Loans

TMS Ep72: Ed-tech, FICCI’s Sanjiv Mehta, markets in 2021, loans

TMS72
Written by Publishing Team

The government came out with an advisory last Thursday, asking parents to be careful while dealing with companies that offer online lessons to children. Dozens of do’s and don’ts proposed by the government have raised question marks about the way educational technology or educational technology companies operate in the country. Despite concerns about the quality of the courses and the strong sales culture, education technology companies in India have experienced exponential growth since last year. That was when most other industries were going through a turbulent time. But the economy is now on the way to recovery. There are green shoots across industries and we need to build on that, believes FICCI and HUL CMD President Sanjiv Mehta. In an interview with business standardMehta, President of Indivjal Dhasmana, says capacity utilization and capital spending must start in a big way to achieve the desired macroeconomic growth.

Join the conversation. FICCI, the industry body, believes the government has done an impressive job with Covid vaccination, tax collection, foreign direct investment and merchandise exports this year. In fact, 2021 was all about fighting the pandemic, making economic recovery, and in between, keeping your finances in good shape. Stocks certainly proved to be the best avenue to invest as the BSE m-cap hit a record high this year. As we enter the final week of 2021, revisit all that has shaped the markets this year, and the lessons you need to take with you through 2022. After the markets, let’s see what else makes the news. According to the Reserve Bank of India, banks have written off more than Rs 2 crore of bad loans in the financial year ending March 2021. The loans help the banks to boost profits. But when it gets bad, they also eat off the profits. Learn about the different types of loans and more in this episode of our podcast.

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