Clipped from: https://www.business-standard.com/article/opinion/the-power-of-forward-guidance-120120401574_1.html The point of dissonance is, however, regarding the surplus liquidity sloshing around the banking system and the fear that it might endanger financial
Category: Economy
Reserve Bank asks banks not to declare dividend for FY 20 | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/covid-impact-reserve-bank-asks-banks-not-to-declare-dividend-for-fy-20-120120500785_1.html The RBI has asked banks to conserve capital and not make any dividend payments for financial year 2020 The Reserve Bank of India (RBI) has
A no-action monetary policy buys time for growth | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/a-no-action-monetary-policy-buys-time-for-growth-120120401329_1.html The job of breaking the back of inflation is left to the government’s proactive supply management strategies, for now There is no surprise
India hopes for resuming Iran oil imports as Biden presidency nears | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-hopes-for-resuming-iran-oil-imports-as-biden-presidency-nears-120120600065_1.html India halted its imports from Iran, previously its third-largest oil supplier, in mid-2019 after the expiration of US exemptions. Asia’s biggest oil importers
RBI ignores inflation, sticks to growth plan – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/rbi-ignores-inflation-sticks-to-growth-plan/2143686/ The policy seeks to reassure bond markets while hoping a good crop and fixing Covid-bottlenecks will ease inflation Reserve Bank of India (RBI)
Long term recovery for Covid-hit MSMEs to be uneven; hinges on these sectors in 6-12 months ahead – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-long-term-recovery-for-covid-hit-msmes-to-be-uneven-hinges-on-these-sectors-in-6-12-months-ahead/2142464/ Ease of Doing Business for MSMEs: Covid-induced lockdown enforced by the government in March this year had disrupted operations of MSMEs that have
Now MSMEs can prepare, submit restructuring proposals to banks on their own with SIDBI’s new DIY portal – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-now-msmes-can-prepare-submit-restructuring-proposals-to-banks-on-their-own-with-sidbis-new-diy-portal/2142653/ Ease of Doing Business for MSMEs: The proposals can be shared with up to three banks through the portal that has been developed
Covid crisis: For beauty, personal care startups – is it all gloom, or a beginning of bloom? – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/covid-crisis-for-beauty-personal-care-startups-is-it-all-gloom-or-a-beginning-of-bloom/2142674/ Startups should look at the bigger picture. Is it possible to fulfill their true potential without being omnipresent? What does it take to
Mahashay Dharampal Gulati: Subcondiment’s pride: MDH’s Mahashay Dharampal Gulati knew how to flex his masalas – The Economic Times
lipped from: https://economictimes.indiatimes.com/magazines/panache/subcondiments-pride-mdhs-mahashay-dharampal-gulati-knew-how-to-flex-his-masalas/articleshow/79576326.cmsSynopsis Gulati was also his empire’s best advertisement and brand ambassador. Garam masala will not taste the same again. But the passing of spice giant MDH’s
A Rs 76,400 crore sector is pivotal to reducing dependence on Chinese imports – The Economic Times
SynopsisComplete indigenisation of the consumer appliance components sector can speed up Aatmanirbhar Bharat. Quoting Swami Vivekananda, who had written that Indians should produce for themselves
GST compensation: All states take Rs 1.1 lakh crore option, Jharkhand last state to join – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/all-states-take-rs-1-1-lakh-crore-option-jharkhand-last-state-to-join/articleshow/79577958.cmsSynopsis With Jharkhand, the last state to take the option, the issue that had become a home of contention between Centre and states now
In RBI’s inflation-growth balancing, growth is big winner in this round – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/in-rbis-inflation-growth-balancing-growth-is-big-winner-in-this-round/articleshow/79578747.cmsSynopsis Normally, with this kind of elevated inflation scenario, the regulator would have treaded a more careful path. However, given the extraordinary situation, the
The power of forward guidance | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-power-of-forward-guidance-120120401574_1.html The point of dissonance is, however, regarding the surplus liquidity sloshing around the banking system and the fear that it might endanger financial
The solution to farmers’ grievance lies not on farms but in factories | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-solution-to-farmers-grievance-lies-not-on-farms-but-in-factories-120120401306_1.html If fewer hands were employed on the farms, incomes per head would rise for those who stay engaged in agriculture. Farmers would then
Forget the alphabet jugglery, economic recovery is here to stay: FM | Business Standard News
Clipped from: https://www.business-standard.com/article/economic-revival/forget-the-alphabet-jugglery-economic-recovery-is-here-to-stay-fm-120120401324_1.html Debunks theory that recent upsurge was due to pent-up or festival demand, says food inflation is seasonal and will cool down Finance Minister Nirmala
Trade-offs for growth revival: Why India’s policymakers need a new roadmap – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/trade-offs-for-growth-revival-why-indias-policymakers-need-a-new-roadmap/2142900/ Policymakers must focus on simultaneously managing the exchange rate and domestic inflation while maintaining an open capital account for renewed economic growth As
Will atmanirbhar call damage India’s small entrepreneurs? – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/will-atmanirbhar-call-damage-indias-small-entrepreneurs/2143695/ The beneficial linkages between formal and informal enterprises become stronger with trade liberalisation, not protectionism. By Ejaz Ghani the slow growth of India’s
India economy likely to contract by 10% in FY21: Former Planning Commission’s Abhijit Sen – The Financial Express
Clipped from: https://www.financialexpress.com/economy/india-economy-likely-to-contract-by-10-in-fy21-former-planning-commissions-abhijit-sen/2143543/ Abhijit Sen, also an expert on issues related to agriculture, further said that the government would not be able to double farmers’ income
RBI holds steady as it sides more with growth recovery than with its inflation objective – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/rbi-holds-steady-as-it-sides-more-with-growth-recovery-than-with-its-inflation-objective/2143694/ Despite raising its inflation forecast, RBI did not take immediate steps to reign in surplus liquidity, thereby choosing economic recovery over inflation control,
Create aggregation points for farm & MSME items, do minimal inspections: Piyush Goyal to states – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/create-aggregation-points-for-farm-msme-items-do-minimal-inspections-piyush-goyal-to-states/articleshow/79562088.cmsSynopsis Piyush Goyal has asked all states and Union Territories to create aggregation points for farm produce and products from micro, small and medium