Growth may come down to a four-year low in 2017-18: CSO

India’s GDP growth performance in the last two quarters should reach a seemingly high 7% in the current fiscal to reach a downwardly revised...

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G2o unites against Trump’s Paris retreat

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The Hamburg meeting of the G20 has isolated the US President’s anti-climate stand on the Paris Accord. Leaders of the 20 developed and large...

GST’s customization: India’s own version may test businesses adaptability

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The GST is considered to be the ultimate tax reform in indirect taxes globally. Several countries have adopted it and those who have unitary...

India enters the GST era

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The Goods and Services Tax (GST)’s life starts on July first as the centre and states decided to merge more than a dozen of...

GDP growth rate falls steep during Q4; as India settles at 7.1% for 2016-17

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India’s GDP statistics for the last year shows steep fall in the fourth quarter from January to March 2017. Growth registered an unprecedented slow...

Government works hard on Strategic Partnership Model in Defence Manufacturing

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The government is imparting more energy into the Strategic Partnership (SP) model in defence manufacturing. Around six domestic firms – mostly private will be...

NITI Ayog comes out with a three-year agenda, replicating Planning Commission

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Country’s macroeconomic policy think tank- the NITI Ayog has finally come out with a daft policy proposal in the form a three-year action agenda...

Centre proposes private players in wholesale market under AMPC amendment

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The Agricultural Ministry came out with an amended Model APMC Act that brings significant changes in the existing rule proposed in 2003. Fresh changes...

Financially sound state entities can access direct foreign assistance

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The Union Cabinet allowed financially sound state entities to borrow funds from Official Development Assistance (ODA) for financing infrastructure projects.  Explaining the decision of...

India slips in HDI Rank but improves score in the HDR 2016

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India slipped one position to be placed at 131 rank in the just published Human Development Report 2016. Out of the 188 countries ranked,...

Government to make new base year for WPI and IIP

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The Wholesale Price Index (WPI) and Index of Industrial Production (IIP) are to get new base year from April this year. Central Statistical Office...