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The puzzle piece FM & RBI need to solve to reboot Indian economy

Economic growth has fallen to a six-year-low of 5% in the June quarter and is widely expected to slip further.

India Leadership Council

Nov 19, 2019, 07.41 AM IST

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DPIIT sets up development council for bicycle

The council has been setup for “vision planning in design, engineering and manufacturing of lighter, smarter, value added, safe and faster premium bicycles which are comparable with global standards for exports and domestic market”, according to the commerce and industry ministry.

Oman provides India strategic depth in West Asia and Eastern African region

Prime Minister Narinder Modi’s visit to the Sultanate of Oman in ...

Meghalaya-based insurgent group HNLC banned by government

In a notification, the MHA has said that since the Hynniewtrep National Liberation ...

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  • Bill Gates, co-chair, Bill & Melinda Gates Foundation, gave away this award to Mazumdar-Shaw in New Delhi on Nov 17 at an event to mark the celebration of 108th Foundation Day of ICMR. She was also recognised for her philanthropic efforts and providing better healthcare to people in India and globally through cost-effective life-saving therapies.

    Green industries are classic ‘impact investments’ — investments that offer both investment and social returns.

    Historically, FPIs have bought into large cap counters. But it is different this time and they are now concentrating on mid-caps. A concentrated large-cap rally during the past year and resultant high valuation are the reasons why FPIs are bypassing large-caps.

    Besides, government has envisaged setting up of Indian Institute of Skills with unique features that would make them different from the existing setup of ITIs, Polytechnics, and Advanced Training Institutes (ATIs). The union cabinet has approved the proposal of setting up of IISs at three locations in the country.

    Speaking at an event organised by the Press Council of India to observe National Press Day and confer National Awards for Excellence in Journalism, the union minister for information and broadcasting also touched upon the issue of "lynching" and how only "one kind of lynching" was being talked about.

    In the 72 years as an independent nation, the importance and sacredness of Parliament has never been in any doubt. No doubt the institution itself has contributed to this veneration. Yet, in a country where moorti puja is widespread, it would not be wrong to suggest that the sheer splendour of Parliament House has been an important factor.

    Restaurants are currently levied a 5% GST, but they can’t claim the input tax credit against the tax they paid on raw materials and other expenses like rent. GST rate on restaurants was slashed to 5% from 18% in November 2017. While levying of 18% allowed them to claim input tax credit, under the 5% rate, they can’t do that.

    Startups are prioritising gender diversity in leadership. Other newage companies including Jombay, Healthians, Bigbasket, Uber and Byju’s are stepping up their efforts to nurture future women leaders who can drive growth, product innovation and profitability.

    India's exports during April-September topped USD 4.32 billion, compared to USD 4.59 billion in the same period in the last financial year, down 5.9 per cent, according to Chairman of the Plastics Export Promotion Council, Ravish Kumath. India's plastics exports in 2018-19 were USD 10.89 billion, up 24 per cent from previous year's figure of USD 8. 85 billion.

    It’s best to leave the determination of Infosys governance issue to the investigation that’s already underway. However, one point is clear. It is in the interest of all stakeholders that a company appropriately verifies any whistle-blower complaint, prior to making a disclosure. A premature disclosure goes against the principles of good corporate governance.

    Patwary hoped that with the visit of the Malaysian delegation, potentialities for a closer relationship shall blossom fully in the future. He highlighted the strengths and opportunities of the State and called upon the Malaysian delegation to invest in sectors like tea, hydrocarbons, transportation, food processing, bamboo, agar and infrastructure and skill development.

    Three American lawmakers, Jim Banks, Chuck Fleischmann and Randy Weber, have asked the State Department to investigate possible terror financing links between two prominent American Muslim organisations and terrorist groups. Their letter said, "Specifically of concern are the innocuous sounding organisation, HHRD and their sister organisation, ICNA."

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