Clipped from: https://www.thehindubusinessline.com/opinion/should-taxes-on-petro-products-be-reduced/article34701363.ece The govt cannot afford to as it spends a huge amount on crude oil imports and petro goods are a healthy source of
Category: Economy
Changing GST rates for Covid-supplies no panacea – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/changing-gst-rates-for-covid-supplies-no-panacea/2263326/ The solution lies in ensuring adequate supply and not making ad hoc changes to GST rates As there is market failure due to
GVA showing good, but still need a fiscal push – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/gva-showing-good-but-still-need-a-fiscal-push/2263330/ Without wide vaccine-coverage, consumer-spend will be muted; sans support, MSMEs, lower income households face more pain Without a push, the economy is unlikely
Top five lifestyle retailers save Rs 2,700 cr in costs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/top-five-lifestyle-retailers-save-rs-2700-cr-in-costs/articleshow/83163596.cms SynopsisTop five listed lifestyle retailers and quick service restaurants – Aditya Birla Fashion and Retail, Shoppers Stop, Trent, Burger King, and Westlife Development
GST revenue falls to Rs. 1.02 lakh crore in May – Today’s Paper – The Hindu
Clipped from: https://www.thehindu.com/todays-paper/gst-revenue-falls-to-rs-102-lakh-crore-in-may/article34742510.ece Lowest collections since Sept. 2020 India’s Gross GST revenue fell to Rs. 1.02 lakh crore in May, from a record Rs. 1.41 lakh
The bird and the worm agree | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/the-bird-and-the-worm-agree-7345824/ The average Indian cannot aspire to climb the Hill. He or she is more or less confined to the village or to the
The shrinking middle: Middle class is hurting. GoI must act quickly
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/the-shrinking-middle-middle-class-is-hurting-goi-must-act-quickly/TOI Edit Times of India’s Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues of
How has the second wave of Covid hit trade? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/how-has-the-second-wave-of-covid-hit-trade/articleshow/83253696.cmsSynopsis The problem that many businesses face, like last year, is that of manpower. But where last year, the crisis was because of the
The great Indian tax paradox: Can the tax mop-up keep its pace in the current fiscal? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/the-great-indian-tax-paradox-can-the-tax-mop-up-keep-its-pace-in-the-current-fiscal/articleshow/83265391.cmsSynopsis Augmenting tax collection is critical. If the pandemic continues, pro-poor schemes will need more resources. Ramping up the heath infrastructure to prepare for
Covid impact on income: Over 22 million lost their jobs in just 2 months, Video Gallery – Business Standard
Clipped from: https://www.business-standard.com/multimedia/video-gallery/general/covid-impact-on-income-over-22-million-lost-their-jobs-in-just-2-months-125939.htm Covid impact on income: Over 22 million lost their jobs in just 2 months Over 22 million Indians lost their jobs in the
Watch: RBI Governor Shaktikanta Das on Monetary Policy meet outcome, Video Gallery – Business Standard
Clipped from: https://www.business-standard.com/multimedia/video-gallery/general/watch-rbi-governor-shaktikanta-das-on-monetary-policy-meet-outcome-125991.htmhttps://www.youtube.com/embed/HEuskFTU_WI Watch: RBI Governor Shaktikanta Das on Monetary Policy meet outcome The Reserve Bank of India (RBI) kept interest rates steady at record lows
Rising unemployment: 3 reasons why India should worry about its graduates–business today
Clipped from: https://www.businesstoday.in/opinion/columns/rising-unemployment-3-reasons-why-india-should-worry-about-its-graduates/story/440826.html A graduate from the university must not only be an expert at their subject and possess skills to work, but they should also
Don’t bank on RBI surplus year after year | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/second-edit/don-t-bank-on-rbi-surplus-year-after-year-993525.html The RBI was able to make the payment because it generated a larger surplus in the shortened year RBI is transferring nearly Rs
The digital payment boom is indicative of Centre’s success in enabling financial inclusion | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/digital-payment-boom-financial-inclusion-covid-pandemic-7344673/ The JAM trinity has helped eliminate middlemen, frauds, and leakages due to corruption. It turns out that India overtook China to register the
‘Focus on growth will continue’ – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/money-and-banking/focus-on-growth-will-continue/article34730629.ece The six-member monetary policy committee decided to maintain status quo on the policy repo rate to support growth, which has been laid low
Auto-parts makers to see surge in EV orders as electric era beckons – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/auto-parts-makers-to-see-surge-in-ev-orders-as-electric-era-beckons/article34729823.ece Players investing in R&D and other production-related infra Though the Indian electric vehicles market is still in a nascent stage, auto component makers
That dream house: Real estate has some opportunity waiting to be tapped | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/that-dream-house-real-estate-has-some-opportunity-waiting-to-be-tapped-121060401027_1.html If the real estate sector is properly managed, it could drive not just finance but demand for a range of products and services,
Cement players face bouts of weak business as second wave spikes death toll | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/cement-players-face-bouts-of-weak-business-as-second-wave-spikes-death-toll-121060400751_1.html Only difference now is that industry sales have been 30%, unlike last April, when it hit a zero due to the three-week complete
India Inc trims FY22 growth outlook over third Covid-19 wave fears | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/covid-19-pandemic-india-inc-trims-growth-target-over-uncertainty-121060401552_1.html Companies remain cautious about improvement in sales in FY22 Consumption in semi-urban and rural areas has been impacted because of a surge in
Investments in land, building, second hand machines, raw material out of PLI eligibility – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/investments-in-land-building-second-hand-machines-raw-material-out-of-pli-eligibility/articleshow/83239222.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Investment will include expenditure incurred on new plant, machinery, equipment and associated utilities, research and development, and transfer of technology relating to the
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