Clipped from: https://www.thehindubusinessline.com/money-and-banking/loan-demand-not-affected-by-rate-hikes-for-now-say-bankers/article65513819.ece They point out that lending rates are still below pre-pandemic levels Though the impact of rising interest rates is being watched closely by
Day: June 11, 2022
*****‘Interest rates to harden, rupee to remain under depreciating pressure for some time’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/interest-rates-to-harden-rupee-to-remain-under-depreciating-pressure-for-some-time/article65514444.ece But India’s robust domestic and external macro-parameters to help cushion global headwinds, says RBI Executive Director Radha Shyam Ratho, Executive Director, Reserve Bank
*****Cutting crude import bill is no easy task – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/cutting-crude-import-bill-is-no-easy-task/article65515237.ece Boosting oil and gas production, accompanied by focus on green energy, especially wind power, is vital to cut imports In March 2015, Prime
*****Skills training for MSMEs should change – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/skills-training-for-msmes-should-change/article65515326.ece Whether in Tripura or Haryana, there is little interaction between MSMEs and the ITIs. District Industries Centres should step in Developing and implementing
*****State of concern – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/state-of-concern/article65514483.ece States need to urgently act in pruning non-essential expenditure and knocking down their debt to prudent levels As the economy begins a gradual
*April IIP growth sizzles at eight-month high of 7.1% – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/april-iip-growth-sizzles-at-eight-month-high-of-71/article65514717.ece Overall factory output growth bolstered by strong show in manufacturing, electricity sectors Factory output growth surprised on the upside in April hitting an
PMC Bank case fallout: RBI asks UCBs to make higher provisions | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/pmc-bank-case-fallout-rbi-asks-ucbs-to-make-higher-provisions-122061001158_1.html The RBI said the new circular has been warranted by the fact that UCBs have met the conditions already laid out Photo: Bloomberg
Bears tighten grip: Sensex crashes 1,000 pts on mounting inflation worries | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sensex-falls-1-000-pts-on-mounting-inflation-worries-nifty-ends-at-16-202-122061001200_1.html FPIs sell shares worth Rs 4,000 crore; US inflation hits new 4-decade high The market breadth was negative, with 2,101 stocks declining and
Rs 3.2 trn of investor wealth wiped off. Why did the Sensex fall on Friday? | Business Standard News
lipped from: https://www.business-standard.com/article/markets/rs-2-7-trillion-investor-wealth-wiped-off-what-made-sensex-nifty-tumble-122061000283_1.html The market’s confidence has been shaken as persistently elevated levels of commodity prices, and disrupted supply chains continue to be a double whammy
Rupee plunges to all-time low of 77.84/$ amid rising crude oil prices | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/rupee-in-free-fall-plunges-to-all-time-low-of-77-84-against-dollar-122061001057_1.html The currency closed at a record low of 77.84 against the dollar after hitting 77.88 in intraday trading. The rupee hit a fresh all-time low
*****Export curbs, higher energy prices may spike trade deficit further in FY23 | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/export-curbs-higher-energy-prices-may-spike-trade-deficit-further-in-fy23-122061000765_1.html Revenues from the export of industrial metals would also take a hit from a decline in metal prices According to India Ratings &
*****Holding her own: Madhabi Puri Buch completes 100 days as Sebi chairperson | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/holding-her-own-madhabi-puri-buch-completes-100-days-as-sebi-chairperson-122061000385_1.html Industry players credit Sebi’s first woman chairperson with putting special emphasis on cyber security, use of tech and data – areas where Sebi
IBBI draft papers to improve insolvency resolution likely out this month | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/ibbi-draft-papers-to-improve-insolvency-resolution-likely-out-this-month-122061001157_1.html The pandemic-induced slowdown has caused inordinate delays in the resolution process, which also impacted the potential investors’ plan to acquire stressed assets in
*****Stories during stagflation: How India fares on ‘modified’ misery index? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/stories-during-stagflation-how-india-fares-on-modified-misery-index-122061000893_1.html Misery is the highest in countries known for economic mismanagement: Turkey, Argentina, South Africa. Next come Russia, Brazil, Pakistan and Egypt. And then
*Sebi warns investors against unregulated platforms offering algo trading | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-warns-investors-against-unregulated-platforms-offering-algo-trading-122061000769_1.html “These platforms are unregulated and thus there is no investor grievance redressal mechanism covering their activities,” Sebi said. File photo: PTI Capital markets regulator Sebi on Friday
*Credit card linkage to UPI: Uncertainty over pricing leaves players in dark | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/credit-card-linkage-to-upi-uncertainty-over-pricing-leaves-players-in-dark-122061000566_1.html There is no clarity on whether linking to UPI facility will be extended to credit cards of other card networks, such as Visa,
*Fitch lauds Indian economic recovery, ups outlook from negative to stable | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/fitch-lauds-indian-economic-recovery-in-fy22-ups-outlook-from-negative-to-stable-122061000316_1.html The agency said that high inflation and hence high nominal GDP growth will benefit the debt-GDP ratio Photo: Shutterstock Global ratings agency Fitch on Friday
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