Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/follow-the-us-trail-on-legalising-ganja/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The US House of Representatives — America’s equivalent
Author: Anil R Tikotekar
NCLAT stays order directing ArcelorMittal to pay Rs 1,300 crore to Odisha Slurry Pipeline Infrastructure – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/nclat-stays-order-directing-arcelormittal-to-pay-rs-1300-crore-to-odisha-slurry-pipeline-infrastructure/articleshow/79594891.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis “As an ad-interim the operation of the impugned order as regards making of payment by the Appellant (ArcelorMittal India) to ‘OSPIL’ by 15th
Job cuts, salary adjustments in Covid-19 aftermath not as widespread as expected: Report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/jobs/job-cuts-salary-adjustments-in-covid-19-aftermath-not-as-widespread-as-expected-report/articleshow/79592672.cmsSynopsis “Despite the severe impact on revenue and cash, very surprisingly, the display of compassion and community outreach have produced a spontaneous level of
India’s pre-pandemic woes cast a shadow on its swift economic rebound – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-indias-pre-pandemic-woes-cast-a-shadow-on-its-swift-economic-rebound/articleshow/79596175.cmsSynopsis Although India experienced one of the largest growth contractions among emerging markets in 2020, the larger decline sets stage for a larger bounce
Disability: A tale of two societies | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/disability-a-tale-of-two-societies-922405.html Persons with disability can live with dignity if society is structured keeping his/her functioning in mind The tagline “Disability is only a state
How India’s romance with Bharat’s farmers faded | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/how-india-s-romance-with-bharat-s-farmers-faded-922810.html In the current set of farmers’ concerns, the urban elite sees a tale of farmers’ inefficiency & reluctance to embrace the warmth of
Trust deficit: The Hindu Editorial on Dilli Chalo farmer protests and need for a legal guarantee for MSP – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/trust-deficit-the-hindu-editorial-on-dilli-chalo-farmer-protests-and-need-for-a-legal-guarantee-for-msp/article33253115.ece Apart from the fresh amendments, the Centre must consider a legal guarantee for MSP The Samyukta Kisan Morcha, a federation of around 500
RBI extends its pause: What lies ahead for borrowers, depositors and bond markets – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/news-analysis/rbi-extends-its-pause-whats-lies-ahead-for-borrowers-depositors-and-bond-markets/article33247082.ece As was widely expected, the RBI paused and held its key policy repo rate at 4 per cent on concerns over sticky inflation.
RBI to mandate risk-based internal audit for large UCBs, NBFCs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-to-mandate-risk-based-internal-audit-for-large-ucbs-nbfcs/article33251410.ece The Reserve Bank of India (RBI) has decided to bring large Urban Cooperative Banks (UCBs) and Non-Banking Finance Companies (NBFCs) within the Risk
Why action was taken on HDFC Bank for outage – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-governor-on-hdfc-bank-action-public-confidence-in-digital-banking-has-to-be-maintained/article33249138.ece Urges banks to invest proactively in technology; RBI team also looking into outage at SBI Reserve Bank of India Governor Shaktikanta Das on
The power of forward guidance | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-power-of-forward-guidance-120120401574_1.html The point of dissonance is, however, regarding the surplus liquidity sloshing around the banking system and the fear that it might endanger financial
Reserve Bank asks banks not to declare dividend for FY 20 | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/covid-impact-reserve-bank-asks-banks-not-to-declare-dividend-for-fy-20-120120500785_1.html The RBI has asked banks to conserve capital and not make any dividend payments for financial year 2020 The Reserve Bank of India (RBI) has
A no-action monetary policy buys time for growth | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/a-no-action-monetary-policy-buys-time-for-growth-120120401329_1.html The job of breaking the back of inflation is left to the government’s proactive supply management strategies, for now There is no surprise
Pfizer seeks emergency-use authorisation for its Covid-19 vaccine in India | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/pfizer-seeks-emergency-use-authorisation-for-its-covid-19-vaccine-in-india-120120600003_1.html Pfizer India has become the first pharma company to seek an emergency-use authorisation for its coronavirus vaccine in the country from DCGI Pfizer
India hopes for resuming Iran oil imports as Biden presidency nears | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-hopes-for-resuming-iran-oil-imports-as-biden-presidency-nears-120120600065_1.html India halted its imports from Iran, previously its third-largest oil supplier, in mid-2019 after the expiration of US exemptions. Asia’s biggest oil importers
Will atmanirbhar call damage India’s small entrepreneurs? – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/will-atmanirbhar-call-damage-indias-small-entrepreneurs/2143695/ The beneficial linkages between formal and informal enterprises become stronger with trade liberalisation, not protectionism. By Ejaz Ghani the slow growth of India’s
RBI ignores inflation, sticks to growth plan – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/rbi-ignores-inflation-sticks-to-growth-plan/2143686/ The policy seeks to reassure bond markets while hoping a good crop and fixing Covid-bottlenecks will ease inflation Reserve Bank of India (RBI)
Long term recovery for Covid-hit MSMEs to be uneven; hinges on these sectors in 6-12 months ahead – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-long-term-recovery-for-covid-hit-msmes-to-be-uneven-hinges-on-these-sectors-in-6-12-months-ahead/2142464/ Ease of Doing Business for MSMEs: Covid-induced lockdown enforced by the government in March this year had disrupted operations of MSMEs that have
Now MSMEs can prepare, submit restructuring proposals to banks on their own with SIDBI’s new DIY portal – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-now-msmes-can-prepare-submit-restructuring-proposals-to-banks-on-their-own-with-sidbis-new-diy-portal/2142653/ Ease of Doing Business for MSMEs: The proposals can be shared with up to three banks through the portal that has been developed
Covid crisis: For beauty, personal care startups – is it all gloom, or a beginning of bloom? – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/covid-crisis-for-beauty-personal-care-startups-is-it-all-gloom-or-a-beginning-of-bloom/2142674/ Startups should look at the bigger picture. Is it possible to fulfill their true potential without being omnipresent? What does it take to