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
Category: Economy
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
Onus on banks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/onus-on-banks/article35023455.ece?homepage=true Renewed credit push to informal sector welcome, but banks need to shed conservatism for the proposals to work The Centre’s credit-driven push to
India has managed its external sector well – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/india-has-managed-its-external-sector-well/article35023198.ece Forex reserves are healthy and CAD is sustainable, thanks to encouraging long-term non-debt creating capital inflows India has faced two major crises in
The post-Covid economy | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-post-covid-economy-121062801507_1.html There is a strong case for the government to shift its attention from the economy to public service management The Indian economy has clearly fallen
The credit push | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/the-credit-push-121062801488_1.html Relief package is well-intentioned but won’t move the needle much Union Finance Minister Nirmala Sitharaman on Monday announced another set of measures to provide relief
How many years have we lost to coronavirus? | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/bs-number-wise-how-many-years-have-we-lost-to-coronavirus-121062800255_1.html One measure is the change in gross domestic product (GDP). The pandemic chipped away 7.3 per cent of India’s real GDP in 2020-21
Large part of FM’s stimulus package will work only in medium-term | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/large-part-of-fm-s-stimulus-package-will-work-only-in-medium-term-121062800965_1.html The government and the central bank’s credit measures appear to show India has gotten its priorities against a possible third wave of Covid-19.
Tax cuts for individuals, companies needed to boost demand, say economists | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/tax-cuts-for-individuals-companies-needed-to-boost-demand-say-economists-121062801313_1.html While the measures announced on Monday are focussed more on the supply side, these steps would take a lot of time to move