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
Category: Economy
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.
Locked down and empty shelves | Business Standard Column
lipped from: https://www.business-standard.com/article/opinion/locked-down-and-empty-shelves-121051801472_1.html Publishing has come to a virtual halt because the retail shops are shut and, as result, so are the large distributors Between 1975
Encouraging exports | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/encouraging-exports-121051801435_1.html Govt must take steps to sustain the rebound India’s merchandise exports went up nearly 200 per cent in April, year-on-year, to $30.21 billion. While a
Covid Second Wave Impact: India’s cost of uncertainty – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/covid-second-wave-impact-indias-cost-of-uncertainty/2253697/ The second wave Could hurt interstate trade, better-off city folk, rural demand and producer margins. The ensuing uncertainty could last longer than the
RBI, look through this price rise – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/rbi-look-through-this-price-rise/articleshow/82747208.cmsSynopsis There are concerns that the spurt in WPI would leave the Reserve Bank of India (RBI) with little leeway to cut interest rates
Real estate developers expect recovery in H2 2021 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/property-/-cstruction/real-estate-developers-expect-recovery-in-h2-2021/articleshow/82740916.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Real estate developers are hoping to see a quick recovery once the second wave of Covid subsidies, similar to the one seen post
Several companies rush to file draft red herring prospectus with Sebi | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/several-companies-rush-to-file-draft-red-herring-prospectus-with-sebi-121051800037_1.html According to data compiled by Prime Database, a firm tracking IPOs, 12 companies looking to raise a cumulative Rs 22,230 crore ($3 billion)
Sovereign rating risk | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/sovereign-rating-risk-121051701487_1.html Govt must take steps to avoid a downgrade Daily Covid-19 cases are showing initial signs of stabilising, with India reporting less than 300,000
Using reserves: When, if not now? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/using-reserves-when-if-not-now-121051800014_1.html India continues to be in urgent need of various supplies to deal with Covid-19 Though we have had some improvement in the last
The world economy is suddenly running low on everything | Business Standard News
Clipped from: https://www.business-standard.com/article/international/covid-19-the-world-economy-is-suddenly-running-low-on-everything-121051800034_1.html Surging corporate demand is upending global supply chains Now India’s massive Covid-19 outbreak is threatening its biggest ports A year ago, as the
Wholesale inflation soars to 10.49% in April on higher fuel prices | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/wholesale-inflation-soars-to-10-49-in-april-on-higher-fuel-prices-121051700625_1.html Prices of primary articles were up 10.16% in April from -1.08 per cent a year ago; little scope for rate cuts, say experts
Daily e-way bill generation falls to one-year low | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/daily-average-e-way-bill-generation-in-may-falls-one-year-low-of-to-1-21-mn-121051701285_1.html GST mop-up likely to fall in May, June Photo: Shutterstock Fewer e-way bills have been generated in May so far, with the daily