Clipped from: https://economictimes.indiatimes.com/news/international/business/congress-rescue-aid-a-dose-of-support-but-is-it-enough/articleshow/79845545.cmsSynopsis For now, the package that congressional leaders agreed to Sunday will provide urgently needed benefits to the unemployed, loans to help small businesses
Category: Economy
View: Far from liberating farmers, the farm laws put them at mercy of government – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/politics-and-nation/view-far-from-liberating-farmers-the-farm-laws-put-them-at-mercy-of-government/articleshow/79844988.cmsSynopsis It is, of course, right to make space for regulation in the trade area. The idea that unregulated markets serve the public interest,
MSP — the factoids versus the facts – The Hindu
Clipped from: https://www.thehindu.com/opinion/lead/msp-the-factoids-versus-the-facts/article33367929.ece The debate on agricultural issues must take into account the changed geography of procurement and the seller’s profile According to one definition, a
Rising inflation is of concern: HDFC Chief Economist – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rising-inflation-is-of-concern-hdfc-chief-economist/article33367669.ece Abheek Barua, Chief Economist, HDFC Bank Abheek Barua, Chief Economist, HDFC Bank1/2 ‘On way to marked short term bounce in economy’ Inflation has
For farmers, MSP is like salary while competing markets are variable pay | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/msp-is-like-a-salary-for-farmers-120121801522_1.html The dilemma is that if farming is to be efficient, farmers will be worse off – and if farmers are to be better
Sadak To Internet: Divert some or most of incremental investment into digital – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/sadak-to-internet-divert-some-or-most-of-incremental-investment-into-digital/2152207/ There is a need to reroute some of the investment going to physical infrastructure into digital infrastructure By Harish HV Bijli, sadak, paani
Government committed to help the MSME sector flourish: Pratap Chandra Sarangi – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/government-committed-to-help-the-msme-sector-flourish-pratap-chandra-sarangi/articleshow/79796787.cmsSynopsis “With the government increasing opportunities for local MSMEs and reducing dependence on imports, MSMEs will be able to scale up operations and gain
Too much fall in short term rates poses threat to financial stability: RBI minutes – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/rbis-mpc-likely-to-maintain-its-accommodative-stance-sees-limited-rate-cut-window/articleshow/79799542.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The MPC left key interest rates unchanged this month amid persistently high inflation but said it would ensure ample liquidity to stressed sectors
Banking sector’s renaissance after the pandemic – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/renaissance-after-the-pandemic/articleshow/79802115.cms Synopsis–Policymakers in India have acted swiftly and decisively on both fiscal and monetary fronts to cushion the impact. The slew of measures introduced
India likely to witness sharp rise in insolvencies in the coming days: MS Sahoo – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/india-to-witness-sharp-rise-in-insolvencies-in-the-coming-days-ms-sahoo/articleshow/79796227.cmsSynopsis “The 2008 financial crisis had witnessed a sharp increase in corporate and personal insolvencies all over the world and that is an indication
No big NPA shock for banks this fiscal: Financial Services Secretary – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/no-big-npa-shock-for-banks-this-fiscal-financial-services-secretary/article33357987.ece?homepage=true Financial Services Secretary Debashish Panda Financial Services Secretary Debashish Panda× Debashish Panda says loan repayments up after Unlock Financial Services Secretary Debashish Panda
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
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
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