Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-to-restore-the-cash-reserve-ratio-in-two-phases-to-4/article33761504.ece CRR will go up from 3 per cent to 3.5 per cent effective from March 27, and to 4 per cent effective from
Category: Budget
Time to sell the small stuff – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/time-to-sell-the-small-stuff/article33752324.ece Scores of low-profile public sector companies on the block are the products of a different era The headline ‘Scooters India to be sold’
Leaving the middle class high and dry – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/r-srinivasan/leaving-the-middle-class-high-and-dry/article33752250.ece The Budget has once again ignored the middle class. The pandemic had exposed the fragility of India’s consumption base There was this meme
Health as well being – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/more-ground-work-is-needed-to-achieve-the-commendable-goal-of-framing-a-holistic-health-policy/article33742399.ece More ground work is needed to achieve the commendable goal of framing a holistic health policy It is hard to argue against Finance
Unfair tax on savings – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/the-budget-proposal-to-tax-pf-contribution-over-a-certain-limit-is-retrograde/article33752232.ece The proposal to tax PF contribution over a certain limit is retrograde The 2021-22 Budget is notable for not imposing fresh taxes, but
Still at ease – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/the-mpc-has-predictably-held-rates-but-a-roadmap-on-liquidity-conditions-is-needed/article33762099.ece The MPC has predictably held rates, but a roadmap on liquidity conditions is needed With consumer price inflation dipping in December and a
A ‘Shakthi’ dose from the RBI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/a-shakthi-dose-from-the-rbi/article33758290.ece?homepage=true But how the central bank handles the govt’s massive borrowing programme as well as rising corporate demand for credit will be it’s biggest
‘No retro taxation on interest earned for EPF/GPF contributions of over ₹2.5 lakh’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/no-retro-taxation-on-interest-earned-for-epfgpf-contributions-of-over-25-lakh/article33762741.ece?homepage=true Interest of more than ₹2.5 lakh earned annually from contribution to Employees Provident Fund (EPF) or Government Provident Fund (GPF) will not be
Handle debt with care | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/handle-debt-with-care-121020402057_1.html Overall fiscal position can increase risks The fiscal deficit numbers announced in the Union Budget have surprised almost all analysts. According to the revised estimates,
Bond market ko gussa kyun aata hai | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/bond-market-ko-gussa-kyun-aata-hai-121020502010_1.html Normally, the market eats out of the RBI Governor’s hands but the size of the govt borrowing is killing its risk appetite The Monetary
RBI to roll back CRR cut in phases, assures liquidity |MONETARY POLICY: Business Standard News
Clipped from: https://www.financialexpress.com/opinion/three-ways-reserve-bank-of-india-can-fund-higher-deficit/2188249/ Expect RBI to hike banks’ HTM limit by 4% of book ($84 bn), atop 2.5% in FY21, till FY26 (from FY23 now). This
Three ways Reserve Bank of India can fund higher deficit – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/three-ways-reserve-bank-of-india-can-fund-higher-deficit/2188249/ Expect RBI to hike banks’ HTM limit by 4% of book ($84 bn), atop 2.5% in FY21, till FY26 (from FY23 now). This
Banks can deduct loans to new MSME borrowers from NDTL for CRR purpose: RBI – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/banks-can-deduct-loans-to-new-msme-borrowers-from-ndtl-for-crr-purpose-rbi/2188602/ The Reserve Bank of India (RBI) on Friday allowed banks to deduct loans disbursed to new micro, small, and medium enterprise (MSME) borrowers
PLI scheme to be launched on April 1 – WHITE GOODS: –The Financial Express
Clipped from: https://www.financialexpress.com/industry/white-goods-pli-scheme-to-be-launched-on-april-1/2189033/ Under the scheme, eligible investors are now proposed to get incentives of 4-6% on incremental sales (to be calculated over the base year
Predictably running to stand still–the economic times
Clipped from: https://www.business-standard.com/article/opinion/handle-debt-with-care-121020402057_1.html Overall fiscal position can increase risks The fiscal deficit numbers announced in the Union Budget have surprised almost all analysts. According to the revised estimates,
Govt spending in FY21 much less than projected, will not spur demand: CMIE – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/govt-spending-in-fy21-much-less-than-projected-will-not-spur-demand-cmie/articleshow/80705614.cmsSynopsis According to CMIE, the big numbers of 2020-21 were used largely to regularise government books of accounts and partly to provide relief and
Let there not be any doubt, RBI will manage high govt borrowing in FY22: Shaktikanta Das – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/let-there-not-be-any-doubt-rbi-will-manage-high-govt-borrowing-in-fy22-shaktikanta-das/articleshow/80707688.cmsSynopsis The governor said the extraordinary event of the pandemic has resulted in deviation from the fiscal consolidation road map and declined to comment
Will transfer Rs 2.2 lakh crore NPAs to ‘bad bank’: Financial services secretary – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/will-transfer-rs-2-2-lakh-crore-npas-to-bad-bank-financial-services-secretary/articleshow/80701298.cmsSynopsis Financial services secretary Debasish Panda is responsible for implementing some of the key measures – from privatising two banks and a general insurer
RBI monetary policy: Government-RBI jugalbandi playing out well, says SBI MD – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/government-rbi-jugalbandi-playing-out-well-says-sbi-md/articleshow/80708106.cmsSECTIONSGovernment-RBI jugalbandi playing out well, says SBI MDByMythili Bhusnurmath,Last Updated: Feb 05, 2021, 05:28 PM ISTSynopsis NBFCs play a very critical role as far
What financial experts think about RBI’s new window for retail investors to buy-sell govt bonds – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/invest/what-financial-experts-think-about-rbis-new-window-for-retail-investors-to-buy-sell-govt-bonds/articleshow/80706103.cmsSynopsis Encashing direct investments in gilts quickly could be more difficult than encashing gilt mutual fund units. Direct investment in Gilts can be considered