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Business Standard: Economy and Policy

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Economic News: Read Latest Economic News headlines, monetary policy highlights, Budget, RBI bulletin, news on Interest Rates, Indian economy, and analysis, from Business Standard.
Updated: 54 min 35 sec ago

India's garment exports stagnant on high costs, compliance burden

2 hours 34 min ago
Recovery seen only if product base is diversified, orders are delivered faster
Categories: India News

India should be wary of getting too cosy with Saudi Aramco

3 hours 54 min ago
The country is already too reliant on imported crude. Cozying up to the Middle Eastern giant will only make matters worse
Categories: India News

Elections 2019: What market strategy would safeguard your investments?

Wed, 04/17/2019 - 11:22pm
A market strategy that leave enough returns to rebuild the portfolio in the event of a market shock would serve investors well
Categories: India News

RBI inflation goals need to be reviewed, says PM Modi's adviser

Wed, 04/17/2019 - 10:25pm
We need to decide what sort of macroeconomic framework we want going forward, said Rathin Roy
Categories: India News

TikTok alarm: Govt to directly approach Google, Apple to spike such apps

Wed, 04/17/2019 - 3:40pm
Govt decides to directly approach Google, Apple to spike such apps
Categories: India News

China can strike India's satellite system despite ASAT test: Report

Wed, 04/17/2019 - 3:29pm
India must 'brace itself for long-term space competition', says Ashley Tellis
Categories: India News

NHAI seeks papers from consultant firms amid forgery allegations

Wed, 04/17/2019 - 12:25pm
The NHAI was acting on a complaint that the papers submitted earlier by these firms were forged
Categories: India News

Issuance of govt bonds jumps to Rs 64k cr from Rs 15k cr in FY19: Report

Wed, 04/17/2019 - 12:00pm
This borrowings are estimated to have accounted for 0.34 percent of GDP for FY19 as compared to 0.09 percent of GDP for FY18
Categories: India News

No breach of Aadhaar servers in IT Grids' case, servers fully secure: UIDAI

Wed, 04/17/2019 - 10:55am
No illegal access was made to its CIDR and no data has been stolen from its servers, UIDAI said in a statement
Categories: India News

India steel demand likely to exceed 7% in 2019, 2020: Global steel body

Wed, 04/17/2019 - 9:26am
The WSA in its report said it forecasts that global steel demand may reach 1,735 million tonne (MT) in 2019, a rise of 1.3 per cent over 2018
Categories: India News

M&A activities sluggish in Jan-Mar; 33% decline in deal value to $12.5 bn

Wed, 04/17/2019 - 8:25am
This drop (in value) can be attributed to delays in execution of deals, growing complexity in deal structures and macro-economic factors
Categories: India News

25 WTO members to come out with declaration on critical issues in New Delhi

Wed, 04/17/2019 - 7:35am
The meeting of 25 WTO member countries on May 13-14 here is expected to come out with a declaration on critical issues including 'special and differential treatment' for developing nations and impasse over the appointment of members to the appellate body of dispute settlement, sources said. The other issues that could figure in the meeting include fishery subsidies and public stockholding in agriculture, they said. India has convened a meeting of 25 developing member nations of the World Trade Organisation (WTO) on May 13-14 here. The meet assumes significance as several countries are raising questions over the relevance of the Geneva-based global trade body. Many countries are also taking protectionist measures, impacting global trade. "The idea of the meeting is to discuss these matters in detail and 'special and differential treatment' (S&D) is the core issue which would be deliberated upon," one of the sources said. As part of reforms at the WTO, the US wants the formulation .
Categories: India News

Govt eyes Rs 1,500 crore from IRCTC, IRFC IPOs by September

Wed, 04/17/2019 - 5:30am
The finance ministry earlier this year initiated the process of launching an IPO of IRFC but the company has told the railway ministry that their borrowing cost will go up if it gets listed
Categories: India News

5 million men lost their jobs after demonetisation, says SWI 2019 report

Wed, 04/17/2019 - 4:20am
Though the report does not establish any causal link with the note ban, it says the labour force participation started falling suddenly between September and December 2016 for both urban and rural men
Categories: India News

Understanding lateral entry in civil services: The story so far

Wed, 04/17/2019 - 2:19am
Lateral entry means the appointment of specialists from private sector in government organisations
Categories: India News

Protectionism doesn't preserve jobs, defend against AI: Raghuram Rajan

Wed, 04/17/2019 - 1:35am
He added that protectionism offers little defence against the job destroying effects of automation and Artificial Intelligence, which often are the larger source of job losses
Categories: India News

Rural unemployment: When jobs disappear, women are the first to lose out

Tue, 04/16/2019 - 10:18pm
The 'feminisation of agriculture' is 'not to be celebrated', because farm jobs keep women confined to 'low paid, insecure and oppressive labour relations'
Categories: India News

12% GST on RECs: Renewable power companies move Delhi High Court

Tue, 04/16/2019 - 5:09pm
The court on Tuesday issued notices to the Centre, the GST Council and the Central Board of Indirect Taxes and Customs in this regard
Categories: India News

HDFC MF marks down of another 12% on exposure to IL&FS SPV

Tue, 04/16/2019 - 5:03pm
After the additional markdown, the total markdown on the exposures stands at 37 per cent
Categories: India News

Trai finds 6 cable firms violating tariff order, seeks compliance in 5 days

Tue, 04/16/2019 - 1:20pm
Trai found that GTPL Hathway, Siti Networks, Fastway Transmissions, Den Networks, and IMCL are forcing channels and package schemes to users, and subscribers are not able to exercise their choice
Categories: India News