Clipped from: https://www.thehindubusinessline.com/economy/crude-prices-down-but-retail-prices-of-fuels-remain-high/article37857689.ece The reprieve consumers have got is from cuts in Central, State levies Petrol/diesel consumers are yet to get the benefit of easing international
Day: December 6, 2021
Monetary policy: Status quo on rates and stance likely | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/monetary-policy-status-quo-on-rates-and-stance-likely-121120500870_1.html The economy is recovering fast but nobody knows yet how serious the Omicron threat is. The RBI can afford to err on the
Modernise data system | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/modernise-data-system-121120500978_1.html Economic data must be released during market hours Last week, the National Statistical Office of the Union government released the gross domestic product
IT min asks bankers to create robust platform for easy credit availability | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/it-min-asks-bankers-to-create-robust-platform-for-easy-credit-availability-121120500465_1.html IT Minister Ashwini Vaishnaw exhorted the banking industry to create an innovative digital platform for providing quick and easy credit to MSMEs, small
The wrong regulator for fintech | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-wrong-regulator-for-fintech-121120301623_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Newsletter_11072018 There has to be accountability for the central bank’s errors in the past The Reserve Bank of India (RBI) is determined to maintain
From Plate to Plough: Harvesting solar to breathe easy – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/from-plate-to-plough-harvesting-solar-to-breathe-easy/2382496/ Pushing the northern states’ farmers away from rice and incentivising solar power generation as an ‘alternative crop’ can help clean up Delhi’s air
Oil’s not well with domestic production – The Financial Express
lipped from: https://www.financialexpress.com/opinion/oils-not-well-with-domestic-production/2382504/ With elevated global oil prices, stepping up domestic production must be prioritised at all costs To reduce vulnerability to high and volatile global
Why e-invoicing system has been a roller coaster ride for MSMEs so far – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-eodb-why-e-invoicing-system-has-been-a-roller-coaster-ride-for-msmes-so-far/2382412/ Ease of Doing Business for MSMEs: Many medium and small enterprises lack storage arrangements. You can be affected by the lack of storage
Reverse repo status quo needed to give more time for economic recovery to strengthen: Report – The Financial Express
Clipped from: https://www.financialexpress.com/economy/reverse-repo-status-quo-needed-to-give-more-time-for-economic-recovery-to-strengthen-report/2382357/ The Reserve Bank of India (RBI) has been sucking out excess liquidity through other measures so far, which has resulted in liquidity surplus
RBI likely to keep key policy rate unchanged, say experts – The Financial Express
Clipped from: https://www.financialexpress.com/economy/rbi-likely-to-keep-key-policy-rate-unchanged-say-experts/2382352/ The Reserve Bank Governor-headed Monetary Policy Committee (MPC) is scheduled to meet during December 6-8, 2021. The central bank had kept the benchmark
Over 5 lakh retail, wholesale trade Udyam registrations in 5 months since inclusion under MSME – The Financial Express
lipped from: https://www.financialexpress.com/industry/sme/msme-eodb-over-5-lakh-retail-wholesale-trade-udyam-registrations-in-5-months-since-inclusion-under-msme/2382377/ Ease of Doing Business for MSMEs: The inclusion of retail trade and wholesale trade in the MSME category was essentially a restoration of
How to choose the best travel insurance to protect your travel plans from getting derailed – The Financial Express
Clipped from: https://www.financialexpress.com/money/insurance/how-to-choose-the-best-travel-insurance-to-protect-your-travel-plans-from-getting-derailed/2381443/ The Covid-19 pandemic has made people understand the need of having a good insurance cover – be it life insurance, health insurance, travel
Use GST data to raise direct tax revenue – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/use-gst-data-to-raise-direct-tax-revenue/articleshow/88110185.cmsSynopsis Transparency as to employee compensation leads to better taxation of employee incomes. The more complete the GST chain, the better eventual realisations of
MoUs with Amazon by states ‘unfortunate’: Confederation of All India Traders – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/mous-with-amazon-by-states-unfortunate-confederation-of-all-india-traders/articleshow/88109447.cmsSynopsis Such MOUs are strongly contradicting “Aatmanirbhar Bharat” and “Vocal for Local” campaign initiated by Prime Minister Narendra Modi, the CAIT said. The traders’
Outgoing CEA on crypto laws, covid collaterals and the big farm U-turn – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/outgoing-cea-on-crypto-laws-covid-collaterals-and-the-big-farm-u-turn/articleshow/88110492.cms SynopsisChief economic advisor Krishnamurthy Subramanian does not see the repeal of the farm laws as a setback to the government’s reforms agenda. In
Time of ‘extreme pain’ in India, economy below 2019 levels: Abhijit Banerjee – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/time-of-extreme-pain-in-india-economy-below-2019-levels-abhijit-banerjee/articleshow/88101185.cmsSynopsis “I think we are in a moment of great pain. The economy is still well below as against what it was in 2019.
Indian salesmen threaten supply disruptions in protest against Reliance – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/indian-salesmen-threaten-supply-disruptions-in-protest-against-reliance/articleshow/88101799.cmsSynopsis The All India Consumer Products Distributors Federation – which has 400,000 members – has written to consumer companies demanding a level playing field,
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