10 - 16 October, 2020

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Weekly Updates on the Indian Economy

(10/10/2020 to 16/10/2020)

  1. National Accounts and State of the Economy

           

  1. Chhattisgarh and Tamil Nadu top Projecx new investment table in Q2FY21

https://www.business-standard.com/article/economy-policy/chhattisgarh-and-tamil-nadu-top-projecx-new-investment-table-in-q2fy21-120101000259_1.html

 

  1. Next big shift in global economic policy takes shape under Covid-19 shadow

https://www.business-standard.com/article/economy-policy/next-big-shift-in-global-economic-policy-takes-shape-under-covid-19-shadow-120101200117_1.html

 

  1. Will the Modi govt's 'second push' get it right on the economy?

https://www.business-standard.com/article/opinion/will-the-modi-govt-s-second-push-get-it-right-on-the-economy-120100901155_1.html

 

  1. Covid-19 impact: India's GDP may contract 10.3% in FY21, says IMF

https://www.business-standard.com/article/economy-policy/imf-scales-up-india-s-gdp-contraction-to-10-3-from-4-5-for-fy21-120101301086_1.html

 

  1. IMF sees less severe global contraction but trouble in emerging markets

https://www.business-standard.com/article/economy-policy/imf-sees-less-severe-global-contraction-but-trouble-in-emerging-markets-120101301584_1.html

 

  1. India set to slip below Bangladesh in 2020 per capita GDP, says IMF

https://www.business-standard.com/article/economy-policy/india-set-to-slip-below-bangladesh-in-2020-per-capita-gdp-says-imf-120101400025_1.html

 

  1. As economy slows down, India would need to create 8 mn jobs every year

https:/

www.business-standard.com/article/opinion/how-many-jobs-120101201002_1.html

 

  1. Indian economy will recover from crisis with right policies: IMF official

https://www.business-standard.com/article/economy-policy/indian-economy-will-recover-from-crisis-with-right-policies-imf-official-120101400528_1.html

 

  1. Why Bihar's economic growth is picking up despite absence of big industries

https://www.business-standard.com/article/economy-policy/why-bihar-s-economic-growth-is-picking-up-despite-absence-of-big-industries-120101401017_1.html

 

  1. India's GDP 11 times more than Bangladesh in purchasing power terms: Report

https://www.business-standard.com/article/economy-policy/india-s-gdp-11-times-more-than-bangladesh-in-purchasing-power-terms-report-120101401383_1.html

 

  1. New inflation index to impact DA, 30 mn govt staff to get more pay

https://www.business-standard.com/article/economy-policy/new-inflation-index-to-impact-da-30-mn-govt-staff-to-get-more-pay-120101501054_1.html

 

  1. Remittances growth turning muted; reasons structural, not transient: Report

https://www.business-standard.com/article/economy-policy/remittances-growth-turning-muted-reasons-structural-not-transient-report-120101501155_1.html

 

  1. India witnessing V-shaped recovery, govt steps to spur economic growth: FM

https://www.business-standard.com/article/economy-policy/india-witnessing-v-shaped-recovery-govt-steps-to-spur-economic-growth-fm-120101501678_1.html

 

  1. Focusing on protecting people, healthcare top priority for India: IMF

https://www.business-standard.com/article/economy-policy/focusing-on-protecting-people-healthcare-top-priority-for-india-imf-120101600083_1.html

 

  1. Credit Suisse sees upward revision in GDP growth estimates

https://www.thehindubusinessline.com/economy/credit-suisse-sees-upward-revision-in-gdp-growth-estimates/article32819823.ece

 

  1. Likely to see three-speed recovery, says RBI Governor Shaktikanta Das

https://www.thehindubusinessline.com/economy/likely-to-see-three-speed-recovery-says-rbi-governor-shaktikanta-das/article32810843.ece

 

  1. Extended Covid-19 pandemic can usher slowest energy demand growth since 1930s: IEA

https://www.thehindubusinessline.com/economy/extended-covid-19-pandemic-can-usher-slowest-energy-demand-growth-since-1930s-iea/article32842718.ece

 

  1. ‘Difficult to assume one nominal growth number’

https://www.thehindubusinessline.com/economy/difficult-to-assume-one-nominal-growth-number/article32828584.ece

 

  1. Will growth rebound in India in FY22?

https://www.thehindubusinessline.com/economy/will-growth-rebound-in-india-in-fy22/article32856093.ece

 

  1. Base year for calculating CPI-IW to be changed to 2016 from 2001

https://www.thehindubusinessline.com/economy/base-year-for-calculating-cpi-iw-to-be-changed-to-2016-from-2001/article32861328.ece

 

