Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/insure/indias-insurance-penetration-extremely-low-compared-to-asian-rivals-such-as-china-malaysia-and-thailand-economic-survey-2020-21/articleshow/80584960.cmsSynopsis Even as India’s insurance penetration grew from 2.71% in 2001 to 3.76% in 2019, when compared with the penetration recorded in comparable Asian
Author: Anil R Tikotekar
India Banks Crisis: Economic Survey points out the original sin that caused India’s banking crisis–ECONOMIC SURVEY 2021 | the economic times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/economic-survey-points-out-the-original-sin-that-caused-indias-banking-crisis/articleshow/80574246.cmsSynopsis Severe under-capitalisation of Indian banks was the inevitable outcome of prolonged forbearance. This triggered a distortion in bank’s potential incentives, eventually emboldening them
CBI books six Indian Overseas Bank officials for misappropriating Rs 4.56 crore – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/cbi-books-six-indian-overseas-bank-officials-for-misappropriating-rs-4-56-crore/articleshow/80584903.cmsSynopsis Although six officials have been booked, the complaint from the Indian Overseas Bank shows that it was Veepuri who received over Rs 2.64
RBI should identify when to roll back forbearance extended to banks: Economic Survey – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/rbi-should-identify-when-to-rollback-forbearance-extended-to-banks-economic-survey/articleshow/80584866.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The first lesson for policymakers is to treat emergency measures as such and not to extend them even after recovery: when an emergency
Economists divided over Economic Survey’s projections – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/economists-divided-over-economic-surveys-projections/articleshow/80588950.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Earlier in the day, Chief Economic Adviser K V Subramanian projected an 11 per cent growth for 2021-22, aided by V-shaped recovery and
Healthcare needs a shot of funds–ECONOMIC SURVEY: – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/economic-survey-healthcare-needs-a-shot-of-funds/articleshow/80595731.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis It observed that India has one of the highest levels of OOPE in the world, contributing directly to the high incidence of catastrophic
IBC has changed debtor-creditor dynamics – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/ibc-has-changed-debtor-creditor-dynamics/articleshow/80592201.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The Insolvency and Bankruptcy Code has hence brought about significant behavioural changes among the creditors and debtors thereby redefining debtor-creditor relationship. Fear of
Ethical wealth creation is way forward: Economic Survey – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/ethical-wealth-creation-is-way-forward/articleshow/80591938.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis “Given India’s stage of development, India must continue to focus on economic growth to lift the poor out of poverty by expanding the
Economic Survey bats for big expansion of govt spending – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/survey-bats-for-big-expansion-of-govt-spending/articleshow/80594675.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The economy had been slowing even before the pandemic: growth was 6.5% in 2018-19 and 4% in 2019-20. The pandemic shrank the economy
Fiscal push or reforms: What should it be? Fine print holds clues – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/fiscal-push-or-reforms-what-should-it-be-fine-print-holds-clues/articleshow/80595651.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Importantly, and perhaps more so after the pandemic, it calls for increasing investment in health infrastructure, by boosting public spending from 1% of
India’s economic recovery like cricket team’s performance down under: CEA – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/indias-economic-recovery-like-cricket-teams-performance-down-under-cea/articleshow/80595581.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis India’s V-shaped recovery was like the Indian cricket team’s performance in Australia which bounced from an all-time low score of 36 runs to
Zombie lending, forbearance, evergreening: Economic Survey talks about lending perils in India | Deccan Herald
Clipped from: https://www.deccanherald.com/business/union-budget/zombie-lending-forbearance-evergreening-economic-survey-talks-about-lending-perils-in-india-944845.html This commentary may be the result of the fact that RBI had to bail out two full-fledged private banks within a span of
Economic Survey 2021 key takeaways: Lockdown-led V-shaped recovery, 11% FY22 GDP growth, healthcare boost and more | Deccan Herald
Clipped from: https://www.deccanherald.com/business/union-budget/economic-survey-2021-key-takeaways-lockdown-led-v-shaped-recovery-11-fy22-gdp-growth-healthcare-boost-and-more-944759.html The eighth Union Budget under the Modi government is scheduled to be presented by Finance Minister Nirmala Sitharaman on February 1, 2021 India’s Economic Survey, presented ahead of
न्याय आणि निकाल –महाराष्ट्र टाइम्स
Clipped from: https://maharashtratimes.com/editorial/bombay-high-court-nagpur-bench-judgment-on-sexual-assault-under-pocso/articleshow/80540694.cms न्यायालये निकाल देत असतात; पण अनेकदा त्यांच्या त्या निकालांमधून न्याय मिळतो का, हा प्रश्न पडू शकतो. याचे मुख्य कारण, कोणत्याही खटल्याचा निकाल ही
Inspired by Mahabharata, Indian policy chooses lives over economy amid COVID-19–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/inspired-by-mahabharata-indian-policy-chooses-lives-over-economy-amid-covid-19/story/429513.html?ref=taboola Economic Survey 2021: India recognised that while GDP growth will recover from the temporary shock caused by the pandemic, human lives that are
Bank of Baroda considers permanent work from home option–business today
Clipped from: https://www.businesstoday.in/sectors/banks/bank-of-baroda-considers-permanent-work-from-home-option/story/429352.html?ref=taboola The bank has also appointed management consultancy firm McKinsey & Co to help implement a strategy for a post-Covid world Representational Image (Photo-PTI)
Common man’s wishlist in pandemic times–BUDGET 2021: business today
Clipped from: https://www.businesstoday.in/union-budget-2021/columns/budget-2021-common-mans-wishlist-in-covid19-pandemic-times/story/429453.html Whilst Finance Minister Nirmala Sitharaman will be laying down measures to bolster the economy in Budget 2021, factors that impact the common man
How can Budget 2021 unleash greater potential for healthcare and pharma sector–business today
Clipped from: https://www.businesstoday.in/union-budget-2021/columns/how-can-budget-2021-unleash-greater-potential-for-healthcare-and-pharma-sector/story/429451.html Similar to the anticipation for the COVID-19 vaccination, the healthcare industry is also looking forward to an incentive booster in the upcoming Union
What to expect from FM Nirmala Sitharaman’s third act–BUDGET 2021–business today
Clipped from: https://www.businesstoday.in/union-budget-2021/columns/budget-2021-what-to-expect-from-fm-nirmala-sitharamans-third-act/story/429433.html The government should speedily release all outstanding payments or tax refunds owed to service providers in the form of pending bills. This includes
GST waiver, level-playing field; what agri sector expects from FM Nirmala Sitharaman?–BUDGET 2021:
Clipped from: https://www.businesstoday.in/union-budget-2021/columns/budget-2021-gst-waiver-level-playing-field-what-agri-sector-expects-from-fm-nirmala-sitharaman/story/429404.html The Agri warehousing and Agri-NBFC sectors have a lot of expectations from the upcoming budget as the growth of these two sectors is