Clipped from: https://www.financialexpress.com/opinion/trade-offs-for-growth-revival-why-indias-policymakers-need-a-new-roadmap/2142900/ Policymakers must focus on simultaneously managing the exchange rate and domestic inflation while maintaining an open capital account for renewed economic growth As
Month: December 2020
GST fraud: Govt goes into overdrive, over 100 arrests in 3 weeks, one denied bail – The Financial Express
Clipped from: https://www.financialexpress.com/india-news/gst-fraud-govt-goes-into-overdrive-over-100-arrests-in-3-weeks-one-denied-bail/2143666/ Apart from the number of instances, the enormity of the fraud can also be gauged from the fact that, one person with political
Modi govt must get its vaccine talk right – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/govt-must-get-its-vaccine-talk-right/2142888/ It should have avoided the cryptic ‘not everybody will be vaccinated/threshold coverage’ talk The government needs to urgently get its preparation for the
Will atmanirbhar call damage India’s small entrepreneurs? – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/will-atmanirbhar-call-damage-indias-small-entrepreneurs/2143695/ The beneficial linkages between formal and informal enterprises become stronger with trade liberalisation, not protectionism. By Ejaz Ghani the slow growth of India’s
India economy likely to contract by 10% in FY21: Former Planning Commission’s Abhijit Sen – The Financial Express
Clipped from: https://www.financialexpress.com/economy/india-economy-likely-to-contract-by-10-in-fy21-former-planning-commissions-abhijit-sen/2143543/ Abhijit Sen, also an expert on issues related to agriculture, further said that the government would not be able to double farmers’ income
World of cryptocurrencies has changed, India must rethink about its bitcoin rules – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/world-of-cryptocurrencies-has-changed-india-must-rethink-about-its-bitcoin-rules/2143674/ The US allowing a cryptocurrency index should prompt India to relook its cryptocurrency scepticism The country has one of the highest number of
RBI holds steady as it sides more with growth recovery than with its inflation objective – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/rbi-holds-steady-as-it-sides-more-with-growth-recovery-than-with-its-inflation-objective/2143694/ Despite raising its inflation forecast, RBI did not take immediate steps to reign in surplus liquidity, thereby choosing economic recovery over inflation control,
Create aggregation points for farm & MSME items, do minimal inspections: Piyush Goyal to states – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/create-aggregation-points-for-farm-msme-items-do-minimal-inspections-piyush-goyal-to-states/articleshow/79562088.cmsSynopsis Piyush Goyal has asked all states and Union Territories to create aggregation points for farm produce and products from micro, small and medium
Did American pet-owners help Biden beat Trump with help from star-campaigners Major and Champ?
Clipped from: https://economictimes.indiatimes.com/blogs/andwordsisallihave/did-american-pet-owners-help-biden-beat-trump-with-help-from-star-campaigners-major-and-champ/Raghu Krishnan A journalist who has lived all over India and is now based in Bangalore Consider these facts. Over 80 million Americans voted
Growth Over Fighting Inflation–economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/growth-over-fighting-inflation/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The Monetary Policy Committee (MPC) has voted for
Sebi’s Arbitrary Eclipse of 63 Moons–economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/sebis-arbitrary-eclipse-of-63-moons/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. Markets regulator Sebi has issued an order prohibiting
electric vehicles: Good business sense, but poor economics: Commercial EVs trudge along the bumpy road – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/policy-trends/good-business-sense-but-poor-economics-commercial-evs-trudge-along-the-bumpy-road/articleshow/79560003.cms SynopsisElectric mobility is said to be the future of a sustainable world. But not everyone is keen to finance that future. One of
Suspected honey brands such as Dabur, Patanjali, Emami set to escalate advertising to allay consumer fears – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/food/suspected-honey-brands-such-as-dabur-patanjali-emami-set-to-escalate-advertising-to-allay-consumer-fears/articleshow/79568280.cmsSynopsis Honey brands under scrutiny are ready to escalate advertising with increased, new campaigns on mainstream and social media to allay consumer fears, after
Insolvency case: NCLT allows plea for private sale of ABG Shipyard assets
Clipped from: https://economictimes.indiatimes.com/industry/transportation/shipping-/-transport/insolvency-case-nclt-allows-plea-for-private-sale-of-abg-shipyard-assets/articleshow/79566260.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The ruling by the dedicated bankruptcy court is expected to set a precedent in cases where the company is already admitted for liquidation
Auto sector sees revival in recruitment activity amid festive demand pick up – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-news/auto-sector-sees-revival-in-recruitment-activity-amid-festive-demand-pick-up/articleshow/79567170.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 SynopsisExecutive search firm ManpowerGroup India got 30 to 35% more job positions in auto and related sectors in September–October compared to hiring in
Socrates, status quo and solutions: What Shaktikanta Das talked of at RBI’s last policy review of 2020 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/socrates-status-quo-and-solutions-what-shaktikanta-das-talked-of-at-rbis-last-policy-review-of-2020/articleshow/79560009.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Das made some important observations about the current economic situation, before closing his address with a quote from Socrates: “We can be bitter
India biggest buyer of COVID-19 vaccine with 1.6 bn doses, experts say this could cover 60% population – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/india-biggest-buyer-of-covid-19-vaccine-with-1-6-bn-doses-experts-say-this-could-cover-60-population/articleshow/79569136.cmsSynopsis India has purchased 500 million doses of the Oxford University-AstraZeneca vaccine candidate, one billion from the US company Novavax and 100 million doses
Digital transactions: RBI increases limit for contactless card transactions to Rs 5,000 from January 1 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/personal-finance-news/rbi-increases-limit-for-contactless-card-transactions-to-rs-5000-from-january-1/articleshow/79560535.cmsSynopsis “In order to expand the adoption of digital payments in a safe and secure manner, it is proposed to enhance, at the discretion
Why not open Indian companies, both stressed and prime performers, to foreign lenders? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/why-not-open-indian-companies-both-stressed-and-prime-performers-to-foreign-lenders/articleshow/79570701.cms Unlike the affected countries in 1997, India does have healthy foreign exchange reserves, recently amounting to $568 billion. SynopsisUS fund Oaktree lent Rs
HDFC Bank outage: HDFC Bank’s problems may be linked to growing too fast – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/hdfc-banks-problems-may-be-linked-to-growing-too-fast/articleshow/79550016.cms SynopsisHDFC Bank is the largest credit card issuer with 1.49 crore cards is use according to RBI data. It is also one of
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