Not just problem boy El Nino, here’s another disruptor for India’s economy

Read more at:https://economictimes.indiatimes.com/news/economy/policy/not-just-problem-boy-el-nino-heres-another-disruptor-for-indias-economy/articleshow/103203900.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst https://economictimes.indiatimes.com/news/economy/policy/not-just-problem-boy-el-nino-heres-another-disruptor-for-indias-economy/articleshow/103203900.cms Clipped from: https://economictimes.indiatimes.com/news/economy/policy/not-just-problem-boy-el-nino-heres-another-disruptor-for-indias-economy/articleshow/103203900.cms Synopsis El Nino and the Madden Julian Oscillation (MJO) are causing below-normal rainfall in India, which could lead to

Home textiles industry to post revenue growth of 7-9% this fiscal, operating profitability to improve by 150-200 bps | The Financial Express

https://www.financialexpress.com/business/industry-home-textiles-industry-to-post-revenue-growth-of-7-9-this-fiscal-operating-profitability-to-improve-by-150-200-bps-3227620/ Clipped from: https://www.financialexpress.com/business/industry-home-textiles-industry-to-post-revenue-growth-of-7-9-this-fiscal-operating-profitability-to-improve-by-150-200-bps-3227620/ The operating profitability of the home textile segment will improve 150-200 basis points to 14.0-14.5 per cent, on the back of lower

Indian authorities raise concerns over exporters’ data collection by EU through CBAM – The Hindu BusinessLine

https://www.thehindubusinessline.com/companies/indian-authorities-raise-concerns-over-exporters-data-collection-by-eu-through-cbam/article67230405.ece Clipped from: https://www.thehindubusinessline.com/companies/indian-authorities-raise-concerns-over-exporters-data-collection-by-eu-through-cbam/article67230405.ece Concerns also surround potential breaches of competitiveness principles Indian authorities have expressed reservations regarding the data collection by the European Union from

India Inc’s external borrowings down 68% in July – The Hindu BusinessLine

https://www.thehindubusinessline.com/companies/india-incs-external-borrowings-down-68-in-july/article67249022.ece Clipped from: https://www.thehindubusinessline.com/companies/india-incs-external-borrowings-down-68-in-july/article67249022.ece During the reporting month, India Inc raised ECBs totalling $2.07 billion under the approval route and $485 million under the automatic route

Companies allege getting show-cause notice for prosecution after depositing TDS with late penalty – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/companies-allege-getting-show-cause-notice-for-prosecution-after-depositing-tds-with-late-penalty/article67244567.ece Clipped from: https://www.thehindubusinessline.com/economy/companies-allege-getting-show-cause-notice-for-prosecution-after-depositing-tds-with-late-penalty/article67244567.ece IT Department says not a general trend Companies even after depositing TDS with penal interest are getting show-cause notice from Income Tax

Paint industry evolves: New players and acquisitions reshape market dynamics – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/paint-industry-evolves-new-players-and-acquisitions-reshape-market-dynamics/article67244623.ece Clipped from: https://www.thehindubusinessline.com/economy/paint-industry-evolves-new-players-and-acquisitions-reshape-market-dynamics/article67244623.ece Grasim Industries’ entry, acquisitions, and expanding market leaders are reshaping the competitive landscape of the paint industry, driving consolidation and challenging established

IBC | Firms show marked improvement in post-resolution phase: Study – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/ibc-firms-that-have-been-through-resolution-process-have-reverted-to-being-productive-efficient-study/article67243775.ece Clipped from: https://www.thehindubusinessline.com/economy/ibc-firms-that-have-been-through-resolution-process-have-reverted-to-being-productive-efficient-study/article67243775.ece Aggregate market capitalisation of ₹4 lakh crore added by firms in post-resolution phase, the IIM Ahmedabad study says Firms that have been

Start-up sisters wait to be funded, feted – The Hindu BusinessLine

https://www.thehindubusinessline.com/specials/emerging-entrepreneurs/start-up-sisters-wait-to-be-funded-feted/article67241232.ece Clipped from: https://www.thehindubusinessline.com/specials/emerging-entrepreneurs/start-up-sisters-wait-to-be-funded-feted/article67241232.ece Women founders remain a minuscule few in India, battling everything from perception to lack of financial muscle Enterprising edge: (Clockwise from top

Banks can put money into stalled real estate projects to make them viable – The Hindu BusinessLine

https://www.thehindubusinessline.com/news/real-estate/banks-can-put-money-into-stalled-real-estate-projects-to-make-them-viable/article67241155.ece Clipped from: https://www.thehindubusinessline.com/news/real-estate/banks-can-put-money-into-stalled-real-estate-projects-to-make-them-viable/article67241155.ece IBA has estimated that 4.12 lakh stressed dwelling units involving ₹4.08 lakh crores are impacted in various stalled real estate projects Banks

Banks working on digitising locker agreements  – The Hindu BusinessLine

https://www.thehindubusinessline.com/money-and-banking/banks-working-on-digitising-locker-agreements/article67241492.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/banks-working-on-digitising-locker-agreements/article67241492.ece According to sources, individually banks may not have obtained signatures of even 30 per cent of existing locker holders for the revised

Hotels ramp up hiring to support record room addition in 2023 – The Hindu BusinessLine

https://www.thehindubusinessline.com/companies/hotels-ramp-up-hiring-to-support-record-room-addition-in-2023/article67241248.ece Clipped from: https://www.thehindubusinessline.com/companies/hotels-ramp-up-hiring-to-support-record-room-addition-in-2023/article67241248.ece Hotels are also adjusting their workplace policies to retain staff and attract new talent Hotel chains have stepped up recruitment, as they are expected

Supply-side issues on top priority as Govt unleash measures to control food inflation – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/supply-side-issues-on-top-priority-as-govt-unleash-measures-to-control-food-inflation/article67241326.ece Clipped from: https://www.thehindubusinessline.com/economy/supply-side-issues-on-top-priority-as-govt-unleash-measures-to-control-food-inflation/article67241326.ece Micro-monitoring has been started to check any malpractices that could disrupt domestic supplies. Close after Prime Minister Narendra Modi announced that the

China’s worsening economic slowdown is rippling across the globe – The Hindu BusinessLine

https://www.thehindubusinessline.com/news/world/chinas-worsening-economic-slowdown-is-rippling-across-the-globe/article67243645.ece Clipped from: https://www.thehindubusinessline.com/news/world/chinas-worsening-economic-slowdown-is-rippling-across-the-globe/article67243645.ece Policymakers are bracing for a hit to their economies as China’s imports of everything from construction materials to electronics slide China’s economy

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