Clipped from: https://www.thehindubusinessline.com/news/national/16-applications-cleared-under-pli-for-drug-intermediates-apis/article34312731.ece Companies have committed investment of ₹348.7 crore, seek to create 3,042 jobs A total of 16 applications have been approved under the Production-Linked
Category: Economy
IIP data must change for the better; infra investment to drive growth – The Financial Express
Clipped from: https://www.financialexpress.com/economy/iip-data-must-change-for-the-better-infra-investment-to-drive-growth/2232578/ Apart from a few segments led by automobile, tractors, 2 wheelers and FMCG products, the other segments of industry are yet to swim
China’s exports rise at robust pace in March, imports growth highest in 4 years – The Financial Express
Clipped from: https://www.financialexpress.com/economy/chinas-exports-rise-at-robust-pace-in-march-imports-growth-highest-in-4-years/2231962/ China’s exports grew at a robust pace in March in yet another boost to the nation’s economic recovery as global demand picks up
Who is afraid of India’s fiscal policy? – The Financial Express
Clipped from: https://www.financialexpress.com/economy/who-is-afraid-of-indias-fiscal-policy/2232499/ With little resources to tackle the pandemic and kick-start economic recovery, India should receive debt relief in exchange for a commitment to align
RBI monetary policy: Calms some nerves; just what the doctor ordered – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/rbi-policy-calms-some-nerves-just-what-the-doctor-ordered/2232511/ Overall, the policy is in sync with the times and recognises the need to navigate this uncertain period with an open mind Through
A million Indians waiting to buy a car, used and unused – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-news/a-million-indians-waiting-to-buy-a-car-used-and-unused/articleshow/82038425.cms SynopsisIf a shortage of parts has further extended the waiting period for new cars and SUVs, fewer people replacing their old cars for
How MSMEs in India’s economic hub are left Covid-ravaged even as they stare at worst phase now – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-maharashtra-how-msmes-in-indias-economic-hub-are-left-covid-ravaged-even-as-they-stare-at-worst-phase-now/2232235/ Ease of Doing Business for MSMEs: Maharashtra has been the biggest beneficiary of the Emergency Credit Line Guarantee Scheme (ECLGS) to offer loans
Hotel industry braces for tougher months ahead amid localised lockdowns | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/hotel-industry-braces-for-tougher-months-ahead-amid-localised-lockdowns-121041300970_1.html The recovery seen during the past two quarters is set to be disrupted Photo: Shutterstock A strong resurgence in the Covid cases and
G-SAP 1.0: Has RBI embarked on the path of quantitative easing? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/g-sap-10-has-rbi-embarked-on-the-path-of-quantitative-easing/article34311345.ece?homepage=true While it is similar to QE of advanced economies, the central bank’s programme is short-term in nature, restricted to G-secs and is not
PLI scheme: Mobile phone-makers find it difficult to meet the target for 2022, too – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/pli-scheme-mobile-phone-makers-findit-difficult-to-meet-the-target-for-2022-too/article34303544.ece?homepage=true They face supply chain disruptions amid the global shortage in semiconductors Owing to pandemic-related challenges and supply chain disruptions amid the global shortage
DGFT’s ‘Trade Facilitation’ mobile app to promote exports – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/dgfts-trade-facilitation-mobile-app-to-promote-exports/article34304996.ece?homepage=true The app provides real-time trade policy updates and notifications Exporters and importers in India can now have access to a mobile app that
Rupee falls below 75 to dollar on massive equity sell off; RBI intervenes | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rupee-falls-below-75-to-dollar-on-massive-equity-sell-off-rbi-intervenes-121041201044_1.html Indian unit was again the worst performer in the region, shedding 0.42% to the dollar. But most other Asian currencies lost too The
India to see ‘k-shaped’ recovery as inequalities grow: ex-RBI governor | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-to-see-k-shaped-recovery-as-inequalities-grow-ex-rbi-governor-121041200466_1.html Duvvuri Subbarao says policymakers have limited to help the economy as India battles a second wave of Covid-19 cases. Former RBI governor D
A second lockdown is pointless if we don’t change our methods, says Rajiv Bajaj, MD, Bajaj Auto – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/interviews/a-second-lockdown-is-pointless-if-we-dont-change-our-methods-says-rajiv-bajaj-md-bajaj-auto/articleshow/82032370.cmsSECTIONSA second lockdown is pointless if we don’t change our methods, says Rajiv Bajaj, MD, Bajaj AutoByTamanna Inamdar,Last Updated: Apr 12, 2021, 06:05 PM
How to maintain optimum credit score – The Economic Times
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
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
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