Recyclable plastic, an item commonly sold by ragpickers, was taxed 5.5% before but is now in the 18% bracket.
More than a fifth of large companies did not earn enough to pay interest on their loans and the pace of new loans fell to the lowest in more than six decades.
The consumer price index rose 3.36% in August from a year earlier, compared with 2.36% in July.
A recent IMF paper finds that while tax cuts for the very wealthy may stimulate growth, they also have the polarising effect of increasing inequality.
While an e-procurement process was already in place, ministry officials feel that it hasn’t brought down expenses enough.
Congress vice president Rahul Gandhi accused Prime Minister Narendra Modi of causing “tremendous damage” to India’s economy.
A National Security Council Secretariat-appointed committee will pick up where the UN GGE left off and study how cyber norms for India’s digital development platforms can be formulated.
By restraining a foreign investor from pursuing a claim under a bilateral investment treaty (BIT), the Delhi high court is coming in way of India’s accountability being tested under international law.
Low budget, poor pay, delays in payment are being used as tools to lower the interest of people in the scheme, say activists.
Any flippant talk of rupee devaluation would only damage India’s reputation as a credible, mature emerging economy and make crucial imports more expensive.
From the ban on cattle trade for slaughter to the Pradhan Mantri Fasal Bima Yojana, the Centre’s changes to the agricultural sector aren’t going down well with Rajasthan farmers.
In the last year, the Centre has moved to swiftly clamp down on Chinese steel imports to help NPA-laden Indian firms. However, China’s own capacity cutbacks have rendered this move meaningless.
There a growing chasm between corporate India’s hiring strategy and the aspirations of India’s young workers
Latest news updates from the world of work.
Agriculture officials and experts are voicing strong criticism of the government’s farm policy and its performance.
To evaluate the role data plays, we need to understand if data in its modern avatar is more akin to being pey – a vampire-like evil spirit – or bhutham – a friendly ghost.
As more cows reach the non-productive age, the number of abandoned cows will swell and spill over to fields. Will ear tags and bovine sanctuaries end the farmers’ curse?
High social costs are associated with renewables as per the latest economic survey but the discrepancies in arriving at them raise questions of data credibility and intent.
Vinod Dua discusses three years of the Pradhan Mantri Jan Dhan Yojana (PMJDY) and how the opposition parties have failed to build a mass movement to keep the ruling party in check.
“The top 1% of earners captured less than 21% of total income in the late 1930s, before dropping to 6% in the early 1980s and rising to 22% today.”
An audit of tweets, handles and hashtags the government wants Twitter to block makes it clear that official censorship is being deployed not just against terrorism but legitimate political speech as well.
An overview of all defence scams and scandals can be traced to opacity and secrecy. Within the confines of confidentiality and secrecy, there is a need to inject transparency through disclosure and deterrence.
Vinod Dua discusses why fuel prices keep rising despite the fall in crude oil prices globally, and state of the Indian economy post demonetisation.
Kashmiri users and activists have received official legal complaints from Twitter, warning that their online content could be acted upon in the future as well.
The recent proliferation of weekly farmers’ markets in urban areas is quite useful for consumers but their benefits to farmers are limited at best and cannot replace the practice of selling at wholesale yards.
The process is “going on in full swing” with most RBI offices working in double shifts and with the help of high-end verification machines, the central bank said.
Demonetisation as a means of tackling the black economy was destined to fail. What’s worse is that its ripple effects are having severe adverse effects on India’s economy.
Year-to-year growth of tax payers in 2016-17 was 26% (with demonetisation), which is less than 27.6% during 2015-16 (without demonetisation).
The ‘Make in India’ campaign, launched under Nirmala Sitharaman’s watch, has so far failed to ignite any significant domestic production. While it is a complex process, her potential for success or failure will be in seeing this through.
The Cambodia Daily printed only a few thousand copies a day but had a reputation for breaking news about sensitive topics such as corruption, waste, environmental issues and land rights.
Ministers were shuttled in and out, supposedly on the basis of performance. But who will take responsibility for the structural slowing down of India’s economy, poor employment generation and agriculture distress?
Taxes currently constitute 45%-52% of the retail price of auto fuels, far higher than what would it be if petrol and diesel was brought under the Goods and Services Tax regime.
Exports from labour-intensive industries have either showed outright declines or reported anaemic growth. This is an ominous sign for job creation in India.
The interim relief of Rs 10,000 for the monsoon sowing season that was announced by Maharashtra chief minister Devendra Fadnavis after the farm strike in June has only added “salt to wounds”.
Obese banks are generally unhealthy for the economy. But the government is happily fattening banks thinking they are becoming “stronger” in the process.
The price of demonetisation’s “success” is now clear – slowing economic growth. What makes matters worse is that India has made very little headway in solving its twin balance sheet problem.
Latest news updates from the world of work.
Through their work, farmers in Odisha’s Nuapara district are showing the need for eco-friendly agriculture and self-reliance in rural farming communities.
Despite weather related and other difficulties, some Vidarbha farmers are hopeful for a better future thanks to the results of their small-scale initiatives.
A steady decrease in rainfall, the switch to water-intensive cash crops and ever-increasing borewells have lowered the water table in Nagarur village of Anantapur, leaving farmers struggling to keep their crops alive.