Economy

Corp bonds spread at pre-COVID-19 level Fresh bond issuances are expected to rise to Rs.8.0-8.2 trillion during this fiscal, up from Rs.6.55 trillion during FY2020, estimates ICRA Ratings. With estimated redemption of Rs.4.95 trillion in FY2021, the volume of corporate...

Asia-Pacific will be more vibrant for the global economy The Government wants to recognize investors in India by providing better logistics and much better infrastructure, assured Dr. Rajiv Kumar, Vice Chairman, NITI Aayog. To this effect, the government has brought...

India: food bowl for the world President FICCI Dr Sangita Reddy has called for a vigorous push to economic growth agenda, citing green shoots of recovery. “It's clearly time for bold actions on the livelihood front. The recent monetary policy...

Czech Framework on Circular Economy in early 2021 Engineers from the Czech Republic have helped the Indian industry build an industrial base, and more than 100 companies have been formed with Czech participation, says a Deputy Minister for European Union...

Survey suggests improving bureaucratic processes Sixty-six percent of businesses based in the United Kingdom believe it is getting easier to do business in India due to progressive reforms and improvements in components of the country’s business environment such as the...

Govt accepts IFSCA recommendations For the first time in India, a single regulator will be regulating both the bullion spot and derivative contracts that would be traded on an exchange at the Gujarat International Finance Tec-City's International Financial Services Centre...

A circular economy model will provide more jobs AIM (Atal Innovation Mission) is to hold the India–Australia Circular Economy Hackathon (I-ACE) with Australia’s Commonwealth Scientific and Industrial Research Organisation (CSIRO) on 7-8 Dec 2020. Conceived during a virtual summit on...

Raise money by issuing bonds in overseas markets A business leader has called on the Government for a policy on refueling consumption demand in the country to regain the lost economic growth momentum. Making the call, Sanjay Aggarwal, President, PHD...

Compulsory for listed companies to disclose forensic audit The Securities and Exchange Board of India (SEBI) has tightened the noose for early detection and disclosure of Financial Frauds, compelling listed companies to disclose initiation of forensic audit along with reason...

Increased investors confidence reflected in the recovery Domestic securitisation volumes have more than doubled to ~Rs.15,200 crore in Q2 of FY2021 from Q1 FY2021’s ~Rs.7,500 crore, supported by reduced investor wariness as well as increase in disbursements by non-banking financial...