Clipped from: https://economictimes.indiatimes.com/news/economy/policy/fiscal-policy-must-be-counter-cyclical/articleshow/80774266.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis It’s quite likely that fiscal deficit will be lower than what’s mentioned. When you under-promise and over-deliver, it generates enormous credibility, says Krishnamurthy
Category: Economy
What recovery? Clothes retailers cut orders while factories fight to survive – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/what-recovery-clothes-retailers-cut-orders-while-factories-fight-to-survive/articleshow/80759349.cmsSynopsis The pain is flowing to major garment manufacturing centres like Bangladesh, whose economies rely on textile exports. Factories are struggling to stay open.
Privatisation: Selling a house bank – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/privatisation-selling-a-house-bank/2190707/ The issue of sale price has been largely ignored in post-Budget market euphoria By Ashish Kapur & Vineet AgarwalDuring the pandemic-induced lockdown when
Health & Wellbeing: Going beyond wealth and healthcare – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/health-wellbeing-going-beyond-wealth-and-healthcare/2190721/ Focusing on prevention is fine, but given India’s massive burden of premature deaths and disability, mere 10.2% increase in MoHFW’s budget vis-à-vis 2020-21
Can’t delay farm reforms anymore, says PM Narendra Modi – The Financial Express
Clipped from: https://www.financialexpress.com/india-news/cant-delay-farm-reforms-anymore-says-pm-narendra-modi/2190726/ Urging the farmer unions to end their two-and-a-half-month-long agitation, the PM said “we will find a solution together…all the doors are open for
Could Brexit heal the world? – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/could-brexit-heal-the-world/2190738/ With Brexit taking one of the most difficult hurdles out of the picture, the grand scheme of a “United States of Europe” will
Agri grants: Finance Commission sows seeds of change – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/agri-grants-finance-commission-sows-seeds-of-change/2190732/ The recommendation of the 15th finance commission are in the right direction; `45,000 crore in grants is not small, but states might need
‘King’ and ‘Common Good’ | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/comment/king-and-common-good-948098.html Governance Fundamentals Finance Minister Nirmala Sitharaman, while presenting the Budget on February 1, quoted Thiruvalluvar — “A king or ruler is one who
A great disappointment to Indian masses | BUDGET 2021: Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/main-article/budget-2021-a-great-disappointment-to-indian-masses-947234.html Incidentally, the election orientation of the Budget is something that is not hidden from the eyes of the public A majority of Indians
A growth-oriented fiscal stimulus | Deccan Herald
The government cannot spend even a rupee without the consent of Parliament. Hence, its annual spending plan, called the Union Budget, is tabled in the
budget–It embarks on three paradigm shifts. Execution and fiscal-monetary coordination will be key–SAJJID Z CHINOY WRITES: indian express
Clipped from: https://indianexpress.com/article/opinion/columns/budget-2021-economy-nirmala-sitharaman-7179042/ Budget’s success, and in turn the sustainability of India’s recovery, will now come down squarely to policy execution and coordination. As the dust
Meenakshi Ahamed’s book shows why Indo-US ties have progressed despite personal inclinations of those in office–VIKRAM S MEHTA WRITES:–indian express
Clipped from: https://indianexpress.com/article/opinion/columns/joe-biden-india-us-relationsforeign-policy-modi-govt-7179011/ The pace of the further development of relations will depend crucially on the quality, knowledge and influence of the people that President Biden
Under President Biden, US foreign policy offers change — and also continuity on key issues. Delhi must seize the possibilities–indian express
Clipped from: https://indianexpress.com/article/opinion/editorials/us-president-joe-biden-donald-trump-paris-accord-us-foreign-policy/ Under President Biden, US foreign policy offers change — and also continuity on key issues. Delhi must seize the possibilities Remarks by US
Securitisation of retail assets by NBFCs, HFCs jump 61% in Q3 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/securitisation-of-retail-assets-by-nbfcs-hfcs-jump-61-in-q3/article33781855.ece?homepage=true Securitisation of retail assets by non-banking finance companies (NBFCs) and housing finance companies (HFCs) saw a healthy 61 per cent quarter-on-quarter (QoQ) jump
‘With pick up in credit growth, banks’ demand for G-Secs to be hit’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/with-pick-up-in-credit-growth-banks-demand-for-g-secs-to-be-hit/article33782966.ece?homepage=true The demand for Government Securities (G-Secs) by banks could be affected with the economic recovery gaining momentum as there will be a pick
India’s private sector can help address nutritional gaps during Covid and beyond – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/indias-private-sector-can-help-address-nutritional-gaps-during-covid-and-beyond/article33781862.ece?homepage=true The nation’s nutritional shortfalls cannot be addressed solely by the government; public-private partnerships are pivotal for combating nutrition and food security challenges The
Markets on a roll – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/the-upswing-in-the-markets-last-week-is-as-much-due-to-budget-tweaks-as-upbeat-sentiment-in-global-markets/article33775514.ece?homepage=true The upswing last week is as much due to Budget tweaks as upbeat sentiment in global markets The stock market has been exuberant
Limits to an accommodative monetary policy – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/limits-to-an-accommodative-monetary-policy/article33775507.ece?homepage=true The Centre’s large borrowing programme budgeted for 2021-22 can lead to higher interest rates than in the present year The resolution of the
Pharma sector to grow to $130 b by 2030: Gowda – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/pharma-sector-to-grow-to-130-b-by-2030-gowda/article33782758.ece?homepage=true It is among the 10 top attractive sectors for FDI in the country The pharma industry is expected to grow to $130 billion
‘In Q4, we are looking at growing the business, but methodically’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/in-q4-we-are-looking-at-growing-the-business-but-methodically/article33781759.ece?homepage=true ‘Credit demand has started returning as people get back to their livelihoods. Disbursement is even stronger in January. Demand is coming from across