Clipped from: https://www.business-standard.com/article/opinion/poverty-alleviation-why-india-is-not-able-do-to-what-china-has-pulled-off-121022601172_1.html What should concern India is not just its loss of economic momentum, but also the fact that it is not outpacing countries not
Category: Economy
GDP Numbers–Positive surprise for third quarter but negative for FY21? | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/gdp-numbers-positive-surprise-for-third-quarter-but-negative-for-fy21-121022600969_1.html The GDP forecasts do indicate that we are on the right path and in the absence of any serious localized lockdowns can be
The economics of petrol pricing – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/the-economics-of-petrol-pricing/2202830/ The excise rate, levied on a per-unit basis, has been in the range of Rs 18-20 for 2018, 2019 and the first half
Pricier steel can be costly for economy – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/pricier-steel-can-be-costly-for-economy-ep/article33813520.ece To sustain post-Covid recovery, steel import tariffs must be cut to zero and iron ore export curbed The Competition Commission has opened a suo
India to be biggest driver of global energy demand growth in next two decades: IEA – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/india-to-be-biggest-driver-of-global-energy-demand-growth-in-next-two-decades-iea/article33798308.ece India to make up a quarter of global demand growth during 2019-2040; reliance on oil imports to rise above 90% by 2040; gas
Concerns on high steel prices unfounded: JSW Steel – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/concerns-on-high-steel-prices-unfounded-jsw-steel/article33762154.ece Notwithstanding the cut in import duty on steel products, the high iron ore prices and second wave of Covid remain a concern for
Imported raw material, other than precious metals, permitted to be used for job work – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/imported-raw-material-other-than-precious-metals-permitted-to-be-used-for-job-work/article33752299.ece Advance intimation of import consignment to be mandatory A manufacturer will now be able to use imported raw material for outsourced work also
A monetary policy that strikes a chord with fisc – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/a-monetary-policy-that-strikes-a-chord-with-the-fisc/article33762050.ece Holding steady The central bank keeping a ‘hold’ on rates was widely anticipated – PAUL NORONHA Holding steady The central bank keeping a
PLI scheme for solar PV to spur ₹14,000-cr investment – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/pli-scheme-for-solar-pv-to-spur-14000-crore-investment/article33874090.ece Government to invest ₹4,500 crore on the scheme Prime Minister Narendra Modi said on Thursday that the performance-linked incentive (PLI) scheme for high-efficiency
Will FM’s asset monetisation plan pay off? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/will-fms-asset-monetisation-plan-pay-off/article33761043.ece The idea is good, but there are challenges to generating revenues through sale of surplus land held by the govt and PSUs Finance
PLI schemes for 10 sectors to be notified by March 31: DPIIT Secretary – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/pli-schemes-for-10-sectors-to-be-notified-by-march-31-dpiit-secretary/article33762483.ece Identification of beneficiaries, who could enjoy 4-6% incentives, to take another 2-3 months The Centre is hopeful that the Production Linked Incentive (PLI)
There is no provision to take credit of the agriculture infra cess: Expert | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/there-is-no-provision-to-take-credit-of-the-agriculture-infra-cess-expert-121020800718_1.html This should not matter much because wherever AIDC has been imposed, the basic customs duty (BCD) or excise duty has been reduced, and
Diverse responses to the Budget | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/diverse-responses-to-the-budget-121020801673_1.html The finance minister did very well for equity market investors. How did she fare with households? The presentation of the Indian Union Budget is an
A pro-growth turn in government policy | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/a-pro-growth-turn-in-government-policy-121020801757_1.html The growth impact of PLI schemes could start showing up in FY22 Total central government spending in FY22 should be unchanged from the
Indirect Taxes: FM Sitharaman’s Budget attempts a delicate balancing act | Business Standard News
Clipped from: https://www.business-standard.com/budget/article/indirect-taxes-fm-sitharaman-s-budget-attempts-a-delicate-balancing-act-121020202031_1.html The focus has been on smoothening the GST structure and removing anomalies, as well as closing loopholes to curb fraudulent practices Even before
Kirana comes full circle | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/kirana-comes-full-circle-121020801780_1.html Two recent steps, both by the original posterboy of e-commerce, Flipkart, make it clear that we’ve come full circle on grocery It’s true
Is Union Budget 2021-22 inflationary? Experts not on the same page | Business Standard News
Clipped from: https://www.business-standard.com/budget/article/is-union-budget-2021-22-inflationary-experts-not-on-the-same-page-121020701002_1.html The government has ruled out tweaking the inflation target under the monetary agreement framework between it and the RBI C Ranganathan, former governor,
Interest on public debt may eat away half of govt tax revenue in FY21, FY22 | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/interest-on-public-debt-may-eat-away-half-of-govt-tax-revenue-in-fy21-fy22-121020701014_1.html Expenditure on interest will account for 52.4 per cent of the central tax revenues in FY22 The fiscal headroom for the central government
Exporters shouldn’t rely much on subsidies from govt | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/exporters-shouldn-t-rely-much-on-subsidies-from-govt-121020701022_1.html The government has introduced the Agriculture Infrastructure and Development Cess that will be levied on select imported goods and petroleum products The finance
RBI | inflation: India’s inflation target band appropriate for next 5 years: RBI report
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/indias-inflation-target-band-appropriate-for-next-5-years-rbi-report/articleshow/81225715.cmsSynopsis “The current numerical framework for defining price stability, i.e., an inflation target of 4 percent with a +/-2 percent tolerance band, is appropriate
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