Manufacturing Today, organized a webinar on the topic of Supply Chain Management: A New Age Awaits! The webinar touched upon the latest disruptions in the supply chain management and how the industry is dealing with it.
Like most employees in corporate India, Deepak Pandit was eagerly awaiting his appraisal in March. Pandit, 31, who works with an MNC in the infrastructure sector, had been told he’d get a promotion and an increment.
Bonds sold off on Monday with the benchmark yield spiking a sharp 20 basis points to 6.17% after the government on Friday said it would tap the markets for an additional Rs 4.2 lakh crore this fiscal.
Top bankers are trying to figure out if they can have a bad bank to which they can hive off assets that have already provided for and create an asset reconstruction company that buys those assets and an asset management company which can sell those assets.
The Centre on Friday jacked up its borrowing target for the fiscal by Rs 4.2 lakh crore to Rs 12 lakh crore, setting the stage for a large fiscal slippage, with revenue calculations going awry because of the lockdown.
India’s central bank may abandon years of austerity to vacuum up government debt directly after Prime Minister Narendra Modi’s administration raised its borrowing target to $159 billion, according to market participants.
The government’s decision to increase its planned borrowings for 2020-21 by a steep 54 percent to Rs 12 lakh crore shows that the headline fiscal deficit for the year could be at least 2 percentage points wider than budgeted, according to economists.
Over the last few weeks, Indian badminton star PV Sindhu has been shooting short videos and re-sharing content for
With the Centre lacking resources to provide a large fiscal stimulus to the virus-battered economy, experts recommended pledging of shares of state-run companies with
Reliance Industries’ (RIL) entry may have intensified India’s online grocery delivery war, but success is far from guaranteed for the company owned by the country’s richest man.
The government revises the FY21 borrowing target to Rs 12 lakh crore. Ira Dugal discusses the implications on the bond market
Banks are putting a lot of money with RBI with Reverse Repo rate. Yesterday the money that went through that window crossed 8.4 Lakh Crore. Let’s find out the reason with Ananth Narayan, Professor at SPJIMR
The Reserve Bank of India (RBI) sold a net $500 million in the overseas currency-derivatives market in March, the biggest such intervention in at least a year, to ensure that the
Opposition-ruled states including Punjab, Kerala and Delhi pitched for extension of goods and services tax compensation to the states for two years beyond 2022 to tide over the crunch they may face in the post-Covid-19 scenario.
Market participants say the demand is still concentrated within the top-rated papers. Papers that fall within the investment grade category but are rated below AA+ are still finding it hard to get traded.
Experts said the debacle at Franklin could lead to redemption from other debt schemes. Investors could lose a big chunk of the Rs 25, 800 crore worth of assets held in the six debt schemes that Franklin has wound down.
Franklin Templeton closing six of its schemes was not about bad credit but heavy redemptions had made the situation challenging amid the coronavirus crisis, said Ananth Narayan, professor, SPJIMR, adding that he expects the RBI and government to step in to ensure liquidity.
The Reserve Bank of India (RBI) is actively considering introducing Standing Deposit Facility (SDF) for liquidity management, based on which banks can park as much money as they want without getting collateral, and at a lower rate than the reverse repo.