Clipped from: https://www.businesstoday.in/sectors/jobs/india-unemployment-rate-drops-65-in-january-employment-rate-surges-379-cmie/story/431334.html The unemployment rate declined to 6.5 per cent in January 2021 from 9.1 per cent in December 2020, while the employment rate surged
Category: Economy
Too many questions on bad bank and infra DFI | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/too-many-questions-on-bad-bank-and-infra-dfi-121021400862_1.html Why do we need a bad bank, owned by the banks themselves, when there are at least 28 ARCs around? The headache over
Govt may consider effect on industries before imposing duties | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/govt-may-consider-effect-on-industries-before-imposing-duties-121021400933_1.html In her Budget speech, the finance minister said, “MSMEs and other user industries have been severely hit by a recent sharp rise in
Unlocking public assets | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/unlocking-public-assets-121021400886_1.html Govt’s plan to monetise assets has rewards and risks Ensuring a sufficient flow of funds to the infrastructure sector has been a problem
PM Modi’s 59-minute MSME loan approval: 2.23 lakh applications sanctioned by PSBs; 93% disbursed so far – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-pm-modis-59-minute-msme-loan-approval-2-23-lakh-applications-sanctioned-by-psbs-93-disbursed-so-far/2195158/ Credit and Finance for MSMEs: MSMEs are required to share GST identification number, IT returns, six-month bank statements, and owner’s details to apply
Top NBFCs seek a glide path for switch to banking avatar – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/top-nbfcs-seek-a-glide-path-for-switch-to-banking-avatar/articleshow/80916439.cms Synopsis–Non-bank have also argued that NBFCs in the upper level be given greater flexibility on issues like deposit acceptance, raising of funds through
India shifts oil imports from Middle East to Africa, North America due to OPEC cuts – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/energy/oil-gas/india-shifts-oil-imports-from-middle-east-to-africa-north-america-due-to-opec-cuts/articleshow/80923760.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Middle East oil tends to yield more diesel, while crude from the North Sea, West Africa and US shale fields usually produce more
China overtakes US as EU’s biggest trading partner – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/business/china-overtakes-us-as-eus-biggest-trading-partner/articleshow/80926110.cmsSynopsis Britain meanwhile, which is no longer part of the European Union, was the third-largest trading partner for the bloc, behind China and the
Inside Track: Do you know who shaped Modi’s vision for AtmaNirbhar Bharat campaign? – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/inside-track-do-you-know-who-shaped-modis-vision-for-atmanirbhar-bharat-campaign/2194254/ Chief Economic Advisor Krishnamurthy Subramanian has a Phd in economics from Chicago University, with Raghuram Rajan as his doctorate supervisor. Prime Minister Modi
Experts unsure if new AAR for direct taxes will resolve disputes faster | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/experts-unsure-if-new-aar-for-direct-taxes-will-resolve-disputes-faster-121021400914_1.html Experts also believe that at least pendency of cases would come down, though only time will tell about quality of orders Illustration: Ajay
Expectations of GDP growth in Q3, Q4 becoming strong: PHDCCI – The Financial Express
Clipped from: https://www.financialexpress.com/economy/expectations-of-gdp-growth-in-q3-q4-becoming-strong-phdcci/2194152/ It said out of the 10 indicators of QET (Quick Economic Trends) of economic and business activity tracked by PHDCCI, nine have performed
E-comm players work on strategies to woo the next 200 million – The Financial Express
Clipped from: https://www.financialexpress.com/industry/e-comm-players-work-on-strategies-to-woo-the-next-200-million/2194721/ “Beyond a point it’s hard to manage cash on delivery transactions so it’s important to make users comfortable with paying online,” Razdan says.
Farm lessons from China and Israel – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/farm-lessons-from-china-and-israel/2194780/ Experts from Israel, a global leader on water management, say that till India breaks away from free power for agriculture, there is no
An unapologetic Union Budget – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/an-unapologetic-union-budget/2194848/ Union Budget 2021 India: Stars, it appears, have started to align as far as the Indian economy is concerned. The only negative of
Triggering growth: Are free trade agreements the answer? – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/triggering-growth-are-free-trade-agreements-the-answer/2194845/ We need to restart our FTA journey urgently and scale it up rapidly with the past experience serving both as a lesson and
Empowering Half of the Workforce–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-commentary/empowering-half-of-the-workforce/Economic Times Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. By David J Ranz The World Economic Forum (WEF)
Labour Ministry finalises job rules under 4 codes, reform to be a reality soon – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/labour-ministry-finalises-job-rules-under-4-codes-reform-to-be-a-reality-soon/articleshow/80906084.cmsSynopsis Parliament had passed four codes on four broad codes on wages, industrial relations, social security and occupational safety health & working conditions (OSH)
How trustworthy are the bad loan numbers of banks? | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/how-trustworthy-are-the-bad-loan-numbers-of-banks-950994.html Outside the Eco-Chamber Vivek Kaul In its Financial Stability Report (FSR) of January, the Reserve Bank of India (RBI) had said that by
The ‘thorns’ that still afflict India’s economy | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/panorama/the-thorns-that-still-afflict-india-s-economy-950214.htmlFinance Minister Nirmala Sitharaman. Credit: PTI Photo In his Budget speech of 2015-16, the late Arun Jaitley took a dig at the previous UPA
Post-budget cheer: Overseas investors pump in over Rs 22,000 crore in February so far–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/post-budget-cheer-overseas-investors-pump-in-over-rs-22000-crore-in-february-so-far/story/431243.html Overseas investors poured Rs 20,593 crore into equities and Rs 1,445 crore in the debt segment, taking the total net investment to Rs
