Clipped from: https://www.business-standard.com/article/economy-policy/analysts-see-rbi-remain-accommodative-hold-rates-in-june-4-policy-review-121052700420_1.html In April, the six-member monetary policy committee had voted unanimously for a status quo on the key rates Inflation and growth concerns amid
Category: Economy
Hit hard by pandemic, retailers, traders seek waiver of property tax and license fee – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/hit-hard-by-pandemic-retailers-traders-seek-waiver-of-property-tax-and-license-fee/articleshow/82976676.cmsSynopsis Since April, nearly two dozen states including Maharashtra, Karnataka, Rajasthan, Chhattisgarh, West Bengal, Madhya Pradesh and Odisha, have restricted timings of shops selling
Surging input prices, rural disruptions caused by high Covid cases twin risks to inflation: Crisil – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/inflation-back-to-haunt-on-higher-input-prices-rural-economy-disruptions-crisil/articleshow/82971913.cmsSynopsis It said the rising spread of Covid-19 infections in the hinterland could lead to disruptions in food production and its transportation to the
What triggered spikes in short-term interest rates? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/what-triggered-spikes-in-short-term-interest-rates/articleshow/82977192.cms Synopsis–“The liquidity surplus has reduced with the CRR (cash reserve ratio) rollback and likely rising government cash balances,” said Anand Bagri, Head –
Credit card spends grow at slow pace as Covid second wave hits sentiment – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/credit-card-spends-grow-at-slow-pace-as-covid-second-wave-hits-sentiment/articleshow/82992775.cmsSynopsis Asset quality from the unsecured segment a big worry; banks have curtailed credit limits and also cut back on new customer additions Mumbai:
Centre working on packages for those who lost sole breadwinner, orphaned children – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/centre-working-on-packages-for-those-who-lost-sole-breadwinner-orphaned-children/articleshow/82985618.cmsSynopsis Discussions have been held with stakeholder ministries to ready the package at the earliest, given the huge financial impact such families are facing.
Vaccination: The $5 trillion question | Business Standard Column
The answer to the question of how to vaccinate a billion Indians is perhaps to be found in basic economics What is the most important
The coming long spell of demand drought | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-coming-long-spell-of-demand-drought-121052601504_1.html Looks like India’s demand curve has shifted downwards for a couple of years at least, writes Shailesh Dobhal As far as demand for
Time has come for fiscal stimulus to support the economy: Uday Kotak | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/time-has-come-for-fiscal-stimulus-to-support-the-economy-uday-kotak-121052700048_1.html We are working with the government and vaccine manufacturers to increase the vaccine available for Indian business and industries, said Uday Kotak Confederation
Falling between the cracks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/r-srinivasan/falling-between-the-cracks/article34651753.ece The pandemic has worsened the plight of India’s urban poor. It is time the Centre turned its policy focus on them Just how
With no cushion like last time, second Covid wave poses challenges for auto lenders – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/with-no-cushion-like-last-time-second-covid-wave-poses-challenges-for-auto-lenders/article34651027.ece?homepage=true Borrowers grappling with reduced capacity utilisation, increased operating costs The second Covid-19 wave will have a material impact on automobile lenders’ asset quality
PLI timeline for mobile phone manufacturing may begin in FY22 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/telecom/telecom-policy/mobile-pli-timeline-may-begin-in-fy22/articleshow/82984538.cmsSynopsis A change in the timeline will mean manufacturers need to post incremental production worth Rs 4,000 crore in this fiscal year, instead of
Govt likely to raise allocation for key export scheme – The Financial Express
Clipped from: https://www.financialexpress.com/economy/tax-refund-govt-likely-to-raise-allocation-for-key-export-scheme/2259644/ While the revenue department will take a final call on the hike, sources said the total allocation for FY22 may finally jump to
Moody Blues — the fickle world of ratings – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/moody-blues-the-fickle-world-of-ratings/article34651915.ece?homepage=true Ratings Boon or bane? – fazon1 Rating agencies have got things horribly wrong in the past. But they still carry a lot of
RBI to the rescue, again – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/the-centre-cannot-be-grudged-the-large-surplus-transfer-from-the-rbi-but-prudence-is-important/article34651731.ece?homepage=true The Centre cannot be grudged large surplus transfer from the RBI, but prudence is important The transfer of ₹99,122 crore of its surplus
Second Covid-19 wave may leave a bigger dent on GDP: Reports – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/2nd-wave-may-leave-a-bigger-dent-on-gdp/articleshow/82959246.cmsSynopsis Slow vaccinations and the uneven easing of curbs by states will likely weigh on recovery. “Even as India’s second Covid-19 wave starts to
Growth pangs: Govt weighs fresh stimuli, relief package to soften Covid-19 blow – The Financial Express
Clipped from: https://www.financialexpress.com/economy/growth-pangs-govt-weighs-fresh-stimuli-relief-to-soften-covid-19-blow/2258903/ Package could be ‘smaller compared to last year’s yet meaningful’; tourism, hospitality, aviation among focus sectors The RBI had in April (before the
Pandemic Lows: Formalisation of jobs takes a big hit – The Financial Express
Clipped from: https://www.financialexpress.com/economy/pandemic-lows-formalisation-of-jobs-takes-a-big-hit/2258901/In the case of ESIC also, the net addition to the subscriber base is much lower than what the number of new subscribers indicates
IREDA invites bids for solar PLI scheme – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/ireda-invites-bids-for-solar-pli-scheme/article34642062.ece The offer-for-bids will close on June 30 Indian Renewable Energy Development Agency on Tuesday invited bids for setting up solar manufacturing units under
‘Domestication’ of the Chinese economy – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/domestication-of-the-chinese-economy/article34644030.ece ‘Dual circulation’ marks China’s transition from an export-led economy to a domestically driven, services-led one At a time when the world economy is
