lipped from: https://www.financialexpress.com/industry/sme/now-msmes-others-can-file-grievances-on-this-portal-for-alleged-violation-of-public-procurement-order/2249423/ The 2017 order was issued to promote goods manufactured in India and with a view to enhancing businesses’ income and employment. The order
Category: Economy
Weakened economy can’t produce jobs, unemployment rate at 19-week high – The Financial Express
Clipped from: https://www.financialexpress.com/economy/covid-effect-weakened-economy-cant-produce-jobs-unemployment-rate-at-19-week-high/2249461/ There has in fact been a steady increase in unemployment in recent months – the relevant rate rising to a four-month high of
Large dollar supply will ensure that rupee appreciates: SBI report – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/large-dollar-supply-will-ensure-that-rupee-appreciates-sbi-report/article34525493.ece Will help the Reserve Bank of India in inflation management, says Ecowrap The large supply of dollars will ensure that rupee will appreciate
FAITH urges Centre, RBI to take measures to protect tourism and hospitality jobs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/faith-urges-centre-rbi-to-take-measures-to-protect-tourism-and-hospitality-jobs-in-the-country/article34527636.ece Seeks waiver or compensation for fixed statutory liabilities, direct benefit transfer of basic pay The Federation of Associations in Indian Tourism & Hospitality
Rupee levels too crucial for inflation management: Report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/rupee-levels-too-crucial-for-inflation-management-report/articleshow/82522354.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Estimates of exchange rate pass through suggest some moderation during the flexible Inflation targeting period. “But inflation can still alter by 0.1-0.13% for
Risks to financial institutions mounting as second wave surges across India: Fitch Ratings – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/risks-to-financial-institutions-mounting-as-second-wave-surges-across-india-fitch-ratings/articleshow/82516399.cmsSynopsis The fresh round of relief measures announced by the Reserve Bank of India in response to the second wave could provide some relief
Suresh Prabhu seeks release of FY20 benefits for services exports | Business News,The Indian Express
Clipped from: https://indianexpress.com/article/business/economy/suresh-prabhu-seeks-release-of-fy20-benefits-for-services-exports-7306399/ Prabhu recommended that the travel and tourism (including health tourism), education and aviation sectors be exempted from the Rs 5-crore ceiling as they
India Inc’s overseas borrowing touches $9.23 billion, a two year high in March – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/india-incs-overseas-borrowing-touches-923-billion-a-two-year-high-in-march/article34528254.ece?homepage=true The sudden spike in March 2021 can largely be attributed to Indian Railway Finance Corporation (IRFC) which raised $4.92 billion External commercial borrowings
There’s a weak link between economy and market, says Jitendra Gohil | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/there-s-a-weak-link-between-economy-and-market-says-jitendra-gohil-121050900764_1.html The next trigger for a sell-off can be if we go into a nationwide lockdown to curb the virus, but the probability of
India needs more women finance professionals | Business Standard Others
Clipped from: https://www.business-standard.com/article/opinion/india-needs-more-women-finance-professionals-121050900771_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Newsletter_11072018 In the new economy, home is also a workspace. Because a household is a microcosm of an economy, women have had the training
MFIs, banks need to revisit micro-loan pricing: CreditAccess Grameen MD | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/mfis-banks-need-to-revisit-micro-loan-pricing-creditaccess-grameen-md-121050900781_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Newsletter_11072018 Udaya Kumar Hebbar comes across as a contrarian when he says that the industry has learnt to navigate lockdowns Udaya Kumar Hebbar, Managing
The indifferent market | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-indifferent-market-121050900840_1.html The expectation that restrictions may last weeks and not months explains the market’s apparent casual view of the pandemic Despite the scary increase
RBI in Impossible Trinity but ready with reserves, say economists | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-in-impossible-trinity-but-ready-with-reserves-say-economists-121050900931_1.html The RBI cannot have an independent monetary policy (setting domestic interest rates) in an environment of an open capital account and flexible exchange
An asymmetric story: Big steelmakers mint money as smaller ones struggle | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/from-tata-to-jsw-steel-an-asymmetric-story-of-india-s-steel-industry-121050900889_1.html Large producers with iron ore mines and export markets are thriving in the current cycle but small ones, with access to neither, are
Why stock markets are resilient now | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/why-stock-markets-are-resilient-now-121050900834_1.html If the earnings slow, interest rates rise or there is an external shock, the market will fall sharply One of the most baffling
Enduring pain | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/enduring-pain-121050900816_1.html Decline in income and employment will increase hardship The loss of life and livelihood continues to mount relentlessly. Health infrastructure, which anyway had
RBI extends safety net; response proactive, loaded and well timed | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rbi-extends-safety-net-response-proactive-loaded-and-well-timed-121050500565_1.html RBI meant strict business, with a focus on alleviating financing constraints for economic stakeholders at the grass root level bearing a disproportionate burden
What angel investors want when investing in start-ups – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/what-angel-investors-want-when-investing-in-start-ups/article34509123.ece Only a small percentage of start-ups are successful in raising funding from angels Not all start-ups need external capital, but most do. And
Slashing of steel export rebate by China augurs well for India – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/commodities/slashing-of-steel-export-rebate-by-china-augurs-well-for-india/article34508853.ece Provides enough room for companies to raise prices as global rates pick up China’s withdrawal of export rebates of 13 per cent on
PLI scheme, basic customs duty: Only flickering benefits for solar power | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/will-pli-and-bcd-be-able-to-save-the-indian-solar-manufacturing-industry-121042800551_1.html A production-linked incentive scheme and possible basic customs duty will have a limited impact in encouraging domestic solar equipment manufacture In 2015, the
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