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Why Arun Jaitley is unable to cut petrol, diesel prices -Abhik Deb

-The Times of India NEW DELHI: In the last one week or so, the government has actively turned its focus towards reviving the country's economy. On Thursday, news agency Reuters quoted government officials to report that the Centre is planning to spend up to Rs 50,000 crore to arrest the 'economic slowdown'. This report came a day after Finance Minister Arun Jaitley said that the government is considering additional measures to...

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The return of India's super rich -Rishabh Kumar

-Livemint.com The trajectory of wealth concentration in the country, not just the levels of recently estimated inequality, is important A flurry of estimates regarding Indian inequality have captured public interest recently. Whether one believes the wealth inequality numbers presented by credit Suisse or the distributional income accounts by Lucas Chancel and Thomas Piketty, evidence seems to state that India has high economic disparities. But inequality is to be expected in a developing...

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With Prices Rising Post-GST, Has the Government Taken the Public for a Ride? -Arun Kumar

-TheWire.in The Goods and Services Tax (GST) is awfully complex and has confused not only businesses and the public, but also the government. Have prices of goods and services risen because the implementation of the Goods and Services Tax (GST) is faulty or because it was not designed properly? Eighteen percent GST is levied on the food in a restaurant. This has raised the cost of eating out. Is this what was...

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SBI Research says economic slowdown is real not just 'technical'

-PTI SBI Research said the slowdown is real and not technical and called for more public spending to arrest the slide Mumbai: Noting that the economy has been on a downslide since September 2016, SBI Research on Tuesday said the slowdown is real and not technical and called for more public spending to arrest the slide. “We certainly believe that we are in a slowdown mode since September 2016 and a slowdown that...

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In loan waiver shocker, farmers of Uttar Pradesh get relief of 19 paise -Haidar Naqvi and Brajendra K Parashar

-Hindustan Times Many farmers have been left bewildered as the Uttar Pradesh government headed by chief minister Yogi Adityanath follows up on its poll promise of waving farm loans. Kanpur/ Lucknow: Ishwar Dayal, a marginal farmer of Bhartana in Etawah of Uttar Pradesh, was in for a shock when he was handed over by district officials a certificate saying his outstanding farm loan amounting to 19 paise has been waived. He says he...

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