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
Category: Economy
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
Fear of unknown grips govt’s privatisation plan with second Covid wave | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/fear-of-unknown-grips-govt-s-privatisation-plan-with-second-covid-wave-121052001130_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 Despite the uncertainty and unpredictability on how things will unfold, Centre is hopeful of completing transactions listed in Budget with a delay of
Great commodities boom of 2021 hits pause amid wider selloff – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/great-commodities-boom-of-2021-hits-pause-amid-wider-selloff/articleshow/82820586.cmsSynopsis A rebound in the world’s largest economies as the vaccination against Covid-19 rolls out is stoking demand for metals, food and energy when
RBI’s higher payout to help govt tide over revenue losses from lockdowns: Analysts – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/rbis-higher-payout-to-help-govt-tide-over-revenue-losses-from-lockdowns-analysts/articleshow/82832506.cmsSynopsis After the RBI surprised the Centre with a record Rs 99,122 crore in surplus transfer for FY21, analysts said this will help the
Unemployment rises to 14.5% in May, highest since last year’s lockdown – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/unemployment-rises-to-14-5-in-may-highest-since-last-years-lockdown/articleshow/82796137.cmsSynopsis CMIE data shows that the consumer sentiment index dipped further by 1.5% for the fifth consecutive week with the cumulative index down by
Setback for PLI scheme on IT hardware as peeved manufacturers cut investment commitments – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/electronics/setback-for-pli-scheme-on-it-hardware-as-peeved-manufacturers-cut-investment-commitments/articleshow/82799574.cmsSynopsis Manufacturers are piqued over the low incentive structure of the scheme which offers only 1%-4% reward and does not compensate for the disabilities
Second Covid-19 wave rocks ecommerce boat, hits consumer spends – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/technology/second-covid-19-wave-rocks-ecommerce-boat-hits-consumer-spends/articleshow/82807434.cmsSynopsis Fashion hit hardest; non-metro markets feel impact too, could be critical for recovery Ecommerce hasn’t been able to escape the impact of the ongoing
NBFCs brace for defaults, grim business prospects | Business Standard News
clipped from: https://www.business-standard.com/article/economy-policy/second-covid-19-wave-nbfcs-brace-for-defaults-grim-business-prospects-121052001459_1.html The collections are down as staff is not able to reach out to customers. With falling collections in the second Covid wave and
Centre considers a revamp of stressed asset guarantee scheme for MSMEs | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/centre-considers-a-revamp-of-stressed-asset-guarantee-scheme-for-msmes-121052001518_1.html As of May 14, guarantees of only Rs 68.39 crore had been issued, benefiting 632 businesses, a senior government official told Business Standard
Ahead of jobs miss, some Fed officials edged towards ‘taper’ debate | Business Standard News
Clipped from: https://www.business-standard.com/article/international/some-fed-officials-edged-toward-policy-debate-in-april-minutes-show-121052000022_1.html US stocks dropped further into negative territory after the release of the minutes, while the US 10-year Treasury yield rose to a session
Dec quarter saw rise in home loan delinquencies: CRIF High Mark – The Financial Express
lipped from: https://www.financialexpress.com/industry/banking-finance/dec-quarter-saw-rise-in-home-loan-delinquencies-crif-high-mark/2255946/ While housing finance companies (HFCs) faced 7.84% delinquencies, public sector banks saw 6.3% loans under stress during Q3FY21. CRIF High Mark, however, mentioned
Allow banks wider recast of loans – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/allow-banks-wider-recast-of-loans/2255982/ The second wave has hit small businesses hard; permit recast of loans of upto Rs 50 crore, while classiying the accounts as NPAs
Eateries launch own ordering websites – The Financial Express
Clipped from: https://www.financialexpress.com/industry/eateries-launch-own-ordering-websites/2255988/ “We used Instagram to market the brands. The marketing costs are justified given that we are building the brands for the long term,”
FAITH urges Centre to review and rationalise GST on tourism value chain – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/economy/policy/faith-urges-centre-to-review-and-rationalise-gst-on-tourism-value-chain/article34606072.ece Say hospitality players must be allowed to get a refund of unutilised GST credit lying with State governments The Federation of Associations in
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