Clipped from: https://economictimes.indiatimes.com/news/economy/finance/confident-of-reducing-fiscal-deficit-to-4-5-of-gdp-by-fy26-exp-secy/articleshow/80733196.cmsSynopsis India has exceeded its fiscal deficit target of 3.5 per cent in the current fiscal by a wide margin due to higher spendings
Author: Anil R Tikotekar
मी यापूर्वी बँक ऑफ महाराष्ट्र मध्ये क्षेत्रीय अधिकारी म्हणून काम करत होतो. मुंबई, पुणे, सोलापूर, कोल्हापूर व लातूर येथे काम करण्याचा अनुभव आहे . १६ वर्षे मनेजर म्हणूनही काम केले आहे तसेच बँक ऑफ महाराष्ट्र मधील ट्रेनिंग कॉलेज मध्ये शिकवण्याचा देखील अनुभव आहे. माझा इमेल aniltikotekar@gmail.com असा आहे. माझी website अजून चांगली कशी होईल याबाबत सूचनांचे स्वागतच आहे. कोणत्याही आर्थिक फायदा मिळवावा अशा हेतूने ही website सुरु केलीली नाही याची नोंद वाचकांनी घेणे गरजेचे आहे. तसेच या संकेतस्थळावर दिला गेलेला सल्लाअमलात आणण्याआधी आपल्या आर्थिक बाबी माहित असण्याऱ्या व्यक्तींचा [ जसे की CA ] सल्ला घ्यावा. समाजातील काही घटनांना थोडीशी जरी मदत झाली तरी हा प्रयत्न थोडाफार तरी यशस्वी झाला असे म्हणता येईल.
Power demand remains higher in 1st week, crosses record peak of Feb’20 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/energy/power/power-demand-remains-higher-in-1st-week-crosses-record-peak-of-feb20/articleshow/80732012.cmsSynopsis According to the power ministry data, peak power demand met was recorded at 187.71GW on February 1, 188.15 GW on February 2; 188.11
FDI cap hike to raise insurance penetration, help attract overseas funds: Experts – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/fdi-cap-hike-to-raise-insurance-penetration-help-attract-overseas-funds-experts/articleshow/80732874.cmsSynopsis The proposed increase in FDI would also likely result in increased value for customers by way of more product options at reduced costs,
Government targets 1,000 routes under UDAN scheme: Puri – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/government-targets-1000-routes-under-udan-scheme-puri/articleshow/80735472.cmsSynopsis Addressing a press conference at the BJP’s state office Kushabhau Thakre Parisar here over the Union Budget 2021-22, Puri also said that domestic
Brexit and Covid slash UK exports to EU, according to report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/business/brexit-and-covid-slash-uk-exports-to-eu-according-to-report/articleshow/80735342.cmsSynopsis The stark drop in goods carried on ferries and through the Channel tunnel was registered by lobby group the Road Haulage Association (RHA)
Benefits on buying new vehicles on scrapping of old; taxes, other levies for polluting cars: Nitin Gadkari – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/benefits-on-buying-new-vehicles-on-scrapping-of-old-taxes-other-levies-for-polluting-cars-nitin-gadkari/articleshow/80731318.cmsSynopsis The voluntary vehicle scrapping policy announced in the Union Budget for 2021-22 is touted as a major step to boost the Indian automobile
Disinvestment aimed at growth, not to plug fiscal deficit: DIPAM Secretary – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/disinvestment-aimed-at-growth-not-to-plug-fiscal-deficit-dipam-secretary/articleshow/80736283.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis As the Budget 2021 comes up with major thrust on privatisation of public sector enterprises, Disinvestment Secretary, Tuhin Kanta Pandey has said that
bank privatisation: Govt to work with RBI for execution of bank privatisation plan: Sitharaman – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/govt-to-work-with-rbi-for-execution-of-bank-privatisation-plan-sitharaman/articleshow/80734931.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Speaking to reporters in the financial capital, Sitharaman also said that the government has no plan to form any bank investment company to
FM rejects Opposition charge of ‘selling family silver’; says government wants some PSUs to do well – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/fm-rejects-opposition-charge-of-selling-family-silver-says-government-wants-some-psus-to-do-well/articleshow/80733874.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The finance minister added, “Family silver should be strengthened, it should be our takat (strength)… Because you’ve spread it so thinly, there are
