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  • Quick Take | Off-budget financing: There's no such thing as a free lunch Jan 15, 2019 05:56 PM IST

    Quick Take | Off-budget financing: There's no such thing as a free lunch

    Essentially, the government is able to understate its expenditure by getting public sector units to spend money, which would otherwise have been part of the budget. As a result the total liability of the central government at the end of FY 2016-17 is actually 50.5 percent of GDP rather than 45.5 percent reported by the Centre, according to the CAG.

  • Opinion | India has an opportunity as China tries to boost its economy Jan 15, 2019 05:53 PM IST

    Opinion | India has an opportunity as China tries to boost its economy

    This pessimistic note was in marked contrast to the previous CEWC and when at the beginning of the trade war, Chinese official media claimed that the Chinese economy was “resilient enough to cope”.

  • Australia in trouble, struggle to 89/4 at lunch on Day 3 Dec 28, 2018 07:34 AM IST

    Australia in trouble, struggle to 89/4 at lunch on Day 3

    Starting at the overnight score of 8 for no loss, Australia were under the pump early on as Ishant Sharma (1/32) and Jasprit Bumrah (2/28) made life difficult for the batsmen with their immaculate line and length.

  • Cell records support claim of Cohen-Russia meet in Prague: Report Dec 28, 2018 01:40 AM IST

    Cell records support claim of Cohen-Russia meet in Prague: Report

  • India's Jan Iran oil imports up 1.5% MoM: Shipping data Jan 31, 2018 11:00 AM IST

    India's Jan Iran oil imports up 1.5% MoM: Shipping data

    Iran used to be India's second-biggest oil supplier, a position which now belongs to regional-rival Iraq after tough Western sanctions over its nuclear development programme limited Tehran's exports and access to finance.

  • QUIZ: How well do you know Aadhaar? Jul 21, 2017 05:40 PM IST

    QUIZ: How well do you know Aadhaar?

    The issuance of the 12 digit unique identity number, Aadhaar, is gaining popularity among the government schemes for several benefits provided from the Consolidated Fund of India.

  • Nirmala to launch TIES scheme for export infra today Mar 15, 2017 08:24 AM IST

    Nirmala to launch TIES scheme for export infra today

    The Trade Infrastructure for Export Scheme (TIES) would primarily focus on projects like customs checkpoints, cold storages at ports and last mile connectivity, an official said.

  • Centre asks states to ensure seeding of bank accounts: Sinha Mar 15, 2017 08:04 AM IST

    Centre asks states to ensure seeding of bank accounts: Sinha

    Sinha was speaking during a meeting chaired by him to review the growth of digital payments and status of Aadhaar seeding with Union secretaries and Chief Secretaries of various states via video conferencing.

  • Glass ceilings at workplace are yet to be broken Mar 08, 2017 01:50 PM IST

    Glass ceilings at workplace are yet to be broken

    Be it in case of the pay, promotions, second careers or work conditions for blue-collared women workers, there is a long bridge to be crossed.

  • Pricing formula for natural resources in the works: Steel Secretary Mar 08, 2017 01:23 PM IST

    Pricing formula for natural resources in the works: Steel Secretary

    The steel ministry is working closely with the NITI Aayog on pricing the country’s natural resources like iron ore, coking coal, coal, gas, among others.

  • India factory activity expands at a slightly faster pace in Feb Mar 01, 2017 10:53 AM IST

    India factory activity expands at a slightly faster pace in Feb

    The Nikkei Manufacturing Purchasing Managers' Index, compiled by IHS Markit, rose to 50.7 in February from 50.4 in January. That beat a Reuters poll median of 50.3 and was the highest level since November.

  • No fundamental dispute in GST council: Kerala FM Mar 01, 2017 08:40 AM IST

    No fundamental dispute in GST council: Kerala FM

    Speaking during the Question Hour, Issac told the House, "There were no fundamental disputes in GST council." The next meeting of the council, to be held in Srinagar, would take decision to fit different goods and services into the four approved slabs of 5, 12,18 and 28 per cent tax rates under Goods and Service Tax (GST).

  • Q3 growth negates negative speculations about note ban impact Mar 01, 2017 08:40 AM IST

    Q3 growth negates negative speculations about note ban impact

    Economic Affairs Secretary Shaktikanta Das said the third quarter and the 7.1 percent growth projected for full fiscal are "definitely something noteworthy".

