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
Category: Economy
‘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
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
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