This sharp powering down has disrupted the plans of Corporate India. Companies across sectors — from those making tractors to toothpaste — had, over the last two decades, been primed to plan for a trend growth rate of 8 per cent.
Union Finance Minister Nirmala Sitharaman was the guest at the recent Express Adda held in Mumbai. She spoke to The Indian Express on India’s decision to not join the RCEP, boosting investment and ushering in reforms
On May 9, 2018, Sebi amended the ‘Listing Obligations and Disclosure Requirement’ regulations stating that the Chairperson of the board shall be a non-executive director and not related to the MD/ CEO.
“Some special dispensation for the Union Territory of Jammu & Kashmir is likely. This will be in the letter and spirit of the August 5 decision taken by the government,” said a government source who did not wish to be named.
“There is a permanence to the change in the status of the state and the people post August 5. Silence, humiliation, resentment, anger and protest in the nature of self-imposed curfews has been the reaction so far. It hasn’t manifested in violence. So far,” said an official.
The structural issues that need to be addressed are land and labour reforms, and what Rathin Roy, member of Prime Minister’s Economic Advisor Council explained lucidly - products and services affordable to middle and lower income people.
In an interview, Lt Gen K J S Dhillon says that there has been no cross-Line of Control infiltration as is being rumoured in Gulmarg. “I sleep well in the night,” he says, when asked what worries him when he goes to bed.
Sitharaman clubbed the 33 measures into five buckets: taxation, banks/ NBFCs/ SMEs, financial markets, infrastructure, and the automotive sector, which has visibly been one of the worst hit leading to many direct and indirect job losses.
Days after the passage of the Finance Bill and the transfer — and resignation — of her key adviser, Union Finance Minister Nirmala Sitharaman sat down for an interview at her North Block office on July 27 to National Business Editor Anil Sasi and Executive Editor (National Affairs) P Vaidyanathan Iyer.