Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/sebi-drops-fraud-charges-against-nse-former-md-narain-chitra-ramkrishna/article33803758.ece?homepage=true In a relief to Ravi Narain and Chitra Ramkrishna, the two former longest serving bosses of the National Stock Exchange (NSE), market regulator
Month: February 2021
Home buyers to be asked for KYC, info on source of funds by real estate agent – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/real-estate/home-buyers-to-be-asked-for-kyc-info-on-source-of-funds-by-real-estate-agent/articleshow/80326908.cms Synopsis–The government has issued two notifications dated December 28, 2020, making it mandatory for real estate agents to maintain records of transactions facilitated
Twitter must abide by Indian laws, govt says – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/technology/twitter-must-abide-by-indian-laws-government-says/articleshow/80798095.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Twitter is siding not with “freedom of expression” but rather with those who seek to abuse such freedom and provoke disturbance to public
The Finance Minister’s 2021 Budget has thrown a huge lifeline, but will it work? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/search-rescue-operation/articleshow/80792802.cms Synopsis–The 2021-22 deficit is projected to decline to 6.5%, still very high, and similar in size to India’s fiscal deficits after the 1991-92
Nirmala Sitharaman’s Budget has growth written all over it – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-nirmala-sitharamans-budget-has-growth-written-all-over-it/articleshow/80792799.cms Synopsis–This budget is not a traditional ‘consumption-led’ one, but rather infra-led, one that has high multipliers of growth. While it addressed several levers
No fiscal road map is meaningful without states: NK Singh – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/no-fiscal-road-map-without-states/articleshow/80795664.cms Synopsis–“Need a path that involves both Centre and states on fiscal deficit and debt; have suggested the constitution of an inter-governmental body of
Revamped Gold Scheme: Minimum deposit cut to 10 gm, jewellers roped in – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/revamped-gold-scheme-minimum-deposit-cut-to-10-gm-jewellers-roped-in/articleshow/80795970.cmsSynopsis Mobilising most of the idle gold from Indian households will help the country reduce dependence on import of gold and address the issue
IRDAI working group for introduction of index-linked insurance products – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/irdai-working-group-for-introduction-of-index-linked-insurance-products/article33793593.ece A working group of Insurance Regulatory and Development Authority of India (IRDAI) has recommended the introduction of Index-Linked Insurance Products (ILIP). In its
Most of Indian internet users hesitant to handle certain apps on privacy concerns: OLX study – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/most-of-indian-internet-users-hesitant-to-handle-certain-apps-on-privacy-concerns-olx-study/article33790333.ece?homepage=true Indian internet users are more concerned about their safety and privacy in 2021. They are considering stopping the use of certain apps due
Protein deficiency, not age or weather, drives Covid-19 pandemic: Report – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/science/protein-deficiency-not-age-or-weather-drives-covid-19-pandemic-report/article33798571.ece?homepage=true The study revealed that it was not the age factor or weather condition that should be blamed for the unchecked spread of the
Big brother may be watching – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/from-the-viewsroom/big-brother-may-be-watching/article33794226.ece?homepage=true Idea of scrutiny of social media posts for passport unjustified The Director-General of Police of Uttarakhand, Ashok Kumar, recently stated that citizens posting
A roadmap for a cleaner, greener India – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/a-roadmap-for-a-cleaner-greener-india/article33794886.ece The push towards a gas-based economy, emphasis on EVs and digital innovation across energy systems will help India is the world’s sixth-largest economy
Return of DFIs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/return-of-dfis/article33794397.ece?homepage=true Setting up a development financial institution is a good idea, but past errors should be avoided The Centre is banking on long-term infrastructure
Towards decriminalising minor offences – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/towards-decriminalising-minor-offences/article33794159.ece?homepage=true The Centre’s move to separate good-faith errors or omissions from mala fide ones will bolster ease of doing business Assurance as a part
Indian spending on women’s safety ‘grossly inadequate’, says Oxfam – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/indian-spending-on-womens-safety-grossly-inadequate-says-oxfam/article33798232.ece?homepage=true Funds earmarked for setting up helplines, opening crisis centres and introducing gender-sensitisation training for officials remain unspent, the charity said in a report
Old wine, new bottle | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/old-wine-new-bottle-121020901964_1.html New DFI should not just be a bailout of the old One of the important announcements in this year’s Union Budget was the
A steep fiscal correction | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/a-steep-fiscal-correction-121020901981_1.html With modest revenue effort, the burden of cutting the deficit will fall on a big expenditure contraction About 10 days ago, the Union
A compliance strategy for GST | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/a-compliance-strategy-for-gst-121020901985_1.html It is quite clear that to get the compliance benefit of the GST design, all economic entities must be brought within the tax
CEA to bankers: If you want books in order then let your ‘karma’ be driven by your ‘dharma’ – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/cea-to-bankers-if-you-want-books-in-order-then-let-your-karma-be-driven-by-your-dharma/2191482/ CEA Krishnamurthy V Subramanian was delivering the 11th R K Talwar memorial lecture organised by the Indian Institute of Banking and Finance. It
Pro forma gross NPAs of 17 banks estimated to be Rs 7 lakh crore – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/pro-forma-gross-npas-of-17-banks-estimated-to-be-rs-7-lakh-crore/2191468/ This implies Rs 1.04 lakh crore of bad loans in the system, which is yet to be recognised by the banks. The apex
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