Tax collections have fallen sharply due to the lockdown, pushing state governments to ask the Centre for funds in order to avoid racking up debt.
Thanks largely to $15 billion of investments in Jio, India accounts for more than 12% of announced deals in the Asia Pacific region so far this year.
Decision to merge the 3 companies — National Insurance Co Ltd, United India Insurance Co Ltd, and Oriental Insurance Co Ltd — ahead of their proposed listing was announced in 2018 budget.
Analysis by TeamLease Compliance shows compliance burden remained onerous for firms in India. Govt says it has taken many steps but agrees more needs to be done.
The greatest productivity losses from being undernourished were in agriculture, mining & construction, with Ethiopia and India facing highest burden.
Slump in air travel & AirAsia’s financial performance cast significant doubt on its ability to continue as a going concern, E&Y said in a report.
Facing fiscal deficit of 7%, Modi govt can get the Reserve Bank of India to buy sovereign bonds directly or boost dividends to help supplement revenue.
According to an analysis, tropical and subtropical countries whose average temperatures are already warmer than 15° C today face catastrophic economic degradation.
Lockdown, falling rubber prices & a reeling plantation sector have all forced the LDF govt to have a relook at land laws, considered sacrosanct in the state.
Fall in remittances can hurt Kerala’s finances seriously. World Bank is working with state govt on ‘diaspora bonds’, to mobilise savings of expats.