Clipped from: https://www.thehindubusinessline.com/markets/forex/rupee-crashes-bond-yields-spike-as-fed-turns-hawkish/article34843482.ece?homepage=true Top US central banker talks of unwinding the QE programme, raising interest rates Currency and bond markets turned intensely volatile following US Federal
Category: Economy
msme registration: Govt simplifies registration process for MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/govt-simplifies-registration-process-for-msmes/articleshow/83551195.cmsSynopsis The government has simplified the registration process for micro, small and medium enterprises and they will now only need to furnish PAN and
RBI likely to maintain status quo in August meet, suggests SBI report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/rbi-likely-to-maintain-status-quo-in-august-meet-suggests-sbi-report/articleshow/83569611.cmsSynopsis According to the State Bank of India’s Ecowrap report, inflation may remain on the higher side for a few months because of several
RBI economists call rising inflation transitory, owing to pent-up demand – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/rbi-economists-call-rising-inflation-transitory-owing-to-pent-up-demand/articleshow/83576454.cmsSynopsis Economists at the central bank also prescribe quantifiable metrics to bring down fiscal expenditure and target them for better efficiency. These two views
Financial Express MSME Webinar 2021: Business Webinars, MSME Webinar by Entrepreneurs
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-eodb-resolution-framework-2-0-rbi-considerate-of-msmes-need-but-real-time-situation-demands-more-measures/2272761/ Ease of Doing Business for MSMEs: A new exclusive criterion for asset classification for MSMEs or provision for interim financing or credit facility
On freeing up micro-finance industry space, caution must match intent – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/on-freeing-up-micro-finance-industry-space-caution-must-match-intent/2272725/ The income ceiling for for defining MFI loans, the proposal to free NBFC MFIs from the current cap on spread, etc, need a
Resilient economy: Direct tax mop up surges in FY22 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/resilient-economy-direct-tax-mop-up-surges-in-fy22/article34833450.ece?homepage=true Net direct tax collection doubles to ₹1.86-lakh crore In a sign of economic resilience despite the devastating Covid-19 second wave, advance tax collections
Biden may not undo Trump policies soon – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/biden-may-not-undo-trump-policies-soon/article34833163.ece?homepage=true The US’ inward-looking stance and trade war with China will continue at least till its economy recovers from the pandemic blow Under the
Dealing with the demon – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/dealing-with-the-demon/article34833119.ece?homepage=true Tariff and tax cuts the best way to immediately deal with across-the-board price rise Rising inflation, both retail and wholesale, can no longer
Future of the Rupee – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/future-of-the-rupee/article34833141.ece?homepage=true Getting ready for ‘cashless’ future India plans to table its Central-Bank backed Digital Currency (CBDC) policy in the next parliamentary session. Most of
Spike in May retail inflation leads to drop in G-Sec prices – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/spike-in-may-retail-inflation-leads-to-drop-in-g-sec-prices/article34823860.ece Government Securities (G-Sec) prices dropped on Tuesday as the retail inflation reading for May 2021 spiked above the monetary policy committee’s upper tolerance
Trade recovery: Exports surge 69% in May on improved demand – The Financial Express
Clipped from: https://www.financialexpress.com/economy/trade-recovery-exports-surge-69-in-may-on-improved-demand/2271997/ Having witnessed an impressive rate of expansion last fiscal in the wake of the Covid-19 outbreak, drug and pharmaceutical exports dropped by 5.4%
G7’s Welsh rendezvous | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/g7-s-welsh-rendezvous-121061501562_1.html The group’s relevance was tested again The first in-person summit of the Group of Seven (G7) since the outbreak of the Covid-19 pandemic
Truck rentals up 9-14% in first half of June on low base and unlocking | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/truck-rentals-up-9-14-in-first-half-of-june-on-low-base-and-unlocking-121061501328_1.html Analysts attribute it to diesel price hike, caution of a long road to recovery By opening of lockdown the open market truck rentals
Nearly 10,000 mobile retail stores shut in the past year | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/covid-19-crisis-nearly-10-000-mobile-retail-stores-shut-in-the-past-year-121061600054_1.html The north India region, the largest market among all four zones of the country, has seen the worst, according to market analytics platform
Is universal basic income scheme a recipe for disaster? Swaminathan Aiyar decodes – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/is-universal-basic-income-scheme-a-recipe-for-disaster-swaminathan-aiyar-decodes/articleshow/83554204.cmsSynopsis UBI is impractical — and, in my view, immoral. But cash grants have become part of India’s subsidy politics and are here to
Who’s afraid of transient inflation? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/whos-afraid-of-transient-inflation/articleshow/83551532.cmsSynopsis Inflation is being fuelled by hardening crude prices, magnified in retail prices of petro-fuels by cascading fuel taxes, besides supply bottlenecks arising from
Rhetoric and reality – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/rhetoric-and-reality/article34823623.ece G-7’s moves to counter China geo-politically are not backed by ground realities The recently concluded G-7 meet (comprising US, Canada, Britain, Germany, Italy,
Rising inflation risk | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/rising-inflation-risk-121061501553_1.html Ignoring it for long could increase longer-term costs The latest inflation data has put the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) in a spot.
Dangers of a wrong diagnosis | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/dangers-of-a-wrong-diagnosis-121061501572_1.html Indirect taxes are now higher than direct taxes. But cutting indirect tax rates to address this will amount to barking up the wrong
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