Clipped from: https://www.thehindu.com/news/national/us-india-have-close-cooperation-on-lac-action-by-china-kenneth-juster/article33503654.ece?homepage=true It’s for Indian govt. to give details of the nature of military cooperation, says American envoy The U.S. has cooperated with India to
Day: January 6, 2021
Insolvency Professionals asked to maintain certain records in electronic form for 8 years – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/insolvency-professionals-asked-to-maintain-certain-records-in-electronic-form-for-8-years/article33503050.ece?homepage=true IBBI circular lays down roles and responsibilities of IPs for safekeeping of records Insolvency regulator IBBI has now directed insolvency professionals to preserve
India’s tax outreach justified – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/indias-tax-outreach-justified/article33503294.ece?homepage=true Right in holding its ground in the Voda retro tax case The challenge is against the award by the Permanent Court of Arbitration
RBI fines Bajaj Finance Rs 2.5 crore for recovery agent harassment | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-fines-bajaj-finance-rs-2-5-crore-for-recovery-agent-harassment-121010501179_1.html Central bank says firm violated a specific direction to ensure full compliance with fair practices code in letter and spirit The Reserve Bank
Firms face I-T heat over GST evasion charges; L&T, Zee offices ‘surveyed’ | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/firms-face-i-t-heat-over-gst-evasion-charges-l-t-zee-offices-surveyed-121010500050_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Newsletter_11072018 The crackdown is part of coordinated action against thousands of entities identified by the Directorate General of GST Intelligence, which recently shared the
GST’s high point | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/gst-s-high-point-121010501344_1.html More than recovery, better compliance has improved collection Goods and services tax (GST) collection reached a record Rs 1.15 trillion in December, witnessing a
Clarity on bitcoin | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/clarity-on-bitcoin-121010501347_1.html India needs a regulatory framework for cryptocurrencies Indian investors must be looking for a clear policy stance on cryptocurrencies in the forthcoming Budget. Even though
MSME lender Lendingkart’s losses up 65% in FY20; revenue jumps 20% | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-small-business-lender-lendingkarts-losses-widen-65-in-fy20-even-as-revenue-jumps-20/2164882/ Credit and Finance for MSMEs: Backed by Fullerton Financial Holding, Bertelsmann, Mayfield India, Saama Capital, Sistema Asia, India Quotient, and others, Lendingkart enables
Rupee falls to 73.18 on wider trade deficit worries – The Financial Express
Clipped from: https://www.financialexpress.com/economy/rupee-falls-on-wider-trade-deficit-worries/2165091/ The rupee fell to 73.18 on Tuesday, losing 0.2% to the dollar, the most in seven weeks amid concerns India’s trade deficit would
Corroding Democracy: Leaked recording of Trump’s call shows how close to the brink Trump has pushed the US – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/corroding-democracy-leaked-recording-of-trumps-call-shows-how-close-to-the-brink-trump-has-pushed-the-us/2165132/ A leaked recording of Trump’s phone-call with a state official shows how close to the brink Trump has pushed the US What is
Police missteps: Courts schooling police officers in their duties expose unprofessionalism, disregard for fair play–times of india
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/police-missteps-courts-schooling-police-officers-in-their-duties-expose-unprofessionalism-disregard-for-fair-play/TOI Edit Times of India’s Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues of
India is no place for insider trading–the econcomic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/india-is-no-place-for-insider-trading/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. Big-ticket foreign portfolio investors (FPI) are reportedly miffed
I&B: Has suspension of IBC proceedings achieved its desired goal? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/legal/has-suspension-of-ibc-proceedings-achieved-its-desired-goal/articleshow/80109902.cmsSynopsis When the suspension was proposed in June 2020, no one expected that the pandemic would last for such a long period, and therefore
UK PM Boris Johnson cancels India visit, citing need to oversee virus response – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/politics-and-nation/uk-pm-johnson-cancels-india-visit-citing-need-to-oversee-virus-response/articleshow/80116202.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis “Prime minister Boris Johnson spoke to Prime Minister Modi this morning, to express his regret that he will be unable to visit India
UK offers extra $6.2 billion to firms to soften new COVID-19 recession – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/business/uk-offers-lockdown-hit-firms-extra-4-6-billion-pounds-of-help/articleshow/80113656.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Prime Minister Boris Johnson announced the lockdown on Monday, saying a highly contagious coronavirus variant risked overwhelming the health service within 21 days.
Panel to fix rates for exporters’ duty refund scheme to submit report in few weeks: Finance Secretary – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/panel-to-fix-rates-for-exporters-duty-refund-scheme-to-submit-report-in-few-weeks-finance-secretary-ajay-bhushan-pandey/articleshow/80113181.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis RoDTEP , duty refund, The scheme would refund to exporters the embedded central, state and local duties and taxes that were so far
Hotel occupancy levels improved to 35% in November 2020 on back of domestic travel: JLL – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/hotels-/-restaurants/hotel-occupancy-levels-improved-to-35-in-november-2020-on-back-of-domestic-travel-jll/articleshow/80111556.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Goa witnessed considerable growth in recent months achieving a market-wide occupancy level of almost 55% in November 2020. Bengaluru: With the emergence of
export: Exporters in a post-Covid world need finance and favourable trade winds – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/exporters-in-a-post-covid-world-need-finance-and-favourable-trade-winds/articleshow/80091475.cmsSynopsis From working capital to trade finance, an MSME exporter finds access to credit extremely difficult. The Reserve Bank of India’s data shows that
When Deep Kalra almost sold MakeMyTrip for $10 million – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/entrepreneurship/when-deep-kalra-almost-sold-makemytrip-for-10-million/articleshow/80108711.cms SynopsisGood businesses have not seen the light of day because entrepreneurs give up too early, says the MakeMyTrip founder. In one of the
Mixed picture: December GST collection is encouraging. But a quick recovery is uncertain–times of india
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/mixed-picture-december-gst-collection-is-encouraging-but-a-quick-recovery-is-uncertain/TOI Edit Times of India’s Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues of