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Economy and Business

Unlike the ‘Economic Survey’ proposal, the idea behind a universal basic income is one of redistribution

 

RBI’s obstinate refusal to cut policy rates, and the moving of its policy stance from neutral to accommodative, is not based on economic logic. Both headline and core inflation data argue for a rate cut

 
Energy Efficiency Services Ltd (EESL) has received cumulative orders from Sri Lanka, Bangladesh, Bhutan and Nepal for about 25 million LED lamps. It is also in talks with leading banks in India for replacing air-conditioning at their ATMs.     
 

Demonetisation shows India’s social welfare measures like MGNREGS to be worryingly patchy

 

The committee is now aiming to reach a position where it is able to maintain inflation close to 4%

 
Not just a tax change, it is being looked at as a business transition—and that means CEOs must get it right  
 

It is surely incorrect to view India's demonetization exercise as an instance of monetary policy. Monetary policy à la economics addresses issues linked to gross domestic product, unemployment, inflation and so on. India demonetized, however, to curb corruption. The policy may well find success, in which case the government will rightfully deserve to be praised.

 

Both the public sector and the private enterprises must constructively engage with each other to promote key development schemes for the people’s benefit.

 
In a reasoned and realistic Budget, the Finance Minister missed a couple of tricks while reducing the income tax rate for the first slab and the corporate tax rate for small companies    
 

Budget balances imperatives of economic growth with requirements of equity in a time of global recession.

 


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Review
 
 
 
 
spotlight image During the visit to Vietnam by Modi in 2016, economic cooperation was highlighted as a strategic priority in the ‘Comprehensive Strategic Partnership” between the two countries
 
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Prime Minister Narendra Modi embarked on a four-nation tour of Europe Monday (May 29) where cooperation on counter-terrorism, civil nuclear technology, free trade, defence, science and technology and investment would dominate the bilateral summit agenda.
 
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Video Gallery

 
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To recall Jawaharlal Nehru is fundamentally to recall the egalitarian democracy he inaugurated in India, to remember the support he provided to the decolonisation of Asia and Africa through the 1950s and 1960s, recalls Syed Badrul Ahsan
 
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The killing of Sabzar Bhat, a Kashmiri militant, in an encounter with counter-insurgency operatives is bound to aggravate the tumult in the Valley.
 
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Recently, quite a few stories have appeared on the China-Pakistan Economic Corridor (CPEC) in both local and international publications.
 
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What a week it has been for the Middle East! People of Iran came out in droves to re-elect Rouhani as president for another term.
 
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As the United States (US) President Donald Trump returns home from his first foreign trip the world is presented with two contrasting images from this major foreign policy benchmark.
 
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  Title: The Exile; Author:  Cathy Scott-Clark & Adrian Levy; Publisher: Bloomsbury Publishing; Pages: 640; Price: Rs 699

 
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Jim Corbett was a British-Indian hunter and tracker-turned-conservationist, author and naturalist; who started off as an officer in the British army and attained the rank of a colonel. Frequently called in to kill man-eating tigers or leopards,...

 
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Title: Bollywood Boom; Author: Roopa Swaminathan; Publisher: Penguin; Price: Rs 399; Pages: 221

 
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Title: Defeat is an Orphan: How Pakistan Lost the Great South Asian War; Author: Myra Macdonald; Publisher: Penguin Random House India; Pages: 328; Price: Rs 599

 
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  The story of Afghanistan -- of the war against the Soviets and of terrorism that has gripped the landlocked country ever since -- is in many ways also the story of diplomat Masood Khalili, who motivated his people and led them...

 
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