Clipped from: https://www.business-standard.com/article/finance/rbi-restricting-banks-from-raising-stakes-in-insurance-firms-report-121030200954_1.html The RBI wants banks to focus on their main areas of business instead of locking away capital in non-core sectors The unofficial push
Month: March 2021
Interested in asset monetisation, next-gen road projects: IFC A-Pac head | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/interested-in-asset-monetisation-next-gen-road-projects-ifc-a-pac-head-121030200542_1.html “There are a very few countries in the world today like India which has decades of experience, through the PPP space, and having
Payments by Indian firms for foreign software not taxable: Supreme Court | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/payments-by-indian-firms-for-foreign-software-not-taxable-supreme-court-121030201524_1.html The court held that there is no liability for Indian companies to deduct tax at source with respect to purchase of software from
India woos Tesla with offer of cheaper production costs than China | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/india-woos-tesla-with-offer-of-cheaper-production-costs-than-china-121030201011_1.html But India faces a big challenge to win a production commitment from Tesla Union Minister Nitin Gadkari | File Photo India is ready
NRIs, foreign nationals stranded in India to submit details of double taxation by March 31 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/migrate/nris-foreign-nationals-stranded-in-india-to-submit-details-of-double-taxation-by-march-31/articleshow/81317056.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis In a circular, the CBDT said that if any individual is facing double taxation even after taking into account the relief provided by
SC’s query to rape accused on marrying girl was based on judicial records, says official – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/politics-and-nation/scs-query-to-rape-accused-on-marrying-girl-was-based-on-judicial-records-says-official/articleshow/81314689.cmsSynopsis Several women’s rights activists, eminent citizens, intellectuals, writers and artistes had written an open letter to the CJI demanding an apology and retraction
Power to administer new digital media rules not with states, UTs: Centre – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/power-to-administer-new-digital-media-rules-not-with-states-uts-centre/articleshow/81314649.cmsSynopsis In an office memorandum on Monday, the Information and Broadcasting Ministry said that it had announced on February 25 the Information Technology (Intermediary
Population Stabilisation: The future of family planning – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/population-stabilisation-the-future-of-family-planning/2205847/ NFHS 2019-20 preliminary findings show focusing on women’s education & health is a better route to population control than coercive measures Recent projections
Kerala turns homes into ‘mini-solar power stations’ – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/energy/power/kerala-turns-homes-into-mini-solar-power-stations/articleshow/81305545.cmsSynopsis “People are still doubtful about the feasibility of rooftop solar panels. If anyone is interested but sceptical, they are welcome to visit my
Indian industry welcomes Rishi Sunak’s Budget, plan for new special visa – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/work/indian-industry-welcomes-rishi-sunaks-budget-plan-for-new-special-visa/articleshow/81316401.cmsSynopsis Besides the measures put in place to help businesses with grants and loans, the minister’s announcement of consultations related to the visa regime
Labour codes face delay as states fail to frame rules – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/labour-codes-face-delay-as-states-fail-to-frame-rules/articleshow/81317732.cmsSynopsis Absence of state rules may create a legal vacuum and defeat the entire purpose of labour reforms as three-fourths of the total establishments
Govt can cut excise duty on petrol, diesel by Rs 8.5 a litre without hurting revenues – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/energy/oil-gas/govt-can-cut-excise-duty-on-petrol-diesel-by-rs-8-5-a-litre-without-hurting-revenues/articleshow/81310993.cmsSynopsis Petrol and diesel prices hover at a historic high following a relentless increase in rates over the past nine months. There have been
Large Chinese FDI only in sectors critical for India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/large-chinese-fdi-only-in-sectors-critical-for-india/articleshow/81302189.cmsSynopsis India had in April last year amended the foreign direct investment (FDI) policy and made a prior government nod mandatory for foreign investment
Amazon | Google: Amazon, Google, Facebook vie for piece of India’s digital payments market
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/amazon-google-facebook-vie-for-piece-of-indias-digital-payments-market/articleshow/81312380.cmsSynopsis The companies are part of four consortia preparing to apply for licenses to operate retail payments and settlement systems in the country, people
Extreme weather like floods, droughts, cyclones puts $84 billion of Indian banks debt at risk – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/extreme-weather-like-floods-droughts-and-cyclones-puts-84-billion-of-indian-banks-debt-at-risk/articleshow/81304657.cmsSynopsis SBI, HDFC Bank, IndusInd Bank and Axis Bank are among the institutions that reported climate risks to nonprofit environmental disclosure platform CDP in
RBI raises concerns over money-laundering checks – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-raises-concerns-over-money-laundering-checks/articleshow/81298716.cmsSynopsis The Reserve Bank of India has raised concerns around these mechanisms for at least 50 entities, and asked them to complete these tasks
Second-hand market: Thrift shop: From furniture to cars, India’s second-hand market found its shining moment in the pandemic – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/thrift-shop-from-furniture-to-cars-indias-second-hand-market-found-its-shining-moment-in-the-pandemic/articleshow/81303775.cms Synopsis–The transition of pre-owned goods market from the unorganized to the organised sector in India appears to have had fruitful results last year.
Declare a cyber security emergency–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/declare-a-cyber-security-emergency-2/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. An expert report that cited a cyberattack as
Most regretful, your lordship–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/most-regretful-your-lordship/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The Supreme Court has not exactly covered itself
Manipur incident shows why the new digital media rules are prone to abuse–the times of india
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/manipur-incident-shows-why-the-new-digital-media-rules-are-prone-to-abuse/Quick Edit TOI Quick Edits are written by a team of seasoned journalists from the Times of India’s Edit Page and TOI-Online who respond
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