Clipped from: https://www.thehindu.com/opinion/editorial/frozen-by-uncertainty-the-hindu-editorial-on-rbi-and-its-mandate-to-ensure-price-stability/article38409570.ece RBI has forsaken its mandate of ensuring price stability to give an impetus to the economy The Monetary Policy Committee’s decision to leave
Month: February 2022
Magic (black) with numbers | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/chidambaram-writes-private-sector-sitharaman-modi-government-capital-expenditure-budget-7769748/ P Chidambaram writes: There are good reasons why the private sector is shying away from investment. The foremost reason is lack of demand.
Why has India’s factory output slipped to a 10-month low in December? | Explained News,The Indian Express
Clipped from: https://indianexpress.com/article/explained/india-factory-output-data-december-explained-7768784/ Industrial output slumped to a 10-month low of 0.4 per cent in December. Why has output fallen? What do the numbers portend? The
Praveen Chakravarty writes: Reducing welfare spending right now is a dangerous gamble–INDIAN EXPRESS
Clipped from: https://indianexpress.com/article/opinion/columns/reducing-welfare-spending-right-now-is-a-dangerous-gamble-7768370/ Praveen Chakravarty writes: Increased government investment to stimulate economic activity is in principle a sound philosophy. But there are other more prudent ways
India’s employment problem predates Covid. The pandemic has deepened the faultlines | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/india-employment-problem-predates-covid-7768433/ The heightened demand for work under MGNREGA, despite large parts of the economy having recovered to their pre-pandemic levels, suggests continuing economic distress.
Rahul Bajaj | 1938-2022: India Inc loses a voice that spoke without fear, for business and values | Business News,The Indian Express
Clipped from: https://indianexpress.com/article/business/rahul-bajaj-india-inc-loses-a-voice-7769877/ After assuming charge at the Bajaj Group in 1965, Rahul – who was named by India’s first Prime Minister Jawaharlal Nehru – helmed
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
Not every budget can be big bang one. It’s more prudent to remain steady – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/not-every-budget-can-be-big-bang-one-its-more-prudent-to-remain-steady/articleshow/89511994.cms Synopsis Not every budget is a big bang one, nor should it be. It is often more prudent to remain steadfast on the
Get crypto-clear, GST clarity can follow – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/get-crypto-clear-gst-clarity-can-follow/articleshow/89512173.cms Synopsis GoI, keen to encourage fintech innovation, must give proper legal backing to cryptos and let RBI regulate them. A clear GST framework
Govt says ‘67% MSMEs were temporarily closed’ in FY21; industry insists blow much bigger -Covid fallout: The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/covid-fallout-govt-says-67-msmes-were-temporarily-closed-in-fy21-industry-insists-blow-much-bigger/articleshow/89493562.cms Synopsis Over 50% of the respondent units witnessed a decline of over 25% in their revenues in 2020-21. During FY21, 67% of MSMEs
Tax on Crypto: Crypto tax set to complicate life for the exchanges – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/tech-bytes/crypto-tax-set-to-complicate-life-for-the-exchanges/articleshow/89416902.cms SynopsisWhen crypto exchanges deduct 1% TDS, it will be recorded as “consideration” on their books, say tax experts. This in turn would attract
ABG Shipyard, its directors booked over Rs 22,842-crore scam; biggest fraud registered by CBI – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/cbi-books-abg-shipyard-its-directors-over-alleged-rs-22842-crore-fraud/articleshow/89525765.cms Synopsis As many as 28 banks and financial institutions were victims of the alleged scam, as per the report. Funds given by these
Updated ITR will reduce litigation for taxpayers – BusinessToday
Clipped from: https://www.businesstoday.in/opinion/columns/story/budget-2022-updated-itr-will-reduce-litigation-for-taxpayers-322304-2022-02-11 A major dampener for the taxpayers is the requirement for the additional tax liability of filing the ‘updated return’. In the Budget speech,
Non-replenishment of ATMs due to unforeseen circumstances: RBI accepts stakeholders’ plea for penalty waiver – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-accepts-stakeholders-plea-for-waiver-of-penalty-for-non-replenishment-of-atms-due-to-unforeseen-circumstances/article65001659.ece An India Post Micro ATM for farmers in Hyderabad | Photo Credit: NAGARA GOPAL Decision will come as a relief for banks, white
Poonawalla Fincorp board reinstates Abhay Bhutada as MD – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/poonawalla-fincorp-board-reinstates-abhay-bhutada-as-md/article65002359.ece Boardroom table set for board of directors meeting | Photo Credit: mediaphotos Bhutada stepped down from the board in September 2021 following an
Wrong prescription – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/the-effort-to-outlaw-expenditure-incurred-on-drug-promotion-may-not-prove-effective/article65002067.ece Regulating drug promotion expenses | Photo Credit: FLOORTJE The effort to outlaw expenditure incurred on drug promotion may not prove effective This year’s
Monetary policy accepts a big risk in continuing to prioritise growth
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/monetary-policy-accepts-a-big-risk-in-continuing-to-prioritise-growth/ Quick Edit TOI Quick Edits are written by a team of seasoned journalists from the Times of India’s Edit Page and TOI-Online who
Appeal for change: SC’s suggestion on reducing jail time for those appealing convictions is worth serious thought
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/appeal-for-change-scs-suggestion-on-reducing-jail-time-for-those-appealing-convictions-is-worth-serious-thought/ TOI Edit Times of India’s Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues
Ignoring inflation may not be wise | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/first-edit/ignoring-inflation-may-not-be-wise-1080569.html RBI The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has maintained the status quo on interest rates and retained
A growth-focussed monetary policy–Dharmakirti Joshi writes: INDIAN EXPRESS
Clipped from: https://indianexpress.com/article/opinion/columns/growth-focussed-monetary-policy-rbi-budget-7766733/ Dharmakirti Joshi writes: RBI stays the course despite risks to inflation, changing global environment The RBI derives comfort from the rupee remaining resilient
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