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,”
Category: Economy
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
As lockdown bites, transporters brace for revenue loss of $2.4 billion – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/transportation/roadways/as-lockdown-bites-transporters-brace-for-revenue-loss-of-2-4-billion/articleshow/81980398.cms Truck rentals, which were firming up on improving trade, are also set to fall 6-8% in April, said the Indian Foundation for Transport
6 start-ups join unicorn club this week; 150 likely by 2025, say experts | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/6-start-ups-join-unicorn-club-this-week-150-likely-by-2025-say-experts-121041000075_1.html The pandemic is expected to accelerate big-ticket venture capital, private equity as well as consolidation related deals in unicorns and soonicorns in the
Why more of India needs to Stand up – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/why-more-of-india-needs-to-stand-up/article34283854.ece While just four States account for 55% of the total start-ups, the rest of India has a lot of catching up to do
With support from govt, India can dominate bicycle industry: Pankaj Munjal | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/with-support-from-govt-india-can-dominate-bicycle-industry-pankaj-munjal-121040901343_1.html Hero Cycles chief says growth in India is limited, wants PLI scheme for his industry Pankaj Munjal Pankaj Munjal of Hero Cycles has called for
PLI for white goods: The key to Atmanirbhar Bharat – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/pli-for-white-goods-the-key-to-atmanirbhar-bharat/2230327/ PLI is key to boosting India’s manufacturing and export capabilities through backward integration Now, the AC industry; in 2020, the AC market was
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
Forex: Who moves my rupee or dollar? Check out the movers & shakers – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/forex/who-moves-my-rupee-or-dollar-check-out-the-movers-shakers/articleshow/82001364.cmsSynopsis One key to capturing the forex moves lies in one basic principles – how growth differential drives inflation differential, which finally moves interest
Dialling self-reliance via PLI scheme – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/dialling-self-reliance-via-pli-scheme/article34273860.ece Govt is rightly investing in telecom infrastructure, recognised as a key enabler for growth of the economy In November last year, the government
Busting the myth of rupee over-valuation – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/busting-the-myth-of-rupee-over-valuation/article34273763.ece The Real Effective Exchange Rate of the rupee in the new series is no longer at odds with the reality One of the
Timing the policy rate cycle – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/timing-the-policy-rate-cycle/article34273834.ece The RBI’s move to normalise rates will hinge on inflation, growth and the global monetary policy cycle The Monetary Policy Committee was expected
PLI scheme for textile almost ready: Irani – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/pli-scheme-for-textile-almost-ready-irani/article34271939.ece National Textile Policy to strike balance between allocation and industry’s capacity to use resources The Textile Ministry is working towards reducing the industry’s
Amid semi-conductor shortage disruptions, second wave threat looms large on auto sector now – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/specials/auto-focus/amid-semi-conductor-shortage-disruptions-second-wave-threat-looms-large-on-auto-sector-now/article34278665.ece There is a concern that increasing cases might disturb mobility and consequently impact the demand for vehicles such as cars and two wheelers
Govt to earmark nearly Rs 1,000 crore to support fabless start-ups | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/govt-to-earmark-nearly-rs-1-000-crore-to-support-fabless-start-ups-121040801754_1.html Some of these companies are likely to scale up, become global chip design entities Fabless companies are those that design microchips, while the
China, US solar cos keen to set up units in India – PLI PULL: The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/energy/power/pli-pull-china-us-solar-cos-keen-to-set-up-units-in-india/articleshow/81979834.cms Synopsis–China-based LONGi Solar and Trina Solar, two of the world’s largest makers of solar wafers and modules, are in talks with Indian private
NBFCs to face fresh challenges due to Covid surge: Analysts – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/nbfcs-to-face-fresh-challenges-due-to-covid-surge-analysts/2229634/ Icra Ratings said that due to the Covid-19 pandemic and resultant nationwide lockdowns, securitisation volumes had seen an unprecedented fall in H1FY21 after
Amazon India’s MSME sellers so far: 2.5M cumulatively digitised, $3B worth exports, 1M jobs created – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-amazon-indias-msme-sellers-so-far-2-5m-cumulatively-digitised-3b-worth-exports-1m-jobs-created/2229542/ Ease of Doing Business for MSMEs: Amazon had announced plans in January last year to invest $1 billion for digitizing 10 million Indian
Govt to invite bids for solar PLI in two weeks – The Financial Express
As on date, the 3 giga-watt (GW) of cell manufacturing units and the 14 GW of domestic solar module makers have to import most of
DC Edit | Nurture is the best policy, but watch out for inflation
Clipped from: https://www.deccanchronicle.com/opinion/dc-comment/070421/dc-edit-nurture-is-the-best-policy-but-watch-out-for-inflation.html An elevated inflation rate is also a cause of concern for the RBI, though it has decided to accord priority to economic growth in
aniltikotekar4sme.com 