The current debt-to-asset ratio of Indian corporates is 19 per cent. Indian corporates have a lot of headroom to raise resources through debt to help stimulate investments and growth. It is estimated that corporate leverage drags growth beyond debt equity ratio levels of around 60 per cent and debt to assets ratio of 28 percent.… Continue reading Indian corporates have more headroom to borrow: Study
Author: Economic Times of India Online News
Economic trends that may dominate the minds of investors in 2022
The year 2021 has proven to be like the Samudra Manthan in Hindu history, according to which the churning of the ocean of milk released both Amruta (sweet nectar of life) and the Halahala (lethal poison). On one hand, the year saw the lethal second wave of Covid and on the other, a never-seen-before buoyant… Continue reading Economic trends that may dominate the minds of investors in 2022
India will take ties to next level, with focus on commerce, connectivity: Jaishankar
External Affairs Minister (EAM) S Jaishankar Assuring India’s readiness to take diplomatic relations to the next level, External Affairs Minister (EAM) S Jaishankar on Sunday said that India-Central Asia relations must focus on 4Cs — Commerce, Capacity enhancement, Connectivity and Contacts. In opening remarks at the 3rd meeting of the India-Central Asia Dialogue, the minister… Continue reading India will take ties to next level, with focus on commerce, connectivity: Jaishankar
Lack of robust road connectivity to ports major bottleneck for shipping sector: Par Panel
Asserting that lack of robust road connectivity to ports is one of the major bottlenecks faced by the shipping sector in India, a parliamentary panel has expressed concern over slow progress of port connectivity roads under Bharatmala Pariyojana. The panel also expressed concern over various hindrances being faced in the filling up of vacancies in… Continue reading Lack of robust road connectivity to ports major bottleneck for shipping sector: Par Panel
CEOs expect 9-10% growth in current fiscal: CII poll
As regards growth, about 10% of the CEOs polled believe that it could even exceed 10% during 2021-22, the CII said in a release on Sunday. Indian economy is all set for a strong rebound in the current fiscal posting a growth rate of 9-10 per cent, says a CEOs poll conducted among the members… Continue reading CEOs expect 9-10% growth in current fiscal: CII poll
4 labour codes likely to be implemented by FY23 as many states ready draft rules
The report further said that Bihar, Uttar Pradesh and Jharkhand, the other three states topping the e-Shram portal begets the trend, with Uttar Pradesh adding to the labour force and Bihar and Jharkhand witnessing a high unemployment rate. The four labour codes on wages, social security, industrial relations and occupation safety, health and working conditions… Continue reading 4 labour codes likely to be implemented by FY23 as many states ready draft rules
Twelve times Elon Musk moved markets in 2021
It’s Zaheer. On December 10, Elon Musktweeted that he was considering quitting his “jobs” and becoming an influencer full-time. He was joking, of course, and thank god for that. Because even as a part-time influencer, the world’s richest person has managed to move markets at least once every month this year. Here’s a recap: Elon… Continue reading Twelve times Elon Musk moved markets in 2021
FII selling throwing up a compelling opportunity for long-term investors
As markets globally continued to navigate currents surrounding inflation, monetary policies and Omicron, the beacon of pessimism was passed on to the domestic bourses as well. FIIs have been withdrawing funds every single day this month. As markets globally continued to navigate currents surrounding inflation, monetary policies and Omicron, the beacon of pessimism was passed… Continue reading FII selling throwing up a compelling opportunity for long-term investors
People pressure governments worldwide to act on inflation
With inflation at the highest level in 39 years, US President Joe Biden has released 50 million barrels of oil from the US strategic petroleum reserve in a bid to ease energy costs and announced a deal to make the Port of Los Angeles run 24/7 to ease supply backlogs. By Joseph Wilson Barcelona Oscar… Continue reading People pressure governments worldwide to act on inflation
Peru’s Congress rejects plan to hike taxes on mining sector
Earlier this week, lawmakers had removed any mention of a modification to the mining tax regime during committee discussions, and the final text voted on by Congress did not mention mining. LIMA: Peru’s Congress on Friday rejected the government’s plan to hike taxes on mining companies, although it allowed for taxes to be raised in… Continue reading Peru’s Congress rejects plan to hike taxes on mining sector