Clipped from: https://www.financialexpress.com/economy/new-export-strategy-may-focus-more-on-key-component/2283110/ Mechanical machinery, electronics, medical and surgical equipment, sports goods, toys and certain farm commodities are among a number of products where India has
Category: Economy
India joins 130 nations to back minimum corporate tax plan – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/india-joins-global-minimum-tax-rate-plan/article35092841.ece In favour of consensus solution that is simple to implement and comply India on Thursday joined the world’s leading economies in endorsing a
Globalisation of fiscal capacity – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/globalisation-of-fiscal-capacity/articleshow/84074308.cmsSynopsis OECD estimates the 15% global minimum tax that would apply to companies with a turnover above Rs 750 million, to yield around $150
Despite recast, significant stress seen among MSMEs – RBI – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/despite-recast-significant-stress-seen-among-msmes-rbi/articleshow/84056101.cmsSynopsis “Despite the restructuring, however, stress in the MSME portfolio of PSBs remains high,” the regulator noted. “While PSBs have actively resorted to restructuring
Five reasons why India needs to add to record forex pile – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/five-reasons-why-india-needs-to-add-to-record-forex-pile/articleshow/84054476.cmsSynopsis The pile touched a record $608 billion last month, thanks mainly to the Reserve Bank of India soaking up dollars flowing in as
Five reasons why India needs to add to record forex pile – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/forex/five-reasons-why-india-needs-to-add-to-record-forex-pile/article35091273.ece?homepage=true The pile touched a record $608 billion last month The rise in India’s foreign exchange reserves to above $600 billion may not be
India’s balance of payments situation is comfortable despite the recent moderation – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/indias-balance-of-payments-situation-is-comfortable-despite-the-recent-moderation/2282318/ Import bill manageable if crude oil remains under $80/barrel; no big FPI pullouts if Fed sticks to normalisation calendar The surplus in the
MSME Minister Gadkari: Retailers and traders to be included under the MSME sector – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-minister-gadkari-retailers-and-traders-to-be-included-under-msme-sector/2282687/ Ease of Doing business for MSMEs: Wholesale and retail trading activities were earlier classified as MSMEs but a gazette notification dated June 2017
A surplus India is happy to do without – The Economic Times
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.
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
