Clipped from: https://www.business-standard.com/article/finance/inflation-budget-and-its-implications-rbi-s-two-guiding-forces-on-rates-121020500358_1.html The other signals expected from the policy related to the rollback of measures announced during the pandemic The guiding forces for Friday’s monetary
Month: February 2021
Future-RIL deal skating on thin ice, may even get derailed, say lawyers | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/future-ril-deal-skating-on-thin-ice-may-even-get-derailed-say-lawyers-121020500845_1.html They believe the best way forward is for Amazon and Future to negotiate with each other on how to ensure that Future group
Fast-food chains get future-ready as curbs are fully lifted, biz recovers | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/fast-food-chains-get-future-ready-as-curbs-are-fully-lifted-biz-recovers-121020501696_1.html Robust store rollouts in the works; focus on dine-in and delivery Food service players such as Jubilant FoodWorks and Westlife Development are putting
Don’t shy away from running a larger fiscal deficit – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/view-dont-shy-away-from-running-a-larger-fiscal-deficit/articleshow/80739338.cmsSynopsis A target figure for a country’s fiscal deficit cannot be arrived at in a vacuum. A nation’s economic growth rate, current level of
Over 2.9 lakh cyber security incidents related to digital banking reported in 2020 – The Hindu
Clipped from: https://www.thehindu.com/sci-tech/technology/over-29-lakh-cyber-security-incidents-related-to-digital-banking-reported-in-2020/article33757241.ece?homepage=true The Minister of State for Electronics and IT Sanjay Dhotre noted that the rising popularity of non-banking financial companies (NBFCs) along with e-commerce
Buffeted by Centre and State, GM threatens legal action – The Hindu
Clipped from: https://www.thehindu.com/business/Industry/buffeted-by-centre-and-state-gm-threatens-legal-action/article33770765.ece?homepage=true A year after announcing plans to sell its Talegaon plant, automaker rejects Maharashtra government’s order to continue operations Squeezed between the Centre’s decision
NITI Aayog study to track economic impact of green judgements – The Hindu
Clipped from: https://www.thehindu.com/news/national/niti-aayog-study-to-track-economic-impact-of-green-judgements/article33770515.ece?homepage=true Think tank for ‘economically responsible approach by judiciary’ The NITI Aayog — the government’s apex thinktank — has commissioned a study that seeks
CIRP attractive – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/cirp-attractive/article33322063.ece Creditors are realising on average nearly 200 per cent of liquidation value through resolution plans under CIRP, as the company continues with business,
GST still an unstable law – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/gst-still-an-unstable-law/article33545169.ece With 927 notifications and circulars in the last three years, the GST is as yet “an unstable law”, says The Western Maharashtra Tax
The ITC conundrum in GST – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/the-itc-conundrum-in-gst/article33432458.ece If the system were to work, artificial curbs that deny input tax credit have to go The central point of GST – the
Tightening the screws on guarantors – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/tightening-the-screws-on-guarantors/article33545101.ece Can insolvency proceedings be initiated simultaneously against both the borrower and the corporate guarantor? The Supreme Court, while reiterating the co-extensive liability of
Tweaking IBC for cross-border cases – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/tweaking-ibc-for-cross-border-cases/article33545085.ece The Insolvency and Bankruptcy Code 2016 has been beefed up to suit current needs but issues still remain Overhauling the insolvency and bankruptcy
PNB on track to achieving proit of ₹ 2,000 crore this fiscal despite Covid-19 challenges – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/pnb-on-track-to-achieving-proit-of-2000-crore-this-fiscal-despite-covid-19-challenges/article33767866.ece Retaining guidance of grossNPA below 14 per cent and netNPA of 5 per cent by March 2021, said MD&CEO Mallikarjuna Rao Punjab National
Scrapping policy: Govt plans centres to test vehicle fitness – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/scrapping-policy-govt-plans-centres-to-test-vehicle-fitness/article33762226.ece For the voluntary scrapping policy for vehicles that is being introduced, the government will be setting up centres on a public private partnership
Factoring Bill: ‘Integrate TReDS with GSTN e-invoicing portal’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/integrate-treds-with-gstn-e-invoicing-portal/article33752214.ece Standing Committee on Finance bats for data sharing The Standing Committee on Finance headed by Jayant Sinha has recommended the integration of Trade
PLI schemes for 10 sectors to be notified by March 31: DPIIT Secretary – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/pli-schemes-for-10-sectors-to-be-notified-by-march-31-dpiit-secretary/article33762483.ece Identification of beneficiaries, who could enjoy 4-6% incentives, to take another 2-3 months The Centre is hopeful that the Production Linked Incentive (PLI)
Private sector has a key role in growth recovery: FM – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/private-sector-has-a-key-role-in-growth-recovery-fm/article33769105.ece Finance Minister Nirmala Sitharaman has called for bigger investments from the private sector. The Minister elaborated that though the government will provide some
A calculating head but no heart –ACROSS THE AISLE: The Financial Express
Clipped from: https://www.financialexpress.com/opinion/across-the-aisle-a-calculating-head-but-no-heart/2189552/ The most deserving were left to their fate. Since I had no expectations, I have no disappointment, but millions of others feel cheated,
‘Indian Economy’s Greatest Crisis’ (Book Review): The road to recovery – The Financial Express
Clipped from: https://www.financialexpress.com/lifestyle/indian-economys-greatest-crisis-book-review-the-road-to-recovery/2189307/ A comprehensive and lucid book focuses on the crisis our economy is facing and the turmoil it is to pass through in the
Normalising CRR won’t crunch cash –RBI MPC MEET: The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/normalising-crr-wont-crunch-cash/articleshow/80713195.cms SynopsisThe Reserve Bank of India on Friday promised abundant liquidity to calm market nerves, after yields surged past 6% amid apprehension of extra