Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/the-good-and-the-bad-of-global-corporate-tax-proposal/article35172388.ece?homepage=true On July 1, India, along with 130 other countries which are signatories to the OECD’s BEPS (Base Erosion and Profit Shifting) framework, agreed
Category: Economy
The current ‘inflation’ is a mystery. FinMin, RBI must tread carefully | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-current-inflation-is-a-mystery-finmin-rbi-must-tread-carefully-121070500103_1.html At a time of declining incomes, people don’t have money. So they do not buy. If they don’t buy, prices must fall, not
Oil on the boil | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/oil-on-the-boil-121070800017_1.html Domestic production of oil and gas has been lagging Disputes within the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+ have led
Falling US bond yields may signal death knell for ‘reflation’ stock trade | Business Standard News
Clipped from: https://www.business-standard.com/article/international/falling-us-bond-yields-may-signal-death-knell-for-reflation-stock-trade-121070800404_1.html Stock investors are watching the dramatic moves in the Treasury market for clues on the fate of one of this year’s most successful
Time to pare taxes on petro-fuels – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/time-to-pare-taxes-on-petro-fuels/articleshow/84214132.cmsSynopsis Taxes on petrol and diesel add up to two-thirds of retail prices, at an all-time high now and a threat to economic recovery.
India economic reforms: View: Real reforms are policy changes that make the economy run better with less political meddling – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/not-another-anniversary/articleshow/84151949.cmsSynopsis M Singh I made reforms respectable. Since then, politicians love to claim they are reformers. Anything can now be called a reform, and
As business travel plunges, firms save thousands of crores in costs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/as-business-travel-plunges-firms-save-thousands-of-crores-in-costs/articleshow/84154988.cms SynopsisAmong the large companies, TCS posted a decline of Rs 2,215 crore in its travel costs to Rs 1,081 crore in FY21. Reliance
Small businesses face brunt of Covid second wave – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/msme/small-businesses-face-brunt-of-covid-second-wave/article35183838.ece?homepage=true Many look to adopt digital modes, some take fresh loans Small businesses are looking at new ways to survive amidst the economic distress
‘MSMEs are engines of growth’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/msmes-are-engines-of-growth/article35200392.ece?homepage=true Webinar series by Sundaram Finance and MSME DI to promote Udyam registration kicks off Sundaram Finance and MSME Development Institute (MSME DI) –
A xenophobic view of capital – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/r-srinivasan/a-xenophobic-view-of-capital/article35198047.ece?homepage=true One cannot want foreign money and hate foreign businesses at the same time Do we, as a country, love foreign investment, and by
Strong dollar, rising crude price hurt rupee – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/technical-analysis/strong-dollar-rising-crude-price-hurt-rupee/article35185030.ece?homepage=true Also, the dollar outflows from the struggling equity market can weigh on the rupee BL Research Bureau The rupee (INR), which has been
Second wave of the Covid-19 pandemic throws auto SMEs out of gear | Business Standard News
Clipped from: https://www.business-standard.com/article/sme/second-wave-of-the-covid-19-pandemic-throws-auto-smes-out-of-gear-121070601510_1.html Hope rests on exports and festive season accelerating recovery Maharashtra accounts for close to 20 per cent of India’s total vehicle production, and
Solar power is dirt-cheap and about to get even more powerful – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/security-tech/technology/solar-power-is-dirt-cheap-and-about-to-get-even-more-powerful/articleshow/84163401.cmsSynopsis A push for more powerful solar equipment underscores how further cost reductions remain essential to advance the shift away from fossil fuels. The
Consumer confidence is still low; Recovery trackers don’t tell the entire story – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/consumer-confidence-is-still-low-recovery-trackers-dont-tell-the-entire-story/2285223/ Consumers will be cautious, and FY22 PFCE will likely not hit the FY20 levels What is going to be critical for a sustainable
An imagined past is the future – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/an-imagined-past-is-the-future/2285221/ Globally, driven by young people and, now, institutions, there is an amoeba-like movement afoot for cultural change Muslims, perennially discriminated against, but no
Power demand soars to all-time high of 197.06 GW on Tuesday – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/energy/power/power-demand-soars-to-all-time-high-of-197-06-gw-on-tuesday/articleshow/84180544.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Experts opined that high temperatures in many states due to delayed monsoon and easing of restrictions that were in place to curb coronavirus
FPI Flows Matter, But Don’t Kowtow – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/fpi-flows-matter-but-dont-kowtow/articleshow/84151863.cmsSynopsis A separate platform, it is claimed, will alleviate the problem when the foreign ownership limit is breached (read: it could force recent buyers
Tea industry fumes as imports surge sharply – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/agri-business/tea-imports-up-by-139-during-jan-march-irks-industry/article35151587.ece?homepage=true Shipments – mainly from Nepal, Kenya, Vietnam – up 139% in January-March The tea industry is worried over rising imports of the beverage
RBI to introduce new 10-year G-Sec – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-to-introduce-new-10-year-g-sec/article35157336.ece?homepage=true The Reserve Bank of India has decided to introduce a new 10-year Government Security (G-Sec), which will become the benchmark paper, through which
Mixed bag: on Indian merchandise exports – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/mixed-bag-on-indian-merchandise-exports/article35137859.ece Restoring health of every constituent sector is a must for long-term growth in exports India’s merchandise exports reached an all-time quarterly high of $95