Category: Financial News Analysis

Financial News Analysis – 25th August 19 | PDF Download

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  Tourist’s Own Country   If millions of Indians simply went on vacations, visiting domestic tourist destinations, would that energise India’s slowing economy?  Could the economy bounce back not because people were working harder, but because they decided to take a break from work and instead went on a ‘Char-Dham Yatra’? The answer to both …

Financial News Analysis – 23rd August 19 | PDF Download

Saily Finaencial news 23nd August 2019

Hero Mind Mine Summit 2019 Chief economic advisor Krishnamurthy  Subramanian: government intervention to bail out the private sector every time it goes through a “sunset phase” creates a “moral hazard” and is an “anathema” for the market economy.  Power Secretary Subhash Chandra Garg  reduction in interest rates and easier availability of credit to the private …

Financial News Analysis – 22nd August 19 | PDF Download

Saily Finaencial news 22nd August 2019

INX Media case Delhi High Court on Tuesday rejected P Chidambaram’s  anticipatory bail application in two cases of alleged corruption and money laundering linked to INX Media. Calling it a “classic case of money laundering”, the court said that “facts… prima facie reveal” that Chidambaram is the “kingpin, that is, the key conspirator in the …

Financial News Analysis – 21st August 19 | PDF Download

Daily Financial News 21 h August 2019

Urbanise India to fight poverty     The world is at 55.3% urbanisation on  average.  India lags at 34% Keeping a majority of India’s population in  villages has resulted in high inequity.  India must systematically urbanise and  provide mass-employment to its large population in high-growth sectors like industry and services. Can India grow enough food …

Financial News Analysis – 20th August 19 | PDF Download

Daily Financial News 20 h August 2019

Cheaper loans The RBI governor speaking at Fibac 2019, an annual event organised by the Federation of Indian Chambers of Commerce & Industry (Ficci) and Indian Banks’ Association (IBA). The central bank is looking to formalise  policies to link loan rates to an external benchmark like the repo so as to speed up transmission.  The …

Financial News Analysis – 19th August 19 | PDF Download

Dalily Financial News 19 th 2019

Mobile phone exports Committee headed by NITI Aayog CEO Amitabh Kant.  The committee was set up in the context of The failure of India’s phasedmanufacturing-programme (PMP) for mobiles While production of mobile handsets grew rapidly, so did imports. Committee is expected to make  its recommendations soon on how to jump-start India’s exports of mobile phones …

Financial News Analysis – 17th August 19 | PDF Download

Daily Financial 17August 2109

GST losses  States have appealed to the 15th Finance Commission (15-FC)  What they have said in their appeal? States want 15FC to to recommend extending the time period for which they would be compensated up to 14% revenue growth in the event of a shortfall in GST collections. To understand this we have to understand …

Financial News Analysis – 16th August 19 | PDF Download

Daily Financial 16August 2109

Economy target Prime minister Modi has set a GDP target of $5 trillion for 2024-25. This translates to nominal growth rate of around 12%, assuming minimum change in the value of Indian rupee vs the dollar. Amitabh Kant: ‘export or perish’ Global economy slowdownØ    5 most affected sectors     1.Electrical and electronic machinery …

Financial News Analysis – 15th August 19 | PDF Download

Daily Financial 15 August 2109

PM-KUSUM Ministry of New and Renewable Energy (MNRE) recently rolled out a massive solarpump programme called the PM-KUSUM scheme. Target: set up 25,750 megawatts (MW)  solar capacity by 2022 to power irrigation pumps, with central financial support of Rs 34,422 crore.  It includes installation of 1.75 million offgrid and 1 million on-grid solar pumps. 10,000 …

Financial News Analysis – 22nd July’19 | PDF Download

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  Centre wants States to spend on DEFENCE   State governments should contribute in boosting capital expenditure on defence Better equip the country’s armed forces Last week’s Cabinet decision: to widen the 15th Finance Commission’s terms of reference (ToR) Centre asked Commission: can some amount can be set aside for the defence forces? May face …