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
Category: Economy
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
Bears may continue to rule as investors wake up to a new risk – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/dalal-street-wakes-up-to-new-concern-may-see-more-pain/articleshow/81224218.cmsSynopsis According to analysts, bond market fears over inflation are a strong hint to the stock investors about rich market valuations, which the latter
stock market crash: Brace for volatility across asset classes: Lakshmi Iyer – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/brace-for-volatility-across-asset-classes-lakshmi-iyer/articleshow/81230133.cmsSECTIONSBrace for volatility across asset classes: Lakshmi IyerLast Updated: Feb 26, 2021, 06:30 PM ISTSynopsis The next couple of weeks are going to be
Many Indian techies get paid in crypto, say it’s faster and easier – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/technology/many-indian-techies-get-paid-in-crypto-say-its-faster-and-easier/articleshow/81228848.cmsSynopsis Accepting payments in cryptocurrency is a trend on the rise. Mumbai — International crypto companies are hiring engineers and back-end developers in India
What dragged the Sensex 1,939 pts lower today | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/bond-yields-us-air-strike-what-dragged-the-sensex-1-200-pts-lower-today-121022600285_1.html A rise in commodity prices has fanned inflation risks, pushing bond yields higher. That apart, the US launched airstrikes in Syria on Thursday,
Trust is in a ‘state’ of deficit today – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/trust-is-in-a-state-of-deficit-today/article33934312.ece?homepage=true If the true spirit of fiscal federalism is not restored, the Centre must realise that rapid economic growth cannot be achieved If there
Proposed ARC will not ‘jeopardise’ existing players: RBI Guv Shaktikanta Das – The Financial Express
Clipped from: https://www.financialexpress.com/economy/proposed-arc-will-not-jeopardise-existing-players-rbi-guv-shaktikanta-das/2201880/ The governor said RBI has also sharpened and deepened its supervisory methods and is now going to deep dive into areas of banking
New ARC aimed at specific set of bad assets with PSBs: Das – The Financial Express
Clipped from: https://www.financialexpress.com/economy/new-arc-aimed-at-specific-set-of-bad-assets-with-psbs-das/2201946/ “So we have a precise idea of the build-up of stressed assets in banks and as soon as we see a sign of
Work towards more localisation or we will think of increasing import duty: Nitin Gadkari to Auto Industry – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-news/work-towards-more-localisation-or-we-will-think-of-increasing-import-duty-nitin-gadkari-to-auto-industry/articleshow/81204754.cmsSynopsis “I am requesting to [Sic.] auto manufacturing companies to take it (localisation) very seriously. Otherwise, for import of components we will think on
One corner of the job market is booming, over 8 lakh positions open across 1,100 companies – The Economic Times
Clipped from: https://economictimes.indiatimes.com/jobs/one-corner-of-the-job-market-is-booming-8-lakh-positions-open-across-1100-companies/articleshow/81203759.cms Synopsis–Executive search firm ManpowerGroup India said there has been an almost 30% increase in demand from the retail and e-commerce sectors in the
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