‘India lost more than a year’s worth of growth; can’t afford to go on a debt binge’ – The Financial Express
Clipped from: https://www.financialexpress.com/budget/india-lost-more-than-a-years-worth-of-growth-cant-afford-to-go-on-a-debt-binge/2187664/ Union Budget 2021 India: The economic contraction — the first in India since the 1970s — has put pressure on its government like
Hits and misses for real estate – BUDGET 2021: The Financial Express
Clipped from: https://www.financialexpress.com/money/budget-2021-hits-and-misses-for-real-estate/2187721/ Two major incentives given to the real estate sector are tax benefits for affordable housing and for private investment formats such as REITs
Fewer board meetings, exemption from preparing cash flow statement, more for small companies come April 1 – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-fewer-board-meetings-exemption-from-audtor-rotation-preparing-cash-flow-statement-more-for-small-companies-come-april-1/2187304/ Ease of Doing Business for MSMEs: Commerce Minister Nirmala Sitharaman in her budget speech on Monday had proposed to revise the definition of
Two-wheeler makers plan to resume capital expenditure plans in FY22 | Business Standard News
Clipped from: https://www.business-standard.com/article/automobile/two-wheeler-makers-plan-to-resume-capital-expenditure-plans-in-fy22-121020600074_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 This will come as a boost for the government, seeking private sector capex Two-wheeler makers are planning to resume their capital expenditure plans in FY22 as
Inflation, Budget and its implications: RBI’s two guiding forces on rates | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/inflation-budget-and-its-implications-rbi-s-two-guiding-forces-on-rates-121020500358_1.html The other signals expected from the policy related to the rollback of measures announced during the pandemic The guiding forces for Friday’s monetary
Future-RIL deal skating on thin ice, may even get derailed, say lawyers | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/future-ril-deal-skating-on-thin-ice-may-even-get-derailed-say-lawyers-121020500845_1.html They believe the best way forward is for Amazon and Future to negotiate with each other on how to ensure that Future group
Fast-food chains get future-ready as curbs are fully lifted, biz recovers | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/fast-food-chains-get-future-ready-as-curbs-are-fully-lifted-biz-recovers-121020501696_1.html Robust store rollouts in the works; focus on dine-in and delivery Food service players such as Jubilant FoodWorks and Westlife Development are putting
Don’t shy away from running a larger fiscal deficit – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/view-dont-shy-away-from-running-a-larger-fiscal-deficit/articleshow/80739338.cmsSynopsis A target figure for a country’s fiscal deficit cannot be arrived at in a vacuum. A nation’s economic growth rate, current level of
Over 2.9 lakh cyber security incidents related to digital banking reported in 2020 – The Hindu
Clipped from: https://www.thehindu.com/sci-tech/technology/over-29-lakh-cyber-security-incidents-related-to-digital-banking-reported-in-2020/article33757241.ece?homepage=true The Minister of State for Electronics and IT Sanjay Dhotre noted that the rising popularity of non-banking financial companies (NBFCs) along with e-commerce
Buffeted by Centre and State, GM threatens legal action – The Hindu
Clipped from: https://www.thehindu.com/business/Industry/buffeted-by-centre-and-state-gm-threatens-legal-action/article33770765.ece?homepage=true A year after announcing plans to sell its Talegaon plant, automaker rejects Maharashtra government’s order to continue operations Squeezed between the Centre’s decision
NITI Aayog study to track economic impact of green judgements – The Hindu
Clipped from: https://www.thehindu.com/news/national/niti-aayog-study-to-track-economic-impact-of-green-judgements/article33770515.ece?homepage=true Think tank for ‘economically responsible approach by judiciary’ The NITI Aayog — the government’s apex thinktank — has commissioned a study that seeks
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