Clipped from: https://www.financialexpress.com/economy/iron-ore-exports-india-puts-an-end-to-decades-old-pacts-with-japan-korea/2273477/ Supply shortage of the key steel-making raw material in the domestic market is due to truncated production in Odisha as a result of
Category: Economy
Some bright spots | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/some-bright-spots-121061701661_1.html There are still a number of risks to durable economic recovery There have been some points of good news for the Indian economy in recent
Surplus transfer: RBI can be characterised as ‘free-ranging’ goose, says article – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/surplus-transfer-rbi-can-be-characterised-as-free-ranging-goose-says-article/article34837103.ece?homepage=true The article refers to the recent ₹99,122-crore transfer to the Centre The Reserve Bank of India (RBI) can be characterised as a ‘free-ranging’
PLI scheme to help pharma sector boost investments in high-value generics – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/pli-scheme-to-help-pharma-sector-boost-investments-in-high-value-generics/article34838613.ece?homepage=true To cut China imports and lift exports The production-linked incentive (PLI) schemes announced by the Government for key raw materials such as bulk
CII calls for ₹3 lakh crore fiscal stimulus to boost demand – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/cii-calls-for-3-lakh-crore-fiscal-stimulus-to-boost-demand/article34840644.ece?homepage=true Vaccine availability must grow twofold to provide at least one vaccine dose to all adults The Centre must rollout a fiscal stimulus of
Taper home stretch – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/taper-home-stretch/article34842265.ece?homepage=true Markets have been put on notice by Fed, which has signalled that easy money policy has run its course Global financial markets had
How savings were impacted by Covid second wave – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/how-savings-are-impacted-by-covid-second-wave/article34842686.ece?homepage=true Concerns over decline could hamper recovery Faced with the surge of Covid-19 infections in recent months combined with lockdowns that led to job
Rising dollar, crude oil negatives for rupee – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/forex/rising-dollar-crude-oil-negatives-for-rupee/article34836996.ece?homepage=true However, strong foreign inflows, record forex reserves are positives for the rupee The Federal Open Market Committee (FOMC) of the US Federal Reserve
RBI pays higher-than-expected price to buy 10-year G-Sec – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-pays-higher-than-expected-price-to-buy-10-year-g-sec/article34842848.ece?homepage=true Bond yield declining about 3 basis points to 6.0192 per cent The Reserve Bank of India paid about 38 paise more to purchase
Rupee crashes, bond yields spike as Fed turns hawkish – The Hindu BusinessLine
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
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