Clipped from: https://indianexpress.com/article/explained/india-gst-revenue-collection-7546328/ Though the revenue growth came on a lower base, the average monthly GST collections in the second quarter have improved, rising 5 per
Category: Economy
ECGC assures exporters against increase in insurance premium despite Covid disruptions – BusinessToday
Clipped from: https://www.businesstoday.in/latest/corporate/story/ecgc-assures-exporters-against-increase-in-insurance-premium-despite-covid-disruptions-308211-2021-10-01 ECGC CMD M Senthilnathan says all payable claims will be duly paid and that it has enough financial resources to meet any increase
PLI norm for EVs: Too big at birth – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/pli-norm-for-evs-too-big-at-birth/articleshow/86659075.cmsSynopsis The rule that existing automakers will need to make new investments of Rs 2,000 crore to qualify for the PLI scheme is too
inflation: Eyes on the supply-side: Disruptions could lead to further price increases – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/eyes-on-the-supply-side-disruptions-could-lead-to-further-price-increases/articleshow/86658550.cmsSynopsis Current inflationary trends should be transient. But there are lingering upside risks that can keep them elevated for longer than expected, including a
Breaking: Cabinet approves Rs 4,000 cr investment in ECGC in 5 years – BusinessToday
Clipped from: https://www.businesstoday.in/latest/economy/story/cabinet-approves-rs-4000-cr-investment-in-ecgc-in-5-years-307966-2021-09-29 The move will help create 59 lakh new jobs. Capital infusion and planned IPO will increase ECGC’s underwriting capacity up to 88,000 crore
What gives rise to the rural debt trap?–Sonal Ann D’Souza, Sunit Arora write: INDIAN EXPRESS
Clipped from: https://indianexpress.com/article/opinion/columns/what-gives-rise-to-the-rural-debt-trap-7542634/ Sonal Ann D’Souza, Sunit Arora write: Inadequate access to affordable credit lies at the heart of rural distress Access to credit is complicated
For flexible energy prices in India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/for-flexible-energy-prices-in-india/articleshow/86590991.cmsSynopsis The way ahead clearly is to subsidise income-poor consumers who cannot afford price rises, rather than deploy administrative fiat in a bid to
Reforms will improve capital allocation – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/reforms-will-improve-capital-allocation/articleshow/86622108.cmsSynopsis The extant norms for delisting and takeover require that the acquirer make directionally contradictory share acquisition transactions during mandatory open offer, and then
It’s the government, not RBI, which will decide when to start tapering | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/it-s-the-government-not-rbi-which-will-decide-when-to-start-tapering-121092900092_1.html Experts need to look at things that have a bearing on the forthcoming elections, namely, food price inflation and the output gap, especially
More than unemployment numbers, shrinkage in purchasing power worrying – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-more-than-unemployment-numbers-shrinkage-in-purchasing-power-worrying/articleshow/86621294.cmsSynopsis With purchasing power going down significantly, rebooting the consumer-based structure is going to be a difficult task. All these assumptions need serious calculations
Govt extends Emergency Credit Line Guarantee Scheme till March 31, 2022 – BusinessToday
Clipped from: https://www.businesstoday.in/latest/economy/story/govt-extends-emergency-credit-line-guarantee-scheme-till-march-31-2022-307995-2021-09-29 Last date of disbursement under the scheme extended to June 30, 2022; the move follows demands raised by entities seeking extension of support
A jobs problem: Labour data in India is lagged and patchy. But supply-demand mismatch is still clear
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/a-jobs-problem-labour-data-in-india-is-lagged-and-patchy-but-supply-demand-mismatch-is-still-clear/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
India’s external debt rises 2.1% to $570 billion | Deccan Herald
Clipped from: https://www.deccanherald.com/national/indias-external-debt-rises-21-to-570-billion-1035561.html External debt to GDP ratio rose marginally to 21.1% from 20.6% as of end-March 2020 Representative image. Credit: iStock Photo India’s external debt
Swaminathan Aiyar on why China’s loss cannot be India’s gain – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/swaminathan-aiyar-on-why-chinas-loss-will-not-be-indias-gain/articleshow/86608938.cmsSECTIONSSwaminathan Aiyar on why China’s loss cannot be India’s gainLast Updated: Sep 29, 2021, 02:03 PM ISTSynopsis “FDI will always be a very small
Direct tax receipts: So far, pretty good – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/direct-tax-receipts-so-far-pretty-good/articleshow/86590742.cmsSynopsis The Centre’s gross tax revenue, budgeted at Rs 22 lakh crore for 2021-22, is only about 9.9% of GDP, and less than double
ftp: Industry may find $400 billion exports target a struggle with the FTP extended till March 2022 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/industry-may-find-400-billion-exports-target-a-struggle-with-the-ftp-extended-till-march-2022/articleshow/86580048.cmsSynopsis The FTP is a set of guidelines and instructions by DGFT pertaining to the import and export goods of India. Its aim has
Fiscal gains | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/fiscal-gains-121092801526_1.html Higher tax revenue will give more flexibility in pushing expenditure The Union government’s borrowing plan for the second half of this fiscal year
Direct tax receipts: So far, pretty good – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/direct-tax-receipts-so-far-pretty-good/articleshow/86590742.cmsSynopsis The Centre’s gross tax revenue, budgeted at Rs 22 lakh crore for 2021-22, is only about 9.9% of GDP, and less than double
PLI scheme for textiles sector: Only mfg firms registered in India to be eligible for sops – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/pli-scheme-for-textiles-sector-only-mfg-firms-registered-in-india-to-be-eligible-for-sops/article36707327.ece?homepage=true Only one company of a group will be allowed to be registered for PLI for Textiles Only manufacturing companies registered in India will
PLI scheme: Auto component companies hope to pare imports | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/pli-scheme-auto-component-companies-hope-to-pare-imports-121092701377_1.html It would also reduce imports from countries like China, Taiwan and South Korea and facilitate foreign collaborators to set up manufacturing footprint in
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