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Increasing investment to stimulate growth -C Rangarajan & DK Srivastava

-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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Govt withdraws super-rich surcharge on foreign, domestic equity investors

-PTI NEW DELHI: Buckling under pressure from overseas investors, the government on Friday rolled back the enhanced surcharge imposed on foreign portfolio and domestic investors in Budget 2019-20 as it announced a slew of measures to boost sagging economic growth. "In order to encourage investment in the capital market, it has Been decided to withdraw the enhanced surcharge levied by Finance (No.2) Act, 2019 on long/short term capital gains arising from the...

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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...

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2.66 lakh beneficiaries of farmer assistance scheme KALIA found ineligible: Odisha minister -Sampad Patnaik

-The Indian Express The government will take a call on the process to retrieve the money from the ineligible beneficiaries after August 31, when the scrutiny is complete. Bhubaneswar: The Odisha government has found that 2.66 lakh recipients of assistance under its Krushak Assistance for Livelihood and Income Augmentation (KALIA) scheme are not eligible for the benefit, Agriculture Minister Arun Sahoo said on Thursday. The government will take a call on the...

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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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