Cover Story
- Move to set up an ARC/AMC as a proxy for bad bank and a Development Financial Institution is aimed at taking the load of risky assets from banks. It is easier said than done
- The Economic Survey 2020/21 suggests that big spends in infrastructure and healthcare should be the government's priority to speed up post-pandemic recovery. Debt, according to the Survey, is not necessarily bad if borrowing more means faster growth
- In spite of criticism and Opposition jibes, the Centre commits itself to selling most PSUs; sets ambitious disinvestment target for FY22
- With record healthcare expenditure and allocations focussing on mitigating the impact of Covid-19, it's a shot in the arm for the sector
- FM bets big on infrastructure with focus on asset monetisation and sharp rise in allocations to highways and railways
- The Budget focuses on growth to create jobs but lacks holistic measures to solve the problem of massive unemployment
- The FM has set the stage, but timely execution is critical
- Dalal Street gave a big thumbs-up as Finance Minister Nirmala Sitharaman shifted gears towards demand generation in the economy, without raising taxes
- Economists, CEOs, consultants, sector specialists interpret Nirmala Sitharaman's 'Never-before' Budget
- Income-tax slabs unchanged, but small taxpayers will enjoy procedural relief in filing ITR and resolution of disputes; High-income earners may feel the pinch though
- The policy for $6-billion-per-annum domestic vehicle scrapping and recycling market has raised hopes of sustainable recovery for the down-and-out automobile industry
Fox, The Passionate Surfer
Neil Fox, CTO, Hexaware, tries to surf four-five times a year, his favourite site being Hawaii "I downloaded videos from YouTube and started doing them on my own. I have seen big changes in myself mentally and physically in the last nine months," says Anuj Mathur The 51-year-old Anil Rai Gupta, MD, Havells India, is an avid singer and loves to record his own songs
Trade With Caution
Equity markets have hurtled past their January 2020 peak but offer limited upside from hereon
"We Need to Reach Out to Millennials Globally"
Bata shoes are an integral part of almost every school-goer's life in India. That is why most Indians believe that the brand - founded in what is now the Czech Republic in 1894 and headquartered in Lausanne, Switzerland - is local, despite operating in over 70 countries
Input Troubles
A significant spike in prices of key raw materials post lockdown has thrown a curveball at the revival story of India Inc
Missing Credit
Bank credit growth shows signs of uptick, backed by retail and agri loans, but is expected to remain muted in FY21 due to asset quality pressures
Shedding Baggage
Budget 2021 has re-imagined both spending and borrowing and reposed faith in large-scale infrastructure building and healthcare as well as bold disinvestment to trigger economic growth and consumption cycle in the economy. That's just what the doctor ordered
Flows Into Non-dollar Assets Should Be Positive for EMs
If emerging markets can get their policy and rule of law act together, they will become a long playing bull market
