• IPC 2017

Economy

By Rishi Kohli
In Economy
Sep 12th, 2016
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809 Views
The Goods and Services Tax (GST) Amendment Bill, which was passed by the Rajya Sabha on August 3, is  by far the most potent tax reform in India which will see the light of day, almost 25 years after the process of economic liberalization initiated in 1991. It seeks to impose one uniform tax on goods and services bought and is destination based, i.e. it will be imposed...
By Ritika Bisht
In Economy
May 4th, 2016
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609 Views
With the view of boost hydropower development in the country power ministry is preparing a new framework which would include lowering the cost and removal of long-drawn clearances. “We are preparing a framework for hydropower development in the country, very soon we will take it up to the highest level in the government, so the focus is going to be back on hydro,...
By Ritika Bisht
In Economy
Apr 14th, 2016
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434 Views
A recent report by World Bank has revealed that India retained its top spot as the world’s largest recipient of remittances from abroad in 2015. The annual report titled ‘Migration and Development Brief’ stated India retained its top spot in 2015, attracting about USD 69 billion in remittances, down from USD 70 billion in 2014. India was followed by China, with USD 64 ...
By Ritika Bisht
In Defence
Apr 11th, 2016
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438 Views
The US has stated that Prime Minister Narendra Modi’s manufacturing project Make-in-India will get reflected in the defence activities between the two nations. “Make-in-India is on Prime Minister Modi’s priority list and (Indian Defence Minister) (Manohar) Parrikar is reflecting it in our defence activities by stressing on co- production, co-development and technology ...
By Ritika Bisht
In Economy
Apr 8th, 2016
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393 Views
Speaking on the issue of high oil prices, Finance Minister Arun Jaitley has said that exceedingly high oil prices can create problems for the country. The minister clarified, “Certainly, the oil prices at the current level, even a little higher, create helpful environment as far as India is concerned. If they are exceedingly high, then it creates problem for us. I am c...
By Ritika Bisht
In Economy
Apr 8th, 2016
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443 Views
The recent data revealed by BSE index showed unemployment rate in urban areas at 9.62 percent, whereas it stands at 7.15 percent in rural areas (as of April 6). The overall figure for the country is 7.97 per cent, the index prepared by the top as identified by BSE in collaboration with business information firm CMIE (Centre for Monitoring Indian Economy). The index is ...
By Ritika Bisht
In Economy
Mar 15th, 2016
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487 Views
Minister for Women and Child Development Maneka Gandhi has stated that India is updating the National Policy for Women to establish a solid foundation for accelerating its commitment to women’s empowerment. “Ensuring gender equality, promoting women’s empowerment and combating discrimination and violence against women are integral to our national purs...
By Ritika Bisht
In Economy
Mar 8th, 2016
0 Comments
444 Views
Decline in oil prices accompanied with weaker expansion in Chinese economy may have have prompted a reappraisal of global economic growth prospects, but it is not a sign of global recession, stated Moody’s Investors Service. Moody’s Senior Vice-President Elena Duggar said, “Risks to global growth have increased, but despite the recent market volatility, we don’t believ...
By GovernanceToday
In Economy
Mar 7th, 2016
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437 Views
The present generation of  global Indians seek global infrastructure and global work ethics to come back So the dragon is getting better of the lion in attracting its caretakers back to their own land. Love for the country? Hardly. It’s been quite some time since Indian economy is being questioned as to why it has not been able to attract the Indian diaspora while the ...
By Ritika Bisht
In Economy
Feb 29th, 2016
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560 Views
Finance Minister Arun Jaitley presented the Union Budget 2016-17 that included some deductions and multiple new cesses. This year’s budget increased the tax deduction limit to Rs 60,000 per annum from the current Rs 24,000 on the housing rent. The Finance Minister also announced an additional tax relief of Rs 50,000 per annum on a loan of Rs 35 lakh in 2016-17 for the ...