Clipped from: https://www.businesstoday.in/sectors/banks/cea-bats-for-private-sector-led-bad-bank-to-counter-npas/story/429693.html The Economic Survey 2017 had proposed this idea, suggesting the creation of a bad bank called Public Sector Asset Rehabilitation Agency (PARA) to
Category: Economy
Banks might be staring at a spike in retail NPAs – -COVID IMPACT: The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/covid-impact-banks-might-be-staring-at-a-spike-in-retail-npas/articleshow/80615103.cms SynopsisRBL Bank’s gross NPAs fell to 1.84% compared to 3.33% a year ago, but including loans that were not classified as NPAs due
Power distribution could land Rs 3-lakh crore reforms scheme today – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/energy/power/power-distribution-could-land-rs-3-lakh-crore-reforms-scheme-today/articleshow/80618247.cmsSynopsis The loss reduction targets would be set state-wise and money will be disbursed gradually when they are achieved. While the prepaid smart
Making structural changes can give fillip to the MSMEs in the upcoming budget – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/making-structural-changes-can-give-fillip-to-the-msmes-in-the-upcoming-budget/articleshow/80598173.cmsSynopsis It is critical for the government to take some bold moves that helps in revival of the sector and boosts investor confidence. Covid-19 impacted
A case for better tax-policies for MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/a-case-for-better-tax-policies-for-msmes/articleshow/80609973.cmsSynopsis Tax reforms and schemes that ought to encourage trading and ease of business – including on e-commerce platforms – have seemingly complicated the
Manufacturing under Customs Bonded Warehouse – Opening up new possibilities – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/manufacturing-under-customs-bonded-warehouse-opening-up-new-possibilities/articleshow/80609584.cmsSynopsis The manufacturing industry expects that the government, through the Budget, would bring in incentives or new schemes to infuse fresh life and to
Spend and Grow, Borrow to Spend–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/spend-and-grow-borrow-to-spend/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. Amidst unprecedented economic contraction, the Union budget needs
Revamping Monetary Policy Target–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/revamping-monetary-policy-target/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. This newspaper does not believe that, in an
Government proposal of Rs 7,000 cr PLI for IT hardware insignificant; at least Rs 20,000 cr needed: MAIT – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/electronics/government-proposal-of-rs-7000-cr-pli-for-it-hardware-insignificant-at-least-rs-20000-cr-needed-mait/articleshow/80612437.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The Manufacturers’ Association of Information Technology (MAIT), whose members include Apple, Dell, HP and Lenovo, wants the government to address various disabilities that
Power demand touches all-time high of 189.64 GW on Saturday – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/energy/power/power-demand-touches-all-time-high-of-189-64-gw-on-saturday/articleshow/80613467.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis “Power demand galloping. All India demand: 1,89,644 MW (189.64 GW) at 10.39 hrs today (January 30) crossed the previous highest all India demand
Govt may spend big to push growth – *BUDGET 2021–The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/budget-2021-govt-may-spend-big-to-push-growth/articleshow/80621053.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis It has been billed as a Budget like never before, triggering expectations that the government will open the purse strings to nurse the
GST collections for Jan 2021 touch all-time high of Rs 1.2 lakh crore – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/gst-collections-for-jan-2021-touch-all-time-high-of-rs-1-2-lakh-crore/articleshow/80616224.cmsSynopsis “The GST revenues during January 2021 are the highest since the introduction of GST and have almost touched the ₹ 1.2 lakh crore
Niramala Sitharaman Budget Plan: Five key numbers to watch out for in Niramala Sitharaman’s Budget spending plan – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/five-key-numbers-to-watch-out-for-in-niramala-sitharamans-budget-spending-plan/articleshow/80620945.cmsSynopsis While the success of the budget depends on how effectively India is able to contain rising infections through vaccine drives in the nation
It’s important to get real about what Budget can — and cannot — do – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-its-important-to-get-real-about-what-budget-can-and-cannot-do/articleshow/80617290.cmsSynopsis For starters, remember the budget is really a statement of GoI’s receipts and expenditure for the current year, and an estimate of receipts
It’s happy new year for carmakers, auto cos start 2021 with record dispatches in January – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/cars-uvs/its-happy-new-year-for-carmakers-auto-cos-start-2021-with-record-dispatches-in-january/articleshow/80619567.cmsSynopsis This was the sixth month in a row when passenger vehicle wholesale volume grew in double digits, following on one of the most
With challenges on two fronts, all eyes on Defence Budget – -BUDGET 2021: The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/defence/with-challenges-on-two-fronts-all-eyes-on-defence-budget/articleshow/80617731.cmsSynopsis In 2020, the defence ministry was allocated Rs 4.71 lakh crore but a significant part of this (Rs 1.3 lakh crore) went to
‘The idea of bad bank has merit’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/the-idea-of-bad-bank-has-merit/article33705220.ece?homepage=true Will be more efficient if it is in private sector: Krishnamurthy Subramanian Chief Economic Advisor Krishnamurthy Subramanian said the idea of ‘bad bank’
Economic Survey 2020-21 endorses continuation of expansionary fiscal stance | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/economic-survey-2020-21-endorses-continuation-of-expansionary-fiscal-stance-121012901147_1.html The Survey is also bullish about medium-term growth prospects, largely due to the expenditure support and various reforms. The pre-Budget Economic Survey for
Personal I-T revenue now equals all other direct taxes: That’s a problem | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/personal-i-t-revenue-now-equals-all-other-direct-taxes-that-s-a-problem-121013001192_1.html Until the 1950s taxes on output contributed more to government revenue than those on incomes of people and businesses. But since then the
The tax reliefs that can make this a Budget India hasn’t seen in a hundred years –INDIA BUDGET: — The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/the-tax-reliefs-that-can-make-this-a-budget-india-hasnt-seen-in-a-hundred-years/articleshow/80597377.cmsSynopsis The end of pandemic in sight, all eyes are now on the upcoming Budget in the hope of some much-wanted reliefs and incentives.
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