  • Govt sees FY17 per capita income rising 10% to Rs 103,818 Mar 01, 2017 08:38 AM IST

    Govt sees FY17 per capita income rising 10% to Rs 103,818

    "The per capita net national income during 2016-17 is estimated to be Rs 103,818 showing a rise of 10.2 percent as compared to Rs 94,178 during 2015-16 with the growth rate of 8.9 percent," as per data on Second Advance Estimates of National Income, 2016-17.

  • Tax officials to send 50,000 letters to PM for successful GST Mar 01, 2017 08:38 AM IST

    Tax officials to send 50,000 letters to PM for successful GST

    A decision in this regard was taken during a meeting of representatives of All India Association of Central Excise Gazetted Executive Officers and those from Indian Revenue Service (Customs and Central Excise).

  • Odisha Govt gives approval for investment of Rs 26,000 crore Mar 01, 2017 08:32 AM IST

    Odisha Govt gives approval for investment of Rs 26,000 crore

    While the State Level Single Window Clearance Committee headed by Chief Secretary A P Padhi today accorded approval for 14 different projects worth investment of Rs 25,474 crore, the same committee on January 31 had given its nod for investment of another 697 crore.

  • Tough love for bad debt? RBI deputy targets banks' toxic loans Mar 01, 2017 08:02 AM IST

    Tough love for bad debt? RBI deputy targets banks' toxic loans

    At issue is what to do with USD 133 billion in stressed assets accumulated by banks after years of reckless lending, a problem that has bedevilled regulators and stalled loans that India needs to revive private investment.

  • How India is trying to tackle its bad loans problem Mar 01, 2017 07:53 AM IST

    How India is trying to tackle its bad loans problem

    The proposal is similar to one by the government's Chief Economic Adviser Arvind Subramanian, who has called for a bad bank.

  • Govt approves Rs 756 cr scheme to treat cataract patients Mar 01, 2017 07:50 AM IST

    Govt approves Rs 756 cr scheme to treat cataract patients

    "Big relief to cataract patients : Modi govt approves scheme of Rs 756 crore for the treatment of 786 lakh cataract patients in 5 years," BJP official twitter handle said, which was re-tweeted by Union Health Minister J P Nadda.

  • World Bank closely working with Maharashtra govt: Georgieva Mar 01, 2017 07:48 AM IST

    World Bank closely working with Maharashtra govt: Georgieva

    The announcement was made by World Bank CEO Kristalina Georgieva after concluding her day-long visit to the megapolis.

  • How Jaitley's Budget gave a fillip to JDAs in real estate Feb 28, 2017 10:35 PM IST

    How Jaitley's Budget gave a fillip to JDAs in real estate

    Joint Development Agreements were the lifeblood of the sector till the 2008 financial crisis.

  • Growth overstated due to lack of informal sector data: Sen Feb 28, 2017 10:28 PM IST

    Growth overstated due to lack of informal sector data: Sen

    In a panel discussion on CNBC-TV18, Pronab Sen, Former Chief Statistician of India said that formal sector data is used as a proxy to estimate the informal sector data, hence even though the informal sector was hit harder due to demonetisation the numbers don't seem to reflect it.

  • EC bars CSO from releasing state-specific data during polls Feb 28, 2017 09:02 PM IST

    EC bars CSO from releasing state-specific data during polls

    The CSO, which released the quarterly GDP figures today, has been barred by the Election Commission from releasing any state-specific data during the ongoing assembly elections lest it should influence voting pattern.

  • India Inc pitches for reforms as economy grows 7% in Q3 Feb 28, 2017 08:38 PM IST

    India Inc pitches for reforms as economy grows 7% in Q3

    With the GDP growing by 7 percent in the third quarter, India Inc said the economy is getting back on track yet reforms are needed to revive investments and push demand hit by note ban.

  • Cibil pegs MSME bad loans at Rs 55K-cr,launches score for them Feb 28, 2017 08:14 PM IST

    Cibil pegs MSME bad loans at Rs 55K-cr,launches score for them

    Warning that the banking industry is staring at a potential stress of nearly Rs 55,000 crore in its MSME exposure, Transunion-Cibil today launched a ranking for small businesses to take care of "information asymmetry".

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