Clipped from: https://www.thehindubusinessline.com/economy/agri-business/with-rural-areas-impacted-by-covid-mfis-face-drop-in-collections/article34555354.ece With rural areas also impacted by the second wave of the Covid-19 pandemic, microfinance institutions (MFI) have been witnessing a drop in collections
Author: Anil R Tikotekar
Loan restructuring: FIDC seeks clarity from RBI on relief measures – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/loan-restructuring-fidc-seeks-clarity-from-rbi-on-relief-measures/article34559946.ece Seeks moratorium up to an additional three years The Finance Industry Development Council (FIDC) has written to Reserve Bank of India Governor Shaktikanta
Let promoter clause remain for better accountability – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/let-promoter-clause-remain-for-better-accountability/article34560086.ece Difficult to unearth Sahara-like scams if disclosures are curtailed in DRHP The market regulator Securities and Exchange Board of India last week came
Banks go after promoter trusts of firms having stressed loans – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banks-go-after-promoter-trusts-of-firms-having-stressed-loans/articleshow/82641931.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis In the last few weeks, top banks have been making inquiries in certain cases where businesses have been hit hard by Covid and
Banks, RBI favour further cutback in small savings rates – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-rbi-favour-further-cutback-in-small-savings-rates/articleshow/82646853.cms Synopsis–The central bank has been struggling to keep bond yields from spiking in a year that will witness record government borrowing, with North
Accept and regulate – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/accept-and-regulate/article34559933.ece The Centre needs to quickly finalise its policy on cryptocurrency trading The delay by the Centre in formulating a policy regarding trading and
Second Covid wave to hit banks’ growth harder than asset quality: Analysts – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/second-covid-wave-to-hit-banks-growth-harder-than-asset-quality-analysts/2252201/ “February and March were our best ever months in LAP, too. This has traditionally been an area where we have done well, both
Steel industry faces challenges to pursue growth with stability – The Financial Express
Clipped from: https://www.financialexpress.com/industry/steel-industry-faces-challenges-to-pursue-growth-with-stability/2252198/ Manufacturing for full FY21 grows by (-) 9.8% and IIP by (-) 8.6%. This may be compared to second advance estimates for GDP
Modernising promoter, albeit gradually – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/modernising-promoter-albeit-gradually/articleshow/82638491.cmsSynopsis We need better corporate governance in India Inc, with the board and management held to account. Hence the reduced regulatory relevance of the
PLI for batteries should spur R&D – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/pli-for-batteries-should-spur-rd/articleshow/82638480.cmsSynopsis The plan, National Programme on Advanced Chemistry Cell Battery Storage, put forward by the department of heavy industry, proposes to create a battery
E-commerce firms face more hurdles in Maharashtra, Assam – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/technology/e-commerce-firms-face-more-hurdles-in-maharashtra-assam/articleshow/82602598.cmsSynopsis The Maharashtra government, in a notification on Wednesday, said drivers and helpers of all goods carriers entering the state must carry a negative
Commerce Ministry seeks anti-dumping duty on certain rubber imported from 4 countries – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/comm-min-seeks-anti-dumping-duty-on-certain-rubber-imported-from-4-countries/articleshow/82625393.cmsSynopsis Directorate General of Trade Remedies (DGTR) has recommended the duty after concluding in its probe that ”Acrylonitrile Butadiene Rubber” from these regions has
Big apparel brands still need Bangladesh’s workers – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/big-apparel-brands-still-need-bangladeshs-workers/articleshow/82624993.cmsSynopsis Bangladesh’s garment-export economy is something of a modern miracle. In 1978, the country was primarily agricultural; its garment industry amounted to nine factories
Air cooler industry feels the heat due to COVID wave II–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/air-cooler-industry-feels-the-heat-due-to-covid-wave-ii/story/439095.html “The second wave of COVID-19 calling for lockdowns and movement restrictions has had an adverse impact on the industry. The air cooler industry
Commodities are the cheapest asset class in the world now: Jim Rogers – The Economic Times
lipped from: https://economictimes.indiatimes.com/markets/expert-view/commodities-are-the-cheapest-asset-class-in-the-world-now-jim-rogers/articleshow/82627407.cmsSECTIONSCommodities are the cheapest asset class in the world now: Jim RogersLast Updated: May 14, 2021, 02:19 PM ISTSynopsis “If you can find the
Stranded NRIs look at Cambodia, Vietnam & Lanka for tax tourism – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/migrate/stranded-nris-look-at-cambodia-vietnam-lanka-for-tax-tourism/articleshow/82612491.cmsSynopsis Many multinational employees are stuck in India as several countries are not allowing Indians to fly back. In other cases, some NRIs want
Number of independent directors on decline; PSUs mainly responsible for reduction: Report – The Economic Times
lipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/number-of-independent-directors-on-decline-psus-mainly-responsible-for-reduction-report/articleshow/82629611.cmsSynopsis The total number of IDs reduced to 2,249 in 2020 as against 2,396 in 2019 and 2,494 in the previous year, said the
RBI tells lenders to reconsider ties with crypto exchanges, traders | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-tells-lenders-to-re-consider-ties-with-crypto-exchanges-traders-121051300685_1.html The guidance comes as India is crafting a law to ban cryptocurrencies and penalise anyone dealing in them, which would be among the
Sebi objects to Securities Appellate Tribunal missing key member | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-objects-to-securities-appellate-tribunal-missing-key-member-121051301411_1.html Tribunal has taken opinion of senior counsel in the matter The SAT hears appeals against decisions that Sebi takes as securities market regulator
Commodity conundrum | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/commodity-conundrum-121051301342_1.html Higher international prices will increase policy risks A decline in the inflation rate and a surge in the index of industrial production (IIP) would please markets and