Clipped from: https://www.business-standard.com/article/economy-policy/covid-to-act-as-speed-breaker-but-won-t-derail-economy-say-experts-121051401215_1.html Some improvement likely when enough people are vaccinated in the later part of the year The pandemic and ensuing lockdowns would push up
Category: Economy
Reserve Bank of India leaves 10-year bond unsold in auction, rejects bids | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/reserve-bank-of-india-leaves-10-year-bond-unsold-in-auction-rejects-bid-121051401367_1.html The rejection of the bids brought down yields by 2 basis points and the 10-year bond closed at below 6 per cent again,
SBI eyes over Rs 10K-crore credit pipeline for health infrastructure | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/sbi-eyes-over-rs-10k-crore-credit-pipeline-for-health-infrastructure-121051500044_1.html Ashwani Bhatia, managing director, SBI, said the bank had held discussions with firms that needed funds for building hospital infrastructure The Reserve Bank
With rural areas impacted by Covid, MFIs face drop in collections – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/agri-business/with-rural-areas-impacted-by-covid-mfis-face-drop-in-collections/article34555354.ece With rural areas also impacted by the second wave of the Covid-19 pandemic, microfinance institutions (MFI) have been witnessing a drop in collections
Banks go after promoter trusts of firms having stressed loans – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banks-go-after-promoter-trusts-of-firms-having-stressed-loans/articleshow/82641931.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis In the last few weeks, top banks have been making inquiries in certain cases where businesses have been hit hard by Covid and
Banks, RBI favour further cutback in small savings rates – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-rbi-favour-further-cutback-in-small-savings-rates/articleshow/82646853.cms Synopsis–The central bank has been struggling to keep bond yields from spiking in a year that will witness record government borrowing, with North
Second Covid wave to hit banks’ growth harder than asset quality: Analysts – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/second-covid-wave-to-hit-banks-growth-harder-than-asset-quality-analysts/2252201/ “February and March were our best ever months in LAP, too. This has traditionally been an area where we have done well, both
Steel industry faces challenges to pursue growth with stability – The Financial Express
Clipped from: https://www.financialexpress.com/industry/steel-industry-faces-challenges-to-pursue-growth-with-stability/2252198/ Manufacturing for full FY21 grows by (-) 9.8% and IIP by (-) 8.6%. This may be compared to second advance estimates for GDP
PLI for batteries should spur R&D – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/pli-for-batteries-should-spur-rd/articleshow/82638480.cmsSynopsis The plan, National Programme on Advanced Chemistry Cell Battery Storage, put forward by the department of heavy industry, proposes to create a battery
E-commerce firms face more hurdles in Maharashtra, Assam – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/technology/e-commerce-firms-face-more-hurdles-in-maharashtra-assam/articleshow/82602598.cmsSynopsis The Maharashtra government, in a notification on Wednesday, said drivers and helpers of all goods carriers entering the state must carry a negative
Commerce Ministry seeks anti-dumping duty on certain rubber imported from 4 countries – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/comm-min-seeks-anti-dumping-duty-on-certain-rubber-imported-from-4-countries/articleshow/82625393.cmsSynopsis Directorate General of Trade Remedies (DGTR) has recommended the duty after concluding in its probe that ”Acrylonitrile Butadiene Rubber” from these regions has
Big apparel brands still need Bangladesh’s workers – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/big-apparel-brands-still-need-bangladeshs-workers/articleshow/82624993.cmsSynopsis Bangladesh’s garment-export economy is something of a modern miracle. In 1978, the country was primarily agricultural; its garment industry amounted to nine factories
Air cooler industry feels the heat due to COVID wave II–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/air-cooler-industry-feels-the-heat-due-to-covid-wave-ii/story/439095.html “The second wave of COVID-19 calling for lockdowns and movement restrictions has had an adverse impact on the industry. The air cooler industry
Commodities are the cheapest asset class in the world now: Jim Rogers – The Economic Times
lipped from: https://economictimes.indiatimes.com/markets/expert-view/commodities-are-the-cheapest-asset-class-in-the-world-now-jim-rogers/articleshow/82627407.cmsSECTIONSCommodities are the cheapest asset class in the world now: Jim RogersLast Updated: May 14, 2021, 02:19 PM ISTSynopsis “If you can find the
Stranded NRIs look at Cambodia, Vietnam & Lanka for tax tourism – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/migrate/stranded-nris-look-at-cambodia-vietnam-lanka-for-tax-tourism/articleshow/82612491.cmsSynopsis Many multinational employees are stuck in India as several countries are not allowing Indians to fly back. In other cases, some NRIs want
Commodity conundrum | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/commodity-conundrum-121051301342_1.html Higher international prices will increase policy risks A decline in the inflation rate and a surge in the index of industrial production (IIP) would please markets and
Auto-debit payment bounce rate increases again in April | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/second-covid-wave-auto-debit-payment-bounce-rate-increases-again-in-april-121051400052_1.html Experts say the rise may continue, given the lockdowns In absolute terms, in April of the 85.4 million auto-debit transactions initiated, 56.3 million
Will the deadlier second wave prompt Modi govt to go for another stimulus? | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/will-the-deadlier-second-wave-prompt-modi-govt-to-go-for-another-stimulus-121051201327_1.html A recent study found that the poorest of workers earned Rs 15,000 less on average last year. This time, state lockdowns may dent
Housing revival to boost economic sentiment: FM Nirmala Sitharaman | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/housing-revival-to-boost-economic-sentiment-fm-nirmala-sitharaman-121051400045_1.html SWAMIH Fund to benefit 116,000 home buyers, help banks and NBFCs grow Finance Minister Nirmala Sitharaman on Thursday said renewing stalled real estate projects will significantly improve
MSME credit gap: How Bitcoin, Ethereum, other crypto investors may address small business liquidity crisis – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-credit-gap-how-bitcoin-ethereum-other-crypto-investors-may-address-small-business-liquidity-crisis/2251607/ Credit and Finance for MSMEs: Of Rs 95.69 lakh crore gross bank credit outstanding as of February 26, 2020, the share of MSE
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