Clipped from: https://www.business-standard.com/article/opinion/boom-time-for-companies-what-record-profits-may-mean-for-govt-s-revenue-122011401094_1.html If much higher profits this year do not propel corporation tax revenue to a level higher than the FY19 peak, something must be
Category: Industry
Chip crunch, pandemic, high costs drag Dec qtr auto sales to multi-year low | Business Standard News
Clipped from: https://www.business-standard.com/article/automobile/chip-crunch-pandemic-high-costs-drag-dec-qtr-auto-sales-to-multi-year-low-122011401129_1.html The auto industry body expects current quarter to be better but stops short of sharing any guidance owing to pandemic related uncertainties Photo:
India Inc profitability set to dip for the first time in 12 quarters: Crisil – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/india-inc-profitability-set-to-dip-for-the-first-time-in-12-quarters-crisil/article38232451.ece?homepage=true As many as 27 of 40 sectors are likely to see their Ebitda margins shrinking Corporate profitability, as defined by the earnings before
Propping up the property market | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/propping-up-the-property-market-122011301506_1.html A credit guarantee can give housing a boost India’s housing landscape is littered with thousands of stalled housing projects. Stalled or delayed projects
Cutting corporate debt | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/cutting-corporate-debt-122011201749_1.html Banks will struggle to grow in the coming quarters Indian companies are deleveraging and the trend is likely to continue in the foreseeable future.
Telecom connections – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/telecom-connections/article38256694.ece The government must merge BSNL, BBNL and Vi Indian telecom industry actually skipped one-generation of tech-innovation by jumping ‘pagers’ as a product. The
Textile news: Textile exports: How India can reach a target of $65 billion and counter Vietnam, Bangladesh – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/textile-exports-how-india-can-reach-a-target-of-65-billion-and-counter-vietnam-bangladesh/articleshow/88801502.cmsSynopsis The path to achieving these targets will entail both government and industry taking crucial steps. And the government seems geared up for the
India’s furniture industry estimated to touch $40 bn by 2026 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/indias-furniture-industry-estimated-to-touch-40-bn-by-2026/article38217986.ece As pandemic has made online a preferred medium of shopping, number of online furniture shoppers is estimated to rise from 1.8 million in
Corporate affairs: Focus turns to ‘ease of exits’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/corporate-affairs-focus-turns-to-ease-of-exits/article38202508.ece Not seeing spurt in IBC cases during pandemic After taking giant steps in enabling ease of entry as well as ease of conducting
Annual tractor production crosses 1 m, exports surpass 1 lakh for the 1st time in 2021 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/annual-tractor-production-crosses-1-m-exports-surpass-1-lakh-for-the-1st-time-in-2021/article38204109.ece But, production & sales hit a 20-month low in December Despite hitting a 20-month low in production and domestic sales in December, the
CEMENT SECTOR–ICICIDIRECT.COM
Clipped from: https://www.icicidirect.com/research/equity/corporate-actions/what-lies-ahead-for-cement-sector-in-2022 What’s Buzzing: After a smooth start, the cement sector went through a bumpy ride during H2 in 2021 due to cost headwinds. Now,
Patchwork policy: The Hindu Editorial on GST rate on textiles – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/patchwork-policy-the-hindu-editorial-on-gst-rate-on-textiles/article38094816.ece The temporary rollback of tax hikes on textiles is a harbinger of challenges before GST regime On New Year’s eve, nine hours before
Industrial, warehousing space absorption over 44 million sq ft in 2021: Report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/property-/-cstruction/industrial-warehousing-space-absorption-over-44-million-sq-ft-in-2021-report/articleshow/88728133.cmsSynopsis In spite of Covid restrictions and lockdowns impacting construction activities, India witnessed a fresh supply of 45 million sq ft during the year
Preventing pyramids – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/the-centre-regulating-direct-selling-is-welcome-but-it-should-refrain-from-micromanaging-the-sector/article38134563.ece The Centre regulating direct selling is welcome but it should refrain from micromanaging the sector After seven years on the drawing board (the
Indian pharma industry estimated to grow 9-11% in 2021-22: ICRA – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/healthcare/biotech/pharmaceuticals/indian-pharma-industry-estimated-to-grow-9-11-in-2021-22-icra/articleshow/88691254.cmsSynopsis “Revenue growth for ICRA sample set is estimated at 9-11 per cent in FY2022 and in FY2023, supported by gradual recovery post the
GST hike on textiles will put financial burden on 85% population if not withdrawn: Traders to Piyush Goyal – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-gst-hike-on-textiles-will-put-financial-burden-on-85-population-if-not-withdrawn-traders-to-piyush-goyal/2398296/ Ease of Doing Business for MSMEs: In November 2021, the government had notified uniform GST at 12 per cent on man made fibre (MMF), MMF yarn, MMF
Apparel exports shrug off pandemic blues to grow 35% in first 3 quarters – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/economy/garment-exports-grow-35-per-cent-to-113-billion-in-first-three-quarters/article38106720.ece India’s monthly garment exports touched a record high of $37.29 billion in December 2021, posting a growth of 37 per cent year-on-year. India’s
Ensuring the safety of insurance sector – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/ensuring-the-safety-of-insurance-sector/article38044088.ece Their close inter-relationship with banks causes opaque monopolies and risks The RBI recently proposed to reduce the ownership by banks over insurance companies
Weaving it right – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/gst-rate-rationalisation-in-textiles-needs-to-be-carefully-thought-through/article38115718.ece GST rate rationalisation in textiles needs to be carefully thought through The GST Council has done the right thing in referring rate rationalisation
‘EaseMyTrip is looking to become a complete travel ecosystem’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/easemytrip-is-looking-to-become-a-complete-travel-ecosystem/article38115549.ece Yet to see any impact of Omicron on the travel industry: Co-founder Prashant Pitti It will be a cautiously optimistic year for the
aniltikotekar4sme.com 