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
Category: Economy
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
Amid semi-conductor shortage disruptions, second wave threat looms large on auto sector now – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/specials/auto-focus/amid-semi-conductor-shortage-disruptions-second-wave-threat-looms-large-on-auto-sector-now/article34278665.ece There is a concern that increasing cases might disturb mobility and consequently impact the demand for vehicles such as cars and two wheelers
Govt to earmark nearly Rs 1,000 crore to support fabless start-ups | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/govt-to-earmark-nearly-rs-1-000-crore-to-support-fabless-start-ups-121040801754_1.html Some of these companies are likely to scale up, become global chip design entities Fabless companies are those that design microchips, while the
China, US solar cos keen to set up units in India – PLI PULL: The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/energy/power/pli-pull-china-us-solar-cos-keen-to-set-up-units-in-india/articleshow/81979834.cms Synopsis–China-based LONGi Solar and Trina Solar, two of the world’s largest makers of solar wafers and modules, are in talks with Indian private
NBFCs to face fresh challenges due to Covid surge: Analysts – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/nbfcs-to-face-fresh-challenges-due-to-covid-surge-analysts/2229634/ Icra Ratings said that due to the Covid-19 pandemic and resultant nationwide lockdowns, securitisation volumes had seen an unprecedented fall in H1FY21 after
Amazon India’s MSME sellers so far: 2.5M cumulatively digitised, $3B worth exports, 1M jobs created – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-amazon-indias-msme-sellers-so-far-2-5m-cumulatively-digitised-3b-worth-exports-1m-jobs-created/2229542/ Ease of Doing Business for MSMEs: Amazon had announced plans in January last year to invest $1 billion for digitizing 10 million Indian
Govt to invite bids for solar PLI in two weeks – The Financial Express
As on date, the 3 giga-watt (GW) of cell manufacturing units and the 14 GW of domestic solar module makers have to import most of
DC Edit | Nurture is the best policy, but watch out for inflation
Clipped from: https://www.deccanchronicle.com/opinion/dc-comment/070421/dc-edit-nurture-is-the-best-policy-but-watch-out-for-inflation.html An elevated inflation rate is also a cause of concern for the RBI, though it has decided to accord priority to economic growth in
White goods, solar modules get Rs 10,738 crore worth of PLI push | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/white-goods-solar-modules-get-rs-10-738-crore-worth-of-pli-push-121040800121_1.html While incentives worth Rs 6,238 crore would be provided over five years for manufacturing of white goods in India, the outlay for solar
PLI scheme for air conditioners fails to excite local manufacturers | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/pli-scheme-for-air-conditioners-fails-to-excite-local-manufacturers-121040800105_1.html Lack of incentive for incremental assembly may delay investments Leading consumer durables manufacturers said it will help in growing the local AC manufacturing
MPC: Steady opening for 2nd innings – The Hindu BusinessLine
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,
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
