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Merchandise exports affected by global slowdown but not export of services

  Is it the case that the global economic downturn instead of shrinking domestic demand has affected our economy more? If the aforesaid statement is true, then ideally the trade related data should indicate improvement in our imports and deceleration in the country's exports. However, that is not the case and we get a mixed picture.   A press release by the Ministry of Commerce & Industry dated 13th September, 2019 shows...

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What data says about FIRst 100 days of Modi 2.0 -Sneha Alexander & Vishnu Padmanabhan

-Livemint.com Contrary to?perceptions that auto slowdown is driven by changing millennial preferences, data shows that millennials, in fact, do want to purchase?cars Through a dedicated booklet (100 Days of Bold Initiatives and Decisive Actions) and press conferences across the country, the Bharatiya Janata Party (BJP) has launched a publicity blitz celebrating its achievements in the FIRst 100 days of its return to power. But are the BJP’s claims and promises grounded in...

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Supreme Court continues its stay on eviction of lakhs of forest dwellers

-The Hindu Their claims for forest land rights have been rejected under the Forest Rights Act of 2006 The Supreme Court on Thursday continued its stay on the eviction of lakhs of Scheduled Tribes and other traditional forest dwellers whose claims for forest land rights have been rejected under the Forest Rights Act (FRA) of 2006. A Bench led by Justice Arun Mishra posted the case for hearing on November 26 and said...

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New traffic rules under Motor Vehicles Act: States that have put the brakes on hefty fines for violations

-The Indian Express New Traffic Rules 2019: Under the Motor Vehicles Act, 2019, heavy fines are being imposed for offences like over speeding, drunk driving and driving without a helmet. However, several states are not happy with the hefty fines and have expressed reservations on implementing the Act. The Motor Vehicles Amendment Act has waded into controversy with multiple states accusing the Centre of burdening the common man with heavy fines....

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IMF's 'Phantom FDI' destinations and the India connection -Sai Manish

-Business Standard IMF study says investments in empty corporate shells in these nations by companies' hints at tax evasion New Delhi: In a recently released paper, the International Monetary Fund (IMF) has drawn the world’s attention to the rising menace of ‘Phantom foreign direct investment (FDI)’, defined as investment flows that pass through empty corporate shells that have no real business activity, with the intention to avoid paying taxes in their host...

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