Clipped from: https://www.business-standard.com/article/opinion/will-gold-loan-lose-its-sheen-121032100869_1.html In August 2020, when RBI raised the LTV for gold loans to 90 per cent, effective till March 2021, gold price was at
Category: Economy
Transfer NPAs to bad bank at book value, says Parliamentary panel | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/transfer-npas-to-bad-bank-at-book-value-says-parliamentary-panel-121032100941_1.html The panel urged the Reserve Bank of India to clearly define every step of the procedure to remove any ambiguity or discretion from
At $36 billion, FPI inflows into equities at record high since FY13: RBI report – The Financial Express
Clipped from: https://www.financialexpress.com/economy/at-36-billion-fpi-inflows-into-equities-at-record-high-since-fy13-rbi-report/2217269/ Prior to this, overseas investors had invested Rs 23,663 crore in February and Rs 14,649 crore in January, on a net basis. According
Govt to top up Rs 5,000-crore grant to enable proposed state-owned DFI to raise low-cost funds – The Financial Express
Clipped from: https://www.financialexpress.com/economy/govt-to-top-up-rs-5000-crore-grant-to-enable-proposed-state-owned-dfi-to-raise-low-cost-funds/2217299/ Given that one DFI can’t satiate the voracious appetite of the infrastructure sector, the government will offer a five-year tax holiday for private-sector
Now for the action, Ms Sitharaman–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/now-for-the-action-ms-sitharaman/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. Nirmala Sitharaman struck the right note at the
Garment Exporters Do Have A Point–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/garment-exporters-do-have-a-point/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. Indian garment exporters are right to worry about
Where is the economy headed? Indicators hint a recovery but there are two big issues – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/where-is-the-economy-headed-indicators-hint-a-robust-recovery-but-therere-two-big-issues/articleshow/81608016.cms SynopsisMany economic indicators signal a robust recovery. But the rising Covid curve and the inability of several states to spend can dampen India’s
Global demand boost for Indian exporters – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/global-demand-boost-for-indian-exporters/articleshow/81620476.cmsSynopsis Attributing the increase to global demand for plastics, chemicals, engineering goods and low-value lifestyle products such as machine made carpets and non-leather footwear,
V-shaped recovery is well on track: Chief Economic Adviser KV Subramanian – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/v-shaped-recovery-is-well-on-track-chief-economic-adviser-kv-subramanian/articleshow/81608234.cms Shantanu Nandan SharmaEditor, The Economic TimesSynopsis “The vaccination drive will only help achieve it. We will have to be cautiously optimistic though, as
Retailers Association of India appeal to the government to be included under MSMEs – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/retailers-association-of-india-appeal-to-the-government-to-be-included-under-msmes/2216161/ Ease of Doing Business for MSMEs: Retail Trade is not classified under Micro and Small enterprises since the year 2017. Ease of Doing
No country for inflation targeting? – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/no-country-for-inflation-targeting/2216391/ A detached reading of the evidence suggests inflation targeting wasn’t responsible for the decline in India’s inflation—It contributed to a decline in GDP
RBI warns bond markets to avoid ‘tandav’ of high interest rates – The Financial Express
Clipped from: https://www.financialexpress.com/economy/rbi-warns-bond-markets-to-avoid-tandav-of-high-interest-rates/2216303/ Investors must understand their exposures when they set about to scour the landscape and exploit signs of market dysfunction. “It is recovering but
plastics: Plastic prices hit record high to stoke inflation concerns – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/plastic-prices-hit-record-high-to-stoke-inflation-concerns/articleshow/81581830.cmsSynopsis Even before the freeze, the industry was struggling to rebound from back-to-back hurricanes last year, meaning the supply shortfalls will have knock-on effects
The engine of financial inclusion needs the oil of financial literacy to move the economy forward: Kunal Shah – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/et-evoke/the-engine-of-financial-inclusion-needs-the-oil-of-financial-literacy-to-move-the-economy-forward-kunal-shah/articleshow/81593898.cms SynopsisWriting in ET Evoke, Kunal Shah discusses why it is essential for India’s national growth to empower every citizen with education about money:
Make it work: DFI is an idea whose time has returned. India urgently needs a big infra push
lipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/make-it-work-dfi-is-an-idea-whose-time-has-returned-india-urgently-needs-a-big-infra-push/TOI Edit Times of India’s Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues of
Take steps to contain further deterioration in exports, imports: Parliamentary Panel – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/take-steps-to-contain-further-deterioration-in-exports-imports-parliamentary-panel/articleshow/81563031.cmsSynopsis A report by the department-related Parliamentary Standing Committee on Commerce said the committee is perturbed to note the “precipitous” decline in both exports
e-commerce: India’s e-commerce market to be worth $99 billion by 2024: Report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/indias-e-commerce-market-to-be-worth-99-billion-by-2024-report/articleshow/81583312.cmsSynopsis The report said that the rise of technology adoption among small and medium businesses is also expected to drive the growth for digitally
Initiatives taken in Budget will step-up growth momentum: RBI article – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/initiatives-taken-in-budget-will-step-up-growth-momentum-rbi-article/articleshow/81590913.cmsSynopsis “The Union Budget 2021-22 strikes the right chord by prioritising counter-cyclical investment-led fiscal support to post-COVID recovery in growth,” said the article on
India’s economy may grow at 12% in 2021: Moody’s – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/indias-economy-may-grow-at-12-in-2021-moodys/articleshow/81585920.cmsSynopsis A stronger than expected December quarter GDP growth of 0.4 per cent following a 7.5 per cent contraction in the previous three months
India must return to more liberal trade policy regime, ink FTAs with UK, EU: Arvind Panagariya – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/india-needs-to-return-to-more-liberal-trade-regime-arvind-panagariya/articleshow/81592771.cmsSynopsis With a low corporate profit tax rate, labour law reforms, GST, and bankruptcy law, a massive privatization programme on the anvil, and measures
aniltikotekar4sme.com 