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
Category: Economy
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
End the impasse: On prolonged impasse over three farm laws – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/end-the-impasse-on-prolonged-impasse-over-three-farm-laws/article37168193.ece A solution is needed for core issues concerning farmers, and not merely for road blocks The time may have come for a more
Industry’s share in bank loans at record low of 26%, shows data | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/industry-s-share-in-bank-loans-at-record-low-of-26-shows-data-121101901562_1.html Personal loans, including housing, now at 26.7% of bank credit, highest ever Illustration: Binay Sinha The share of industrial credit in banks loans, after years
BS BFSI Summit: Economy may grow at 10.5% or more in FY22, says Rajiv Kumar | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/bs-bfsi-summit-economy-may-grow-at-10-5-or-more-in-fy22-says-rajiv-kumar-121101901652_1.htmlNITI Aayog Vice-Chairman Rajiv Kumar The Indian economy will register a growth rate of at least 10.5 per cent this fiscal year against the consensus of
The next step down? Stage is multiply set for a weaker rupee – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/the-next-step-down-stage-is-multiply-set-for-a-weaker-rupee/2351181/ Perhaps, it makes sense for RBI to save its powder to intervene after the rupee’s next step down And, given RBI’s gigantic war
India’s economy gradually recovering, but beware of inflation: IMF | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/imf-says-india-s-economy-recovering-but-warns-of-inflationary-pressures-121101501089_1.html Says gradual cut in monetary support will foster orderly market transition The International Monetary Fund (IMF) said India’s economy is gradually recovering after
Beguiling base: The Hindu Editorial on fuel prices and inflation – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/beguiling-base-the-hindu-editorial-on-fuel-prices-and-inflation/article36994063.ece States and Centre must cut fuel levies to bring down inflation and fuel consumption The latest sets of data on industrial output and
Speed and strength | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/speed-and-strength-121101500031_1.html Gati Shakti shows the intent, but hurdles remain On Wednesday, Prime Minister Narendra Modi launched a national master plan for infrastructure and connectivity
Gati Shakti master plan may help cut logistics cost to 8% of GDP | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/gati-shakti-master-plan-may-help-cut-logistics-cost-to-8-of-gdp-121101500037_1.html Railways looking at Rs 50K cr of investments under the project Commerce and Industry Minister Piyush Goyal The government is working towards reducing
Import surge drives September trade deficit to record $22.6 bn – The Financial Express
Clipped from: https://www.financialexpress.com/economy/import-surge-drives-september-trade-deficit-to-record-22-6-bn/2350065/ However, imports surged at a much faster pace of 84.8% from a year before (albeit on a low base), driving up trade deficit
Centre scraps customs duty on crude edible oils, lowers agri cess – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/commodities/centre-cuts-duty-on-crude-edible-oils-to-zero-to-rein-in-surging-prices/article36981846.ece?homepage=true Move aimed at tackling surging cooking oil prices, rising inflation The Centre on Wednesday cut the Customs duty on crude edible oils to
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