Clipped from: https://www.financialexpress.com/opinion/monetary-policy-fails-to-stimulate-the-economy/2142002/ Subdued credit growth is a bigger concern than rising inflation. Time for the MPC to shed light on this inability to revitalise demand
Category: Economy
GST Swallow Does Not Make a Summer–The Economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/gst-swallow-does-not-make-a-summer/ That goods and services tax (GST) collections have surged in November, to nearly Rs 1.05 lakh crore, seem more likely due to improved
Time to Mind Rising Debt of the States–economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/time-to-mind-rising-debt-of-the-states/ The ratio of the states’ debt to gross domestic product (GDP) is poised to rise to a decadal high of 36% this fiscal,
NPA: High bounce rates indicate trouble ahead for lenders – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/high-bounce-rates-indicate-trouble-ahead-for-lenders/articleshow/79533504.cmsSynopsis Most banks and NBFCs have claimed of achieving near normal collection efficiency levels, but data suggests that Covid has altered borrower repayment behaviour.
paypal: Razorpay, PayPal come together to help MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/razorpay-paypal-come-together-to-help-msmes/articleshow/79526833.cmsSynopsis By integrating PayPal into Razorpay’s payment platform, freelancers and MSMEs will be able to accept international payments easily. BENGALURU: Razorpay has announced a partnership with PayPal to
Centre must carefully consider options, close communication gap with farmers | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/punjab-farmers-protest-farm-laws-msp-system-apmc-mandis-7075901/ This communication gap was fully exploited by some political parties and social activists, who themselves are facing an existentialist threat and believe that
Demand-side measures needed now | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/second-edit/demand-side-measures-needed-now-922273.html A 0.6% growth in the manufacturing sector was the most positive of all the pointers The provisional estimate of GDP for the second
Why it is better to be in than out of RCEP – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/why-it-is-better-to-be-in-than-out-of-rcep/article33223852.ece?homepage=true Trade matters: Multilateralism will once again be the driving force in Asia and India cannot afford to miss out Trade matters: Multilateralism will
Signalling Revival: Gross GST collections for November at ₹1.05-lakh crore – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/signalling-revival-gross-gst-collections-for-november-at-105-lakh-crore/article33220941.ece?homepage=true Collections cross ₹1-lakh crore mark for second straight month Gross Goods and Services Tax (GST) collections surpassed the ₹1-lakh crore mark for the second month
Encrypting the rupee – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/the-rbi-should-start-working-on-an-official-cryptocurrency-for-india/article33223897.ece The RBI should start working on an official cryptocurrency for India With the European Central Bank expressing its intention to evaluate a Central
Economy on its feet, but not out of woods – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/economy-on-its-feet-but-not-out-of-woods/article33224590.ece Key indicators look up on festival season buying and release of pent-up demand The pandemic-ravaged Indian economy remains on the path to recovery,
A three-pronged strategy | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/a-three-pronged-strategy-120120101371_1.html Lay out a credible fiscal consolidation plan, reverse tax buoyancy decline, and boost non-tax revenues In two months from now, Union Finance Minister Nirmala
Beyond the rate decision | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/beyond-the-rate-decision-120120101351_1.html RBI will have to address the excess liquidity issue The interest rate decision will be relatively easy for the Reserve Bank of India’s
Auto sales contract in November as firms enforce inventory control | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/auto-sales-contract-in-november-as-firms-enforce-inventory-control-120120200028_1.html Sales higher than previous year, but lower than October Auto sales, a key barometer for economic growth, contracted after three months of robust
‘Small business value erosion happening since 2017, need to pay heed to value-creating levers’ – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-eodb-small-business-value-erosion-happening-since-2017-need-to-pay-heed-to-value-creating-levers/2140580/ Ease of Doing Business for MSMEs: By the end of 2020, we expect the manufacturing revenue pool to be back at 2017 levels,
High inflation rules out rate easing – The Financial Express–economic times
Clipped from: https://www.financialexpress.com/opinion/high-inflation-rules-out-rate-easing/2141109/ We expect the CPI inflation to recede below the upper-end of the MPC’s target range of 6%, only in December, and average a
Even if there’s a Covid resurgence, India’s economic turnaround is heartening – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/view-even-if-theres-a-covid-resurgence-indias-economic-turnaround-is-heartening/articleshow/79517821.cms Synopsis—Other countries have been hit by a second Covid surge and accompanying curbs on economic activity. But not India. All short-term indicators from
9 things India can do to become an excellent place for doing business – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/9-things-india-can-do-to-become-an-excellent-place-for-doing-business/articleshow/79505033.cmsSynopsis Nurturing an investment is like growing a crop. Smart global firms are the quality seeds that grow in a supportive environment. Returns for
Democracy, economy key to India-US ties | Deccan Herald
Clipped from: https://www.deccanherald.com/specials/sunday-spotlight/democracy-economy-key-to-india-us-ties-921208.htmlRepresentative illustration. Credit: iStock. The broad contours of what the incoming Joe Biden administration wants to achieve over the next four years is now
We can’t stay out of trade arrangements like RCEP forever | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/we-can-t-stay-out-of-trade-arrangements-like-rcep-forever-921105.html The RCEP countries are also part of other regional and global trade and non-trade blocks Seshadri Chari When one door closes, another opens,”
