Clipped from: https://www.thehindu.com/business/Industry/speed-up-vehicle-scrapping-finance-minister/article34791481.ece Nirmala Sitharaman said that enhanced capital expenditure will play a critical role in revitalising the economy post-pandemic Finance and Corporate Affairs Minister Nirmala
Category: Economy
Global tax, local complexities: What G7 corporate tax deal means for India | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/global-tax-local-complexities-what-g7-corporate-tax-deal-means-for-india-121061001492_1.html The recent G7 proposal of a global minimum tax has mixed implications for Indian corporations, foreign majors operating here and the tax authorities
More trade deals key to boosting exports – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/more-trade-deals-key-to-boosting-exports/2269221/ Higher import duties a big hurdle; India must negotiate harder and become part of RCEP-like trade deals As Kant says, in the globalised
Financial sector woes – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/financial-sector-woes/article34783141.ece Covid 2.0 poses many a challenge for the sector The second wave of Covid-19 has taken everyone by surprise, and it has struck
States need to ramp up expenditure on healthcare, says CEA Subramanian – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/states-need-to-ramp-up-expenditure-on-healthcare-says-cea-subramanian/article34779984.ece?homepage=true Food inflation is expected to ease with the arrival of monsoon season The Chief Economic Adviser Krishnamurthy Subramanian expects spending as well as
Better alternatives to loan moratorium – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/better-alternatives-to-loan-moratorium/articleshow/83409051.cmsSynopsis The concern is real, and it is imperative to address the distress in India’s small business universe that prompts such calls. But moratorium
As outlook for economic activity brightens: India Inc building capex muscle for heavy lifting – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/india-inc-building-capex-muscle-for-heavy-lifting/articleshow/83417500.cmsSynopsis Capacity expansion, deferred capex from last year and investments driven by the government’s production-linked incentive scheme will be the three key capex drivers,
Economy poised to shrug off second wave | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/economy-poised-to-shrug-off-second-wave-121061001523_1.html Hard-hearted as it may sound, there is no correlation between the loss of lives and national output As the second wave of the
Medical debts bankrupt Indians already ravaged by coronavirus | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/medical-debts-bankrupt-indians-already-devastated-by-coronavirus-121061001417_1.html People are being forced to choose between food and healthcare (Photo: PTI) In the shadows of the Taj Mahal, shoemaker Shyambabu Nigam worked
New tax deal – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/careful-deliberations-are-needed-before-accepting-the-formula-for-taxing-digital-mnes/article34782738.ece?homepage=true Careful deliberations are needed before accepting the formula for taxing digital MNEs The commitment made by G7 finance ministers regarding corporate tax rates
Encouraging accord: The Hindu Editorial on global minimum tax – The Hindu
lipped from: https://www.thehindu.com/opinion/editorial/encouraging-accord-the-hindu-editorial-on-global-minimum-tax/article34773238.ece?homepage=true The political will shown by G7 to ensure fairness in revenue sharing is a good augury The Finance Ministers of the G7 nations
Tractor volumes decline in May as rural sales take a hit – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/agri-business/tractor-volumes-decline-in-may-as-rural-sales-take-a-hit/article34772120.ece But industry players optimistic of demand revival Domestic tractor volumes saw a decline both year-on-year and month-on-month during May as the second wave
reserve bank of india: RBI may use money managers to boost forex reserves yield – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/forex/rbi-may-use-money-managers-to-boost-forex-reserves-yield/articleshow/83386209.cms Synopsis–The Reserve Bank of India (RBI) is weighing the option of engaging specialist money managers to help improve yields on the reserves fund
Auto industry chases the monsoon, but analysts are less optimistic | Business Standard News
lipped from: https://www.business-standard.com/article/automobile/auto-industry-chases-the-monsoon-but-analysts-are-less-optimistic-121060801594_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Newsletter_11072018 Manufacturers think the impact of Covid-19’s ravages on rural India will abate if seasonal rains are good. Economists and analysts do not share
Mswipe: Mswipe develops MSME score for risk based credit – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/mswipe-develops-msme-score-for-risk-based-credit/articleshow/83364763.cmsSynopsis The new tool will make assessment of MSME creditworthiness easier and provide the opportunity to differentiate risks thereby opening possibilities of dynamic pricing
China is trying to tame inflation. It matters to much of the globe – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/world-news/china-is-trying-to-tame-inflation-it-matters-to-much-of-the-globe/articleshow/83360967.cmsSynopsis For some goods, prices are indeed rising. Paper manufacturers have raised bulk volume prices for products like napkins and toilet paper four times
RBI money printing should be last option, govt can consider Covid bonds: Subbarao – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/rbi-money-printing-should-be-last-option-govt-can-consider-covid-bonds-subbarao/articleshow/83369306.cmsSynopsis India’s economy contracted by less-than-expected 7.3 per cent in the fiscal ended March 2021. For 2021-22, the deficit has been put at 6.8
Cash is king, once again. Should you be worried? | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/bs-number-wise-cash-is-king-once-again-should-you-be-worried-121060800847_1.html A BS analysis shows that a crisis leads to a higher demand for money, which is complemented by an increase in currency in
Second wave impact: Auto debit payment bounce rate increases further in May | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/second-wave-impact-auto-debit-payment-bounce-rate-increases-further-in-may-121060800489_1.html The unsuccessful auto-debit requests through the NACH platform are generally referred to as bounce rates The decline in auto-debit transactions had peaked in
Banks’ collection efficiency for micro-loans drops significantly – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/covid-woes-banks-collection-efficiency-for-micro-loans-drops-significantly/2267778/ Lenders feel that collection efficiency is likely to be ‘volatile’ in the first quarter of the current fiscal year due to the intermittent
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