Sunday, 19 August, 2018

Topic: budget

Moody's logo displayed outside its headquarters in New York | Scott Eells/Bloomberg

Moody’s says recent GST rate cut will put extra pressure on India’s fiscal consolidation

The ratings agency estimated a revenue loss of around Rs 8,000-10,000 crore due to the GST cut.
Karnataka Chief Minister H D Kumaraswamy | PTI

Kumaraswamy’s budget tomorrow is likely to be a tough exercise in balancing contradictions

While farm loan waiver will be the focus, Kumaraswamy is also expected to announce new programmes for urban Karnataka.
A pedestrian walks past a billboard for the Bharatiya Janta Party (BJP)

Modi bets to gain in Lok Sabha polls with welfare plan for 1/3rd of Indians

Though this extension of benefits to 500 million people may ease his road to 2019, it will also likely widen India's yawning fiscal deficit Prime M...
Narendra modi in the parliament for the budget session 2018

India’s budget threat back in focus after Modi loses Karnataka

The bonds have taken a knock this year, which were further fueled by wider budget targets, faster inflation and a global selloff of emerging market assets.
MGNREGA won’t make stubble burning go away, says govt panel

To stop stubble burning, Punjab makes it mandatory to affix machine to combine harvesters

Farmers will have to buy ‘super straw management system’ at a subsidised rate; govt sets aside Rs 100 crore in state’s budget presented Saturday.

As opposition refuses to budge, BJP to tap LS majority to pass Budget

Sources said the decision came after repeated attempts to reach out failed to assuage the opposition, leading to seven straight days of washou

Rajasthan’s budget this week had the seed of a new milk revolution, but everybody missed it

The two state budget this week stand out in contrast to any other in India, for uniqueness and long-term physical and intellectual impact in Rajasthan.
RBI Governor Urjit Patel addresses a press conference

RBI leaves rates alone, says growth will depend on stable financial management

The central bank has said that the economic recovery is on a stable path, but said inflation risks persist.

Complete rollout of world’s largest healthcare scheme to take 1.5 years

First phase may be launched on 15 August;, 1.5 lakh health and wellness centres to be set up by 2022.
A person infront of a computer, job hunt

Worried about jobs in India? Don’t be, things are looking bright after a dark 2017

The job market is not super-hot. But post the Budget, the sentiment for hiring is in the 70-plus category, up from the below-40 mark post-demonetisation.
Narendra Modi

Modi cannot be blamed for failing to revamp India’s manufacturing sector

Vajpayee, in 2001, withdrew his promise to amend the draconian labour laws of the country when he saw that his own party was against it.

Devastating Kerala floods: National indifference or political partisanship?

Heavy rain hit Kerala on 8 August leading to floods that have affected 443 villages. By Friday, the death toll rose to 177. The Centre announced a relatively...