STATE OF THE ECONOMY
Centre wants better coordination with states, says Amit Shah
The issue of cooperative federalism is currently debated in certain quarters in the context of CAA. Earlier in the day, Madhya Pradesh chief minister Kamal Nath said several issues have led to confrontation between the Centre and states, though he avoided any specific mention.
People want to hear facts about economy, not abuse and rhetoric: Chidambaram to PM Modi
Claiming that the PM and his ministers seem to be cut...
States asked to set up PSFs to combat price volatility
The Centre has asked states to set up their own state-level price stabilisation funds ...
PM, FM have absolutely no idea what to do next on economy: Rahul Gandhi
Congress leader Rahul Gandhi on Wednesday attacked the government over the state of the economy, saying Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman have no idea what to do next. The former Congress president's attack on the government comes just days ahead of the budget.
Confrontation between Centre, states not good for country: Nath
The Congress veteran said several issues have led to confrontation between the Centre and states, though he avoided any specific mention. His remarks came against the backdrop of some states ruled by the Congress and other parties opposing implementation of the Citizenship Amendment Act (CAA).
Budget will reset the economy for next round of growth: A Balasubramanian
A Balasubramanian, CEO, Aditya Birla Sun Life AMC, says the Prime Minister talking to market participants a big clue for a Budget with stronger messaging:. India actually can come back quite quickly if we fix some of the issues that we feel that is the real reason for the economic slowdown.
Japan warns about risks to economy from China virus outbreak
"There are concerns over the impact to the global economy from the spread of infection in China, transportation disruptions, cancellation of group tours from China and an extention in the Lunar Holiday," Japanese Economy Minister Yasutoshi Nishimura told.
Jobs are back in formal economy
Cumulatively, 2,642,549 employees were added in November under the three social security schemes of the govt as per the payroll data released by the ministry of statistics and programme implementation. While 1,162,863 net additions were in EPFO, 1433,000 people were added under the Employees’ State Insurance Scheme and 46,686 were added under the National Pension Scheme.
Budget 2020: What FM Sitharaman can do to ease liquidity conditions
With the Union Budget 2020 just around the corner, ET's Vinay Pandey and Saubhik Chakrabarti discuss what measures are available with FM Nir...
Breach of linkages between market and economy will show in 2020 too
The economy-market ‘divide’ seen in CY2019 may repeat in CY2020.
Ideas for Budget: What market wants
Is D-St asking for the moon from Budget? We tried to understand the rationale behind the wish list.Ideas for Budget: What market wants
Can't ignore states, anti-CAA resolutions: Yashwant Sinha
"There is a constitutional crisis. You cannot ignore state governments. You have to take them into confidence," Sinha said when asked about resolutions passed by states against the Citizenship Amendment Act. He expressed apprehensions that the Centre "might impose the president's rule" if the legislation was not implemented.
NCLT extends Videocon's insolvency resolution process
"This is for the extension of the CIRP process as it ends on 4th of February. Public notices are being given for the submission of bids on 31st of Jan and we see a lot of it coming in, so we request the CIRP process be extended further," said the counsel representing Videocon Industries. Videocon Group had sought EoIs for its 13 group companies.
China flexes oil refining muscle, upping pain for Asian rivals
Asian benchmark refining margins for diesel, jet fuel are already languishing at more than 2-yr lows
Fed likely to keep interest rates on hold, focus on balance sheet
US President Donald Trump on Tuesday also repeated his call for even lower rates.
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