  1. Nobel Prize in economics awarded to Paul R Milgrom and Robert B Wilson

https://scroll.in/latest/975599/nobel-prize-in-economics-awarded-to-paul-r-milgrom-and-robert-b-wilson

 

  1. RBI: Consumer confidence at all-time low in Sept, set to improve in next 12 months

https://indianexpress.com/article/business/economy/rbi-consumer-confidence-at-all-time-low-in-sept-set-to-improve-in-next-12-months-6720099/

 

  1. ‘Solid achievement’ of BJP’s ‘hate-filled cultural nationalism’: Rahul Gandhi on IMF projections

https://indianexpress.com/article/business/economy/solid-achievement-of-bjps-hate-filled-cultural-nationalism-rahul-on-imf-projections-6724446/

 

  1. World experiencing one of the deepest recessions since Great Depression due to COVID-19: World Bank

https://indianexpress.com/article/business/economy/world-experiencing-one-of-the-deepest-recessions-since-great-depression-due-to-covid-19-world-bank-6734472/

 

  1. Recalibrate response to give direct relief and spending support: IMF to India

https://www.thehindu.com/business/Economy/recalibrate-response-to-give-direct-relief-and-spending-support-imf-to-india/article32846787.ece

 

  1. Allow trading in bonds from stressed businesses: CEA Krishnamurthy Subramanian

https://www.thehindu.com/business/Economy/allow-trading-in-bonds-from-stressed-businesses/article32856791.ece

 

  1. IMF Says Bangladesh Is Set to Overtake India in Per Capita GDP. Here's Why

https://thewire.in/macro/bangladesh-india-2020-per-capita-gdp-imf-weo

 

  1. Unfair to Change Stand After Leaving Govt: NITI Aayog's Rajiv Kumar Criticises Arvind Subramanian

https://thewire.in/economy/rajiv-kumar-arvind-subramanian-criticism

 

  1. A pragmatic fiscal stimulus package that nudges households to spend

https://www.livemint.com/opinion/columns/a-pragmatic-fiscal-stimulus-package-that-nudges-households-to-spend-11602559368063.html

 

  1. The ‘impossible trinity’ choices India will need to make

https://www.livemint.com/opinion/columns/the-impossible-trinity-choices-india-will-need-to-make-11602687334171.html

 

  1. Public Finance

 

  1. Capex measures to deliver the goods rather than the consumption booster

https://www.business-standard.com/article/economy-policy/capex-measures-to-deliver-the-goods-rather-than-the-consumption-booster-120101200562_1.html

 

  1. No change in govt's borrowing programme for current fiscal: DEA Secy

https://www.business-standard.com/article/pti-stories/no-change-in-govt-s-borrowing-programme-for-current-fiscal-dea-secy-120101200838_1.html

 

  1. Fiscally restrained govt tries new formula to boost festive consumer spend

https://www.business-standard.com/article/economy-policy/fiscally-restrained-govt-tries-new-formula-to-boost-festive-consumer-spend-120101201106_1.html

 

  1. Govt's fresh stimulus to boost demand will push economic activity: Niti VC

https://www.business-standard.com/article/economy-policy/govt-s-fresh-stimulus-to-boost-demand-will-push-economic-activity-niti-vc-120101201337_1.html

 

  1. Higher capital expenditure could help states deal with projects: Experts

https://www.business-standard.com/article/economy-policy/higher-capital-expenditure-could-help-states-deal-with-projects-experts-120101300004_1.html

 

  1. Cong slams FM over stimulus package, says Atmanirbhar Bharat a failure

https://www.business-standard.com/article/economy-policy/cong-slams-fm-over-stimulus-package-says-atmanirbhar-bharat-a-failure-120101300134_1.html

 

  1. Stimulus 2.0 to push fiscal deficit to 9.5 per cent of GDP: SBI report

https://www.business-standard.com/article/economy-policy/consumer-spending-booster-set-to-push-fiscal-deficit-to-9-8-of-gdp-report-120101300464_1.html

 

  1. Small fiscal stimulus in the second package amid festival seasons

https://www.business-standard.com/article/economy-policy/small-fiscal-stimulus-in-the-second-package-amid-festival-seasons-120101300701_1.html

 

  1. Govt's latest demand stimulus not enough, impact to be limited: Experts

https://www.business-standard.com/article/economy-policy/govt-s-latest-demand-stimulus-not-enough-impact-to-be-limited-experts-120101300680_1.html

 

  1. More fiscal boosters needed to help revive battered economy: Analysts

https://www.business-standard.com/article/economy-policy/more-fiscal-boosters-needed-to-help-revive-battered-economy-analysts-120101301203_1.html

 

  1. IMF's debt recast programme should help nations overcome fiscal stress: FM

https://www.business-standard.com/article/economy-policy/imf-s-debt-recast-programme-should-help-nations-overcome-fiscal-stress-fm-120101401633_1.html

