Clipped from: https://www.deccanherald.com/opinion/main-article/tax-system-must-become-less-iniquitous-1000460.html High excise on fuel, lower corporate tax and huge unrealised capital gains in a booming stock market are increasing disparity Tripura Pradesh Congress
Category: Economy
In deep distress, aviation sector needs help – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/in-deep-distress-aviation-sector-needs-help/article35005432.ece?homepage=true The govt has left the airlines to their own inventiveness to cope with the surging losses Civil aviation is capital intensive; astronomical investments
Many large e-comm firms have blatantly flouted laws of land: Goyal | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/many-large-e-comm-firms-have-blatantly-flouted-laws-of-land-goyal-121062601297_1.html All ecommerce companies should follow the law of the land and do not use muscle or money power to hurt Indian interests, Commerce
Let’s step back from the NPA Scare | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/let-s-step-back-from-the-npa-scare-121062800012_1.html Regulators and agencies need to instil less fear in lenders, so that they are able to actively restructure debts An “NPA Scare” is
A sharp turnaround | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/a-sharp-turnaround-121062800008_1.html India Inc remains cautious after a robust Q4 performance The results of 1,757 listed companies that have declared their results for the fourth
Inadequate planning | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/inadequate-planning-121062800010_1.html PLI schemes are being spread across too many sectors The Union government’s production-linked incentive (PLI) schemes for various sectors are gathering momentum. It
IMF has rescue plan for poor nations, but rich ones stand to gain | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/panorama/imf-has-rescue-plan-for-poor-nations-but-rich-ones-stand-to-gain-1001174.html For poor countries, the most immediate need is for Covid vaccines By Peter S Goodman and Alan Rappeport, In a global economy defined by
“Bias it is”: CMIE chief’s defence of CPHS survey elicits fresh critical response from Jean Drèze, Anmol Somanchi – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/bias-it-is-cmie-chiefs-defence-of-cphs-survey-elicits-fresh-critical-response-from-jean-drze-anmol-somanchi/articleshow/83889707.cmsSynopsis “The representativeness of CPHS data cannot be assumed from the survey methodology. It must be scrutinised through comparisons with other credible sources,” the
Supply eased, now revive demand to spur growth: Govt must step in, RBI may not offer more sops – The Financial Express
Clipped from: https://www.financialexpress.com/economy/supply-eased-now-revive-demand-to-spur-growth-govt-must-step-in-rbi-may-not-offer-more-sops/2277324/ In an economy recovering from the first wave of coronavirus pandemic, supply-side snags eased during the January-March quarter while demand was still fragile.
Central banks continue to term inflation as transitory, but its threat to recovery could be real – The Financial Express
Clipped from: https://www.financialexpress.com/economy/central-banks-continue-to-term-inflation-as-transitory-but-its-threat-to-recovery-could-be-real/2278425/ Deep dive into major components of inflation- food, fuel and core- each reveal idiosyncratic factors that will potentially be longer lived. The word
China is now second largest export partner of India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/china-is-now-second-largest-export-partner-of-india/articleshow/83865248.cmsSynopsis The US remained the country’s top export partner, according to government data, but shipments declined 2.78% to $51.63 billion in a year when
You can’t just wish away the inflationary impact of reserve money expansion – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-you-cant-just-wish-away-the-inflationary-impact-of-reserve-money-expansion/articleshow/83898505.cmsSynopsis For growth to pick up, the first condition is to lift the lockdown(s) as early as possible. Without it, even increased government expenditures
Most Severely Mauled Enterprises | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/most-severely-mauled-enterprises-7377469/ “Throughout this terrible phase, I have watched the fortunes of agriculture, micro, small & medium enterprises (MSMEs) and the services sector because, between
Short on power – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/recent-tweaks-to-fame-ii-scheme-for-buses-are-welcome-but-more-needs-to-be-done/article34976004.ece Recent tweaks to FAME II scheme for buses are welcome, but more needs to be done The transportation sector accounts for one-third of
‘Capacity expansion will help us to meet PLI criteria’ – The Hindu
Clipped from: https://www.thehindu.com/business/capacity-expansion-will-help-us-to-meet-pli-criteria/article34993870.ece PGEL sees wider opportunity in Make in India initiative: MD PG Electroplast Ltd., which is engaged in electronics manufacturing, plastic injection moulding and
Formation of new companies soars in FY21, with a Covid bent – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/formation-of-new-cos-soars-in-fy21-with-a-covid-bent/articleshow/83854148.cmsSynopsis Sectors whose business found salience during the lockdown, such as health & social work, agriculture, education, wholesale trade, retail trade, recreation and sewage
Globalisation, old and new: What changing world order means for India | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/globalisation-old-and-new-what-changing-world-order-means-for-india-121062501074_1.html Globalisation is morphing as new agendas come into focus. These now drive action on climate change, taxation of global companies, tackling terrorism, sharing
RBI’s heavy lifting helping govt borrow at lower cost – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbis-heavy-lifting-helping-govt-borrow-at-lower-cost/article34976490.ece Same trend continues this fiscal too, say experts The Reserve Bank of India (RBI) had clearly saved the day for the government in
Will India’s central bank go the Fed’s way on monetary policy? – The Economic Times
Clipped from: https://www.thehindu.com/business/Economy/financial-aid-sought-for-treatment-costs-also-exempt-from-income-tax/article34973930.ece Financial aid sought for treatment costs also exempt from income tax. The government on Friday announced Income tax relief for COVID-19 affected taxpayers
We see rupee devaluing as exports become priority: JM Financial’s Manglunia | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/we-see-rupee-devaluing-as-exports-become-priority-jm-financial-s-manglunia-121062401704_1.html Manglunia tells Puneet Wadhwa that based on risk appetite, there is a lot of value in select names in ‘AA’ category and below,
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