There is encouraging news for the government on the tax front with an increase in revenues from the Goods and Services Tax (GST) and other
Category: Economy
workforce: Post-Covid, here is why policymakers need to take a hard look at the future of work(ers) – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/post-covid-here-is-why-policymakers-need-to-take-a-hard-look-at-the-future-of-workers/articleshow/80146462.cms SynopsisThe pandemic has left an indelible mark on the future of work and workers. It is time we grapple with the impact of
MSME: New-age lenders can be the solution to the credit chasm for MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/new-age-lenders-can-be-the-solution-to-the-credit-chasm-for-msmes/articleshow/80148203.cmsSynopsis The conventional distribution model of traditional lenders has always been tilted towards the urban areas and focuses on larger ticket sizes. The solution
American Business Backs Democracy–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/american-business-backs-democracy/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The Georgia senate races on January 5, critical
Bad bank is a good idea, but India’s debt-laden banks need a better plan – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/view-bad-bank-is-a-good-idea-but-indias-debt-laden-banks-need-a-better-plan/articleshow/80158557.cmsSynopsis How does one make bad loans seamlessly move from banks to investors who love dealing in junk? How does one make such deals
China’s New Year resolutions | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/china-s-new-year-resolutions-121010501358_1.html As China outlines its priorities, India finds itself on the margins of the Asian economic space The annual Central Economic Work Conference (CEWC)
Exports: A post-Covid opportunity | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/exports-a-post-covid-opportunity-121010700058_1.html In order to obtain 7 per cent growth, among other things, India has to tackle the stagnation in exports and the next Budget
GST collections: Is Rs 1.15 lakh crore a reason to celebrate? – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/gst-collections-is-rs-1-15-lakh-crore-a-reason-to-celebrate/2165047/ The stimulus partly ensured GST monthly targets got overachieved in the last three months, but should we be doing better? By Madan Sabnavis
Vietnam – the third biggest exporter of rice – buys from India for the first time in decades – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/vietnam-the-third-biggest-exporter-of-rice-buys-from-india-for-the-first-time-in-decades/articleshow/80107844.cmsSynopsis The purchases highlight tightening supplies in Asia, which could lift rice prices in 2021 and even force traditional buyers of rice from Thailand
Stock Market: Be cautious on financial companies going into Q4 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/be-cautious-on-financial-companies-going-into-q4/articleshow/80136904.cmsSECTIONSBe cautious on financial companies going into Q4Last Updated: Jan 06, 2021, 07:29 PM ISTSynopsis Among financials, we will restrict ourselves to gold financiers
Cabinet approves MoC to facilitate movement of skilled workers from India to Japan – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/cabinet-approves-moc-to-facilitate-movement-of-skilled-workers-from-india-to-japan/articleshow/80131140.cmsSynopsis These Indian workers would be granted a new status of residence of “specified skilled worker” by the government of Japan. “The idea is
3 sectors that will drive momentum in next 2-3 years – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/3-sectors-that-will-drive-momentum-in-next-2-3-years/articleshow/80136017.cmsSECTIONS3 sectors that will drive momentum in next 2-3 yearsLast Updated: Jan 06, 2021, 06:27 PM ISTSynopsis We are quite optimistic that the earnings
Protesting farmers’ unions must understand the sentiments behind farm reforms, says Tomar – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/politics-and-nation/protesting-farmers-unions-must-understand-the-sentiments-behind-farm-reforms-says-tomar/articleshow/80136177.cmsSynopsis He further said, “A large number of farmers from across the country are coming out in support of the laws. We are meeting
Budget 2021 Expectations for MSMEs: MSMEs seek lower GST on professional services to benefit from each other | The Financial Express
Clipped from: https://www.financialexpress.com/budget/budget-2021-expectations-msmes-seek-lower-gst-on-professional-services-to-benefit-from-each-other/2165739/ Union Budget 2021 Expectations for MSMEs: The Central Board of Indirect Taxes and Customs had recently notified that enterprises with over Rs 50
RBI | inflation: Reserve Bank of India to be on a long-pause in rates on sticky non-food inflation: Report
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/reserve-bank-of-india-to-be-on-a-long-pause-in-rates-on-sticky-non-food-inflation-report/articleshow/80134368.cmsSynopsis It can be noted that the high inflation driven by the food prices has forced the RBI to go for a status quo
MSME lender Lendingkart’s losses up 65% in FY20; revenue jumps 20% | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-small-business-lender-lendingkarts-losses-widen-65-in-fy20-even-as-revenue-jumps-20/2164882/ Credit and Finance for MSMEs: Backed by Fullerton Financial Holding, Bertelsmann, Mayfield India, Saama Capital, Sistema Asia, India Quotient, and others, Lendingkart enables
Rupee falls to 73.18 on wider trade deficit worries – The Financial Express
Clipped from: https://www.financialexpress.com/economy/rupee-falls-on-wider-trade-deficit-worries/2165091/ The rupee fell to 73.18 on Tuesday, losing 0.2% to the dollar, the most in seven weeks amid concerns India’s trade deficit would
Panel to fix rates for exporters’ duty refund scheme to submit report in few weeks: Finance Secretary – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/panel-to-fix-rates-for-exporters-duty-refund-scheme-to-submit-report-in-few-weeks-finance-secretary-ajay-bhushan-pandey/articleshow/80113181.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis RoDTEP , duty refund, The scheme would refund to exporters the embedded central, state and local duties and taxes that were so far
Hotel occupancy levels improved to 35% in November 2020 on back of domestic travel: JLL – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/hotels-/-restaurants/hotel-occupancy-levels-improved-to-35-in-november-2020-on-back-of-domestic-travel-jll/articleshow/80111556.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Goa witnessed considerable growth in recent months achieving a market-wide occupancy level of almost 55% in November 2020. Bengaluru: With the emergence of
export: Exporters in a post-Covid world need finance and favourable trade winds – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/exporters-in-a-post-covid-world-need-finance-and-favourable-trade-winds/articleshow/80091475.cmsSynopsis From working capital to trade finance, an MSME exporter finds access to credit extremely difficult. The Reserve Bank of India’s data shows that
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