Clipped from: https://www.deccanherald.com/opinion/panorama/the-thorns-that-still-afflict-india-s-economy-950214.htmlFinance Minister Nirmala Sitharaman. Credit: PTI Photo In his Budget speech of 2015-16, the late Arun Jaitley took a dig at the previous UPA
Month: February 2021
Sanjeev Ahluwalia | A bottom-up view of the annual Budget–deccan chronicle
Clipped from: https://www.deccanchronicle.com/opinion/columnists/130221/sanjeev-ahluwalia-a-bottom-up-view-of-the-annual-budget.html For citizens, at the receiving end of the pipe, what matters most is the efficiency and effectiveness of the last-mile expenditure management by the
Snapchat crosses 60 million users in India, clocks 150% growth in daily active users–business today
Clipped from: https://www.businesstoday.in/technology/news/snapchat-crosses-60-million-users-in-india-clocks-150-percent-growth-in-daily-active-users/story/431256.html Globally, Snapchat had 265 million daily active users in the December 2020 quarter. Over five billion ‘snaps’ were created daily on average by
What is Cryptocurrency Bill 2021; how it will impact bitcoin investors–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/what-is-cryptocurrency-bill-2021-how-it-will-impact-bitcoin-investors/story/431264.html Analysts have speculated that the new cryptocurrency bill might impact some existing investors who are already investing in private digital currencies like bitcoin
Post-budget cheer: Overseas investors pump in over Rs 22,000 crore in February so far–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/post-budget-cheer-overseas-investors-pump-in-over-rs-22000-crore-in-february-so-far/story/431243.html Overseas investors poured Rs 20,593 crore into equities and Rs 1,445 crore in the debt segment, taking the total net investment to Rs
Rebooting Economy 67: Set the record straight before setting up a Bad Bank–business today
Clipped from: https://www.businesstoday.in/opinion/columns/rebooting-economy-67-set-the-record-straight-before-setting-up-a-bad-bank/story/431212.html India needs to collect and declare credible data on stressed assets, identify sectors and companies where these are accumulated and be transparent in
Taxpayers registration to be suspended for ‘significant anomalies’ in GST sales return–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/taxpayers-registration-to-be-suspended-for-significant-anomalies-in-gst-sales-return/story/431242.html The Central Board of Indirect Taxes and Customs (CBIC) has issued an SOP for suspension of registration of a person on the observance
Income tax pampers senior citizens with extra benefits; here’s the list–business today
Clipped from: https://www.businesstoday.in/money/tax/income-tax-pampers-senior-citizens-with-extra-benefits-here-the-list/story/431104.html A senior citizen enjoys a higher exemption limit compared to non-senior citizens. While the exemption limit for the financial year 2020-21 available to
Donald Trump acquitted, denounced in historic impeachment trial – The Hindu
Clipped from: https://www.thehindu.com/news/international/us-senate-votes-to-acquit-donald-trump-as-republicans-save-him-in-impeachment-again/article33833084.ece?homepage=true In the vote, seven of the 50 Senate Republicans joined the chamber’s unified Democrats in favouring conviction. Donald Trump on Saturday was acquitted
Apollo Hospitals sees rise in OPD footfall – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/apollo-hospitals-sees-rise-in-opd-footfall/article33830527.ece?homepage=true Healthcare major posts ₹106-crore net profit in third quarter Outpatient department (OPD) footfall at healthcare major Apollo Hospitals has reached around 70 per
NPAs to be nebulous owing forbearance dispensations, restructuring schemes: CARE – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/npas-to-be-nebulous-owing-forbearance-dispensations-restructuring-schemes-care/article33827877.ece?homepage=true Non-performing assets (NPAs) of Banks this year would tend to be a bit nebulous due to the various forbearance dispensations that have been
Loan recovery: Ministry gives more power in the hands of NBFCs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/loan-recovery-ministry-gives-more-power-in-the-hands-of-nbfcs/article33831409.ece?homepage=true NBFCs allowed to use SARFAESI law for minimum loan size of Rs 20 lakh The Finance Ministry has operationalised a budget announcement that
SEBI’s proposals on ‘rejected directors’ are welcome – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/sebis-proposals-on-rejected-directors-are-welcome/article33824160.ece?homepage=true Recommendations will empower shareholders and boost corporate governance To uphold shareholder rights, the Securities and Exchange Board of India came out with a
A key step for inclusive growth – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/a-key-step-for-inclusive-growth/2193776/ Benefits extended to the affordable rental housing segment in the Budget will prove key to dignified living for migrant workers in cities The
‘Only 20% small businesses offer online services, leaving market for last-mile logistics largely untapped’ – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-logi-only-20-small-businesses-offer-online-services-leaving-market-for-last-mile-logistics-largely-untapped/2192975/ Logistics for MSMEs: Intra-city logistics providers, which usually deal with instant and on-demand delivery requirements, have a high degree of commitment to ensuring
Amazon integrates Pantry within Fresh to create a single online grocery store – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/amazon-integrates-pantry-within-fresh-to-create-a-single-online-grocery-store/2193703/ Rival Grofers claims to have acquired 18 lakh new customers during the lockdown and managed to retain more than 70% of those who
‘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
Tax disputes: ‘Faceless assessment key to solve problem’ – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/tax-disputes-faceless-assessment-key-to-solve-problem/2193806/ The consideration received or receivable for e-commerce supply or services won’t include considerations that are already taxable as royalty or fees for technical
Even India’s former chief justice won’t go to the nation’s courts – The Economic Times
Clipped from: https://economictimes.indiatimes.com/politics/nation/even-indias-former-chief-justice-wont-go-to-the-nations-courts/articleshow/80890809.cmsSynopsis Court systems in Asia’s third-largest economy are clogged with over 43 million cases and a shortage of judges means that some cases can
How connected agri-value chains can pave way for an Atmanirbhar farming sector – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/how-connected-agri-value-chains-can-pave-way-for-an-atmanirbhar-farming-sector/articleshow/80892559.cmsSynopsis The priority of a self-reliant India should be a self-reliant farming sector. Connecting all stakeholders within the agri value chain would be a