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
Category: Economy
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
Growth Over Fighting Inflation–economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/growth-over-fighting-inflation/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The Monetary Policy Committee (MPC) has voted for
Auto sector sees revival in recruitment activity amid festive demand pick up – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-news/auto-sector-sees-revival-in-recruitment-activity-amid-festive-demand-pick-up/articleshow/79567170.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 SynopsisExecutive search firm ManpowerGroup India got 30 to 35% more job positions in auto and related sectors in September–October compared to hiring in
Socrates, status quo and solutions: What Shaktikanta Das talked of at RBI’s last policy review of 2020 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/socrates-status-quo-and-solutions-what-shaktikanta-das-talked-of-at-rbis-last-policy-review-of-2020/articleshow/79560009.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Das made some important observations about the current economic situation, before closing his address with a quote from Socrates: “We can be bitter
Why not open Indian companies, both stressed and prime performers, to foreign lenders? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/why-not-open-indian-companies-both-stressed-and-prime-performers-to-foreign-lenders/articleshow/79570701.cms Unlike the affected countries in 1997, India does have healthy foreign exchange reserves, recently amounting to $568 billion. SynopsisUS fund Oaktree lent Rs
Why Shaktikanta Das can’t afford to follow other central banks’ Covid playbooks – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/why-shaktikanta-das-cant-afford-to-follow-other-central-banks-covid-playbooks/articleshow/79566630.cms SynopsisIndia’s flexible inflation targeting introduced four years ago ties the central bank’s hands when it comes to interest rates as it is mandated
In farmers’ protests, the core is procurement – The Hindu
Clipped from: https://www.thehindu.com/opinion/lead/in-farmers-protests-the-core-is-procurement/article33243166.ece?homepage=true Farmers of Punjab and Haryana need the MSP-procurement system, but the government needs it even more for the PDS Farmers’ protests have erupted
Biden’s America – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/bidens-america/article33242540.ece While the President-elect promotes multilateralism, India will be important vis-a-vis China With Donald Trump finally in exit mode and US President-elect Joe Biden
Exports fall 9% in November, imports decline 13.33% – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/exports-fall-9-in-november-imports-decline-1333/article33238222.ece Exporters seek easier refund of GST, raw material at reasonable prices India’s exports of goods in November 2020 fell 9.07 per cent to
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