Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/december-2020-gst-collections-touch-all-time-high-at-rs-1-15-lakh-crore/articleshow/80058495.cmsSynopsis Compared to December 2019, collections are 12% higher, underlining the trend of economic recovery amid the Covid 19 pandemic and in line with
Category: Economy
Swaminathan Aiyar explains how land problems bar India’s path to the next level – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/aiyar-explains-how-land-problems-bar-indias-path-to-the-next-level/articleshow/80058138.cmsSynopsis India has to overcome the land issue but it is not a easy thing to overcome, Aiyar said. By way of proof he
Asset management firm in the works to tackle bad loans of PSU banks – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/amc-in-the-works-to-tackle-bad-loans-of-psu-banks/articleshow/79981213.cms Synopsis–The proposed AMC will work on a fee-based model. It will collate bad debt across banks and reach out to institutional investors, including
RBI launches surveys to get inputs for monetary policy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/rbi-launches-surveys-to-get-inputs-for-monetary-policy/articleshow/80061615.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Announcing the launch of the January 2021 round of the Inflation Expectations Survey of Households (IESH), the RBI said it aims to capture
Looking back, and forward: How economies and economics changed in 10 years | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/looking-back-and-forward-how-economies-and-economics-changed-in-10-years-121010100839_1.html Even as both India and the world struggle to re-build after Covid-19, they face slow-burn problems that could develop into full-blown crises, writes
Union Budget 2021 to set course for economic pick up after COVID carnage – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/union-budget-2021-to-set-course-for-economic-pick-up-after-covid-carnage/articleshow/80057229.cmsSynopsis India, which had in 2019 overtaken the UK to become the fifth-largest economy in the world, was knocked off course somewhat due to
Tax mop-up run-rate portends 25% shortfall in FY21–Business today
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,
‘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
