-The Hindu Business Line The Survey has said that India can be rated as among the best performing economies in the world The Economic Survey 2018 has pegged FY19 GDP growth at 7-7.5%. The Finance Minister Arun Jaitley on Monday tabled the Economic Survey 2017-18 in the lower house. The Survey has said that India can be rated as among the best performing economies in the world as the average growth during...
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FRDI Bill: Centre drags its feet in responding to House panel -AM Jigeesh
-The Hindu Business Line Joint committee likely to seek term extension New Delhi: If the pace at which the Joint Committee on the FRDI Bill has held proceedings is any indication, the Centre seems to have developed cold feet on getting the legislation passed. In January, the committee has had all but two sittings. The panel has a mandate till April 6, the last day of the Budget Session of Parliament, but sources...
More »Pranab Bardhan, professor of graduate school in the department of economics at the University of California (Berkeley), interviewed by Devadeep Purohit (The Telegraph)
-The Telegraph The Left in Bengal had often criticised him whenever he red-flagged excessive local tyranny, and spoke about the industrial decline in Bengal. The incumbent ruling party may make tall claims about changes in Bengal since the Trinamul government came to power but he has been candid enough to suggest that he hasn't seen much change either in industrial expansion or in investment in infrastructure. Former Prime Minister Manmohan Singh has...
More »Iron, steel cos' GNPA for PSBs in basic metals 24%: Govt
-PTI The Indian steel industry contributes approximately 2 per cent to the country's GDP New Delhi: Iron and steel sector accounts for about 24 per cent of total gross non-performing assets (GNPA) in basic metal and metal product category for public sector banks (PSBs), according to the Ministry of Steel. "The share of gross non-performing assets (GNPA) for iron and steel in basic metal and metal product category as on September 30, 2017...
More »New territory, says Arun Jaitley as House passes Insolvency Bill -Rahul Tripathi
-The Indian Express Over-inclusive, says Chidambaram, it keeps out even those convicted of non-financial crime As Rajya Sabha cleared the Insolvency and Bankruptcy Code Amendment Bill Tuesday, Finance Minister Arun Jaitley said the government has entered unchartered territory and would continue to modify the law. “Insolvency and Bankruptcy is an area in which it is only in recent years that we have chartered into. It is a learning experience,” Jaitley said in...
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