Clipped from: https://economictimes.indiatimes.com/wealth/borrow/how-to-maintain-optimum-credit-score/articleshow/82003312.cmsSynopsis Though there are different credit cards offered, one should pick that suits the requirements. Instead of opting for multiple cards, one must choose
Category: Economy
How the RBI intervened to arrest rupee’s fall – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/forex/how-the-rbi-intervened-to-arrest-rupees-fall/articleshow/82035521.cms SynopsisThe central bank, according to market sources, net sold an estimated $600 million in the exchange traded futures market to arrest the rupee’s
IIP contracts 3.6% in February, retail inflation for March climbs up to 5.5% – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/iip-contracts-3-6-in-february-retail-inflation-for-march-climbs-up-to-5-5/articleshow/82032988.cmsSynopsis Rising Covid cases and any proposed measures that could see more local lockdowns could further jeopardise chances of recovery in the current fiscal.
Nuts and bolts of PLI in manufacturing – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/nuts-and-bolts-of-pli-in-manufacturing/article34296394.ece Production-linked incentive should promote core, high-tech value addition rather than mere assembling of imported parts–CLICK TO READ FURTHER
Moral hazards of RBI’s balance sheet approach – The Hindu BusinessLine
Moral hazards of RBI’s balance sheet approach – The Hindu BusinessLine https://www.thehindubusinessline.com/opinion/moral-hazards-of-rbis-balance-sheet-approach/article34295981.eceMonetary Policy with short-term, narrow goals can destroy credibility in the long run—CLICK TO
Tough game – The Hindu BusinessLine
Tough game – The Hindu BusinessLine https://www.thehindubusinessline.com/opinion/editorial/in-its-effort-to-manage-the-yield-curve-the-rbi-must-not-get-entangled-into-a-qe-trap/article34296005.eceIn its effort to manage the yield curve, the RBI must not get entangled into a QE trap—-CLICK TO
DoT likely to issue guidelines for telecom PLI within week – The Financial Express
Clipped from: https://www.financialexpress.com/industry/dot-likely-to-issue-guidelines-for-telecom-pli-within-week/2230944/ The Department of Telecommunications (DoT) is likely to issue guidelines on implementation of production-linked incentive (PLI) schemes for manufacturers in the sector and
Over Rs 35,000-crore export aid held up amid trade recovery – The Financial Express
lipped from: https://www.financialexpress.com/economy/over-rs-35000-crore-export-aid-held-up-amid-trade-recovery/2231100/ The RoDTEP scheme is on a “solid-footing” and is in sync with best global practices, so the government shouldn’t worry about any challenge
State Bank of India’s latest target: Rs 4-trn SME loan book by March 2024 | Business Standard News
State Bank of India’s latest target: Rs 4-trn SME loan book by March 2024 | Business Standard News https://www.business-standard.com/article/economy-policy/state-bank-of-india-s-latest-target-rs-4-trn-sme-loan-book-by-march-2024-121041100882_1.htmlIt has become easier to do business,
Exporters remain optimistic with weaker rupee and low interest rates | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/exporters-remain-optimistic-with-weaker-rupee-and-low-interest-rates-121041100938_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 Covid-19 continues to pose the greatest threat to trade outlook, as new waves of infection could easily undermine any hoped-for recovery, said the
Bengaluru lone bright spot in direct tax mop-up with 7.3% growth | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/bengaluru-lone-bright-spot-in-direct-tax-mop-up-with-7-3-growth-121041200008_1.html Hyderabad reported a 4 per cent decline with a collection of Rs 55,000 crore in FY21 against Rs 57,000 crore a year earlier.
April monetary policy a fine balancing act | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/april-monetary-policy-a-fine-balancing-act-121041100863_1.html Structurally, it’s a well-crafted policy. But like in cricket and politics, things can change dramatically for a central bank in a very short
‘2.1M women at the center of India’s direct selling market have become successful entrepreneurs’ – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-eodb-2-1m-women-at-the-center-of-indias-direct-selling-market-have-become-successful-entrepreneurs/2231131/ Ease of Doing Business for MSMEs: The direct selling industry has contributed phenomenally towards self-employment generation in the country. From selling at home
ECLGS: Extension of MSME refinancing scheme might add to banks’ exposure to stressed accounts, says Fitch – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-eclgs-extension-of-msme-refinancing-scheme-might-add-to-banks-exposure-to-stressed-accounts-says-fitch/2230966/ Credit and Finance for MSMEs: Under ECLGS, banks and non-banking financial companies (NBFCs) had already sanctioned 82 per cent or Rs 2.46 lakh
Irdai paves the way for insurance money into startups – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/startups/irdai-paves-the-way-for-insurance-money-into-startups/articleshow/81992542.cmsSynopsis The Irdai’s move comes as a major fillip to scores of startups looking for alternative modes of financing, other than foreign private equity
India should tap global cryptocurrencies to fund SMEs, help grow business: iSPIRT – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/technology/india-should-tap-global-cryptocurrencies-to-fund-smes-help-grow-business-ispirt/articleshow/82009378.cmsSynopsis This can be done by allowing validated investors through Indian and global exchanges, which will help bridge the SME financing gap of as
PLI: The first stepping stone on India’s road to global high table – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/pli-the-first-stepping-stone-on-indias-road-to-global-high-table/articleshow/81994521.cms Synopsis–In an increasingly interconnected world, manufacturing has been transformed into a series of dependent processes across countries, which together form large GSCs. With
Tata Sons build marketplace for small and medium enterprises – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/tata-sons-build-marketplace-for-small-and-medium-enterprises/articleshow/82020294.cms Synopsis–In an ambitious venture, Tata Sons is marrying proven models of Chinese e-commerce player Alibaba and Internet firms such as Google and Zoho
Net direct tax mop up exceeds revised estimates at Rs 9.45 lakh crore in FY21 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/indias-income-tax-receipts-surpass-revised-budget-target-for-2020/21-official/articleshow/81983940.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis “Net direct tax collections for the financial year 2020/21 have shown an upswing, despite the inherent challenges brought on by the COVID-19 pandemic,”
Bankers, realtors hail RBI’s move to maintain accommodative policy stance – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/bankers-realtors-hail-rbis-move-to-maintain-accommodative-policy-stance/articleshow/81983298.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis “The RBI’s accommodative stance to keep the key rates unchanged will be instrumental to achieve sustainable growth of the economy and can be
aniltikotekar4sme.com 