lipped from: https://www.thehindubusinessline.com/blexplainer/bl-explainer-need-for-fiscal-consolidation/article64938621.ece Debt is one liability that is difficult to defer. Uncontrolled fiscal deficit hurts growth What is fiscal deficit? Fiscal deficit is the excess
Day: January 29, 2022
Cartelisation charges: SC rejects pleas of tyre makers CEAT, MRF & others – The Financial Express
Clipped from: https://www.financialexpress.com/industry/cartelisation-charges-sc-rejects-pleas-of-tyre-makers-ceat-mrf-others/2418990/ The SC, however, said the parties can challenge the final order passed by the CCI in accordance with law. The HC had in
US economy regains speed, GDP grows 6.9% in Q4, beats estimates; 2021 growth best in nearly 4 decades – The Financial Express
Clipped from: https://www.financialexpress.com/economy/us-economy-regains-speed-gdp-grows-6-9-in-q4-beats-estimates-2021-growth-best-in-nearly-4-decades/2417666/ The economy grew 5.7% in 2021, the strongest since 1984. It contracted 3.4% in 2020, the biggest drop in 74 years. Growth last
Budget 2022 Survey: PLI, boost for ailing economy or under-utilised policy step? FM Sitharaman must plug gaps – The Financial Express
Clipped from: https://www.financialexpress.com/budget/budget-2022-survey-pli-boost-for-ailing-economy-or-under-utilised-policy-step-fm-sitharaman-must-plug-gaps/2417604/ According to a survey conducted by Financial Express Online, government must focus on plugging the gaps in the implementation of the Make-in-India centric
Budget 2022 Survey: Budget to focus on low consumer spending, commodity pricing, unemployment, say experts – The Financial Express
Clipped from: https://www.financialexpress.com/budget/budget-2022-survey-budget-to-focus-on-low-consumer-spending-commodity-pricing-unemployment-say-experts/2417561/ According to a budget survey conducted by Financial Express Online, experts and economists say low consumer spending, commodity pricing, unemployment, will be the
Budget 2022 should focus on bridging widened inequality in economy, creating jobs, says former RBI Governor D Subbarao – The Financial Express
Clipped from: https://www.financialexpress.com/budget/budget-2022-former-rbi-governor-d-subbarao-interview-on-economy-inequality/2417248/ The former RBI Governor pointed out that jobs have been lost because of the shift in activity from the labour-intensive informal sector to
US Fed likely to hike rates in March as Powell vows fight against highest level of inflation since 1980s – The Financial Express
Clipped from: https://www.financialexpress.com/economy/us-fed-likely-to-hike-rates-in-march-as-powell-vows-fight-against-highest-level-of-inflation-since-1980s/2416711/ Subsequent interest rate increases and an eventual reduction in the Fed’s asset holdings would follow as needed, Powell said, while officials monitor how
Thousands more seeking jobs registered on MSME Sampark portal in 12 months even as vacancies dipped 84% – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-skil-thousands-more-seeking-jobs-registered-on-msme-sampark-portal-in-12-months-even-as-vacancies-dipped-84/2414337/ Skill, labour, talent for MSMEs: Since its launch, 30,884 candidates were placed via the Sampark portal so far, only 10 per cent up from 28,029 candidates
Increasing MSMEs’ share in GDP to 40% by 2025 is a herculean task: AIMA – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-increasing-msmes-share-in-gdp-to-40-by-2025-is-a-herculean-task-aima/2413579/ Ease of Doing Business for MSMEs: Former MSME Minister Nitin Gadkari in 2020 had set a target of increasing MSMEs’ share in exports
Pricing in Inflation: Where is core CPI inflation headed? – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/pricing-in-inflation-where-is-core-cpi-inflation-headed/2415908/ If the asymmetric behaviour in the past is a guide, the catch-up in core-CPI inflation could come quite fast. If past asymmetric behaviour
Budget alone can’t push recovery – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/budget-alone-cant-push-recovery/2417696/ The business environment needs to be helpful so that the informal sector can recover and create jobs One must acknowledge that finance minister,
GST brakes on growing digital economy – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/gst-brakes-on-growing-digital-economy/2417680/ The requirement that small businesses register under GST if they want to sell online, even when their turnovers are below the threshold required
Budget Expectation 2022: Complete tax exemption on annuity to make it at par with NPS – The Financial Express
Clipped from: https://www.financialexpress.com/money/budget-expectation-2022-complete-tax-exemption-on-annuity-to-make-it-at-par-with-nps/2418848/ Policyholders pay the annuity premium from their post-tax income. Once, they start receiving an annuity, typically after retirement, the entire annuity is taxable
Two GST registration threshold limits for offline, online sales need to go. Here’s why – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/two-gst-registration-threshold-limits-for-offline-online-sales-need-to-go-heres-why/articleshow/89187364.cmsSynopsis GoI has been announcing various schemes for MSMEs and encouraging digitisation of the economy. However, many of them having a turnover of less
India’s Ukraine ‘challenge’ | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/india-s-ukraine-challenge-122012701781_1.html The big picture must figure in strategic calculations The standoff between Russia and NATO allies over Ukraine has raised questions over how India should respond to this development and
A case for taxing India’s rich on stock market profits | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/bs-number-wise-a-case-for-taxing-india-s-rich-on-stock-market-profits-122012801798_1.html As economic inequality in the country widens, crorepatis pay very little on long-term capital gains Billionaire Warren Buffett, in a column written more
Modi’s truths, government’s credibility | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/modi-s-truths-government-s-credibility-122012801991_1.html ‘One can’t understand why, for example, the shifting of the Amar Jawan Jyoti had to be done so quietly’, says the author As
Need for fiscal consolidation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/blexplainer/bl-explainer-need-for-fiscal-consolidation/article64938621.ece Debt is one liability that is difficult to defer. Uncontrolled fiscal deficit hurts growth What is fiscal deficit? Why is fiscal consolidation important
Nuts and bolts of govt capex spend – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/blexplainer/bl-explainer-nuts-and-bolts-of-govt-capex-spend/article64941366.ece A higher capital expenditure by government will help generate demand in the economy and sustain economic growth What is government capital expenditure? Why
DHFL case: Piramal mulls legal options as NCLAT seeks CoC to consider 63 Moons’ plea – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/piramal-enterprises-ltd-will-continue-to-pursue-the-matter-as-multiple-legal-options-available/article64942898.ece Earlier, 63 Moons had petitioned NCLAT against Piramal regarding ascribing the value of recoverable assets Piramal Enterprises Ltd on Friday said it will