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
Category: Economy
axis bank: Could see rise in retail stress in coming quarters: Axis Bank – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/could-see-rise-in-retail-stress-in-coming-quarters-axis-bank/articleshow/79778357.cmsSynopsis “While the stress is much lower than what we had envisaged, these numbers will be higher than what we saw last year. It
World Peace Not The Court’s Outlook–economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/world-peace-not-the-courts-outlook/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The government is right to be lukewarm towards
In push for exporters, government claims will be cleared within shorter period now – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/push-for-exporters-government-claims-will-be-cleared-within-shorter-period-now/articleshow/79778241.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The government said that the duty drawback claims have to be processed within a timeframe. The time frame was reduced from 7 days
India’s economy showing signs of bottoming out: Credit Suisse – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/indias-economy-showing-signs-of-bottoming-out-credit-suisse/articleshow/79779644.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis According to the report, the consensus forecasts of GDP growth for FY2022 over FY2020 stopped falling after October 2020 (currently at (-) 1
Govt to encourage banks to use co-origination model of financing to address MSME needs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/govt-to-encourage-banks-to-use-co-origination-model-of-financing-to-address-msme-needs/articleshow/79782018.cmsSynopsis Co-origination or co-lending model is a financial system of leveraging the comparative advantages of both the banks and non-banking finance companies (NBFCs) in
Hospitality industry in middle crisis, will overcome setback by innovation: OYO boss Ritesh Agarwal – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/hotels-/-restaurants/hospitality-industry-in-middle-crisis-will-overcome-setback-by-innovation-oyo-boss-ritesh-agarwal/articleshow/79782800.cmsSynopsis Innovation is going to be the name of the game and, “the travel industry will no doubt come back to equivalent or ahead
Unwinding liquidity will be a major challenge for RBI: Subbarao – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/unwinding-liquidity-will-be-a-major-challenge-for-rbi-subbarao/articleshow/79784772.cmsSynopsis The central bank announced a series of liquidity easing measures as its response to the COVID-induced contraction in the economic activity since end
No amount of government intervention adequate for pandemic-hit economy: Finance Minister Nirmala Sitharaman – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/no-amount-of-government-intervention-adequate-for-pandemic-hit-economy-finance-minister-nirmala-sitharaman/articleshow/79781750.cmsSynopsis Addressing the annual general meeting of the Indian Chamber of Commerce (ICC), Sitharaman said that while in early 2020 green shoots and revival
Supreme Court says farmers have right to protest, suggests Centre to put farm laws on hold | India News,The Indian Express
Clipped from: https://indianexpress.com/article/india/supreme-court-farmers-protest-news-committee-7108445/ The CJI further said the court is thinking of setting up an impartial and independent panel comprising of agriculture experts and farmers unions
Stress predates Covid: Bankers tell Supreme Court – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/stress-predates-covid-bankers-tell-supreme-court/article33348966.ece?homepage=true The Reserve Bank of India (RBI) on Wednesday said in the Supreme Court that there has not been a single case of Covid-related
As economy recovers, fall in direct tax mop-up slows – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/as-economy-recovers-fall-in-direct-tax-mop-up-slows/article33348948.ece?homepage=true Third instalment of advance tax down only 17.6% as on Dec 15 against 22% at the start of Nov Shishir Sinha “Initial indications,
MSMEs in 2021: Six key trends to watch out in B2B e-commerce to jumpstart small business recovery – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-eodb-msmes-in-2021-six-key-trends-to-watch-out-in-b2b-e-commerce-to-jumpstart-small-business-recovery/2150932/ Ease of Doing Business for MSMEs: In 2021, restoring MSMEs’ economic momentum will be integral to giving the real GDP growth rate a
MSME Minister Nitin Gadkari mulls award to businesses paying MSMEs on time – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-msme-minister-nitin-gadkari-mulls-award-to-businesses-paying-msmes-on-time/2151357/ Credit and Finance for MSMEs: The MSME Ministry had written to over 2,800 corporates in October, after writing to 500 such businesses in
Big stakes for Apple & India, need to address all issues – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/big-stakes-for-apple-india-need-to-address-all-issues/2151527/ Both Apple and govt have to fix issues that have come up, this can upset India’s plans to woo firms away from China
The Rs 3 lakh crore Emergency Credit Line Guarantee Scheme: Opportunities and gaps–economic times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/the-rs-3-lakh-crore-emergency-credit-line-guarantee-scheme-opportunities-and-gaps/articleshow/79753604.cmsSynopsis As part of the AatmaNirbhar Bharat reforms, the Government extended the Scheme until March 31, 2021 and included 26 stressed sectors including healthcare
Blame court, too, for export decline–economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/blame-court-too-for-export-decline/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. India’s export slide began before the pandemic and
Malnutrition cries out for more analysis–economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/malnutrition-cries-out-for-more-analysis/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The fifth National Family Health Survey has some
RBI has preserved financial stability of economy during COVID crisis, says Subbarao – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/rbi-has-preserved-financial-stability-of-economy-during-covid-crisis-says-subbarao/articleshow/79764496.cmsSynopsis Subbarao noted that though governments and central banks of the world are presently operating from the playbook of the Global Financial Crisis in
US Treasury labels Switzerland, Vietnam as currency manipulators; adds India in ‘monitoring list’ – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/business/us-treasury-labels-switzerland-vietnam-as-currency-manipulators-adds-india-in-monitoring-list/articleshow/79762881.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The U.S. Treasury said its “monitoring list” of countries that meet some of the criteria has grown to 10 with the additions of
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