Clipped from: https://economictimes.indiatimes.com/news/economy/finance/rating-companies-report-sharpest-rise-in-upgrades-improvement-in-creditworthiness/articleshow/84729732.cmsSynopsis The credit ratio, or upgrades over downgrades, has seen a steady rise since the first quarter of last year. The gauge was at
Category: Economy
View: 1991 economic reforms gave us miracle growth, but now it’s fading – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-1991-reforms-gave-us-miracle-growth-but-now-its-fading/articleshow/84723737.cmsSynopsis In 1991, India’s capita income was just $360 a year, having been overtaken by several “miracle economies” of Asia growing at 7% per
Need for relaunch of PMAY scheme with in-built credit-linked insurance: CII – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/need-for-relaunch-of-pmay-scheme-with-in-built-credit-linked-insurance-cii/articleshow/84726652.cmsSynopsis The PMAY is the ambitious mission of the government aimed at ‘Housing for All’ as India completes 75 years of Independence by the
‘Next quarter, there will be a boom in steel demand’: JSW Steel MD | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/next-quarter-there-will-be-a-boom-in-steel-demand-jsw-steel-md-121072500449_1.html Investment in infrastructure by various governments and energy transition are driving demand for steel, says Seshagiri Rao Seshagiri Rao, joint managing director and
Outlook for Cement companies remains strong; analysts bullish about sector | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/outlook-for-cement-companies-remains-strong-121072301485_1.html Three top players, UltraTech, Ambuja and ACC post a robust performance in June quarter The year-on-year (YoY) results of cement firms will be
Why today’s India isn’t ready to embrace 1991-style economic reforms – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/why-todays-india-isnt-ready-to-embrace-1991-style-economic-reforms/articleshow/84698925.cmsSynopsis That’s not because Modi is afraid of bold initiatives or lacks the political capital to see them through; his popularity remains unmatched, as
Economic reforms benefited unevenly; wealth creation at bottom of pyramid needed: Mukesh Ambani – The Financial Express
Clipped from: https://www.financialexpress.com/industry/economic-reforms-benefited-unevenly-wealth-creation-at-bottom-of-pyramid-needed-mukesh-ambani/2296946/ Ambani further said the understanding of wealth and the ways to pursue it have to change and root them in the primacy of
Sobering anniversary: Reforms weren’t allowed to reform enough–times of india
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/sobering-anniversary-reforms-werent-allowed-to-reform-enough/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
Withdrawal Symptoms: Central banking, fast and slow – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/withdrawal-symptoms-central-banking-fast-and-slow/2295940/ A central bank that falls behind may be forced to slam on the brakes, risking a recession and financial-market instability As the year
‘Tax holidays are a major hurdle to boost State’s own tax revenue’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/tax-holidays-are-a-major-hurdle-to-boost-states-own-tax-revenue/article35482893.ece Financial status of most States jeopardised, says researcher R Mohan Tax sops offered by State governments, especially tax holidays, are a major hurdle
Karan Thapar | Loans, not relief: A raw deal for the urban poor–DC Edit
Clipped from: https://www.deccanchronicle.com/opinion/columnists/080721/karan-thapar-loans-not-relief-a-raw-deal-for-the-urban-poor.html CEA to claim a better way of helping the urban poor is a government-backed loan scheme run by micro-finance institutions. (AFP Photo) I am
Road ahead more daunting, need to recalibrate priorities: Manmohan Singh on 30 years of liberalisation – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/politics-and-nation/road-ahead-more-daunting-need-to-recalibrate-priorities-manmohan-singh-on-30-years-of-liberalisation/articleshow/84676987.cmsSynopsis The social sectors of health and education have lagged behind and not kept pace with our economic progress. Too many lives and livelihoods
Govt set to overshoot FY22 tax collection target as Q1 mop-up reaches Rs 5.6 lakh cr: Icra – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/govt-set-to-overshoot-fy22-tax-collection-target-as-q1-mop-up-reaches-rs-5-6-lakh-cr-icra/articleshow/84679210.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The revenue department is yet to officially release tax collection data, but the finance ministry informed the Lok Sabha on July 19 that
Small Business, Big Stress – BusinessToday
Clipped from: https://www.businesstoday.in/magazine/industry/story/small-business-big-stress-301992-2021-07-22 Government relief measures for MSMEs have benefited only a few players. A large number may be unable to survive the pandemic The last
How India can become a cashless economy – BusinessToday
Clipped from: https://www.businesstoday.in/opinion/columns/story/how-india-can-become-a-cashless-economy-302210-2021-07-23 Targeted incentives will encourage consumers and merchants to consider moving away from cash. This might be achieved by reducing the cost of digital
India-China trade: Engineering goods exports to China, Singapore & Malaysia fall sharply in June: EEPC – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/engineering-goods-exports-to-china-singapore-malaysia-fall-sharply-in-june-eepc/articleshow/84668621.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Exports to China, world’s largest buyer of raw material, in value terms declined 33% to US$ 501.9 million in June, 2021 from US$
Semiconductor: Global chip shortage will easily drag into 2022: Stellantis CEO – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/global-chip-shortage-will-easily-drag-into-2022-stellantis-ceo/articleshow/84667762.cmsSynopsis The global chip shortage comes as demand for cars has spiked during the global economy’s recovery from the coronavirus crisis, driving up prices
Inflationary situation in India is at a ‘very risky bend’: Kaushik Basu | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/inflationary-situation-in-india-is-at-a-very-risky-bend-kaushik-basu-121072201507_1.html India needs a much better curation of policy once again between the Reserve Bank of India and the finance ministry, says former CEA
More women have exited formal employment in India than men | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/covid-impact-more-women-have-exited-formal-employment-in-india-than-men-121072300350_1.html Of the more than half a million women who exited the formal workforce and did not join back, two-thirds were under 35 years
Cabinet approves ₹6,322 crore PLI scheme for specialty steel – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/cabinet-approves-6322-crore-pli-scheme-for-specialty-steel/article35473666.ece Decision to help create more than 5,25,000 jobs in the country To cut down import dependence and promote the Made-in-India campaign, the Union