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- Government open to more measures to boost economy: CEA K V Subramanian June 20, 2021CEA K V Subramanian added that the demand for a fresh stimulus package has to be considered against the backdrop of a host of initiatives taken by Finance Minister Nirmala Sitharaman in her budget for 2021-22 presented in February.
- Consumer demand may rebound strongly in Q2 this fiscal, says Trent Chairman Noel N Tata June 20, 2021With growth drivers such as favourable demographics, increasing per capita and disposable income, and growing consumption, India is expected to return to a strong growth trajectory, despite uncertainty over near-term outlook, he added.
- Insolvency law changing the way society perceives business failures, says M S Sahoo June 20, 2021Little over five years after its enactment, the Insolvency and Bankruptcy Code (IBC), which provides a time-bound and market-linked framework for resolution of stressed assets, has passed the constitutional muster.
- Labour ministry mulls extending ABRY deadline till March 2022 to boost fresh hiring June 20, 2021Under the ABRY approved by the Union Cabinet in December last year, the government pays mandatory employees provident fund contributions of workers as well as employers for new recruits for a period of two years.
- SEBI halts PNB Housing Finance's Rs 4,000 crore deal with Carlyle Group June 20, 2021The market regulator has said preferential issue shall not be acted upon till the company undertakes valuation of shares from an independent registered valuer.
- Recent GST clarifications and their impact: Tax relief in milling, pharma, education, food sectors June 20, 2021CBIC clarified that GST would not be levied on services provided by the Central or State Boards, including NBE, in the conduct of examinations for students including entrance exams
- No intention of delaying fixing minimum wages and national floor wages: Labour Ministry June 19, 2021Earlier this month, the Centre constituted an expert group under the chairmanship of economist Ajit Mishra to provide technical inputs and recommendations on fixing these wages. The tenure of the group is three years.
- Normal monsoon to support economic recovery; will agri commodity price rally continue in coming days? June 19, 2021At a time when the Second Covid wave is spreading across the country, the good news is that both the IMD and private weather forecaster Skymet have predicted that India is likely to have a normal monsoon
- Fiscal policy needs to address triple whammy of inflation, low growth, threat of capital outflows June 19, 2021With both stagflation and the trilemma rearing their ugly heads at the same time it is difficult to see what more the central bank can do.
- Price Pressure: Bonds spike on inflation discomfort June 19, 2021A surge in retail inflation reading this week revives debate among sovereign bond traders on how long the RBI could retain its dovish policy stance.