Clipped from: https://www.thehindubusinessline.com/opinion/editorial/tighter-gst-registration-norms-are-fine-but-data-coordination-between-agencies-is-crucial-too/article33206286.ece Tighter GST registration norms are fine, but data coordination between agencies is crucial, too With tax frauds pertaining to GST “to the tune
Month: November 2020
As RBI continues to buy dollars, rupee falls even as most Asian currencies rise – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/news-analysis/as-rbi-continues-to-buy-dollars-rupee-falls-even-as-most-asian-currencies-rise/article33207040.ece Loses 3.59% against dollar despite surge in FPI/FDI flows The weakness in the dollar following the large stimulus rolled out by the US
Long road to recovery | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/long-road-to-recovery-120112900876_1.html Q2 numbers encouraging, but outlook is still fairly uncertain The Indian economy did better in the second quarter of the fiscal year than what many
Serum Institute seeks Rs 100 cr in damages from trial subject | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/serum-institute-seeks-rs-100-cr-in-damages-from-trial-subject-120112900627_1.html Experts feel trust is broken as trial was not halted; Chennai resident had sought Rs 5 cr in compensation A 40-year old man
Corporate ownership of private banks: Has the train left the station? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/has-the-train-left-the-station-120113000012_1.html If indeed the gate opens for big industrial houses, the RBI needs to be smarter than them and demonstrate it through action, not
Tax Talk: Don’t forget to file your ITR every year, here’s why – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/tax-talk-dont-forget-to-file-your-itr-every-year-heres-why/2139374/ Filing of ITR is necessary for carrying forward any losses sustained during the year for set-off in subsequent years There are certain categories
Finmin asks PSU general insurers to cut flab; rationalise branches, other expenses: Sources – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/insure/finmin-asks-psu-general-insurers-to-cut-flab-rationalise-branches-other-expenses-sources/articleshow/79473971.cmsSynopsis Earlier this year, the Union Cabinet decided to halt the merger process of three state-owned general insurance companies due to weak financial positions
Government opposes further loan moratorium – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/government-opposes-further-loan-moratorium/articleshow/79457246.cmsSynopsis The government, through Solicitor General Tushar Mehta, told a bench led by Justice Ashok Bhushan that it had already extended the loan moratorium
Serum Institute rejects charges levelled by vaccine trial participant, threatens to seek damages – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/healthcare/biotech/pharmaceuticals/serum-institute-rejects-charges-levelled-by-vaccine-trial-participant-threatens-to-seek-damages/articleshow/79478173.cmsSynopsis A 40-year-old man who took part in the ‘Covidshield’ vaccine trial in Chennai has alleged serious side effects, including a virtual neurological breakdown
Yes, What the Doctor Ordered, Gov Das–economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/yes-what-the-doctor-ordered-gov-das/ RBI governor Shaktikanta Das spoke last week on the need for accelerating financial market reforms. It is imperative to do so, to bring
small businesses: India’s economy shrinks sharply as Covid-19 slams small businesses – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/indias-economy-shrinks-sharply-as-covid-19-slams-small-businesses/articleshow/79460232.cmsSynopsis The latest data firmly establishes India’s position among the worst-performing major economies, despite government spending meant to blunt the pandemic’s impact. NEW DELHI:
Joe Biden: Assassination in Iran could limit Biden’s options. Was that the goal? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/world-news/assassination-in-iran-could-limit-bidens-options-was-that-the-goal/articleshow/79478507.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Intelligence officials say there is little doubt that Israel was behind the killing — it had all the hallmarks of a precisely timed
Jill Biden, Joe’s chief protector, stepping up as first lady – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/world-news/jill-biden-joes-chief-protector-stepping-up-as-first-lady/articleshow/79478594.cmsSynopsis Protecting Joe stands out among Jill Biden’s many roles over their 43-year marriage, as her husband’s career moved him from the Senate to
Dangerous suggestion: The Hindu Editorial On RBI suggestion to allow corporate houses to set up banks – The Hindu
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
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
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