressures
RBI keeps policy rates unchanged amidst a spike in inflation
07 Feb 2018
The Monetary Policy Committee of the central bank today decided to keep the repo rate unchanged at 6 per cent and the reserve repo rate at 5.75 per cent, while holding the Bank Rate at 6.25 per cent, citing inflationary pressures
Budget 2018: old habits die hard
01 Feb 2018
The present NDA government has been trying to deglamorize the Union Budget since the beginning of its term. It has been trying to keep most of the major policy initiatives outside the budget speech. But as they say, “Old habits die hard” — so, today was no different, says Alok Singh, BOI AXA Investment Managers
Centre may extend time limit for resolving bankruptcy cases
27 Jan 2018
The government is considering a proposal to extend the time limit for the bankruptcy resolution process by up to 60 days, following recent changes in the Insolvency and Bankruptcy Code that have led to a reset of the process in many cases
India lags behind Pak, Bangla, Nepal in inclusive development
23 Jan 2018
India was ranked 62nd among 74 emerging economies on World Economic Forum's Inclusive Development Index, well behind all its BRICS peers and even Pakistan, Bangladesh, Sri Lanka and Nepal
India’s richest 1% corner 73% of country’s resources: survey
22 Jan 2018
The situation is grimmer globally, where 82 per cent of the wealth generated last year went to 1 per cent, while 3.7 billion people that account for the poorest half of population saw no increase in their wealth
GST Council slashes rates on 29 goods and 53 services
18 Jan 2018
The council, however, left a decision on bringing petrol and diesel under GST and the issue of simplifying the returns filing process to the next meeting