Clipped from: https://www.thehindubusinessline.com/opinion/columns/the-cheat-sheet/why-farmers-are-pitched-outside-delhi/article33233796.ece Since November 26, farmers from Punjab and Haryana and other northern States have been camping outside Delhi in an effort to force the
Month: December 2020
US district judge strikes down Trump’s new H-1B visa rules – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/us-district-judge-strikes-down-trumps-new-h-1b-visa-rules/article33233997.ece?homepage=true In a move that could bring cheer to Indian techies looking to work in the US, a California judge has struck down the
Look beyond rate cut to boost credit flow – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/look-beyond-rate-cut-to-boost-credit-flow/article33233880.ece The RBI’s steps have ensured adequate liquidity and lower interest rates. Banks must now step up and boost lending Ever since the pandemic
Global reset – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/global-reset/article33233781.ece?homepage=true Covid-induced economic crisis is altering paradigms in trade and policy-making The 37-member, EU-dominated, Organisation of Economic Cooperation and Development (OECD) has broadly concurred
Fiscal support can contain GDP contraction – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/fiscal-support-can-contain-gdp-contraction/article33233731.ece?homepage=true The positive momentum in manufacturing and construction is likely to continue in the third and fourth quarters – Bloomberg The positive momentum in
India’s answer to angry farmers is not to reverse course but to go further | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/india-s-answer-to-angry-farmers-is-not-to-reverse-course-but-to-go-further-120120300222_1.html Policies designed for an India on the edge of starvation don’t fit the India of today, which should be more worried about quality
60 companies submit bids for Reliance Capital’s asset monetisation | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/strong-response-for-reliance-capital-s-asset-sale-60-firms-submit-bids-120120201240_1.html Oaktree, JC Flowers, 6 others submit EoIs for entire company The sale of Reliance Capital’s (RCap’s) assets by Indian banks has received overwhelming
Halt digital launches, stop selling new credit cards: RBI tells HDFC Bank | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/halt-digital-launches-stop-selling-new-credit-cards-rbi-tells-hdfc-bank-120120300354_1.html The RBI issued the order with regard to certain incidents of outages in the internet banking/ mobile banking/ payment utilities of HDFC Bank
Covid vaccination debut | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/covid-vaccination-debut-120120201496_1.html The UK’s experience could provide some pointers The United Kingdom became the first country in the world to approve the Pfizer/BioNTech vaccine, which
Wherever we’ve seen unlocking, we’ve seen a revival in demand: SBI Chairman | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/wherever-we-ve-seen-unlocking-we-ve-seen-a-revival-in-demand-sbi-chairman-120120300015_1.html Inflation rate in excess of 7% is essentially attributed to supply-side constraints, says chairman State Bank of India (SBI) Chairman DINESH KHARA doesn’t hesitate to
Aim long term for a strong currency | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/aim-long-term-for-a-strong-currency-120120201521_1.html Strong currencies reflect strong economies Is a strong currency not desirable for India? There seems to be broad acceptance that a declining rupee is essential for exports.
Lakshmi Vilas Bank comes under Sebi scanner for ‘insider trading’ | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/lakshmi-vilas-bank-comes-under-sebi-scanner-for-insider-trading-120120201540_1.html Based on an exchange’s surveillance report, the regulator is examining trading in the scrip between 2018 and 2019 Capital markets regulator Securities and Exchange Board of
UK approves Pfizer, becomes the first country to roll out Covid-19 vaccine | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/uk-approves-pfizer-becomes-the-first-country-to-roll-out-covid-19-vaccine-120120300040_1.html With 800,000 doses expected to be delivered over the next few days, inoculations will begin next week Pfizer, which is exporting its vaccine
After e-commerce, CCI looks at pharma sector to unlock competition | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/after-e-commerce-cci-looks-at-pharma-sector-to-unlock-competition-120120300026_1.html Will study the role of trade associations and e-pharmacies in supply chain and whether they’re distorting competition The Competition Commission of India (CCI)
Bank lending, deposit rates have bottomed out: SBI chief Dinesh Khara | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/bank-lending-deposit-rates-have-bottomed-out-sbi-chief-dinesh-khara-120120300037_1.html Khara said SBI and other banks in the country were aware that the economy required softer rates to continue. Bank lending rates “have
ICICI Bank, Indian Bank at risk of becoming ‘fallen angels’, warns S&P | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/icici-bank-indian-bank-at-risk-of-becoming-fallen-angels-warns-s-p-120120201553_1.html S&P terms an entity a “fallen angel” if its rating is lowered to speculative-grade from investment-grade Many potential “fallen angel” banks — including ICICI
IDBI Bank puts home loan, LAP, corporate NPAs worth around Rs 970 cr on sale – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/idbi-bank-puts-home-loan-lap-corporate-npas-worth-around-rs-970-cr-on-sale/2141862/ Loans to two Bhubaneswar-based companies — Raipur Power & Steel and Parth Concast — are being offered at a total reserve price of
Monetary policy fails to stimulate the economy – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/monetary-policy-fails-to-stimulate-the-economy/2142002/ Subdued credit growth is a bigger concern than rising inflation. Time for the MPC to shed light on this inability to revitalise demand
Pagar khata App: Khatabook introduces Pagar khata App to digitize staff management for MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/khatabook-introduces-pagarkhata-app-to-digitize-staff-management-for-msmes/articleshow/79528078.cmsSynopsis Pagarkhata app is equipped with a interface available in 13 languages, enabling hassle-free access for business owners across linguistic backdrops. NEW DELHI: Khatabook has launched
Afghan Challenge for President-Elect Biden–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/afghan-challenge-for-president-elect-biden/ A key task before President Joe Biden would be to contain the damage wrought by his predecessor’s decision to withdraw most troops, save