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Economy News

Discussion in 'World Economy' started by Indian_Idol, Jun 2, 2010.

  1. Scotlander

    Scotlander Lieutenant FULL MEMBER

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  2. Scotlander

    Scotlander Lieutenant FULL MEMBER

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  3. Scotlander

    Scotlander Lieutenant FULL MEMBER

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  4. lca-fan

    lca-fan Major SENIOR MEMBER

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    After a dip, Indian economy bouncing back: NITI Aayog CEO Amitabh Kant
    NITI Aayog CEO Amitabh Kant was referring to core sector growth rebounding to a five-month high in August while manufacturing activity expanded for the second month running in September.
    BUSINESS Updated: Oct 04, 2017 20:42 IST
    Indo Asian News Service, New Delhi
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    NITI Aayog CEO Amitabh Kant.(HT Photo)

    Kant also stressed on the need for women to be brought into the growth process in a more inclusive way.

    “There is a larger issue of gender parity in India as here women contribute towards only 24% of the GDP. How do we make a conscious policy for greater gender parity and how do we push India’s GDP through women? That’s a big challenge,” Kant said.

    Mastercard CEO Banga suggested that while several initiatives had been taken by the central government to push growth, bringing “true labour reforms and true land reforms” would go a long way in transforming India in the coming five to seven years.
    http://www.hindustantimes.com/busin...mitabh-kant/story-Tv5BOJjmbj61ksM22vBLfO.html
     
  5. Paliwal Warrior

    Paliwal Warrior Lt. Colonel ELITE MEMBER

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    Bloody deshdrohi truckers

    Openly saying they have paid 80000 crores in bribes post gst

    Unbelivable don't they know

    There is cash shortage after demo and corruption has ceased to exist after modi became pm


    Truckers to Observe Countrywide ‘Chakka Jam’ Against GST on Oct 9 and 10
    According to truckers, only four states have agreed to remove Regional Transport Office (RTO) barriers after GST.
    Updated on: October 4, 2017, 6:02 PM IST
    Debayan Roy , News18.com

    [​IMG] [​IMG] [​IMG] [​IMG] [​IMG]
    [​IMG]
    New Delhi: Goods and Services Tax was sold as a regime which will eradicate queues on all state borders, making ‘one nation one tax’ a reality. But truckers from across the country have come together to protest against what they are calling a regime of red tapism and corruption.

    All India Transport Congress has announced a countrywide ‘Chakka Jam’ on October 9 and 10.

    According to truckers, only four states have agreed to remove Regional Transport Office (RTO) barriers after GST. “GST has been an utter failure wherein the governments — Centre and states — are confused about the tax regime and we have been bombarded with three different tax slabs.

    The states which somehow claim on paper to have complied with GST and removed RTO barriers have only done that on paper. RTOs are extorting more money from us in the garb of GST,” said a member of truckers’ AITC.

    Truckers claim they have had to bear a loss of Rs 80,000 crore as bribes to various RTOs across the country, which have not ceased to exist post GST.



    http://www.news18.com/amp/news/indi...-jam-against-gst-on-oct-9-and-10-1536301.html
     
  6. Paliwal Warrior

    Paliwal Warrior Lt. Colonel ELITE MEMBER

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    Should we send all anti national truckers to Pakistan ?
     
  7. Paliwal Warrior

    Paliwal Warrior Lt. Colonel ELITE MEMBER

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    I don't understand what do people mean by

    True labour reforms
    True land reforms
     
  8. lca-fan

    lca-fan Major SENIOR MEMBER

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    Sacking of Unions & Union leaders and going for Chinese style SWEAT Shops............:biggthumpup:

    A demonetization of Land. Link every sq ft of land to ADHAR all unlinked land to be taken over by GOI. Link it with ADHAR and you will have no place to hide your land parcel. All politicians, Baboons, Govt employees, IAS/IPS officers owning land will stand exposed.........:biggthumpup:
     
  9. lca-fan

    lca-fan Major SENIOR MEMBER

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    Indian services activity returns to growth in September: PMI

    Services sector activity in India expanded for the first time in three months in September as it rebounded from GST-related contractions, driven by a surge in new business orders that supported job creation, a monthly survey said today.

    The Nikkei India Services PMI Business Activity Index rose to 50.7 in September -- from 47.5 in August -- a reading that pointed to a slight pace of expansion.

    In PMI parlance, a print above 50 means expansion while a score below that denotes contraction.

    The combination of marketing campaigns by companies and strengthening demand conditions led to new business growth in September, the survey found out.

    The latest services PMI follows the manufacturing one announced on Tuesday which showed that industrial activity registered the second straight month of expansion in September.

    Accordingly, the Nikkei India Composite PMI Output Index, which maps both manufacturing and services sectors, rose to 51.1 in September, from 49 in August.

    "The Indian private sector regained some lost ground since the implementation of July's GST as service providers followed the manufacturing industry back to growth," said Aashna Dodhia, Economist at IHS Markit, and author of the report.

    The improving economic environment supported job creation, with services employment increasing at the fastest rate in almost six-and-a-half years.

    "The labour market was strengthened over the month as the pace of job creation quickened to the fastest since mid-2011, led by the transport and storage and consumer services sub- sectors," Dodhia said.

    On the inflation front, input cost accelerated in September while output charges rose at the weakest rate since June.

    The survey further noted that service providers remained optimistic towards growth prospects over the coming 12 months, but their confidence dropped to a three-month low at the end of the third quarter (July-September).

    Dodhia, however, noted that the composite PMI for the July-September quarter indicated the lowest average since October-December 2013 "as the private sector transitions from recent structural shocks".

    The Reserve Bank, in its policy review meet on October 4, kept benchmark interest rate unchanged on fears of rising inflation while lowering growth forecast to 6.7 per cent for the current fiscal.

    http://economictimes.indiatimes.com...k.com&utm_medium=Social&utm_campaign=ETFBMain
     
  10. NKVD

    NKVD Lieutenant FULL MEMBER

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  11. Paliwal Warrior

    Paliwal Warrior Lt. Colonel ELITE MEMBER

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    There are.no unions in Pvt sector

    So how does it affect the majority of exonomy?
     
  12. NKVD

    NKVD Lieutenant FULL MEMBER

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    Have You Seen hue Cry During Land reforms ?? in First year of BJP
     
  13. Paliwal Warrior

    Paliwal Warrior Lt. Colonel ELITE MEMBER

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    That is the point

    What do you call land reforms ?
     
  14. NKVD

    NKVD Lieutenant FULL MEMBER

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    Govt Private Acquirement of Land For Developing Infrastructure Projects

    Problems are NGO's Farmers etc And Socialist Mind set of our Media

    Dr Shashi Tharoor Summarized correctly that in india If you have to build road You have to go through Systems of Farmer Agitation ,Court cases , And NGO intimidation through PIL's

    Narmada Dam Eg
     
  15. Paliwal Warrior

    Paliwal Warrior Lt. Colonel ELITE MEMBER

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    How is that reforms ?

    If you make a law to forcibly acquire my land
    How is that reforms ?
     

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