Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/we-had-a-vision-that-we-will-be-a-world-class-indian-bank/articleshow/81538208.cms Synopsis–Puri, who gets the ET Award for Lifetime Achievement, tells that while he helmed the lender, a team focused on common goals and
Month: March 2021
SC right to protect IBC | Business Standard Editorials
lipped from: https://www.business-standard.com/article/opinion/sc-right-to-protect-ibc-121031601299_1.html Back door for promoters to retain control closed The Supreme Court, in deciding a case dealing with the promoters of Gujarat NRE Coke,
No in through the out door with IBC–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/no-in-through-the-out-door-with-ibc/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The Supreme Court’s ruling to bar defaulting promoters
Do you need to invest only the gain amount or entire sale value of house property to save tax? – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/do-you-need-to-invest-only-the-gain-amount-or-entire-sale-value-of-house-property-to-save-tax/2213309/ If a house property is sold within 24 months from the date of purchase, the gain amount, if any, is considered as Short-Term
Know how currency markets effect interest rates – The Financial Express
Clipped from: https://www.financialexpress.com/money/your-money-know-how-currency-markets-effect-interest-rates/2213374/ Banks are dealers in capital. Like dealers of other assets, they too will quote two rates, one for borrowing and the other for
SME-boost with foreign trade policy: A market intelligence programme under FTP will widen the markets for SMEs – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/sme-boost-with-foreign-trade-policy-a-market-intelligence-programme-under-ftp-will-widen-the-markets-for-smes/2213396/ A market intelligence and network programme integrated into the FTP will widen the markets for aspiring SMEs while also strengthening existing exporters. To
Insurance Cover: Bank depositors to get access to funds in 90 days – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/insurance-cover-bank-depositors-to-get-access-to-funds-in-90-days/2213323/ The Budget announcement had come after Punjab and Maharashtra Co-operative Bank faced a grave fraud, with customers demanding their entire money back. Subsequently,
All you wanted to know about PLIs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/slate/all-you-wanted-to-know-about/article34076821.ece Today, if there’s a magic word that can make the stocks belonging to a sector darlings in an instant, it is ‘PLI’. The
DHFL: How money moved in circles in DHFL insurance deals – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/money-moved-in-circles-in-dhfl-insolvency-case/articleshow/81503546.cms SynopsisThe link between TDH and DHFL’s insurance business follows a complex trail of transactions that show that DHFL had funded entities that in
Bond storm – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/bond-storm/article34076582.ece?homepage=true SEBI’s perpetual bonds diktat protects retail investors, but fallout could have been anticipated The Securities Exchange Board of India’s circular to streamline ownership
GST defaulter: Bank a/cs of family members cannot be attached, says Court – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/hc-orders-release-of-bank-accounts-belonging-to-family-members-of-a-gst-assessee/article34073537.ece?homepage=true Bombay HC rules it is a serious invasion into the private domain of the taxpayer Bank accounts of family members of a GST
Women: Educated but unemployed | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/women-educated-but-unemployed-121031600053_1.html Indian women work a lot. But, their work is predominantly at home, in service of other members of their household The world celebrated
Shadow over solar power | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/shadow-over-solar-power-121031600056_1.html Punitive tariffs on components will cripple a growing sector The government has decided to implement a basic customs duty of 40 per cent
Supreme Court shuts back-door arrangement for defaulting promoters | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/supreme-court-shuts-back-door-arrangement-for-defaulting-promoters-121031600048_1.html The SC order barred promoters of Gujarat NRE Coke, a defaulting company, from proposing a revival plan in the event of liquidation under
Need to make cryptocurrency illegal: An ‘official cryptocurrency’ can create confusion & unease amongst citizens – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/need-to-make-cryptocurrency-illegal-an-official-cryptocurrency-can-create-confusion-unease-amongst-citizens/2212600/ The fight against black money is still on and tax data does not show that there has been encouraging success in this area.
88% PMEGP beneficiaries ‘negatively affected’ due to pandemic; this many shut operations – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-covid-crisis-88-pmegp-beneficiaries-negatively-affected-due-to-pandemic-this-many-shut-operations/2209762/ Ease of Doing Business for MSMEs: Under PMEGP, around 2.37 lakh micro enterprises were supported with a margin money subsidy of Rs 6,833.32
E-commerce seller body AIOVA cries foul over ‘exclusion’ from policy discussions; writes to Cabinet Secretary | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/e-commerce-seller-body-aiova-cries-foul-over-exclusion-from-policy-discussions-writes-to-cabinet-secretary/2213320/ Ease of Doing Business for MSMEs: In order to ensure fair competition among sellers on the e-commerce marketplaces such as Amazon and Flipkart,
cyber security: Follow these 10 steps to ensure your online financial data remains safe – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/plan/follow-these-10-steps-to-ensure-your-online-financial-data-remains-safe/articleshow/81480488.cmsSynopsis With financial transactions being increasingly carried out online, it is becoming difficult to keep hackers and frauds at bay. Find out how you
Who fuels your petrol, diesel bill: don’t just blame the unrelenting Saudis. Think taxes. – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/energy/who-fuels-your-petrol-diesel-bill-dont-just-blame-the-unrelenting-saudis-think-taxes-/primearticleshow/81498392.cms SynopsisTaxes account for a bulk of the retail-selling price of petrol and diesel. Although oil prices are on the boil now and adding
White goods price to go up next month. Here’s what is causing the pinch – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/electronics/white-goods-price-to-go-up-next-month-heres-what-is-causing-the-pinch/articleshow/81503473.cms Synopsis–FMCG companies, too, are contemplating a price hike or reduction in package sizes next month or so due to increase in prices of
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