Clipped from: https://www.financialexpress.com/economy/we-dont-want-to-rock-the-boat-as-we-approach-the-shore-rbi-governor-shaktikanta-das/2346772/ The central bank said it would discontinue purchases of gilts under the GSAP but re-assured the markets liquidity would remain adequate. Das asserted
Month: October 2021
RBI: People vs. banks: Will the common man benefit as the transparency fight enters the last leg? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/fintech-and-bfsi/people-vs-banks-will-the-common-man-benefit-as-the-transparency-fight-enters-the-last-leg/primearticleshow/86787645.cms SynopsisThe RBI and banks are believed to be working on ways to give better public disclosure. A draft will be presented to the
RBI Policy: Right move to hold rates, stance – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/rbi-policy-right-move-to-hold-rates-stance/articleshow/86877337.cmsSynopsis It was right and bold on the MPC’s part to suggest the way to tackle the spike in fuel prices is to lighten
For Tata Group, the acquisition of Air India is fraught with huge risks – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/for-tata-group-the-acquisition-of-air-india-is-fraught-with-huge-risks/articleshow/86877572.cmsSynopsis Having three separate airlines could be a disaster in the making. Merging the three will result in huge cost savings, including reduced people
Rather moody – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/rather-moody/article36882276.ece?homepage=true Revision in Moody’s outlook to ‘stable’ is welcome but Centre should push for sovereign ratings upgrade It is difficult to say if Moody’s
Some zing and freshness in recent IPOs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/some-zing-and-freshness-in-recent-ipos/article36882411.ece?homepage=true While Zomato scores on the cost front, Freshworks does better in price discovery and processing speed by listing in the US Going public
Srei firms found ever-greening NPAs, in payment default – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/srei-firms-found-ever-greening-npas-in-payment-default/article36885428.ece As on March 31, 2020, Srei Infra had a negative CRAR of 3.4% against the regulatory requirement of 15% Concerns over ever-greening of
Asset quality back to pre-Covid levels: Axis Bank MD & CEO Amitabh Chaudhry | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/asset-quality-back-to-pre-covid-levels-axis-bank-md-ceo-amitabh-chaudhry-121100701543_1.html ‘The RBI has started normalising its extraordinary injection of liquidity in a calibrated manner’, said Chaudhry Amitabh Chaudhry, managing director and chief executive
Boom time: 31 and counting, happy hour for India’s unicorn club | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/boom-time-31-and-counting-happy-hour-for-india-s-unicorn-club-121100800030_1.html The great unicorn rush, that started with Digit Insurance this year, has covered diverse sectors from fintech to e-shopping and even cloud kitchen
Improving farm support | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/improving-farm-support-121100701506_1.html The sector needs a more focused approach The initial government estimates suggest kharif grain output this year would hit another record. A higher
The mirage of economic recovery | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-mirage-of-economic-recovery-121100701458_1.html The prospects for the middle class in India are dwindling A word that has been used for several years now is recovery. It
Out of power | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/out-of-power-121100701500_1.html Chronic poor planning has precipitated the coal shortage India’s post-pandemic recovery could literally face a blackout thanks to poor planning by state-owned Coal India Ltd
Demerger to give a push to both pharma and financial services: Ajay Piramal | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/demerger-to-give-a-push-to-both-pharma-and-financial-services-ajay-piramal-121100701127_1.html In a Q&A, the Chairman of Piramal Group talks about the prospects of both businesses, the rationale for the demerger and how supply
Srei’s great leap back underlines high-risk nature of NBFC business | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/srei-s-great-leap-back-underlines-high-risk-nature-of-nbfc-business-121100701407_1.html In the past three decades, the Kanorias have weathered many a crisis, including the NBFC crisis of the 1990s and the global financial
Dixon Technologies to make Acer laptops in India under PLI scheme | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/dixon-technologies-to-make-acer-laptops-in-india-under-pli-scheme-121100800027_1.html Dixon is an eligible player for the PLI scheme under the IT hardware category Dixon will also be the first domestic manufacturer to
Solar module supplies: More local firms to gain from indigenisation policy – The Financial Express
Clipped from: https://www.financialexpress.com/industry/solar-module-supplies-more-local-firms-to-gain-from-indigenisation-policy/2346048/ The government had earlier mandated that all solar projects bid out after April 10 under Central government schemes will have to use equipment
Decentralised finance: Unlocking the potential of digital currencies – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/decentralised-finance-unlocking-the-potential-of-digital-currencies/2345983/ Apart from just an alternate way to pay and settle immediate cash transactions, DeFi unlocks the potential of digital currencies by allowing them
GST: Breaking the tyranny of status quo – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/gst-breaking-the-tyranny-of-status-quo/2345997/ Rationalise rates, include petroleum products Besides complicating the tax, it has created anomalies in terms of inverted duty structure on a number of
Monetary policy: Is it time for the RBI to bite the bullet on interest rates? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/monetary-policy-is-it-time-for-the-rbi-to-bite-the-bullet-on-interest-rates/articleshow/86850026.cmsSynopsis The RBI has been patient and optimistic about inflation so far. But the ripples of inflationary speculation are beginning to be felt in
India’s online food services have plenty of room to grow – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/startups/indias-online-food-services-have-plenty-of-room-to-grow/articleshow/86842016.cmsSynopsis The post-pandemic revival in India’s online food services industry has made Zomato a listed firm, drawn millions for Swiggy, and turned Rebel Foods