GLOBAL COMPETITIVENESS INDEX GLOBAL COMPETITIVENESS INDEX – The latest edition of the Global Competitiveness Report ranks India at 68th position among 141 countries – that’s 10 ranks below its 2018 position in the same index. The annual Global Competitiveness Index …
Going down together: On IMF’s slowdown warning The world must heed the IMF warning that everyone loses in a trade war IMF’s slowdown warning– The International Monetary Fund has some words of advice for global leaders on how to resuscitate …
The worst may be over: On economic numbers The economy is showing positive signs though a turnaround is some distance away The latest set of economic numbers released this week sends across mixed signals about the health of the economy. …
Changes in Apprenticeship Rules notified; compensation increased APPRENTICESHIP RULES 2019 The government has notified changes in Apprenticeship Rules (1992) with an aim to increase skilled manpower in the country, and raise monetary compensation of apprentices. The Centre on Monday announced …
Tax cuts have enthused Corporate India, but there is the fiscal problem to deal with On corporate tax cuts- The government slashed basic corporate rate tax to 22% from 30% for domestic companies that don’t avail any exemption/incentive. Finance Minister …
Waiting for reforms: On the economic stimuli On the economic stimuli The stimulus incentives hold promise, but structural reforms are nowhere on the horizon On the economic stimuli: People who have been yearning for major economic reforms from the Narendra …
RBI’s Surplus Fund RBI’s Surplus Fund – The Reserve Bank of India has decided to transfer Rs. 1.76 lakh crore in dividend and surplus reserve to the government. This came after the RBI board accepted the recommendations of Bimal Jalan committee on transfer of …
Ocean Energy The New and Renewable Energy Ministry has clarified that energy produced forms of ocean energy will be considered as Renewable Energy. Recently, the Ministry of New and Renewable Energy has declared Ocean Energy as renewable energy. Includes all forms of ocean energy such as tidal, …
India’s Economic slowdown Far-reaching reforms may be inevitable to keep the economy from stalling India’s Economic slowdown has now left the economy on the verge of stalling. slowdown has now left the economy on the verge of stalling. The latest …
According to official data released by the government, Growth of eight core industries dropped to 2.1% in July. This is mainly due to a contraction in coal, crude oil, natural gas and refinery products. During April-July, the eight sectors grew …