-The Hindu Attention needs to be paid to both cyclical and structural dimensions of India’s present economic slowdown India’s current economic slowdown is due to a combination of two underlying trends. First, there is the short-run cyclical slowdown exhibited by a number of high-frequency indicators, reflecting a significant fall in demand, especially for sectors such as automobiles, consumer durables and housing. Second, there is the more serious long-term fall in investment and savings...
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Data: Is India facing population explosion as the Prime Minister claimed? -Varun B Krishnan
-The Hindu In his Independence Day speech, Prime Minister Narendra Modi touched upon the need to control 'population explosion' in India. However, the growth RATe of the country's population has been falling since 1971. The Total Fertility RATe (the average number of children borne by a woman in her lifetime) has also been falling across most States. India's population growth RATe peaked between 1961 and 1971 and has been falling since. The...
More »CorpoRATe tax reduction: They already pay much less than required effective -Subodh Varma
-Newsclick.in Effective tax RATe for Big Business in India was 26.3% although statutory RATe is 34.6%, according to Budget documents. There is a proposal that corpoRATe taxes should be reduced to 25% from 30%. According to reports, this has been mooted in a report submitted to the finance minister by a panel headed by Akhilesh Ranjan, member of the Central Board of Direct Taxes (CBDT). However, data on corpoRATe taxes put out...
More »Biscuit-maker Parle says it may have to sack 8,000 to 10,000 workers amid slowdown in sales
-Scroll.in The company said higher taxes in the GST system had forced it to increase prices. It caused consumer demand to fall. Biscuit maker Parle Products Private Limited on Tuesday said it may lay off almost 10,000 employees if the demand slowdown continues, The Economic Times reported. “We have sought reduction in the Goods and Services Tax on biscuits priced at Rs 100 per kg or below, which are typically sold in...
More »SEBI simplifies norms for foreign investors
-The Hindu Scraps broad-based criteria, eases Know-Your-Customer rules; FPIs had sold shares worth over Rs.22,000 cr. in July, August Mumbai: At a time when foreign investors have been selling Indian shares in huge quantum, the Securities and Exchange Board of India (SEBI) has simplified the compliance and opeRATional requirements for foreign portfolio investors (FPIs), to make the regulatory framework more investor friendly. The SEBI board, which met here on Wednesday, decided to do...
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