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
Category: Economy
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
World’s fastest recovery outlook at risk as virus sweeps India – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/worlds-fastest-recovery-outlook-at-risk-as-virus-sweeps-india/article34405811.ece?homepage=true Experts say failure to flatten the virus curve could exert pressure on monetary and fiscal policies Only two weeks ago, the International Monetary
The start, not the end, of Unicorn seeding | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-start-not-the-end-of-unicorn-seeding-121042101220_1.html Conditions are ripe in a broad range of sectors for strong growth and innovation In the first part of this four-part series, we
Microfinance, unsecured SME loan pools to face most stress if lockdowns turn more severe: ICRA – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/microfinance-unsecured-sme-loan-pools-to-face-most-stress-if-lockdowns-turn-more-severe-icra/2239969/ Credit and Finance for MSMEs: While Covid cases continue to explode in April even as state governments have been mounting restrictions to arrest
Covid-19 second wave single biggest challenge to recovery: RBI Governor Das | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/coronavirus-second-wave-cast-a-long-shadow-on-india-s-growth-mpc-members-121042201123_1.html MPC minutes show one member saw little merit in continuing with central bank’s forward guidance Most members were not very sure how the
A rising tide of old ideas: How world economics has changed in 4 decades | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/a-rising-tide-of-old-ideas-how-world-economics-has-changed-in-4-decades-121042300671_1.html Higher tax rates, central banks pumping out cash, protection for home industry, suppressing interest rates, high social welfare pay-outs – all hark back
Is this good politics? Joe Biden’s America isn’t back, it has turned its back – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/bidens-america-isnt-back-it-has-turned-its-back/articleshow/82237602.cmsSynopsis Shockingly, there is no response from the US — the stronger, richer member of the “strategic partnership” (I can’t recall the longer, hyperbolic
RBI action may ease India Inc’s borrowing cost in bond market – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/bonds/rbi-action-may-ease-india-incs-borrowing-cost-in-bond-market/articleshow/82221868.cmsSynopsis The Reserve Bank of India (RBI) Friday cancelled an auction of a five-year paper series of Rs 11,000 crore, with bidders reportedly demanding
M Narasimham: Forgotten contributions | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/m-narasimham-forgotten-contributions-121042301371_1.html In 1977, the Janata government asked him to leave and made Narasimham governor for five months Journalists and sports people are often told
India’s tax revenue below potential by about 4% of GDP: 15th Finance Commission Chairman NK Singh – The Financial Express
Clipped from: https://www.financialexpress.com/economy/indias-tax-revenue-below-potential-by-about-4-of-gdp-15th-finance-commission-chairman-nk-singh/2239130/ Speaking at the CSEP-IMF event on “Securing Sustainable Finances and Medium-term Fiscal Frameworks: International Experience and Relevance for India”, Singh said there is
Who’s manipulating the currency, US?–economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/whos-manipulating-the-currency-us/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. America’s decision to place India on its currency
Benefits of PLI Scheme can be undone by lack of Ease of Doing Business – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/benefits-of-pli-scheme-can-be-undone-by-lack-of-ease-of-doing-business/articleshow/82208409.cmsSynopsis The PLI Scheme can make a difference to electronic manufacturing in India, but states have to get their act together. While hailing the