Clipped from: https://www.financialexpress.com/opinion/cant-afford-to-rest-on-recent-exports-showing/2255222/ India still lags its true potential, thanks to protectionist policies, rigid land/labour laws and poor infrastructure Unfortunately, though, India’s exports have never really
Category: Economy
Can retail investors sustain the market rally? – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/columns/can-retail-investors-sustain-the-market-rally/article34599409.ece They do not have the fire-power. The rally can be sustained only if the pandemic is contained fast and FPIs/MFs resume buying Foreign
Rework social security code for informal workers – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/rework-social-security-code-for-informal-workers/article34599616.ece It needs to be simplified, avoiding multiple authorities and allowing for seamless integration of existing State-run schemes The Code on Social Security 2020
Essential Commodities: Goyal ask officials to keep an eye on prices – The Financial Express
Clipped from: https://www.financialexpress.com/economy/essential-commodities-goyal-ask-officials-to-keep-an-eye-on-prices/2255185/ The department of consumer affairs collects data about the prices of all 22 essential commodities from 157 centres across the country. As per
Bounce rates of auto debit transactions rise in April – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/bounce-rates-of-auto-debit-transactions-rise-in-april/article34596357.ece?homepage=true But limited lockdowns may mute impact In a worrying repetition of last year’s Covid-19 led economic distress, bounce rates for recurring transactions were
As Coronavirus lurks, Indians save wealth for health – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/as-virus-lurks-indians-save-wealth-for-health/articleshow/82750222.cmsSynopsis Companies and financial experts said that prospective customers are diverting funds that could have gone into the purchase of discretionary items toward unforeseen
Cement demand may drop by 20% in June quarter due to localised restrictions – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/commodities/cement-demand-may-drop-by-20-in-june-quarter-due-to-localised-restrictions/article34587396.ece Demand from rural housing accounting for nearly a third of the total domestic market to decrease: report Cement demand in the June quarter
Rural demand may not prop up economy – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/rural-demand-may-not-prop-up-economy/article34589203.ece?homepage=true Covid 2.0, unlike the first, has hit rural areas too. This could affect farm output and hence rural income and consumption Last year,
Pandemic slices off 75 per cent of income of the ultra poor – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/pandemic-slices-off-75-per-cent-of-income-of-the-ultra-poor/article34589978.ece?homepage=true Weekly income drops to ₹180 from ₹769 in second wave of Covid In a sign of the battering Covid-19’s second wave has delivered
Consumer durables see washed out summer season for second year in a row – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/consumer-durables-see-washed-out-summer-season-for-second-year-in-a-row/article34585959.ece ACs and refrigerators saw strong sales in March and early April, before the second wave of the pandemic hit the country With most
Consumption hit from second Covid wave seen denting Indian economy | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/consumption-hit-from-second-covid-wave-seen-denting-indian-economy-121051800820_1.html The economic drag from the pandemic in the current quarter will be dominated by demand destruction or deferment of expenditures, said QuantEco Research
Chip shortage crisis enters ‘danger zone’, wait time reaches all time high | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/chip-shortage-crisis-enters-danger-zone-wait-time-reaches-all-time-high-121051900130_1.html The gap between ordering a chip and taking delivery increased to 17 weeks in April, according to one research. Chip shortages are rippling
Covid-led operational curbs in India impacted business: Walmart – The Financial Express
Clipped from: https://www.financialexpress.com/industry/covid-led-operational-curbs-in-india-impacted-business-walmart/2254513/ Most Indian states have imposed lockdowns and curfews to tame a deadly spike in cases. In some markets, including the major ones like
Wider Coverage: Commerce Ministry weighing proposal to revamp scheme for services exports – The Financial Express
Clipped from: https://www.financialexpress.com/economy/wider-coverage-commerce-ministry-weighing-proposal-to-revamp-scheme-for-services-exports/2254487/ The revamped Service Exports From India Scheme (SEIS) may be part of the new five-year Foreign Trade Policy (FTP), which will be effective
Dull Demand: Drop in commercial papers issuances points to slowing credit growth at banks – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/dull-demand-drop-in-commercial-papers-issuances-points-to-slowing-credit-growth-at-banks/2254497/ According to data released by the Reserve Bank of India (RBI), CP issuances were to the tune of Rs 89,576 crore in April
Cryptos are entirely useless products: Former finance secretary Subhash Chandra Garg – The Economic Times [ OCT 2020 news ]
Clipped from: https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/cryptos-are-entirely-useless-products/articleshow/78472917.cmsSynopsis When everything is getting digitised, currency should too. The day is not far when digital currency will come into being. But cryptocurrency is
Wholesale price index spike may hit consumer price index with lag: Economists – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/wholesale-price-index-spike-may-hit-consumer-price-index-with-lag-economists/articleshow/82755193.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis India’s wholesale inflation rose to a near 11-year high of 10.5% in April, data released on Monday showed. By contrast, retail inflation, as
The Disconnect: Real rates, unreal times – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/the-disconnect-real-rates-unreal-times/articleshow/82749849.cms Synopsis–Someone has to pay the price to keep the wheels moving — so that one day the sputtering engine of growth starts roaring.
Finance Ministry pins hope on pent-up demand to lift recovery this fiscal – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/finance-ministry-hopes-pent-up-demand-to-boost-recovery-this-fiscal/article34587203.ece?homepage=true Economists remain cautious; heath spends likely to go up, says SBI research The Finance Ministry pins hope on ‘pent-up demand’ to boost economic
Taxing more firms at a lower rate | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/taxing-more-firms-at-a-lower-rate-121051801447_1.html Concern over a falling share of corporation tax revenue may get worse The Centre’s tax collections in recent years have been a cause for concern.
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