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%
Category: Economy
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
RBI will have to look through high inflation for growth, say economists | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rbi-will-have-to-look-through-high-inflation-for-growth-say-economists-121061501364_1.html While the inflation numbers are much above RBI’s tolerance band, the central bank would rather hope an urgent reduction of taxes by the
Financial Express MSME Webinar 2021: Business Webinars, MSME Webinar by Entrepreneurs
Clipped from: https://www.financialexpress.com/industry/sme/526-billion-export-opportunity-for-small-businesses-thanks-to-covid-led-digital-adoption-says-paypal/2271621/ Nearly 60 per cent of exported items are goods which represents a $313 billion market for India’s local artisans of tribal products, handicrafts,
Financial Express MSME Webinar 2021: Business Webinars, MSME Webinar by Entrepreneurs
Clipped from: https://www.financialexpress.com/industry/sme/govts-udyam-portal-will-level-udyog-aadhaars-1-cr-msme-registration-mark-in-3-years-likely-phd-chamber/2272026/ The Reserve Bank of India (RBI) had last year said that existing EMs part II and/or UAMs of MSMEs obtained before June 30,
A PLI boost to Make in India – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/a-pli-boost-to-make-in-india/2272019/ While the PLI schemes across sectors are good on paper, govt must address pain points raised by the potential beneficiaries While a clear
Full-fledged economic recovery to take hold in July, says Niti Aayog VC Rajiv Kumar | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/panorama/full-fledged-economic-recovery-to-take-hold-in-july-says-niti-aayog-vc-rajiv-kumar-997607.html ‘And as happened after the first wave subsided, the strength of this economic recovery may also surprise us’ Rajiv Kumar, Vice Chairman, Niti
Proposed global tax may not benefit developing countries–SURANJALI TANDON WRITES: indian express
Clipped from: https://indianexpress.com/article/opinion/columns/g7-summit-global-minimum-tax-corporate-tax-rates-7359184/ The deal between the seven countries is being labelled a landmark, but in the absence of 132 other members of the inclusive framework,
Step-up working capital loans to street vendors: RBI nudges PSBs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/step-up-working-capital-loans-to-street-vendors-rbi-nudges-psbs/article34812258.ece Loan sanctions only at 58 per cent of total applications The Reserve Bank of India (RBI) has impressed upon public sector banks (PSBs)
The crippling impasse over external debt relief – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/c-p-chandrasekhar/the-crippling-impasse-over-external-debt-relief/article34814897.ece The impending debt crisis is spread across low- and middle-income countries. Yet global leaders show few signs of urgency or adequate action to
RBI sharpens tools to fight Covid 2.0 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/rbi-sharpens-tools-to-fight-covid-20/article34815348.ece It’s time for banks to aggressively use the liquidity windows provided by the RBI to lend to the ailing sectors and hasten revival
Why fiscal prudence in a pandemic year? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/why-fiscal-prudence-in-a-pandemic-year/article34815104.ece In 2020-21, rather than boost public spending, some States surprisingly chose to cut expenditure/subsides and the fiscal deficit The real gross domestic product
A case for investor caution in Q4 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/q4-caution/article34815076.ece?homepage=true Investors would do well not to be guided by Q4 results while placing bets in an over-valued market A lucky combination of circumstances
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