Best of BS Opinion: Increased Interest Rates, Increased GST, etc.
Posted onAuthorJoshua R. ArnoldComments Off on Best of BS Opinion: Increased Interest Rates, Increased GST, etc.
The Modi government welcomes the constant improvement in the collection of the goods and services tax. It is seen as a revenue cushion for public finances and as a sign of an economic recovery. But, argues AK Bhattacharya, these perceptions may not be fully justified. He explains why here
In other views:
the top edit points out that the markets will have to adapt to tighter financial conditions in the coming months, which could lead to a correction in valuations. Read it here
the second edition says the production of biomedical waste has grown significantly since the Covid-19 outbreak, but treatment guidelines are being followed primarily in the breach. Read it here
R Gopalakrishnan examines whether the professional CEO can be entrepreneurial and vice versa. Read it here
QUOTE OF THE DAY
“Because of the neglect of the Dalits, the arrears, the farmers, the unemployed, the young people as well as the small traders, I am resigning from the cabinet of Uttar Pradesh”
Swami Prasad Maurya, UP minister, who joined the Samajwadi party
Business Standard has always strived to provide up-to-date information and commentary on developments that matter to you and have broader political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering has only strengthened our resolve and commitment to these ideals. Even in these difficult times resulting from Covid-19, we remain committed to keeping you informed and updated with credible news, authoritative views and cutting-edge commentary on relevant current issues. However, we have a demand.
As we fight the economic impact of the pandemic, we need your support even more so that we can continue to provide you with more quality content. Our subscription model has received an encouraging response from many of you who have subscribed to our online content. More subscriptions to our online content can only help us achieve the goals of providing you with even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practice the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
The Federal Reserve raised its benchmark rate by a quarter of a percentage point on March 16. Chances are this won’t be the last interest rate hike in 2022, given relevant policymakers have said they expect it to be around 1.9% by the end of the year. This is important because inflation is high and […]
Jeong Eun-bo, head of the Financial Monitoring Service, speaks during an online press briefing on December 21, 2021, in this photo provided by his agency. (FSS) South Korea’s chief financial regulator said on Wednesday it was reviewing lending and interest rates set by financial institutions amid complaints that their spread is widening, exacerbating the financial […]