Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/npas-expected-to-increase-in-first-half-of-2021-ficci-iba-survey/articleshow/81549958.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The findings are part of the 12th round of bankers’ survey carried out by FICCI-IBA between July and December 2020. Asset quality of
Day: March 18, 2021
taxation: CBDT notifies rules for tax deduction on non-salary payments to NRIs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/cbdt-notifies-rules-for-tax-deduction-on-non-salary-payments-to-nris/articleshow/81553049.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis In case of taxability, the amount which is liable to tax will be determined. In case of non-taxability, a certificate specifying the amount
Automobile: Recall norms tightened for auto cos – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-news/auto-cos-to-be-fined-up-to-rs-1-cr-on-mandatory-recall-orders-for-defective-vehicles-govt/articleshow/81553927.cmsSynopsis The rules for testing of vehicles and mandatory recall under the Central Motor Vehicles Act provides for penalty in case of manufacturers or
vehicles: Scrapping Policy: Fitness renewal charges for transport vehicles older than 15 years proposed to go up by 62 times – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-news/scrapping-policy-fitness-renewal-charges-for-transport-vehicles-older-than-15-years-proposed-to-go-up-by-62-times/articleshow/81555868.cms SynopsisET has reviewed a copy of the draft notification, as per which, renewal of registration after 15 years for two wheelers, the cost
Economic reforms to drive India sovereign rating, says K V Kamath – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/economic-reforms-to-drive-india-sovereign-rating-says-k-v-kamath/articleshow/81553607.cmsSynopsis “With all the efforts (economic reforms) the government of India is making, I think that sovereign rating itself would go up. Because, I
Is Development Finance Institution new wine from an old bottle? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-is-development-finance-institution-new-wine-froman-old-bottle/articleshow/81556419.cms SynopsisFor any development finance institution to be viable, two things have to be in place — funds that would be available for 10-15
Vayana Network, CRIF India partner to launch tech-enabled tool for MSMEs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/vayana-network-crif-india-partner-to-launch-tech-enabled-tool-for-msmes/article34073068.ece Good Business Score will help MSMEs measure and manage their business health effectively Vayana Network, a supply chain financing platform, has partnered with
Kalyan Jewellers raises ₹352 crore from anchor investors – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/kalyan-jewellers-raises-352-crore-from-anchor-investors/article34080063.ece ₹1,175-crore IPO opens today Kalyan Jewellers India Ltd has raised ₹351.89 crore from 15 anchor investors, ahead of its proposed initial public offering (IPO),
PAC for lowering interest rates of loans to MSMEs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/pac-for-lowering-interest-rates-of-loans-to-msmes/article34077136.ece The Public Accounts Committee (PAC) has asked the Department of Financial Services and commercial banks to charge “uniform and lowest possible” rates of
Union Cabinet clears setting up of Development Finance Institution: Nirmala Sitharaman – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/union-cabinet-clears-setting-up-of-a-development-finance-institution-fm/articleshow/81530183.cmsSynopsis Union Cabinet has cleared the setting up of a Development Finance Institution (DFI), in acknowledgement of the realization that both development and financial
‘Not all banks will be privatised,’ says Nirmala Sitharaman–business today
Sitharaman said the decision to privatise banks is a well-thought-out one. She said that the government wants the bank to get more equity and to
Social distancing at 3 feet is equally effective as 6 feet if masks are worn: Study–business today
Clipped from: https://www.businesstoday.in/latest/trends/social-distancing-at-3-feet-is-equally-effective-as-6-feet-if-masks-are-worn-study/story/434014.html A recent study has suggested that while wearing a mask, a distance of 3 feet from others is as effective against the coronavirus
S Gopalakrishnan: Benefits of data rules must reach citizens, not just companies: S Gopalakrishnan
Clipped from: https://economictimes.indiatimes.com/tech/internet/benefits-of-data-rules-must-reach-citizens-not-just-companies-s-gopalakrishnan/articleshow/71142724.cmsSynopsis Infosys cofounder Kris Gopalakrishnan said worries over data sharing and privacy will subside once the boundaries around data are clearly drawn by the
Indian TV makers await PLI scheme, say important for global competition–business today
The government of India has already been taking steps to encourage television manufacturing in India. In July last year, the cabinet imposed restrictions by changing
Steelmakers to pare debt worth Rs 35,000 crore by FY22, says CRISIL
A surge in global commodity prices in the last 8 months has seen profitability of domestic steel industry hit record highs leading to reduction in
Despite higher education, women participation in labour market remains low: CMIE–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/despite-higher-education-women-participation-in-labour-market-remains-low-cmie/story/434085.html Either Indian women are not willing to go out to work or they are not allowed to go out to work or people
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