Clipped from: https://www.thehindubusinessline.com/opinion/syncing-traditional-banks-with-their-challengers/article33990976.ece Traditional banks and smaller ‘new-age’ banks have much to gain by joining hands The emergence of challenger banks over the last decade has
Category: Economy
Designing a smart PLI programme – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/designing-a-smart-pli-programme/article33990729.ece Genuine value addition, creating jobs that go beyond mere assembling and boosting exports must be the aim A steady transformation of the global
Attracting ‘new money’ will be a challenge for the ARC – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/attracting-new-money-will-be-a-challenge-for-the-arc/article33957326.ece Book building for the new ARC may be easy, but its success will depend on the ability to develop a vibrant distressed debt
Govt striving to reduce pharma sector’s regulatory compliance: Sadananda Gowda – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/govt-striving-to-reduce-regulatory-compliance-burden-on-pharma-sector-sadananda-gowda/article33933185.ece The pharma industry is capable of achieving the ambitious annual target of $130 billion by 2030, which it set for itself and the
Govt approves 14 projects under PLI scheme for bulk drugs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/govt-approves-14-projects-under-pli-scheme-for-bulk-drugs/article33943027.ece Incentives worth ₹6,940 crore will be given over nine years beginning with the current financial year. The government on Friday approved 14 projects
Truth, lies and ‘certified’ statistics – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/r-srinivasan/truth-lies-and-certified-statistics/article33982068.ece A sound certification and standards system is critical for the ‘Make in India’ plan to succeed Last week, the Delhi government decided to
Chief Economic Advisor stresses India to focus on ethical wealth creation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/chief-economic-advisor-stresses-india-to-focus-on-ethical-wealth-creation/article34059847.ece?homepage=true Krishnamurthy Subramanian also highlights the role of private sector in making a “self-sufficient India” Chief Economic Advisor Krishnamurthy Subramanian on Saturday said that
CEA Krishnamurthy Subramanian bats for growth over inflation – The Financial Express
Clipped from: https://www.financialexpress.com/economy/cea-krishnamurthy-subramanian-bats-for-growth-over-inflation/2212043/ It will be the first review for RBI since it was tasked with a mandated inflation target of 4 per cent with a
Dealing with stressed business assets: Giving up on time is a smart strategy – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-eodb-dealing-with-stressed-business-assets-giving-up-on-time-is-a-smart-strategy/2208738/ Ease of Doing Business for MSMEs: The situation of stressed assets is hardly surprising, given the economy’s stressed assets had quadrupled from $26
Govt committed to promote renewable energy, especially in MSME sector, says Nitin Gadkari – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/govt-committed-to-promote-renewable-energy-especially-in-msme-sector-says-nitin-gadkari/2211916/ The government is committed to promote renewable energy resources in the country, especially in the micro, small and medium enterprises (MSMEs) sector, Union
Can ‘bad bank’ save our stressed economy? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/money/bad-bank-need-of-the-hour/articleshow/81478979.cmsSynopsis India’s earlier experience with bad banks seems to have left a feeling of skepticism. In 2004, when IDBI Limited’s bad loans were bought
Transport Ministry proposes de-registration of government owned vehicles after 15 years – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/transport-ministry-proposes-de-registration-of-government-owned-vehicles-after-15-years/articleshow/81480429.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The ministry of road transport and highways on Friday issued a draft notification, proposing that registration of motor vehicles owned by Central government,
Sustained economic growth key to India’s future, critical for security reasons: NITI Aayog CEO – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/sustained-economic-growth-key-to-indias-future-critical-for-security-reasons-niti-aayog-ceo/articleshow/81485037.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Delivering the keynote address at the inauguration of ‘Militaria@Jaipur-2021’, he said as a fallout of the Covid-19-19 pandemic radical reforms were ushered in
20 lakh jabs on Friday, highest so far: Govt – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/20-lakh-jabs-on-friday-highest-so-far-govt/articleshow/81481248.cmsSynopsis “India recorded a significant milestone in its countrywide COVID19 vaccination drive which started on January 16. More than 20 lakh (20,53,537) vaccine doses
Production Linked Incentive scheme in telecom: A ‘towering’ initiative – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/production-linked-incentive-scheme-in-telecom-a-towering-initiative/articleshow/81479243.cmsSynopsis The government expects that this scheme will result in an incremental production of Rs 2 lakh crore over the next five years and
Proposed bad bank can only be used as a one-time tool to clean up banks’ balance sheet: CEA KV Subramanian – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/proposed-bad-bank-can-only-be-used-as-a-one-time-tool-to-clean-up-banks-balance-sheet-cea-kv-subramanian/articleshow/81484162.cmsSynopsis The Union Budget for FY22 proposed the setting up of a bad bank in the form of an asset reconstruction company or an
How Covid-19 could change India’s job market and cities – The Economic Times
lipped from: https://economictimes.indiatimes.com/jobs/how-covid-19-could-change-indias-job-market-and-cities/articleshow/81480361.cmsSynopsis “Low-wage occupations may decline by 2030 for the first time… and the STEM professions continue to expand,” McKinsey report said. As for India
India uses digital banking and biometrics to organize its 1.3 billion population – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/india-uses-digital-banking-and-biometrics-to-organize-its-1-3-billion-population/articleshow/81478987.cmsSynopsis India’s public digital infrastructure — in many ways, an immense online bureaucracy — is an outlier to this principle. The effort was
Reforms are good but can lead to tech terrorism: FM Nirmala Sitharaman | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/reforms-are-good-but-can-lead-to-tech-terrorism-fm-nirmala-sitharaman-121022600064_1.html Says Budget shows govt trusts wealth creators, marking directional change Union Finance Minister Nirmala Sitharaman Union Finance Minister Nirmala Sitharaman on Thursday lauded the reform
Disconnect between markets, real economy a global phenomenon: Sebi chief | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/disconnect-between-markets-real-economy-a-global-phenomenon-sebi-chief-121022501509_1.html Sebi chairman Ajay Tyagi on Thursday acknowledged the systemic risk concerns raised by the RBI and Financial Stability Board over a disconnect between
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