Clipped from: https://economictimes.indiatimes.com/jobs/fresh-lockdowns-push-india-jobless-rate-to-over-8-in-first-two-weeks-of-april-cmie/articleshow/82083521.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis As of March 2021, employment in India stood at 398 million, which is 5.4 million short of the 403.5 million employed in 2019-20
Category: Economy
Inflation and lockdown worries weigh on G-secs; yields rise 10 bps – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/bonds/inflation-and-lockdown-worries-weigh-on-g-secs-yields-rise-10-bps/articleshow/82088660.cmsSynopsis The move came on a day when the Reserve Bank of India conducted its first government securities acquisition programme (G-SAP), a mechanism to
Let’s get local for local: The opportunity for MSMEs is huge – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/lets-get-local-for-local/articleshow/82071369.cms Synopsis–For MSMEs, marketing has always been considered difficult and expensive. Today, the sector seems even more circumspect because of the second wave of
Technology to play a key role in the success of MSMEs: Nitin Gadkari–economic times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/technology-to-play-a-key-role-in-the-success-of-msmes-nitin-gadkari/articleshow/82084275.cmsSynopsis Lauding the global tech giant’s decision to announce a $250 million venture fund for India for investments in technology, startups and small businesses,
Uncertainties with rising Covid cases could compound NBFCs woes – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/icra-uncertainties-with-rising-covid-cases-could-compound-nbfcs-woes/article34317673.ece ‘Asset quality pressures would play out fully this fiscal as the level of economic activities are yet to pick up’ The resurgence of
What’s behind G-SAP 1.0 – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/columns/the-cheat-sheet/whats-behind-g-sap-10/article34319824.ece With the new Government Securities Acquisition Programme, the RBI has announced an advance calendar for purchasing G-secs. It hopes that with this purchase,
Autos to electronic goods and home appliances, industry looking at an awful April – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/durables/autos-to-acs-industry-looking-at-an-awful-april/articleshow/82075260.cmsSynopsis Impact on supplies of cars, two-wheelers, ACs, refrigerators and washing machines may show up as early as next week and supply challenges can
India Exports Trade: In slow lane: India’s exports are stuck in the $300 billion range for about a decade – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/in-slow-lane-indias-exports-are-stuck-in-the-300-billion-range-for-about-a-decade/articleshow/82059261.cms SynopsisExport growth has been anemic and the country now seems to be stuck at the $300 billion range in global trade. For a
Smaller auto component suppliers bore a larger impact from pandemic: Report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-components/smaller-auto-component-suppliers-bore-a-larger-impact-from-pandemic-report/articleshow/82068434.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis While the number of days for which these large companies held inventory and the number of days after which they received payment for
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
India’s start-up sector is on a roll – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/indias-start-up-sector-is-on-a-roll/article34312855.ece Start-ups are faring much better than anyone would have dared predict last year – Getty Images/iStockphoto Seizing the pandemic-driven opportunities, quite a few
Fintech boost – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/wallets-payment-banks-have-been-unshackled-but-they-must-ensure-data-security/article34312546.ece Wallets, payment banks have been unshackled but they must ensure data security At the recently concluded Monetary Policy Committee meeting, the Reserve Bank
G-SAP 1.0: Has RBI embarked on the path of quantitative easing? – The Hindu BusinessLine
lipped 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
16 applications cleared under PLI for drug intermediates, APIs – The Hindu BusinessLine
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
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
