Clipped from: https://indianexpress.com/article/opinion/editorials/pandemic-economic-contraction-international-food-prices-inflation-7388932/ Centre must lower import tariffs and reduce excise duty on diesel instead of reinstituting trade controls India’s annual consumer food inflation in May,
Day: July 5, 2021
MSME Associations worry over Gadkari’s move to include retailers and traders in MSME sector – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-associations-worry-over-gadkaris-move-to-include-retailers-and-traders-in-msme-sector/2284292/ Ease of Doing business for MSMEs: MSME associations have expressed their concern about the expansion of MSME definition fearing dilution of the sector
Government should bring provisions under IBC for priority settlement of MSME vendors’ dues, says expert – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-government-should-bring-provisions-under-ibc-for-priority-settlement-of-msme-vendors-dues-says-expert/2284430/ Ease of Doing Business for MSMEs: The government in April this year had introduced an ordinance for a pre-packaged insolvency resolution process for
New greater role for independent directors – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/new-greater-role-for-independent-directors/articleshow/84121698.cmsSynopsis It is welcome that Sebi has thoroughly revised its stipulations for independent directors (ID) so as to boost oversight and corporate governance across
Poorer Indian women lost more jobs, ate less amid the pandemic – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/poorer-indian-women-lost-more-jobs-ate-less-amid-the-pandemic/articleshow/84137515.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The report found about a tenth of the women surveyed saying they ate less or had run out of food while 16% had
‘Shocking”: SC issues notice to Centre on cases registered under scrapped law – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/shocking-sc-issues-notice-to-centre-on-cases-filed-under-scrapped-law/articleshow/84135951.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Appearing for petitioner NGO People’s Union for Civil Liberties, senior advocate Sanjay Parikh said that before Sec 66A was struck down, there were
Rs 82,000 cr lying in unclaimed bank a/cs, life insurance, mutual funds, PF: How to get your money back | How to get unclaimed deposit with bank
Clipped from: https://economictimes.indiatimes.com/wealth/invest/rs-82000-cr-lying-in-unclaimed-bank-a/cs-life-insurance-mutual-funds-pf-how-to-get-your-money-back/articleshow/84089095.cmsSynopsis ET Wealth estimates that more than Rs 82,000 crore of investor wealth is lying unclaimed in forgotten and lost investments. There are unclaimed
Bankruptcy: For a 90% haircut, try India’s bankruptcy salon – The Economic Times
lipped from: https://economictimes.indiatimes.com/markets/stocks/news/for-a-90-haircut-try-indias-bankruptcy-salon/articleshow/84130490.cmsSynopsis According to an analysis by REDD Intelligence, of the 4,300-plus stressed debtors that have been taken through the 2016 corporate insolvency law, 48%
India e-commerce rules: E-tailers red-flag clauses on related party, private labels – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/technology/india-e-commerce-rules-e-tailers-red-flag-clauses-on-related-party-private-labels/articleshow/84123703.cmsSynopsis Citing the “exhaustive and confusing“ nature of India’s draft e-commerce rules, the industry is seeking time until the end of July to submit
Vodafone Idea: Cash-strapped Vodafone Idea looks to monetise assets to raise $1 billion – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/telecom/telecom-news/cash-strapped-vi-looks-to-monetise-assets-to-raise-1-billion/articleshow/84130668.cmsSynopsis The telco needs to pay Rs 22,500 cr between December 2021 and April 2022 toward a mix of regular debt, adjusted gross revenue
Indian households to face more stress in FY22 with increasing debt: SBI Research – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/indian-households-to-face-more-stress-in-fy22-with-increasing-debt-sbi-research/articleshow/84135462.cmsSynopsis The situation was likely to worsen this year as a decline in bank deposits in FY21 coupled with rising health expenditure would pile
View: Trusting private parties with foreign exchange reserves is like putting a fox to guard the chickens – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/for-a-few-dollars-more/articleshow/84121724.cmsSynopsis Early June, reserves touched a record high of $608 billion, making India the world’s fifth-largest reserve-holding country. By any yardstick, we’ve come a
Call to action to avert distress – The Economic Times
lipped from: https://economictimes.indiatimes.com/opinion/et-editorial/call-to-action-to-avert-distress/articleshow/84121703.cmsSynopsis Financial Stability Report has worrisome data The Financial Stability Report of RBI reveals a picture of relative strength, with the ratio of non-performing
Losses to continue for few years but e-grocers playing for big profits – The Financial Express
Clipped from: https://www.financialexpress.com/industry/losses-to-continue-for-few-years-but-e-grocers-playing-for-big-profits/2283799/ Goldman Sachs expects grocery to be the biggest driver of incremental gowth, with a 44% contribution to incremental e-commerce gross merchandise value (GMV)
Tata Motors to remain sharply focused on high-growth segments of the market | Business Standard News
Clipped from: https://www.business-standard.com/article/automobile/tata-motors-to-remain-sharply-focused-on-high-growth-segments-of-the-market-121070400579_1.html Encouraged by turnaround in passenger vehicle business in terms of volumes, market share and brand recall, the firm is no longer in a
Brazen gaming of bankruptcy process on | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/brazen-gaming-of-bankruptcy-process-on-121070500012_1.html According to the data from the Insolvency and Bankruptcy Board of India (IBBI), in over 363 major NCLT resolutions since 2017, banks have
To ban or not to ban cryptocurrency | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/to-ban-or-not-to-ban-cryptocurrency-121070400743_1.html As lobbying and counter-lobbying intensify, right now, it looks like a T20 match. We need to wait till the last over is bowled
Plastic exports may jump 20-25 pc in FY22: PLEXCONCIL Chairman – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/plastic-exports-may-jump-20-25-pc-in-fy22-plexconcil-chairman/article35130829.ece?homepage=true Says Government support needed The country’s plastic exports are expected to grow 20-25 per cent to USD 12 billion in the current fiscal
How individuals shape institutions – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/books/how-individuals-shape-institutions/article35135615.ece?homepage=true Title: Values in LeadershipAuthor: Narayanan VaghulPublisher: N VahgulPrice: ₹250 Title: Values in LeadershipAuthor: Narayanan VaghulPublisher: N VahgulPrice: ₹250× RK Talwar, SBI’s legendary Chairman,
Saving grace – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/the-finance-ministry-has-done-well-not-to-pare-small-savings-rate-in-these-times/article35135464.ece?homepage=true The Finance Ministry has done well not to pare small savings rate in these times The Centre has done well to preserve the