Politics, Plan and Policy
FM Sitharaman to hold pre-Budget meetings with stakeholders beginning today
FM Nirmala Sitharaman is likely to present her second Budget for the Modi 2.0 government in Parliament on February 1.
Oil rises amid optimism over OPEC supply cuts, hopes on US-China trade
OPEC+ on Jan 1 this year cut output by 1.2 million barrels per day (bpd), and in July, renewed the pact until March 2020.
Oil slips as US-China trade deal hopes dwindle
A forecast by the International Energy Agency for slower global oil demand growth post-2025 also weighed on the market.
Cait ups ante, rejects govt proposal
Cait has planned a nation-wide movement against the e-commerce companies.
US-China trade deal signing could be delayed to December: source
China’s latest push for more tariff rollbacks would be discussed, but was not expected to derail progress toward an interim deal.
Massive H-1B denial rates for Indian IT companies under Trump Admin: report
The denial rate of H-1B petitions for initial employment for Amazon, Microsoft, Intel and Google in 2015 was just 1 pc.
RBI revamps departments for effective supervision, regulation of banking sector
Reserve Bank had separate departments for supervisory, regulatory functions which were integrated into two unified departments.
No need to escalate one case to reflect everything to do with IBC: Sitharaman
Bankruptcy law of India which seeks to consolidate the existing framework by creating a single law for insolvency and bankruptcy.
US visa move against China casts pall over talks to end trade war
The State Department did not name the Chinese officials affected by the visa clampdown.
How easy is it to start a start-up?
The number of start-ups in the country has gone up from 7,000 in 2008 to 50,000 in 2018.