Clipped from: https://economictimes.indiatimes.com/news/economy/policy/only-a-few-pli-sectors-might-succeed-most-of-them-risk-failure-swaminathan-aiyar-explains-why/articleshow/80905360.cmsSynopsis Why should the government pick winners instead of letting market competition decide that? In the 1990s, nobody thought that software, autos, and pharma
Category: Economy
India needs new fiscal rules targeting interest-revenue ratio – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-india-needs-new-fiscal-rules-targeting-the-interest-revenue-ratio/articleshow/81176723.cms SynopsisA target for reducing the interest-to-receipts ratio to 33% is easier for the public to grasp — interest on old debts should not
Positive cues from China to keep steel prices, demand and supply in balance | Business Standard News
Clipped from: https://www.business-standard.com/article/international/positive-cues-from-china-to-keep-steel-prices-demand-and-supply-in-balance-121022200414_1.html China’s opening post-holidays was keenly awaited, especially in the wake of the sluggishness in the market in January With the pollution curbs, China
Export a new opportunity for construction equipment industry – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/export-a-new-opportunity-for-construction-equipment-industry/articleshow/81202159.cmsSynopsis The Indian CE market has been hobbled by the fact that the bigger machines are imported from China, Korea and Japan. (This story
Dip in gold jewellery exports hits small-scale units – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/dip-in-gold-jewellery-exports-hits-small-scale-units/articleshow/81202270.cmsSynopsis Estimates suggest that Gujarat also accounts for upto 10% of jewellery exports in India. Ahmedabad is home to at least 30-40 wholesale jewellery
The need for business continuity planning caps a disastrous year for MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/the-need-for-business-continuity-planning-caps-a-disastrous-year-for-msmes/articleshow/81202797.cms The year 2020 was difficult for everyone, but it was particularly tough for SMEs. Months of lockdown, paucity of funds, and a fall in demand
MSME sector emerged as growth engine of economy: RBI Governor Shaktikanta Das – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/msme-sector-emerged-as-growth-engine-of-economy-rbi-governor-shaktikanta-das/articleshow/81208004.cms Outlining the emerging post Covid opportunities in India, Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday said that the MSME sector in India has emerged as the
Stainless steel MSMEs will be on the verge of bankruptcy due to excessive import dumping from China, Indonesia: ISSDA – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/stainless-steel-msmes-will-be-on-the-verge-of-bankruptcy-due-to-excessive-import-dumping-from-china-indonesia-issda/articleshow/81212911.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The government reversed six trade remedies out of which three relate to stainless steel, which is just 3% of the overall steel industry
Q3 GDP numbers today: Will the economy spring a surprise? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/q3-gdp-numbers-today-will-the-economy-spring-a-surprise/articleshow/81215292.cmsSynopsis The numbers come amid rising hope that the economy may have slowly turned the corner after having shrunk sharply during the past two
Too much cess – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/too-much-cess/article33925957.ece?homepage=true Reliance on cess and surcharge in tax revenues should be reduced The rising component of cess and surcharges — a part of gross
PM Modi’s acknowledgement of role of private sector, in Parliament, is welcome–SANJEEV BIKCHANDANI WRITES: INDIAN EXPRESS
Clipped from: https://indianexpress.com/article/opinion/columns/prime-ministers-acknowledgement-of-role-of-private-sector-in-parliament-is-welcome-7201743/ Post the open support from the Prime Minister, it is also up to the private sector to respond — grow your business, pursue
Cabinet to approve PLI scheme for electronics, medical devices–BUSINESS TODAY
Clipped from: https://www.businesstoday.in/current/economy-politics/cabinet-likely-to-approve-pli-scheme-for-laptops-tablets-medical-devices-today/story/432180.html PLI scheme for electronic gadgets could entail an investment of over Rs 7,000 crore. Companies setting up manufacturing units in India are likely
Farm laws will make agri sector flexible to deal with future uncertainty: Sanjeev Sanyal – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/agriculture/farm-laws-will-make-agri-sector-flexible-to-deal-with-future-uncertainty-sanjeev-sanyal/articleshow/81190936.cmsSynopsis In an uncertain future, “you need the farm sector to be flexible and that requires markets to be able to work to be
PLI scheme: Govt clears PLI scheme to boost manufacturing of laptops, tablets, PCs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/cabinet-approves-pli-scheme-for-electronics-medical-devices/articleshow/81189374.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The development comes just a week after the Cabinet approved the PLI scheme for telecom equipment. The Cabinet has approved an incentive scheme
Are cryptocurrencies the future of money or just fringe players?–business today
Clipped from: https://www.businesstoday.in/opinion/columns/are-cryptocurrencies-the-future-of-money-or-just-fringe-players/story/431853.html The government should take notice and hold discussions with the crypto industry of India before moving ahead with regulations for this sector Before
Rising petrol, diesel prices are inflationary, hurt consumers–indian express
Clipped from: https://indianexpress.com/article/opinion/editorials/petrol-global-crude-oil-prices-fuel-tax-7201756/ Rising fuel prices are inflationary, hurt consumers. Government must focus on improving direct tax and GST compliance. While numbers vary across states, a
Centre alerts banks on ‘slowdown’ in loans to street vendors | India News,The Indian Express
Clipped from: https://indianexpress.com/article/india/centre-alerts-banks-on-slowdown-in-loans-to-street-vendors-7201935/ In a letter to public sector banks, the Ministry of Housing and Urban Affairs has noted that “sanctions and disbursements” of loans for
How far can the fiscal deficit be stretched? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/how-far-can-the-fiscal-deficit-be-stretched/article33915755.ece?homepage=true There may not be leeway to specify a combination of fiscal deficit and debt that is very different from the current FRBM norms
RBI concerned over impact cryptocurrency may have on financial stability: Shaktikanta Das – The Hindu
Clipped from: https://www.thehindu.com/business/Economy/rbi-concerned-over-impact-cryptocurrency-may-have-on-financial-stability-shaktikanta-das/article33923728.ece “We have certain major concerns about cryptocurrencies. We have communicated them to the government,” said RBI Governor Shaktikanta Das The Reserve Bank of
Economists bat for fuel tax cut to rein in inflation – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/economists-bat-for-fuel-tax-cut-to-rein-in-inflation/articleshow/81190930.cmsSynopsis Inflation has fallen under 6%, the upper tolerance limit. But the RBI’s RBI’s Monetary Policy Committee(MPC) minutes also flags members’ concerns and warning
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