Clipped from: https://www.business-standard.com/article/economy-policy/dfi-to-get-direct-access-to-reserve-bank-of-india-s-funding-facilities-121032300043_1.html Govt may guarantee bonds, debentures and loans issued by the new institution Finance Minister Nirmala Sitharaman introduced the National Bank for Financing Infrastructure
Month: March 2021
With more information than salary, interest income, tax paid, how Form 26AS will affect ITR filing? – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/with-more-information-than-salary-interest-income-tax-paid-how-form-26as-will-affect-itr-filing/2217985/ The taxpayers were able to take the advantage so far, because the Income Tax Department used to get information related to just income
Rising interest rates, inflation and currency depreciation – The Financial Express
Clipped from: https://www.financialexpress.com/money/your-money-rising-interest-rates-inflation-and-currency-depreciation/2218005/ If interest rates in India go up, foreign portfolio investment will increase. This will lead to an increased demand for the Rupee and
Courts, probe agencies can’t proceed against DFI board sans prior govt approval – The Financial Express
Clipped from: https://www.financialexpress.com/industry/courts-probe-agencies-cant-proceed-against-dfi-board-sans-prior-govt-approval/2218082/ The NaBFID Bill tabled by finance minister Nirmala Sitharaman in Parliament on Monday makes it incumbent on courts get prior approval of the
SC seeks government response on plea to plug loopholes in GST system – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/politics-and-nation/sc-seeks-govt-response-on-plea-to-plug-loopholes-in-gst-system/articleshow/81560493.cmsSynopsis The petition was argued by senior advocate Sonia Mathur in the top court on Wednesday. A three-judge bench led by CJI SA Bobde
Hospitals may have to pay GST on food to inpatients – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/hospitals-may-have-to-pay-gst-on-food-to-inpatients/articleshow/81216540.cmsSynopsis According to current regulations, GST does not apply to any service provided by hospitals unless they are related to cosmetics, including cosmetic surgeries.
How Amazon is fighting door to door to beat Mukesh Ambani – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/how-amazon-is-fighting-door-to-door-to-beat-mukesh-ambani/articleshow/81626064.cmsSynopsis Amazon is approaching zero hour in India. The SC will soon decide on its bid to scuttle the $3.4 billion sale of debt-laden
Supply bottlenecks leave ships stranded, businesses stymied – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/supply-bottlenecks-leave-ships-stranded-businesses-stymied/articleshow/81625036.cmsSynopsis Exporters are also feeling the impact of the bottlenecks. When containers are unloaded at the ports, many are being sent empty back to
India will be among the fastest growing renewable energy markets globally, says Orix head of energy biz – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/renewables/india-will-be-among-the-fastest-growing-renewable-energy-markets-globally-says-orix-head-of-energy-biz/articleshow/81638552.cms Synopsis-Orix had looked into other companies but zeroed in on Hyderabad-based Greenko, a company run by two first generation entrepreneurs–Anil Kumar Chalamalasetty and
Need legal provisions to have superintendence and control over NCLT, says appellate tribunal NCLAT – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/need-legal-provisions-to-have-superintendence-and-control-over-nclt-says-appellate-tribunal-nclat/articleshow/81635239.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The appellate tribunal observation came while passing an order passed over a petition filed by the resolution professional (RP) of International Recreation and
Inflation is a risk to economic recovery in the near term: R. Venkataraman, IIFL Securities – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/personal-finance-news/inflation-is-a-risk-to-economic-recovery-in-the-near-term-r-venkataraman-iifl-securities/articleshow/81602611.cms Synopsis–“Consumer inflation edged up to 5% y-o-y in February and is likely to remain at elevated levels through the first half of 2021-22.
Ex-RBI Deputy Governor Rakesh Mohan moots 5 pc inflation target – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/ex-rbi-deputy-governor-rakesh-mohan-moots-5-pc-inflation-target/articleshow/81637017.cmsSynopsis “Given the monetary policy framework these days, in some sense I would say why not change the (retail inflation) target to 5 per
Business activities gradually improving but it could still be a while before MFI segment sees a turnaround – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/business-activities-gradually-improving-but-it-could-still-be-a-while-before-mfi-segment-sees-a-turnaround/articleshow/81635041.cms Synopsis–With the gradual opening up of the Indian economy, collections picked up pace since the September and December quarter but have slowed in
Loan moratorium: SC to pronounce verdict on Tuesday on pleas for relief from trade bodies – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/loan-moratorium-sc-to-pronounce-verdict-on-tuesday-on-pleas-for-relief-from-trade-bodies/articleshow/81636147.cmsSynopsis The government said this was a main reason as to why waiver of interest was not even contemplated and only payment of instalments
Why did India extend the gap between Covishield vaccine doses? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/et-explains/et-explains-why-did-india-extend-the-gap-between-covishield-vaccine-doses/articleshow/81633273.cmsSynopsis Covishield was approved for emergency use by the Drugs Controller General of India in January. According to media reports yesterday, the Central government
SEBI amends valuation norms on AT-1 bonds after FinMin push – The Economic Times
Clipped from: https://economictimes.indiatimes.com/mf/mf-news/sebi-amends-valuation-norms-on-at-1-bonds-after-finmin-push/articleshow/81637280.cmsSynopsis One week after the Finance Ministry intervened in the matter, the Securities and Exchange Board of India on Monday amended valuation rule of
Resolution or liquidation? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/from-the-viewsroom/resolution-or-liquidation/article34125011.ece SC ruling on IBC vis-a-vis Companies Act leaves out nuances Recently, the Supreme Court ruled out any attempt by existing promoters to rebid
Solar sector needs the right policy push – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/solar-sector-needs-the-right-policy-push/article34111014.ece While promoting domestic manufacture of solar modules, ongoing projects must be protected from import duty hikes Last week an office memorandum of the
Social and emotional learning, the need of the hour – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/commodities/scrappage-policy-steel-companies-gear-up-to-recycle-scrap/article34124248.ece?homepage=true Steel produced through the recycled route entails lower carbon emissions, lower resource consumption, and lower energy utilisation. – REUTERS Steel produced through the
Scrappage policy: Firms forge ahead to ‘steel’ scrap – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/commodities/scrappage-policy-steel-companies-gear-up-to-recycle-scrap/article34124248.ece?homepage=true Move to cut greenhouse gas emissions It’s not only automobile companies that are looking to gain from the new scrappage policy; steel companies,
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