Clipped from: https://www.business-standard.com/article/companies/corporate-profit-to-gdp-ratio-hits-10-year-high-of-2-63-in-fy21-121053100041_1.html India Inc’s combined net profit was up 57.6% to Rs 5.31 trillion in FY21 Corporate revenue to GDP also inched up to 34.4
Category: Economy
Who bore brunt of income losses in CY20 as India battled coronavirus? | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/who-bore-brunt-of-income-losses-in-cy20-as-india-battled-coronavirus-121053100082_1.html Almost four-fifth of all income losses were incurred by households and the corporate sector Nikhil Gupta is Economist, Motilal Oswal Financial Services Ltd.
Distant thunder in the world economy | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/distant-thunder-in-the-world-economy-121053000925_1.html We’re in the happy period of global economy coming back to life, but we need to watch carefully the US inflation situation Here
The rural worry | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/the-rural-worry-121053000918_1.html Bharat is suffering on multiple counts Prime Minister Narendra Modi rightly noted last week that the economic impact of the Covid-19 pandemic was “huge”. The
A no-action policy with focus on growth | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/a-no-action-policy-with-focus-on-growth-121053000836_1.html ‘Unwinding’ is unlikely to happen before the third quarter of this year even if we don’t mess up in tackling a possible third
The goofed-up story of rooftop solar – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/specials/clean-tech/the-goofed-up-story-of-rooftop-solar/article34682693.ece The segment is seeing big growth during the pandemic, but a host of reasons — including governmental missteps — threaten to dim it
Significant Economic Presence and its legal significance – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/significant-economic-presence-and-its-legal-significance/article34683362.ece Lawmakers have created scenarios where foreign corporations are deemed to have “business connection” in India, thus bringing their Indian operations within the ambit
Banks can lend about ₹46,000 crore to MSMEs, civil aviation sector – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/banks-can-lend-about-46000-crore-to-msmes-civil-aviation-sector/article34683172.ece?homepage=true Scheme extended up to Sept-end or till guarantees of ₹3-lakh crore are issued Banks can lend about ₹46,000 crore to the micro, small
Emergency credit scheme to now cover civil aviation, oxygen plants – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/emergency-credit-scheme-to-now-cover-civil-aviation-oxygen-plants/article34683988.ece In boost to multiple sectors, ₹500-crore debt ceiling for loan eligibility also goes The Government on Sunday expanded the scope of the Emergency
India: Inflation undone? Some inflation worries highlighted earlier have come to pass – The Financial Express
lipped from: https://www.financialexpress.com/opinion/india-inflation-undone-some-inflation-worries-highlighted-earlier-have-come-to-pass/2261827/ As demand for goods and services pick up gradually (though worth noting that we are not forecasting a rapid rise in demand like
NDA failed to do its job on the economy: Big job-creating schemes needed to revive consumer demand & small businesses – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/nda-failed-to-do-its-job-on-the-economy-big-job-creating-schemes-needed-to-revive-consumer-demand-small-businesses/2261834/ At the last count, the cumulative loss of salaried jobs, since the pandemic, was 12.6 million across urban and rural areas; as of
Interest payments: Centre’s soaring debt may curb productive spending – The Financial Express
Clipped from: https://www.financialexpress.com/economy/interest-payments-centres-soaring-debt-may-curb-productive-spending/2261908/ Foster expected debt to stabilise at around 92% of GDP by FY25, against 88.9% (Moody’s estimate) in FY21. This is among the least
‘RBI may keep repo rate unchanged’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-may-keep-repo-rate-unchanged/article34683797.ece?homepage=true The MPC has held repo rate rock-steady at 4% since May 2020 The rate-setting monetary policy committee (MPC) is likely to stand pat
Economy showing symptoms of stagflation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/economy-showing-symptoms-of-stagflation/article34683323.ece?homepage=true Expansionary fiscal policy, especially increased govt spending, is needed to overcome the pandemic-induced disruptions Iranian oil workers’ strike and subsequent surge in fuel
PSBs to follow templated approach to restructure loans – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/psbs-to-follow-templated-approach-to-restructure-loans/article34681671.ece?homepage=true Resolution process has to be invoked within 30 days from the receipt of the application Public Sector Banks (PSBs), under the aegis of
Across the Aisle: A bigger calamity awaits us, writes P Chidambaram – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/across-the-aisle-a-bigger-calamity-awaits-us-writes-p-chidambaram/2261454/ However, there is one thing about the future that is no longer uncertain. It is about the economic conditions of the people of
Covid-19 second wave caught us by surprise, India was not ready: Finance Minister Nirmala Sitharaman | Deccan Herald
Clipped from: https://www.deccanherald.com/national/covid-19-second-wave-caught-us-by-surprise-india-was-not-ready-finance-minister-nirmala-sitharaman-991552.html The issue of limited medical infrastructure was addressed in the February 2021 Budget, she said Finance Minister Nirmala Sitharaman. Credit: PTI File Photo
From ACs to LED lights, what the PLI booster dose can do for India’s white goods sector – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/from-acs-to-led-lights-what-the-pli-booster-dose-can-do-for-indias-white-goods-sector/articleshow/83056607.cmsSynopsis The Government has been ambitious in rolling out large sums for incentivising manufacturing in India. For the white goods sector also, the Cabinet
Create a market for catastrophe bonds – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/create-a-market-for-catastrophe-bonds/articleshow/83045707.cmsSynopsis For another, these offer attractive yields, and so can well be lapped up by long-term investors with the requisite risk appetite. The rising
SME: Bengal SMEs, exporters seek relaxation from COVID-19 restrictions – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/bengal-smes-exporters-seek-relaxation-from-covid-19-restrictions/articleshow/83033086.cmsSynopsis West Bengal hosts the highest number of MSMEs in the country and they play a vital role in the state economy. KOLKATA: In
