The Reserve Bank of India, during its latest monetary policy review, proposed to allow retail investors to park their money in government securities (G-Secs) —
Month: February 2021
Shailaja Chandra writes: Four important things go to the root of what ails the health sector but these did not find place in the budget–indian express
Clipped from: https://indianexpress.com/article/opinion/columns/budget-health-sector-ayushman-bharat-covid-7181738/ As normalcy starts to return, basic health protection for Indians must no longer be bought. It must be assured through participation. A massive
Term Insurance Eligibility Criteria: Why your age, health & income matter | Lifestyle News,The Indian Express
Clipped from: https://indianexpress.com/article/lifestyle/sponsored-lifestyle/term-insurance-eligibility-criteria-why-your-age-health-income-matter-explained-7174096/ A term insurance plan is a protection plan that helps to ensure in case of one’s untimely demise… where, your financial dependents are
संतचरण लागता सहज… –महाराष्ट्र टाइम्स
Clipped from: https://maharashtratimes.com/editorial/sagun-nirgun/sagun-nirgun-by-dr-suniti-sahastrabuddhe-sant-tukaram-gatha-and-his-gatha/articleshow/80778156.cms ‘श्रवणे घडे चित्तशुद्धी.’ श्रवण केल्याने चित्त शुद्ध होते. शुद्ध होते, म्हणजे स्वच्छ होते. मनुष्याला चित्तामध्ये नको असलेली साठवण ठेवण्याची खूप सवय असते. काय
Rebooting Economy 66: Is India facing credit deprivation to warrant corporation banks?–business today
Clipped from: https://www.businesstoday.in/opinion/columns/rebooting-economy66-is-india-facing-credit-deprivation-to-warrant-corporation-banks/story/430868.html RBI’s database, reports and other evidence show India is credit surplus; large industrial houses have high debt stress, and that easy credit poses
SC asks CBDT to decide on exemption to NRIs from paying income tax in India–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/sc-asks-cbdt-to-decide-on-exemption-to-nris-from-paying-income-tax-in-india/story/430869.html Several NRIs, stuck in the country due to Covid-19 travel restrictions, have been seeking relief from paying income tax under the residency criteria
CAG picks holes in daily fuel pricing system; says petrol pumps delay revising rates–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/cag-picks-holes-in-daily-fuel-pricing-system-says-petrol-pumps-delay-revising-rates/story/430863.html The audit showed that there were 3,463 instances in 91 out of 188 outlets (Indian Oil – 40, Hindustan Petroleum -35 and Bharat
Berger Paints stock rises 4% on strong Q3 earnings–business today
Clipped from: https://www.businesstoday.in/markets/company-stock/berger-paints-stock-rises-4-on-strong-q3-earnings/story/430866.html Berger Paints share has fallen 6.5% in a month. Year-to-date, the stock is down 0.25%. However, it has risen 3.92% in one week
Germany plans to extend restrictions until March 14–business today
Clipped from: https://www.businesstoday.in/current/world/germany-plans-to-extend-restrictions-until-march-14/story/430861.html The number of new daily infections in Germany has been falling, leading some regional leaders to push for a timetable to ease the
Yes Bank CEO says foreign firms keen to invest in proposed asset reconstruction arm – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/yes-bank-ceo-says-foreign-firms-keen-to-invest-in-proposed-asset-reconstruction-arm/articleshow/80784930.cmsSynopsis “There has been lot of interest from foreign investors for our ARC business. We are likely to put in initial capital of 10
Tax on partnership firms: Budget change to put real estate, infrastructure consultancy firms in a fix – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/tax-on-partnership-firms-budget-change-to-put-real-estate-infrastructure-consultancy-firms-in-a-fix/articleshow/80779879.cmsSynopsis After these assets appreciated, they would bring in a new partner and old partners would exit or retire from the partnership after taking
indian economy: India’s spending on growth to bring the economy on track leaves little for its vulnerable – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/indias-spending-on-growth-to-bring-the-economy-on-track-leaves-little-for-its-vulnerable/articleshow/80778896.cmsSynopsis While Modi’s popularity has endured throughout the pandemic, lower spending on social programs risks undermining his support as farmer protests gain international support.
Investors worried as India mulls banning Bitcoin – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/investors-worried-as-india-mulls-banning-bitcoin/articleshow/80778791.cms SynopsisFollowing the government’s announcement that it plans to ban private cryptocurrencies, the family office has approached a leading foreign exchange lawyer to check
I-T refunds worth Rs 1.91 lakh crore issued between April 1 – Feb 8 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/i-t-refunds-worth-rs-1-91-lakh-crore-issued-between-april-1-feb-8/articleshow/80788118.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Of this, personal income tax refunds of Rs 67,334 crore have been issued to over 1.84 crore taxpayers and corporate tax refunds of
JSW Group set to enter the e-commerce market by scaling up its JSW One initiative – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/jsw-group-set-to-enter-the-e-commerce-market-by-scaling-up-its-jsw-one-initiative/articleshow/80790941.cmsSynopsis As part of its e-commerce foray, JSW Group will also extend JSW One platform to influencers in the home-construction industry including contractors, masons,
Adar Poonawalla to own Magma FinCorp via equity infusion – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/adar-poonawalla-to-own-magma-fincorp-via-equity-infusion/articleshow/80791361.cmsSynopsis The preferential allotment is for an aggregate value of Rs. 3,456 crores, subject to shareholders’ and other regulatory approvals, the company said. Adar
How can India save $60 billion in forex every year? Start an international shipping line – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/how-can-india-save-60-billion-in-forex-every-year-start-an-international-shipping-line/articleshow/80779511.cms Synopsis–It is an idea whose time has come. A shipping line along with a port-led development model is what can drive India towards
We should target $340-$350 bln in exports for FY 22; contraction in trade lower than expected: FIEO – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/we-should-target-340-350-billion-in-exports-for-fy-22-contraction-in-trade-lower-than-expected-fieo/articleshow/80787035.cmsSynopsis Addressing a range of issues that are impeding growth for the exports sector, FIEO said that economic growth is not possible without a
NeoGrowth Credit launches Vendor Finance Express for SMEs — SME–The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/neogrowth-credit-launches-vendor-finance-express-for-smes/articleshow/80781609.cmsSynopsis The product is document light with no demand for invoices as part of documentation hence, making the application process hassle free for the
Nearly 70K women borrowers get credit guarantee under Modi govt’s flagship MSME support scheme – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-cgtmse-nearly-70k-women-borrowers-get-credit-guarantee-under-modi-govts-flagship-msme-support-scheme/2192094/ Credit and Finance for MSMEs: The loan accounts approved during FY20 for women entrepreneurs under CGTMSE to support their business expansion and growth
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