Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/indias-exports-may-reach-290-bn-by-fiscal-end-fieo/articleshow/80025553.cms?utm_source=ETTopNews&utm_medium=HP&utm_campaign=TN&utm_content=23Synopsis “We are confident that a V- shaped recovery will be witnessed in world trade and we will recover much more from what we
Day: December 31, 2020
From pushing electric mobility to boosting textile sector, Niti Aayog charts 2021 reforms map – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/from-pushing-electric-mobility-to-boosting-textile-sector-niti-aayog-charts-2021-reforms-map/articleshow/80025000.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis As the think tank continues to work with various stakeholders to boost the country’s economy, its Vice Chairman and economist Rajiv Kumar said
Banks need Rs one lakh crore for NPAs, growth, says Reserve Bank of India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-need-rs-one-lakh-crore-for-npas-growth-says-reserve-bank-of-india/articleshow/80021370.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis According to the RBI, gross non-performing assets (NPAs) declined from 9.1% as of March 2019 to 8.2% at end-March 2020 and further down
Don’t punish UK and South Africa for sharing details, says WHO – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/world-news/dont-punish-uk-and-south-africa-for-sharing-details-says-who/articleshow/80020024.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Countries like the UK and South Africa should not be unduly punished for their openness towards science, Mike Ryan, the organisation’s head of
Indian rupee falls nearly 3% YTD in 2020; check how it will fare against US dollar in 2021 – The Financial Express
Clipped from: https://www.financialexpress.com/market/indian-rupee-falls-nearly-3-ytd-in-2020-check-how-it-will-fare-against-us-dollar-in-2021/2160706/ Indian rupee remained one of the worst-performing regional currencies in 2020, despite record inflows from foreign institutional investors (FII) and foreign portfolio investors
Banking wrong on corporate houses: Why fate of banking, public finance is uncertain – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/banking-wrong-on-corporate-houses-why-fate-of-banking-public-finance-is-uncertain-rbi-regulations/2160608/ With RBI’s inability to uphold regulatory oversight, a grave crisis in banks and NBFCs is looming large. Atul K Thakur The policymaking in
Budget 2021 Expectations for Expenditure: Where will Modi govt raise money from, where will it spend? | The Financial Express
Clipped from: https://www.financialexpress.com/budget/budget-2021-expectations-where-will-modi-govt-raise-money-from-where-will-it-spend/2160490/ Union Budget 2021 Expectations for Expenditure: The spending is likely to be enhanced for infrastructure projects that generate employment and have higher multiplier
India’s challenge is to understand China’s game plan, says Air Chief Bhadauria – The Financial Express
Clipped from: https://www.financialexpress.com/defence/indias-challenge-is-to-understand-chinas-game-plan-says-air-chief-bhadauria/2160538/ “China’s aspirations are global. Their regional domination is perhaps a part of global leadership they aspire,” the air chief said. The biggest national
‘Next decade belongs to small businesses but here’s how they can navigate ‘techade’ in new normal’ – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-eodb-next-decade-belongs-to-small-businesses-but-heres-how-they-can-navigate-techade-in-new-normal/2160585/ Ease of Doing Business for MSMEs: Black Swan moments disrupt the status quo but they also provide newer opportunities. SMEs would do well
Now MSME customers of this bank can use SIDBI’s DIY portal to submit restructuring proposals – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-now-msme-customers-of-this-bank-can-use-sidbis-diy-portal-to-submit-restructuring-proposals/2160126/ Ease of Doing Business for MSMEs: While the documents required for the proposal may vary as per the internal guidelines of the banks,
India eyes asset sales to partly fund higher spending next year-sources – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/india-eyes-asset-sales-to-partly-fund-higher-spending-next-year-sources/articleshow/80027413.cmsSynopsis After largely keeping its purse strings in check as the coronavirus pandemic choked businesses and threw millions out of jobs, Prime Minister Narendra
ITR Filing Deadline extended: ITR filing deadline extended from Dec 31 to January 10, 2021 for these taxpayers – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/itr-filing-deadline-extended-from-dec-31-to-january-10-2021-for-these-taxpayers/articleshow/80028841.cmsThe government has extended the deadline to file income tax return (ITR) for FY 2019-20 for individuals from the current deadline of December 31, 2020, to
current account: Current Account is in surplus for second consecutive quarter at 2.4% of GDP – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/current-account-is-in-surplus-for-second-consecutive-quarter-at-2-4-of-gdp/articleshow/80031028.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The narrowing of the current account surplus in was on account of a rise in the trade deficit to $ 14.8 billion from
Deposits of public sector banks surge amid pandemic stress – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/deposits-for-public-sector-banks-surge-amid-pandemic-stress/articleshow/80028940.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Term deposits – contributing almost 60% of total deposits – moderated, reflecting the easing of interest rates and the lure of returns on
Suspension of scheduled international passenger flights extended till Jan 31 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/suspension-of-scheduled-international-passenger-flights-extended-till-jan-31/articleshow/80026334.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Scheduled international passenger services have been suspended in India since March 23 due to the coronavirus pandemic. New Delhi: The coronavirus-induced suspension of
CBI files case against IVRCL for Rs 5,000 crore loan fraud–Business today
Clipped from: https://www.businesstoday.in/current/economy-politics/cbi-files-case-against-ivrcl-for-rs-5000-crore-loan-fraud/story/426516.html The company allegedly availed various credit limits from a consortium of banks, led by State Bank of India and cheated the banks, without
Coronavirus impact: Govt extends deadline for income tax filing, GST compliance; check out details
Clipped from: https://www.businesstoday.in/money/tax/deadlines-extended-for-income-tax-filing-gst-compliance-check-out-full-details/story/426509.html The government has extended various tax compliance deadlines, including Income Tax Returns, tax audit reports and declaration under ‘Vivad Se Vishwas Scheme, in
Honey, I shrunk Indian banking! Sector tastes degrowth in 2020–Business today
Clipped from: https://www.businesstoday.in/current/economy-politics/indian-banking-industry-2019-20-npas-bad-loans-borrowings-asset-quality/story/426466.html Indian Banking Sector 2019-20: The credit off-take from the industry declined marginally while agri, services and retail were in positive territory in 2019-20
Hunger pangs on the rise | Deccan Herald
The data on malnutrition, stunting, and wasting in children across states in India emerging from the first phase of the National Family Health Survey 5 (2019-2020) is
Is the deal worth the Brexit? | Deccan Herald
The biggest positive of the Brexit deal, entered into by the European Union (EU) and Britain after years of tough negotiations, is that it is
