-BusinessToday.in Finance Minister Nirmala Sitharaman's reform announcements related to coal, aviation, power sectors will suit these players * Adani Power, Tata Power, JSW Energy, Reliance Power will lock horns in the bid for thermal coal blocks * Existing captive users like Tata Power, Reliance Power, Tata Steel must bid at regular intervals to retain mining licence * Adani Enterprises Ltd had recently emerged as the highest bidder for six airports * Adani bought the Mumbai...

-The Indian Express There is an ambiguous provision to levy income tax on “dairying”. Either the provision should be removed or it should be clarified that it does not include dairy farmers. Dairying is a part of agriculture and as per the Constitution, it is a state subject. Those in power may not yet be accepting blame for the barrage of negative news on the state of the economy, but cracks are...

-Hindustan Times It has also exempted projects with a proposed capacity expansion up to 40% from the requirement of public consultations, with certain riders. In a move that could turn out to be a bonanza for the mining and infrastructure sectors, the environment ministry is considering a number of relaxations in the environment impact assessment (EIA) process that is carried out for development projects, including mining, before they are given the go-ahead. In...

-The Hindu National Capital Region Planning Board also released regional plans for 7 districts The National Capital Region Planning Board (NCRPB) on Friday released the functional plan for micro and household enterprises in the NCR that aims to boost micro, small and household enterprises, and approved regional plans for seven districts. Addressing the NCRPB Board meeting, Union Housing and Urban Affairs Minister of State (independent charge) Hardeep Singh Puri told NCR states to...

-The Hindu The agenda to set up a development bank is a welcome initiative, but questions remain on its design Finance Minister Nirmala Sitharaman’s press conference on August 23, announcing a slew of measures to boost the economy and financial market sentiments, had an interesting idea. It was about setting up a development bank. Ms. Sitharaman said: “In order to improve access to long-term finance, it is proposed to establish an organisation to...