Clipped from: https://www.business-standard.com/article/markets/will-the-rbi-policy-calm-bond-markets-here-s-what-analysts-think-122020900777_1.html High borrowing numbers in the budget as well as absence of any steps to facilitate global bond index inclusion roiled the domestic markets,
Month: February 2022
Budget 2022: Some musings | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/budget-2022-some-musings-122020901854_1.html The worrisome issue of fiscal consolidation remains a major concern A week after the Union Budget, pretty much every worthwhile comment (and many
MPC will pave way for faster policy normalisation | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/mpc-will-pave-way-for-faster-policy-normalisation-122020802150_1.html As the MPC signals normalisation, a key challenge for the RBI would be to ensure that even as sovereign yields rise, the move
Bank balance sheet recovery | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/bank-balance-sheet-recovery-122020901838_1.html Asset quality is improving, but risks remain Asset quality in the banking system continues to improve. As the latest Report on Trend and
A straight jacket policy by the RBI as the Omicron threat looms | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/a-straight-jacket-policy-by-the-rbi-as-the-omicron-threat-looms-121120800307_1.html The next policy in February will be come post the Budget announcement. It will be crucial as the state of the economy will
Tax on unblended fuels may add to uncertainties in ethanol blending policy | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/tax-on-unblended-fuels-may-add-to-uncertainties-in-ethanol-blending-policy-122020701744_1.html?code=NTM4OTU9MTIyMDIwNzAxNzQ0 Will a mug of ethanol mixed with petrol count as blended, will 5 per cent constitute a blend, or will the government publish
The message, the maths & the markets -Union Budget FY23: The Financial Express
Clipped from: https://www.financialexpress.com/opinion/the-message-the-maths-the-markets/2427016/ The conservative approach to forecasts in Budget FY23 creates a useful optionality The total budgetary and extra budgetary allocation for capex is expected
Surge in Lending Scams: How Account Aggregator framework will help mitigate the ecosystem – The Financial Express
Clipped from: https://www.financialexpress.com/money/surge-in-lending-scams-how-account-aggregator-framework-will-help-mitigate-the-ecosystem/2429797/ AA framework would collect data from all the loan providers to determine the authenticity of loan seekers, which in turn would reduce the
MSME credit: Now Amazon India sellers can get working capital loans from digital lender Lendingkart – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-msme-credit-now-amazon-india-sellers-can-get-working-capital-loans-from-digital-lender-lendingkart/2428503/ Credit and Finance for MSMEs: In December last year, Amazon had announced crossing the 10-lakh seller mark in India. Importantly, more than 90
Budget 2022 | Nirmala Sitharaman Interview: FM Nirmala Sitharaman reveals rationale, explains walking tightrope on Budget – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/fm-nirmala-sitharaman-reveals-rationale-explains-walking-tightrope-on-budget/articleshow/89326824.cms SECTIONS FM Nirmala Sitharaman reveals rationale, explains walking tightrope on Budget By Navika Kumar ,Last Updated: Feb 03, 2022, 08:33 PM IST Synopsis
Govt borrowings unlikely to crowd out private sector, says finance secretary TV Somanathan – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/govt-borrowings-unlikely-to-crowd-out-private-sector-says-finance-secretary-tv-somanathan/articleshow/89333892.cms Synopsis Finance minister Nirmala Sitharaman pegged the government’s gross borrowing for FY23 at Rs 14.9 lakh crore, compared with a downward revised Rs
Is there another tax amnesty scheme? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/budget-2022-is-there-another-tax-amnesty-scheme/articleshow/89358090.cms Synopsis To find a way around, governments usually announce an “income-tax amnesty scheme” whereby tax defaulters are given the opportunity to declare their
Capex boost essential to crowd in private investment and kickstart virtuous cycle: Sanjeev Sanyal – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/capex-boost-essential-to-crowd-in-private-investment-and-kickstart-virtuous-cycle-sanjeev-sanyal/articleshow/89357969.cms Synopsis Sanyal says India is talking to central banks and finance ministries around the world about regulating crypto assets as these can’t be
Why India may clock a consistently higher GDP growth rate of more than 9% – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/why-india-may-clock-a-consistently-higher-gdp-growth-rate-of-more-than-9/articleshow/89358307.cms Synopsis Alongside including several steps to improve the ease of doing business in India, the finance minister announced policy measures to make dispute
Crypto exchanges to brief policymakers on TDS tangles – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/technology/crypto-exchanges-to-brief-policymakers-on-tds-tangles/articleshow/89372406.cms Synopsis According to the provisions of this year’s finance bill, the buyer of a cryptocurrency has to deduct 1% of the sale consideration
Budget 2022 lays the groundwork for private investment revival in the economy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-budget-2022-lays-the-groundwork-for-private-investment-revival-in-the-economy/articleshow/89398131.cms Synopsis Budget 2022 continues to focus on strong capital formation in the economy and puts in place an incentive structure to stimulate private
digital rupee: Why India’s plan to launch a digital rupee needs more thought, less haste – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/indias-plan-to-launch-a-digital-rupee-needs-more-thought-less-haste/articleshow/89417599.cms Synopsis A digital rupee will be like banknotes, but minus the ATMs. Users will be able to transfer purchasing power from their deposit
Budget capex not as high as it sounds: Crisil Research – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/budget-capex-not-as-high-as-it-sounds-crisil-research/articleshow/89450001.cms Synopsis The research wing of the agency said, if one excludes the Rs 1 lakh crore of loans to states for capex included
GoI is putting a spotlight on infrastructure-led growth. But how soon will this crowd in private investments? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/goi-is-putting-a-spotlight-on-infrastructure-led-growth-but-how-soon-will-this-crowd-in-private-investments/articleshow/89372095.cms Synopsis It was a bit of a surprise when Finance Minister Nirmala Sitharaman’s Budget 2022 did not take the usual route of handouts
Nirmala Sitharaman is right to gamble on growth. But she should know it’s a gamble – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-nirmala-sitharaman-is-right-to-gamble-on-growth-but-she-should-know-its-a-gamble/articleshow/89437360.cms Synopsis All good things must end. Inflation is now rising everywhere (almost 7% in the US). To check prices, the Fed may raise