Clipped from: https://www.financialexpress.com/opinion/will-interest-rates-continue-to-rise/2212619/ The bond markets are pushing the central bank around and it is hard to see how/when this will stop Of course, as we
Category: Economy
Hit to exports: Exporters fear low RoDTEP refunds – The Financial Express
Clipped from: https://www.financialexpress.com/economy/hit-to-exports-exporters-fear-low-rodtep-refunds/2212622/ The Pillai committee was set up only in late July last year to undertake a humongous exercise of recommending RoDTEP rates for thousands
One District One Product initiative set for big push – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/one-district-one-product-initiative-set-for-big-push/article34068366.ece FIEO carrying out study to identify items with export potential in 25 districts The five-year Foreign Trade Policy to be announced next month
How health cover cushioned impact of Covid – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/how-health-cover-cushioned-impact-of-covid/article34068159.ece?homepage=true Safeguarding public health was the main concern of the government, but for insurers, designing viable products was the goal Health insurance has come
Fine-tuning flexible inflation targeting – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/fine-tuning-flexible-inflation-targeting/article34067733.ece?homepage=true There should be a switch in target from headline to core CPI. And, the basket and its weights should be updated frequently Possible
US stimulus effect to be felt beyond its shores | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/us-stimulus-effect-to-be-felt-beyond-its-shores-121031500001_1.html The package takes pandemic-related spending in the US to over $6 trillion since the start of the crisis. On Thursday, US President Joe Biden signed
Fed interest rate decision, macro data to guide stock markets this week | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/fed-interest-rate-decision-macro-data-to-guide-stock-markets-this-week-121031400184_1.html Updates on COVID-19 situation and related news will also remain on participants’ radars, says an analyst Indian equity markets will be guided by the US
When will SC status quo on bank loans end? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/when-will-sc-status-quo-on-bank-loans-end-121031400872_1.html If it continues, wary of borrowers’ opportunism and distorted credit discipline, banks may not come forward to lend even if we shout ourselves
India FX reserves surpass Russia’s to become world’s 4th biggest | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-fx-reserves-surpass-russia-s-to-become-world-s-4th-biggest-121031400470_1.html Reserves for both countries have mostly flattened out this year Photo: Bloomberg India’s foreign-exchange reserves surpassed Russia’s to become the world’s fourth largest,
FPIs pull out Rs 7,013 crore from India in March 2021–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/fpis-pull-out-rs-7013-crore-from-indian-markets-in-march-so-far/story/433809.html As per depositories data, FPIs pulled out Rs 531 crore from equities and Rs 6,482 crore from the debt segment between March 1-13
‘Drastic changes’ in monetary policy framework can upset bond market, warns Raghuram Rajan–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/drastic-changes-in-monetary-policy-framework-can-upset-bond-market-warns-raghuram-rajan/story/433806.html Rajan, also a noted economist, opined that the government’s ambitious target to make India a USD 5-trillion economy by 2024-25 was “more aspirational,
CAIT demands restoration of MSME status for 8 crore traders – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/cait-demands-restoration-of-msme-status-for-8-crore-traders/articleshow/81492004.cmsSynopsis The government in June 2017 removed retail and wholesale traders from the MSME category forcing the players either borrow at a higher rate
Selling PSU banks to corporates ‘colossal mistake’, says Raghuram Rajan as workers plan strike – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/selling-psu-banks-to-corporates-colossal-mistake-says-raghuram-rajan-as-workers-plan-strike/articleshow/81494577.cmsSynopsis Many PSU banks, including the State Bank of India (SBI), have informed their customers that their normal working could be affected at the
CEA Krishnamurthy Subramanian explains the economic rationale behind Modi govt’s policy response to Covid – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/cea-subramanian-explains-the-economic-rationale-behind-modi-govts-policy-response-to-covid/articleshow/81499136.cmsSynopsis Increasing only revex is myopic while increasing capex is far-sighted as the former increases aggregate demand ephemerally, while capex generates a sustained increase
Maintain the status quo | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/maintain-the-status-quo-121030401665_1.html The current inflation target has worked well The inflation target of 4 per cent with a lower and upper tolerance level of 2
Finance ministry cracks the whip on insurance companies for ignoring MSMEs | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/finance-ministry-cracks-the-whip-on-insurance-companies-for-ignoring-msmes-121030400382_1.html Reluctant insurers have failed to offer the cover especially curated by the ministry following the UK Sinha panel’s recommendations The department of financial
Extend PLI scheme to all MSMEs amid Covid-19 pandemic, says NITI Aayog | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/extend-pli-scheme-to-all-msmes-amid-covid-19-pandemic-says-niti-aayog-121030401724_1.html The recently announced PLI scheme for the telecom sector extended the incentives to MSMEs. The Aayog has suggested that the existing PLI schemes
Upskilling for senior citizens – The Financial Express
Clipped from: https://www.financialexpress.com/education-2/upskilling-for-senior-citizens/2208063/ Building a successful career post-retirement For senior citizens looking to get back into professional roles, it is crucial to bank on digital training.
The tragedy of the missing middle, writes P Chidambaram – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/across-the-aisle-the-tragedy-of-the-missing-middle-writes-p-chidambaram/2212070/ Given that the bottom 20 per cent of any developing country must be assumed to be poor, that leaves 7 per cent which
More jobs for blue collar workers in retail, e-commerce – The Financial Express
Clipped from: https://www.financialexpress.com/industry/more-jobs-for-blue-collar-workers-in-retail-e-commerce/2208029/ Indeed, many more employers are in the market today, about 1,107 compared with 774 in the last six months. Over 1.1 lakh courier
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