ECONOMY

Tag Archives: india

Opaque System, Obscure Farmers
New Institutional and Financial Arrangements required to bring the Farmers out of the present morass
28.02.17 - suresh kumar*

DESPITE their substantial contribution to the national GDP, India’s farmers, even in agriculturally advanced states, are hostage to government policies and programmes, as well to the machinations of informal players, moneylenders, aarhtias and even dealers selling fertilizers and agro-chemicals. Undoubtedly, the government is spending a ...
  


GDP Growth To Fall To 3-Year Low Of 7.1%, says govt; demonetisation impact yet to be factored in
06.01.17 - TEAM PT

Country’s GDP growth is estimated to slow down to 7.1 per cent in current fiscal, from 7.6 per cent in 2015-16, mainly due to slump in manufacturing, mining and construction sectors, the government data showed today without factoring in ‘volatile’ post-demonetisation figures.
 
The Central Statistics Office ...
  


RCom Launches Unlimited Voice Calling Plan at Rs. 149, With 300MB of Mobile Data
22.11.16 - TEAM PT

Reliance Communications on Tuesday launched a new plan at Rs 149 offering unlimited voice calls and 300 MB of data in an attempt to get more subscribers.

Called Rs 149 Unlimited, the new plan offers customers unlimited outgoing talk-time to any phone across any telecom network ...
  


Uber-like app for Hiring tractor launched in India
19.10.16 - TEAM PT

An Uber-like smartphone app has been launched in India, aimed at making it easier for farmers to hire tractors.
Many small-scale farmers are unable to buy their own and often have to rent them at high rates.

Now, vehicle-maker Mahindra and Mahindra has launched an app called ...
  


India's largest airwave auction that will offer very high data speed starts; Jio, Vodafone, Airtel and Idea in fray
01.10.16 - TEAM PT

The Department of Telecommunications (DoT) has commenced the country’s biggest ever spectrum auction wherein airwaves worth Rs 5.66 lakh crore are put up for sale.

The auction kicked off at around 10 am and will continue till 7 pm.

Seven mobile operators, including Reliance Jio, Bharti Airtel, ...
  


India asks UK to deport Vijay Mallya
28.04.16 -

India said on Thursday it had asked Britain to deport Vijay Mallya, the liquor tycoon who flew to London last month as bankers pressed him to repay about $1.4 billion owed by his defunct Kingfisher Airlines.
 
According to a report by Reuters the Ministry of External ...
  


Tobacco Companies Shut Factories; Opposing Cigarette Larger Pictorial Warnings
01.04.16 -

Major cigarette manufacturers including ITC, Godfrey Philips and VST have decided to shut all their factories and stop manufacturing with effect from today in the wake of larger pictorial warnings covering 85 per cent of the packaging space coming into force. 

The companies, which are members ...
  


SC allows SEBI to sell Sahara properties worth Rs 40,000 cr
29.03.16 -

The Supreme Court on Tuesday asked the Securities and Exchange Board of India (Sebi) to initiate the process of selling 87 "unencumbered" properties of Sahara group, whose title deeds are with the market regulator, to generate the bail money for release of its chief Subrata ...
  


Indians stowed nearly Rs 12.5 lakh crore in black money overseas?
21.03.16 - pt team

A new black money estimate calculated by senior economists of the Bank of Italy has pegged Indian's undeclared assets parked overseas in tax havens to be between $4 billion (nearly Rs 27,000 crore) and $181 billion (nearly Rs 12.05 lakh crore) according to two different ...
  


Silicon Valley's hopes on India
20.03.16 - Shashank Bengali*

In a crowded convention hall, young entrepreneurs practically shouted their ideas: an online marketplace for yoga instructors, an app to share songs in 30-second snippets, a mobile lunch delivery service aimed at office workers.

For any veteran of the go-go era in Silicon Valley, the buzz ...
  


Indian Economy Was saved By 'The Black Money' : Kaushik Basu
04.03.16 - JUSTIN ROWLATT

There is no question that India has the most positive economic story on the planet.
 
Buoyed by increased manufacturing output, India's economy grew by 7.4% in the third quarter of 2015, the fastest growth of any major country in the world.
 
But there is a dark side ...
  



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