 

  1. Second round of stimulus to provide limited support to growth: Moody's

https://www.business-standard.com/article/economy-policy/second-round-of-stimulus-to-provide-limited-support-to-growth-moody-s-120101500767_1.html

 

  1. 50-year loan likely to strengthen Centre's grip over states' debt

https://www.business-standard.com/article/economy-policy/50-year-loan-likely-to-strengthen-centre-s-grip-over-states-debt-120101600066_1.html

 

  1. As Modi govt revises borrowing plan, yields on 5-year bonds move upwards

https://www.business-standard.com/article/economy-policy/as-modi-govt-revises-borrowing-plan-yields-on-5-year-bonds-move-upwards-120101600284_1.html

 

  1. This is not the time for fiscal rectitude, says NK Singh

https://www.thehindubusinessline.com/economy/this-is-not-the-time-for-fiscal-rectitude-says-nk-singh/article32828293.ece

 

  1. Shift in economics: Covid brings fiscal policy back to the forefront

https://www.thehindubusinessline.com/economy/macro-economy/shift-in-economics-covid-brings-fiscal-policy-back-to-the-forefront/article32831129.ece

 

  1. Government expects ₹1-lakh crore of additional demand to be generated through new stimulus

https://www.thehindubusinessline.com/economy/government-to-give-cash-vouchers-to-staff-in-lieu-of-ltc-fm/article32833079.ece

 

  1. Govt moves to push demand with ₹73,000-cr stimulus targeting Central employees, States

https://www.thehindubusinessline.com/economy/fm-announces-10000-interest-free-festival-advance-to-employees/article32833122.ece

 

  1. Borrowing for GST Compensation Cess to be of 3-year, 5-year tenors

https://www.thehindubusinessline.com/economy/borrowing-for-gst-compensation-cess-to-be-of-3-year-5-year-tenors/article32865382.ece

 

  1. Further borrowing to bridge shortfall may worsen states’ liabilities-GSDP ratio

https://indianexpress.com/article/business/economy/further-borrowing-to-bridge-shortfall-may-worsen-states-liabilities-gsdp-ratio-6723917/

 

  1. Centre to give ₹12,000 crore interest-free 50-year loan to States for capital projects

https://www.thehindu.com/business/Economy/centre-to-give-12000-crore-interest-free-50-year-loan-to-states-for-capital-projects/article32834334.ece

 

  1. ‘Centre may provide further stimulus’

https://www.thehindu.com/business/centre-may-provide-further-stimulus/article32847325.ece

 

  1. ‘Public debt ratio to rise to 90% of GDP on Covid’

https://www.thehindu.com/business/Economy/public-debt-ratio-to-rise-to-90-of-gdp-on-covid/article32857766.ece

 

  1. A new, big shift is taking place in Economics under the shadow of Covid

https://theprint.in/economy/a-new-big-shift-is-taking-place-in-economics-under-the-shadow-of-covid/521837/

 

  1. Indians seen curbing spending as they expect inflation to stay high over next year

https://theprint.in/economy/indians-seen-curbing-spending-as-they-expect-inflation-to-stay-high-over-next-year/521914/

 

  1. Oxfam says IMF loans during Covid force spending cuts that will worsen poverty

https://theprint.in/economy/oxfam-says-imf-loans-during-covid-force-spending-cuts-that-will-worsen-poverty/522118/

 

  1. Govt steps to boost consumer spending to have ‘minimal fiscal impact’, say economists

https://theprint.in/economy/govt-steps-to-boost-consumer-spending-to-have-minimal-fiscal-impact-say-economists/522224/

 

  1. Govt open to announcing more measures to boost demand, finance ministry says

https://theprint.in/economy/govt-open-to-announcing-more-measures-to-boost-demand-finance-ministry-says/523004/

 

  1. COVID-19: Are States Justified in Borrowing from Unspent Special Purpose Funds?

https://thewire.in/economy/covid-19-are-states-justified-in-tapping-into-unspent-special-purpose-funds

 

  1. India’s local governments must do far better in raising revenues

https://www.livemint.com/opinion/columns/india-s-local-governments-must-do-far-better-in-raising-revenues-11602428012730.html

 

  1. Stimulus 2.0: A lesson in fiscal conservatism

https://www.livemint.com/opinion/online-views/stimulus-2-0-a-lesson-in-fiscal-conservatism-11602514009857.html

 

Taxation

  1. Firms likely to move court against arrest provisions under GST laws

https://www.business-standard.com/article/economy-policy/firms-likely-to-move-court-against-arrest-provisions-under-gst-laws-120101200025_1.html

 

