Clipped from: https://www.business-standard.com/article/international/ecb-slows-pace-of-stimulus-revises-inflation-expectations-121121700072_1.html The European Central Bank (ECB) has revealed its plan to wind down the stimulus in the form of asset purchase programs as it
Category: Economy
Vehicle scrappage facility: Tata Motors joins hands with Maharashtra govt | Business Standard News
lipped from: https://www.business-standard.com/article/companies/tata-motors-joins-hands-with-maha-govt-to-set-up-vehicle-scrappage-facility-121121700646_1.html The state industries, energy and labour department will support in facilitating the necessary approvals as per the rules and regulations for setting up
Urban jobless rate rises to double digit – The Financial Express
lipped from: https://www.financialexpress.com/economy/urban-jobless-rate-rises-to-double-digit/2387914/ “The high unemployment rate reflects an increase in demand for jobs and the economy’s inability to create jobs in adequate numbers. It is,
WPI inflation surges to 14.23 per cent in November on the back of higher food prices – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/wpi-inflation-surges-to-14-2-per-cent-in-november/articleshow/88271540.cmsSynopsis Higher wholesale prices could feed into retail prices as demand returns in the economy. Many of the FMCG companies have already hiked prices
Inflation accelerates again in November despite fuel tax brakes – The Hindu
Clipped from: https://www.thehindu.com/business/Economy/inflation-accelerates-again-in-november-despite-fuel-tax-brakes/article37945653.ece?homepage=true The fuel tax cuts helped douse the transport and communications inflation by 0.6% on a month-on-month basis India’s retail inflation hardened for the
A truckload of woes: as ownership patterns change, it may be end of road for small fleet owners – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/economy-and-policy/a-truckload-of-woes-as-ownership-patterns-change-it-may-be-end-of-road-for-small-fleet-owners/primearticleshow/88193922.cms SynopsisSince the beginning of the lockdown last year, small fleet owners had been facing utilisation issues due to low demand and unavailability of
Chipping in: Inside India’s big push to gain a strategic edge with USD10 billion semiconductor plan – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/technology-and-startups/chipping-in-inside-indias-big-push-to-gain-a-strategic-edge-with-usd10-billion-semiconductor-plan/primearticleshow/88263812.cms SynopsisAmid a massive global chip shortage, India is playing catch-up in the economically and geopolitically critical semiconductor manufacturing race. But is the country
Fewer small savings accounts but more demat accounts being made – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/fewer-small-savings-accounts-but-more-demat-accounts-being-made/article37945310.ece Post office saving accounts, senior citizen savings scheme contribute most to fall The number of new small saving schemes (Public Provident Fund, National
Low interest rate: Incentive and subsidy | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/low-interest-rate-incentive-and-subsidy-121121301589_1.html Some of the benefit due to a low interest rate policy is not an incentive; it is a subsidy “It was the best
The shovel returns | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-shovel-returns-121121301576_1.html Housing down-cycle shaved more than 1 per cent from growth annually for nearly a decade; it is turning now India needs to build
The looming crisis in State finances – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/c-p-chandrasekhar/the-looming-crisis-in-state-finances/article37946483.ece States’ worries The stressed finances may hit welfare spending – VENKATACHALAPATHY C States’ worries The stressed finances may hit welfare spending – VENKATACHALAPATHY
Steel producers may offer volume discounts to MSMEs, exporters – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/steel-producers-may-offer-volume-discounts-to-msmes-exporters/article37947200.ece Steel prices have almost doubled over the past year causing distress to MSMEs and exporters making items that require steel as inputs –
How the supply chain upheaval became a life or death threat – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/how-the-supply-chain-upheaval-became-a-life-or-death-threat/articleshow/88248469.cmsSynopsis Around the world, many of the largest industries are jockeying to secure scarce stocks of computer chips. Automakers have slashed production for a
Corruption and growth: Learnings from the dragon – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/corruption-and-growth-learnings-from-the-dragon/2162500/ In China, corruption does not impact the day-to-day life of common citizens; in India, however, corruption is pervasive Corruption in China is largely
Growth-inflation balance, Shaktikanta Das has his task cut in 2nd term as RBI Governor – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/growth-inflation-balance-shaktikanta-das-has-his-task-cut-in-2nd-term-as-rbi-gov/articleshow/88226632.cmsSynopsis Shaktikanta Das would be required to adopt a calibrated liquidity management approach and boost credit growth. Shaktikanta Das has become the first Reserve Bank of
Welcome financial inclusion | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/welcome-financial-inclusion-121121200935_1.html UPI upgrade can bring mobility to household savings The Reserve Bank of India (RBI) governor’s announcement last week that the central bank is seeking to
Centre was sensitive to fiscal deficit: Garg on CAG’s bank recap concerns | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/centre-was-sensitive-to-fiscal-deficit-garg-on-cag-s-bank-recap-concerns-121121200645_1.html Funds for these investments were raised by the government through the issue of non-transferable special securities to the same PSBs. Subhash Chandra Garg
The question of US monetary policy | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-question-of-us-monetary-policy-121121300012_1.html In contrast to the US, India is in the early stages of its inflation journey Monetary policy in the US is an important
No runaway decline in rupee’s value, may recover by March: Experts | Business Standard News
lipped from: https://www.business-standard.com/article/finance/no-runaway-decline-in-rupee-s-value-may-recover-by-march-experts-121121300051_1.html The rupee closed at 75.78 to a dollar on Friday, an 18-month low The rupee has recently come under pressure for several reasons
Time to make in India, and for India – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/time-to-make-in-india-and-for-india/article37939751.ece India needs leaders who create products for its citizens. That is the difference between, say, a Sundar Pichai and a JRD Tata The