Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/a-surplus-india-is-happy-to-do-without/articleshow/84045002.cmsSynopsis For a lower middle-income, capital-scarce economy, it makes perfect sense to run up a current account deficit (CAD), investing more than domestic savings.
Category: Economy
The risk of another taper tantrum remains. But India is relatively safe – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-the-risk-of-another-taper-tantrum-remains-but-india-is-relatively-safe/articleshow/84045711.cmsSynopsis India should not be over-worried. In 2013, it was highly vulnerable and was listed among the ‘fragile five’ EMs, along with Turkey, South
RBI extends interest subsidy scheme for exporters till September – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/rbi-extends-interest-subsidy-scheme-for-exporters-till-september/articleshow/84039262.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis “Government of India has approved the extension of Interest Equalization Scheme for Pre and Post Shipment Rupee Export Credit, with the same scope
View from the edge | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/view-from-the-edge-121070101545_1.html The Union government is so fiscally ineffective that it can only spend an incremental 0.4 per cent of GDP on healthcare in a
MSME, retail NPAs may rise as relief measures get wound down – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/msme-retail-npas-may-rise-as-relief-measures-get-wound-down/article35084911.ece?homepage=true Urges banks to use favourable market conditions to shore up capital position The Reserve Bank of India on Thursday cautioned that banks face
Nitin gadkari: Gadkari says GST was ‘very essential’, sees ‘room for improvement’ – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/gadkari-says-gst-was-very-essential-sees-room-for-improvement/articleshow/84017775.cmsSynopsis The minister said when MSMEs bill any material and give them to firms, then it remains the responsibility of MSMEs that whether they
HDFC: I do not see any major disruption in the housing finance sector: Keki Mistry – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/i-do-not-see-any-major-disruption-in-the-housing-finance-sector-keki-mistry/articleshow/84014217.cmsSECTIONSI do not see any major disruption in the housing finance sector: Keki MistryLast Updated: Jul 01, 2021, 01:44 PM ISTSynopsis “I do not
Season of IPOs: After 5 in June, it’s 11 in July – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/ipos/fpos/season-of-ipos-after-5-in-june-its-11-in-july/articleshow/84005586.cms SynopsisThe parent company of Naukri.com owns about 18.5% of Zomato and will sell shares worth $100 million in the IPO. Mumbai: July is
foreign trade policy: With $200 billion in exports, this sector deserves a special focus in the upcoming Foreign Trade Policy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/with-200-billion-in-exports-this-sector-deserves-a-special-focus-in-the-upcoming-foreign-trade-policy/articleshow/84008359.cms SynopsisIndia wants to do $1 trillion in exports by 2025 and the services sector can be a huge contributor to this target. But
Yield to the market – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/yield-to-the-market/article35041261.ece RBI’s yield curve management is keeping borrowing rates in check, but there could be negative fallouts The Reserve Bank of India’s ongoing battle
Rising unemployment: 3 reasons why India should worry about its graduates – BusinessToday
Clipped from: https://www.businesstoday.in/opinion/columns/story/rising-unemployment-3-reasons-why-india-should-worry-about-its-graduates-298018-2021-06-04 A graduate from the university must not only be an expert at their subject and possess skills to work, but they should also
Global digital tax: Will India benefit from G7’s proposal? – BusinessToday
Clipped from: https://www.businesstoday.in/opinion/columns/story/global-digital-tax-will-india-benefit-from-g7s-proposal-299700-2021-06-25 India’s principle approach is akin to that of G7 countries, to target all businesses and not restrict to mere automated digital companies Unless
A kind of relief | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/centre-coronavirus-second-wave-stimulus-nirmala-sitharaman-7381809/ Centre leans heavily on credit guarantees to aid the economy. Direct demand side support remains minimal. The actual fiscal outgo on account of
In stimulus, the helping hand: FM’s policy of guaranteed loans to urban poor is superior to other welfare schemes
Clipped from: https://timesofindia.indiatimes.com/blogs/et-commentary/in-stimulus-the-helping-hand-fms-policy-of-guaranteed-loans-to-urban-poor-is-superior-to-other-welfare-schemes/ Among proposals announced by FM Sitharaman on Monday, an important element is the credit guarantee scheme to incentivise microfinance institutions (MFIs) to lend
FX reserves strong enough to absorb shocks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/fx-reserves-strong-enough-to-absorb-shocks/article35041329.ece?homepage=true But the RBI, in its urge to maximise returns, should not invest the forex reserves in risky market instruments India today has above
Some credit support, but little stimulus – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/some-credit-support-but-little-stimulus/2280137/ Additional spending may be just a tenth of headline number; credit guarantee will help small businesses & Covid-hit sectors One appreciates the government’s
RBI in a bind amid weak growth, surging inflation; may not hike rates till Q1 FY23: Report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/rbi-in-a-bind-amid-weak-growth-surging-inflation-may-not-hike-rates-till-q1-fy23-report/articleshow/83952481.cmsSynopsis The central bank may hike the repo rate only by the first quarter of next fiscal (April-June 2022) and continue to maintain the
Economists doubt India’s new loan guarantees will boost growth – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/economists-doubt-indias-new-loan-guarantees-will-boost-growth/articleshow/83942444.cmsSynopsis Industry leaders and economists said the new loan guarantees, amounting to $35 billion, may provide some temporary relief but would not be sufficient
More can be done: For GoI’s economic package to make a difference, demand needs a fiscal stimulus
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/just-not-enough-gois-economic-package-wont-make-a-real-difference-india-needs-a-fiscal-stimulus/TOI Edit Times of India’s Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues of
Revival after April-June: Thanks to boosters of vaccination, ample liquidity and upswing in global growth
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-edit-page/economy-revival-after-april-june-thanks-to-boosters-of-vaccination-ample-liquidity-and-upswing-in-global-growth/Sonal Varma The writer is the Chief Economist for India and Asia (minus Japan) at Nomura India’s economy and its citizens have just endured