Clipped from: https://www.thehindubusinessline.com/portfolio/news-analysis/jet-airways-20-many-challenges-on-the-horizon-still/article32894263.ece?homepage=true Jet Airways’ disastrous performance in FY2019 can be attributed to a sharp 14 per cent y-o-y jump in total expenses to ₹28,142 crore even
Videocon lenders may turn down Dhoots’ proposal to repay debt – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/videocon-lenders-may-turn-down-dhoots-proposal-to-repay-debt/article32894794.ece?homepage=true Lenders to Videocon Industries are unlikely to accept a proposal by the company’s promoters to repay about ₹30,000 crore for taking back control of
Duty-remission scheme for exports to start with 3 sectors – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/panel-to-fix-rates-for-three-sectors-first/article32894881.ece?homepage=true Focus on readymade garments, iron and steel, automobiles and components The new Remission of Duties or Taxes on Export Products (RoDTEP) scheme for
Centre nudges 2,800 large corporates to clear dues of MSMEs by Oct-end – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/centre-nudges-2800-large-corporates-to-clear-dues-of-msmes-by-oct-end/article32894879.ece?homepage=true Encouraged by the strong response from the top 500 companies to its earlier entreaty to clear dues of MSMEs, the Ministry of Micro,
Assessing hit on economy, will share GDP estimate in time: FM – The Hindu
Clipped from: https://www.thehindu.com/business/Economy/assessing-hit-on-economy-will-share-gdp-estimate-in-time-fm/article32895474.ece ‘Policy soon to identify sectors where PSEs are needed’ The government has just begun its own assessment of India’s growth prospects for this
A tool for thought: On coronavirus pandemic in India – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/a-tool-for-thought-on-coronavirus-pandemic-in-india/article32895575.ece Pandemic forecasts must be used to induce changes and avoid worst-case scenarios A committee of experts — well-regarded mathematicians and infectious disease experts
More than half of farmers oppose farm laws: survey – The Hindu
Clipped from: https://www.thehindu.com/news/national/more-than-half-of-farmers-oppose-farm-laws-survey/article32895144.ece?homepage=true Almost 40% fear new laws will end state-run markets More than half of Indian farmers oppose the three farm reform laws passed by
The dark side of low interest rates | Business Standard Column
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
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%
Transparent taxation: Withdraw untenable tax litigation – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/transparent-taxation-withdraw-untenable-tax-litigation/2108615/ While the faceless assessment and appeals is welcome and could prevent harassment, all pending appeals should be cleared urgently to give succour to
Customs clearance: Heartless, not faceless; why has faceless assessment brought so much angst to trade? – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/customs-clearance-heartless-not-faceless-why-has-faceless-assessment-brought-so-much-angst-to-trade/2109471/ Customs clearance is not just assessment, but is all about logistics and supply chain management, of which customs and payment of duties/taxes is
‘Imperfect yet small gains from labour codes shall drive MSMEs forward’ – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-eodb-imperfect-yet-small-gains-from-labour-codes-shall-drive-msmes-forward/2104248/ Ease of Doing Business for MSMEs: There are many reasons why many of India’s 63 million enterprises are dwarfs (small that stay small)
MSMEs’ long term recovery likely ahead but subdued demand, lower disposable income among key issues – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-msmes-long-term-recovery-likely-ahead-but-subdued-demand-lower-disposable-income-among-key-issues/2109233/ Ease of Doing Business for MSMEs: Lack of technical expertise might continue to be a hurdle for MSMEs to adopt digital technology to
Post-Covid ailments may last for life: Dr Randeep Guleria, Pulmonology specialist and AIIMS Director – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/post-covid-ailments-may-last-for-life-dr-randeep-guleria-pulmonology-specialist-and-aiims-director/articleshow/78337986.cmsSynopsis “Such issues get resolved in about six weeks in most cases. We advise them to exercise, have a diet with green leafy vegetables
CPSEs clear dues worth Rs 13,400 crore to MSMEs in last five months: Govt – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/cpses-clear-dues-worth-rs-13400-crore-to-msmes-in-last-five-months-govt/articleshow/78743746.cmsSynopsis It is mandatory for all CPSEs and the companies with turnover of more than Rs 500 crore to join this platform. However, many
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
NCLT approves JSW Steel’s resolution plan for Asian Colour Coated Ispat Ltd – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/nclt-approves-jsw-steels-resolution-plan-for-asian-colour-coated-ispat-ltd/articleshow/78748365.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis In the year 2018, ACCIL was part of the Reserve Bank of India’s second list of defaulters that banks were asked to take
Hospitalised COVID-19 patients can have ongoing symptoms for months: Oxford study – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/world-news/oxford-university-says-covid-19-patients-experience-symptoms-months-after-contracting-virus/articleshow/78751260.cmsSynopsis The scientists also detected abnormalities in multiple organs and believe persistent inflammation may be a factor for COVID-19 survivors, the university said in
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
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