Clipped from: https://economictimes.indiatimes.com/news/economy/finance/search-rescue-operation/articleshow/80792802.cmsSynopsis The 2021-22 deficit is projected to decline to 6.5%, still very high, and similar in size to India’s fiscal deficits after the 1991-92
Day: February 12, 2021
Fashion and lifestyle brands expect full recovery in the second half of 2021 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/fashion-/-cosmetics-/-jewellery/fashion-and-lifestyle-brands-expect-full-recovery-in-the-second-half-of-2021/articleshow/80790874.cms SynopsisEven though Covid-19 cases in India are on the decline, and most of the brick-and-mortar outlets are operational, the pandemic-induced economic slowdown still
Education, real estate, BFSI show sequential hiring growth in January: Naukri JobSpeak – BFSI INDUSTRY HIRING: –The Economic Times
Clipped from: https://economictimes.indiatimes.com/jobs/education-real-estate-bfsi-show-sequential-hiring-growth-in-january-naukri-jobspeak/articleshow/80834335.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The monthly index that calculates and records hiring activity based on the job listings on Naukri.com website showed education/teaching domain sector recording a
Need to do more: Bid to resolve Rs 5-lakh crore pain point for MSMEs sees tardy progress – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/need-to-do-more-bid-to-resolve-rs-5-lakh-crore-pain-point-for-msmes-sees-tardy-progress/articleshow/80824807.cms SynopsisCosts for MSMEs to do business is rising in all sorts of ways. Unpaid dues are central to their woes. For the financially
Banking disclosure: Playing Jekyll and Hyde: Some banks are not disclosing their overdue-loans data, and that is a worry – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/fintech-and-bfsi/playing-jekyll-and-hyde-some-banks-are-not-disclosing-their-overdue-loans-data-and-that-is-a-worry/primearticleshow/80796450.cms SynopsisThough the business between a customer and a bank is transactional, many customer-first banks like to treat it as a relationship. What happens
EPF interest rate: PPF stays out of tax on EPF interest – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/ppf-stays-out-of-tax-on-epf-interest/articleshow/80755824.cmsSynopsis “The cap is not applicable on PPF because there is already a limit of ₹1.5 lakh contribution in a year to PPF,” the
Cryptocurrency bill: Individuals, corporates to be fined for using digital money–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/cryptocurrency-bill-individuals-corporates-to-be-fined-for-using-digital-money/story/431004.html People, traders, exchanges, and other financial systems’ participants will not be permitted to deal in cryptocurrencies with penalties proposed in the draft law
Rebooting Economy 66: Is India facing credit deprivation to warrant corporation banks?–business today
Clipped from: https://www.businesstoday.in/opinion/columns/rebooting-economy66-is-india-facing-credit-deprivation-to-warrant-corporation-banks/story/430868.html RBI’s database, reports and other evidence show India is credit surplus; large industrial houses have high debt stress, and that easy credit poses
The Union Budget is marked by an overall compression of expenditures for agriculture – Frontline
The Thoppumpady fishing harbour in Kerala during the lockdown in August 2020. No allocation was made in the 2020-21 Budget for the Pradhan Mantri Matsya
A Budget that doubly punishes victims of the pandemic – Frontline
Migrant workers from Madhya Pradesh leaving Mumbai on foot on March 28, 2020, shortly after the nationwide lockdown was imposed. The Union Budget, which was
Amazon appeals to Supreme Court in Future-Reliance deal dispute: Report | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/amazon-appeals-to-supreme-court-in-future-reliance-deal-dispute-report-121021100142_1.html A New Delhi court this week dealt a blow to the U.S. firm by revoking a previous court decision that effectively blocked the
Regulation is key | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/regulation-is-key-121021001972_1.html Banning cryptocurrencies is a poor idea The government’s move to introduce a Cryptocurrency Bill in the Budget session is welcome. Regulators such as the Reserve Bank
The public sector has failed but private sector is hardly an inspiration | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/new-commanding-heights-121021001989_1.html Though private sector now creates more jobs than public sector, the scale of operations of even the giants in Indian biz has not
ACC net up 73% in Dec quarter on tax write-back – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/acc-net-up-73-in-dec-quarter-on-tax-write-back/article33812440.ece?homepage=true Govt’s thrust on infra spending will boost cement demand, says MD Revenue was up two per cent at ₹4,066 crore (₹3,970 crore). The
Ashok Leyland posts ₹19-cr loss in Q3 on VRS cost – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/ashok-leyland-posts-19-cr-loss-in-q3-on-vrs-cost/article33813554.ece Ashok Leyland reported a net loss of ₹19 crore for the quarter ended December 31, 2020 mainly due to a one-time VRS cost
Walking the tightrope – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/walking-the-tightrope/article33803024.ece The 15th Finance panel has pushed conditional grants, but left thorny issues untouched The recently released 15th Finance Commission report has been quite
Finance Bill fineprint can squeeze firms’ working capital – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/budget/finance-bill-fineprint-can-squeeze-firms-working-capital/article33813773.ece?homepage=true No input tax credit without matching invoice, Form C restrictions can have negative effect, say experts The fineprint of the Finance Bill has
Labour laws to be key to compliances in the post-Covid era – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/labour-laws-to-be-key-to-compliances-in-the-post-covid-era/article33812096.ece?homepage=true The recently enacted labour reforms will boost the well-being of industrious workers and economic growth – Bloomberg The recently enacted labour reforms will
Time for bonds that beat inflation–THE ECONOMIC TIMES
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/time-for-bonds-that-beat-inflation/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. Where is a pensioner to invest? The returns
Inflation: India inflation staying above 6% seen as risk to rates path – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/india-inflation-staying-above-6-seen-as-risk-to-rates-path/articleshow/80846143.cmsSynopsis Any rate hike proposed as a remedy risks snuffing out a nascent recovery in Asia’s third-largest economy, the person said. India’s central bank