  1. Delhi man held by DGGI in Rs 190 crore fake input tax credit case

https://www.business-standard.com/article/economy-policy/delhi-man-held-by-dggi-in-rs-190-crore-fake-input-tax-credit-case-120101000346_1.html

 

  1. No consensus on borrowing for shortfall in GST compensation cess, says FM

https://www.business-standard.com/article/economy-policy/fm-nirmala-sitharaman-live-updates-on-economy-amid-covid-pandemic-gst-meet-diwali-bonanza-120101200390_1.html

 

  1. GST Council meet on compensation mechanism inconclusive for second time

https://www.business-standard.com/article/economy-policy/gst-council-meet-on-compensation-mechanism-inconclusive-for-second-time-120101201534_1.html

 

  1. With complications whittled down, the GST system has come of age

https://www.business-standard.com/article/opinion/with-complications-whittled-down-the-gst-system-has-come-of-age-120101200121_1.html

 

  1. Equalisation levy posts 35% growth; overall tax collection remains muted

https://www.business-standard.com/article/economy-policy/equalisation-levy-posts-35-growth-overall-tax-collection-remains-muted-120101000017_1.html

 

  1. Thomas Isaac: A federal socialist who puts his money where his mouth is

https://www.business-standard.com/article/specials/thomas-isaac-a-federal-socialist-who-puts-his-money-where-his-mouth-is-120101200020_1.html

 

  1. Movement of goods worth over Rs 50K not allowed if GSTR3B forms pending

https://www.business-standard.com/article/economy-policy/movement-of-goods-worth-over-rs-50k-not-allowed-if-gstr3b-forms-pending-120101501585_1.html

 

  1. GST shortfall: Govt allows 20 states to borrow Rs 69,000 crore more

https://www.business-standard.com/article/economy-policy/gst-shortfall-govt-allows-20-states-to-borrow-rs-69-000-crore-more-120101400057_1.html

 

  1. GST shortfall: Govt issues fresh borrowing calendar with extra Rs 1.1 trn

https://www.business-standard.com/article/economy-policy/gst-shortfall-govt-issues-fresh-borrowing-calendar-with-extra-rs-1-1-trn-120101501742_1.html

 

  1. Govt may consider allowing GST deposit on cash basis: Report

https://www.thehindubusinessline.com/economy/policy/govt-may-consider-allowing-gst-deposit-on-cash-basis-report/article32826215.ece

 

  1. GST Council can vote on borrowing options: Amit Mitra on compensation

https://indianexpress.com/article/business/economy/gst-council-can-vote-on-borrowing-options-amit-mitra-on-compensation-6718921/

 

  1. New idea to break deadlock: Borrowing policy need not be uniform for all states

https://indianexpress.com/article/business/economy/new-idea-to-break-deadlock-borrowing-policy-need-not-be-uniform-for-all-states-6720067/

 

  1. Not keen on voting at GST Council meet, opposition states to push for dispute resolution mechanism

https://indianexpress.com/article/business/economy/not-keen-on-voting-at-gst-council-meet-opposition-states-to-push-for-dispute-resolution-mechanism-6721395/

 

  1. Tamil Nadu gets nod to borrow extra; total 21 states pick option 1

https://indianexpress.com/article/business/economy/tamil-nadu-gets-nod-to-borrow-extra-total-21-states-pick-option-1-6726664/

 

  1. GST e-invoicing from April for all B2B deals

https://www.thehindu.com/business/Economy/gst-e-invoicing-from-april-for-all-b2b-deals/article32816330.ece

 

  1. GST compensation: States mulling legal remedy

https://www.thehindu.com/news/national/kerala/gst-compensation-states-mulling-legal-remedy/article32838812.ece

 

  1. GST compensation: State may move SC

https://www.thehindu.com/news/national/kerala/gst-compensation-state-may-move-sc/article32857011.ece

 

  1. Kerala on a sticky wicket over GST compensation

https://www.thehindu.com/news/national/kerala/kerala-on-a-sticky-wicket-over-gst-compensation/article32863585.ece

 

  1. ‘Why is your CM mortgaging your future for Modi’: Rahul Gandhi asks 21 states on GST compensations

https://scroll.in/latest/975645/why-is-your-cm-mortgaging-your-future-for-modi-rahul-gandhi-asks-21-states-on-gst-compensations

 

  1. Banking and Monetary policy

 

  1. Digital payments rise at 55% CAGR vy volume in five years to FY20: RBI data

https://www.business-standard.com/article/economy-policy/digital-payments-rise-at-55-cagr-vy-volume-in-five-years-to-fy20-rbi-data-120101100400_1.html

 

  1. RBI move to conduct OMO on state development loans could be a game changer

https://www.business-standard.com/article/economy-policy/rbi-move-to-conduct-omo-on-state-development-loans-could-be-a-game-changer-120101100457_1.html

