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
Category: Economy
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
The GST puzzle | Business Standard Column
The sharp rise in GST collection in March could be a false indicator if further rate reforms are delayed The amount of goods and services tax (GST)
Competition among auto cos address issue of vehicle scrapping sops: Gadkari | Business Standard News
lipped from: https://www.business-standard.com/article/economy-policy/competition-among-auto-cos-address-issue-of-vehicle-scrapping-sops-gadkari-121040600772_1.html In a Q&A, the Union minister of road transport and highways says scrapping centres will become an entire industry on their own, subject
Small business lender Lendingkart raises new debt funding to disburse loans to 5,000 MSMEs via NBFC arm – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-small-business-lender-lendingkart-raises-new-debt-funding-to-disburse-loans-to-5000-msmes-via-nbfc-arm/2227855/ Credit and Finance for MSMEs: Lendingkart, which has disbursed over 1 lakh loans to more than 91,000 MSMEs so far through its NBFC
Germany hails US move on corporate tax as ‘great step forward’ – The Economic Times
lipped from: https://economictimes.indiatimes.com/news/international/business/germany-hails-us-move-on-corporate-tax-as-great-step-forward/articleshow/81932849.cmsSynopsis The optimism comes a day after US Treasury Secretary Janet Yellen said Washington was pushing in the G20 for a global minimum corporate
global economy news: Why shortages of a $1 chip sparked crisis in the global economy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/why-shortages-of-a-1-chip-sparked-crisis-in-the-global-economy/articleshow/81924485.cmsSynopsis The chip crunch was born out of an understandable miscalculation as the coronavirus pandemic hit last year. When Covid-19 began spreading from China
Real exchange rate: Why the RER is so important – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/real-exchange-rate-why-the-rer-is-so-important/2228278/ Maintaining a competitive RER is necessary for the economy to achieve its full growth potential The reason why market forces cause the rupee
savings scheme interest rate: Why the economy needs a low interest rate regime – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/invest/why-the-economy-needs-a-low-interest-rate-regime/articleshow/81885104.cms SynopsisFor credit markets to revive again and for lending to expand as needed, we need a low interest rate regime. This cycle will
Mine Stalled Real Estate for Growth–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/mine-stalled-real-estate-for-growth/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The latest figures suggest that growth is stalling
Mandatory registration of copper, aluminium products import is a welcome move – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/commodities/mandatory-registration-of-copper-aluminium-products-import-is-a-welcome-move/article34246707.ece The process of mandatory registration of import contracts for several copper and aluminium items under the ‘Non-ferrous metal import monitoring system’ has kicked-in
ipo–Primary froth – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/primary-froth/article34246799.ece?homepage=true The IPO boom is seeing better quality issuers, but this doesn’t make IPO investing any less risky When a bull market is in
Should interest rates of small savings schemes be cut? Experts are divided on the matter – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/personal-finance-news/should-interest-rates-of-small-savings-schemes-be-cut-experts-are-divided-on-the-matter/articleshow/81885920.cms SynopsisExperts are divided on whether rate cuts are necessary or not. The government slashed small savings interest rates on 31 March, only to
Latest round of Covid restrictions has lenders fretting over rising defaults – The Economic Times
lipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/latest-round-of-covid-restrictions-has-lenders-fretting-over-rising-defaults/articleshow/81916226.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Yesterday, Maharashtra, which has seen a resurgence of infections, announced a weekend lockdown starting 8 pm of Fridays to 7 am on Mondays
Commerce ministry makes import registration compulsory for host of aluminium, copper products – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/commerce-ministry-makes-import-registration-compulsory-for-host-of-aluminium-copper-products/articleshow/81908490.cmsSynopsis The copper items include blister copper, refined copper, copper bars, certain copper rod, copper alloys and sanitary ware.Similarly, the aluminium products include ingots,
Fresh risk to economy | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/fresh-risk-to-economy-121040400923_1.html Govt should avoid the mistakes of 2020 The latest tax collection data suggests the final fiscal deficit number for 2020-21 will be lower than the revised estimate.
RBI’s multiple challenges | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/rbi-s-multiple-challenges-121040501244_1.html Attaining different objectives could become more difficult The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) is meeting this week for the first time
Fresh risk to economy | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/fresh-risk-to-economy-121040400923_1.html Govt should avoid the mistakes of 2020 The latest tax collection data suggests the final fiscal deficit number for 2020-21 will be lower than the revised estimate.
Defying the Covid-19 pandemic: Buoyant exports of ‘core’ products signal trade edge – The Financial Express
Clipped from: https://www.financialexpress.com/economy/defying-the-covid-19-pandemic-buoyant-exports-of-core-products-signal-trade-edge/2226796/ India’s exports of ‘core’ products, or goods excluding petroleum and gems & jewellery, have accelerated at a quicker pace than that of overall
Real returns from FDs remain in the red: Savers reliant on bank deposits continue to lose – The Financial Express
Clipped from: https://www.financialexpress.com/money/real-returns-from-fds-remain-in-the-red-savers-reliant-on-bank-deposits-continue-to-lose/2226806/ The government may have reversed its decision to lower rates of small savings schemes, but savers who rely on bank deposits continue to
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