Jun 30, 2017 - ITC's packaged food business posts 13 per cent revenue growth in FY17

TradeBriefs Newsletter
View online   Advertise
              from TradeBriefs FMCG Daily Newsletter






Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
As Teresa Barger of Cartica Capital says in this article, financialisation and formalization are two dominant economic trends in India today. Financialisation is when money comes out of cash, gold and savings accounts into the financial markets. This is being driven by more Indians (especially millenials) participating in mutual funds, insurance-led funds, etc. At this stage of India's growth, this should be good, as corporate India can use this money to grow themselves and the economy. The second trend of formalization is what some of the big bang reforms of the current government have been all about. While demonetization was an attempt at catching individual evaders in the tax net, GST will help increase the corporate tax net as companies at the top of the food chain will force smaller companies to file taxes, so the big companies can claim input credit. This is more likely to succeed than demonetization. It will also drive some SMEs out of business!

Advertisers of the day
On behalf of SAP India: Get GST-Ready in just a few weeks
shivkhera: Optimize Performance and Move Up to the Next Level : Programs by Mr. Shiv Khera  

Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails (B2B Decision-Makers, B2C Decision-Makers, TradeBriefs Premium).


India, Australia aim to seal trade pact by 2022

India Business News: NEW DELHI: India and Australia will conclude the negotiations on a Comprehensive Economic Cooperation Agreement (CECA) by the end of 2022 and reach an.

Read More



Today's TradeBriefs Cartoon

Advt: Work for the best employer - Yourself
reseller
Advantages - Best B2B audience in India, no hard-selling or up-front costs involved, access to our content repository and air-tight agreements with instant gratification.


Karnataka can sign MoU with e-commerce firms to promote its agro-products: CM

"There are a variety of products such as coffee, spices, maize, oilseeds etc in the State which has 10 agro-climatic zones. These products may also be..

Read More

$5-trillion economy needs greenfield investments

Such investments depend on a more stable policy and regulatory framework than the streamlining of procedures and digitisation of paperwork

Read More

With EPS Growth And More, Amber Enterprises India (NSE:AMBER) Is Interesting

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

Read More

TradeBriefs Publications are read by over 10,00,000 Industry Executives
About Us  |  Advertise Privacy Policy    

You are receiving this mail because of your subscription with TradeBriefs.
Our mailing address is GF 25/39, West Patel Nagar, New Delhi 110008, India