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,
Category: Economy
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
SME: Buyer interest in SME space has gone up post-Covid: Vishal Devanath, founder, SMERGERS – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/buyer-interest-in-indian-sme-space-has-gone-up-post-covid-vishal-devanath-founder-smergers/articleshow/84469189.cmsSynopsis The buyer to seller ratio has gone up beyond 3x post Covid. It was less than 2x before the pandemic. This indicates it
MSME: Easing market entry, only a first step towards MSME entrepreneurship simulation – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/easing-market-entry-only-a-first-step-towards-msme-entrepreneurship-simulation/articleshow/84494109.cmsSynopsis While the ease in the registration process is welcomed by both MSME’s and first-generation entrepreneurs, they are also expecting more relaxation in the
MF industry has potential to grow exponentially, says Deepak Parekh – The Economic Times
Clipped from: https://economictimes.indiatimes.com/mf/mf-news/mf-industry-has-potential-to-grow-exponentially-says-deepak-parekh/articleshow/84483328.cmsSynopsis He further said that global agencies admire India’s mutual fund regulatory framework and consider the industry among the top in terms of global
RBI must sacrifice inflation aim to aid growth: Ex-Guv Rangarajan | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-must-sacrifice-inflation-aim-to-aid-growth-ex-guv-rangarajan-121071600096_1.html India will miss its fiscal deficit target of 6.8% of GDP by at least 1 percentage point, he said C Rangarajan, former RBI
Rupee turns weakest BRICS unit despite record $ inflows – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/news-analysis/rupee-turns-weakest-brics-unit-despite-record-inflows/article35386283.ece Effect of dollar mop-up by RBI, rising crude prices and fear of US taper The rupee has lately been the weakest among BRICS
Employment picking up gradually but urban jobless rate a concern – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/employment-picking-up-gradually-but-urban-jobless-rate-a-concern/article35350277.ece?homepage=true As on July 13, urban unemployment rate stood at 8.7% Jobs seem to be making a gradual comeback with the easing of lockdown
India’s 1991 liberalisation leap and lessons for today: Montek Singh Ahluwalia – The Hindu
Clipped from: https://www.thehindu.com/opinion/op-ed/indias-1991-liberalisation-leap-and-lessons-for-today-montek-singh-ahluwalia/article35066035.ece?utm_source=taboola&utm_medium=cpc&utm_campaign=Taboola+TH+Digital%20Premium+Article+Desktop&tpcc=THDFB&tblci=GiDLI-qmJJlb5UWygjUWGtHRpWjhuRc6CIKjAgf72uBVuCDPr1MotcyYjK2WktVB#tblciGiDLI-qmJJlb5UWygjUWGtHRpWjhuRc6CIKjAgf72uBVuCDPr1MotcyYjK2WktVB The reforms were hugely successful but a lot remains to be done, says one of the architects of the transition Three decades after
The inflation challenge–Editorials News, Articles and Analysis | Hindustan Times
Clipped from: https://www.hindustantimes.com/editorials/the-inflation-challenge-101626259859147.htmlExclusive Representational image. (Getty Images/iStockphoto)editorials The inflation challenge By HT EditorialUPDATED ON JUL 14, 2021 04:30 PM ISTAny sharp inflationary spike puts a squeeze
Current high inflation in the Indian economy–times of india
Clipped from: https://timesofindia.indiatimes.com/blogs/economic-update/current-high-inflation-in-the-indian-economy/Abhishek Sikdar Abhishek Sikdar graduated in Economics from St Xavier’s College under Calcutta University and post-graduation from Delhi School of Economics. He has worked
The Business of the Elders – BusinessToday
Clipped from: https://www.businesstoday.in/magazine/industry/story/business-of-elders-300656-2021-07-08 Armed with disposable income and a willingness to splurge, this consumer cohort comprises over 10 per cent of the population. No wonder marketers
Fuel price surge: What India can learn from Biden and Shunak’s tax policies | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/fuel-price-surge-what-india-can-learn-from-biden-and-shunak-s-tax-policies-121071601235_1.html When the times change, policy has to adapt. Why then is New Delhi so determined to not raise rates on under-taxed forms of
NITI CEO Amitabh Kant highlights key areas for improvement in ease of doing business in India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/niti-ceo-amitabh-kant-highlights-key-areas-for-improvement-in-ease-of-doing-business-in-india/articleshow/84469627.cmsSynopsis “Action is now needed at all levels of government to rationalise and streamline forms and clearances. Single window clearances and land acquisition are
Informally, yours: The prospects of the unorganised sector – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/the-prospects-of-the-unorganised-sector/2291332/ Non-farm informal sector wages have borne the brunt of ‘forced formalisation’; generous social welfare schemes and helping small firms key to sustaining growth
