Clipped from: https://www.thehindubusinessline.com/economy/agri-business/india-wheat-procurement-likely-to-be-lower-by-over-50-of-govt-target/article65373749.ece Production hit by excess heat, farmers hold back produce as private traders scour for export supplies Chennai, May 1 With government officials at
Month: May 2022
*****India is on top of the gaming market | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/india-is-on-top-of-the-gaming-market-122050100871_1.html Indian gaming firms are using smart technologies to enhance the playing experience Over the last few months, India has been making a record in yet
*****Macro challenges of micro lenders | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/macro-challenges-of-micro-lenders-122050100920_1.html The freedom to fix interest rates has encouraged a few MFIs to jack up rates on Day One. It will take a while
*****The rebalancing act | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/the-rebalancing-act-122050100939_1.html Excess policy accommodation will affect growth The Reserve Bank of India’s (RBI’s) new Report on Currency and Finance (RCF), released last week, presented
*Supply and payment crisis | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/supply-and-payment-crisis-122050100948_1.html Systemic weakness in power sector exposed again The unusually high temperatures in much of northern and western India have, as is often the
*Enquiries from Russia put exporters in a spot | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/enquiries-from-russia-put-exporters-in-a-spot-122050200014_1.html The immediate challenge of the Indian exporters is to find shipping lines that will take their cargo to Russia. Indian exporters are getting
*****In future, world should hear ‘Digital India Inside’: Rajeev Chandrasekhar | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/in-future-world-should-hear-digital-india-inside-rajeev-chandrasekhar-122050100766_1.html The government has set a deadline to commercially launch the first indigenous chipset by 2023-24 under the DIR-V Rajeev Chandrasekhar Giving the analogy
*Free trade agreement to facilitate duty-free exports to UAE kicks off | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/free-trade-agreement-to-facilitate-duty-free-exports-to-uae-kicks-off-122050200017_1.html The India-UAE CEPA will benefit almost 90 per cent of India’s exports in terms of value Photo: Bloomberg A free trade agreement between India and
*Pharma exports touch Rs 1.83 trillion in 2021-22: Commerce ministry | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/pharma-exports-touch-rs-1-83-trillion-in-2021-22-commerce-ministry-122050100288_1.html The exports in 2021-22 sustained a positive growth despite the global trade disruptions and drop in demand for COVID related medicines Pharma exports
*Vehicle scrappage policy in the pit lane: Where are the scrap yards? | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/vehicle-scrappage-policy-in-the-pit-lane-where-are-the-scrap-yards-122050100906_1.html Analysis shows that four states/Union Territories account for 57 per cent of the older vehicles in the country According to government records, there
*Resolution primary objective of IBC; but recovery important too: SBI MD | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/resolution-primary-objective-of-ibc-but-recovery-important-too-sbi-md-122050100491_1.html Financial and operational creditors owe money to companies facing insolvency proceedings and so recovery has to be an important factor while achieving resolution
*Edelweiss ARC plans to deploy Rs 1,200 crore to acquire bad loans | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/edelweiss-arc-plans-to-deploy-rs-1-200-crore-to-acquire-bad-loans-122050101070_1.html With improving business environment, it has pegged recoveries to between Rs 5,000 crore and Rs 6,000 crore in FY23. Its assets under management
Holcim’s sale of Ambuja Cement, ACC to be biggest exit of an MNC from India | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/holcim-s-sale-of-ambuja-cement-acc-to-be-biggest-exit-of-an-mnc-from-india-122050101047_1.html Ambuja Cement ended Friday with a market capitalisation of Rs 73,836 crore while ACC closed the day with Rs 43,819 crore. The much-talked-about
*E-scooter sales slow down as global chip shortage woes continue | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/e-scooter-sales-slow-down-as-global-chip-shortage-woes-continue-122050100999_1.html The largest drop has been in Hero Electric, one of the largest players in the market The electric scooter juggernaut which has been
*Auto industry fails to pick up pace as chip shortage hurts production | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/auto-industry-fails-to-pick-up-pace-as-chip-shortage-hurts-production-122050100792_1.html Fresh chip scarcity may result in 4th straight year contraction in volumes Photo: Bloomberg Automakers struggled to lift sales in the first month of
*UPI hits record high in April with 5.58 bn transactions worth Rs 9.83 trn | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/upi-hits-record-high-in-april-with-5-58-bn-transactions-worth-rs-9-83-trn-122050100480_1.html On YoY basis, the volume of transactions jumped 111% and while value increased by almost 100% Compared to March, volume of UPI transactions
Amazon warehouse: Amazon’s net loss prompts query: Has it built too many warehouses? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/amazons-net-loss-prompts-query-has-it-built-too-many-warehouses/articleshow/91199631.cms Synopsis The world’s largest online retailer on Thursday reported $2 billion in incremental costs from having excess fulfillment and transportation capacity, a dramatic
**From recession to inflation, how the US Fed has dealt with crises – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/business/from-recession-to-inflation-how-the-us-fed-has-dealt-with-crises/articleshow/91229425.cms Synopsis The Fed has long played a decisive role when the world’s largest economy faces tough times. Here are some of its major
GST Collection April 2022: GST revenue collection hits record Rs 1.68 lakh crore in April – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/gst-revenue-collection-hits-record-rs-1-68-lakh-crore-in-april/articleshow/91230829.cms Synopsis This comes after the second highest collection of ₹1.42 lakh crore that was reported in the month of March 2022. Goods and
*LIC IPO investors said to bid for double of anchor book – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/ipos/fpos/lic-ipo-investors-said-to-bid-for-double-of-anchor-book/articleshow/91235630.cms Synopsis Singapore’s GIC Pte and Norway’s sovereign wealth fund are among the anchor investors, the people said, asking not to be identified before