Clipped from: https://www.financialexpress.com/opinion/india-needs-to-spend-a-lot-more-if-it-wants-to-fix-the-permanent-damage-to-the-economy/2108607/ But even if the deficit increases by 7% of GDP this year while trend nominal GDP settles at 10%, debt/GDP stabilises around 90%
Day: October 20, 2020
Transparent taxation: Withdraw untenable tax litigation – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/transparent-taxation-withdraw-untenable-tax-litigation/2108615/ While the faceless assessment and appeals is welcome and could prevent harassment, all pending appeals should be cleared urgently to give succour to
Customs clearance: Heartless, not faceless; why has faceless assessment brought so much angst to trade? – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/customs-clearance-heartless-not-faceless-why-has-faceless-assessment-brought-so-much-angst-to-trade/2109471/ Customs clearance is not just assessment, but is all about logistics and supply chain management, of which customs and payment of duties/taxes is
‘Imperfect yet small gains from labour codes shall drive MSMEs forward’ – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-eodb-imperfect-yet-small-gains-from-labour-codes-shall-drive-msmes-forward/2104248/ Ease of Doing Business for MSMEs: There are many reasons why many of India’s 63 million enterprises are dwarfs (small that stay small)
MSMEs’ long term recovery likely ahead but subdued demand, lower disposable income among key issues – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-msmes-long-term-recovery-likely-ahead-but-subdued-demand-lower-disposable-income-among-key-issues/2109233/ Ease of Doing Business for MSMEs: Lack of technical expertise might continue to be a hurdle for MSMEs to adopt digital technology to
Post-Covid ailments may last for life: Dr Randeep Guleria, Pulmonology specialist and AIIMS Director – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/post-covid-ailments-may-last-for-life-dr-randeep-guleria-pulmonology-specialist-and-aiims-director/articleshow/78337986.cmsSynopsis “Such issues get resolved in about six weeks in most cases. We advise them to exercise, have a diet with green leafy vegetables
CPSEs clear dues worth Rs 13,400 crore to MSMEs in last five months: Govt – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/cpses-clear-dues-worth-rs-13400-crore-to-msmes-in-last-five-months-govt/articleshow/78743746.cmsSynopsis It is mandatory for all CPSEs and the companies with turnover of more than Rs 500 crore to join this platform. However, many
Sellers from smaller cities driving festive sales: Snapdeal – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/sellers-from-smaller-cities-driving-festive-sales-snapdeal/articleshow/78745206.cmsSynopsis Ahead of Diwali, Snapdeal had opened 25 logistics centres to serve the surge in orders. This is now helping move the Diwali orders
NCLT approves JSW Steel’s resolution plan for Asian Colour Coated Ispat Ltd – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/nclt-approves-jsw-steels-resolution-plan-for-asian-colour-coated-ispat-ltd/articleshow/78748365.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis In the year 2018, ACCIL was part of the Reserve Bank of India’s second list of defaulters that banks were asked to take
Hospitalised COVID-19 patients can have ongoing symptoms for months: Oxford study – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/world-news/oxford-university-says-covid-19-patients-experience-symptoms-months-after-contracting-virus/articleshow/78751260.cmsSynopsis The scientists also detected abnormalities in multiple organs and believe persistent inflammation may be a factor for COVID-19 survivors, the university said in
Business index at post-lockdown high but beware of ‘faux recovery’: Nomura – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/business-index-at-post-lockdown-high-but-beware-of-faux-recovery-nomura/articleshow/78748531.cmsSynopsis Nomura attributed “much of this improvement” to a sharp rise in Google workplace mobility (by around 5pp from the previous week), as well
India must not neglect bank recapitalisation despite pandemic, says Viral Acharya – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/india-must-not-neglect-bank-recapitalisation-despite-pandemic-says-viral-acharya/articleshow/78748878.cmsSynopsis “If the government doesn’t wish to recapitalise banks in a timely manner, then it must ensure that the contours of debt moratoria and
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