Clipped from: https://www.businesstoday.in/current/economy-politics/tax-mop-up-run-rate-set-for-25-percent-shortfall-in-fy21/story/426649.html Even if the government manages to collect the same tax amount in the last four months of FY21 as it did last fiscal,
Category: Economy
‘An amazing moment for UK,’ says British PM Boris Johnson as country moves out of EU – world news – Hindustan Times
Clipped from: https://www.hindustantimes.com/world-news/an-amazing-moment-for-uk-says-british-pm-boris-johnson-as-country-moves-out-of-eu/story-WXE4odAZCVOewDFz7B6QxO.html ‘Covid-19 loves a crowd, cancel parties’ was the key message on a public information campaign on Thursday, urging Britons to usher in the
Ending the deadlock: The Hindu Editorial on farmers, reforms and stakeholders – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/ending-the-deadlock-the-hindu-editorial-on-farmers-reforms-and-stakeholders/article33466144.ece Reforms, however necessary, cannot be done without consultations with all stakeholders Farmers protesting against three agriculture reform laws, and on related issues, have reached
Britain leaves Europe’s single market – The Hindu
Clipped from: https://www.thehindu.com/news/international/britain-leaves-europes-single-market/article33466037.ece?homepage=true The U.K.’s tortuous departure from the European Union takes full effect. Brexit becomes a reality on Thursday as Britain leaves Europe’s customs union
Brewing new ideas to sustain tea sector – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/brewing-new-ideas-to-sustain-tea-sector/article33465737.ece?homepage=true Tea plantation business has gone through a tumultuous last two decades, ever since the WTO came into being and quantitative restrictions (QRs) were
Five of eight core sectors contract in November – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/five-of-eight-core-sectors-contract-in-november/article33466076.ece?homepage=true core-sector-steel core-sector-steel× India’s key infrastructure sectors contracted for the ninth consecutive month in November, posting a steeper decline of 2.6 per cent year-on-year
‘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
‘MSMEs to decide whether India taps or loses opportunity to deliver what world maybe seeking’ – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-fin-msmes-to-decide-whether-india-taps-or-loses-opportunity-to-deliver-what-world-maybe-seeking/2161395/ Credit and Finance for MSMEs: MSMEs in India can truly thrive in 2021 only if they understand the need to adapt and embrace
Allowing corporate houses in banking: With the needed safeguards, it may not be a bad idea after all – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/allowing-corporate-houses-in-banking-with-the-needed-safeguards-it-may-not-be-a-bad-idea-after-all/2161878/ While connected and circular lending, and credit misallocation and conflict of interest are real risk scenarios, credit crunch especially for MSMEs is also
Which developing economies will rise after the pandemic? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/which-developing-economies-will-rise-after-the-pandemic/articleshow/80041079.cmsSynopsis The pandemic is accelerating the adoption of digital technology, which has a particularly strong effect on immature economies. Digital technology is unlikely to
Happy New Year By Design, Not Chance–economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/happy-new-year-by-design-not-chance/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The year that has gone by is very
Unemployment rate in urban areas for Jan-Mar 2020 rose to 9.1% – The Economic Times
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
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
