Clipped from: https://economictimes.indiatimes.com/news/india/in-his-maiden-budget-tn-fm-cuts-tax-on-petrol-by-3-a-litre/articleshow/85312237.cmsSynopsis TN finance minister Palanivel Thiaga Rajan slashed the tax on petrol by ₹3 per litre, on the instructions of the chief minister, while
Category: Economy
Rs 6 trillion asset monetisation plan in the offing, says DIPAM secretary | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rs-6-trillion-asset-monetisation-plan-in-the-offing-says-dipam-secretary-121081100676_1.html “National monetisation plan will have a range of assets from Power Grid pipelines to national highways, toll operate transfer (TOTs),” said Pandey DIPAM
Gadkari pitches for using RBI’s rising forex reserves for infra development | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/gadkari-pitches-for-using-rbi-s-rising-forex-reserves-for-infra-development-121081100924_1.html Gadkari pointed out that he is talking to the World Bank, the Asian Development Bank and the New Development Bank NDB) for infrastructure
Microfinance industry bounces back to pre-Covid levels – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/microfinance-industry-bounces-back-to-pre-covid-levels/article35852083.ece?homepage=true Records 26 per cent year-on-year growth in loan disbursement disbursing loans worth ₹93,100 crore in the January-March 2021 quarter The microfinance industry is
Advantage MSMEs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/advantage-msmes/article35841860.ece Pharma PLI rule tweak favours incumbents To promote industrial growth, the government, supporting ‘Atmanirbhar Bharat’ and ‘Make in India’, has come up with
Companies fight to protect margins as inflation reaches tipping point | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/companies-fight-to-protect-margins-as-inflation-reaches-tipping-point-121081100111_1.html Companies as diverse as the Indian unit of Unilever Plc and Tata Motors are increasingly complaining about pricier inputs. Indian companies are running out of
High cost of containers to impact India’s exports: TPCI – The Financial Express
Clipped from: https://www.financialexpress.com/economy/high-cost-of-containers-to-impact-indias-exports-tpci/2307929/ It said that new records have been hit in container freight spot rates of all carriers and further rise is expected this month.
Recovery is on, spend more, GoI – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/recovery-is-on-spend-more-goi/articleshow/85218528.cmsSynopsis Investment must come primarily from the government at this juncture. The private sector is, indeed, preparing for demand revival, but would firm up
High stress: PSBs set aside over 60% of operating profit as provisions – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/high-stress-psbs-set-aside-over-60-of-operating-profit-as-provisions/2308300/ Bankers say the first quarter saw stress mounting in the retail and small business segments as a result of the second Covid wave.
RBI may have to change stance soon | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/first-edit/rbi-may-have-to-change-stance-soon-1018081.htmlReserve Bank of India logo. Credit: PTI Photo It was expected that the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI)
Supporting growth outweighs inflation unease – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/supporting-growth-outweighs-inflation-unease/article35822693.ece But as economic uncertainty reduces, producers may start hiking prices, pushing up non-food inflation In its August 2021 policy review, the Monetary Policy
Migration from factories to farms, a sign of distress | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/migration-from-factories-to-farms-121080901309_1.html The government’s Periodic Labour Force Survey (PLFS) report shows a sharp increase in employment in agriculture from 42.5% of the total employment in
The foreign stimulus | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-foreign-stimulus-121080901997_1.html With foreign money pouring into the start-up universe, the economy may finally get the stimulus that the government was unable to provide The
Tata group is looking to enter semiconductor manufacturing: Chandrasekaran | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/tata-group-is-looking-to-enter-semiconductor-manufacturing-chandrasekaran-121081000066_1.html Tata group chairman’s remarks come at a time when automobile makers across the world are facing a severe shortage of semiconductors, hitting their
RBI signals a turn towards normalisation – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/rbi-signals-a-turn-towards-normalisation/2306810/ At a time when the Centre is reluctant to spend too much, and a third wave looks likely, affordable interest rates help The
RBI walks the extra mile for growth – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/rbi-walks-the-extra-mile-for-growth/2306825/ While the macro backdrop got further complicated in recent months, RBI’s contra-cyclical policy resolve appears strong Given a stronger global recovery, uptick in
Build an indigenous semiconductor base – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/build-an-indigenous-semiconductor-base/articleshow/85188103.cmsSynopsis Today, America and China are locked in a battle over microelectronics. The US wants to slow down, if not choke off, China’s access
Centre, not RBI, can help fight inflation | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/in-perspective/centre-not-rbi-can-help-fight-inflation-1016799.html A joint decision-making process between the two policymakers, the RBI and the Union Ministry of Finance, is the need of the hour Representative
Govt must ask exporters how diplomats can help | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/govt-must-ask-exporters-how-diplomats-can-help-121080900014_1.html The External Affairs Ministry and the Commerce Ministry should interact with the exporters and find out what they actually need from our diplomats
Tentative beginning | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/tentative-beginning-121080800872_1.html RBI’s position is still fraught with risks As widely expected, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) left the policy rate and
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