Clipped from: https://www.thehindubusinessline.com/economy/logistics/goair-auditors-raise-going-concern-doubts-as-net-worth-erodes-in-fy20/article33465567.ece?homepage=true GoAir’s poor financial health and the ongoing Covid-19 pandemic have led the low-cost carrier’s independent auditors to cast doubts on whether it can
Five of eight core sectors contract in November – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/five-of-eight-core-sectors-contract-in-november/article33466076.ece?homepage=true core-sector-steel core-sector-steel× India’s key infrastructure sectors contracted for the ninth consecutive month in November, posting a steeper decline of 2.6 per cent year-on-year
Widen the net | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/widen-the-net-120123101361_1.html Telcos should rationalise tariffs and increase investment The latest announcement by Reliance Jio that all voice calls from its network within the country would be
‘Next decade belongs to small businesses but here’s how they can navigate ‘techade’ in new normal’ – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-eodb-next-decade-belongs-to-small-businesses-but-heres-how-they-can-navigate-techade-in-new-normal/2160585/ Ease of Doing Business for MSMEs: Black Swan moments disrupt the status quo but they also provide newer opportunities. SMEs would do well
‘MSMEs to decide whether India taps or loses opportunity to deliver what world maybe seeking’ – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-fin-msmes-to-decide-whether-india-taps-or-loses-opportunity-to-deliver-what-world-maybe-seeking/2161395/ Credit and Finance for MSMEs: MSMEs in India can truly thrive in 2021 only if they understand the need to adapt and embrace
There is no SME-focused end-to-end insurance buying platform in India: ICICI Lombard’s Sanjeev Mantri – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-tech-there-is-no-sme-focused-end-to-end-insurance-buying-platform-in-india-icici-lombards-sanjeev-mantri/2161926/ Technology for MSMEs: For SMEs, ICICI Lombard had earlier launched its automated bot platform, MyRA (My Remote Assistant) to get policy quotes via
Allowing corporate houses in banking: With the needed safeguards, it may not be a bad idea after all – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/allowing-corporate-houses-in-banking-with-the-needed-safeguards-it-may-not-be-a-bad-idea-after-all/2161878/ While connected and circular lending, and credit misallocation and conflict of interest are real risk scenarios, credit crunch especially for MSMEs is also
63 moons moves NCLT seeking recovery for DHFL creditors – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/63-moons-moves-nclt-seeking-recovery-for-dhfl-creditors/2161949/ “The benefit of avoidance applications for approximately Rs 30,000 crore filed by DHFL administrator under section 66 of Insolvency and Bankruptcy Code (IBC)
Which developing economies will rise after the pandemic? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/which-developing-economies-will-rise-after-the-pandemic/articleshow/80041079.cmsSynopsis The pandemic is accelerating the adoption of digital technology, which has a particularly strong effect on immature economies. Digital technology is unlikely to
Happy New Year By Design, Not Chance–economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/happy-new-year-by-design-not-chance/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The year that has gone by is very
Let’s not bargain off health, environment–economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/lets-not-bargain-off-health-environment/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The ‘consensus’ on stubble burning and free power
taxes: RoDTEP scheme on all export goods from January 1, 2021 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/government-extends-benefits-of-tax-refund-scheme-to-all-export-goods/articleshow/80050267.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The scheme, it said, would refund to exporters the embedded central, state and local duties and taxes that were so far not being
Unemployment rate in urban areas for Jan-Mar 2020 rose to 9.1% – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/unemployment-rate-in-urban-areas-for-jan-mar-2020-rose-to-9-1/articleshow/80049452.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis However, the sample size was lower in the survey compared to the previous four quarters and consisted of 1.73 lakh people and 43,971
Bitcoin hits new record, set for biggest monthly gain since 2019 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/bitcoin-hits-new-record-set-for-biggest-monthly-gain-since-2019/articleshow/80025532.cmsSynopsis The digital asset surged above $28,000 Wednesday to a record high, adding to its 47 per cent rally so far in December. Bitcoin,
Don’t leave everything to the RBI is Duvvuri Subbarao’s Budget tip to Nirmala Sitharaman – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/dont-leave-everything-to-the-rbi-is-duvvuri-subbaraos-budget-tip-to-nirmala-sitharaman/articleshow/80024846.cms?utm_source=ETTopNews&utm_medium=HP&utm_campaign=TN&utm_content=23Synopsis In an interview with ET Now, former RBI governor Duvvuri Subbarao, emphasised on the need for the government to loosen its purse strings
India’s April-November fiscal deficit tops 135% of full-year target – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/indias-april-november-fiscal-deficit-tops-135-of-full-year-target/articleshow/80045933.cmsSynopsis Net tax receipts were 6.88 trillion rupees, while total expenditure came to 19.06 trillion rupees, the data showed. The Union government’s fiscal deficit soared to
Labour ministry issues guidelines for Atma Nirbhar Bharat Rozgar Yojana – The Economic Times
Clipped from: https://economictimes.indiatimes.com/jobs/labour-ministry-issues-guidelines-for-atma-nirbhar-bharat-rozgar-yojana/articleshow/80046682.cmsSynopsis The scheme was announced in November to incentivise formal job creation in the country and subsequently approved by the Cabinet in early December.
Financial inclusion: View: How the concept of ‘financial inclusion’ must be revisited with an emphasis on the poor – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-how-the-concept-of-financial-inclusion-must-be-revisited-with-an-emphasis-on-the-poor/articleshow/79648763.cms SynopsisA key decision variable when you decide whether or not to accept the EMI plan is the effective interest rate charged. Car loans
New six-month window: India Inc allowed to hold Board meetings via video conferencing till June 30 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/new-six-month-window-india-inc-allowed-to-hold-board-meetings-via-video-conferencing-till-june-30/article33465071.ece?homepage=true Video conferencing option for Board meetings should be legislated, suggest company law experts This is the fourth time that MCA is extending this
Video | ‘Need a dedicated SC Bench or Tribunal to resolve GST disputes’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/multimedia/video/knowledge-series/video-need-a-dedicated-sc-bench-or-tribunal-to-resolve-gst-disputes/article32707767.ece To tackle GST-related disputes, India must go in for a special Bench at the Supreme Court level or a dedicated GST Tribunal, S
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