Clipped from: https://www.financialexpress.com/opinion/what-to-make-of-rbis-qe-the-govt-was-the-winner-in-2020-and-is-so-again-in-the-latest-round/2258236/ The curious part of this QE exercise was that all these measures were invoked at a time when there was surplus liquidity in
Category: Economy
India plans stimulus package for sectors worst affected by second wave – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/india-plans-stimulus-package-for-sectors-worst-affected-by-second-wave/articleshow/82933881.cmsSynopsis In April, the finance ministry eased rules for capital expenditure by government departments to try to boost spending in the economy. Pressure also
Reserve Bank of India surplus is rightfully the government’s – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/reserve-bank-surplus-is-rightfully-gois/articleshow/82917954.cmsSynopsis In this unprecedented time of economic contraction and much uncertainty, the larger RBI dividend would proactively improve government finances and reduce market borrowings.
Karnataka SME industry: Strict lockdown, slump may dent Karnataka’s SMEs this year too – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/strict-lockdown-slump-may-dent-karnatakas-smes-this-year-too/articleshow/82933539.cmsSynopsis Karnataka is home to over 800,000 medium, small and micro enterprises and the sector provides the second largest employment after agriculture BENGALURU: Medium,
India could be staring at Rs 5.4 lakh crore loss due to second round of lockdowns: Barclays – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/india-could-be-staring-at-rs-5-4-lakh-crore-loss-due-to-second-round-of-lockdowns-barclays/articleshow/82934758.cmsSynopsis Barclays lowered its growth forecast for the ongoing fiscal to a single-digit figure of 9.2% from 10% earlier. Similarly, SBI Research saw FY22
Time to look at ‘Ease of Living’ – OPINION – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/article34638008.ece Post-Covid worldThe unorganised sector needs a big boostSOMASHEKARA GRNSOMASHEKARA GRN Post-Covid worldThe unorganised sector needs a big boostSOMASHEKARA GRNSOMASHEKARA GRN1/2 Post-Covid worldThe unorganised
GST Council unlikely to bite the bullet on fuels – Today’s Paper – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/article34637944.ece Officials say Centre, States facing revenue shortfall due to lockdowns, lower demand The GST Council, which is meeting on May 28, is unlikely
RBI’s new restructuring package for small borrowers: Will it work? | Business Standard News
lipped from: https://www.business-standard.com/article/economy-policy/rbi-s-new-restructuring-scheme-for-small-borrowers-will-it-work-121052300905_1.html The new restructuring package for small borrowers has little chance of taking off Imaging: Ajay Mohanty “Eat a live frog first thing in
A recovery interrupted | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/a-recovery-interrupted-121052300845_1.html This first of a two-part essay assesses the emerging economic fallout of the second wave After a very challenging two months, India’s second
RBI’s disclosure dilemma | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/rbi-s-disclosure-dilemma-121052300852_1.html While the RBI must respect the spirit of freedom of expression, we need to draw a Laxman rekha, and the RTI Act should
Cabinet secretary Rajiv Gauba to check progress of PLI schemes this week | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/cabinet-secretary-rajiv-gauba-to-check-progress-of-pli-schemes-this-week-121052300954_1.html The scheme also aims at making domestic manufacturing globally competitive, create jobs, and boost exports. The meeting comes in the backdrop of companies,
Centre, states stare at Rs 2-trillion GST cess gap amid Covid-19 | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/centre-states-stare-at-rs-2-trillion-gst-cess-gap-amid-covid-19-121052400026_1.html The GST compensation of states is expected to widen to Rs 2.5-3 trillion in FY22 as against the cess collection of Rs 1
Assessing RBI’s on-tap liquidity scheme – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/assessing-rbis-on-tap-liquidity-scheme/2257485/ The tenor of loans is three years for the banks, but there are no such restrictions for on-lending. This could lead to asset-liability
Rising unemployment adds to the Covid pain – NEWS – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/article34630402.ece Unemployment rates are slowly moving back to the record highs of June 2020 when there was a national lockdown A fledgling recovery in
Inflation and stocks – OTHERS – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-others/article34625418.ece Equities struggle when interest rate rises Two school friends and veteran investors bumped into each other after decades in a coffee shop. As
Pandemic takes a toll on truckers, loan repayments slow – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/logistics/pandemic-takes-a-toll-on-truckers-loan-repayments-slow/article34598922.ece Truckers are hoping for a blanket loan moratorium as businesses take a hit, utilisation drops While delays in repayments of truck loans have
Kirana partners register 30% increase in monthly delivery income: Flipkart – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/kirana-partners-register-30-increase-in-monthly-delivery-income-flipkart/article34615418.ece Launched in 2019, the programme aligns with Flipkart’s aim of providing kiranas with an additional source of revenue Flipkart on Friday said its
Secured solar bids allowed to lapse in UP as tariffs found to be ‘significantly higher’ – The Financial Express
Clipped from: https://www.financialexpress.com/industry/secured-solar-bids-allowed-to-lapse-in-up-as-tariffs-found-to-be-significantly-higher/2256754/ Talking to FE, NSEFI CEO Subrahmanyam Pulipaka said that the regulatory framework and stability in policy, or the way the decision process is
India Inc’s profit-to-GDP at 4-year high of 2.6% in FY21 despite pandemic | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/india-inc-s-profit-to-gdp-at-4-year-high-of-2-6-in-fy21-despite-pandemic-121052100935_1.html ICICI Securities says impact of GDP weakness felt more by unorganised sector Illustration: Ajay Mohanty Despite the havoc created by the covid-19 pandemic,
How Covid crisis exhausted what Mr Modi had in plenty all these years | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/how-covid-crisis-exhausted-what-mr-modi-had-in-plenty-all-these-years-121052101209_1.html The three things that derailed the economy in the past – war, drought and oil – were mostly absent during his regime, but
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