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
Category: Economy
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
A call to preserve the ‘value’ of MSMEs at any cost – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/a-call-to-preserve-the-value-of-msmes-at-any-cost/article35137739.ece A 12-point agenda that could form the basis for a genuine and whole-hearted approach to support such units Swaminathan Gurumurthy, member of the
Unsold housing inventory dips to a 24-month low – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/real-estate/unsold-housing-inventory-dips-to-a-24-month-low/article35137469.ece RBI’s FSR attributes sales to pent-up demand, stamp duty cuts, interest rate drop In an indication that the worst may be over for
Preparing for a hybrid future – The Economic Times Video | ET Now
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/preparing-for-a-hybrid-future/videoshow/84011588.cms?utm_source=Desktop&utm_medium=HP_ETGreatReads&utm_campaign=DP The world of business has decisively moved from a full office work model to one that is a mixture of work in office
RBI should not print money to finance fiscal deficit: Pinaki Chakraborty – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/rbi-should-not-print-money-to-finance-fiscal-deficit-pinaki-chakraborty/articleshow/84112889.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis In an interview with PTI, Chakraborty — the director of the National Institute of Public Finance and Policy (NIPFP) — said that high
For the nth time, we’ve a demand problem, fixing supply side won’t help | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/for-the-nth-time-we-ve-a-demand-problem-fixing-supply-side-won-t-help-1004628.html Basically, Indian industry on the whole has enough capacity currently and has no need to expand unless demand goes up dramatically Vivek Kaul
Meddling too much with e-commerce – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/meddling-too-much-with-e-commerce/article35104840.ece?homepage=true Banning certain types of sales by e-comm players and creating overlapping jurisdictions will slow a segment that must expand One of the perils
Individuals, trade race away, micro units lag – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/news-analysis/individuals-trade-race-away-micro-units-lag/article35125710.ece?homepage=true Only 6% of incremental goes to industry in 2 years till May As two waves of Covid put the economy through the wringer,
Across the Aisle: We had wings, learned to fly, writes P Chidambaram – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/across-the-aisle-we-had-wings-learned-to-fly-writes-p-chidambaram/2283471/ There was a political consensus on a State-controlled economy, monopoly or dominance of the public sector, import control, fixed exchange rate, licensing, and
Will dollar reverse from its high? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/technical-analysis/will-dollar-reverse-from-its-high/article35124335.ece A further break below 92 is needed to see a much deeper fall The US dollar continued to trade strong and moved up
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