Clipped from: https://indianexpress.com/article/opinion/editorials/rbi-retains-policy-stance-primacy-growth-considerations-downplaying-inflationary-pressures-7766767/ While there were expectations in some quarters that this meeting would mark an explicit pivot towards policy normalisation, beginning with a hike in
Month: February 2022
The jobs crisis | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/india-employment-problem-predates-covid-7768433/ India’s employment problem predates Covid. The pandemic has deepened the faultlines The employment crisis in India predates Covid. However, several fault lines have
Taking a byte out of cyber threats – The Hindu
Clipped from: https://www.thehindu.com/opinion/lead/taking-a-byte-out-of-cyber-threats/article38414892.ece Rather than wait for the ‘Big Bang cyber attack’, nations and institutions ought to be prepared for a rash of cyber strikes Cyber
Expanding the tax base, key to IT rationalisation: Revenue Secretary – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/rationalisation-not-reduction-of-tax-levels-needed-revenue-secretary/article65001942.ece Tarun Bajaj , Revenue Secretary | Photo Credit: KAMAL NARANG 11 crore file taxes via TDS but only 7 crore file returns; this
ICAI makes ‘peer review’ mandatory to further improve audit, assurance quality – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/icai-makes-peer-review-mandatory-to-further-improve-audit-assurance-quality/article65002251.ece Nihar Jambusaria, President, Institute of Chartered Accountants of India | Photo Credit: Jaishankar P@Chennai To roll out mechanism across categories of enterprises over
Monetary policy meeting: We are not behind the curve, says RBI | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/monetary-policy-meeting-we-are-not-behind-the-curve-says-rbi-122021100074_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 The rates – whether repo or reverse repo – present a particular stance. They are reflective of the stance adopted by the RBI,
A balanced response to inflation | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/a-balanced-response-to-inflation-122021101812_1.html A large across-the-board increase in interest rates is a cure worse than the disease Although some supply shortages were anticipated as the global
FPIs rush to iron out operational chinks as T+1 deadline looms | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/fpis-rush-to-iron-out-operational-chinks-as-t-1-deadline-looms-122021100839_1.html The investors, through their custodian banks, have reached out to clearing corporations to push the deadline for equity trade confirmations to 9 a.m.
Calculated risk on inflation: Given recovery needs to be sustainable & broad-based, RBI justified in postponing rate hikes – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/calculated-risk-on-inflation-given-recovery-needs-to-be-sustainable-broad-based-rbi-justified-in-postponing-rate-hikes/2430761/ Some would argue RBI has little choice but to humour the bond markets. But there is the not so small matter of credibility
Monetary Policy: MPC pulls a dove out of the hat – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/monetary-policy-mpc-pulls-a-dove-out-of-the-hat/2430742/ Given the need to support durable growth, RBI signals a longer than expected runway for the start of monetary-policy tightening The release of
Time to rationalise fuel taxes: Oil is a major input in production & hence a tax on it is highly inflationary – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/time-to-rationalise-fuel-taxes-oil-is-a-major-input-in-production-hence-a-tax-on-it-is-highly-inflationary/2430635/ The delayed feedback from wholesale inflation to retail inflation is also reflected in the household inflation expectations survey of the RBI. However, we
What is govt’s Rs 6,000-cr plan with its RAMP programme for MSMEs – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-in-depth-what-is-govts-rs-6000-crore-plan-with-its-ramp-programme-for-msmes/2430860/ Credit and Finance for MSMEs: The programme was launched on the basis of the recommendations from the UK Sinha Committee report in June
Get crypto-clear, GST clarity can follow – The Economic Times
Get crypto-clear, GST clarity can follow – The Economic Times https://economictimes.indiatimes.com/opinion/et-editorial/get-crypto-clear-gst-clarity-can-follow/articleshow/89512173.cms GoI, keen to encourage fintech innovation, must give proper legal backing to cryptos and
RBI believes differing policy strategy, policy stance can coexist: Policy Stance: SBI Research – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/rbi-believes-differing-policy-strategy-policy-stance-can-coexist-sbi-report/articleshow/89501174.cms Synopsis On Thursday, the Reserve Bank of India (RBI) surprised the market with a policy statement that has a lower gross domestic product
Recovery still fragile, RBI holds the line – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/recovery-still-fragile-rbi-holds-the-line/articleshow/89486813.cms Synopsis The central bank is right to be concerned about the scope for financial instability that cryptocurrencies represent. The Reserve Bank of India (RBI) finds
lending: Everybody wants to lend in India. But risk management, business prudence will decide the winner. – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/fintech-and-bfsi/everybody-wants-to-lend-in-india-but-risk-management-business-prudence-will-decide-the-winner-/primearticleshow/89490451.cms SynopsisIndia seems to have forgotten the fact that every debt has a price and risk-premium associated. Suddenly, various kinds of lending products –
India Inflation: In maintaining its accommodative stance, the RBI risks staying behind the curve – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/in-taking-an-accommodative-stance-the-rbi-risks-staying-behind-the-curve/articleshow/89499079.cms SynopsisThe Reserve Bank of India Governor on Thursday announced that a majority of the Monetary Policy Committee deemed it fit that the central
Low interest rates and enormous liquidity in the system is a concern: D Subbarao – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/low-interest-rates-and-enormous-liquidity-in-the-system-is-a-concern-d-subbarao/articleshow/89486416.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 Synopsis The challenge for central banks and for the Reserve Bank of India was to juggle between maintain price stability, supporting growth and
India Inflation: RBI’s dovish inflation call raises eyebrows as pressures build – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/rbis-dovish-inflation-call-raises-eyebrows-as-pressures-build/articleshow/89496994.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 Synopsis Citigroup Inc. and Standard Chartered Plc were among those calling out the projections as too dovish as fuel prices surge, cost pressures
Ten points that summarise Nirmala Sitharaman’s reply to Budget discussion in Rajya Sabha – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/ten-points-that-summarise-nirmala-sitharamans-reply-to-budget-discussion-in-rajya-sabha/articleshow/89497523.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 Synopsis In her reply on Budget in Rajya Sabha, the FM provided a snapshot of the economy and addressed issues raised including that