News for 'GST cut'

Two-wheeler sales hit speed-break

Two-wheeler sales hit speed-break

Rediff.com24 Jan 2019

Dealers attribute the sluggishness in sales to distress in rural India as well as tepid sentiment in urban markets.

Bank mergers won't lead to job loss: Sitharaman

Bank mergers won't lead to job loss: Sitharaman

Rediff.com1 Sep 2019

Sitharaman said the government understands that the contours and tone of issues for each sector varied from one to the other.

Higher tax on gold likely, sparks market worry

Higher tax on gold likely, sparks market worry

Rediff.com27 Feb 2016

While an import duty is ruled out, a small excise duty on jewellery manufacturing can be on the cards.

Big leap for India in ease of doing business; rank improves to 77

Big leap for India in ease of doing business; rank improves to 77

Rediff.com31 Oct 2018

India improved its rank on six out of the 10 parameters relating to starting and doing business in a country.

Few economic activities that ruled India in 2015

Few economic activities that ruled India in 2015

Rediff.com18 Dec 2015

For a long time, the Indian economy has been drifting without a credible monetary anchor.

RBI sees oil prices, HRA payout impact inflation

RBI sees oil prices, HRA payout impact inflation

Rediff.com6 Dec 2017

The policy review observed that the moderation in inflation, excluding food and fuel, that was witnessed in the first quarter of 2017-18 has "by and large, reversed".

Economic Survey pegs GDP at 7.75%; pitches for more reforms

Economic Survey pegs GDP at 7.75%; pitches for more reforms

Rediff.com26 Feb 2016

The Survey projected growth rate of 7-7.75 per cent for 2016-17 with downside risks due to weak global economic scenario.

How this town persuaded migrant workers to stay

How this town persuaded migrant workers to stay

Rediff.com1 Jun 2020

'It is because we treat them as our own people, and there is no difference between owners and workers here.'

Is there a great deal of trust in the private sector?

Is there a great deal of trust in the private sector?

Rediff.com19 Mar 2018

With certain quarters demanding privatisation of public sector banks in the aftermath of the alleged fraud at Punjab National Bank (PNB), Economic Advisory Council to the Prime Minister chairman Bibek Debroy tells Sanjeeb Mukherjee, Ishan Bakshi and Indivjal Dhasmana that reducing government equity even to zero would not mean giving up of government control over these banks.

Lessons from the Farmer's Protest

Lessons from the Farmer's Protest

Rediff.com18 Jan 2021

'This confrontation could have been avoided by a less arrogant administration that initially listened, used whatever negotiating skills they had and tried to be more credible,' observes Ramesh Menon.

With 268 seats in non-BJP states, how will 2024 pan out?

With 268 seats in non-BJP states, how will 2024 pan out?

Rediff.com21 May 2021

Elections 2024 is not as open and shut as has been presumed. There is some life left in it, observes N Sathiya Moorthy.

'Economic package is like an onion'

'Economic package is like an onion'

Rediff.com22 May 2020

'You peel one layer, then another layer, then another, but in the end, you will see that there is no onion inside.' 'This package has been packaged well, but there is nothing much inside the package!'

Indian tax regime is set for total makeover

Indian tax regime is set for total makeover

Rediff.com2 Jan 2017

The Narendra Modi government's alacrity in promoting ease of tax administration, a critical component in the ease of doing business index, has set in motion several incremental policy and administrative reforms, says Mukesh Butani.

India services PMI jumps to 5 month-high in Nov: HSBC

India services PMI jumps to 5 month-high in Nov: HSBC

Rediff.com3 Dec 2014

A figure above 50 indicates that the sector is expanding, while a figure below that level means contraction.

Rising commodity prices to take a toll on Q2 results

Rising commodity prices to take a toll on Q2 results

Rediff.com17 Aug 2017

On an average most commodities are up between 20-30 per cent compared to a year ago levels.

Modi's efforts to usher reforms hits a roadblock

Modi's efforts to usher reforms hits a roadblock

Rediff.com17 Aug 2015

Chaos in Parliament threw a spanner in the government's efforts to revive the economy and kick-start reforms.

Sensex, Nifty hit fresh highs; bank stocks drive rally

Sensex, Nifty hit fresh highs; bank stocks drive rally

Rediff.com18 Jan 2018

Domestic markets are also aided by a rally in the global markets with US market surging to record high and a firming trend at other Asian bourses.

All eyes on Jaitley's fifth Budget

All eyes on Jaitley's fifth Budget

Rediff.com8 Dec 2017

The battle on creating jobs is virtually lost. If the battle for achieving higher growth too is lost, then its political consequences could become difficult to manage, says A K Bhattacharya.

HSBC downgrades Indian equities to 'underweight'

HSBC downgrades Indian equities to 'underweight'

Rediff.com13 May 2015

India remains one of the most over-owned market in Asia.

Exactly how much does Vodafone Idea owe the govt?

Exactly how much does Vodafone Idea owe the govt?

