Clipped from: https://www.business-standard.com/article/opinion/the-dark-side-of-low-interest-rates-120101901603_1.html While the low interest rate policy may or may not help with investment, output and employment, it can aggravate, if not cause, financial
Category: Economy
Fix a sunset date | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/fix-a-sunset-date-120101901563_1.html Open-ended tariff protection will affect competitiveness The government has been increasing import tariffs and other barriers in recent years to protect Indian industry. The idea
GDP growth will fix debt, so spend now – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/india-needs-to-spend-a-lot-more-if-it-wants-to-fix-the-permanent-damage-to-the-economy/2108607/ But even if the deficit increases by 7% of GDP this year while trend nominal GDP settles at 10%, debt/GDP stabilises around 90%
Sellers from smaller cities driving festive sales: Snapdeal – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/sellers-from-smaller-cities-driving-festive-sales-snapdeal/articleshow/78745206.cmsSynopsis Ahead of Diwali, Snapdeal had opened 25 logistics centres to serve the surge in orders. This is now helping move the Diwali orders
Business index at post-lockdown high but beware of ‘faux recovery’: Nomura – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/business-index-at-post-lockdown-high-but-beware-of-faux-recovery-nomura/articleshow/78748531.cmsSynopsis Nomura attributed “much of this improvement” to a sharp rise in Google workplace mobility (by around 5pp from the previous week), as well
India must not neglect bank recapitalisation despite pandemic, says Viral Acharya – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/india-must-not-neglect-bank-recapitalisation-despite-pandemic-says-viral-acharya/articleshow/78748878.cmsSynopsis “If the government doesn’t wish to recapitalise banks in a timely manner, then it must ensure that the contours of debt moratoria and
GST–Bridge the gap | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/bridge-the-gap-120101800943_1.html Centre’s decision to borrow doesn’t fully address the GST issue The Union government’s decision to borrow and on-lend to the states to cover
Single-window clearance expected to start in April with 20 states on board | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/single-window-clearance-to-start-in-april-govt-expects-20-states-on-board-120101900023_1.html At least half a dozen foreign investors are said to be in talks with the government for this mechanism The exercise is part
India’s inflation targeting framework needs a relook – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/indias-inflation-targeting-provisions-need-a-relook/article32886547.ece The assumptions underlying Chapter III-F of the RBI Act have become a hindrance to the achievement of India’s development goals It is widely
An incomplete solution: The Hindu Editorial on Centre borrowing for States to meet GST shortfall – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/an-incomplete-solution-the-hindu-editorial-on-centre-borrowing-for-states-to-meet-gst-shortfall/article32887686.ece The Centre must assure States on the timeline for payment of the GST compensation due The past week witnessed some forward, albeit inexplicably
TDS on e-Commerce is a very bad idea–Economic Times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/tds-on-e-commerce-is-a-very-bad-idea/ The government should rethink its move to levy, come October 1, a 1% tax deducted at source (TDS) on sales facilitated by an
Future is female–Ecobinuc Times
Clipped from: https://timesofindia.indiatimes.com/blogs/voices/future-is-female-2/ To say that men dominate the world of entrepreneurship would be a gross understatement. According to the Reserve Bank of India only 5.9%
‘Essential Commodities Act was conceptualised in the era of food shortages … we have moved from scarcity to food security’
Clipped from: https://timesofindia.indiatimes.com/blogs/the-interviews-blog/essential-commodities-act-was-conceptualised-in-the-era-of-food-shortages-we-have-moved-from-scarcity-to-food-security/ The Essential Commodities Act was amended during the last Parliament session, 65 years after it was first enacted. The government has promised it
Let Indian Fintech Grow Into (Gi)Ants-Economic Times-
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/let-indian-fintech-grow-into-giants/ There is much that India’s financial regulators, besides financial technology companies, can learn from Ant Group Company’s forthcoming mega initial public offering. Ant,
IMF chief Kristalina Georgieva says ‘much more decisive’ action needed to deal with debt problems – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/business/imf-chief-kristalina-georgieva-says-much-more-decisive-action-needed-to-deal-with-debt-problems/articleshow/78735593.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The head of the International Monetary Fund on Sunday called for significant steps to address the increasingly unsustainable debt burdens of some countries,
Hospitality sector, easiest way of doing business – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/hotels-/-restaurants/view-hospitality-sector-easiest-way-of-doing-business/articleshow/78738033.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 Synopsis– Maharashtra is blessed — from beaches and its coastline to urban sprawls, to forts and temples and festivals, each region is so
COVID-19 prompts workers, corporates to adopt gig economy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/covid-19-prompts-workers-corporates-to-adopt-gig-economy/articleshow/78732156.cmsSynopsis Gig workers are independent contractual workers who are into flexible agreements with companies or through platforms for on-demand work completion. New Delhi: At
Agri reforms: Farm Bills latest step in sequential freeing up of farm sector – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/agri-reforms-farm-bills-latest-step-in-sequential-freeing-up-of-farm-sector/2107611/ The farm bills give India the opportunity to orient its farm sector towards the $82-tn Global economy through exports instead of the $3-tn
Allowing the rupee to strengthen can help contain the creeping inflation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/allowing-the-rupee-to-strengthen-can-help-contain-the-creeping-inflation/article32516074.ece With the consumer price inflation at 6.9 per cent in July, the RBI needs to exercise caution over increasing the supply of rupees
Food for thought – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/the-centre-could-have-approached-the-crucial-issue-of-agricultural-reform-in-a-better-manner/article32642877.ece The Centre could have approached the crucial issue of agricultural reform in a better manner The political drama arising out of the passage
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