Clipped from: https://www.thehindubusinessline.com/money-and-banking/released-liquidity-may-help-banks-to-subscribe-to-g-secs-aggregating-32000-cr-at-fridays-auction/article34607405.ece Market participants offered to sell seven G-Secs aggregating ₹1,21,696 crore Liquidity released on account of purchase of Government Securities (G-Secs/GS) aggregating ₹35,000 crore
Category: Economy
Covid ‘infects’ leather exporters’ biz – NEWS – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/article34610861.ece Skeletal staff andshortage of sea containers emerge major concerns Leather exporters have enough orders on hand, but skeletal staff strength and shortage of
Creeping threat – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/creeping-threat/article34607953.ece?homepage=true The surge in global commodity prices poses a challenge in managing inflation At a time when the demand contraction caused by the second
We expect a massive disruption in supply-chain: Bosch India chief – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/we-expect-a-massive-disruption-in-supply-chain-bosch-india-chief/article34608200.ece ‘Nobody knows what impact the second wave of Covid will have on the industry’ India’s leading auto parts manufacturer Bosch posted a sharp
Depositors’ body wants banks to take a cue from Govt and not cut deposit rates – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/depositors-body-wants-banks-to-take-a-cue-from-govt-and-not-cut-deposit-rates/article34605190.ece Cautions that a negative real interest rate may hamper growth in the long run The All India Bank Depositors’ Association (AIBDA) has requested
Don’t tinker with FDI e-comm rules – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/dont-tinker-with-fdi-e-comm-rules/article34599745.ece Clearing the air The government must take a clear stand on its e-commerce policy – /iStockphoto Clearing the air The government must take
Foreign Exchange Policy; Intervention isn’t manipulation – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-foreign-exchange-policy-intervention-isnt-manipulation/articleshow/82778237.cmsSynopsis The criteria for branding currency manipulators are rather simple. The US Treasury looks at three criteria: (1) foreign exchange intervention in terms of
ECB warns of financial stability risks amid market ‘exuberance’ | Business Standard News
Clipped from: https://www.business-standard.com/article/international/ecb-warns-of-financial-stability-risks-amid-market-exuberance-121052000051_1.html Says flood of fiscal & monetary stimulus may build up dangerous imbalances The euro zone is vulnerable to such spillovers because, like most
Second wave of Covid-19: Consider second loan recast, PSBs tell RBI | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/second-wave-of-covid-19-consider-second-loan-recast-psbs-tell-rbi-121052000034_1.html Want lower provisioning for restructuring than last year Reeling from the second wave of Covid-19 and its economic impact, public sector banks have
Can’t afford to rest on recent exports showing – The Financial Express
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
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