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India's growth projected to 'decelerate' to 5% in 2019-2020: World Bank

-PTI The World Bank said India's growth rate was likely to recover to 5.8 per cent in the following financial year. Washington: The World Bank has projected a five per cent growth rate for India in the 2019-2020 fiscal, but said it was likely to recover to 5.8 per cent in the following financial year. The growth rate for Bangladesh has been projected to remain above seven per cent through the forecast horizon...

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Reality check: on govt projecting slower GDP growth

-The Hindu Misplaced optimism needs to cede ground to tangible policy interventions The government’s advance estimates for economic output and growth for the fiscal year ending in March may raise eyebrows, but only for the wrong reasons. The National Statistical Office (NSO) has estimated that Gross Domestic Product (GDP) will expand by 5% in the 12-month period, in line with the Reserve Bank of India’s sharp downward revision last month in its...

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Reveal information on those seeking secrecy of donors of electoral bond scheme: CIC

-Moneylife.in In a historic decision, the Central Information Commission (CIC) has asked the government to reveal names of entities that have requested secrecy of donors identities in the electoral bond scheme. Coming down heavily on the central public information officers (CPIOs) of the department of economic affairs (DEA), department of financial services (DFS), department of revenue (DR), and Election Commission of India (ECI), the central information commissioner, Suresh Chandra issued show cause...

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Chief Justice Sharad Bobde scoffs at plea to declare CAA 'constitutional' -Krishnadas Rajagopal

-The Hindu He explains to lawyer that any law passed by the legislature is anyway attached with “a presumption of constitutionality”. Chief Justice of India (CJI) Sharad A. Bobde said the country was already going through difficult times and an endeavour should be made to maintain peace. The CJI made the oral comments while hearing a petition seeking an “aggressive” implementation of the Citizenship (Amendment) Act (CAA), which fast-tracks benefits of citizenship to...

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Modi govt policies hampering India's economic growth, foreign policy: risk firm -Suhasini Haidar

-The Hindu Eurasia Group places India as 5th highest geopolitical risk in 2020 list India has been ranked the 5th highest “Geopolitical Risk” in 2020, according to a list of 10 global risks in the year ahead, compiled by the Eurasia Group, a leading global political risk management consultancy. It said that in its second term, the Narendra Modi-led NDA government’s “social” policies were affecting India’s economic agenda and foreign policy image. “Prime...

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