Clipped from: https://www.financialexpress.com/industry/sme/msme-tech-msme-registration-crosses-20-lakh-mark-on-modi-govts-udyam-portal-nearly-doubles-in-three-months/2191291/ Technology for MSMEs: Udyam Registration is currently integrated with the Central Board of Direct Taxes and GST networks along with the public procurement portal
Day: February 10, 2021
‘India lost more than a year’s worth of growth; can’t afford to go on a debt binge’ – The Financial Express
Clipped from: https://www.financialexpress.com/budget/india-lost-more-than-a-years-worth-of-growth-cant-afford-to-go-on-a-debt-binge/2187664/ Union Budget 2021 India: The economic contraction — the first in India since the 1970s — has put pressure on its government like
Top 100 wilful defaulters owe lenders Rs 84,632 crore – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/top-100-wilful-defaulters-owe-lenders-rs-84632-crore/articleshow/80753675.cmsSynopsis While banks wrote off nearly three-fourth of it to clean their balance sheet and get tax benefits, the default borrowers continue to appear
Service complaints by bank customers rise 57 pc to over 3 lakh: RBI report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/service-complaints-by-bank-customers-rise-57-pc-to-over-3-lakh-rbi-report/articleshow/80754191.cmsSynopsis The number of complaints pertaining to ‘Direct Sales Agent (DSA) and recovery agents’ increased from 629 complaints in 2018-19 to 1,406 this year,
Basic Customs Duty on mobile phone components to spur localisation – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/electronics/basic-customs-duty-on-mobile-phone-components-to-spur-localisation/articleshow/80768190.cmsSynopsis Sandeep Narula, Chairman of ESC said: “The imposition of customs duty is designed to make India a strong assembling hub, and will considerably
budget 2021: Prudence doesn’t mean stinginess or frugality: TV Somanathan, Expenditure Secretary – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/interviews/prudence-doesnt-mean-stinginess-or-frugality/articleshow/80675313.cmsSynopsis Revenue estimates have been prepared in a somewhat conservative manner… The numbers are reasonable, but it can still go wrong. If we do
Persistent’s revenue outlook improves on digital offerings – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/after-a-50-rally-revenue-visibility-just-got-better-for-this-it-stock/articleshow/80749360.cms Synopsis–In line with bigger peers, Persistent showed a strong topline growth and margin improvement in the third quarter. Revenue grew by 7.4% sequentially
Bitcoin’s Tesla-driven rally fizzles after prices hit $48,000 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/bitcoin-tops-47000-for-first-time-after-tesla-purchase/articleshow/80760726.cmsSynopsis Bitcoin’s ascent to its latest summit came with big swings that continue to stoke controversy about its outlook. The frenzied rally in Bitcoin lost momentum
Discretionary consumption coming back: Amnish Aggarwal – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/discretionary-consumption-coming-back-amnish-aggarwal/articleshow/80768959.cmsSECTIONSDiscretionary consumption coming back: Amnish AggarwalLast Updated: Feb 09, 2021, 05:17 PM ISTSynopsis ‘Small and medium scale enterprises have been under pressure.’ Shift towards
Expect 20-25% uptick in financials and 40% upside in banks in near term – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/expect-20-25-uptick-in-financials-and-40-upside-in-banks-in-near-term-avneesh-sukhija/articleshow/80770179.cmsSECTIONSExpect 20-25% uptick in financials and 40% upside in banks in near termLast Updated: Feb 09, 2021, 06:32 PM ISTSynopsis The capex that everyone
India was a laggard last year, this Budget has changed growth trajectory: Punita Kumar Sinha – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/india-was-a-laggard-last-year-this-budget-has-changed-growth-trajectory-punita-kumar-sinha/articleshow/80770980.cmsSECTIONSIndia was a laggard last year, this Budget has changed growth trajectory: Punita Kumar SinhaLast Updated: Feb 09, 2021, 07:20 PM ISTSynopsis There could
PF interest rate: Tax on PF interest will change the way we invest in it: How the Budget hits your PF – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/invest/tax-on-pf-interest-will-change-the-way-we-invest-in-it-how-the-budget-hits-your-pf/articleshow/80720630.cmsSynopsis This is not the first time the government has proposed to tax Provident Fund money. A significant number of salaried employees use the
Should you be positive on ITC? Siddhartha Khemka answers – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/how-to-position-in-itc-siddhartha-khemka-answers/articleshow/80742924.cmsSECTIONSShould you be positive on ITC? Siddhartha Khemka answersLast Updated: Feb 08, 2021, 09:52 AM ISTSynopsis Even if the numbers for the other segments
Government may issue clarification on e-commerce sector: Piyush Goyal – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/govt-considering-certain-clarifications-on-fdi-in-e-commerce-sector-piyush-goyal/articleshow/80771632.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Separately, the minister also said that India is waiting for the confirmation of the new United States Trade Representative before starting a dialogue
Fines, jail term for breach of UK’s new COVID-19 travel rules – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/world-news/fines-jail-term-for-breach-of-uks-new-covid-19-travel-rules/articleshow/80771907.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis In a statement to the House of Commons, Health Secretary Matt Hancock unveiled the new rules to come into force from next Monday,
Fiscal policy must be counter-cyclical: Krishnamurthy Subramanian, CEA – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/fiscal-policy-must-be-counter-cyclical/articleshow/80774266.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis It’s quite likely that fiscal deficit will be lower than what’s mentioned. When you under-promise and over-deliver, it generates enormous credibility, says Krishnamurthy
What recovery? Clothes retailers cut orders while factories fight to survive – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/what-recovery-clothes-retailers-cut-orders-while-factories-fight-to-survive/articleshow/80759349.cmsSynopsis The pain is flowing to major garment manufacturing centres like Bangladesh, whose economies rely on textile exports. Factories are struggling to stay open.
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