 

  1. Borrowers need fair rates, not just waiver

https://www.business-standard.com/article/opinion/borrowers-need-fair-rates-not-just-waiver-120101100815_1.html

 

  1. Monetary policy review: RBI expects 'modest' recovery in Jan-March

https://www.business-standard.com/article/finance/monetary-policy-review-rbi-expects-modest-recovery-in-jan-march-120101000030_1.html

 

  1. RBI policy review: Pause on rate, fast-forward on liquidity to back growth

https://www.business-standard.com/article/economy-policy/rbi-policy-review-pause-on-rate-fast-forward-on-liquidity-to-back-growth-120101000073_1.html

 

  1. Three cheers for RBI's October policy

https://www.business-standard.com/article/opinion/three-cheers-for-rbi-s-october-policy-120100901378_1.html

 

  1. RBI monetary policy: How to ease without cutting rates

https://www.business-standard.com/article/opinion/how-to-ease-without-cutting-rates-120100901234_1.html

 

  1. Securitisation sees 80% drop in H1FY21 due to Covid-19, moratorium: Crisil

https://www.business-standard.com/article/economy-policy/securitisation-sees-80-drop-in-h1fy21-due-to-covid-19-moratorium-crisil-120101300782_1.html

 

  1. Yield on 10-yr state govt bonds eases by 26 bps after RBI's intervention

https://www.business-standard.com/article/economy-policy/yield-on-10-yr-state-govt-loans-eases-by-26-bps-after-rbi-s-intervention-120101301333_1.html

 

  1. Covid-driven loan recast to take GNPAs to 11.5% by March: CARE report

https://www.business-standard.com/article/economy-policy/covid-driven-loan-recast-to-take-gnpas-to-11-5-by-march-care-report-120101400005_1.html

 

  1. RBI’s ₹1-lakh crore long-term repo operation will push credit growth, say analysts

https://www.thehindubusinessline.com/money-and-banking/rbis-1-lakh-crore-long-term-repo-operation-will-push-credit-growth-say-analysts/article32840480.ece

 

  1. Loan moratorium scheme: SC sets November 2 deadline for Centre to implement interest waiver

https://scroll.in/latest/975665/loan-moratorium-scheme-sc-sets-november-2-deadline-for-centre-to-implement-interest-waiver

 

  1. ‘Courts should not interfere in fiscal policy’, Centre tells SC on loan moratorium case

https://scroll.in/latest/975433/courts-should-not-interfere-in-fiscal-policy-centre-tells-sc-on-loan-moratorium-case

 

  1. Relief on loans up to ₹2 crore addresses borrowers’ distress, RBI tells Supreme Court

https://www.thehindu.com/news/national/relief-on-loans-up-to-2-crore-addresses-borrowers-distress-rbi-tells-supreme-court/article32819273.ece

 

  1. Only standard loan accounts as of March 1 can be recast under pandemic scheme: RBI

https://www.thehindu.com/business/Economy/only-standard-loan-accounts-as-of-march-1-can-be-recast-under-pandemic-scheme-rbi/article32851858.ece

 

  1. Kerala Bank campaign on farm loans

https://www.thehindu.com/news/national/kerala/kerala-bank-campaign-on-farm-loans/article32829050.ece

 

  1. From Tolstoy to cricketing analogy – how RBI governor is trying to demystify central banking

https://theprint.in/economy/from-tolstoy-to-cricketing-analogy-how-rbi-governor-is-trying-to-demystify-central-banking/520732/

 

  1. India’s public sector banks are terrible at recovering money from loan defaulters

https://scroll.in/article/975775/indias-public-sector-banks-are-terrible-at-recovering-money-from-loan-defaulters

 

  1. How Covid-19 has increased the pressure on banks to combat cyber frauds?

https://www.livemint.com/industry/banking/how-covid-19-has-increased-the-pressure-on-banks-to-combat-cyber-frauds-11602642338591.html

 

  1. Gross NPAs of banks may jump to 11.5% by end of FY21: Care Rating

https://www.livemint.com/industry/banking/gross-npas-of-banks-may-jump-to-11-5-by-end-of-fy21-care-rating-11602667501256.html

 

  1. A good debut by India’s new monetary policy committee

https://www.livemint.com/opinion/columns/a-good-debut-by-india-s-new-monetary-policy-committee-11602513270228.html

 

  1. RBI steps into the ring, underwrites economic revival

https://www.livemint.com/opinion/columns/rbi-steps-into-the-ring-underwrites-economic-revival-11602468634983.html

 

  1. Opinion | RBI shifts focus on bond market to transmit policy signals

https://www.livemint.com/opinion/online-views/opinion-rbi-shifts-focus-on-bond-market-to-transmit-policy-signals-11602301848250.html

 

