Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/just-not-enough-gois-economic-package-wont-make-a-real-difference-india-needs-a-fiscal-stimulus/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
Day: June 29, 2021
Revival after April-June: Thanks to boosters of vaccination, ample liquidity and upswing in global growth
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-edit-page/economy-revival-after-april-june-thanks-to-boosters-of-vaccination-ample-liquidity-and-upswing-in-global-growth/Sonal Varma The writer is the Chief Economist for India and Asia (minus Japan) at Nomura India’s economy and its citizens have just endured
A non-performing code for bad debt – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/c-p-chandrasekhar/a-non-performing-code-for-bad-debt/article35023396.ece?homepage=true Five years after the Insolvency and Bankruptcy Code was enacted, banks are still struggling to recover the vast sums they have lent In
Onus on banks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/onus-on-banks/article35023455.ece?homepage=true Renewed credit push to informal sector welcome, but banks need to shed conservatism for the proposals to work The Centre’s credit-driven push to
All you need to know about Meme stocks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/slate/all-you-need-to-know-about/article35023447.ece Meme stocks, what many believed was a pandemic-induced diversion, seems to be staying on as a trend. Beginning with AMC Entertainment, GameStop and
India has managed its external sector well – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/india-has-managed-its-external-sector-well/article35023198.ece Forex reserves are healthy and CAD is sustainable, thanks to encouraging long-term non-debt creating capital inflows India has faced two major crises in
The post-Covid economy | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-post-covid-economy-121062801507_1.html There is a strong case for the government to shift its attention from the economy to public service management The Indian economy has clearly fallen
The credit push | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/the-credit-push-121062801488_1.html Relief package is well-intentioned but won’t move the needle much Union Finance Minister Nirmala Sitharaman on Monday announced another set of measures to provide relief
How many years have we lost to coronavirus? | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/bs-number-wise-how-many-years-have-we-lost-to-coronavirus-121062800255_1.html One measure is the change in gross domestic product (GDP). The pandemic chipped away 7.3 per cent of India’s real GDP in 2020-21
Large part of FM’s stimulus package will work only in medium-term | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/large-part-of-fm-s-stimulus-package-will-work-only-in-medium-term-121062800965_1.html The government and the central bank’s credit measures appear to show India has gotten its priorities against a possible third wave of Covid-19.
Tax cuts for individuals, companies needed to boost demand, say economists | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/tax-cuts-for-individuals-companies-needed-to-boost-demand-say-economists-121062801313_1.html While the measures announced on Monday are focussed more on the supply side, these steps would take a lot of time to move
Financial Express MSME Webinar 2021: Business Webinars, MSME Webinar by Entrepreneurs
Clipped from: https://www.financialexpress.com/industry/sme/msme-minister-gadkari-announces-integration-of-udyam-with-cscs-a-dashboard-to-monitor-schemes/2280190/ Ease of Doing Business for MSMEs: Minister for MSME Nitin Gadkari said there is a need to focus on all-round efforts for the
No respite to the shipping crisis and that’s bad news for Indian SMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/no-respite-to-the-shipping-crisis-and-thats-bad-news-for-indian-smes/articleshow/83911708.cmsSynopsis In India, October is the onset of the holiday season, similar to that in the US. Hence, it is usually the time when
Vehicle scrappage policy can provide positive push to new automotive circular economy: EY – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-news/vehicle-scrappage-policy-can-provide-positive-push-to-new-automotive-circular-economy-ey/articleshow/83922733.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis In its latest report — Scrappage policy for the automotive sector is here! Mobility Roadmap in Circular Economy — EY India said original
It is a ”lifeline dose” to a wide number of sectors: ASSOCHAM on Rs 6.29 lakh crore stimulus package – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/it-is-a-lifeline-dose-to-a-wide-number-of-sectors-assocham-on-rs-6-29-lakh-crore-stimulus-package/articleshow/83923368.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Mr Sood added on top of ECLGS, Loan Guarantee Scheme for Covid affected sectors, to the tune of Rs 1.10 lakh crore and
Fiscal impact of fresh stimulus package under 1% of GDP: Experts – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/fiscal-impact-of-fresh-stimulus-package-under-1-of-gdp-experts/articleshow/83933280.cmsSynopsis According to the finance ministry, the total value of the latest package came up to Rs 6.29 lakh crore, representing about 3% of
Nirmala Sitharaman Announcements today: Expanded ECLGS, tourist visa, Atmanirbhar jobs among FM Nirmala Sitharaman’s new stimulus measures – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/nirmala-sitharaman-announces-eight-economic-relief-measures-among-others/articleshow/83916894.cmsSynopsis Union Finance Minister Nirmala Sitharaman addressed a press conference on Monday announcing eight economic relief measures, four of which are new including one
Handset PLI timeline extension will boost investor confidence: Industry – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/electronics/handset-pli-timeline-extension-will-boost-investor-confidence-industry/articleshow/83921416.cmsSynopsis “This extension would not only support the Government’s efforts to establish India as an integral part of the Global Value Chain (GVC) in
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