Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/nbfc-collection-efficiencies-at-their-highest-this-fiscal-says-crisil/articleshow/79925957.cmsSynopsis The recovery in collection efficiencies is good news for the beleaguered NBFCs which were hit hard due to the stringent lockdown announced in
Category: Economy
Juggling to survive the year, small businesses fret over lack of profitability – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/juggling-to-survive-the-year-small-businesses-fret-over-lack-of-profitability/articleshow/79913171.cmsSynopsis The year 2020 brought distress and damage aplenty for the MSME sector. Can the next year herald a new beginning for them? The
Loan apps pushing people into debt traps, suicides – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/loan-apps-pushing-people-into-debt-traps-suicides/articleshow/79917537.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The tap-and-get-a-loan “solution” is pushing a large number of people into a trap far deeper than the financial condition they are in. (This
IBC extension set to increase complications in the financial statements of companies – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/ibc-extension-set-to-increase-complications-in-the-financial-statements-of-companies/articleshow/79925646.cms Synopsis–For the lenders, the financial statements will have to reflect and even take a judgment on the financial health of companies they have
Indian economy stabilizes in November as retail demand improves – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/india-economy-stabilizes-in-november-as-retail-demand-improves/articleshow/79912637.cmsSynopsis All eight high-frequency indicators tracked by Bloomberg News were steady last month, keeping the needle on a dial measuring the so-called ‘Animal Spirits’
Aadhar payment systems gathers steam, trumps ATM withdrawals – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/aadhar-payment-systems-gathers-steam-trumps-atm-withdrawals/articleshow/79927262.cmsSynopsis With less than a quarter of the 2.3 lakh ATMs deployed in rural areas in the country, account holders are growing increasingly comfortable
It is astonishing that farmers are speaking up to protect traders’ interests | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/it-is-astonishing-that-farmers-are-speaking-up-to-protect-traders-interests-7115755/ In fact, the much-advocated reform of the APMC laws has not happened so far due to the opposition from mandi traders, by now
Delaying the inevitable: The Hindu Editorial on suspension of insolvency proceedings – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/delaying-the-inevitable-the-hindu-editorial-on-suspension-of-insolvency-proceedings/article33397154.ece Restructuring of bad loans will get tardier as the bankruptcy code is kept in abeyance The government has kicked the can down the
IBC suspension extended till March 2021 – The Hindu
Clipped from: https://www.thehindu.com/news/national/ibc-suspension-extended-till-march-2021/article33387578.ece The government has decided to extend the suspension of the Insolvency and Bankruptcy Code (IBC) till March 31, 2021, to help businesses cope
As economy heads northwards, Budget expected to provide speed – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/as-economy-heads-northwards-budget-expected-to-provide-speed/article33387402.ece Finance Minister Nirmala Sitharaman has promised a Budget like “never before” – PTI Finance Minister Nirmala Sitharaman has promised a Budget like “never
‘FM will need to do a fine balancing act’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/fm-will-need-to-do-a-fine-balancing-act/article33387430.ece To support the nascent recovery on one hand while maintaining macro-economic stability on the other The Finance Minister will be presenting the Union
We are in an era of ‘financial repression’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/we-are-in-an-era-of-financial-repression/article33396001.ece ’Repression’ economics Central banks will be under pressure to keep interest rates low – /iStockphoto ’Repression’ economics Central banks will be under pressure
Self-reliant sugar industry | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/self-reliant-sugar-industry-120122201559_1.html Revenue-sharing mechanism can provide a lasting solution The government has minced no words in telling the sugar industry to stop relying on subsidies and other
Chinese proposals worth Rs 12,000-13,000 crore await govt nod – The Financial Express
Clipped from: https://www.financialexpress.com/economy/chinese-proposals-worth-rs-12000-13000-cr-await-govt-nod/2155580/ This, in a sense, confirmed what the government had feared when it tightened the FDI norms in April—“opportunistic acquisitions” by the cash-rich Chinese
Scaling back: How banks, NBFCs post pandemic can help MSMEs achieve growth in new normal – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-fin-scaling-back-how-banks-nbfcs-post-pandemic-can-help-msmes-achieve-growth-in-new-normal/2151713/ Credit and Finance for MSMEs: With the rise of innovations in fintech solutions, banks and NBFCs are fast enabling small and medium-sized enterprises
Amazon: Pack it, ship it: Covid and surge of online shopping amps up an entire sector – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/pack-it-ship-it-covid-and-surge-of-online-shopping-amps-up-an-entire-sector/articleshow/79850882.cms Synopsis–Everything that we shopped for online needed to be packed before it is shipped. For India’s packaging sector, this has meant exponential growth.
A burden of great expectations–Economic Times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/a-burden-of-great-expectations/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. In his early days as finance minister, Manmohan
MSMEs seek easing of Basel norms in banking sector – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/fintech-and-bfsi/three-fourths-of-the-banking-sector-is-on-a-ventilator-more-private-banks-can-help-it-breathe-easy-/primearticleshow/79883963.cms Synopsis–The balance sheets of several public-sector banks are in distress, the government can ill afford bailouts, and a large section of the population
Degrowth will accelerate as consumers change — companies should adapt now: Thomas Roulet – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/fintech-and-bfsi/three-fourths-of-the-banking-sector-is-on-a-ventilator-more-private-banks-can-help-it-breathe-easy-/primearticleshow/79883963.cms SynopsisThe balance sheets of several public-sector banks are in distress, the government can ill afford bailouts, and a large section of the population
Farm reforms: Now, a three-act tragedy | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/farm-reforms-now-a-three-act-tragedy-120122000837_1.html The fairy tale outcome of these reforms would be better infrastructure and market access, which could take the rural economy to new heights
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