Clipped from: https://www.business-standard.com/article/opinion/recovery-faces-demand-constraints-121051700954_1.html While the supply-side has sprung back at least in the large organised sectors, the demand side continues to remain broken. The demand constraints
Category: Economy
Anti-dumping probe initiated on solar cell imports from China, Thailand and Vietnam – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/anti-dumping-probe-initiated-on-solar-cell-imports-from-china-thailand-and-vietnam/article34579821.ece The DGTR said it has accepted a petition by ISMA to probe if material injury is being caused to the domestic manufacturing industry
How will the economy pan out this fiscal? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/how-will-the-economy-pan-out-this-fiscal/article34580661.ece Thanks to the second wave of Covid, double-digit GDP growth seems elusive and household finances will weaken further The second wave of Covid-19
Can digital cash make inflation worse? Fed, other central banks need to be cautious – The Financial Express
Clipped from: https://www.financialexpress.com/economy/can-digital-cash-make-inflation-worse-fed-other-central-banks-need-to-be-cautious/2253415/ Inflation is coming. Or wait, it’s already here. Bond investors are looking at the 4.2% annual rate that U.S. consumer prices jumped to
Year of revival turns year of survival – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/year-of-revival-turns-year-of-survival/2253701/ With banks unwilling to lend, the govt must tap retail savings for capex and welfare spend; also, it must increase corporate tax rates
Top wealth creators of the decade losing allure – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/top-wealth-creators-of-the-decade-losing-allure/articleshow/82727163.cms Synopsis–Rising commodity prices could begin squeezing the profitability of consumer companies. So far, companies have managed to pass on higher input costs to
Payment defaults rise 50% in May for NBFCs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/payment-defaults-rise-50-in-may-for-nbfcs/articleshow/82725399.cmsSynopsis Most non-bank finance companies have been forced to stop door-to-door collections after several payment pick-up agents succumbed to the virus in the past
Hardships faced by the salaried: 35 million workers tapped provident fund accounts since April 2020 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/hardships-faced-by-the-salaried-35-million-workers-tapped-provident-fund-accounts-since-april-2020/articleshow/82725390.cms SynopsisNearly 7.2 million of these workers together availed of the non-refundable Covid advance that was allowed last year amounting to Rs 18,500 crore
Retail inflation since Dec 2020 higher than govt figures: SBI–Business today
Clipped from: https://www.businesstoday.in/current/economy-politics/retail-inflation-since-dec-2020-higher-than-govt-figures-sbi/story/439288.html SBI recommended urgent fuel price cut through tax rationalisation, otherwise consumers’ non discretionary spending will continue to get distorted and impart an upward
NBFCs survived first Covid wave but face second hurdle, says RBI – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/nbfcs-survived-first-covid-wave-but-face-second-hurdle-says-rbi/articleshow/82712068.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Among sectors NBFCs lend to, industrial sector, particularly micro and small and large industries, were the hardest hit by the pandemic as they
India Inc’s foreign investment jumps over two-folds to $2.51 billion in April 2021 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/india-incs-foreign-investment-jumps-over-two-folds-to-2-51-billion-in-april-2021/articleshow/82715145.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Of the total commitment of USD 2.51 billion in April this year by the Indian company owners, USD 1.75 billion was in the
Morgan Stanley: India shouldn’t mistake ‘reflation’ for its ugly step-sister, says Morgan Stanley research – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/india-shouldnt-mistake-reflation-for-its-ugly-step-sister-morgan-stanley-research/articleshow/82707731.cmsSynopsis “Don’t mistake reflation for its ugly step-sister, Asia’s policy rate normalisation is likely to be gradual,” a research by Morgan Stanley said Monday.
Rising Covid spends, fuel prices, online delivery will crowd out consumer demand, warns SBI report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/rising-covid-spends-fuel-prices-online-delivery-to-crowd-out-consumer-demand-warns-sbi-report/articleshow/82708604.cmsSynopsis As the pandemic rages through the country, it is worthwhile to look beyond the headline inflation as rural core has now jumped to
Coronavirus second wave hit aggregate demand more than supply, says RBI bulletin – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/coronavirus-second-wave-hit-aggregate-demand-more-than-supply-says-rbi-bulletin/articleshow/82710345.cmsSynopsis The central bank said despite seasonally adjusted month-on-month momentum in industrial production being positive for the fourth consecutive month, anecdotal evidence points to
India Inc sheds debt to boost ratings, valuations – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/india-inc-sheds-debt-to-boost-ratings-valuations/articleshow/82696851.cms Synopsis–Reliance Industries has reduced its gross debt by nearly Rs 1.21 lakh crore in FY21 to Rs 2.24 lakh crore, riding on a
How to spend, yet reduce government debt – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/ashima-goyal/how-to-spend-yet-reduce-government-debt/article34573377.ece Deficit matters India must never lose sight of fiscal consolidation – /iStockphoto Deficit matters India must never lose sight of fiscal consolidation –
How to reconstruct asset reconstruction companies | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/how-to-reconstruct-asset-reconstruction-companies-121051600864_1.html Banks feel happy shifting their toxic assets from loan books to investment books, while the ARCs are enjoying the management fees with a
Microfinance institutions using AI, machine learning to disburse more loans | Business Standard News
Clipped from: https://www.business-standard.com/article/technology/microfinance-institutions-using-ai-machine-learning-to-disburse-more-loans-121051600789_1.html Tailor-made financial products are being devised, and credit histories are created for all customers. New tools have led to high collection efficiencies Imaging:
Truck rentals on key trunk routes down by further 5-7% in past fortnight | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/truck-rentals-on-key-trunk-routes-down-by-further-5-7-in-past-fortnight-121051600615_1.html Poor fleet utilisation, lack of return loads weighs on capacity of transporters to repay truck loans, puts question mark on business viability Poor
Solar power: Levy of basic customs duty may hit tariff trajectory – The Financial Express
lipped from: https://www.financialexpress.com/industry/solar-power-levy-of-basic-customs-duty-may-hit-tariff-trajectory/2253036/ The role of imports in solar capacity addition is evident from the numbers for the April-January period of the last fiscal. In December,
aniltikotekar4sme.com 