  1. Increase in currency circulation – India's curious case

https://www.livemint.com/opinion/online-views/increase-in-currency-circulation-india-s-curious-case-11602397533588.html

 

  1. Academic studies have endorsed the benefits of demonetization

https://www.livemint.com/opinion/online-views/academic-studies-have-endorsed-the-benefits-of-demonetization-11602599307453.html

 

  1. Opinion | Pandemic pandemonium & policies - measured by moratorium and Moody's

https://www.livemint.com/opinion/online-views/opinion-pandemic-pandemonium-policies-measured-by-moratorium-and-moody-s-11602665165036.html

 

  1. External Sector

 

  1. Forex reserves increase by $3.6 billion to record $545.63 billion

https://www.business-standard.com/article/economy-policy/forex-reserves-increase-by-3-6-billion-to-record-545-63-billion-120100901436_1.html

 

  1. FPIs turn positive on Indian markets, invest Rs 1,086 cr so far in October

https://www.business-standard.com/article/economy-policy/fpis-turn-positive-on-indian-markets-invest-rs-1-086-cr-so-far-in-october-120101100486_1.html

 

  1. Govt nod likely for funding from Chinese investors below 10% stake

https://www.business-standard.com/article/economy-policy/govt-nod-likely-for-funding-from-chinese-investors-below-10-stake-120100901465_1.html

 

  1. Blind imposition of import restrictions hits exporters hard

https://www.business-standard.com/article/opinion/blind-imposition-of-import-restrictions-hits-exporters-hard-120101200023_1.html

 

  1. Can't extend loan moratorium as it may affect credit discipline: RBI to SC

https://www.business-standard.com/article/economy-policy/can-t-extend-loan-moratorium-as-it-may-affect-credit-discipline-rbi-to-sc-120101000197_1.html

 

  1. India and Norway review bilateral ties, aim to boost trade and investment

https://www.business-standard.com/article/economy-policy/india-and-norway-review-bilateral-ties-aim-to-boost-trade-and-investment-120101301444_1.html

 

  1. Beneficial ownership threshold under FEMA could be kept open-ended

https://www.business-standard.com/article/economy-policy/beneficial-ownership-threshold-under-fema-could-be-kept-open-ended-120101400022_1.html

 

  1. Temporary impact on investment flow to India due to govt curbs: CEA

https://www.business-standard.com/article/economy-policy/temporary-impact-on-investment-flow-to-india-due-to-govt-curbs-cea-120101400831_1.html

 

  1. India should resist misleading allure of domestic mkt; boost exports: Study

https://www.business-standard.com/article/economy-policy/india-should-resist-misleading-allure-of-domestic-mkt-boost-exports-study-120101400952_1.html

 

  1. India, Portugal discuss ways to expand bilateral ties in defence, trade

https://www.business-standard.com/article/economy-policy/india-portugal-discuss-ways-to-expand-bilateral-ties-in-defence-trade-120101401423_1.html

 

  1. Govt won't mandate secondary listing for firms joining foreign mkts: Report

https://www.business-standard.com/article/economy-policy/govt-won-t-mandate-secondary-listing-for-firms-joining-foreign-mkts-report-120101500807_1.html

 

  1. Exports rise for the first time in seven months, up almost 6% in September

https://www.business-standard.com/article/economy-policy/exports-rise-for-the-first-time-in-seven-months-up-almost-6-in-september-120101501510_1.html

 

  1. For MNCs planning investments in 2-3 years, India is among top destinations: CII-EY survey

https://www.thehindubusinessline.com/economy/for-mncs-planning-investments-in-2-3-years-india-is-among-top-destinations-cii-ey-survey/article32846659.ece

 

  1. Agri-commodities exports rise 43.4% in April-September: Government

https://www.thehindubusinessline.com/economy/agri-business/agri-commodities-exports-rise-434-per-cent-in-april-september-government/article32821111.ece

 

  1. China’s dominance of global trade is only growing, despite Covid and Trump

https://theprint.in/economy/chinas-dominance-of-global-trade-is-only-growing-despite-covid-and-trump/523326/

 

  1. Fall in India’s diamond exports this year will be much worse than 2008 crisis

https://theprint.in/economy/fall-in-indias-diamond-exports-this-year-will-be-much-worse-than-2008-crisis/523479/

 

  1. China’s Equity Market Gets a 'Footsie' Rating. What Does This Mean?

https://thewire.in/economy/chinas-equity-market-footsie-rating

 

  1. Agriculture and Rural Economy

 

  1. Over 2.3 mn tonnes paddy arrives in Punjab mandis, 2.2 mn tonnes procured

https://www.business-standard.com/article/economy-policy/over-2-3-mn-tonnes-paddy-arrives-in-punjab-mandis-2-2-mn-tonnes-procured-120101100728_1.html

