Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/will-nse-compensate-for-todays-loss/article33923496.ece Brokers want SEBI to come out with a clear norm for losses due to glitches. Stockbrokers have up their ante on behalf of
Month: February 2021
How far can the fiscal deficit be stretched? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/how-far-can-the-fiscal-deficit-be-stretched/article33915755.ece?homepage=true There may not be leeway to specify a combination of fiscal deficit and debt that is very different from the current FRBM norms
Grooming PSBs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/grooming-psbs/article33915786.ece The Centre needs to tone up governance of public sector banks, before privatising them The Budget announcement on the proposed privatisation of two
Stepping up the fight against corruption – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/stepping-up-the-fight-against-corruption/article33915978.ece?homepage=true By making it mandatory for govt officials and even party functionaries to file property returns, Odisha has raised the bar Odisha Chief Minister
Good riddance – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/good-riddance/article33915998.ece?homepage=true Settlement Commission was unfair to honest taxpayers The Wanchoo Committee of yore, which found tax amnesty schemes morally reprehensible what with the same
RBI concerned over impact cryptocurrency may have on financial stability: Shaktikanta Das – The Hindu
Clipped from: https://www.thehindu.com/business/Economy/rbi-concerned-over-impact-cryptocurrency-may-have-on-financial-stability-shaktikanta-das/article33923728.ece “We have certain major concerns about cryptocurrencies. We have communicated them to the government,” said RBI Governor Shaktikanta Das The Reserve Bank of
Bankers fear spike in NPAs from Mudra loans – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/bankers-fear-spike-in-npas-from-mudra-loans/articleshow/81192897.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Bankers say that the Supreme Court moratorium over classifying loans as non performing assets (NPAs) has so far kept defaults under wraps, even
Amazon-ICICI Bank-Axis Bank ready with NUE plan to rival UPI–the economic times
Clipped from: https://economictimes.indiatimes.com/tech/tech-bytes/amazon-icici-bank-axis-bank-ready-with-nue-plan-to-rival-npci-upi/articleshow/81181363.cmsSynopsis Along with ICICI Bank and Axis Bank, Amazon has also partnered with fintech startups Pine Labs and BillDesk to set a ‘New Umbrella
After shortage of semiconductors, another big headache waits automakers – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-news/after-shortage-of-semiconductors-another-big-headache-waits-automakers/articleshow/81192833.cmsSynopsis The combination of supply shortages and surging demand has put pressure on prices with overall chip prices going up by 4-6% in 2021,
Economists bat for fuel tax cut to rein in inflation – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/economists-bat-for-fuel-tax-cut-to-rein-in-inflation/articleshow/81190930.cmsSynopsis Inflation has fallen under 6%, the upper tolerance limit. But the RBI’s RBI’s Monetary Policy Committee(MPC) minutes also flags members’ concerns and warning
NSE glitch: Why did they shut the market down when only indices were not refreshing? Ajay Srivastava asks – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/it-is-very-peculiar-that-market-was-shut-down-when-only-indices-were-not-refreshing-ajay-srivastava/articleshow/81189659.cmsSynopsis A lot more is at stake than just trading. The F&O traders need to worry about margins, says Ajay Srivastava People need to
TN bucks trend, set to post 2% GSDP growth in FY21 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/tn-bucks-trend-set-to-post-2-gsdp-growth-in-fy21/article33916541.ece?homepage=true Deputy CM and Finance Minister of Tamil Nadu O Panneerselvam presenting the interim Budget – R Senthil Kumar Deputy CM and Finance Minister
Fuelled by exports, leather units to turn the corner: CRISIL SME Tracker | Business Standard News
Clipped from: https://www.business-standard.com/article/sme/fuelled-by-exports-leather-units-to-turn-the-corner-crisil-sme-tracker-121022300723_1.html Leather exports plummeted in the first quarter, following lockdowns and restrictions in importing nations. Leather exports plummeted in the first quarter following lockdowns
Automatic approval likely for China FDI proposals up to 25% equity | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/automatic-approval-likely-for-china-fdi-proposals-up-to-25-equity-121022400084_1.html Sensitive sectors to remain under approval route Large FDI proposals, involving more than 25 per cent of Chinese investment, may undergo scrutiny at
Why is a rise in bond yields a concern for everyone? | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/explained-why-is-a-rise-in-bond-yields-a-concern-for-everyone-121022301568_1.html A rise in sovereign bond yields means a rise in the interest rate in the economy If the interest rates rise, banks make
Jerome Powell signals Fed to keep buying bonds even as outlook improves | Business Standard News
Clipped from: https://www.business-standard.com/article/international/jerome-powell-signals-fed-to-keep-buying-bonds-even-as-outlook-improves-121022301472_1.html The economy is a long way from our employment and inflation goals, and it is likely to take some time for substantial further
Ventilator companies scramble for other ways to utilise capacities | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/ventilator-companies-scramble-for-other-ways-to-utilise-capacities-121022400063_1.html Doctors are now shifting treatment protocol for Covid-19 at hospitals and invasive ventilation is not being preferred From a mere 300 ventilators per
Message from market | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/message-from-market-121022301631_1.html RBI must be mindful of inflation risks of higher borrowing All is not well in the Indian bond market. The Reserve Bank of India (RBI),
WhatsApp hits top slot again; rivals Signal, Telegram and BiP fall back | Business Standard News
Clipped from: https://www.business-standard.com/article/technology/whatsapp-hits-top-slot-again-rivals-signal-telegram-and-bip-fall-back-121022301593_1.html It seems users were only being coquettish in looking for an alternative; they never actually dumped the app WhatsApp’s biggest threat, Signal, is
Getting prepacks to work well: The framework must refrain from stipulating a Swiss Challenge method – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/getting-prepacks-to-work-well-the-framework-must-refrain-from-stipulating-a-swiss-challenge-method/2199902/ Prepacks are indispensable in insolvency legal infrastructure, especially given the imminent Covid-19-induced deluge of distress—the IMF recently advised policymakers regarding ‘pent-up bankruptcies’. The