Clipped from: https://www.financialexpress.com/market/shaktikanta-das-burns-cryptocurrency-investors-calls-crypto-assets-worth-less-than-tulip-bulbs/2430274/ RBI’s Shaktikanta Das said investors investing in crypto should keep in mind these cryptocurrencies do not have an underlying, not even a tulip.
Category: ART
RBI’s decision to keep interest rates & stance unchanged has come as a respite to bond prices, say market experts – The Financial Express
Clipped from: https://www.financialexpress.com/market/rbis-decision-to-keep-interest-rates-stance-unchanged-has-come-as-a-respite-to-bond-prices-say-market-experts/2430548/ Market experts said that no change in rates or stance by the Reserve Bank of India is a big boost to sagging bond
Will focus on scrutiny, audit of GST returns in coming year: Vivek Johri, CBIC chairman – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/will-focus-on-scrutiny-audit-of-gst-returns-in-coming-year-vivek-johri-cbic-chairman/articleshow/89466069.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 Synopsis Johri says the rationalisation exercise would involve restructuring of the rates. It may involve a review of exemptions. And in the bargain,
RBI projects 7.8% GDP growth for 2022-23 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/rbi-projects-7-8-gdp-growth-for-2022-23/articleshow/89472081.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 Synopsis The Reserve Bank of India has pegged the economic growth rate for 2022-23 at 7.8 per cent, down from 9.2 per cent
Bankers, financial experts hail RBI policy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/bankers-financial-experts-hail-rbi-policy/articleshow/89483770.cms Synopsis The central bank’s monetary policy committee earlier in the day decided to keep the benchmark interest rate unchanged at 4 per cent,
In current times, monetary and fiscal policies cannot be a ‘question of either or’: Shaktikanta Das – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/in-current-times-monetary-and-fiscal-policies-cannot-be-a-question-of-either-or-shaktikanta-das/articleshow/89483323.cms Synopsis To a query on whether the central bank has fallen behind the curve of its peers, Das said, “we are very clear
Banking on the budget with no surprises | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/banking-on-the-budget-with-no-surprises-122013100001_1.html The future of deposits will be an issue for banks. This year, quite ironically, banks have been happy with deposits not growing, as
Budget 2022: All you want to know but don’t always ask | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/budget-all-you-want-to-know-but-don-t-always-ask-122013001046_1.html The big elephant in the room is LIC. Every effort is on for its IPO. If that happens, and it probably will, the
Tax when you want to spend | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/tax-when-you-want-to-spend-122013001016_1.html Raise the tax-GDP ratio to finance rising revenue expenditure The principal fiscal challenge that India faces is the stagnation in the tax-GDP ratio for
Buyer shouldn’t pay for bank’s mistake | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/buyer-shouldn-t-pay-for-bank-s-mistake-122013000883_1.html Despite the State Commission having concluded that there was deficiency in service on the part of the bank, it had not been held
Govts can’t create jobs | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/govts-can-t-create-jobs-122013101786_1.html The less they focus on employment creation, the better it may be for the economy One of the problems created by giving the
No self-congratulation | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/no-self-congratulation-122013101755_1.html Economic Survey wrestles with growth impact of pandemic The Economic Survey for 2021-22 has been tabled in Parliament, in a format somewhat different from previous
Behind the scenes of an optimistic Survey – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/behind-the-scenes-of-an-optimistic-survey/article64960409.ece Given the mounting inflationary pressures, will the Budget take the path of fiscal consolidation? This presents an optimistic picture of the Indian economy.
Budget should boost growth with sound mid-term fiscal roadmap – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/budget-should-boost-growth-with-sound-mid-term-fiscal-roadmap/article64959202.ece A consumption boost to revive sentiments is a distinct likelihood in this Budget The economy is currently in a nascent stage of recovery
What is the ‘Agile Framework’ used in this year’s Economic Survey – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/bl-explainer-what-is-the-agile-framework-used-in-this-years-economic-survey/article64959383.ece The framework is based on 12 principles What is an Agile Framework? It is a framework for project and policy implementation that is
PLI scheme may generate 6 million jobs in next 5 years: FM Sitharaman | Business Standard News
Clipped from: https://www.business-standard.com/budget/article/pli-scheme-may-generate-6-million-jobs-in-next-5-years-fm-sitharaman-122020100561_1.html Presenting the Union Budget 2022-23, her fourth budget to date, she said that the PLI schemes have received tremendous response The Production-Linked Incentive
Budget 2022: Govt to interlink Udyam, e-Shram, NCS, ASEEM portals to support MSMEs – The Financial Express
Clipped from: https://www.financialexpress.com/budget/msme-eodb-budget-2022-govt-to-interlink-udyam-e-shram-ncs-aseem-portals-to-support-msmes/2422640/ Ease of Doing Business for MSMEs: “They will now perform as portals with live, organic databases, providing G2C, B2C and B2B services. These
Mental health experts hail FM announcement of setting up 23 tele-mental health centers in budget speech 2022-23 – The Financial Express
Clipped from: https://www.financialexpress.com/healthcare/healthtech/mental-health-experts-hail-fm-announcement-of-setting-up-23-tele-mental-health-centers-in-budget-speech-2022-23/2422683/ The network of tele-mental health centers will work in coordination with the National Institute of Mental health and Neurosciences (NIMHANS), Bengaluru as the
Budget 2022: Finance Minister spurs spending to sustain economic recovery – The Financial Express
Clipped from: https://www.financialexpress.com/budget/budget-2022-finance-minister-spurs-spending-to-sustain-economic-recovery/2422641/ Her Budget for the fiscal year beginning April 2022 proposed a massive 35 per cent jump in capital expenditure to Rs 7.5 lakh
Budget 2022 Highlights: Top Highlights of budget 2022-23
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/union-budget-2022-speech-highlights-will-sitharaman-live-up-to-indias-expectations/articleshow/89261195.cms Finance minister Nirmala Sitharaman presented the Union Budget 2022, the fourth budget of Modi 2.0, on Tuesday. There were a host of measures for a number