Clipped from: https://www.thehindubusinessline.com/opinion/mpc-steady-opening-for-2nd-innings-ep/article34265674.ece?homepage=true RBI may need a much larger G-sec buying programme to meet the objectives of government’s borrowing plan In its first meeting of 2021-22,
Category: Economy
RBI’s tightrope walk – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/in-balancing-growth-and-inflation-concerns-the-mpc-might-soon-run-out-of-options/article34265630.ece In balancing growth and inflation concerns, the MPC might soon run out of options India’s monetary policy authorities are faced with an unenviable
India’s very own Quantitative Easing – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/indias-very-own-quantitative-easing/2228860/ RBI has done well to commit its balance sheet to further monetary policy, but the risk is one worth taking As bond market
RBI Monetary Policy’s 10 key takeaways: Repo rate, liquidity, TLTRO, growth, inflation, more – The Financial Express
Clipped from: https://www.financialexpress.com/economy/rbi-monetary-policys-10-key-takeaways-repo-rate-liquidity-tltro-growth-inflation-more/2228735/ The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) kept the repo rate unchanged at 4 per cent, as was expected. The
RBI to buy bonds in India’s version of QE – The Financial Express
Clipped from: https://www.financialexpress.com/economy/gst-dues-dont-attach-assets-at-the-drop-of-a-hat-sc-to-taxman/2228875/ Justice Chandrachud further asked officers to strike a balance between protecting government revenue and allowing genuine businesses to operate. “In order to make
India’s very own Quantitative Easing – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/indias-very-own-quantitative-easing/2228860/ RBI has done well to commit its balance sheet to further monetary policy, but the risk is one worth taking As bond market
In six years, ₹14.96 lakh crore sanctioned under PM Mudra scheme – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/in-six-years-1496-lakh-crore-sanctioned-under-pm-mudra-scheme/article34263064.ece Under the scheme, collateral-free loans up to ₹10 lakh provided for income-generating activities in manufacturing, trading, and agriculture. In the six years since
Vehicle scrappage: Mahindra & Mahindra teams up with MMRPL – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/vehicle-scrappage-mahindra-mahindra-teams-up-with-mmrpl/article34261409.ece To offer customers an end-to-end solution Mahindra & Mahindra on Wednesday said it has signed an MoU with Mahindra MSTC Recycling Private Limited
Inside RBI’s new plan to fight Covid’s second charge – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/inside-rbis-new-plan-to-fight-covids-second-charge/articleshow/81945324.cmsSynopsis At today’s policy meet, the RBI held the repo rate, its key lending rate, at 4% and kept the reverse repo rate, the
RBI Policy: How the key changes will make digital payment, money transfer easier – The Financial Express
Clipped from: https://www.financialexpress.com/money/rbi-policy-how-the-key-changes-will-make-digital-payment-money-transfer-easier/2228806/ To transfer money through National Electronic Funds Transfer (NEFT) and Real-Time Gross Settlement (RTGS), you may not visit your bank branch or login
Realtors welcome RBI policy; urge apex bank to boost liquidity in housing sector – The Financial Express
Clipped from: https://www.financialexpress.com/money/realtors-welcome-rbi-policy-urge-apex-bank-to-boost-liquidity-in-housing-sector/2228800/ Samantak Das, Chief Economist and Head of Research & REIS, JLL India, said the resurgence of the pandemic and resultant concerns of its
Delhi Night Curfew | Covid-19 curbs: Restaurants, pubs stare at long, gloomy nights–the economic times
Clipped from: https://economictimes.indiatimes.com/industry/services/hotels-/-restaurants/restaurants-pubs-stare-at-long-gloomy-nights/articleshow/81942046.cms Covid-19 curbs: Restaurants, pubs stare at long, gloomy nights Synopsis–Nightclub and bar owners said the night curfew from 10 pm to 5 am
RBI inflation forecasting: RBI amends India’s criticized inflation-forecasting model – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/rbi-amends-indias-criticized-inflation-forecasting-model/articleshow/81956099.cmsSynopsis Dubbed as the Quarterly Projection Model 2.0, the RBI’s economists describe the framework as a forward-looking, open economy, calibrated, new-Keynesian gap model. The
Cabinet approves PLI scheme for ACs, LEDs, high-efficiency solar PV modules–business today
Clipped from: https://www.businesstoday.in/sectors/energy/cabinet-approves-pli-for-ac-leds-high-efficiency-solar-pv-modules/story/435977.html PLI scheme: The PLI scheme, which aims at boosting domestic manufacturing in the country, is a central government initiative to make the indigenous industry
4 lakh jobs, Rs 7,920 crore investment: The perks of PLI for white goods–business today
Clipped from: https://www.businesstoday.in/current/corporate/4-lakh-jobs-rs-7920-crore-investment-the-perks-of-pli-for-white-goods/story/435989.html The scheme is expected to be instrumental in achieving growth rates that are much higher than existing ones for AC and LED industries,
RBI revises inflation projection upwards: What changed in 2 months?–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/rbi-revises-inflation-projection-upwards-what-changed-in-2-months/story/435943.html While the RBI has kept the repo rate unchanged, hinting at short-term interest rates to remain low, the risk from ultra-loose monetary policy
RBI’s MPC keeps key lending rates unchanged; maintains accommodative stance–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/rbi-mpc-keeps-key-lending-rates-unchanged-maintains-accommodative-stance/story/435942.html RBI Governor Shaktikanta Das says MPC kept its estimate for economic growth unchanged at 10.5 per cent for FY22. MPC also saw inflation
Tweak the formula for small savings rates – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/tweak-the-formula-for-small-savings-rates/article34255379.ece There’s a need to de-link the small savings rates from the G-Sec market. Also, the setting period needs reconsideration The announcement relating to
Why cash is still king in Indian economy – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/why-cash-is-still-king-in-indian-economy/article34255724.ece Collapse of credit confidence post-GST and now Covid has played a role, besides illicit Chinese imports The riddle of a dramatic and record
NITI Aayog considers separate PLI scheme for MSMEs, examines biz models | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/niti-aayog-considers-separate-pli-scheme-for-msmes-examines-biz-models-121040601463_1.html Seeks different schemes for firms with higher targets, and smaller ones The PLI scheme does not currently focus on making MSMEs a part