Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/warren-buffetts-10-billion-mistake-precision-castparts/articleshow/81253394.cmsSynopsis Berkshire wrote off $9.8 billion of Precision’s value last August, as the coronavirus pandemic sapped demand for air travel and the Portland, Oregon-based
Day: February 28, 2021
Bringing petroleum products under GST will be good move: Chief Economic Advisor – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/bringing-petroleum-products-under-gst-will-be-good-move-chief-economic-advisor/article33954229.ece Chief Economic Advisor K V Subramanian has backed a proposal to bring petroleum products under the ambit of the Goods and Services Tax
More companies opting for cyber insurance, hiking limit: Bharat Re Insurance Brokers – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/more-companies-opting-for-cyber-insurance-hiking-limit-bharat-re-insurance-brokers/article33949621.ece?homepage=true Spotlight on business interruption cover due to Covid More and more companies are taking up cyber insurance in recent years and those with
Reviving private sector investment more important than FDI: Birla – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/reviving-private-sector-investment-more-important-than-fdi-birla/article33950644.ece?homepage=true The government has done the initial plumbing work for the Indian economy to come out of the Covid crisis and it is now
Small-savings inflows are down to a trickle – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/small-savings-inflows-are-down-to-a-trickle/article33950772.ece Collections seen inching up by 3% y-o-y in FY21 on falling rates, rising equities Growth in collections in post office small-savings schemes is
Small loans, big stakes: Why MSMEs are banking on fintech lenders | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/small-loans-big-stakes-why-msmes-are-banking-on-fintech-lenders-121021601359_1.html Speed and flexibility to cater to a wider segment of small borrowers are tilting market in their favour What’s helping new-age lenders outdo
US House passes $1.9 trillion pandemic bill on near party-line vote | Business Standard News
Clipped from: https://www.business-standard.com/article/international/us-house-passes-1-9-trillion-pandemic-bill-on-near-party-line-vote-121022700529_1.html This is a win for President Joe Biden The House approved a $1.9 trillion pandemic relief bill in a win for President Joe
Fiscal deficit hits Rs 12.34 trillion at end of January, shows data | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/fiscal-deficit-hits-rs-12-34-trillion-at-end-of-january-shows-data-121022700068_1.html The fiscal deficit at the end of January in the previous financial year was 128.5 per cent of the Revised Estimates (RE) The
Indian judiciary and law of Habeas Porcus | SHEKHAR GUPTA: Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/shekhar-gupta-indian-judiciary-and-law-of-habeas-porcus-121022601439_1.html It’s the prime responsibility of judiciary to ensure our liberty and habeas corpus is the usual route. But ‘bail, not jail’ is being
WhatsApp can tell on you without snooping – The Financial Express
Clipped from: https://www.financialexpress.com/industry/technology/whatsapp-can-tell-on-you-without-snooping/2203325/ The government has asked companies to disclose the first originator of what is deemed as mischievous messages by the government. However, for such
Govt announces ‘One District One Focus Produce’ programme – The Financial Express
Clipped from: https://www.financialexpress.com/economy/govt-announces-one-district-one-focus-produce-programme/2203182/ It took almost nine months to design after Prime Minister Narendra Modi, during his interaction with officials in May last year on ways
We must continue to trade with China, says Bajaj Auto’s Managing Director Rajiv Bajaj – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/we-must-continue-to-trade-with-china-says-bajaj-autos-managing-director-rajiv-bajaj/articleshow/81244770.cmsSynopsis Bajaj also said that in terms of ease of doing business, operating something in one of the ASEAN countries is certainly easier than
Modi govt has been quietly following the idea of Aatmanirbharta for the past seven years – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/modi-govt-has-been-quietly-following-the-idea-of-aatmanirbharta-for-the-past-seven-years/articleshow/81248310.cmsSynopsis While the tagline — Aatmanirbharta — is new, the Centre has been quietly following the idea inherent in it since the first Modi
GST reconciliation & the credit dilemma – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/gst-reconciliation-the-credit-dilemma/2202862/ The issue of whether the recipient of services can be penalised for non-compliance by the vendor remains open and unanswered However, while that
US owes India USD 216 billion as American debt soars to USD 29 trillion: lawmaker – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/us-owes-india-usd-216-billion-as-american-debt-soars-to-usd-29-trillion-lawmaker/articleshow/81240956.cmsSynopsis America’s national debt was USD5.6 trillion in 2000. During the Obama administration, it actually doubled. In 2020, the US national debt was USD
Reliance partners Google, Facebook in seeking NUE licence from RBI – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/tech-bytes/reliance-partners-google-facebook-in-seeking-nue-licence-from-rbi/articleshow/81237979.cmsSynopsis The new umbrella entity (NUE) will be jointly promoted by a Reliance unit and Infibeam Avenues’ So Hum Bharat, while Facebook and Google
Gadkari urges MSMEs to avail concessional finance and install solar rooftops – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/gadkari-urges-msmes-to-avail-concessional-finance-and-install-rooftop-solar/articleshow/81239869.cmsSynopsis The minister observed that a large amount is being paid by the MSMEs for power consumption, which contributes to up to one-fifth of
GST Dynamic QR Code for B2C invoices: All you need to know to stay compliant – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/gst-dynamic-qr-code-for-b2c-invoices-all-you-need-to-know-to-stay-compliant/articleshow/81240268.cms Synopsis–The concept of UPI QR code is being followed by digital payment processors and is also available under the Income Tax Law. It’s
Which financial ratios tell you best about the health of a bank – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/which-financial-ratios-tell-you-best-about-the-health-of-a-bank/articleshow/81240691.cmsSynopsis Before jumping in to understand how to analyze bank stocks, one needs to understand the business model of banks and how they make
