Clipped from: https://www.business-standard.com/article/opinion/in-search-of-a-new-fiscal-road-map-120122901402_1.html Budget 2021 must overhaul the existing FRBM Act to set feasible targets on deficit and debt Taxation and spending outlays usually become key
Category: Economy
Yes, it’s not broken | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/yes-it-s-not-broken-120122901390_1.html Govt and RBI should fix potential policy risks to inflation The government is reportedly planning to loosen the inflation tolerance band for the Reserve Bank of
Bank asset quality may see sharp deterioration post-moratorium: RBI | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/expect-sharp-drop-in-asset-quality-after-covid-accommodation-withdraws-rbi-120122901171_1.html Says banks will have to adapt and adjust to the rapidly evolving economic landscape and entry of niche players and emerging financial technologies
MSME: Government looking at new plans, laws to solve MSME receivables issue: Gadkari
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/government-looking-at-new-plans-laws-to-solve-msme-receivables-issue-gadkari/articleshow/80003881.cmsSynopsis As part of the Aatmanirbhar Bharat package announced in May, MSME dues from central government agencies and CPSEs should have been paid in
Maersk: With an eye on vaccines, logistics sector preps to go full throttle in 2021 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/with-an-eye-on-vaccines-logistics-sector-preps-to-go-full-throttle-in-2021/articleshow/80003535.cmsSynopsis The pandemic and its fallouts severely crippled India’s logistics sector in 2020. But with the massive task of distributing vaccines across the country,
Pour concrete now, to boost growth–economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/pour-concrete-now-to-boost-growth/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. Metro services will reach over 25 cities by
Brexit Trade-Offs in Globalised Trade–economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/brexit-trade-offs-in-globalised-trade/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The Christmas Eve EU-UK trade deal is welcome
Duvvuri Subbarao: Post Covid-19, India can bet on 3 positives for economic revival: Subbarao – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/post-covid-19-india-can-bet-on-3-positives-for-economic-revival-subbarao/articleshow/80008840.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The challenge for the government in the months and years ahead is clear: to put the economy back on a healthy growth trajectory
From the brink to recovery, India’s retail sector pins hope on 2021 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/from-the-brink-to-recovery-indias-retail-sector-pins-hope-on-2021/articleshow/80007102.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis In a year when the COVID-19 carnage ripped apart the retail business, circa 2020 will best go down for the unravelling of the
Auto parts industry revenue to grow 16-18% in FY22; outlook revised from negative to stable: ICRA – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-components/auto-parts-industry-revenue-to-grow-16-18-in-fy22-outlook-revised-from-negative-to-stable-icra/articleshow/80009781.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis ICRA expects the domestic auto component industry’s revenue to grow 16-18 per cent in the financial year starting April 2021, supported by factors
Aakar Patel | Farmers won’t put trust in PM, dharna unlikely to be over soon
Prime Minister Narendra Modi says that he wants the farmers of India to double their income but does not want the government to do it.
The duplicity of the farm laws, or how they do not help farmers – Frontline
The sun sets on another day of the protest: Farmers in front of their tents on a blocked highway in Ghazipur on December 24. Photo: Prakash
Reforms with the future and farming needs in mind – The Hindu
Clipped from: https://www.thehindu.com/opinion/op-ed/reforms-with-the-future-and-farming-needs-in-mind/article33439816.ece If the Farm Acts are implemented in the right spirit, they will usher in the transformation of the rural economy The major objections
India’s external sector gloom amidst the global pandemic – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/c-p-chandrasekhar/indias-external-sector-gloom-amidst-the-global-pandemic/article33438976.ece?homepage=true Batting for growth External pressure must not come in the way of a bigger stimulus – ISTOCK PHOTO Batting for growth External pressure
Return of rent-seeking | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/return-of-rent-seeking-120122801132_1.html The government’s initial push under “Make in India” to attract manufacturing has not succeeded as hoped. Perhaps that is one reason, alongside a
Inventory inching up relative to sales across sectors, FMCG less affected | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/inventory-inching-up-relative-to-sales-across-sectors-fmcg-less-affected-120122800774_1.html Festive season, supply chain issues may have been contributing factors leading to higher inventory Companies had more inventory lying with them than before relative
Why companies cut wages despite soaring profits amid Covid-19 pandemic | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/why-companies-cut-wages-when-profits-soared-120122800633_1.html Wages account for a relatively small proportion of the total expenses of corporates in India Listed companies made their biggest profits during the
exports: Can gain much more than what we lost in 2020: Export community pins hope on 2021 for a revival – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/can-gain-much-more-than-what-we-lost-in-2020-export-community-pins-hope-on-2021-for-a-revival/articleshow/79986292.cmsSynopsis Global trade ran into stormy waters in 2020. Indian exporting sector is hoping for a calmer 2021. COVID-19 CASES WorldIndiaFor the Indian exporting
Break-even year for bleeding PSU banks – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/break-even-year-for-bleeding-psu-banks/articleshow/79986384.cmsSynopsis Given this setting, it may seem highly incongruous to expect NPAs in Indian banks to bottom out in the fourth quarter of 2020-21.
Brexit: India could gain as of now – editorials – Hindustan Times
Clipped from: https://www.hindustantimes.com/editorials/brexit-india-could-gain-as-of-now/story-7NOMKrij5BFDo1I5rCwZeL.html The real test for India will be whether it can leverage the UK’s desire for some quick trade agreement successes and put together