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- Flush with cash, Indian companies eye capex, investment push October 22, 2021Executives of big business groups confirmed that investments were on the rise following the abatement of the pandemic.
- India hopeful of early outcome on TRIPS waiver proposal at WTO October 21, 2021India and South Africa had last year proposed waiver of certain provisions of copyrights, industrial designs, patents and protection of undisclosed information in the Trade-Related aspects of Intellectual Property Rights (TRIPS) agreement for prevention, containment or treatment of Covid-19. It is now sponsored by 64 WTO members.
- All indicators pointing towards sharp economic recovery: Piyush Goyal October 21, 2021Piyush Goyal said forex reserves have constantly grown from USD 433 billion in September 2019 to USD 638 billion in September this year, while FDI inflows in the first four months of the current fiscal rose by 62 per cent, which is higher than the corresponding figure last year.
- India's strong external position to keep taper tantrum at bay October 21, 2021Foreign portfolio investors have put in a net of $273 million in the four trading sessions through a combination of instruments-equity, debt, voluntary retention route (VRR) as well as the hybrids, since the FOMC meeting on October 12, data from NSDL shows.
- With recovery widening, Icra sees Q2 GDP at 7.7% October 21, 2021The economic recovery has widened in Q2 as the crisis wrought by the second wave has abated, with a larger number of sectors bettering their pre-pandemic performance, relative to Q1, Icra Rating chief economist Aditi Nayar said in a note on Thursday.
- CCEA decision: Cabinet secretary-led group to review PM GatiShakti roll-out October 21, 2021The EGOS will be headed by the cabinet secretary and consist of secretaries of 18 ministries as members and the head of the commerce ministry’s logistics division as convenor. It will review the implementation of the programme and prescribe norms for undertaking any subsequent amendments to it.
- WTO ministerial: Fishery subsidy, patent waiver to fight Covid likely to top agenda October 20, 2021The 12th ministerial conference of the WTO will be held in Geneva from November 30 to December 3.
- Meet festive demand, lend liberally, PSBs told October 19, 2021The finance ministry has also asked ministries of agriculture, labour, housing, health and rural development to help bolster the number of beneficiaries for insurance as well as pension outreach as well.
- Interview: Sudhir Kapadia, EY India Tax Leader – ‘OECD tax deal directionally good for India; being a large market, the country stands to gain’ October 19, 2021According to the latest OECD framework agreement, Pillar One will apply to multinational enterprises (MNEs) with profitability above 10% and global turnover above €20 billion.
- Moody’s upgrades banking system outlook to ‘stable’ October 19, 2021Earlier this month, Moody's revised up its outlook for India to “stable” from “negative” after almost two years, although it retained the sovereign rating at the lowest investment grade of Baa3.