DFCCIL looks to decongest 70% of Railways’ freight load

With goods trains envisaged to be running at 100 km per hour, the Dedicated Freight Corridor Corporation of India (DFCCIL) is looking to decongest up to 70 per cent freight load of the Indian Railways, which could be better utilised to run passenger trains efficiently, MD Continue Reading

Business leaders speak on Budget during ‘Markets & Economy 2020’

Interesting views about the Union Budget were disscussed at the Markets and Economy 2020, an annual post-budget analysis conducted by United Way Chennai, held recently. The event took place at ITC Grand Chola, Chennai. Continue Reading

Year in review of Shaktikanta Das-led RBI

When the Narendra Modi government, stumped by the sudden resignation of Urjit Patel, parachuted retired bureaucrat Shaktikanta Das to RBI in December 2018, many expected a great lull in the public acrimony that marred the days of his academically more illustrious predecessors Patel and Raghuram Rajan. Continue Reading

Cut in corporate tax rate important for investments: CEA Subramanian

Chief Economic Adviser KV Subramanian today said that the government recognised the need to cut the corporate tax to boost investments. Continue Reading

India ranks 63rd on World Bank’s ease of doing business list

India has jumped 14 places to take the 63rd position on the World Bank’s ease of doing business ranking released today, figuring among the top 10 performers on the list for the third time in a row mainly due to the successful implementation of the Insolvency and Bankruptcy Code. Continue Reading

Conditions exist to achieve $5 trillion economy: top official

With a strong policy driven government at the Centre, favourable conditions exist in India to achieve the target of $5 trillion economy by 2024, a top government official said. Continue Reading

Becoming $5 tn economy achievable, but not easy: CSE chairman

Elaborating, Banerjee, a member of the expert advisory committee of the Institute of Chartered Accountants of India (ICAI), said the goal may seem to be ‘a herculean task even impossible’ if this target ($5 trillion) is considered on a ‘constant price’. Continue Reading