Clipped from: https://www.business-standard.com/article/economy-policy/auto-finance-to-rebound-only-by-next-fiscal-mid-cholamandalam-investment-121110201614_1.html Sees demand rising but no big bang, says multiple issues affecting disbursement growth such as second Covid wave and chip shortage With longer
Category: Economy
India needs a PLI for steel – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/india-needs-a-pli-for-steel/2361464/ Sino-Indian tensions telling on Indian iron-ore exports, PLI can catalyse domestic value addition The fortunes of the Indian producers in terms of exports
Is the economic recovery V, K or W shaped? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/is-the-economic-recovery-v-k-or-w-shaped/article37238131.ece Given the complex nature of the post pandemic recovery, English alphabets may be inadequate in explaining it Economists are busy describing the shape
RBI’s hard choice: Sustaining growth versus controlling inflation -Watch | The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/multimedia/video/watch-rbis-hard-choice-sustaining-growth-versus-controlling-inflation/article37283240.ece A few weeks ago, the high prices of food commodities made headlines nationally. Additionally, fuel prices are also at near all-time highs. A
GST collections may break all records soon: Revenue secretary Tarun Bajaj | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/gst-collections-may-break-all-records-soon-revenue-secretary-tarun-bajaj-121110200082_1.html Bajaj expects the collections to break the Rs 1.4-trillion record Revenue secretary Tarun Bajaj The uptrend in GST collections will continue in the remaining quarters,
Small, medium issue: Economic recovery gaining steam. But low-income groups’ demand & MSMEs are concerns
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/small-medium-issue-economic-recovery-gaining-steam-but-low-income-groups-demand-msmes-are-concerns/TOI Edit Times of India’s Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues of
Fiscal cushion | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/centre-gross-tax-revenues-growth-7603225/ Improved finances gives Centre leeway to slash fuel excise duties, but a renewed spending spree is avoidable Not only has the pandemic had
About 80% of economy now formal following digitisation drive, pandemic: SBI Report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/about-80-of-economy-now-formal-following-digitisation-drive-pandemic-sbi-report/articleshow/87463808.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Share of the informal economy has fallen drastically to 15-20 per cent of the gross value added (GVA) or the formal GDP in
There’s a mismatch between India’s graduate aspirations and job availability–Shobhit Mahajan writes: INDIAN EXPRESS
Clipped from: https://indianexpress.com/article/opinion/columns/india-graduates-aspirations-and-job-availability-7600991/ Shobhit Mahajan writes: There is a huge pool of unemployed university graduates with unfulfilled aspirations. This group of dissatisfied, disgruntled youth can lead
Taking a closer look at money supply – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/taking-a-closer-look-at-money-supply/article37270351.ece?homepage=true For an understanding of inflation, observing money supply growth as opposed to just reserve money growth, is very important Milton Friedman said in
No money left in MGNREGA coffers; 21 States in the red – The Hindu
Clipped from: https://www.thehindu.com/news/national/no-money-left-in-mgnrega-coffers-21-states-in-the-red/article37241358.ece?homepage=true States creating artificial demand, says official; workers pushed into ‘forced labour’ by delayed payments, say activists The Centre’s flagship rural employment scheme has
Inflation threat: Govt must step in | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/in-perspective/inflation-threat-govt-must-step-in-1045474.html It is time to suspend central excise taxes and cess on fuel for at least one year Representative Image. Credit: iStock Photo The
Careful on CA convertibility – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/careful-on-ca-convertibility/2357458/ Big, sudden foreign capital outflows can disrupt markets To be sure, we have come a long way since then; today, domestic residents can
At 35% of BE, April-September fiscal deficit hits 3-year low – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/centres-fiscal-deficit-touches-35-of-annual-target-at-h1-end/article37232130.ece?homepage=true Better tax/non-tax mop-up, expenditure key drivers; core sector output up 4.4% Finance Ministry on Friday reported fiscal deficit for the first half of
Dilemmas after the boom: Market euphoria and an obvious disconnect | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/when-the-sensex-took-leave-of-its-senses-and-gained-40-in-a-difficult-year-121102901334_1.html The likelihood is that the new Samvat will be a period when the market either corrects, or at the least digests the excesses
As economy settles in, Shaktikanta Das has 6 challenges in second term | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/as-economy-settles-in-shaktikanta-das-has-6-challenges-in-second-term-121102901404_1.html The central bank will have to revive credit growth, drain liquidity and keep inflation on hold: that’s just the beginning of his tasks.
Banks must not turn away MSMEs – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/banks-must-not-turn-away-msmes/2358986/ Having run up crores of rupees of corporate NPAs, they can’t afford to be coy about small units Crisil said recently it expects
Where are we in the growth cycle? – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/where-are-we-in-the-growth-cycle/2358990/ As the global economy starts to witness a tapering of peak growth and higher inflation, India could see higher inflation and higher growth
How domestic electronic component manufacturing can help reduce imports, boost private sector investments – BusinessToday
Clipped from: https://www.businesstoday.in/opinion/columns/story/how-domestic-electronic-component-manufacturing-can-help-reduce-imports-boost-private-sector-investments-310291-2021-10-24 The challenge for India is to bring together capital from the government, industry and the advanced nations and the know-how to trigger the
It will need greater clarity over durability of recovery for RBI to firm up its moves towards policy normalisation
Clipped from: https://indianexpress.com/article/opinion/editorials/monetary-policy-committee-rbi-economy-growth-7590564/ The withdrawal of policy support is likely to be gradual with the process playing out at multiple levels — beginning with normalisation of