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Saturday, April 27, 2024
TopicEconomy

Topic: Economy

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.

Why has the Modi govt given Indian defence the Cinderella treatment?

The defence squeeze is particularly difficult to understand because the BJP has traditionally been more security-oriented than other political parties.

Middle of Nowhere Class: When just 2.56% pay 100% of India’s income tax & govt wants more

Governments treat the middle classes rudely and squeeze taxes out of them as they are the usual suspects – without lobbies or electoral power.

The Modi govt is going to spend Rs 150 cr on the Mahatma’s 150th birthday

Union Budget 2018-19 has allocated funds for the commemoration programme that a committee is expected to finalise. 

The perfect word to describe Arun Jaitley’s budget: Restless

The budget has the fingerprints of a worried, impatient government not as sure of a second term with a clear majority. Thankfully, it isn’t irresponsible.

In Davos, Modi said protectionism is terrorism. Jaitley shows he didn’t mean it

An election Budget is usually marked by fiscal profligacy to voter-friendly finance schemes. But this government is confident about selling empty promises.

Budget 2018 doubles MPs’ salaries, but they’ll no longer decide on their own raises

Each MP will now get Rs 1 lakh per month, but revision of emoluments will now be an automatic, inflation-linked process that’ll take place every five years.

Budget 2018 makes India uncompetitive for investments, says Adi Godrej

Arun Jaitley has re-introduced long-term capital gains tax of 10 per cent. Companies with turnover of up to Rs 50 crore have got corporate tax relief.

Budget 2018: What onions, tomatoes & potatoes can learn from the milk shake-up

Like milk, government wants to develop market for onions, potatoes and tomatoes, launches new scheme with a corpus of Rs 500 crore to help farmers.

Budget 2018 gives incentives to get more women in the workplace, keep them there

EPFO payment rate eased for women workers from 12 to 8 per cent; Rs 3 lakh crore allocated for loans under Mudra Scheme.

On Camera

Indira, Manmohan, Modi, all raised income inequality. Until Hindu fears took the driving seat

The issue of inequality has assumed the blazing limelight at a time when inequality in India is said to be higher than it was in the British Raj. It's a ripe situation for half-truths and incendiary statements.

Foreign policy resonating among more Indians in 2nd & 3rd tier towns of India, says EAM Jaishankar

Speaking at launch of economist Surjit Bhalla’s book, S Jaishankar also highlights Gen Z’s engagement with ‘reel culture’, which has 'promoted awareness, created interest in many subjects'.

Germany removes restrictions, India can now buy small arms from its firms

Germany’s erstwhile Christian Democratic Union govt, led by Angela Merkel, prevented sale of small arms to police forces in states they perceived had ‘bad human rights record’.

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.