Clipped from: https://www.business-standard.com/article/opinion/digital-dangers-120122801139_1.html Unauthorised lending apps must be stopped The Reserve Bank of India (RBI) last week cautioned the public against unauthorised lending apps offering quick loans, after reports of
Month: December 2020
Inventory inching up relative to sales across sectors, FMCG less affected | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/inventory-inching-up-relative-to-sales-across-sectors-fmcg-less-affected-120122800774_1.html Festive season, supply chain issues may have been contributing factors leading to higher inventory Companies had more inventory lying with them than before relative
Beyond Budget Headlines with AKB: Why bad banks are a bad, bad idea | Business Standard News
Clipped from: https://www.business-standard.com/budget/article/beyond-budget-headlines-with-akb-why-bad-banks-are-a-bad-bad-idea-120122800195_1.html What does FM Sitharaman’s ‘never-before Budget’ assertion mean? Are there more relief measures in store or should we prepare for some shock in
Why the bid war for DHFL may well end up being a curse for the winner | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/why-the-bid-war-for-dhfl-may-well-end-up-being-a-curse-for-the-winner-120122800905_1.html Establishing a greenfield HFC may be cheaper for the bidders than picking up one embroiled in fraud probes As the race for beleaguered
Why companies cut wages despite soaring profits amid Covid-19 pandemic | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/why-companies-cut-wages-when-profits-soared-120122800633_1.html Wages account for a relatively small proportion of the total expenses of corporates in India Listed companies made their biggest profits during the
Go for a Bad Bank, Not an AMC–economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/go-for-a-bad-bank-not-an-amc/ The government is reportedly considering an asset management entity to facilitate transfer of non-performing assets (NPAs) from public sector banks (PSBs) to asset
exports: Can gain much more than what we lost in 2020: Export community pins hope on 2021 for a revival – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/can-gain-much-more-than-what-we-lost-in-2020-export-community-pins-hope-on-2021-for-a-revival/articleshow/79986292.cmsSynopsis Global trade ran into stormy waters in 2020. Indian exporting sector is hoping for a calmer 2021. COVID-19 CASES WorldIndiaFor the Indian exporting
gst: New Year calendars, pens, bags, diaries gifted or given for brand promotion now under GST – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/new-year-calendars-pens-bags-diaries-gifted-or-given-for-brand-promotion-now-under-gst/articleshow/79992596.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Input tax credit on any brand promotion item (goods) where name of a company is mentioned would attract GST, Karnataka Authority for Advance
Gross NPAs of banks may rise to 10.1-10.6% by March 2021: Icra – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/gross-npas-of-banks-may-rise-to-10-1-10-6-by-march-2021-icra/articleshow/79993030.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The report further said the loan restructuring requests are much lower than previously estimated, supported by sharper than expected improvement in economic activities
Break-even year for bleeding PSU banks – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/break-even-year-for-bleeding-psu-banks/articleshow/79986384.cmsSynopsis Given this setting, it may seem highly incongruous to expect NPAs in Indian banks to bottom out in the fourth quarter of 2020-21.
Changing with the times – The Hindu
Clipped from: https://www.thehindu.com/business/Industry/changing-with-the-times/article33427288.ece Norms on standardisation of health cover and exclusions help customers to better understand insurance policies It’s been a terrible 2020 no matter where
Rule of 1% GST liability payable in cash may impact 45,000 units – The Hindu
Clipped from: https://www.thehindu.com/business/Industry/rule-of-1-gst-liability-payable-in-cash-may-impact-45000-units/article33426834.ece Input tax credit may be used for up to 99% of GST due; rule meant to check fraud The mandatory requirement of 1%
Cash flows, not ratings may decide loans in future: UCO Bank’’s Ajay Vyas – The Hindu
Clipped from: https://www.thehindu.com/business/Industry/cash-flows-not-ratings-may-decide-loans-in-future-uco-banks-ajay-vyas/article33412983.ece Trend has already begun with SBI, says ED of UCO Bank. Moving on from ratings criteria for grant of loans, banks are likely
Karnataka govt to launch one portal for all citizen’s grievances | Deccan Herald
Clipped from: https://www.deccanherald.com/state/top-karnataka-stories/karnataka-govt-to-launch-one-portal-for-all-citizens-grievances-932328.htmlSoon you will be able to file your complaints at one portal in Karnataka. Credit: iStock Photo Citizens of Karnataka will soon be able to
Consumer protection law: New dimensions | Deccan Herald
The newly enacted Consumer Protection Act [CPA] 2019, and Rules framed so far, have added a couple of new dimensions thereby strengthening the voice of
Income tax return: Last date for filing is Dec 31. Here is how to file yours online – business news – Hindustan Times
Clipped from: https://www.hindustantimes.com/business-news/income-tax-return-last-date-for-filing-is-dec-31-here-is-how-to-file-your-online/story-FAJam8pkhTmQKwNhV44Y8I.html According to rules, those who earn Rs 250,000 or more annually are mandatorily required to file ITRs. The limit for senior citizens or
Brexit: India could gain as of now – editorials – Hindustan Times
Clipped from: https://www.hindustantimes.com/editorials/brexit-india-could-gain-as-of-now/story-7NOMKrij5BFDo1I5rCwZeL.html The real test for India will be whether it can leverage the UK’s desire for some quick trade agreement successes and put together
LOANS VIA APP: International cyber-crime gang busted by Warangal police
WARANGAL: The cybercrime unit of the Warangal Commissionerate and the Jangaon Police jointly busted a five-member international gang luring people with easy loans via instant
Johnson’s visit to India offers an opportunity for Delhi to take a close look at London’s post Brexit plans
Clipped from: https://indianexpress.com/article/opinion/editorials/european-union-britain-eu-trade-brexit-7122501/ Brexit deal will lead to rearrangement of UK’s foreign economic policy and international relations, offers India an opportunity. The Christmas Day agreement on
Higher government spending, vaccine could provide a fillip to the economy
Clipped from: https://indianexpress.com/article/opinion/editorials/indian-economy-recovery-covid-pandemic-coronavirus-cases-7122500/ Higher government spending, vaccine could provide a fillip to the economy. Recovery to pre-COVID levels will take time. The Indian economy appears to
aniltikotekar4sme.com 