Clipped from: https://www.financialexpress.com/industry/sme/msme-loans-nbfc-lenders-stare-at-significant-dip-in-lending-for-at-least-three-months-amid-covid-2-0/2241981/ Credit and Finance for MSMEs: Recently industry association for NBFCs Finance Industry Development Council (FIDC) had written to RBI seeking another round of
Category: Economy
Inflation looms large, but need accommodative RBI – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/inflation-looms-large-but-need-accommodative-rbi/2242045/ Second surge has hit recovery, and the pain could linger for some time; despite discomfort, RBI must keep monetary policy easy This is
Retailers to FM Sitharaman: Give ECLGS benefits, 6-month moratorium, interest rate cut to fight Covid 2.0 – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/retailers-to-fm-sitharaman-give-eclgs-benefits-6-month-moratorium-interest-rate-cut-to-fight-covid-2-0/2242034/ Credit and Finance for MSMEs: The expert Committee made under the chairmanship of K.V. Kamath had last year recommended financial ratios for 26
Atmanirbharta: Making a case for stainless steel – The Financial Express
lipped from: https://www.financialexpress.com/opinion/atmanirbharta-making-a-case-for-stainless-steel/2241314/ Increase the usage of stainless steel and ensure no dumping takes place It is a misnomer that the price of Indian companies’ stainless
Bad Banks: Not by sovereign guarantee–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/bad-banks-not-by-sovereign-guarantee/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. A sovereign guarantee for the security receipts issued
Cost to cover default risks goes up for banks – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/cost-to-cover-default-risks-goes-up-for-banks/articleshow/82295319.cmsSynopsis Credit Default Swaps (CDS), an insurance against default, tied to ICICI Bank and State Bank of India are now at elevated levels that
The perils of irrational exuberance – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/the-perils-of-irrational-exuberance/article34432317.ece As Piketty observes, when the returns on wealth exceed GDP growth, the result is a massive rise in inequality One of the apparent
RBI’s renewed challenges | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/rbi-s-renewed-challenges-121042701330_1.html The second wave could increase risk for the banking system The Indian economy has been recovering well in recent months but a sudden
MSMEs urge FM Nirmala Sitharaman to review NPA classification norms | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/msmes-urge-fm-nirmala-sitharaman-to-review-npa-classification-norms-121042701411_1.html In its suggestions to the finance ministry, the Federation of Indian Micro, Small and Medium Enterprises has said the greatest need that has
Permission does not a bond market make–THE ECONOMIC TIMES
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/permission-does-not-a-bond-market-make/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. Insurance regulator, Irdai, has given its go-ahead for
Defer PLI targets for global, domestic smartphone cos: Industry associations – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/electronics/defer-pli-targets-for-smartphone-cos/articleshow/82247086.cms Synopsis–Nine out of ten companies under the PLI scheme for handsets could not meet the year one incremental sales turnover targets in the
Restructure retail & individual loan accounts, liquidity support: FIDC to RBI – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/restructure-retail-individual-loan-accounts-liquidity-support-fidc-to-rbi/articleshow/82273060.cmsSynopsis The body in a letter addressed to Shaktikanta Das, Governor of RBI, said this was for the interests of retail NBFCs who “primarily
Pandemic has household savings jumping to 22.5% of GDP: Report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/pandemic-has-household-savings-jumping-to-22-5-of-gdp-report/articleshow/82275685.cmsSynopsis But households’ physical savings fell to a low 5.8 per cent of GDP in the April-June period — when the whole nation was
Wrong listing – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/the-rbi-must-ignore-the-us-action-and-continue-with-its-efforts-to-maintain-rupee-stability/article34423977.ece The RBI must ignore the US action and continue with its efforts to maintain rupee stability The decision of the US Department of
Resurgence of pandemic may bring back inflation pressure, says RBI | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/resurgence-of-pandemic-may-bring-back-inflation-pressure-says-rbi-121042601181_1.html Pandemic protocols, speedier vaccination, ramping up health care capacity, and remaining resolutely focused on a post pandemic future is the way forward, state-of-economy
Can capital expenditure boost the economy? – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/can-capital-expenditure-boost-the-economy/2240013/ With the current impetus rightly given to capital expenditure, emphasis must also be provided on timely implementation of projects within the earmarked outlay
Banks gauging Covid risk via stress tests – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/banks-gauging-covid-risk-via-stress-tests/articleshow/82247416.cms Synopsis–Recent curfews have prompted lenders to conduct stress tests yet again on their portfolios after collection ratios fell up to 10 per cent
Barrier-free Trade: Solar imports from China seen surging in FY22 – The Financial Express
Clipped from: https://www.financialexpress.com/economy/solar-imports-from-china-seen-surging-in-fy22/2239995/ The pace of solar capacity addition slowed 45% annually to 4.8 GW in April-January FY21. Import of solar cells and modules had dropped
Unfair charge | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/unfair-charge-121042600012_1.html India is not using currency to gain unfair advantage The US treasury department’s latest assessment of currency practices and macroeconomic policies has kept India on
Recovery blues – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/recovery-blues/article34407811.ece Covid’s second wave will have an economic, fiscal and welfare impact The economic fallout of India’s second Covid surge cannot be underestimated. This