Clipped from: https://www.thehindubusinessline.com/money-and-banking/bad-bank-should-have-been-set-up-3-4-years-back-not-now-kotak-securities-report/article33574483.ece Would have been useful just after AQR or earlier when stress was building up and banks were looking to delay bad debt recognition
Day: January 15, 2021
Late income-tax returns surge slows direct tax mop-up contraction | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/late-income-tax-returns-surge-slows-direct-tax-mop-up-contraction-121011500037_1.html Net collection stands at Rs 6.57 trn, compared with Rs 7.24 trn a year ago A surge in filing income-tax returns for the financial year
A Global Ill Wind Of Inflation–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/a-global-ill-wind-of-inflation/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The rising trend in commodity prices calls for
Good riddance to an illiberal mandate–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/good-riddance-to-an-illiberal-mandate/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The Allahabad High Court has delivered a signal
Give cash incentives to women to enter the workforce and reap the rewards – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/upping-womanual-labour/articleshow/80273004.cms Synopsis–India needs a well-crafted policy that draws more women to work. GoI data show that labour force participation of women aged 15-plus was
The likely impact of Jack Ma’s disappearance on Paytm’s Vijay Shekhar Sharma – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/technology/view-the-likely-impact-of-jack-mas-disappearance-on-paytms-vijay-shekhar-sharma/articleshow/80273563.cms Synopsis–With other strategic backers like Softbank fussing over profitability after Vision Fund’s missteps it’s time for Sharma to figure out what Paytm –
Raghuram Rajan’s 10-point guide on what will and won’t work for India in a pandemic – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/raghuram-rajans-budget-advice-to-finance-minister-nirmala-sitharaman/articleshow/80266549.cmsSynopsis At a time where the whole economy is in crisis, the noted economist said it was crucial for Finance Minister Nirmala Sitharaman to
ICICI Bank ties up with Niyo to issue prepaid cards to MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/icici-bank-ties-up-with-niyo-to-issue-prepaid-cards-to-msmes/articleshow/80266108.cmsSynopsis The ‘ICICI Bank Niyo Bharat Payroll Card’ allows an individual to receive funds upto Rs 1 lakh into the card account. MUMBAI: ICICI Bank and fintech company Niyo on
Slow global economy: High cyber fraud cases on Indian exporters–the economic times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/slow-global-economy-high-cyber-fraud-cases-on-indian-exporters/articleshow/80266552.cms SynopsisWhile the government has said that such cyber frauds are causing increased bilateral trade disputes and asked exporters to be cautious, exporters expect
England high streets could lose 400,000 jobs post Covid: Study – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/business/england-high-streets-could-lose-400000-jobs-post-covid-study/articleshow/80268691.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Covid-19 has already ravaged the UK retail sector, with tens of thousands of jobs being lost and big-name bankruptcies, although supermarkets have boomed.
Joe Biden to unveil plan to pump $1.5 trillion into pandemic-hit economy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/business/joe-biden-to-unveil-plan-to-pump-1-5-trillion-into-pandemic-hit-economy/articleshow/80268328.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Biden campaigned last year on a promise to take the pandemic more seriously than President Donald Trump, and the package aims to put
Former RBI Governor Raghuram Rajan: Sensex seems to be over the crisis, but it has just started: Raghuram Rajan | ET Hindi
Clipped from: https://economictimes.indiatimes.com/hindi/markets/share-bazaar/sensex-indicates-problem-is-over-but-it-has-just-started-raghuram-rajan/articleshow/80269817.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Car sales are increasing, due to which demand is increasing from the rich people of the country. But the sale of two wheels is not
From ethanol to soybean, India has a lot to trade with US, says Gadkari – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/from-ethanol-to-soybean-india-has-a-lot-to-trade-with-us-says-gadkari/articleshow/80263245.cmsSynopsis Touching upon the subject of food vs fuel the minister said that the government has given permission to making ethanol from corn, rice
Budget 2021 Expectations for MSMEs: MSMEs seek lower GST on professional services to benefit from each other | The Financial Express
Clipped from: https://www.financialexpress.com/budget/budget-2021-expectations-msmes-seek-lower-gst-on-professional-services-to-benefit-from-each-other/2165739/ Union Budget 2021 Expectations for MSMEs: The Central Board of Indirect Taxes and Customs had recently notified that enterprises with over Rs 50
Govt must raise spending to boost growth – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/govt-must-raise-spending-to-boost-growth/article33570087.ece?homepage=true This is driven largely by an expected robust recovery in the second half of 2020-21 in three sectors — financial, real estate and
Gujarat HC declines to interfere in CBDT’s order of not extending due date of Audit Reports – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/gujarat-hc-declines-to-interfere-in-cbdts-order-of-not-extending-due-date-of-audit-reports/article33575916.ece?homepage=true Gujarat High Court has decided not to overrule the order by Central Board of Direct Taxes (CBDT) related to the due date for
RBI’s FSDC panel reviews insolvency resolution under IBC – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbis-fsdc-panel-reviews-insolvency-resolution-under-ibc/article33570381.ece The Sub-Committee, chaired by Governor Shaktikanta Das, also discussed changes in the regulatory framework relating to Alternative Investment Funds (AIFs) set up in
Budget 2021 Expectations for MSMEs: MSMED Act, MSEFCs have no teeth to resolve payment issues : Assocham’s Raikar | The Financial Express
Clipped from: https://www.financialexpress.com/budget/budget-2021-expectations-msmed-act-msefcs-have-no-teeth-to-resolve-payment-issues-assochams-raikar/2171090/ Union Budget 2021 Expectations for MSMEs: According to the MSME Development Act, state governments have to ensure that the MSEFC hold meetings regularly
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