Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-issues-guidelines-on-risk-based-internal-audit-for-nbfcs-ucbs/article33738044.ece?homepage=true The Reserve Bank of India (RBI) on Tuesday issued guidelines on risk-based internal audit (RBIA) framework for Non-Banking Financial Companies (NBFCs) and Primary
Month: February 2021
Unblocking of handles: IT Ministry notice to Twitter warns of consequences | India News,The Indian Express
Clipped from: https://indianexpress.com/article/india/twitter-accounts-farmers-protest-it-ministry-notice-7172690/ Around 100 Twitter accounts and 150 tweets related to the farmers’ protests went off the microblogging platform on Monday morning as the IT
The curious case of rising bank frauds | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/in-perspective/the-curious-case-of-rising-bank-frauds-944528.html RBI must create a new route map for banking supervision that is accountable to both the State and the taxpayer Representative image/Credit: Pixabay
A ‘no harm done’ Union Budget 2021, on balance | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/first-edit/a-no-harm-done-union-budget-2021-on-balance-946434.html There have been some positive fallouts Union Finance Minister Nirmala Sitharaman. Credit: PTI Photo There is no doubt that the Finance Minister had
Will women be safe under police gaze? | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/second-edit/will-women-be-safe-under-police-gaze-946779.html The proposal for registration of women is also unsound and may even be dangerous Representative image. Credit: iStock photo. Two proposals that the
Looking beyond the Budget numbers to see if government schemes really work | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/looking-beyond-the-budget-numbers-to-see-if-government-schemes-really-work-945225.html Using a method such as the Outlay-Output-Outcome framework can go a long way in assessing the effectiveness of government spending Representative image. Credit:
Worrying signs in Budget fine print for agri sector | Deccan Herald
Clipped from: https://www.deccanherald.com/business/union-budget/worrying-signs-in-budget-fine-print-for-agri-sector-946156.html Large changes in some outlays point to preference for private and PPP investments in infrastructure in the context of the farm laws Union
Safe harbour for the ship in unstable times |BUDGET 2021: Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/budget-2021-safe-harbour-for-the-ship-in-unstable-times-946329.html Budget FY22 checks all the right boxes on intent. On financial allocation, it checks a few boxes less so Representative image. Credit: iStockPhoto
Art of hiding the truth | UNION BUDGET 2021: Deccan Herald
Many of us have grown hearing the story of how Dronacharya is slain in the Mahabharata by a half-truth Union Finance Minister Nirmala Sitharaman. Credit:
Alacrity in structure a must for takeover of bad loans: Mehta of Yes Bank | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/alacrity-in-structure-a-must-for-takeover-of-bad-loans-mehta-of-yes-bank-121020201851_1.html Urges three-pillared base consisting of ARCs, AMCs and AIFs to attract investors into this space, without which process could lose credibility Illustration: Ajay
Indirect Taxes: FM Sitharaman’s Budget attempts a delicate balancing act | Business Standard News
Clipped from: https://www.business-standard.com/budget/article/indirect-taxes-fm-sitharaman-s-budget-attempts-a-delicate-balancing-act-121020202031_1.html The focus has been on smoothening the GST structure and removing anomalies, as well as closing loopholes to curb fraudulent practices Even before
Budget focuses on boosting demand and supply to aid long-term growth | Business Standard News
Clipped from: https://www.business-standard.com/budget/article/budget-focuses-on-boosting-demand-and-supply-to-revive-long-term-growth-121020202012_1.html The Budget aims to boost demand and supply through increased spending in sectors such as health, education, infrastructure and power India has been
Budget: Balancing act for social sector, strong focus on health is visible | Business Standard News
Clipped from: https://www.business-standard.com/budget/article/budget-balancing-act-for-social-sector-strong-focus-on-health-is-visible-121020201988_1.html There has been an attempt to build on earlier initiatives, but financial constraints may hamper execution and achievement of goals Finance Minister Nirmala
Little for the vulnerable | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/little-for-the-vulnerable-121020300029_1.html Budget didn’t address special needs of a pandemic year The Union Budget for 2021-22 set out a new agenda for growth and recovery, based around
M&A costs to go up after Budget 2021 axes tax depreciation on goodwill | Business Standard News
Clipped from: https://www.business-standard.com/budget/article/m-a-costs-to-go-up-after-budget-2021-axes-tax-depreciation-on-goodwill-121020300252_1.html The amendments on goodwill are retrospective as depreciation on any past goodwill, partly claimed in the past, would not be available going forward
Budget 2021 creates investment opportunities, from infra to healthcare | Business Standard News
Clipped from: https://www.business-standard.com/budget/article/budget-2021-creates-investment-opportunities-from-infra-to-healthcare-121020300125_1.html The Union Budget 2021 increased India’s healthcare spending by 137 per cent and lifted caps on foreigners investing in the insurance sector. Devangshu
A bold move | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/a-bold-move-121020300021_1.html Policy on strategic disinvestment is a huge break from the past One of the biggest announcements in the Union Budget presented on Monday was the
Not a Budget for employment | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/not-a-budget-for-employment-121020201939_1.html The government of India does not recognise any employment problem in the country. Two important statements it made related to the economic situation
Focus on capex does not make Budget inflationary: Expenditure Secretary | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/focus-on-capex-does-not-make-budget-inflationary-expenditure-secretary-121020300056_1.html We expect the cost of the vaccination to be Rs 700 per person. This includes the price of two shots at Rs 200-250
Services PMI rises to 52.8 in Jan on the back of demand, consumer optimism | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/services-industry-improved-in-january-with-pmi-at-55-8-job-cuts-continued-121020300389_1.html That improved sentiment was in line with findings of a Reuters poll last month that predicted Asia’s third-largest economy would recover from the