Monday, 18 February, 2019
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Economy

Arun Jaitley in Parliament

What to expect from interim budget, and how it differs from full budget & vote on account

The Modi government is set to present an interim budget in the first week of February.
Indian two thousand and five hundred rupee banknotes|: Dhiraj Singh/Bloomberg

May need more currency as GDP size increasing, says RBI

Demonetisation caused a shrinkage in currency, but a growing GDP could require more currency in the system. 
Traffic stands congested outside the Tidel Park information technology (IT) hub in Chennai (Representational image)

Dim outlook for India’s car market likely to continue well into 2019

There is a clear consumer demand slowdown as there is a reduction in registrations across the segments.
State Bank of India building in Mumbai | Bloomberg

Edelweiss raises $1.3 billion to profit from an unprecedented bad-loan clean up in India

The company will use the funds to buy and turn around stressed assets
File photo of PM Narendra Modi | Paul Miller/Bloomberg

Lame duck or populist? Here’s how India’s interim budget works

India watchers are waiting to see if Modi will betray convention and announce tax concessions to win votes.
An aircraft operated by Jet Airways India Ltd. | Dhiraj Singh/Bloomberg

India’s struggling Jet Airways flags bailout options

Lenders are said to seek 35 billion rupee infusion from owners
1,000 rupee notes that were banned due to demonetisation

41 years ago, Morarji Desai’s govt also demonetised high value banknotes

On 16 January 1978, the Janata Party-led government demonetised Rs 1,000, Rs 5,000 and Rs 10,000 banknotes to weed out black money.

Caution is the watchword for world’s top central banks including Reserve Bank of India

Under a new governor Shaktikanta Das, the RBI is likely to prepare markets for an interest rate cut, say economists. Central banks enter the new...
PM Modi at the launch of a health and fitness centre under Ayushman Bharat scheme | Twitter

Modi govt’s Ayushman Bharat could be behind sharp spike in rural health inflation

Data released by government shows rural health inflation was at 10.14 per cent in December 2018, more than double since September 2018.

OnCamera

Actor Vyjayanthimala

Every Bollywood reincarnation story must tip its hat to Bimal Roy’s Madhumati

Of the many things that Bimal Roy’s Madhumati got right, Pran’s antagonistic turn was one.
space laws

When it comes to space activities in India, are no laws better than bad laws?

The government had put the draft Space Activities Bill in the public domain, inviting suggestions. The bill was never introduced in this Lok Sabha. 

Defence

Convoys to Kashmir can’t be stopped even if aircraft are available, top CRPF officers say

CRPF officer says nearly 4,000 personnel needed to be moved from Jammu to Srinagar due to a backlog caused by weather. Not all could’ve gone by aircraft.
National Interest

Suicidal Pakistan should know Modi may not be scared of its nuclear button

Pakistan has taken too much of a chance with Pulwama — with the wrong government in India, and at the wrong time.