 

  1. 32% of FCI's FY21 wheat procurement cost to be mandi taxes, middlemen fee

https://www.business-standard.com/article/economy-policy/32-of-fci-s-fy21-wheat-procurement-cost-to-be-mandi-taxes-middlemen-fee-120100901483_1.html

 

  1. Farm reforms will help turn farmers into entrepreneurs: Narendra Modi

https://www.business-standard.com/article/economy-policy/farm-reforms-will-help-turn-farmers-into-entrepreneurs-narendra-modi-120101300457_1.html

 

  1. PM-KISAN: How it works, and why Mamata's Bengal is the only state out of it

https://www.business-standard.com/article/economy-policy/pm-kisan-how-it-works-and-why-mamata-s-bengal-is-the-only-state-out-of-it-120101300501_1.html

 

  1. Centre's Garib Kalyan Scheme and the reality of a burgeoning subsidy bill

https://www.business-standard.com/article/economy-policy/centre-s-garib-kalyan-scheme-and-the-reality-of-a-burgeoning-subsidy-bill-120101300608_1.html

 

  1. Govt extends 50% subsidy on fruits, vegetables handled through Kisan Rail

https://www.business-standard.com/article/economy-policy/govt-extends-50-subsidy-on-fruits-vegetables-handled-through-kisan-rail-120101301375_1.html

 

  1. FCI, state procurement agencies purchase 4.85 mn tonnes of paddy so far

https://www.business-standard.com/article/economy-policy/fci-state-procurement-agencies-purchase-4-85-mn-tonnes-of-paddy-so-far-120101301322_1.html

 

  1. Liquidity crunch likely to hit farm gate level procurement by FPOs

https://www.business-standard.com/article/economy-policy/liquidity-crunch-likely-to-hit-farm-gate-level-procurement-by-fpos-120101301678_1.html

 

  1. Why milk scores over other produce in fetching the farmer a better price

https://www.business-standard.com/article/economy-policy/why-milk-scores-over-other-produce-in-fetching-the-farmer-a-better-price-120101401000_1.html

 

  1. Govt buys 6.24 million tonne kharif paddy at MSP in last 19 days

https://www.business-standard.com/article/economy-policy/govt-buys-6-24-million-tonne-kharif-paddy-at-msp-in-last-19-days-120101501282_1.html

 

  1. Can Modi govt's farm reforms make India world leader in food trade?

https://www.business-standard.com/article/economy-policy/can-modi-govt-s-farm-reforms-make-india-world-leader-in-food-trade-120101600135_1.html

 

  1. India leads decline in global black tea output

https://www.thehindubusinessline.com/economy/agri-business/india-leads-decline-in-global-black-tea-output/article32814135.ece

 

  1. With PMFBY scheme being optional for farmers, crop insurance premium de-grows in Sept

https://www.thehindubusinessline.com/money-and-banking/with-pmfby-scheme-being-optional-for-farmers-crop-insurance-premium-de-grows-in-sept/article32845334.ece

 

  1. Open sky policy to hit Kerala’s fruits and vegetable exports to Gulf markets

https://www.thehindubusinessline.com/economy/agri-business/open-sky-policy-to-hit-keralas-fruits-and-vegetable-exports-to-gulf-markets/article32841398.ece

 

  1. Kerala local bodies to take up organic farming, vegetable production

https://www.thehindubusinessline.com/news/national/kerala-local-bodies-to-take-up-organic-farming-vegetable-production/article32853822.ece

 

  1. Transforming rural Indian lives is tough but worth it

https://www.livemint.com/opinion/columns/transforming-rural-indian-lives-is-tough-but-worth-it-11602774462128.html

 

  1. Don’t take rural demand for granted as a growth driver

https://www.livemint.com/opinion/online-views/don-t-take-rural-demand-for-granted-as-a-growth-driver-11602511485397.html

 

  1. Industry, Manufacturing, Services and Technology

 

  1. Covid impact: Avg monthly rent for retail space in Khan market, CP drop 14%

https://www.business-standard.com/article/economy-policy/covid-19-impact-avg-monthly-rent-for-retail-space-in-khan-mkt-cp-south-ex-drops-14-120101100202_1.html

 

  1. Retail inflation at 8-month high in September; August IIP in negative zone

https://www.business-standard.com/article/economy-policy/retail-inflation-at-8-month-high-in-september-august-iip-in-negative-zone-120101201110_1.html

 

  1. Industrial recovery slow as manufacturing leads 8% fall in August IIP

https://www.business-standard.com/article/economy-policy/industrial-recovery-slow-as-manufacturing-leads-8-fall-in-august-iip-120101201297_1.html

 

