Clipped from: https://www.financialexpress.com/opinion/it-hardware-pli-not-attractive-enough/2251667/ Govt must put in place chunkier incentives, of closer to 3-4% and not the measly 2.2% that it is offering now Going ahead
Category: Economy
The rise of cash a transient symptom – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/the-rise-of-cash-a-transient-symptom/articleshow/82612200.cmsSynopsis The huge increase in India’s cash in circulation during the pandemic is no cause for alarm. Central bank data shows that currency in
Import dependence | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/import-dependence-121051201480_1.html India must attain self-sufficiency in edible oils Buoyed by the good performance of agriculture in the past few years and the India Meteorological
Pandemic-impacted renewable energy projects can apply for extension again | Business Standard News
lipped from: https://www.business-standard.com/article/economy-policy/pandemic-impacted-renewable-energy-projects-can-apply-for-extension-again-121051201191_1.html Frequent delays to hurt the 175 GW RE capacity target of next year This is the second time since last year that RE
‘INNergise’ to Mood Diet: Five-star hotels go all out to beat Covid blues | Business Standard News
lipped from: https://www.business-standard.com/article/economy-policy/5-star-hotels-curate-special-menus-for-home-delivery-to-beat-pandemic-blues-121051201279_1.html Focus of home delivery menus is on foods that provide nutrition and improve mood without pinching customers’ pockets The move, they hope, would
Opportunity for India Inc to take forward cover widens as rupee strengthens | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/opportunity-for-india-inc-to-take-forward-cover-widens-as-rupee-strengthens-121051200828_1.html Many mid-sized firms don’t take proper forward cover, exposing themselves to risk; others are going for it as they feel the rupee will
Import dependence | Business Standard Editorials
lipped from: https://www.business-standard.com/article/opinion/import-dependence-121051201480_1.html India must attain self-sufficiency in edible oils Buoyed by the good performance of agriculture in the past few years and the India Meteorological
G-SAP: Second tranche of bond buying worth Rs 35k cr on May 20, says RBI – The Financial Express
lipped from: https://www.financialexpress.com/economy/g-sap-second-tranche-of-bond-buying-worth-rs-35k-cr-on-may-20-says-rbi/2250843/ The first such auction of Rs 25,000 crore was held on April 15. After the Monetary Policy Committee meeting last month, RBI Governor
Hardware PLI: Govt cuts manufacturing target by half – The Financial Express
Clipped from: https://www.financialexpress.com/industry/hardware-pli-govt-cuts-manufacturing-target-by-half/2250763/ The global manufacturing hubs are limited to a handful of countries with China being the predominant supplier to the world 66% market share
Rs 18k-cr PLI push for ACC battery storage – The Financial Express
Clipped from: https://www.financialexpress.com/industry/cabinet-nod-rs-18k-cr-pli-push-for-acc-battery-storage/2250875/ Under the latest scheme, the government aims to create domestic capacity to manufacture as much as 50 giga-watt hour (GWh) of ACC and
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?homepage=true The plan is to achieve Advanced Chemistry Cell manufacturing capacity of 50GWh and niche ACC capacity of 5GWh The Union Cabinet on Wednesday
Gear up to mitigate cost-push inflation – The Economic Times
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.
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
