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
Category: Economy
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
BS Number Wise: One litre petrol takes 30% of Indians’ average daily income | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/bs-number-wise-one-litre-petrol-takes-30-of-indians-average-daily-income-121071900477_1.html Fuel taxes give a bonanza to the government, but also dent the affordability for low income earners I just paid Rs 2,142 for
Centre eases stock limits on pulse traders, lifts them fully for importers | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/centre-eases-stock-limits-on-pulse-traders-lifts-them-fully-for-importers-121071901148_1.html No change in stock holding limit for retailers, which has been kept at five tonnes Smaller pulses such as kidney beans, peas and
Tourism industry lost over 2 cr jobs in FY21 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/tourism-industry-lost-over-2-cr-jobs-in-fy21/article35413863.ece Report by the National Council of Applied Economic Research (NCAER) shows impact of Covid on the sector Hit hard by the Covid-19 pandemic,
GST Council walks a tightrope as it looks to jack up revenues | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/panorama/gst-council-walks-a-tightrope-as-it-looks-to-jack-up-revenues-1010232.html GST revenues are not the only issue that the government has, so borrowing only for this purpose will only fix a part of
Oil or liquor, little else to tax even 30 years after reforms | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/oil-or-liquor-little-else-to-tax-even-30-years-after-reforms-1010350.html Liberalisation fired on a few engines means the growth rocket is condemned to circle in low orbit. It never takes off Representative image.
Oil prices and Indian fiscal federalism – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/ashima-goyal/oil-prices-and-indian-fiscal-federalism/article35395197.ece?homepage=true International oil price shocks and domestic taxation have hit Indian energy consumers hard. Here are some reform measures International oil prices remained well
Across the Aisle: The sovereign looks the other way, writes P Chidambaram – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/across-the-aisle-the-sovereign-looks-the-other-way-writes-p-chidambaram/2292499/ Apart from the sovereign, there are bodies that are regarded as quasi-sovereigns for reasons that I shall not elaborate for want of space.
RBI’s reading of the economic tea leaves seems spot-on – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/rbis-reading-of-the-economic-tea-leaves-seems-spot-on/articleshow/84532430.cmsSynopsis Given that the phenomenon of rising inflation seen in May and June is likely to be temporary, a function of shutdowns and other
Central banking conundrum | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/central-banking-conundrum-121071800807_1.html RBI should not continue to ignore inflation risks US Federal Reserve Chairman Jerome Powell has told lawmakers that inflation has been higher and a bit more