Clipped from: https://www.thehindu.com/opinion/editorial/dangerous-suggestion-the-hindu-editorial-on-rbi-suggestion-to-allow-corporate-houses-to-set-up-banks/article33172183.ece Industrial houses should not have access to household savings through their own banks Most often, reports prepared by the RBI’s internal working groups
Day: November 29, 2020
What NRIs selling a house must know – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/what-nri-selling-a-house-must-know/article33205719.ece Ignoring issues related to tax and repatriation can create a cash crunch If you live and work abroad and the pandemic has wrecked
‘MPC likely to keep rates steady’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/mpc-likely-to-keep-rates-steady/article33205554.ece?homepage=true Inflation and growth forecasts may be revised higher, says Barclays Securities The rate-setting Monetary Policy Committee (MPC) is likely to stand pat on
Don’t let bad boy billionaires become bankers
Clipped from: https://timesofindia.indiatimes.com/blogs/Swaminomics/dont-let-bad-boy-billionaires-become-bankers/ Netflix’s documentary ‘Bad Boy Billionaires’ related the lives and scandals of Vijay Mallya, Nirav Modi and Subrata Roy. All three businessmen had political
Banks can consider extending time limit for settling import dues: Expert | Business Standard News
Clipped from: https://www.business-standard.com/article/sme/banks-can-extend-time-limit-for-settling-import-dues-120111600596_1.html Weekly advice on managing small businesses. This time SME chatroom talks about a RBI directive on import of goods and services. Q. We
Can improve DHFL offer, forfeit deposit of those against recoveries: Adani | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/can-improve-dhfl-offer-forfeit-deposit-of-those-against-recoveries-adani-120112900205_1.html Piramal quoted Rs 23,500 crore only for the retail portfolio of DHFL while Hong Kong-based SC Lowy bid Rs 2,350 crore for SRA
All you wanted to know about fiscal deficit – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/slate/all-you-wanted-to-know-about/article33109697.ece The Centre announcing another round of stimulus measures has set off a heated debate on whether the government ought to worry about the
All you wanted to know about betting – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/slate/all-you-wanted-to-know-about/article33162705.ece Every IPL season, controversies about sports betting and its illegitimate cousin — match fixing — do the rounds. Minister of State for Finance
“I am optimistic about our economy,” says Harsh Goenka – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/macro-economy/i-am-optimistic-about-our-economy-says-harsh-goenka/article33204334.ece?homepage=true Harsh Goenka, Chairman, RPG Enterprises, on Saturday, said that he was optimistic about India’s economic recovery. Earlier this month, Goenka, in a tweet,
Mann ki Baat | Agriculture reforms have given farmers new opportunities: says PM – The Hindu
Clipped from: https://www.thehindu.com/news/national/new-farm-laws-have-begun-mitigating-farmers-problems-in-short-span-of-time-pm/article33204565.ece?homepage=true These reforms have not only served to unshackle our farmer, says Narendra Modi in Mann ki Baat Prime Minister Narendra Modi on Sunday
Officers’ organisations demand judicial probe – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/officers-organisations-demand-judicial-probe/article33187294.ece DBIL is the Indian subsidiary of the Singapore-based DBS. The organisations,in a joint statement, said: “It is a matter of concern how a
Wadhawan moves NCLT against CoC, Administrator – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/wadhawan-moves-nclt-against-coc-administrator/article33187385.ece Says DHFL’s cash in hand, investment and real estate assets is more than ₹16,000 crore In the alternative to the above, Wadhawan (Applicant), who
IBA asks Supreme Court to withdraw its NPA order – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/lending-institutions-have-returned-rs-4300-crore-in-compound-interest-sc-on-rbi-loan-moratorium-case/article33193378.ece The court adjourned the case to December 2 The Supreme Court on Friday disposed of a petition filed by Gajendra Sharma in the
DHFL suitors get time till Dec 10 to submit bids – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/dhfl-suitors-may-get-time-till-december-10-to-submit-bids/article33192879.ece Banks keen on higher value, experts say CoC can take decision within IBC norms The lenders to troubled Dewan Housing Finance Corporation Ltd
RBI writes down LVB Tier 2 bonds: What are these bonds and why have investors been caught unawares? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-writes-down-lvb-tier-2-bonds-what-are-these-bonds-and-why-have-investors-been-caught-unawares/article33193293.ece Indian banks that made a mad dash to raise capital through Basel III compliant bonds in recent years, could face challenges in tapping
Bank credit to industry recorded negative growth in October: RBI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/bank-credit-to-industry-recorded-negative-growth-in-october-rbi/article33194339.ece Credit to industry contracted by 1.7 per cent as compared with 3.4 per cent growth in October 2019, according to Reserve Bank of
Across The Aisle: Slow march backward – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/across-the-aisle-slow-march-backward/2138994/ We live in a strange world where the President of communist China speaks eloquently on the virtues of free trade and globalisation and
Fashion gets anti-viral makeover! How coronavirus pandemic changed apparel industry! – The Financial Express
Clipped from: https://www.financialexpress.com/lifestyle/fashion-gets-anti-viral-makeover-how-coronavirus-pandemic-changed-apparel-industry/2138913/ From anti-viral clothing to sanitisation closets, tech is proving to be at the heart of the fashion industry’s emergence in the post-Covid era
Big Story | All you need to know about filing I-T return – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/big-story/all-you-need-to-know-about-filing-i-t-return/article33200992.ece?homepage=true The last date for tax filing is just a month away. Here’s a guide to save the stress and the last minute rush
Make good use of capital inflows–economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/make-good-use-of-capital-inflows/ The government’s move to add to the equity capital of National Investment and Infrastructure Fund is welcome, as it would allow that institution
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