Clipped from: https://www.business-standard.com/article/economy-policy/dfi-bond-subscribers-to-get-tax-reimbursement-from-centre-s-rs-5k-cr-grant-121031900047_1.html The Cabinet on Tuesday approved the Bill to create the government-promoted DFI The Rs 5,000-crore corpus will also help in defraying hedging costs
Category: Economy
Scrappage plan has sops for buying new vehicles, pain for driving old ones | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/scrappage-plan-has-sops-for-buying-new-vehicles-pain-for-driving-old-ones-121031801400_1.html Policy will increase business, employment and reduce pollution, says transport minister Automakers count on the new policy to boost sales that crashed when
GST cut needed to make the scrappage policy work – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/gst-cut-needed-to-make-the-scrappage-policy-work/2216408/ Given the impact on the environment, both the Centre & states must help encourage users to scrap their vehicles Gadkari has said that
New FDI route through NRIs? – The Financial Express
Clipped from: https://www.financialexpress.com/economy/dpiit-note-new-fdi-route-through-nris/2216382/ A senior government official told FE that the new notification is essentially a clarification to make it more explicit and clear any doubt.
Scrappage policy will have revolutionary impact: Renault India CEO – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/logistics/scrappage-policy-will-have-revolutionary-impact-renault-india-ceo/article34106146.ece Will elevate auto manufacturing in India to global standards The announcement of a scrappage policy by the Central government is indeed a historic
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 Synopsis–Writing in ET Evoke, Kunal Shah discusses why it is essential for India’s national growth to empower every citizen with education about money:
DFI goes back to the future: Will changes boost infra funding in India? | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/dfi-goes-back-to-the-future-will-changes-boost-infra-funding-in-india-121032501407_1.html The Bill suggests that the government has learned from past mistake The DFI will get government guarantees for its repayment, and support through
Petro products under GST – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/petro-products-under-gst/article34163219.ece Will Opposition-ruled States take the bait? There is no Constitutional or any other legal bar on bringing petroleum products under the Goods and
Is Ease of Doing Business ranking over-rated? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/is-ease-of-doing-business-ranking-over-rated/article34162842.ece A top rank without infrastructure, connectivity, skilled manpower and lower cost of production is of no use to the investor In recent years,
The revival of a worthy report – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/the-revival-of-a-worthy-report/2218136/ For real interest rate to be positive, inflation rate should be 3-4% per annum One wishes that this reality is well recognised in
Political economy of relative inflation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/political-economy-of-relative-inflation/article34133939.ece When non-core inflation falls but core inflation rises, it hurts farmers and exposes the structural faultlines in agriculture Since 2016, the Reserve Bank
DGFT to go fully digital, contactless, faceless, paperless: Commerce Secretary – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/dgft-to-go-fully-digital-contactless-faceless-paperless-commerce-secretary/article34134949.ece Department to help States prepare annual export ranking index for districts The Directorate General of Foreign Trade (DGFT) will soon be completely digitised
Between Supreme Court & govt, banks lose freedom – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/between-supreme-court-govt-banks-lose-freedom/2219575/ SC did well to allow banks to declare loans as NPAs, but not allowing them to charge penal interest was a bad idea
Big Achievement: Highway construction in India to hit record pace! To touch 40 km/day in FY21 – The Financial Express
Clipped from: https://www.financialexpress.com/infrastructure/roadways/big-achievement-highway-construction-in-india-to-hit-record-pace-to-touch-40-km-day-in-fy21/2219525/ Nascent recovery seen in pure PPP (BOT) segment The remarkably brisk pace of highway building this year has been despite the pandemic that
Steel off the peaks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/steel-off-the-peaks/article34152998.ece Massive infra investments are set to boost demand After enjoying a prolonged period of highs over the past six months on the back
Wanted: A secondary market for bank loans – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/wanted-a-secondary-market-for-bank-loans/article34153018.ece This is of vital importance for price discovery of loans and to restore the health of Indian banks With the Finance Minister’s announcement
The right balance – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/the-right-balance/article34152917.ece Apex Court has spelt out a pragmatic solution to the interest waiver issue On March 23, the Supreme Court brought a satisfactory closure
MSME funding: How FinTechs can help address credit gap for small businesses–business today
Clipped from: https://www.businesstoday.in/opinion/columns/msme-funding-how-fintechs-can-help-address-credit-gap-for-small-businesses/story/432894.html A symbiotic relationship between banks and digital NBFCs can lead the way towards a win-win situation for all The introduction of the Co-Lending
How bad bank model of ARC, AMC would work to manage NPAs–business today
Clipped from: https://www.businesstoday.in/opinion/columns/how-bad-bank-model-of-arc-amc-would-work-to-manage-npas/story/433303.html The proposed two-tier ARC, AMC framework, ostensibly created with public structure and private sector in mind for the respective entities, may create more
Supreme Court chooses right–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/supreme-court-chooses-right/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The Supreme Court’s refusal either to extend RBI’s