Indian IT hits worst slump in 7 years: Foreign Media - NDTV
The resignation of Vishal Sikka as chief executive officer of India's bellwether technology company masks the rot in India's once feted export sector. While Sikka cited heightened acrimony with a cohort of founders at Infosys Ltd., the malaise is much deeper, and threatens to become a faultline for Asia's No. 3 economy. 
Narendra Modi seeks growth roadmap from young entrepreneurs - Sahib Sharma, Mint
Prime Minister Narendra Modi on Thursday told a gathering of prominent Indian start-up entrepreneurs that the government is keen to work closely with young entrepreneurs in developing a roadmap for growth. “Policymakers in government are relatively senior. The group I am meeting today is young. I want both to work together for India’s good,” Modi told start-up chief executives in the capital.
Imagining India’s new data privacy law - Supratim Chakraborty, Business Line
Data is the lifeblood of today’s digital economy and is driving new businesses that challenge conventional wisdom about markets. With the proliferation of smartphones, every tap creates a digital footprint: valuable information that can be exploited by companies to generate everything, from customer preferences to consumption patterns.
Rs 6,399 bn required to double farmers' income - Rajesh Kumar, Pioneer
India needs a whopping investment of Rs 6,399 billion for doubling farmers’ real income by 2022-23. Of these, Rs 5,080.8 billion is required from public sector and Rs 1,318.4 billion from private sector for all the major States, an inter-ministerial committee on doubling farmers’ income said in its report.
Slowdown stalks economy - Madhusudan Sahoo, Pioneer
Volume-II of the Economic Survey released on Friday painted a mixed picture of the economy suggesting that achieving higher end of the 6.75-7.5 per cent GDP growth would be difficult. But the survey said inflation is expected to remain below the medium-term target of 4 per cent as projected by the RBI and Fiscal Deficit will fall to 3.2 per cent of the GDP in 2017-18 as compared to 3.5 per cent last fiscal.
Tax returns filing sees quantum jump: How Modi govt's demonetisation exercise has started bearing fruit - S Murlidharan, Firstpost
Income Tax returns filed for 2017-18 rose 24.7 percent year-on-year to 2.83 crore returns as on 5 August, as against 2.27 crore returns filed during the corresponding period last year. The number of I-T returns filed by individuals, accounting for 98.7 percent of total ITR, jumped 25.3 percent from last year to 2.79 crore returns filed up to 5 August, as against 2.23 crore returns in the corresponding period last year.
A rate cut with burgeoning economic concerns ahead - Shivaji Sarkar, Pioneer
The RBI’s repo rate cut is unlikely to benefit the economy. While interest rates are the lowest, bank charges are the highest. This is where correction is needed. Lower bank charges and not lower interest rates can boost economy.
Coal India’s road to boosting growth - RC Acharya, Pioneer
In its effort to reach a target of producing 1,000 million tonne of coal by 2020, Coal India Limited (CIL) will be aided in no small measure by the Indian Railway Construction Organisation (IRCON), which is busy laying two brand new lines to reach the hitherto untapped coal deposits in the Indian State of Chhattisgarh.
Parliament panel waves red flag to GM crops - Business Line
The Parliamentary Standing Committee on Agriculture has come down heavily against the use of genetically modified (GM) crops in the country. The Committee, which took almost three years to complete its report on the controversial issue, concluded that GM crops, particularly Bt cotton, had not helped farmers.
GST, another bubble for e-commerce? - Pioneer
On July 1, India witnessed the onset of what is undeniably the biggest and most ambitious tax reform since independence. The long-awaited dream of ‘one nation, one tax, one market’ is now a reality with the implementation of the Goods and Services Tax (GST). 
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