Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/its-bonus-as-usual-india-inc-keeps-calm-and-carries-on/articleshow/79849712.cms Synopsis—About two-thirds of major companies in the country, including ITC, PepsiCo and Maruti Suzuki, have handed out bonuses, variable payouts and incentives to
Month: December 2020
Industry bodies to press for holding back new wage definition in meeting with govt on Dec 24 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/industry-bodies-to-press-for-holding-back-new-wage-definition-in-meeting-with-govt-on-dec-24/articleshow/79865602.cmsSynopsis “The representatives of CII and FICCI among other industry bodies would meet union labour ministry top brass on December 24, 2020 to discuss
Farm reforms: Now, a three-act tragedy | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/farm-reforms-now-a-three-act-tragedy-120122000837_1.html The fairy tale outcome of these reforms would be better infrastructure and market access, which could take the rural economy to new heights
Govt must focus on alignment of provisions with GSTN processes | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/govt-must-focus-on-alignment-of-provisions-with-gstn-processes-120122100026_1.html There is a conscious attempt from the top echelons of the government to promote digitalisation and substantially reduce physical interface between the administrators
Reading the tea leaves: What do jobs data tell us about economic recovery? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/reading-the-tea-leaves-120122101212_1.html Weekly estimates for the first three weeks of December indicate a likely marginal improvement in aggregate employment compared to November Expectations of a
Behind the recovery | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/behind-the-recovery-120122000807_1.html Policymakers should not lose sight of economic distortions Economic activity continues to recover from the Covid-induced shutdown and, according to the Reserve Bank of
After 10 million cases | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/after-10-million-cases-120122000812_1.html India has been spared the worst, but efforts must continue India has crossed the 10-million mark for recorded infections of Covid-19. This moment
Wrong call on IBC | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/wrong-call-on-ibc-120122101257_1.html Govt should not have extended suspension of bankruptcy work The Insolvency and Bankruptcy Code (IBC) is one of the major reforms of the National Democratic
Rupee likely to end 2020 as the worst performing currency in Asia | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rupee-likely-to-end-2020-as-the-worst-performing-currency-in-asia-120122200026_1.html The rupee closed around Rs 74 to a dollar on Friday against Rs 72.2 at the end of December 2019 The rupee is
Invoicemart discounts Rs 10,000-cr MSME invoices – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/invoicemart-discounts-rs-10000-cr-msme-invoices/2154482/ A majority of industries and businesses are now inching towards pre-COVID-19 levels, MSMEs have also started charting their path for recovery, Invoicemart said
Declare a cyber security emergency–economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/declare-a-cyber-security-emergency/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. Around 50 organisations, including important departments of the
The right way to sell a troubled bank–economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/the-right-way-to-sell-a-troubled-bank/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The RBI did well to invite expressions of
Need for relook at differential rates structure to help MSME: Experts – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/need-for-relook-at-differential-rates-structure-to-help-msme-experts/articleshow/79828395.cmsSynopsis Under the differential rates structure, the companies with high credit rate get loans from lending institutions at low rates, while those not having
IBC suspension likely to be extended by 3 more months amid Covid crisis – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/ibc-suspension-likely-to-be-extended-by-3-more-months-amid-covid-crisis/articleshow/79831823.cms Synopsis–Policymakers are of the view that a further extension is required as the economy is yet to emerge from contraction and businesses need
CAIT says Amazon’s arbitrary policies to dominate India’s retail trade should end – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/cait-says-amazons-arbitrary-policies-to-dominate-indias-retail-trade-should-end/articleshow/79843206.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The court rejected Future Retail Ltd’s (FRL) plea for an interim injunction to restrain Amazon from writing to Sebi, the Competition Commission and
Insolvency and bankruptcy code (IBC) suspension extended till March 31 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/insolvency-and-bankruptcy-code-ibc-suspension-extended-till-march-31/articleshow/79843895.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The government had suspended fresh proceedings under IBC for loan defaults on or after March 25, for six months, as part of measures
Smaller firms worse hit than larger ones during Pandemic: Crisil – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/smaller-firms-worse-hit-than-larger-ones-during-pandemic-crisil/articleshow/79841567.cmsSynopsis An analysis by the research arm Crisil indicated that revenues of Indian corporates India – excluding oil companies, banking, financial services and insurance–
Debt for telecom industry to rise despite price hikes: ICRA – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/telecom/telecom-news/debt-for-telecom-industry-to-rise-despite-price-hikes-icra/articleshow/79838048.cmsSynopsis According to data released by the telecom regulator, the industry revenues in the first of FY21 has grown 25% on-year, while average revenue
Parliamentary panel seeks public health Act to keep check on private hospitals – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/parliamentary-panel-seeks-public-health-act-to-keep-check-on-private-hospitals/articleshow/79844552.cmsSynopsis The proposed Act should have “suitable legal provisions” to deal with private hospitals that are selling beds at exorbitant rates, black marketing of
$900 billion US economic relief package: A dose of support, but is it enough? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/business/congress-rescue-aid-a-dose-of-support-but-is-it-enough/articleshow/79845545.cmsSynopsis For now, the package that congressional leaders agreed to Sunday will provide urgently needed benefits to the unemployed, loans to help small businesses