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When the GST Council missed a step

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BusinessLine At a time when India’s polity cannot be more divided, the Goods and Service Tax (GST) — despite its imperfections — showed that political maturity and the idea of consensus is, after all, not dead in the country. Political parties set aside their ... More »

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How Fed action gave Indian stocks a leg-up

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BusinessLine The movement of the Indian stock market was quite difficult to comprehend in 2019. There were a host of factors exerting downward pressure on stocks — a decelerating economy, slowdown in consumption, woeful corporate earnings and tight liquidity, ... More »

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Why Mission Shakti may start a space tiff

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BusinessLine Prime Minister Narendra Modi’s address on March 27, 2019 began with the declaration that India had “established itself as a global space power.” This statement was premised on the notion that an anti-satellite (ASAT) test was “necessary” to demons... More »

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Citizenship Bill is deeply disconcerting

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BusinessLine One bad idea can often lead to many others. The National Register of Citizens (NRC) left us with 1.9 million people classified as ‘illegal immigrants’ — though they still have a right of appeal. Over 50 per cent of these ‘illegal immigrants’ are H... More »

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Below the Line

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BusinessLineRestricted entryBreezing through the corridors of ministries to meet any official without prior appointment is set to become difficult. According to t Source link More »

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This slowdown is deep and prolonged

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BusinessLine In just four quarters, India’s economic growth has declined from 8 per cent to a six-year low of 4.5 per cent. Though ominous, the pace of slowdown has not come as a surprise to many as various economic indicators pointed to this. The core sector ... More »

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Karvy case and the games brokers play

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BusinessLine The ongoing battle between Karvy Stock Broking Ltd and the market regulator, the Securities and Exchange Board of India, has been nothing short of a racy potboiler. It initially went along familiar lines with the corporate broker, KSBL, using its ... More »

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Climate change is taking its toll on India

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BusinessLine TV motoring star Jeremy Clarkson is now a believer — in climate change, that is. For years, Britain’s self-described “petrolhead” insisted global warming was a global-sized hoax. His conversion took place when he was filming his hit show The Grand... More »

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Power sector: Focus on other pain points

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BusinessLine On the face of it, media reports painted a scary picture. One report mentioned that as many as 262 thermal power units had shut down operations by early November. Many of them have been shut for weeks. Another report said Coal India’s output fell ... More »

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Disturbing takeaways from Amaravati fiasco

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BusinessLine There is reason to be deeply disappointed with the decision of the Andhra Pradesh government to drop the Amaravati Capital City Start-up Area project with a Singapore consortium. Among those affected by the decision are farmers who have contribute... More »

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Forex reserves shine amidst the gloom

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BusinessLine There is no disputing that the domestic economy has been decelerating and the jury is still out on the effectiveness of the measures initiated by the Centre to stem the slowdown. Even as all the macro data points have been flashing either red or a... More »