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
Category: Economy
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,
‘Covid stimulus measures have not reached a majority of self-employed and small units’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/covid-stimulus-measures-have-not-reached-a-majority-of-self-employed-and-small-units/article34954667.ece CIA and its 40 partner SMB associations release findings of ‘A Mega Survey’ A majority of small businesses have not benefited from the
Surveillance of high-frequency data over next six weeks crucial, says Sanjeev Sanyal – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/surveillance-of-high-frequency-data-over-next-six-weeks-crucial-says-sanjeev-sanyal/article34954702.ece?homepage=true ‘This will determine if intervention is required to support the economy’ Data over the next six weeks could determine whether further intervention is
Pent-up demand or Dead Cat Bounce? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/pent-up-demand-or-dead-cat-bounce/article34954387.ece?homepage=true Unlike after the first wave, factors that typically smother consumption are prominently at work this time around As the second wave of Coronavirus
Marking recovery in business activity, E-way Bill generation picks up pace – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/marking-recovery-in-business-activity-e-way-bill-generation-picks-up-pace/article34953182.ece?homepage=true States ease Covid curbs enabling commercial recovery As more States unlock Covid restrictions, the E-way Bills generation has also seen a sharp increase.
MSMEs’ body seeks immediate intervention of PM on rising raw material prices – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/msmes-body-seeks-immediate-intervention-of-pm-on-rising-raw-material-prices/articleshow/83777784.cmsSynopsis It claimed that steel and other base material manufacturers are declaring 10-20 times higher profit whereas all the MSMEs are on the verge
CEA expects food inflation to ease with unlock, good monsoon – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/cea-expects-food-inflation-to-ease-with-unlock-good-monsoon/articleshow/83810014.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Moreover, the Chief Economic Adviser (CEA) asserted that high food inflation has not impacted a large section of population as they are being
View: The time for a national relief package to prop up Covid-hit working households is now – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-the-time-for-a-national-relief-package-to-prop-up-covid-hit-working-households-is-now/articleshow/83820504.cmsSynopsis Stimulus packages for the formal economy and enterprises cannot lead to an equitable recovery in a structurally informal economy unless working households are
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.
Household balance sheet | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/household-balance-sheet-121062401616_1.html Lower consumption at the bottom of the pyramid will affect growth Economic activity is recovering, with a decline in new Covid-19 cases and
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,
KM Birla won’t buy firms with global supply chains, cites protectionism | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/birla-group-won-t-acquire-firms-with-global-supply-chain-due-to-covid-curbs-121062300331_1.html Aditya Birla Group is spread across 36 countries; its chief has acquired more than 40 companies in the last 25 years. Indian billionaire
The limits of central banking ‘toolkit’ | Business Standard Column
lipped from: https://www.business-standard.com/article/opinion/the-limits-of-central-banking-toolkit-121062301969_1.html The change in the Fed’s forecast and a possible shift in policy is perhaps a good time to review how central banks –
View: There are practical limitations in CMIE’s CPHS sampling, but no bias – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-there-are-practical-limitations-in-cmies-cphs-sampling-but-no-bias/articleshow/83788605.cmsSynopsis CPHS is a household survey of a nationally representative sample in the sense that it is selected through a process of multistage stratification
It’s time for RBI to turn its attention to inflation | The Indian Express
lipped from: https://indianexpress.com/article/opinion/columns/its-time-for-rbi-to-turn-its-attention-to-inflation-7372814/ So far, it has not responded to high inflation. But recent trends will persuade it to turn focus back on prices. Rising inflation
Financial Express MSME Webinar 2021: Business Webinars, MSME Webinar by Entrepreneurs
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-sidbi-revamps-term-loan-scheme-liquid-for-covid-hit-msmes-enables-credit-up-to-20-of-highest-outstanding/2276441/ Credit and Finance for MSMEs: The scheme would involve zero contribution from the promoter of the enterprise apart from offering subsidized interest rate,
A prescription for GDP growth: Govt must spend, save economy from slipping again, forget deficit – The Financial Express
lipped from: https://www.financialexpress.com/economy/a-prescription-for-gdp-growth-govt-must-spend-save-economy-from-slipping-again-forget-deficit/2276869/ Government must scale up spending, boost consumption, and ignore the rise in fiscal deficit, for now, to revive the economy. Economists say increased
RBI’s accommodative stance has been justified – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/rbis-accommodative-stance-has-been-justified/2277210/ With inflation likely to stay elevated as the economy revives, RBI must ready itself to normalise monetary policy Also, since the private sector
Why DFIs have regained relevance today – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/why-dfis-have-regained-relevance-today/article34913371.ece We perhaps failed to review mandates given to development finance institutions in the past to enable them to change course Development Financial Institutions
