Clipped from: https://www.business-standard.com/article/opinion/handle-debt-with-care-121020402057_1.html Overall fiscal position can increase risks The fiscal deficit numbers announced in the Union Budget have surprised almost all analysts. According to the revised estimates,
Day: February 5, 2021
RBI’s monetary and Centre’s fiscal policy are moving hand-in-glove | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-s-monetary-and-fiscal-policy-moving-hand-in-glove-121020500686_1.html RBI has done exceptionally well in managing government’s extended borrowing this year when fiscal deficit has shot-up to 9.5 per cent of GDP
Inflation, Budget and its implications: RBI’s two guiding forces on rates | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/inflation-budget-and-its-implications-rbi-s-two-guiding-forces-on-rates-121020500358_1.html The other signals expected from the policy related to the rollback of measures announced during the pandemic The guiding forces for Friday’s monetary
Inflation worries play on RBI’s mind, dampen mood of bond market | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/inflation-worries-play-on-rbi-s-mind-dampen-mood-of-bond-market-121020500591_1.html Higher inflation projection rules out any rate cut possibility in the first half of FY22; bond yield jumps Reserve Bank of India governor
RBI keeps rates unchanged, invites retail investors directly to gilt mkt | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-keeps-rates-unchanged-invites-retail-investors-directly-to-gilt-mkt-121020500375_1.html The RBI said it will restore the cash-reserve ratio to its normal levels in two phases, 3.5 per cent (from 3 per cent
One nation one ombudsman: RBI to integrate consumer grievance redressal | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/one-nation-one-ombudsman-rbi-to-integrate-consumer-grievance-redressal-121020500534_1.html There are dedicated ombudsman schemes devoted to consumer grievance redressal in banking, non-bank finance companies and digital transactions, respectively, at present The Reserve
China’s pursuit of global finance | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/china-s-pursuit-of-global-finance-121020402074_1.html The swift liberalisation of China’s financial market could have unintended consequences for India and the world These columns have regularly followed the ongoing liberalisation of China’s financial
Mahindra & Mahindra Q3 net profit up 42% at Rs 1,268 cr; revenue grows 11% | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/mahindra-mahindra-q3-net-profit-up-42-at-rs-1-268-cr-revenue-grows-11-121020500656_1.html The company’s reported Ebitda came in at Rs 3,520.4 crore for the quarter under review Mahindra & Mahindra, on Friday, reported consolidated net
Spike in India bank’s stressed loans slower due to govt measures: Moody’s | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/spike-in-india-bank-s-stressed-loans-slower-due-to-govt-measures-moody-s-121020500796_1.html Ample domestic liquidity, loose monetary policy, moratoriums on loan repayments and government guaranteed loans to small businesses have supported Indian banks’ asset quality
‘MSMEs’ flawed belief of being too small to be attacked is root cause for ignorance of cyber security’ – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-tech-msmes-flawed-belief-of-being-too-small-to-be-attacked-is-root-cause-for-ignorance-of-cyber-security/2187848/ Technology for MSMEs: Attackers realize that with large scale technology adoption in the SME sector, the focus and awareness on security hasn’t reached
Disregard the miscreants, take the reforms forward – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/disregard-the-miscreants-take-the-reforms-forward/2188240/ The farmers must gracefully accept the Govt’s offer of further talks, while the PAnel set up by the SC continues deliberations with farmer
Proposed ARC to be adequately capitalised, says CEA – The Financial Express
Clipped from: https://www.financialexpress.com/economy/proposed-arc-to-be-adequately-capitalised-says-cea/2188138/ Moreover, since the ARC-AMC will be a private entity, the decision-making is expected to be swift, as its proposals need not be vetted
IBC mechanism needs structural changes to expedite faster resolution of companies – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/only-structural-changes-in-ibc-mechanism-can-help-to-expedite-the-faster-resolution-of-companies/articleshow/80478370.cmsSynopsis The structural reforms needed are an increase in the number of benches, outsourcing of administration function to a specialized agency, clarity on the
MCA amends definition of small companies, allows NRIs to incorporate One Person Companies – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/policy-trends/mca-amends-definition-of-small-companies-allows-nris-to-incorporate-one-person-companies/articleshow/80664903.cmsSynopsis The changes, announced by finance minister Nirmala Sitharaman during her budget speech on Monday, will come into effect from April 1, according to
Infrastructure push: Monetising assets, such as railway stations, requires a supporting institutional mechanism
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/infrastructure-push-monetising-assets-such-as-railway-stations-requires-a-supporting-institutional-mechanism/TOI Edit Times of India’s Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues of
Shot in the arm for banking reform–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/shot-in-the-arm-for-banking-reform/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The budget proposals to strengthen public sector banks
Key takeaways from the budget for businesses – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/key-takeaways-from-the-budget-for-small-businesses/articleshow/80666227.cmsSynopsis The government proposes to strengthen the NCLT framework, implement the e-courts system and alternate methods of debt resolution and special framework for MSMEs.
MCA amends definition of small companies, allows NRIs to incorporate One Person Companies – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/policy-trends/mca-amends-definition-of-small-companies-allows-nris-to-incorporate-one-person-companies/articleshow/80664903.cmsSynopsis The changes, announced by finance minister Nirmala Sitharaman during her budget speech on Monday, will come into effect from April 1, according to
FM doubles budgetary allocation for MSMEs, but one scheme gets the king’s share – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/fm-doubles-budgetary-allocation-for-msmes-but-one-scheme-gets-the-kings-share/articleshow/80680785.cmsSynopsis The Union Budget 2021-22 has earmarked an allocation of Rs 15,700 crore for the Ministry of Micro, Small and Medium Enterprises — more
FM does away with the need for GST Audit for a section of taxpayers–the economic times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/budget-2021-fm-does-away-with-the-need-for-gst-audit-for-a-section-of-taxpayers/articleshow/80681164.cms SynopsisThis will bring relief to SMEs that are struggling with the requirement for audits under numerous laws. A least expected yet positive development
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