Clipped from: https://www.thehindubusinessline.com/money-and-banking/delinquencies-have-worsened-but-not-as-bad-as-initially-feared/article33579886.ece The loan restructuring window has just ended, and it will take another 45 days for more clarity on defaults in the housing finance
Day: January 16, 2021
Why a ‘bad bank’ may not work well – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/why-a-bad-bank-may-not-work-well/article33582553.ece While shifting toxic assets to a bad bank will help banks lend more, it does not address the core issue of NPAs Bad
Supreme Court order on farm laws: None to praise and very few to love it | Business Standard BS Special
Clipped from: https://www.business-standard.com/article/opinion/supreme-court-order-on-farm-laws-none-to-praise-and-very-few-to-love-it-121011500390_1.html The order illustrates the axiom, that Indian judiciary’s idea of justice is that when two people fight in court over a 100 rupee
Old problem, older solution | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/old-problem-older-solution-121011401468_1.html State-controlled DFIs will have the same problems as PSBs One of the moves that the government is reportedly taking to increase investment in
What unicorns’ coming of age means for big business and retail investors | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/what-unicorns-coming-of-age-means-for-big-business-and-retail-investors-121011501203_1.html While foreign investors like Japan’s Softbank, China’s Alibaba, and the US’ Sequoia are big players in the start-up space, India doesn’t have a
RAI urges govt to formulate of national retail policy, allow retailers to register under MSMEs – The Financial Express
Clipped from: https://www.financialexpress.com/budget/budget-2021-rai-urges-govt-to-formulate-of-national-retail-policy-allow-retailers-to-register-under-msmes/2171621/ At this juncture, all efforts are required to boost the local economy and help revive retail, saving millions of jobs. Budget 2021-22 will
Road to Recovery: Imports rise for the first time in 10 months – The Financial Express
Clipped from: https://www.financialexpress.com/economy/imports-rise-for-the-first-time-in-10-months/2171928/ Reflect nascent revival of domestic demand Merchandise exports inched up in December, for a second time since February 2020, while imports advanced for
tata group: Resurgent Tata is most valued group, again – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/resurgent-tata-is-most-valued-group-again/articleshow/80260910.cms Synopsis–The Tata Group has gained Rs 1.9 lakh crore or 13 per cent in overall market cap in one month and Rs 3.33
Why pensioners should fund unicorns–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/why-pensioners-should-fund-unicorns/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. Commerce and Industry Minister Piyush Goyal is spot
Ajay Piramal wins the most contested bankruptcy bid for Dewan Housing Finance Ltd – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/ajay-piramal-wins-the-most-contested-bankruptcy-bid-for-dewan-housing-finance-ltd/articleshow/80289989.cmsSynopsis Piramal’s bid received about 94 percent of votes of the creditors, followed by Oaktree at 45 percent, sources told ET. Adani Capital obtained
Seal GST with a KISS — ‘Keep It Simple, Stupid’ should be the watchword for GST reform – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-seal-gst-with-a-kiss-keep-it-simple-stupid-should-be-the-watchword-for-gst-reform/articleshow/80279352.cmsSynopsis GST is still a complicated regime with varying slabs, not easy to comprehend or comply with, and open to interpretation. Captain GR Gopinath
PMKVY scheme: Govt to start skills training under Pradhan Mantri Kaushal Vikas Yojana in 600 districts – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/govt-to-start-skills-training-under-pradhan-mantri-kaushal-vikas-yojana-in-600-districts/articleshow/80284319.cmsSynopsis Under the scheme government will train 8 lakh candidates over next three months with an outlay of Rs 948.90 crore with focus on
No blanket extension of Companies Fresh Start Scheme: Ministry of Corporate Affairs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/no-blanket-extension-of-companies-fresh-start-scheme-ministry-of-corporate-affairs/articleshow/80284639.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Aiming to improve corporate compliance, the ministry had launched the CFSS and amended the LLP Settlement Scheme in March last year, allowing firms
Why technology is the only path to sustained growth for MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/why-technology-is-the-only-path-to-sustained-growth-for-msmes/articleshow/80281133.cms?utm_source=Desktop&utm_medium=HP_ETGreatReads&utm_campaign=DPSynopsis The Economic Times Digital Payments Forum presented by Mastercard aims to start a dialogue on how digital technology and small businesses can profitably
shipping: Surging shipping rates pose new headwind for the global economy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/surging-shipping-rates-pose-new-headwind-for-the-global-economy/articleshow/80282780.cmsSynopsis Just a few weeks ago, the bottlenecks at ports from Singapore to Los Angeles and Rotterdam were looking like short-term headaches and added
China economy: A year after Covid began, China’s economy is beating world – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/a-year-after-covid-began-chinas-economy-is-beating-world/articleshow/80283084.cmsSynopsis After withstanding President Donald Trump’s trade war, China is deepening economic ties within Asia and Europe and looking to domestic consumption to power
Allahabad HC judgment on Special Marriage Act is welcome–indian express
Clipped from: https://indianexpress.com/article/opinion/editorials/special-marriage-act-interfatith-couples-anti-conversion-law-7146632/ Allahabad HC rings a welcome note of constitutional caution against reckless state intrusion on personal life The Allahabad High Court judgment striking down
The fiscal situation will not stabilise in 2020-21 unless consumption improves | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/the-union-budget-should-focus-on-enhancing-credit-flows-to-the-small-and-marginal-farmers-increase-investment-in-health-and-education-7145251/ The Union budget should focus on enhancing credit flows to the small and marginal farmers, increase investment in health and education. The first