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
Category: Economy
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
‘At least 20-25% of MSMEs in Karnataka have shut’ | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/panorama/at-least-20-25-of-msmes-in-karnataka-have-shut-1005353.htmlK B Arasappa The second wave of Covid-19 dealt a deadly blow to the micro, small and medium-scale industries as they face myriad crises
Centre must lower import tariffs and reduce excise duty on diesel instead of reinstituting trade controls
Clipped from: https://indianexpress.com/article/opinion/editorials/pandemic-economic-contraction-international-food-prices-inflation-7388932/ Centre must lower import tariffs and reduce excise duty on diesel instead of reinstituting trade controls India’s annual consumer food inflation in May,
MSME Associations worry over Gadkari’s move to include retailers and traders in MSME sector – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-associations-worry-over-gadkaris-move-to-include-retailers-and-traders-in-msme-sector/2284292/ Ease of Doing business for MSMEs: MSME associations have expressed their concern about the expansion of MSME definition fearing dilution of the sector
Poorer Indian women lost more jobs, ate less amid the pandemic – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/poorer-indian-women-lost-more-jobs-ate-less-amid-the-pandemic/articleshow/84137515.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The report found about a tenth of the women surveyed saying they ate less or had run out of food while 16% had
Indian households to face more stress in FY22 with increasing debt: SBI Research – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/indian-households-to-face-more-stress-in-fy22-with-increasing-debt-sbi-research/articleshow/84135462.cmsSynopsis The situation was likely to worsen this year as a decline in bank deposits in FY21 coupled with rising health expenditure would pile
View: Trusting private parties with foreign exchange reserves is like putting a fox to guard the chickens – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/for-a-few-dollars-more/articleshow/84121724.cmsSynopsis Early June, reserves touched a record high of $608 billion, making India the world’s fifth-largest reserve-holding country. By any yardstick, we’ve come a
Call to action to avert distress – The Economic Times
lipped from: https://economictimes.indiatimes.com/opinion/et-editorial/call-to-action-to-avert-distress/articleshow/84121703.cmsSynopsis Financial Stability Report has worrisome data The Financial Stability Report of RBI reveals a picture of relative strength, with the ratio of non-performing
To ban or not to ban cryptocurrency | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/to-ban-or-not-to-ban-cryptocurrency-121070400743_1.html As lobbying and counter-lobbying intensify, right now, it looks like a T20 match. We need to wait till the last over is bowled
Plastic exports may jump 20-25 pc in FY22: PLEXCONCIL Chairman – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/plastic-exports-may-jump-20-25-pc-in-fy22-plexconcil-chairman/article35130829.ece?homepage=true Says Government support needed The country’s plastic exports are expected to grow 20-25 per cent to USD 12 billion in the current fiscal
Saving grace – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/the-finance-ministry-has-done-well-not-to-pare-small-savings-rate-in-these-times/article35135464.ece?homepage=true The Finance Ministry has done well not to pare small savings rate in these times The Centre has done well to preserve the
Gold loans — a win-win for banks, customers – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/gold-loans-a-win-win-for-banks-customers/article35137763.ece?homepage=true Banks witnessed spectacular growth in this portfolio in FY21 after the Covid outbreak, but will this continue in FY22 too? Loans against gold
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