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
Category: Economy
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
Restructured MSME loan accounts worth over Rs 55k crore by PSBs double in 18 months – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-restructured-msme-loan-accounts-worth-over-rs-55k-crore-by-psbs-double-in-18-months/2295763/ Credit and Finance for MSMEs: To provide resolution to the Covid-19 related stress of MSMEs, the RBI had extended the facility for restructuring existing
India’s jobs and skills conundrum – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/r-srinivasan/indias-jobs-and-skills-conundrum/article35450996.ece Worrying signs There is an alarming gap between jobs and skills – Bijoy Ghosh Worrying signs There is an alarming gap between jobs
Auto loan cos warn of sharp rise in bad debts due to Covid-19 lockdown | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/auto-loan-cos-warn-of-sharp-rise-in-bad-debts-due-to-covid-19-lockdown-121072100982_1.html Analysts say the Rs 4 trn auto finance industry was the most impacted and had the lion’s share of asset quality deterioration during
SOS: Stranded and shattered seafarers threaten global supply lines – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/transportation/shipping-/-transport/sos-stranded-and-shattered-seafarers-threaten-global-supply-lines/articleshow/84609317.cms “I’ve seen grown men cry,” says Captain Tejinder Singh, who hasn’t set foot on dry land in more than seven months and isn’t
These ministries get maximum delayed payment complaints by MSMEs; amount involved crosses Rs 350 crore – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-these-ministries-get-maximum-delayed-payment-complaints-by-msmes-amount-involved-crosses-rs-350-crore/2295000/ Credit and Finance for MSMEs: MSEFCs are essentially dispute settlement units established by state governments in their respective geographies to address delayed payments
Sustainable agriculture: Why it is more imp now than ever – BusinessToday
Clipped from: https://www.businesstoday.in/opinion/columns/story/sustainable-agriculture-why-it-is-more-imp-now-than-ever-301754-2021-07-19 Modern agri-tech firms can be instrumental in empowering farmers, promote sustainable agricultural practices, reduce crop wastages, deepen domestic and international market linkages along
Surprised that Q1 results weren’t too bad? Just look at operational expenses
Clipped from: https://www.deccanchronicle.com/business/market/240820/navigating-safely-in-turbulent-times.html Representational image (PTI) Mumbai: Most Sensex companies’ first-quarter employee benefits expenses saw only minor change compared to the fourth quarter of FY19-20 just before the
MSE credit growth slips for second straight month in May; share in gross bank credit further dips to 9.48% – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-mse-credit-growth-slips-for-second-straight-month-in-may-share-in-gross-bank-credit-further-dips-to-9-48/2293259/ Credit and Finance for MSMEs: The YoY growth in credit deployment to medium enterprises had remained strong at 64.7 per cent – Rs
Little room for big fiscal expansion: Finance Secretary TV Somanathan – The Financial Express
Clipped from: https://www.financialexpress.com/economy/little-room-for-big-fiscal-expansion-finance-secretary-tv-somanathan/2294503/ According to the official, even if some more relief measures are unveiled in the wake of the third Covid wave, the deficit could
Baby steps forward in divestment process – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/baby-steps-forward-in-divestment-process/article35429328.ece?homepage=true Air pocket Air India’s humungous debt is stalling its disinvestment – REUTERS Air pocket Air India’s humungous debt is stalling its disinvestment –
Labour Pains: Export hubs face worker shortage – The Financial Express
Clipped from: https://www.financialexpress.com/industry/labour-pains-export-hubs-face-worker-shortage/2293720/ Export hubs of key labour-intensive industries, already struggling to cope with a liquidity squeeze, are facing a shortage of workers, as most migrant
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