Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/monetary-policy-runs-out-of-steam/articleshow/83244066.cmsSynopsis The government should understand that it is the prime mover. RBI’s liquidity measures, expansive and innovative as they have been, have only served
Author: Anil R Tikotekar
Inflation: Need to focus on both supply and demand for growth without inflation: KV Subramanian, CEA – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/need-to-focus-on-both-supply-and-demand-for-growth-without-inflation-kv-subramanian-cea/articleshow/83249359.cmsSynopsis Chief economic advisor KV Subramanian says there were signs of a pickup in economic activity and the recovery should gather pace by the
RBI monetary policy: Pursuing growth in times of high inflation | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/rbi-monetary-policy-pursuing-growth-in-times-of-high-inflation-121060500031_1.html The RBI officials stated the MPC believes that inflation is ‘not persistent’ and that there is ‘no thinking’ about policy normalisation Unlike the
Do not politicise GST Council: Finance Minister Nirmala Sitharaman | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/do-not-politicise-gst-council-finance-minister-nirmala-sitharaman-121060500003_1.html The government is conscious of the intensity of the second wave of Covid-19 and is assessing its full impact before coming out with
A monetary policy of continuity with change | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/a-monetary-policy-of-continuity-with-change-121060401404_1.html This time, RBI’s rate-setting body is not only talking about sustaining growth but also reviving it The no-action, status-quo monetary policy of the Reserve Bank of
MPC cuts real GDP projection by 100 basis points to 9.5% for FY22 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/mpc-cuts-real-gdp-projection-by-100-basis-points-to-95-for-fy22/article34723638.ece?homepage=true High international commodity prices, logistics costs prompts RBI to up its projection for CPI inflation The Monetary Policy Committee (MPC) has cut its
Central bank’s helping hand with liquidity – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/central-banks-helping-hand-with-liquidity/article34730010.ece?homepage=true Opening up the restructuring window to exposures up to ₹50 crore will help a number of self-employed businesses The Monetary Policy Committee (MPC)
Difficult balance – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/difficult-balance/article34729915.ece?homepage=true An accommodative policy is inevitable, but the RBI has to be wary of the inflation monster The Monetary Policy Committee’s decision to maintain
RBI’s not-so-transparent FX market moves – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/rbis-not-so-transparent-fx-market-moves/article34729891.ece?homepage=true Aggressive dollar/rupee swaps have misaligned interest differentials and made forex inflows by way of carry trades more attractive As widely expected, the MPC
RBI doubles exposure threshold to ₹50 crore – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-increases-exposure-threshold-for-resolution-framework-20/article34723859.ece?homepage=true Move to help MSMEs, small businesses, personal loan borrowers tide over the pandemic To expand the coverage of the Resolution Framework 2.0, the
Three questions that answer what’s next for the economy – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/three-questions-that-answer-whats-next-for-the-economy/article34726504.ece?homepage=true An insight into the cost of lockdowns, how long drag to growth continue, and what next after the second wave. To use a
Major global, local players ‘keen on ₹12,195-cr telecom PLI scheme’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/major-global-local-players-keen-on-12195-cr-telecom-pli-scheme/article34730115.ece?homepage=true The scheme is open to both MSMEs and non-MSME companies After the Production-Linked Incentive scheme for large-scale electronics manufacturing (mobile phones) last year,
RBI opens ₹31,000-cr tap for MSMEs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-opens-liquidity-tap-for-banks-to-lend-to-contact-intensive-sectors/article34723941.ece?homepage=true Aid mainly for contact-intensive sectors; leaves repo rate unchanged; trims FY22 GDP growth forecast to 9.5% Even as it left the policy repo
Exclusive | Don’t Indian firms working in the US follow their laws?: RS Prasad – The Economic Times
lipped from: https://economictimes.indiatimes.com/tech/technology/dont-indian-firms-working-in-the-us-follow-their-laws-rs-prasad/articleshow/83222626.cms SynopsisIndia’s social media intermediary guidelines are meant to provide a grievance redressal mechanism to ordinary users, Union Minister of Electronics and IT Ravi
Slow and steady the way to Go, RBI – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/slow-and-steady-the-way-to-go-rbi/articleshow/83214440.cmsSynopsis IL&FS, Dewan Housing Finance, HDIL — NBFCs have put up scandalous performance, creating a climate that legitimises drastic action, even makes its absence
P Chidambaram’s 5-point guide for Modi govt on how to fix Covid-battered economy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/p-chidambarams-5-point-guide-for-modi-govt-on-how-to-fix-covid-battered-economy/articleshow/83215411.cmsSynopsis he unemployment rate that was 5.48% in June 2018 has once again spiked to 11.86%. The Labour Force Participation Rate has fallen from
Micro lenders face rating downgrade risk amid second wave – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/micro-lenders-face-rating-downgrade-risk-amid-second-wave/articleshow/83214875.cmsSynopsis Any such possible downgrades will likely raise MFIs’ funding costs compounding the problem of asset-liability mismatch at a time when collection efficiencies have
IBC review likely to keep promoters out – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/ibc-review-likely-to-keep-promoters-out/articleshow/83223260.cmsSynopsis The government will examine the Insolvency and Bankruptcy Code (IBC) to stop defaulting promoters from wresting back control of companies by exploiting apparent
More lenders opting for settlement offers – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/more-lenders-opting-for-settlement-offers/articleshow/83223054.cmsSynopsis Lenders to debt-laden companies are increasingly opting for negotiated settlements with the defaulting borrowers as the absence of time-bound resolutions, significant haircuts on
The puzzle of the surge in currency-in-circulation – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/the-puzzle-of-the-surge-in-currency-in-circulation/2264691/ We are perhaps looking at a scenario where high unemployment and high inflation coexist, like in the 1970s There may also be cases