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GST Overhaul Aims to Lift Spending, Cushion Trade Shocks
In The Core Report's Special Edition, Govindraj Ethiraj speaks to Prashanth Agarwal, Partner, PwC and Rohit Jain, Deputy Managing Partner at Economic Laws Practice (ELP), to discuss what Prime Minister Narendra Modi’s new GST plan could mean for businesses, consumers, and the Indian economy. Experts also highlight achievements in tax uniformity, digitalisation, rising compliance, revenue growth, and the unfinished agenda.
Blockchain Isn’t For Goliaths Alone, Davids Can Use It As Well
Small businesses could simplify payments, prove product quality, reduce middlemen, cut costs, and reach new customers with the help of blockchain’s transparent and secure technology.
Markets Break Out Of Their Losing Streak
The stock markets snapped a three-day losing streak and closed in positive territory, picking up on rallies in global markets
India’s Small Enterprises Want A Slice Of The PLI Scheme
The industry body representing MSMEs put forth the request to the finance ministry in a pre-budget meeting last month.
Markets Hold On Highs, Global Cues To Drive New Levels
The markets continue to search for direction and the Union Budget will provide some
Delayed Payments Are The Bane Of Indian MSMEs, Latest IT Rule Is Unlikely To Help
The MSME Samadhaan portal and legal recourse have done little for small businesses that continue to be at the mercy of bigger players for payments.
Banks Power The Market Up 941 Points
The overall cues, including from Asian markets were strong but the momentum was largely thanks to the banks, private and public. Both stock indices meanwhile have begun inching back to their lifetime highs.
MSME Export Woes: Traders' Monopoly, Logistics Impacting Growth Post Pandemic
MSMEs are struggling to set up reliable distribution networks, manage transportation, and handle warehousing in foreign markets. Also, a significant factor leading to the decline in export shares was the monopoly of traders in cross-border operations.
