Clipped from: https://economictimes.indiatimes.com/markets/expert-view/dont-be-fooled-by-the-stock-market-real-economy-is-not-doing-very-well-rakesh-mohan/articleshow/80467985.cmsSECTIONSDon’t be fooled by the stock market, real economy is not doing very well: Rakesh MohanLast Updated: Jan 26, 2021, 07:46 PM ISTSynopsis There
Category: Economy
IMF revises India growth forecast, sees GDP shrinking at sharper 8% in FY21 | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/imf-revises-india-growth-forecast-sees-gdp-shrinking-at-sharper-8-in-fy21-121012600846_1.html Expects economy to grow 11.5% next year, which could slightly correct govt’s fiscal mathematics The International Monetary Fund (IMF) has pegged contraction in India’s economy
New localisation plans can derail Modi’s entire PLI scheme – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/new-localisation-plans-can-derail-modis-entire-pli-scheme/2178362/ The way the scheme was designed, to avail of the incentive, a firm has to increase its output in the 5th year by
Auto MSMEs cornered 91% of loans amid Covid; NPA share declined across borrower segments – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-auto-msmes-cornered-91-of-loans-amid-covid-npa-share-declined-across-borrower-segments/2178285/ Credit and Finance for MSMEs: Within the top clusters of Mumbai-Pune, Delhi-Gurugram-Faridabad, Chennai, Bengaluru, Jamshedpur-Kolkata, Ludhiana-Jalandhar, Sanand, and Pithampur, the credit availed by
Why states must follow in Maharashtra’s footsteps to revive India’s housing market–business today
Clipped from: https://www.businesstoday.in/opinion/columns/why-states-must-follow-in-maharashtras-footsteps-to-revive-indias-housing-market/story/428964.html A simple act like reducing stand duty could be a strong enabler for home buyers returning to the market and keeping the cash
Lightening Centre’s balance sheet can get economy back on track: PwC India’s Sanjeev Krishan–business today
Clipped from: https://www.businesstoday.in/opinion/interviews/lightening-centre-balance-sheet-can-get-economy-back-on-track-pwc-india-sanjeev-krishnan/story/428958.html “Lightening the balance sheet of the government means divestment and monetising their investments. That is the way to go. If you look at
False hierarchy of gender, caste practices has devalued domestic work. Pandemic has only sharpened this inequality—WRITES AMRITA DUTTA :–Indian express
Clipped from: https://indianexpress.com/article/opinion/columns/women-empowerment-domestic-work-7157882/ This fundamental inequality robs women of self-worth, but also stunts men into pre-fabricated social roles. It radiates out of the home into the
Rashesh Shah Interview: ‘Govt spending actually helps middle & lower class, so fiscal stimulus is more important’ | Business News,The Indian Express
Clipped from: https://indianexpress.com/article/business/economy/govt-spending-actually-helps-middle-lower-class-so-fiscal-stimulus-is-more-important-7160347/ Even though the government did not spend much money, it has bounced back very well. The Sensex has seen a sharp rally to
Joe Biden to sign executive orders to promote purchase of American products – The Hindu
Clipped from: https://www.thehindu.com/news/international/joe-biden-to-sign-executive-orders-to-promote-made-in-america-products/article33658288.ece?homepage=true Monday’s order asks agencies to update the existing ‘Buy American’ government procurement rules U.S. President Joe Biden will sign an order on Monday
Small businesses looking to sell online face a GST anomaly: FISME’s Animesh Saxena – The Economic Times Video | ET Now
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/small-businesses-looking-to-sell-online-face-a-gst-anomaly-fismes-animesh-saxena/videoshow/80328965.cmsET Online | 19 Jan 2021, 09:00 AM ISTPost a Comment Covid-hit MSMEs are all geared up to capitalise on the online selling mode,
The Foundation has helped 300 SMEs to leverage opportunities: Ajay Kela, CEO, Wadhwani Foundation – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/the-foundation-has-helped-300-smes-to-leverage-opportunities-ajay-kela-ceo-wadhwani-foundation/articleshow/80445453.cmsSynopsis Entrepreneurs with resilience, innovation and perseverance have recognized the opportunities COVID-19 offered and pivoted their business models accordingly. Wadhwani Foundation, a not-for-profit with
Inside NITI Aayog’s plan to build India’s Alibaba for MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/desi-alibaba-in-the-works/articleshow/80443001.cmsSynopsis NITI Aayog is working on various mechanisms to encourage small businesses in India to get on to online portals to expand their reach
Plastics, petrochemicals should be included in the PLI scheme: Arvind Goenka, Chairman, Plexconcil – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/policy-trends/plastics-petrochemicals-should-be-included-in-the-pli-scheme-arvind-goenka-chairman-plexconcil/articleshow/80442272.cmsSynopsis With more than 30,000 processing units, India’s plastic goods are exported to over 200 countries, but the sector is facing many structural issues
Total room inventory occupancy for hotels in India stood at 29% in 2020: STR – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/hotels-/-restaurants/total-room-inventory-occupancy-for-hotels-in-india-stood-at-29-in-2020-str/articleshow/80451528.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Hotel occupancy rates in Mumbai for 2020 stood at 39%, New Delhi at 36%, Chennai at 32% and Hyderabad at 29%. Hotels in
RBI exploring need for crypto currency as digital payments rise – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-exploring-need-for-crypto-currency-as-digital-payments-rise/articleshow/80452408.cmsSynopsis “Private digital currencies (PDCs) / virtual currencies (VCs) / crypto currencies (CCs) have gained popularity in recent years. In India, the regulators and
Manufacturing cos hiring locals to cut reliance on migrant labourers – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/manufacturing-cos-hiring-locals-to-cut-reliance-on-migrant-labourers/articleshow/80455093.cms SynopsisEconomists and top company officials said this could lead to a permanent shift in the labour workforce market as the pandemic made companies
No major economy has grown 10% without opening up of market; India should cut tariffs: Panagariya – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/no-major-economy-has-grown-10-without-opening-up-of-market-india-should-cut-tariffs-panagariya/articleshow/80454058.cmsSynopsis Panagariya, a professor of economics at Columbia University, said India should sign a free-trade agreement (FTA) with the European Union. New Delhi: No
Securitisation volume improves in Q3 on revival in economy: Crisil – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/securitisation-volume-in-q3-improves-on-revival-in-economy-crisil/article33633603.ece Banks, insurance companies, MFs and HNIs join in investing in new issuances The securitisation volume in the third quarter (Q3/October-December 2020) of FY21
Challenges ahead for oil and gas sector – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/challenges-ahead-for-oil-and-gas-sector/article33650496.ece While the industry in India is set for V-shaped recovery, it will have to move towards creating a cleaner fuels market In 2021,
Can we bank on the Budget? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/can-we-bank-on-the-budget-121012400848_1.html The onus of reigniting India’s growth engine is on the banking system. Will the Budget fuel it Addressing industry bodies in December, Finance
aniltikotekar4sme.com 