Clipped from: https://economictimes.indiatimes.com/news/economy/policy/cabinet-approves-rs-10683-cr-pli-scheme-for-textile-sector/articleshow/86033142.cmsSynopsis The scheme, part of 13 identified sectors, some of which have already been approved by the Union Cabinet, is expected to boost manufacturing
Category: Economy
PLI scheme: Voltas, Blue Star among AC biggies planning to invest ₹3,000 crore – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/fmcg/pli-scheme-ac-majors-set-to-invest-3000-cr/articleshow/86023660.cmsSynopsis Voltas, Blue Star, Dixon, China’s GMCC, Amber Enterprises, Panasonic, Lloyd and Hindalco are set to apply for the government’s production-linked incentive (PLI) scheme
Will India’s export boom herald a return to 7% miracle GDP growth? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/so-is-this-the-7-solution/articleshow/86027342.cms SynopsisIn 2021, for the first time in eight years, exports are booming. Merchandise exports hit a record $35.17 billion (₹2.58 lakh crore) in
The employment dividend from exports | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-employment-dividend-from-exports-121090701697_1.html The surge in some export sectors has the potential to address India’s urban jobs challenge with necessary policy intervention India’s exports of merchandise
Indian exporters allege global shipping companies are forming cartels | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/indian-exporters-allege-global-shipping-companies-are-forming-cartels-121090601484_1.html Ask govt to regulate them, bat for a larger Indian shipping company A major point the exporters are raising as proof of this
Exporters worried about stuck payments as Sri Lanka declares economic emergency – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/world/exporters-worried-about-stuck-payments-as-sri-lanka-declares-economic-emergency/article36319894.ece?homepage=true Bilateral trade and investment outlook may depend on the extent to which international community can give assistance, say experts Sri Lanka’s economic emergency
Govt’s likely belt tightening leaves experts worried – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/govts-likely-belt-tighteningleaves-experts-worried/article36326367.ece?homepage=true Lower RE, truncated allocation may leave growth under-fuelled, they fear With Budget-making exercise set to kick off soon, it is likely that central
From farms to the kitchen sink | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/from-farms-to-the-kitchen-sink-121090600849_1.html Excess or seasonal labour released from agriculture usually finds its way to construction sites. In the circumstances labour seems to have found employment
Tractor sales to rebound in the coming months after the fall in August | Business Standard News
Expected to touch record high in FY22 but growth to moderate Mahindra tractors, A steep decline of 17 per cent year-on-year in the August sales
Not being depositor-friendly costs PSBs trillions | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/in-perspective/not-being-depositor-friendly-costs-psbs-trillions-1026063.html Public Sector Banks started to play with renewal terms on deposits, lost 9% of the market share Representative Image. Credit: PTI File Photo
Editorials News, Articles and Analysis | Hindustan Times
Clipped from: https://www.hindustantimes.com/editorials/gdp-numbers-tell-a-story-101630499399657.htmlRepresentational Image. (File photo) PREMIUMeditorials GDP numbers tell a story By HT EditorialUPDATED ON SEP 01, 2021 06:04 PM ISTThe 20.1% GDP growth for
Inflation fears: Monetary policy at crossroads – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/inflation-fears-monetary-policy-at-crossroads/2324415/ That there is now a reduced degree of confidence over demand-side inflation pressures remaining quiescent is highly debatable Or, if average inflation has
PLI Schemes: Chinese firms to be let in; MeitY assures industry that supply chains won’t be disrupted, other ministries to follow suit – The Financial Express
Clipped from: https://www.financialexpress.com/industry/pli-schemes-chinese-firms-to-be-let-in-meity-assures-industry-that-supply-chains-wont-be-disrupted-other-ministries-to-follow-suit/2324472/ Though the assurance has been given by the ministry of electronics and IT to the hardware industry executives, who had made a representation
China bogey hits exports – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/logistics/china-bogey-hits-exports/article36301309.ece?homepage=true Shutdown of a few Chinese ports has a spiral effect on Kerala shipments The recent shut-down of some of the Chinese ports following
bibek debroy: I expect real growth to be at least 11 per cent this year: Bibek Debroy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/i-expect-real-growth-to-be-at-least-11-this-year-bibek-debroy/articleshow/85932302.cmsSynopsis “Consider the vaccination numbers India has achieved till the end of August 2021. Not very long ago, international media had said such targets
Corporations want to retain large office spaces, data shows – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/property-/-cstruction/corporations-want-to-retain-large-office-spaces-data-shows/articleshow/85943347.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Several large deals that were concluded recently point to the fact that corporations still want to retain large office spaces in key office
Govt likely to extend incentive scheme IFLADP for leather, footwear industry till 2025-26 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/govt-likely-to-extend-incentive-scheme-ifladp-for-leather-footwear-industry-till-2025-26/articleshow/85942442.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The commerce and industry ministry has submitted a proposal for implementation of the Indian Footwear Leather and Accessories Development Programme (IFLADP) with an
Consumers and companies are buying in on paying later – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/money/consumers-and-companies-are-buying-in-on-paying-later/articleshow/85918492.cmsSynopsis The option to buy now and pay later has soared in popularity, accelerating last year as consumers bought almost everything online at the
Loan delinquencies materially increased in SME, retail segments; NPLs may jump 50% in 2 years: Moody’s – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-loan-delinquencies-materially-increased-in-sme-retail-segments-npls-may-jump-50-in-2-years-moodys/2318358/ Credit and Finance for MSMEs: The retail and SME NPL ratio has increased at most banks rated by Moody’s. This included Punjab National
Subdued govt spending despite high tax revenue may impact growth outlook | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/subdued-govt-spending-despite-high-tax-revenue-may-impact-growth-outlook-121090500443_1.html Revenue expenditure, excluding subsidies, shrunk by 9% in the first four months of the current financial year compared to April-July of last year
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