Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/unemployment-rate-in-urban-areas-for-jan-mar-2020-rose-to-9-1/articleshow/80049452.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis However, the sample size was lower in the survey compared to the previous four quarters and consisted of 1.73 lakh people and 43,971
Category: Economy
Don’t leave everything to the RBI is Duvvuri Subbarao’s Budget tip to Nirmala Sitharaman – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/dont-leave-everything-to-the-rbi-is-duvvuri-subbaraos-budget-tip-to-nirmala-sitharaman/articleshow/80024846.cms?utm_source=ETTopNews&utm_medium=HP&utm_campaign=TN&utm_content=23Synopsis In an interview with ET Now, former RBI governor Duvvuri Subbarao, emphasised on the need for the government to loosen its purse strings
India’s April-November fiscal deficit tops 135% of full-year target – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/indias-april-november-fiscal-deficit-tops-135-of-full-year-target/articleshow/80045933.cmsSynopsis Net tax receipts were 6.88 trillion rupees, while total expenditure came to 19.06 trillion rupees, the data showed. The Union government’s fiscal deficit soared to
Financial inclusion: View: How the concept of ‘financial inclusion’ must be revisited with an emphasis on the poor – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-how-the-concept-of-financial-inclusion-must-be-revisited-with-an-emphasis-on-the-poor/articleshow/79648763.cms SynopsisA key decision variable when you decide whether or not to accept the EMI plan is the effective interest rate charged. Car loans
India’s exports may reach $290 bn by fiscal-end: FIEO – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/indias-exports-may-reach-290-bn-by-fiscal-end-fieo/articleshow/80025553.cms?utm_source=ETTopNews&utm_medium=HP&utm_campaign=TN&utm_content=23Synopsis “We are confident that a V- shaped recovery will be witnessed in world trade and we will recover much more from what we
From pushing electric mobility to boosting textile sector, Niti Aayog charts 2021 reforms map – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/from-pushing-electric-mobility-to-boosting-textile-sector-niti-aayog-charts-2021-reforms-map/articleshow/80025000.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis As the think tank continues to work with various stakeholders to boost the country’s economy, its Vice Chairman and economist Rajiv Kumar said
Banks need Rs one lakh crore for NPAs, growth, says Reserve Bank of India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-need-rs-one-lakh-crore-for-npas-growth-says-reserve-bank-of-india/articleshow/80021370.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis According to the RBI, gross non-performing assets (NPAs) declined from 9.1% as of March 2019 to 8.2% at end-March 2020 and further down
Indian rupee falls nearly 3% YTD in 2020; check how it will fare against US dollar in 2021 – The Financial Express
Clipped from: https://www.financialexpress.com/market/indian-rupee-falls-nearly-3-ytd-in-2020-check-how-it-will-fare-against-us-dollar-in-2021/2160706/ Indian rupee remained one of the worst-performing regional currencies in 2020, despite record inflows from foreign institutional investors (FII) and foreign portfolio investors
Banking wrong on corporate houses: Why fate of banking, public finance is uncertain – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/banking-wrong-on-corporate-houses-why-fate-of-banking-public-finance-is-uncertain-rbi-regulations/2160608/ With RBI’s inability to uphold regulatory oversight, a grave crisis in banks and NBFCs is looming large. Atul K Thakur The policymaking in
Budget 2021 Expectations for Expenditure: Where will Modi govt raise money from, where will it spend? | The Financial Express
Clipped from: https://www.financialexpress.com/budget/budget-2021-expectations-where-will-modi-govt-raise-money-from-where-will-it-spend/2160490/ Union Budget 2021 Expectations for Expenditure: The spending is likely to be enhanced for infrastructure projects that generate employment and have higher multiplier
‘Next decade belongs to small businesses but here’s how they can navigate ‘techade’ in new normal’ – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-eodb-next-decade-belongs-to-small-businesses-but-heres-how-they-can-navigate-techade-in-new-normal/2160585/ Ease of Doing Business for MSMEs: Black Swan moments disrupt the status quo but they also provide newer opportunities. SMEs would do well
India eyes asset sales to partly fund higher spending next year-sources – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/india-eyes-asset-sales-to-partly-fund-higher-spending-next-year-sources/articleshow/80027413.cmsSynopsis After largely keeping its purse strings in check as the coronavirus pandemic choked businesses and threw millions out of jobs, Prime Minister Narendra
current account: Current Account is in surplus for second consecutive quarter at 2.4% of GDP – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/current-account-is-in-surplus-for-second-consecutive-quarter-at-2-4-of-gdp/articleshow/80031028.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The narrowing of the current account surplus in was on account of a rise in the trade deficit to $ 14.8 billion from
Deposits of public sector banks surge amid pandemic stress – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/deposits-for-public-sector-banks-surge-amid-pandemic-stress/articleshow/80028940.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Term deposits – contributing almost 60% of total deposits – moderated, reflecting the easing of interest rates and the lure of returns on
Honey, I shrunk Indian banking! Sector tastes degrowth in 2020–Business today
Clipped from: https://www.businesstoday.in/current/economy-politics/indian-banking-industry-2019-20-npas-bad-loans-borrowings-asset-quality/story/426466.html Indian Banking Sector 2019-20: The credit off-take from the industry declined marginally while agri, services and retail were in positive territory in 2019-20
Is the deal worth the Brexit? | Deccan Herald
The biggest positive of the Brexit deal, entered into by the European Union (EU) and Britain after years of tough negotiations, is that it is
Hunger pangs on the rise | Deccan Herald
The data on malnutrition, stunting, and wasting in children across states in India emerging from the first phase of the National Family Health Survey 5 (2019-2020) is
2020 has been a strange interruption and reversal. Unless we act now, we will have a stunted recovery | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/covid-19-india-economy-growth-7126878/ Will 2021 be better? What can we look forward to? What should we worry about? It is nine months since India declared the
India’s economy in 2020: Year of many questions | GDP of India 2020–indian express
Clipped from: https://indianexpress.com/article/explained/covid-economy-india-budget-2021-gdp-7123862/ India’s economy in 2020: As Annus Horribilis 2020 comes to an end, there are positives in the economy: signs of a GDP rebound,
Watch out for the looming debt trap – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/lokeshwarri-sk/watch-out-for-the-looming-debt-trap/article33456305.ece Combined debt of Centre and States is set to cross ₹166 lakh crore in FY21. Borrowing is for servicing interest and loans too As
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