Clipped from: https://www.business-standard.com/article/international/bitcoin-hits-40-000-for-first-time-doubles-in-less-than-a-month-121010800050_1.html Cryptocurrencies hit the milestone after a fivefold climb in market value in the past year, data from tracker CoinGecko shows Bitcoin surged to $40,000
Day: January 8, 2021
Towards $5 trillion: What is holding India back? – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/towards-5-trillion-what-is-holding-india-back/2165824/ India’s ambition of boosting its manufacturing sector to an all-time high of 25% of GDP, and growing at 9% a year on a
Serious Fraud Investigation Office: A panacea for corporate frauds – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/serious-fraud-investigation-office-a-panacea-for-corporate-frauds/2165817/ In view of the burgeoning cases of corporate fraud, it is imperative to arm the Serious Fraud Investigation Office with sufficient teeth By
Oaktree provides unconditional, implementable plan for DHFL resolution – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/oaktree-provides-unconditional-implementable-plan-for-dhfl-resolution/2166510/ US-based Oaktree Capital has said its revised bid for the debt-ridden DHFL is unconditional and comes with a commitment of fresh capital infusion
Income Tax dept surveys Flipkart arm, Swiggy on charges of tax evasion by associated vendors – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/income-tax-dept-surveys-flipkart-arm-swiggy-on-charges-of-tax-evasion-by-associated-vendors/2166650/ Tax officials said the action was undertaken at the offices of the two entities– Instakart and Swiggy– in Bengaluru, apart from the office
‘ARCs could get into fee-based resolutions from here on’ – The Financial Express
Clipped from: https://www.financialexpress.com/industry/arcs-could-get-into-fee-based-resolutions-from-here-on/2166624/ Asset reconstruction companies (ARCs) could consider going for fee-based resolutions of assets without buying them from banks, RK Bansal, MD & CEO, Edelweiss
The NPA decade: Events that changed the face of banking sector | Deccan Herald
Clipped from: https://www.deccanherald.com/business/the-npa-decade-events-that-changed-the-face-of-banking-sector-934899.html Warning bells were ringing Phone banking assumed a different connotation in the early part of the last decade. It referred to phone calls
Modi distances himself from Trump, slams ‘unlawful protest’ by supporters of outgoing US President | Deccan Herald
Clipped from: https://www.deccanherald.com/national/modi-distances-himself-from-trump-slams-unlawful-protest-by-supporters-of-outgoing-us-president-936087.html Modi not only termed the protest by the supporters of Trump as unlawful’, but also stressed on ‘orderly transfer of power’ Despite his ‘friendship’ with
GST collection up, but overall picture is still grim | Deccan Herald
There is encouraging news for the government on the tax front with an increase in revenues from the Goods and Services Tax (GST) and other
DHFL lenders likely to factor in a lot more than a highest bid – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/dhfl-lenders-likely-to-factor-in-a-lot-more-than-a-highest-bid/articleshow/80144697.cmsSynopsis With voting underway on three plans submitted by the Piramal Group, Adani Group and buyout fund Oaktree Capital in the hotly contested bankruptcy
icici bank form 16a: How ICICI Bank customers can download Form-16A, interest certificate – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/how-icici-bank-customers-can-download-form-16a-interest-certificate/articleshow/77143765.cmsSynopsis ICICI Bank customers can download the TDS certificates i.e. Form 16A and interest certificates via Net Banking facility. Here is the step by
workforce: Post-Covid, here is why policymakers need to take a hard look at the future of work(ers) – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/post-covid-here-is-why-policymakers-need-to-take-a-hard-look-at-the-future-of-workers/articleshow/80146462.cms SynopsisThe pandemic has left an indelible mark on the future of work and workers. It is time we grapple with the impact of
MSME: New-age lenders can be the solution to the credit chasm for MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/new-age-lenders-can-be-the-solution-to-the-credit-chasm-for-msmes/articleshow/80148203.cmsSynopsis The conventional distribution model of traditional lenders has always been tilted towards the urban areas and focuses on larger ticket sizes. The solution
America Withstands Attack on Democracy–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/america-withstands-attack-on-democracy/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The storming of Capitol Hill by mobs of
American Business Backs Democracy–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/american-business-backs-democracy/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The Georgia senate races on January 5, critical
Bad bank is a good idea, but India’s debt-laden banks need a better plan – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/view-bad-bank-is-a-good-idea-but-indias-debt-laden-banks-need-a-better-plan/articleshow/80158557.cmsSynopsis How does one make bad loans seamlessly move from banks to investors who love dealing in junk? How does one make such deals
Covid Vaccine: Who’s on the hook if Covid vaccines go wrong?–the economic times
Clipped from: https://economictimes.indiatimes.com/industry/healthcare/biotech/pharmaceuticals/view-whos-on-the-hook-if-covid-vaccines-go-wrong/articleshow/80145505.cmsSynopsis An additional challenge this time around is the space race-type international competition in vaccine development. China and Russia are promoting inoculations with little
H1B Visa Lottery: This year’s H-1B lottery: The Trump legacy of chaos must end – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/work/this-years-h-1b-lottery-the-trump-legacy-of-chaos-must-end/articleshow/80153936.cmsSynopsis For this year (FY 2021-22), the USCIS has attempted to change the lottery selection process to favor the highest paid employees first. That
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