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Tag Archives: economic

Parliament passes Fugitive Economic Offenders Bill 2018

Parliament has passed the Fugitive Economic offenders Bill, 2018. The Rajya Sabha approved the Bill today. It had already been passed by the Lok Sabha. Government can now attach properties of fugitives who flee the country after committing tax and loan related offences. Finance Minister PiyushGoyal said, the Bill will ... Read More »

Cuba economic growth weak, president says, as lawmakers approve new constitution

The new constitution seeks to maintain Cuba’s one-party socialist system but institute a major government reorganisation. It will now be publicly debated through November before submission to a referendum. The government is also attempting to make changes to its Soviet-style command economy, with the goal of creating “prosperous and sustainable” socialism. ... Read More »

India, Singapore to upgrade Comprehensive Economic Cooperation Agreement

The two sides concluded the second review of the Comprehensive Economic Cooperation Agreement (CECA) in the presence of Prime Minister Narendra Modi and his Singaporean counterpart Lee Hsien Loong. The review includes expanded tariff concessions for an additional 30 products and improved rules to provide more flexibility for Singapore exports ... Read More »

Sensex climbs 211 pts on positive economic data points

Mumbai : Driven by strong IIP numbers and an unchanged inflation, the Sensex today rallied over 211 points to 32,393, reflecting interrupted buying by domestic institutional investors. The rupee appreciating 19 paise to 64.89 against the dollar today gave a leg to the rally. The rest of Asia logged a mixed ... Read More »