Clipped from: https://www.thehindubusinessline.com/money-and-banking/how-health-cover-cushioned-impact-of-covid/article34068159.ece?homepage=true Safeguarding public health was the main concern of the government, but for insurers, designing viable products was the goal Health insurance has come
Month: March 2021
Exempt independent directors from vicarious criminal liability: CII – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/exempt-independent-directorsfrom-vicarious-criminal-liability-cii/article34066952.ece?homepage=true Confederation of Indian Industry (CII) has called for legislative amendment to company law to expressly exempt independent directors from vicarious criminal liability as
Making directors truly independent – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/making-directors-truly-independent/article34067984.ece While SEBI’s proposals are in the right direction, giving minority shareholders a greater say in appointments can cut both ways Sometime back, a
Fine-tuning flexible inflation targeting – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/fine-tuning-flexible-inflation-targeting/article34067733.ece?homepage=true There should be a switch in target from headline to core CPI. And, the basket and its weights should be updated frequently Possible
India unlikely to halt use of Covishield – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/india-unlikely-to-halt-use-of-covishieldstrap-even-putting-it-off-temporarily-may-disrupt-entire-programme/article34068372.ece?homepage=true Even putting it off temporarily may disrupt entire programme India is unlikely to halt using Covishield vaccine, which has been flagged by many
US stimulus effect to be felt beyond its shores | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/us-stimulus-effect-to-be-felt-beyond-its-shores-121031500001_1.html The package takes pandemic-related spending in the US to over $6 trillion since the start of the crisis. On Thursday, US President Joe Biden signed
NSE outage: More serious questions | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/nse-outage-more-serious-questions-121031400920_1.html The outage caused a serious embarrassment, not only for the NSE but also for the Securities and Exchange Board of India (Sebi) and
Fed interest rate decision, macro data to guide stock markets this week | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/fed-interest-rate-decision-macro-data-to-guide-stock-markets-this-week-121031400184_1.html Updates on COVID-19 situation and related news will also remain on participants’ radars, says an analyst Indian equity markets will be guided by the US
When will SC status quo on bank loans end? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/when-will-sc-status-quo-on-bank-loans-end-121031400872_1.html If it continues, wary of borrowers’ opportunism and distorted credit discipline, banks may not come forward to lend even if we shout ourselves
India FX reserves surpass Russia’s to become world’s 4th biggest | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-fx-reserves-surpass-russia-s-to-become-world-s-4th-biggest-121031400470_1.html Reserves for both countries have mostly flattened out this year Photo: Bloomberg India’s foreign-exchange reserves surpassed Russia’s to become the world’s fourth largest,
India will not ‘shut off’ all cryptocurrency, wants blockchain: Sitharaman | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/india-will-not-shut-off-all-cryptocurrency-wants-blockchain-sitharaman-121031400754_1.html Bitcoin, the world’s biggest and earlier cryptocurrency, has crossed a record high of $60,000. Financial technology (fintech) firms depend on blockchain, the backbone
FPIs pull out Rs 7,013 crore from India in March 2021–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/fpis-pull-out-rs-7013-crore-from-indian-markets-in-march-so-far/story/433809.html As per depositories data, FPIs pulled out Rs 531 crore from equities and Rs 6,482 crore from the debt segment between March 1-13
‘Drastic changes’ in monetary policy framework can upset bond market, warns Raghuram Rajan–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/drastic-changes-in-monetary-policy-framework-can-upset-bond-market-warns-raghuram-rajan/story/433806.html Rajan, also a noted economist, opined that the government’s ambitious target to make India a USD 5-trillion economy by 2024-25 was “more aspirational,
CAIT demands restoration of MSME status for 8 crore traders – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/cait-demands-restoration-of-msme-status-for-8-crore-traders/articleshow/81492004.cmsSynopsis The government in June 2017 removed retail and wholesale traders from the MSME category forcing the players either borrow at a higher rate
Software royalty case: How SC upheld the primacy of tax treaties over domestic tax law – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/software-royalty-case-how-sc-upheld-the-primacy-of-tax-treaties-over-domestic-tax-law/articleshow/81498824.cms Synopsis–Rejecting the revenue’s plea that persons required to deduct tax at source do not fall within the subject matter of tax treaties, it
Corrugated box makers face severe raw material shortage, user industries voice concern over surging prices – The Economic Times
lipped from: https://economictimes.indiatimes.com/industry/indl-goods/svs/packaging/corrugated-box-makers-face-severe-raw-material-shortage-user-industries-voice-concern-over-surging-prices/articleshow/81498019.cmsSynopsis “We are exporting around 2 million tonnes of kraft pulp to China now vs nothing in 2018 because China has banned imports of
Selling PSU banks to corporates ‘colossal mistake’, says Raghuram Rajan as workers plan strike – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/selling-psu-banks-to-corporates-colossal-mistake-says-raghuram-rajan-as-workers-plan-strike/articleshow/81494577.cmsSynopsis Many PSU banks, including the State Bank of India (SBI), have informed their customers that their normal working could be affected at the
CEA Krishnamurthy Subramanian explains the economic rationale behind Modi govt’s policy response to Covid – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/cea-subramanian-explains-the-economic-rationale-behind-modi-govts-policy-response-to-covid/articleshow/81499136.cmsSynopsis Increasing only revex is myopic while increasing capex is far-sighted as the former increases aggregate demand ephemerally, while capex generates a sustained increase
Maintain the status quo | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/maintain-the-status-quo-121030401665_1.html The current inflation target has worked well The inflation target of 4 per cent with a lower and upper tolerance level of 2
Finance ministry cracks the whip on insurance companies for ignoring MSMEs | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/finance-ministry-cracks-the-whip-on-insurance-companies-for-ignoring-msmes-121030400382_1.html Reluctant insurers have failed to offer the cover especially curated by the ministry following the UK Sinha panel’s recommendations The department of financial
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