Clipped from: https://www.business-standard.com/article/finance/india-s-bad-bank-plan-sparks-concern-loan-prices-could-be-inflated-121020300274_1.html There are many details about the bad bank that policy makers haven’t clarified, including its ownership structure, which makes any analysis challenging India’s
Month: February 2021
Future to challenge court order blocking retail deal after Amazon objection | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/future-to-challenge-court-order-blocking-retail-deal-after-amazon-objection-121020300309_1.html An Indian court blocked Future Group’s sale of a swathe of assets to rival Reliance Industries on Tuesday after Amazon raised objections to
Revised fiscal deficit indicates a larger expenditure – The Financial Express
Clipped from: https://www.financialexpress.com/budget/revised-fiscal-deficit-indicates-a-larger-expenditure/2186596/ While there is optimism building up on the fiscal policy side, one concern that remains is on the quality of expenditures proposed for
Union Budget 2021: Budget pogressive on all fronts – The Financial Express
Clipped from: https://www.financialexpress.com/budget/union-budget-2021-budget-pogressive-on-all-fronts/2186592/ The overall FY22 health and well-being spend has been pegged at `2.23 lakh crore. Of this, `35,000 crore has been earmarked for the
Revenue, expenditure numbers realistic–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/revenue-expenditure-numbers-realistic/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The concern raised in some quarters that the
Budget’s big dreams for infrastructure–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/budgets-big-dreams-for-infrastructure/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The budget seeks to raise resources for infrastructure
3 PSU banks likely to be out of PCA framework by March: DFS Secretary – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/3-psu-banks-likely-to-be-out-of-pca-framework-by-march-dfs-secretary/articleshow/80653126.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Indian Overseas Bank, Central Bank of India and UCO Bank are currently under this framework which puts several restrictions on them, including on
MSME sector: Budget 2021: Left to survive on their own, lament MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/budget-2021-left-to-survive-on-their-own-laments-msmes/articleshow/80661511.cms Synopsis–Finance Minister Nirmala Sitharaman’s measures to give a leg up to the MSME sector in the Budget have left the fraternity largely unimpressed.
Sitharaman’s bad bank plan sparks concern loan prices could be inflated – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/sitharamans-bad-bank-plan-sparks-concern-loan-prices-could-be-inflated/articleshow/80662384.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis There are many details about the bad bank that policy makers haven’t clarified, including its ownership structure, which makes any analysis challenging. But
A bold Budget under challenging conditions – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/a-bold-budget-under-challenging-conditions/articleshow/80657193.cms Synopsis2021 is here, bringing with it a feeling of hope and optimism. India has done well to limit the spread of Covid over
Electronics giants make India hub for exports – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/electronics/electronics-giants-make-india-hub-for-exports/articleshow/80656813.cms Synopsis–These global companies in India were only exporting to smaller emerging markets such as the SAARC, Middle East, South Asian, African and Latin
Info-based assessments will help reduce harassment of taxpayers: PC Mody, CBDT chairman – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/info-based-assessments-will-help-reduce-harassment-of-taxpayers-pc-mody-cbdt-chairman/articleshow/80660999.cmsSynopsis The provision, announced in the budget for 2021-22 on Monday, along with limiting the time to three years from six years for opening
Despite appearances, Budget 2021 effectively continues to follow a conservative fiscal path – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-despite-appearances-budget-2021-effectively-continues-to-follow-a-conservative-fiscal-path/articleshow/80655948.cmsSynopsis Interestingly though, the FM’s speech did not betray any policy stance to indicate that GoI had finally decided to spend its way out
GoM to decide bare minimum PSUs in strategic sectors: Tuhin Kanta Pandey, DIPAM secretary – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/gom-to-decide-bare-minimum-psus-in-strategic-sectors/articleshow/80659733.cmsSynopsis The government’s focus will be on strategic divestment as its shareholding in most PSEs is close to 51%, leaving little room for minority
Tax on PF: Decision to tax PF interest based on the principle of equity: Ajay Bhushan Pandey, Revenue secretary – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/decision-to-tax-pf-interest-based-on-principle-of-equity/articleshow/80659731.cms Deepshikha SikarwarEditor, The Economic TimesSynopsis In the budget announced on Monday, the govt said interest earned on Employees’ Provident Fund contributions of ₹2.5
Punjab & Sind Bank, BoM and BoI are likely privatisation candidates – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/punjab-sind-bank-bom-and-boi-are-likely-privatisation-candidates/2186683/ The government has proposed to introduce required legislative amendments for privatisation of two PSBs in the Budget session itself. Lack of interest among
सोज्ज्वळ व कणखर : निर्मला सीतारामन –महाराष्ट्र टाइम्स
Clipped from: https://maharashtratimes.com/editorial/manasa/finance-minister-nirmala-sitharamans-third-union-budget-2021/articleshow/80641359.cms भारताच्या पहिल्या पूर्णवेळ महिला अर्थमंत्री निर्मला सीतारामन यांनी आपला तिसरा अर्थसंकल्प सादर केला आणि त्यांच्या सोज्ज्वळ, विनम्र, अभ्यासू; पण कणखर अशा प्रतिमेची चर्चा
Getting back on track: on Union Budget 2021 – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/getting-back-on-track/article33721360.ece In times that call for deft stewardship of the economy, this year’s Budget is a starting point Finance Minister Nirmala Sitharaman made a
Spending more to stimulate growth – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/spending-more-to-stimulate-growth/article33719861.ece?homepage=true An attempt has been made for a fiscal framework that is both credible and acceptable. But worries remain on fiscal deficit The current
Stricter rules for non-complaint taxpayers – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/budget/budget-stricter-rules-for-non-complaint-taxpayers/article33727244.ece?homepage=true Will suffer a higher rate of tax deduction at source On one hand where the Finance Minister had proposed the easing of certain
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