Rediff.com6 Mar 2020

VIL pegs dues at Rs 21,533 cr, less than half of DoT estimate. During a meeting with Vodafone Group CEO Nick Read, Telecom Minister Ravi Shankar Prasad made it clear that the government is against a monopoly in the telecom sector, and wants Vodafone Idea to survive and remain invested in India.

'Government this time has said outright privatisation'

'Government this time has said outright privatisation'

Rediff.com4 Feb 2021

'They want (the ownership and management of PSU banks) to pass into the hands of a private sector entity.' 'Ownership of these banks will go from the public sector to private sector.'

In big boost, India jumps 30 places to 100 on ease of doing business

In big boost, India jumps 30 places to 100 on ease of doing business

Rediff.com1 Nov 2017

Prime Minister Narendra Modi hailed as "historic" the jump.

Where are the jobs, Mr Modi, asks Chidambaram

Where are the jobs, Mr Modi, asks Chidambaram

Rediff.com21 Dec 2015

The government on Friday lowered its economic growth forecast.

Moody's cautions against curbing RBI autonomy on policy rates

Moody's cautions against curbing RBI autonomy on policy rates

Rediff.com30 Jul 2015

India's political infighting is denting business confidence.

Things will get worse before they become better

Things will get worse before they become better

Rediff.com13 Oct 2017

We should brace ourselves for more bad news in the coming quarters -- on economic output and growth, strains on the fiscal deficit, export slowdown, small and micro enterprises in distress, and further accumulation of NPAs in the banking sector, says Rahul Khullar.

India to grow faster than China

India to grow faster than China

Rediff.com14 Jan 2016

Whereas the headline growth rate appears very respectable, India needs faster to growth to generate jobs.

For Rohingyas, Tamil Nadu offers succour during lockdown

For Rohingyas, Tamil Nadu offers succour during lockdown

Rediff.com8 May 2020

A cyclone shelter building at Kelambakkam, which was recently given a fresh coat of paint, is the current home of nearly 100 Rohingyas who belong to 18 families. The neighbourhood is on the way to Mamallapuram, about 25 km from Tiruvanmiyur in south Chennai. While some Rohingya men work as butchers, some are helpers in restaurants and others do odd jobs like delivering goods on their fish cart.

Highlights of Union Budget 2020-21

Highlights of Union Budget 2020-21

Rediff.com1 Feb 2020

The Budget emphasises on capacity building and empowerment of marginalised sections of society including farmers.

Sonia, Manmohan meet Chidambaram, express concern over his detention

Sonia, Manmohan meet Chidambaram, express concern over his detention

Rediff.com23 Sep 2019

Chidambaram said he was honoured that the two leaders visited him.

The story behind Vodafone's fall in India

The story behind Vodafone's fall in India

Rediff.com24 Nov 2019

Cut-throat competition, high spectrum costs, and frequent flip-flops in government policies have made it difficult for Vodafone to make money in the country.

Consumer spend falls for the first time in over 40 years

Consumer spend falls for the first time in over 40 years

Rediff.com22 Nov 2019

Experts said a dip in consumption expenditure indicated an increasing prevalence of poverty in the country.

Kerala floods: Centre releases Rs 600 cr; CM seeks Rs 2,600 crore special package

Kerala floods: Centre releases Rs 600 cr; CM seeks Rs 2,600 crore special package

Rediff.com22 Aug 2018

An estimated 223 people have lost their lives since August 8 in Kerala's worst floods in decades that has caused damage worth more than Rs 20,000 crore.

The men behind Sitharaman's 2nd Budget

The men behind Sitharaman's 2nd Budget

Rediff.com30 Dec 2019

Finance Minister Nirmala Sitharaman will present her second Budget a little more than a month from now. Like any other FM, Sitharaman will depend on her team of bureaucrats and advisors to frame and present the Budget.

Opinion: Why Modi deserves another chance

Opinion: Why Modi deserves another chance

Rediff.com8 Jan 2019

'Genuine mistakes can and must be forgiven,' argues Vivek Gumaste.

'PM has no clear roadmap for $5 trillion economy'

'PM has no clear roadmap for $5 trillion economy'

Rediff.com11 Feb 2020

Despite all of the PM's many strengths, it is increasingly clear that he does not necessarily have a coherent and clear worldview on matters of macro policy.

Factors that can help India improve its image globally

Factors that can help India improve its image globally

Rediff.com15 Dec 2014

India's share of 2015 emerging market allocations will be driven by FII perceptions on likely growth and reform.

India's exports contract, but trade deficit falls to 5-month low

India's exports contract, but trade deficit falls to 5-month low

Rediff.com16 Oct 2018

September import growth was the second lowest this fiscal year, after the April growth figures of 4.6 per cent, bringing the trade deficit down to $13.98 billion

Few reforms auto industry expects from the Budget

Few reforms auto industry expects from the Budget

Rediff.com28 Feb 2015

The auto industry expects lower taxes and interest rates from Budget 2015.

Time to worry about India's economic future

Time to worry about India's economic future

Rediff.com18 Jan 2017

'Concerns about India's future are hampering private investment.' 'If the private sector sees strategy, teams and execution on these issues, this will inspire confidence in India.' 'This should be our main strategy for 2017,' says Ajay Shah.