Clipped from: https://www.business-standard.com/article/opinion/the-recovery-risks-121031001670_1.html Economic management in India will remain tricky The Joe Biden administration plans to spend $1.9 trillion to stimulate economic activity in the US. Such a
Day: March 11, 2021
Logistics policy to go to Cabinet for approval, aims to ease goods movement | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/logistics-policy-to-go-to-cabinet-for-approval-aims-to-ease-goods-movement-121031001446_1.html Indian industry pays a high logistics cost, hurting the competitiveness of domestic goods in the international market. A national grid of logistics parks
Insurers may soon be able to launch covers without regulator nod | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/insurers-may-soon-be-able-to-launch-covers-without-regulator-nod-121031100053_1.htmlSubhash C Khuntia Irdai wants to move to a ‘use and file’ system where insurers can market products without first obtaining an approval from the regulator, said
Stay vigilant against risk of cheque fraud | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/don-t-allow-a-stranger-to-fill-cheque-details-121030700704_1.html Mansinghka had been remiss in allowing a stranger to write the cheque. Disappearing magic ink was used which allowed the fraudsters to alter
GST fraud of Rs 20,124 cr detected during Nov 9-Jan 31: Sitharaman | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/gst-fraud-of-rs-20-124-cr-detected-during-nov-9-jan-31-fm-121030901115_1.html A nationwide special drive against unscrupulous entities for availing and passing on Input Tax Credit fraudulently is being carried out, FM said in
Parliament passes Arbitration Amendment Bill to protect taxpayer money | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/parliament-passes-arbitration-amendment-bill-to-protect-taxpayer-money-121031001742_1.html Section 36 of the (Arbitration) Act says the arbitration award be set aside if it is against public policy, said Law Minister Ravi
RBI withdraws corrective restrictions on IDBI Bank with riders*-business today
Clipped from: https://www.businesstoday.in/sectors/banks/rbi-withdraws-corrective-restrictions-on-idbi-bank-with-riders/story/433524.html RBI said IDBI Bank has provided a written commitment that it would comply with the norms of minimum regulatory capital, net NPA and
Not just Serum, shortage of vaccine raw material troubling global vaccine makers–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/not-just-serum-shortage-of-vaccine-raw-material-troubling-global-vaccine-makers/story/433506.html Chatham House says that the signs of input supply challenges are being observed across all vaccine manufacturing steps which include bioreactor bags, single-use
Given the limitations of monetary policy, a fiscal push is crucial for sustained growth recovery–indian express
Clipped from: https://indianexpress.com/article/opinion/columns/india-economy-rbi-monetary-policy-gdp-growth-msme-sector-7221515/ Given the limitations of monetary policy, a fiscal push is crucial for sustained growth recovery. Gross value added (GVA) at basic prices registered
Asset monetisation a ‘paradigm shift’: FM Nirmala Sitharaman | Business News,The Indian Express
Clipped from: https://indianexpress.com/article/business/asset-monetisation-a-paradigm-shift-fm-nirmala-sitharaman-7221537/ India’s vision of a $5 trillion economy, while striking the right balance between fiscal imperatives and socio-economic welfare, can only be achieved through
IBC moratorium extension unlikely | Business News,The Indian Express
Clipped from: https://indianexpress.com/article/business/ibc-moratorium-extension-unlikely-7221584/ Pre-pack inclusions under inter-ministerial consideration, The government had also raised the threshold for initiation of insolvency proceedings to Rs 1 crore from Rs
Why buy individual health plans for parents | Business News,The Indian Express
Clipped from: https://indianexpress.com/article/business/why-buy-individual-health-plans-for-parents-7219652/ It is not just the coronavirus, senior citizens are usually more vulnerable to diseases and hence it is necessary to cover them under
Tax notices, summons served to pre-GST, dispute resolution cases | Business News,The Indian Express
Clipped from: https://indianexpress.com/article/business/economy/tax-notices-summons-served-to-pre-gst-dispute-resolution-cases-7218646/ The summons have been sent under Section 70 of CGST Act, which provides powers to tax officers to summon persons to give evidence
After nearly four years, GST is still a work in progress | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/panorama/after-nearly-four-years-gst-is-still-a-work-in-progress-959381.html GST has its good points and its poor points, with the latter winning over the former In a few months, Goods and Services
2 held for passing bogus tax credit worth Rs 392 crore to Essel Group cos | Deccan Herald
Clipped from: https://www.deccanherald.com/national/2-held-for-passing-bogus-tax-credit-worth-rs-392-crore-to-essel-group-cos-958425.html Investigations indicate that a layer of genuine looking fictitious intermediary companies was created Representative Image. Credit: iStock Photo GST officers have arrested two
GST squads formed to prevent the illicit movement of goods – The Hindu
Clipped from: https://www.thehindu.com/news/national/tamil-nadu/gst-squads-formed-to-prevent-the-illicit-movement-of-goods/article34031754.ece According to an official release, all teams will keep a watch on warehouses registered in their respective jurisdictions and are authorised to prevent
India to retain 4-6 week dosing gap for Covid-19 vaccines – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/india-to-retain-4-6-week-dosing-gap-for-covid-19-vaccines/articleshow/81441561.cmsSynopsis Countries such as the UK and Canada that are also using the vaccine developed by AstraZeneca and Oxford have extended the interval between
Niti wants pipeline of assets for sale – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/niti-wants-pipeline-of-assets-for-sale/articleshow/81440700.cmsSynopsis The assets include toll road bundles, ports, cruise terminals, telecom infrastructure, oil and gas pipelines, transmission towers, railway stations, sports stadia, mountain railways,
Axis Bank launches wearable contactless payment devices – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/axis-bank-launches-wearable-contactless-payment-devices/article34036302.ece Private sector lender Axis Bank has introduced wearable contactless payment devices that will enable customers pay on the go. Customers can wave it
Vijay Sales targets ₹200 crore from online sales in FY 22 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/vijay-sales-targets-200-crore-from-online-sales-in-fy-22/article34033613.ece I’d say, It was because the competition came in, we are where we are today, says Nilesh Gupta, Director of Vijay Sales Despite