  1. Compound interest waiver will cost Rs 6,500 crore to govt: Official

https://www.business-standard.com/article/economy-policy/compound-interest-waiver-will-cost-rs-6-500-crore-to-govt-official-120101301006_1.html

 

  1. Cabinet to soon consider new public sector enterprises policy: Report

https://www.business-standard.com/article/economy-policy/cabinet-to-soon-consider-new-public-sector-enterprises-policy-report-120101301178_1.html

 

  1. Kerala only state to pay 25% land acquisition cost for national highway: CM

https://www.business-standard.com/article/economy-policy/kerala-only-state-to-pay-25-land-acquisition-cost-for-national-highway-cm-120101301468_1.html

 

  1. Fitch expects marketing, refining volume of oil firms to fall 15% in FY21

https://www.business-standard.com/article/economy-policy/fitch-expects-marketing-refining-volume-of-oil-firms-to-fall-15-in-fy21-120101500765_1.html

 

  1. FMCG companies see recovery in core categories in Q2

https://www.thehindubusinessline.com/economy/fmcg-companies-see-recovery-in-core-categories-in-q2/article32842281.ece

 

  1. Covid impact: 40% of Indian start-ups hit, but recovery is strong, says report

https://www.thehindubusinessline.com/news/covid-impact-40-of-indian-start-ups-hit-but-recovery-is-strong-says-report/article32854724.ece

 

  1. WPI inflation rises to 1.32% in September mainly on costlier food articles

https://indianexpress.com/article/business/economy/india-september-2020-wholesale-price-inflation-data-6724697/

 

  1. Factory output shrinks for sixth month

https://www.thehindu.com/business/Industry/industrial-production-declines-8-in-august/article32835774.ece

 

  1. ‘Pandemic shutters 15% of start-ups, funding dips 50%’

https://www.thehindu.com/business/Industry/pandemic-shutters-15-of-start-ups-funding-dips-50/article32856628.ece

 

  1. Cummins India says revival taking place, 'bullish' on India market

https://www.livemint.com/industry/manufacturing/cummins-india-says-revival-taking-place-bullish-on-india-market-11602419135500.html

 

  1. Industrial output contracts at a slower pace in August

https://www.livemint.com/industry/manufacturing/industrial-output-contracts-at-a-slower-pace-in-august-11602506554435.html

 

  1. Columns by Paul Krugman/ Joseph Stiglitz

 

  1. Opinion | Trump Is Killing the Economy Out of Spite

https://www.nytimes.com/2020/10/08/opinion/donald-trump-economy.html

 

  1. Opinion | Mitch McConnell’s Mission of Misery

https://www.nytimes.com/2020/10/12/opinion/mitch-mcconnell-covid-stimulus.html

 

  1. Opinion | How the G.O.P. Can Still Wreck America

https://www.nytimes.com/2020/10/15/opinion/election-trump-republicans.html

 

  1. Other Articles/ Columns

 

  • The India Forum
  1. Confronting Precarious Work: Beyond social security for platform workers

https://www.theindiaforum.in/article/confronting-precarious-work

 

  1. Comorbidities of the Indian Economic Recovery

https://www.theindiaforum.in/article/comorbidities-indian-economic-recovery

 

  • The Economist
  1. Why trade imbalances are a worry during a global downturn

https://www.economist.com/finance-and-economics/2020/10/10/why-trade-imbalances-are-a-worry-during-a-global-downturn

 

  1. How trade is being used to enforce labour standards

https://www.economist.com/finance-and-economics/2020/10/10/how-trade-is-being-used-to-enforce-labour-standards

 

  1. American banks’ earnings will gauge customers’ financial health

https://www.economist.com/finance-and-economics/2020/10/11/american-banks-earnings-will-gauge-customers-financial-health

 

  1. The Nobel prize in economics rewards advances in auction theory

https://www.economist.com/finance-and-economics/2020/10/12/the-nobel-prize-in-economics-rewards-advances-in-auction-theory

 

  • Economic and Political Weekly

Perspectives

  1. Inclusivity in School Education and the Budget: Case of Children with Disabilities

https://www.epw.in/journal/2020/41/perspectives/inclusivity-school-education-and-budget.html

 

Commentary

  1. BJP’s Farming Policies: Deepening Agrobusiness Capitalism and Centralisation

https://www.epw.in/journal/2020/41/commentary/bjps-farming-policies.html

 

  1. Disastrous Decade for Data: The Way Forward

https://www.epw.in/journal/2020/41/commentary/disastrous-decade-data.html

 

Print Sources:                  The Hindu, Business Line, Business Standard, Economic Times, Indian Express

Online Sources:               Livemint, Scroll.in, First Post, The Wire, The Print, The India Forum, Newyork Times, The Guardian

Journals:                              Economic and Political Weekly, The Economist