Clipped from: https://www.financialexpress.com/economy/gst-officers-arrest-one-for-operating-46-fake-firms-passing-on-itc-worth-rs-82-23-cr/2173382/ The network of fake firms was operated by Arvind Kumar, who used to pass fake ITC for a commission of 4 to 4.5
Month: January 2021
On cartels and regulators: Delhi needs to appreciate priority industries – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/on-cartels-and-regulators-delhi-needs-to-appreciate-priority-industries/2172792/ We need 21st century thinking of distinguishing cartels from competition By Yoginder K Alagh We have again seen the government at the highest
Understanding standards: Facilitating acceptance of Indian goods abroad – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/understanding-standards-facilitating-acceptance-of-indian-goods-abroad/2172797/ The challenges in the standards and conformity assessment domain are quite complex, needing a highly professional, expertise-driven cohesive strategy. By Anil Jauhri As
Indian garment exporters start getting orders again with Covid-19 vaccination roll out – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/indian-garment-exporters-start-getting-orders-again-with-covid-19-vaccination-roll-out/articleshow/80323477.cmsSynopsis Fashion brands have started placing fresh orders for the summer-spring season, as they expect consumption in top European and North American markets to
Stressed & moribund: To understand the fundamental problem with SMEs, look at the owners – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/stressed-moribund-to-understand-the-fundamental-problem-with-smes-look-at-the-owners/articleshow/80328850.cmsSynopsis A typical SME does not have innovative or unique products for which it can charge a price premium. It does not have the
Budget may offer new direct tax dispute resolution framework – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/policy-trends/budget-may-offer-new-direct-tax-dispute-resolution-framework/articleshow/80321893.cmsSynopsis Govt is considering options such as mediation or a permanent dispute resolution system with pre-specified benchmarks on the lines of the ‘Vivad Se
SOLV launches of ‘Buy Now, Pay Later’ for MSME Sector – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/solv-launches-of-buy-now-pay-later-for-msme-sector/articleshow/80324917.cmsSynopsis BNPL is helping SOLV further reinforce trust on the platform as it meets the needs of both parties – sellers who want to
Can IBC override existing contracts? Why giving primacy to insolvency law may set a wrong precedent – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/legal/can-ibc-override-existing-contracts-why-giving-primacy-to-insolvency-law-may-set-a-wrong-precedent/articleshow/80322886.cmsSynopsis There is no bar against the termination of agreements during the moratorium period under IBC other than contracts relating to essential services such
India poised to take the lead in vaccine distribution to Asia-Pacific: Moody’s Analytics – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/india-poised-to-take-the-lead-in-vaccine-distribution-to-asia-pacific-moodys-analytics/articleshow/80326919.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis “As the largest producer of vaccines in the world, with 60% of the global share, India is well-positioned to use its existing manufacturing
The very real problem of “she-cession” and what Nirmala Sitharaman can do to undo it – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/the-very-real-problem-of-she-cession-and-what-nirmala-sitharaman-can-do-to-undo-it/articleshow/80322849.cmsSynopsis Almost 17 million women lost their jobs in the first month of lockdown alone, data released by the CMIE showed. Ankita Sen Senior
Most major economies are shrinking. Not China’s. – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/business/most-major-economies-are-shrinking-not-chinas-/articleshow/80323271.cmsSynopsis Keeping the virus at bay has been critical to China’s economic success over the past year. While the pandemic ravages other nations, Beijing’s
Budget in the time of Covid pandemic – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/ashima-goyal/budget-in-the-time-of-covid-pandemic/article33594587.ece Excessive spending at this moment is unnecessary. Demand needs to be kept just ahead of supply to boost economic activity Battling with Covid-19
TreD push – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/trade-receivables-and-discounting-system-players-could-do-with-trade-credit-insurance/article33594602.ece Trade Receivables and Discounting System players could do with trade credit insurance The Trade Receivables and Discounting System (TreDs), begun in 2014, has
Banking on the middle ground – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/banking-on-the-middle-ground/article33594391.ece The book is long on analysis but short on solutions This is a well thought out, neutral book by someone who is both
Road ahead for co-operative banks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/road-ahead-for-co-operative-banks/article33593825.ece The RBI has powers now to regulate UCBs on par with commercial banks. Can depositors hope for a time-bound resolution? Distressed depositors of
Mobile app for gold loan launched in Kochi – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/mobile-app-for-gold-loan-launched-in-kochi/article33598465.ece This is for the first time that an app for gold loans has been launched Kochi-based Gold Dimensions Pvt Ltd has introduced a
U.K. has said it cannot extradite Vijay Mallya, Centre informs Supreme Court – The Hindu
Clipped from: https://www.thehindu.com/news/national/uk-has-said-it-cannot-extradite-vijay-mallya-centre-informs-sc/article33600253.ece?homepage=true The U.K. government had communicated that there was a ‘further legal issue’ to be resolved before the businessman could be extradited The United
Is inflation coming back? – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/is-inflation-coming-back/2172802/ If inflation is set to rise globally—contrary, by the way, to what most analysts expect—what would be the implications for equity markets and
Make the most of the Supreme Court’s farm panel – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/make-the-most-of-the-supreme-courts-farm-panel/2172824/ This is a chance for Punjab’s agitating farmers to negotiate a central package to help fund a crop diversification plan There is little
KSK Mahanadi’s insolvency in limbo as 4 bidders back out – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/ksk-mahanadis-insolvency-in-limbo-as-4-bidders-back-out/articleshow/80158983.cmsSynopsis The four bidders were among seven applicants that had expressed interest in acquiring the power company that owns a 3,600 MW thermal power
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