Synopsis A global rally in commodity prices is upon us, as economies from the US to China take the infrastructure road to recovery from Covid-19.
Category: Economy
restructuring to depend on May flow: IndusInd Bank CEO – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/too-early-to-predict-covid-2-0-impact-restructuring-to-depend-on-may-flow/articleshow/82592643.cmsSynopsis There couldn’t have been a worse time to become a bank CEO than March 2020. When Sumant Kathpalia became the CEO of IndusInd
Exporters eye hospital tie-ups, more vaccine camps for employees – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/exporters-eye-hospital-tie-ups-more-vax-camps-for-employees/articleshow/82557225.cmsSynopsis The measures come in the wake of the country’s exports likely to take a hit in the months ahead as international buyers have
Cash in circulation at a decadal high even as digital payments soar – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/cash-in-circulation-at-a-decadal-high/articleshow/82592287.cms Synopsis–Experts attributed higher cash storage to various factors: Withdrawal of benefit payouts and subsidies from Jan Dhan accounts, better agriculture output and farm-gate
‘Annual export target of $400 billion achievable if exporters’ concerns are addressed’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/commodities/annual-export-target-of-400-billion-achievable-if-exporters-concerns-are-addressed/article34541096.ece FIEO seeks adequate liquidity, release of all export benefits The Federation of Indian Export Organisations (FIEO) has said a concerted strategy would be
Battery storage tech: Cabinet green lights ₹18,100-cr PLI scheme – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/battery-storage-tech-cabinet-nod-for-18100-cr-pli-scheme/article34542908.ece The plan is to achieve Advanced Chemistry Cell manufacturing capacity of 50GWh and niche ACC capacity of 5GWh The Union Cabinet on Wednesday
Two-wheeler dealers fear default on loan repayment as inventory levels rise – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/logistics/two-wheeler-dealers-fear-default-on-loan-repayment-as-inventory-levels-rise/article34539672.ece?homepage=true Covid second wave and subsequent lockdown impacts sales Suppressed demand due to the Covid second wave and subsequent lockdown has pushed up the
Better to stay away from auto stocks: Daljeet Singh Kohli – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/better-to-stay-away-from-auto-stocks-daljeet-singh-kohli/articleshow/82570608.cmsSECTIONSBetter to stay away from auto stocks: Daljeet Singh KohliLast Updated: May 12, 2021, 03:46 PM ISTSynopsis “We are not very gung-ho on auto
Govt approves Rs 18,100 crore PLI scheme for promoting ACC battery manufacturing – The Economic Times
lipped from: https://economictimes.indiatimes.com/industry/renewables/govt-approves-rs-18100-cr-pli-scheme-for-promoting-acc-battery-manufacturing/articleshow/82572497.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis With the objective to promote the Make in India initiative, the National Programme on Advanced Chemistry Cell (ACC) Battery Storage is expected to
Global chip shortage expected to persist until second quarter of 2022: Gartner – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/global-chip-shortage-expected-to-persist-until-second-quarter-of-2022-gartner/articleshow/82571410.cmsSynopsis Across most categories, device shortages are expected to be pushed out until the second quarter of 2022, while substrate capacity constraints could potentially
With Covid affecting factory floors, supply needs to be managed — item by item, sector by sector – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-with-covid-affecting-factory-floors-supply-needs-to-be-managed-item-by-item-sector-by-sector/articleshow/82581828.cmsSynopsis Instead, one could look at the relative severity of the infection and its impact on production. There is some anecdotal evidence to suggest
Goods export can hit $400 b in FY22: Goyal – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/goods-export-can-hit-400-b-in-fy22-goyal/article34536743.ece Assures exporters that there concerns related to export promotion schemes, inverted duties were being taken up with the Finance Ministry India’s goods exports
Lazy banking: Banks’ bond investment surpasses loans | Business Standard News
lipped from: https://www.business-standard.com/article/finance/lazy-banking-banks-bond-investment-surpasses-loans-121051000247_1.html Standard Chartered’s Sahay said the gap between investments and advances will narrow only gradually Deposit growth remained sturdy in double digits clocking 11.4
Developers likely to face tough time in office leasing, says study | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/developers-likely-to-face-tough-time-in-office-leasing-says-study-121051101508_1.html About 90 million square feet of lease renewals coming up this year, says a report by Anarock Developers agree that there will be
Disruption of essential supplies: Move policy from obtuse to sensible – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/move-policy-from-obtuse-to-sensible/articleshow/82555281.cmsSynopsis Policy must address both kinds of problems. Any deemed sign of shortage leads to hoarding and realised shortage. This must be averted. COVID-19
Microfiance sector seeks RBI’s additional support to combat COVID-19 second wave – The Economic Times
lipped from: https://economictimes.indiatimes.com/industry/banking/finance/microfiance-sector-seeks-rbis-additional-support-to-combat-covid-19-second-wave/articleshow/82550827.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis “RBI timely intervention for the sector and its recent announcement of special long-term repo operations (SLTRO) of Rs 10,000 crore for Small Finance
Care Ratings revises downward GDP forecast to 9.2% for FY22 – The Economic Times
lipped from: https://economictimes.indiatimes.com/news/economy/indicators/care-ratings-revises-downward-gdp-forecast-to-9-2-for-fy22/articleshow/82554245.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis This is the fourth revision by the rating agency in its GDP growth forecast for FY2021-22 since March this year. On March 24
Exporters raise high input costs, pending export refunds with Piyush Goyal – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/exporters-raise-high-input-costs-pending-export-refunds-with-piyush-goyal/articleshow/82550693.cmsSynopsis At a meeting with export promotion councils, issues related to high input costs due to rising prices of steel and plastics, release of
India opened up prematurely, Dr Fauci on COVID-19 crisis – The Economic Times
lipped from: https://economictimes.indiatimes.com/news/india/india-opened-up-prematurely-dr-fauci-on-covid-19-crisis/articleshow/82556685.cmsSynopsis India has been severely affected by the unprecedented second wave of the coronavirus and hospitals in several states are reeling under the shortage
Moody’s cuts India’s growth forecast to 9.3 pc, risks of longer-term economic recovery scarring – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/moodys-slashes-india-growth-forecast-to-9-3-pc/articleshow/82549351.cmsSynopsis India is experiencing a severe second wave of coronavirus infections which will slow the near-term economic recovery and could weigh on longer-term growth
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