Clipped from: https://www.businesstoday.in/magazine/deep-dive/story/why-experts-caution-that-there-could-be-more-pain-ahead-for-the-rupee-527827-2026-04-28 The rupee may have recovered from its record low of 95 to the dollar, but experts caution that there could be more pain
Force majeure enabled for ‘war’-hit contracts: Govt procurers to grant case-by-case extensions, only for firms that hadn’t defaulted by Feb 27 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/defence/force-majeure-enabled-for-war-hit-contracts-govt-procurers-to-grant-case-by-case-extensions-only-for-firms-that-hadnt-defaulted-by-feb-27/articleshow/130687714.cms Synopsis The finance ministry has authorized force majeure for govt contracts impacted by the West Asia conflict, treating it as war. This offers
Should MPC have hiked rates? – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/should-mpc-have-hiked-rates/article70929357.ece High inflation expectations, leveraged asset demand and a depreciating rupee are good reasons to hike rates A rate hike would have helped to
Banks not probe agencies, can’t freeze accounts arbitrarily: Allahabad HC | India News – Business Standard
Clipped from: https://www.business-standard.com/india-news/banks-not-probe-agencies-can-t-freeze-accounts-arbitrarily-allahabad-hc-126050101082_1.html A division bench of Justice Shekhar B Saraf and Justice Avadhesh Kumar Chaudhary imposed a cost of ₹50,000 on Indian Overseas Bank for
Bad policy – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/editorial-bad-policy/article70928280.ece The Centre’s resolve to not burden the common man with higher fuel prices is laudable but it flies against the reality of the
Not filing Form 122 after changing jobs could leave you waiting months for a tax refund – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/more-tax-deducted-from-salary-not-filing-form-122-after-switching-jobs-could-mean-a-longer-wait-for-refund-4224295/ The Income Tax Department has introduced a single consolidated Form 122, replacing Form 12B and Form 12BAA, for salaried employees who have switched
From passive claimant to empowered policyholder – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/your-money-from-passive-claimant-to-empowered-policyholder-4224712/ With India’s health insurance premiums crossing ₹1.2 lakh crore, claim delays are a growing concern. Learn about the IRDAI’s 1-hour and 3-hour rules,
*Lost your luggage? This ₹1.19 lakh IndiGo case shows you can fight back | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/lost-your-luggage-this-1-19-lakh-indigo-case-shows-you-can-fight-back-126043000196_1.html A detailed order from a Jammu & Kashmir consumer court has laid out exactly how a routine baggage loss turned into a ₹1.19
Working on weekends? What labour laws say about your right to rest | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/working-on-weekends-what-labour-laws-say-about-your-right-to-rest-126050100667_1.html As weekend work creep intensifies, we explain the laws for pay and compensatory leave – and the professional risks of asserting your rights
*RBI’s ECL norms may cause up to 120 bps one-time hit for banks: Crisil – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbis-ecl-norms-may-cause-up-to-120-bps-one-time-hit-for-banks-crisil/article70927561.ece Crisil said banks would be allowed to spread the impact over four financial years, while additional provisioning buffers could further mitigate the hit
*Rs 13 lakh cash payment for credit card bill triggers tax notice; man wins case after ITAT accepts ‘family gift’ explanation – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/rs-13-lakh-cash-payment-for-credit-card-bill-triggers-tax-notice-man-wins-case-after-itat-accepts-family-gift-explanation/articleshow/130631512.cms When Mr Mehta from Shivaji Park, Mumbai, Maharashtra filed his income tax return (ITR), showing an income of Rs 6.3 lakh after paying
*****Advice from RBI DG Mr Swaminathan J-Courte y BL
Clipped from: https://www.thehindubusinessline.com/news/banking-built-on-judgment-and-not-just-models-says-rbi-deputy-guv/article70924422.ece His lecture tied in three strands together — theory, practice, and supervision — to argue that finance must ultimately serve a public purpose
Is AI a mere cover to lay off staff? – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/is-ai-a-mere-cover-to-lay-off-staff/article70925644.ece Here, the corporate ‘earnings call’ story outruns the technology. Disclosure norms need to be tightened Every technology of consequence eventually finds itself in
*****New credit loss norm could hurt – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/new-credit-loss-norm-could-hurt/article70925762.ece The ECL rules risk exclusion of capable, asset-light borrowers — favouring weaker borrowers with collateral For decades Indian banks managed bad loans under
*Digitisation can be toxic – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/digitisation-can-be-toxic/article70925699.ece A safer way to deal with e-waste is urgently needed Over the past decade, India has witnessed a digital transformation of extraordinary scale.
Gold loans: Reading the growth right | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/gold-loans-reading-the-growth-right-126043001487_1.html Illustration: Binay Sinha Listen to This Article Recent media reports have highlighted the rapid growth in personal gold loans and the potential risks
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