Clipped from: https://www.business-standard.com/article/economy-policy/dec-wpi-eases-slightly-but-remains-in-double-digits-as-food-prices-soar-122011401114_1.html Bucks a 4-month rising trend in December 2021 and comes in at 13.56%, even as food prices harden Wholesale Price Index-based Inflation (WPI)
Author: Anil R Tikotekar
RIL, M&M bid for incentives under govt’s Rs 18k-cr battery scheme: Report | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/ril-m-m-bid-for-incentives-under-india-s-2-4-bn-battery-scheme-report-122011401151_1.html India last year finalised an incentive program for companies to invest in local manufacturing of batteries as it looks to establish a domestic
TCS promoters Tata Sons, TICL to sell Rs 12,993 cr of shares in buyback | Business Standard News
lipped from: https://www.business-standard.com/article/pti-stories/tata-sons-ticl-to-participate-in-tcs-mega-buyback-offer-to-sell-shares-worth-rs-12-993-cr-122011400687_1.html At Rs 4,500 apiece, the two entities stand to rake in about Rs 12,993.2 cr Tata Consultancy Services promoters – Tata Sons and Tata Investment
Markets rally as US Fed expands balance sheet; $31 bn added in last 2 weeks | Business Standard News
lipped from: https://www.business-standard.com/article/markets/markets-rally-as-us-fed-expands-balance-sheet-31-bn-added-in-last-2-weeks-122011500033_1.html Historically, there has been a high positive correlation between the changes in the US Federal balance sheet and the changes in the Indian
Banks park Rs 4.3 trn in Rs 5-trn variable rate reverse repo auction | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/banks-park-rs-4-3-trn-in-rs-5-trn-variable-rate-reverse-repo-auction-122011500012_1.html From this year, the central bank has moved to variable rate reverse repo auctions, instead of fixed rate auctions Illustration: Ajay Mohanty Banks on
Year-on-year analysis of economic performance serves a very limited purpose | Business Standard Column
lipped from: https://www.business-standard.com/article/opinion/year-on-year-analysis-of-economic-performance-serves-a-very-limited-purpose-122011500131_1.html A year-on-year analysis is useful in a conceptual way as it accounts for the seasonal impact on the data, but it tells you
Boom time for companies: What record profits may mean for govt’s revenue | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/boom-time-for-companies-what-record-profits-may-mean-for-govt-s-revenue-122011401094_1.html If much higher profits this year do not propel corporation tax revenue to a level higher than the FY19 peak, something must be
Chip crunch, pandemic, high costs drag Dec qtr auto sales to multi-year low | Business Standard News
Clipped from: https://www.business-standard.com/article/automobile/chip-crunch-pandemic-high-costs-drag-dec-qtr-auto-sales-to-multi-year-low-122011401129_1.html The auto industry body expects current quarter to be better but stops short of sharing any guidance owing to pandemic related uncertainties Photo:
RBI proposes adding corporate bonds in banks’ HTM category | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-proposes-adding-corporate-bonds-in-banks-htm-category-122011500007_1.html An investment in the HTM category doesn’t require to be valued at the current market price The Reserve Bank of India (RBI) on Friday proposed
India Inc’s FY21 debt-equity ratio at 6-yr low on massive deleveraging move | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/india-inc-s-fy21-debt-equity-ratio-at-6-yr-low-on-massive-deleveraging-move-122011101027_1.html Analysts expect a further reduction in the current financial year, helping companies lower interest cost and thereby boosting profitability Illustration: Ajay Mohanty India
Banks must hit a ‘pause’ on retail loans – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/banks-must-hit-a-pause-on-retail-loans/article38239064.ece?homepage=true Recent trends show that excessive reliance on personal loans as risk diversifier and income generator does not bode well Both the Report on Trend
Case for extension – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/case-for-extension/article38238845.ece?homepage=true ECLGS has kept small firms going amidst Covid. Its role should be expanded Preliminary studies suggest that the Emergency Credit Line Guarantee Scheme
India Inc profitability set to dip for the first time in 12 quarters: Crisil – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/india-inc-profitability-set-to-dip-for-the-first-time-in-12-quarters-crisil/article38232451.ece?homepage=true As many as 27 of 40 sectors are likely to see their Ebitda margins shrinking Corporate profitability, as defined by the earnings before
Retail sales growth slows down in December – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/retail-sales-growth-slows-down-in-december/article38231169.ece The pace of growth was seen dropping off towards last week of December on fresh curbs by States Retail sales growth witnessed a
Aadhaar-voter ID linking: A road best not taken | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/comment/aadhaar-voter-id-linking-a-road-best-not-taken-1068636.html Aadhaar failures have already played havoc on millions of voters, genuine ration card-holders. It can also become a tool for electoral mischief India
Monetary Policy: Just flawed logic or toeing FM’s line? | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/in-perspective/monetary-policy-just-flawed-logic-or-toeing-fm-s-line-1068041.html The question is: Has the monetary policy achieved the desired short-term goal? Reserve Bank of India. Credit: Reuters File Photo The December bi-monthly
Nurse registrations in India have not kept pace with doctors, shows data | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/nurse-registrations-in-india-have-not-kept-pace-with-doctors-shows-data-122011301184_1.html In 2014-15, while there were 3.4 registered nurses per operational doctors in the country, this declined to 3.1 in 2020-21 Nurses at a
Cooperative forum set up by RBI board member weighs in for PMC depositors | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/sahakar-bharati-steps-in-to-offer-better-deal-to-depositors-of-pmc-bank-122011300317_1.html Sahar Bharati requests finance minister’s intervention for a better deal Sahakar Bharati – a forum of cooperative societies founded by Reserve Bank of India (RBI)
Propping up the property market | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/propping-up-the-property-market-122011301506_1.html A credit guarantee can give housing a boost India’s housing landscape is littered with thousands of stalled housing projects. Stalled or delayed projects
SEBI cracks the whip on stock manipulators – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/sebi-cracks-down-on-bullrun-2017an-illegal-telegram-channel-for-stock-tips/article64822101.ece Scores of ‘closed groups’ under scanner; regulator forms special team to tackle menace of frontrunning The Securities and Exchange Board of India (SEBI) has started cracking
