Clipped from: https://www.thehindubusinessline.com/markets/forex/five-reasons-why-india-needs-to-add-to-record-forex-pile/article35091273.ece?homepage=true The pile touched a record $608 billion last month The rise in India’s foreign exchange reserves to above $600 billion may not be
Day: July 2, 2021
India’s balance of payments situation is comfortable despite the recent moderation – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/indias-balance-of-payments-situation-is-comfortable-despite-the-recent-moderation/2282318/ Import bill manageable if crude oil remains under $80/barrel; no big FPI pullouts if Fed sticks to normalisation calendar The surplus in the
MSME Minister Gadkari: Retailers and traders to be included under the MSME sector – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-minister-gadkari-retailers-and-traders-to-be-included-under-msme-sector/2282687/ Ease of Doing business for MSMEs: Wholesale and retail trading activities were earlier classified as MSMEs but a gazette notification dated June 2017
CJI N V Ramana: Rule of Law vs Rule by Law–indian express
Clipped from: https://indianexpress.com/article/opinion/columns/n-v-ramana-pd-desai-memorial-lecture-indian-judiciary-state-rule-of-law-constitution-7385031/ CJI N V Ramana: The former is what we fought for, the latter is an instrument of colonial rule. In the face of
A surplus India is happy to do without – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/a-surplus-india-is-happy-to-do-without/articleshow/84045002.cmsSynopsis For a lower middle-income, capital-scarce economy, it makes perfect sense to run up a current account deficit (CAD), investing more than domestic savings.
The risk of another taper tantrum remains. But India is relatively safe – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-the-risk-of-another-taper-tantrum-remains-but-india-is-relatively-safe/articleshow/84045711.cmsSynopsis India should not be over-worried. In 2013, it was highly vulnerable and was listed among the ‘fragile five’ EMs, along with Turkey, South
RBI extends interest subsidy scheme for exporters till September – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/rbi-extends-interest-subsidy-scheme-for-exporters-till-september/articleshow/84039262.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis “Government of India has approved the extension of Interest Equalization Scheme for Pre and Post Shipment Rupee Export Credit, with the same scope
The economics of loan guarantees – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/the-economics-of-loan-guarantees/2282335/ The Centre’s credit guarantee scheme pushes down the interest rates on savings as also PSBs’ interest income Now, guarantees have been going out
Jet Airways resolution: Shares to remain listed, new owners propose FPO – The Financial Express
Clipped from: https://www.financialexpress.com/industry/jet-airways-resolution-shares-to-remain-listed-new-owners-propose-fpo/2282331/ The consortium will invest a maximum sum of Rs 600 crore in the equity of the airline which will give them 89.79% stake
View from the edge | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/view-from-the-edge-121070101545_1.html The Union government is so fiscally ineffective that it can only spend an incremental 0.4 per cent of GDP on healthcare in a
Understanding IBC: Facts and implementation challenges – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/understanding-ibc-facts-and-implementation-challenges/article35071282.ece The principal objective of the law is to restructure and resolve insolvency of corporate persons, writes Hemant Batra Insolvency and Bankruptcy Code, 2016
MSME, retail NPAs may rise as relief measures get wound down – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/msme-retail-npas-may-rise-as-relief-measures-get-wound-down/article35084911.ece?homepage=true Urges banks to use favourable market conditions to shore up capital position The Reserve Bank of India on Thursday cautioned that banks face
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