Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/exports-rise-for-11th-month-up-43-3-in-october/articleshow/87479003.cmsSynopsis Official data released on Monday showed a 62.48% rise in imports leaving a trade deficit of $19.9 billion compared to $9.15 billion and
Category: Economy
FM Nirmala Sitharaman asks transport, petroleum, steel ministries to front load capex spending – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/fm-nirmala-sitharaman-asks-transport-petroleum-steel-ministries-to-front-load-capex-spending/articleshow/87494622.cmsSynopsis In continuance to the drive towards accelerated capital spending and timely infrastructure development, she chaired review meetings with the Ministry of Road Transport
Auto finance to rebound only by next fiscal mid: Cholamandalam Investment | Business Standard News
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
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
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