India and neighbors
Border standoff: India warns of serious impact: (The Hindu)India is deeply concerned at the recent Chinese actions and has conveyed to the Chinese Government that such construction would represent a significant change of status quo with serious security implications for India. Face-off in Doklam: (Indian Express, Editorial)
Beijing excels in art of alienating potential friends. New Delhi must tread cautiously — there is much to lose from escalation.Parliament and State Legislatures For a more representative House: (The Hindu, Editorial)
Not all rosy with border infrastructure: (The Hindu)India’s infrastructure development along the border with China has picked up, though it has rolled back the most ambitious military plan for the boundary. Indian Economy. Planning, Growth and Employment
GST will subsume almost all cesses levied at the moment.
TRAI pitches for lower GST: (The Hindu)
Seeks 5% for telecom services, urges cut in licence fees, spectrum usage charges.
RBI says bank funding can’t be substituted: (The Hindu)With banks increasingly ‘retrenching’ credit, mutual funds, non-banking finance companies (NBFCs) and capital markets have partly offset the corporate sector’s debt requirement but such alternative sources of funding cannot replace bank loans.
Entering the age of GST: (The Hindu, Editorial)
The long-term benefits of GST are clear — the challenge is to quickly address the short-term obstacles.
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