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FISCAL ROADBLOCKS
Trump calls court freeze on $100,000 H-1B fee ‘crazy’ and 'hurting our country'US President Donald Trump slammed federal judges for blocking his administration's USD 100,000 H-1B visa fee, calling the system "crazy". W...
US lawmakers cheer as court blocks $100,000 H-1B fee in major blow to Trump visa curbsUS lawmakers welcomed a court ruling blocking a proposed USD 100,000 H-1B visa fee, despite White House plans to appeal. The decision cruci...
Rs 10.9 lakh crore burden: Iran shock can take a load off India's backRising oil prices triggered by the Iran conflict are pushing India to accelerate its shift away from fossil fuels, with the government fast...
View: Why Indian companies don’t want to invest in IndiaIndian companies are not investing as much as the government expects them to. Despite tax cuts and infrastructure spending, businesses have...
Centre may seek revised bids from two suitors for IDBI BankGovernment may seek revised financial bids for IDBI Bank. Original offers fell below the set reserve price. This strategic sale is crucial ...
NITI Aayog lays out a roadmap to make India global manufacturing hub for high quality sports goodsIn its report ‘Realising the Export Potential of India’s Sports Equipment Manufacturing Sector’, released on Thursday, the Aayog has propos...
User-pays model key to an infra reboundBureaucratic roadblocks have also taken a toll on these projects.
Budget 2019: Sitharaman faces daunting task of boosting growth with fiscal prudenceThere is a need to look at agriculture beyond food security alone if we were to find a solution to the agrarian crisis, it said, advocating...
GST to have minimal impact on inflation, GDP growth: NomuraThe Centre has agreed to allow states control over most of small taxpayers, but the GST rollout date was pushed back by three months to Jul...
Budget 2016: Too many regulations the biggest roadblock in India, says Adi GodrejAdi Godrej is happy with the Budget proposals aimed at driving rural demand, but is concerned about excess regulations in India.
S&P warns India of financial or commodity shocksThe ratings firm has a stable outlook on India’s barely investment grade BBB-minus rating.
Fiscal roadblocks could stall India's infrastructure progress: S&PThe report notes that budget deficit relative to GDP has fallen in recent years. However, the latest-year deficit reduction didn't come eas...
Government working on 'as big reforms as we need': Aditya Puri, HDFC Bank chiefConfident about India returning to 7 per cent growth path, top banker Aditya Puri has said that the government was serious about big econom...
Vote on Account 2014: Interim budget an 'election budget', say analystsAnalysts termed the interim budget as an "election budget", and cautioned the pre-polls "sweeteners" will make it difficult to achieve the ...
IMF quota reform delay to help India save Rs 14,000 crore in FY'14The Indian government had earmarked Rs 14,000 crore in the current fiscal's Budget towards its contribution for higher share in the IMF.
Prime Minister calls high-level meeting to push divestmentWith eight months of the fiscal over, it has managed to garner only over Rs 1,325 crore through stake sale in six PSUs.
Budget 2013 lays roadmap for investment: PM Manmohan SinghPM listed fiscal deficit, inflation and current account deficit as three barriers that can affect the realisation of the growth potential o...
- Major defence deals may get hit due to shortage of funds
Defence Ministry will undertake a review next month of major military projects such as plans for acquiring 126 combat aircraft.
- Decline in STT collection continues, down 15% till July
The Securities Transaction Tax collection so far this fiscal stands at Rs 1,346 crore against Rs 1,550 crore a year ago.
- Taking steps to cut fiscal deficit, Current Account Deficit: Finance Ministry on S&P's threat
The govt today said it is taking steps to deal with economic issues like fiscal deficit and CAD after S&P threatened to lower India's ratin...