Clipped from: https://economictimes.indiatimes.com/news/economy/finance/credit-demand-fails-to-pick-up-despite-aggressive-rate-cuts/articleshow/79979474.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Besides 115 basis points reduction in the benchmark repo rate, the rate at which RBI lends to bank, the central bank has infused
Month: December 2020
Commercial leasing expected to reach pre-Covid level in next two-three quarters: DLF – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/property-/-cstruction/commercial-leasing-expected-to-reach-pre-covid-level-in-next-two-three-quarters-dlf/articleshow/79980452.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis “India has global comparative advantage in terms of a very large English speaking, tech educated population below the age of 30. India also
Reliance Communications’ resolution may hit a bump as banks mark its account as fraud – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/telecom/telecom-news/rcom-resolution-may-hit-a-bump/articleshow/79983719.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Resolution applicants Reliance Jio Infocomm and UV Asset Reconstruction Co. Ltd (UVARCL) may want to seek indemnity from any investigative proceedings into these
Asus bets on offline retail, to add 1,000 retail points – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/electronics/asus-bets-on-offline-retail-to-add-1000-retail-points/articleshow/79975815.cmsSynopsis “Post lifting of lockdown, the demand continues to be strong. From about 2.5 lakh units a month, the sales for the industry have
MSMEs, small dealers not to be affected by mandatory 1 pc cash GST payment rule – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/msmes-small-dealers-not-to-be-affected-by-mandatory-1-pc-cash-gst-payment-rule/articleshow/79976256.cmsSynopsis Sources said the rule applies only to about 45,000 taxpayers out of the GST taxpayer base of 1.2 crore and genuine dealers and
2021: Banks brace for pandemic-hit corporates’ bad loan woes, muted credit growth – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/2021-banks-brace-for-pandemic-hit-corporates-bad-loan-woes-muted-credit-growth/articleshow/79975856.cmsSynopsis Muted private investment impacting the corporate loan growth will be another challenge that banks will have to face in the coming months. Despite
Ahead of DHFL voting, Oaktree fires fresh salvo against Piramal bid – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/ahead-of-dhfl-voting-oaktree-fires-fresh-salvo-against-piramal-bid/articleshow/79980300.cmsSynopsis A key point that Oaktree is harping on is the structure Piramal’s have proposed in their business plan, that involves a merger between
Farm law protests: Possible middle of road alternatives | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/farm-law-protests-possible-middle-of-road-alternatives-930961.html The farmers’ protests & present stalemate is a good time for Centre to consider some important changes to the laws and problems of
India to become 3rd largest economy by 2030: Report – Times of India
Clipped from: https://timesofindia.indiatimes.com/business/india-business/india-to-become-3rd-largest-economy-by-2030-report/articleshow/79972584.cms NEW DELHI: India will regain its position as the fifth-largest economy by 2025 and emerge as the third-largest by 2030 in dollar terms
Limits of sovereignty: The Hindu Editorial on U.K.-EU post-Brexit deal – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/limits-of-sovereignty-the-hindu-editorial-on-uk-eu-post-brexit-deal/article33419767.ece Britain averted a ‘no deal’ Brexit, which would have been catastrophic for all The tariff-free trade accord in goods that the U.K. and the
Payment of at least 1% of GST liability in cash: FinMin issues clarification – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/apprehension-on-mandatory-payment-of-at-least-1-per-cent-of-gst-liability-in-cash-rule-unfounded-finance-ministry/article33422838.ece?homepage=true Says rule applies to only 0.37 per cent of 1.2 crore assessees Finance Ministry on Saturday clarified the mandatory payment of at least
NPAs set to see a sharp jump this year amid Covid-19 pandemic: Experts | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/npas-set-to-see-a-sharp-jump-this-year-amid-covid-19-pandemic-experts-120122500886_1.html Of these accounts that would undergo restructuring, one-third, or Rs 6-9 trillion, would turn into NPAs Experts, barring rating agencies, expect a sharp
Biden Presidency and India: Using game theory to address changing realities – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/biden-presidency-and-india-using-game-theory-to-address-changing-realities/2157617/ We must recognise that a world dominated by Biden, Trudeau Jr and Macron is different from the “strongman” world of Trump, Roy Harper
Companies building legal teams to brace for post-Covid challenges – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/consultancy-/-audit/companies-building-legal-teams-to-brace-for-post-covid-challenges/articleshow/79951940.cmsSynopsis There are over 150 active senior-level openings for legal positions with enterprises across industries, according to data from company job boards and job
Satyam, IL&FS, Enron and Wirecard frauds brought auditors’ independence and professional scepticism to the fore: NFRA Chairman – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/consultancy-/-audit/satyam-ilfs-enron-and-wirecard-frauds-brought-auditors-independence-and-professional-scepticism-to-the-fore-nfra-chairman/articleshow/79957416.cmsSynopsis Sridharan said that problems cited in the FRC’s latest report included an overreliance on letters from management without further audit checks, and a
Demand for retail and personal loans rebound – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/demand-for-retail-and-personal-loans-rebound/articleshow/79960737.cms Synopsis–According to the regulator’s analysis, demand for retail and personal loans was assessed to have posted the highest recovery. Mumbai: Banks are witnessing a sharp
Will the Brexit deal be positive or negative for India? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/will-the-brexit-deal-be-positive-or-negative-for-india/articleshow/79966186.cmsSECTIONSWill the Brexit deal be positive or negative for India?Last Updated: Dec 26, 2020, 03:19 PM ISTSynopsis ‘I do not think the economic fallout
Covid virus will stay with us for next 10 years: BioNTech CEO – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/covid-virus-will-stay-with-us-for-next-10-years-biontech-ceo/articleshow/79964807.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis In a virtual press conference this week, Sahin spoke about the potential virus deadline when asked when life could return to normal. As
Virtual consultations, emphasis on wellness will be the hallmarks of healthcare 2021 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/virtual-consultations-emphasis-on-wellness-will-be-the-hallmarks-of-healthcare-2021/articleshow/79969856.cms Synopsis–Group Chief Operating Officer Anil Vinayak says this will also fasttrack the adoption of other technologies in the delivery of healthcare in 2021.
Bad debt fear keeps private banks away from street vendor loans – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/bad-debt-fear-keeps-private-banks-away-from-street-vendor-loans/articleshow/79963438.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Last week, a branch manager of a leading state-run bank in Madhya Pradesh wrote to the municipal commissioner seeking “cooperation” as several of
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