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Second Covid wave to delay full recovery for apparel players to FY23: ICRA

Second Covid wave to delay full recovery for apparel players to FY23: ICRA
ANI |
Updated: Apr 21, 2021 17:59 IST
New Delhi [India], Apr 21 (ANI): Investment information firm ICRA expects full recovery for Indian apparel players to be prolonged and pushed back to FY2023, given the resurgence of Covid cases in India and some of the key export markets.
Their business performance in FY2022, however, is expected to be better than FY2021, supported by continued favourable progress on the vaccination rollout and a material shift witnessed towards online shopping.
This will cushion the adverse impact on the brick-and-mortar outlets, helping companies report a better performance vis-a-vis last year. ....

New Delhi , Jayanta Roy , Group Head For Corporate Sector Ratings , Senior Vice President , Group Head , Corporate Sector Ratings , Ndian Apparel Players , Esurgence Of Covid Cases , Rick And Mortar Outlets , Lobal Apparel Markets , புதியது டெல்ஹி , ஜெயந்தா ராய் , மூத்தவர் துணை ப்ரெஸிடெஂட் , குழு தலை , பெருநிறுவன துறை ரேடிஂக்ஸ் ,

Rising international prices boost steel exports from India

Rising international prices boost steel exports from India
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Synopsis
As per data from the ministry, finished steel exports in 2020-21 was around 10.79 million tonnes, showing a growth of 29% year-on-year and export of semis in the 11 month period till February 2021 grew by 131% to 6.09 million tonnes.
Agencies
Analysts estimate the share of exports to rise in the first half of FY 21, and will increase by 12-16% in FY 22, due to widening spreads between export and domestic realisations.
India s primary steelmakers have increased their share of exports in Q4 amid rising international steel prices, combined with a slight de-growth in domestic demand during the January-February period ....

Republic Of , Ranjan Dhar , Jayant Acharya , Jayanta Roy , Tata Steel , Soma Mondal , Steel Exports India , Jsw Steel , Steel Export India , India Steel , குடியரசு ஆஃப் , ரஞ்சன் தார் , ஜெயந்த் ஆசார்யா , ஜெயந்தா ராய் , டாடா எஃகு , சோமா மோண்டல் , ஜுசுவ் எஃகு , இந்தியா எஃகு ,

States may face Rs 3 lakh crore GST compensation shortfall in FY22: Report

States may face Rs 3 lakh crore GST compensation shortfall in FY22: Report
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

Jayanta Roy , Union Territories , Services Tax , Gross State Domestic Product , Finance Commission , Estate Development Loans , ஜெயந்தா ராய் , தொழிற்சங்கம் பிரதேசங்கள் , சேவைகள் வரி , மொத்த நிலை உள்நாட்டு ப்ராடக்ட் , நிதி தரகு , நிலை வளர்ச்சி கடன்கள் ,

States may face Rs 3 lakh crore GST compensation shortfall in FY22: Report

States may face Rs 3 lakh crore GST compensation shortfall in FY22: Report
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Last Updated: Mar 15, 2021, 07:42 PM IST
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In FY21, the states were facing a shortfall of Rs 1.1 lakh crore in GST compensation from the Centre but over 90 per cent of that amount has been cleared now.
Agencies
Out of that amount, the shortfall from cess collections will be at Rs 1.6-2 lakh crore, according to an Icra report released on Monday.
States may face a GST compensation shortfall of Rs 3 lakh crore in the next financial year, a situation that will force them to borrow more from the markets, says a report. The states may face a shortfall of Rs 2.7-3 lakh crore as Goods and Services Tax (GST) compensation from the Centre next fiscal. Out of that amount, the shortfall from cess collections will be at Rs 1.6-2 lakh crore, according to an Icra report released on Monday. ....

Jayanta Roy , Union Territories , Services Tax , Gross State Domestic Product , Finance Commission , Estate Development Loans , 15th Finance Commission , Goods And Services Tax , Lakh Crore , ஜெயந்தா ராய் , தொழிற்சங்கம் பிரதேசங்கள் , சேவைகள் வரி , மொத்த நிலை உள்நாட்டு ப்ராடக்ட் , நிதி தரகு , நிலை வளர்ச்சி கடன்கள் , பொருட்கள் மற்றும் சேவைகள் வரி ,

States may face Rs 3 trillion GST compensation shortfall in FY22: Report

States may face Rs 3 trillion GST compensation shortfall in FY22: Report
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

Jayanta Roy , Union Territories , Services Tax , Gross State Domestic Product , Finance Commission , Estate Development Loans , ஜெயந்தா ராய் , தொழிற்சங்கம் பிரதேசங்கள் , சேவைகள் வரி , மொத்த நிலை உள்நாட்டு ப்ராடக்ட் , நிதி தரகு , நிலை வளர்ச்சி கடன்கள் ,