Page 2 - Ishan Bakshi

Interim Budget 2019: Will FM Arun Jaitely stick to convention?

Or will he, as is being widely speculated, announce a major scheme on the lines of Telangana's Rythu Bandu in his budget in order to sway the electorate?

10% quota for general category poor may benefit 51.5 million households

More than 40% of these are in West Bengal, Uttar Pradesh, and Maharashtra

NDA govt deviated from the fiscal road map in 2016-17, says CAG report

On the capital side, off-budget financing of railways carried out through IRFC borrowings are outside budgetary control

Industry slowed in note ban year; GVA grew by 7.2%, down from 9.3% in FY16

Even as GVA growth slowed down in FY17, the number of workers employed by factories rose by 4.7 per cent to 11.6 million in FY17, up from 1.11 crore in FY16

Explained: What is the origin of idea of Universal Basic Income in India?

One of the earliest proponents of shifting to a UBI architecture in India was economist Pranab Bardhan

Cartels set up 'briefcase' firms, defraud GST regime of thousands of crores

Fake companies are floated with the intention to fraudulently pass on input tax credit by issuing fake invoices without any supply of goods

Govt pegs FY19 GDP growth at 7.2%; estimate lower than RBI prediction

Nominal GDP though is expected to grow at a healthy 12.3 per cent in FY19, against the Union Budget's assumption of 11.5 per cent

Credit growth of private and non-PCA banks surges, says RBI report

The report also suggested gross non-performing assets (GNPAs) of the PSBs may have peaked in March 2018

CGST shortfall may force govt to cut spending to meet fiscal deficit target

Adjusting for tax devolution to states, the Centre is possibly staring at a shortfall of Rs 58,000 crore

Did proposal on tax treatment of savings lead to row in direct tax panel?

The government announced that it would exempt from tax all New Pension Scheme withdrawals

Why the govt and RBI are at odds over setting up a payments regulator

Creation of another regulator for payments has its own challenges, especially lack of expertise. Such a body can also become playground for senior bureaucrats looking for sinecures post retirement

NBFC liquidity faces litmus test as Rs 1 trillion matures in November

On November 5, debt totaling Rs 113.8 billion is set to mature, while on November 26, debt worth Rs 147 billion is coming up for redemption

80% of resolved IBC cases in liquidation at the end of Q2FY19: Report

Data up to the end of September 2018 shows that of the total 1,198 cases that have been admitted into insolvency proceedings so far, 816 are undergoing resolution

Statsguru: GDP growth to fall from 8.2% in Q1FY19 to 6.9% in Q4FY19

On the impact of rising crude oil prices, the RBI estimates that a 10 per cent increase in crude oil prices pushes the headline inflation rate up by 13 bps

Over half the 21 listed PSBs are unfit to absorb weaker state-owned banks

Many of the remaining 11 contenders are also in a precarious position; Indian Bank appears to be the only one to have the financial muscle to absorb some of the bleeders

States moving closer to monthly GST mop-up targets; here's who stands where

The target for each state is based on the revenues that should flow to the state so that it does not need to be compensated for any loss in revenues from GST through the compensation cess

Statsguru: India ranks 130 in HDI, fares poorly on girl education

India ranks 130 out of 189 countries in the latest human development rankings released by the UNDP

What explains the gender divide among teachers in India's higher education?

Of the teachers in India's higher education ecosystem, 58 per cent are male; Bihar has the most skewed gender balance

Capital spending by some of India Inc's larger firms up 33% to Rs 4.63 trn

Excluding RIL, capital spending by the remaining firms rose to Rs 3.8 trillion at the end of 2017-18

Statsguru: India's economy grew at a nine-quarter high of 8.2% in Q1FY19

Manufacturing grew at 13.5% in Q1FY19 aided by a low base effect