Clipped from: https://economictimes.indiatimes.com/news/economy/policy/nirmala-sitharaman-announces-eight-economic-relief-measures-among-others/articleshow/83916894.cmsSynopsis Union Finance Minister Nirmala Sitharaman addressed a press conference on Monday announcing eight economic relief measures, four of which are new including one
Category: Economy
Handset PLI timeline extension will boost investor confidence: Industry – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/electronics/handset-pli-timeline-extension-will-boost-investor-confidence-industry/articleshow/83921416.cmsSynopsis “This extension would not only support the Government’s efforts to establish India as an integral part of the Global Value Chain (GVC) in
Household debt may not be a big worry – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/household-debt-may-not-be-a-big-worry/2279367/ Meanwhile, household-savings-to-GDP remains above the hisorical rate, and some spending will give the economy a lift The biggest chunk of financial savings is
Start-ups raise $8 b in 5 months – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/start-ups-raise-8-b-in-5-months/article35006521.ece Investors continue to place bets on tech, retail and financial services: GlobalData Indian start-ups mobilised as much as $8.1 billion venture capital (VC)
To rebound, India Inc will need more stimulus – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/to-rebound-india-inc-will-need-more-stimulus/article35005324.ece As the impact of Covid 2.0 has been severe, businesses would need monetary and fiscal support, as well as regulatory forbearance Indian industry
Sustaining the nascent economic recovery – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/sustaining-the-nascent-economic-recovery/article35004715.ece Response to RBI’s liquidity stimulus has not been encouraging so far. It’s time for banks and private sector to push investments India is
Bridge that digital teaching divide – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/bridge-that-digital-teaching-divide/articleshow/83900315.cmsSynopsis The Production-Linked Incentive Scheme, private charities, expat and alumni associations, temple trusts with vaults bursting at the seams, startup stars, businessmen whose wealth
Top CEOs seek large fiscal stimulus or tax sops to jumpstart economy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/top-ceos-seek-large-fiscal-stimulus-or-tax-sops-to-jumpstart-economy/articleshow/83908963.cms SynopsisEighty-two per cent of the 59 top corner-room occupants who voted in the ET poll see 5-10% GDP growth in FY22 while 56%
Tax system must become less iniquitous | Deccan Herald
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
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
