Clipped from: https://economictimes.indiatimes.com/news/economy/policy/fdi-cap-hike-to-raise-insurance-penetration-help-attract-overseas-funds-experts/articleshow/80732874.cmsSynopsis The proposed increase in FDI would also likely result in increased value for customers by way of more product options at reduced costs,
Category: Economy
Government targets 1,000 routes under UDAN scheme: Puri – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/government-targets-1000-routes-under-udan-scheme-puri/articleshow/80735472.cmsSynopsis Addressing a press conference at the BJP’s state office Kushabhau Thakre Parisar here over the Union Budget 2021-22, Puri also said that domestic
Brexit and Covid slash UK exports to EU, according to report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/business/brexit-and-covid-slash-uk-exports-to-eu-according-to-report/articleshow/80735342.cmsSynopsis The stark drop in goods carried on ferries and through the Channel tunnel was registered by lobby group the Road Haulage Association (RHA)
Benefits on buying new vehicles on scrapping of old; taxes, other levies for polluting cars: Nitin Gadkari – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/benefits-on-buying-new-vehicles-on-scrapping-of-old-taxes-other-levies-for-polluting-cars-nitin-gadkari/articleshow/80731318.cmsSynopsis The voluntary vehicle scrapping policy announced in the Union Budget for 2021-22 is touted as a major step to boost the Indian automobile
Disinvestment aimed at growth, not to plug fiscal deficit: DIPAM Secretary – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/disinvestment-aimed-at-growth-not-to-plug-fiscal-deficit-dipam-secretary/articleshow/80736283.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis As the Budget 2021 comes up with major thrust on privatisation of public sector enterprises, Disinvestment Secretary, Tuhin Kanta Pandey has said that
bank privatisation: Govt to work with RBI for execution of bank privatisation plan: Sitharaman – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/govt-to-work-with-rbi-for-execution-of-bank-privatisation-plan-sitharaman/articleshow/80734931.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Speaking to reporters in the financial capital, Sitharaman also said that the government has no plan to form any bank investment company to
FM rejects Opposition charge of ‘selling family silver’; says government wants some PSUs to do well – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/fm-rejects-opposition-charge-of-selling-family-silver-says-government-wants-some-psus-to-do-well/articleshow/80733874.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The finance minister added, “Family silver should be strengthened, it should be our takat (strength)… Because you’ve spread it so thinly, there are
‘India lost more than a year’s worth of growth; can’t afford to go on a debt binge’ – The Financial Express
Clipped from: https://www.financialexpress.com/budget/india-lost-more-than-a-years-worth-of-growth-cant-afford-to-go-on-a-debt-binge/2187664/ Union Budget 2021 India: The economic contraction — the first in India since the 1970s — has put pressure on its government like
Hits and misses for real estate – BUDGET 2021: The Financial Express
Clipped from: https://www.financialexpress.com/money/budget-2021-hits-and-misses-for-real-estate/2187721/ Two major incentives given to the real estate sector are tax benefits for affordable housing and for private investment formats such as REITs
Fewer board meetings, exemption from preparing cash flow statement, more for small companies come April 1 – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-fewer-board-meetings-exemption-from-audtor-rotation-preparing-cash-flow-statement-more-for-small-companies-come-april-1/2187304/ Ease of Doing Business for MSMEs: Commerce Minister Nirmala Sitharaman in her budget speech on Monday had proposed to revise the definition of
Two-wheeler makers plan to resume capital expenditure plans in FY22 | Business Standard News
Clipped from: https://www.business-standard.com/article/automobile/two-wheeler-makers-plan-to-resume-capital-expenditure-plans-in-fy22-121020600074_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 This will come as a boost for the government, seeking private sector capex Two-wheeler makers are planning to resume their capital expenditure plans in FY22 as
Inflation, Budget and its implications: RBI’s two guiding forces on rates | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/inflation-budget-and-its-implications-rbi-s-two-guiding-forces-on-rates-121020500358_1.html The other signals expected from the policy related to the rollback of measures announced during the pandemic The guiding forces for Friday’s monetary
Fast-food chains get future-ready as curbs are fully lifted, biz recovers | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/fast-food-chains-get-future-ready-as-curbs-are-fully-lifted-biz-recovers-121020501696_1.html Robust store rollouts in the works; focus on dine-in and delivery Food service players such as Jubilant FoodWorks and Westlife Development are putting
Don’t shy away from running a larger fiscal deficit – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/view-dont-shy-away-from-running-a-larger-fiscal-deficit/articleshow/80739338.cmsSynopsis A target figure for a country’s fiscal deficit cannot be arrived at in a vacuum. A nation’s economic growth rate, current level of
NITI Aayog study to track economic impact of green judgements – The Hindu
Clipped from: https://www.thehindu.com/news/national/niti-aayog-study-to-track-economic-impact-of-green-judgements/article33770515.ece?homepage=true Think tank for ‘economically responsible approach by judiciary’ The NITI Aayog — the government’s apex thinktank — has commissioned a study that seeks
Scrapping policy: Govt plans centres to test vehicle fitness – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/scrapping-policy-govt-plans-centres-to-test-vehicle-fitness/article33762226.ece For the voluntary scrapping policy for vehicles that is being introduced, the government will be setting up centres on a public private partnership
Factoring Bill: ‘Integrate TReDS with GSTN e-invoicing portal’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/integrate-treds-with-gstn-e-invoicing-portal/article33752214.ece Standing Committee on Finance bats for data sharing The Standing Committee on Finance headed by Jayant Sinha has recommended the integration of Trade
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)
Private sector has a key role in growth recovery: FM – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/private-sector-has-a-key-role-in-growth-recovery-fm/article33769105.ece Finance Minister Nirmala Sitharaman has called for bigger investments from the private sector. The Minister elaborated that though the government will provide some
A calculating head but no heart –ACROSS THE AISLE: The Financial Express
Clipped from: https://www.financialexpress.com/opinion/across-the-aisle-a-calculating-head-but-no-heart/2189552/ The most deserving were left to their fate. Since I had no expectations, I have no disappointment, but millions of others feel cheated,