Clipped from: https://www.thehindubusinessline.com/companies/base-effect-drives-march-auto-sales-to-new-highs/article34217323.ece?homepage=true Automobile companies posted exponential growth in their year-on-year wholesale numbers in March mainly because of the low base effect due to Covid-related disruptions
Day: April 2, 2021
Don’t take us for granted: Small savings interest rate formula needs to be reworked to help savers–the times of india
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/dont-take-us-for-granted-small-savings-interest-rate-formula-needs-to-be-reworked-to-help-savers/TOI Edit Times of India’s Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues of
Moneyboxx Finance raises Rs 25 crore from NBFCs, small finance banks – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/money/moneyboxx-finance-raises-rs-25-crore-from-nbfcs-small-finance-banks/articleshow/81684219.cmsSynopsis MBFL plans to utilize the proceeds to support its disbursement target in the current and upcoming financial year. NEW DELHI:Moneyboxx FinanceLtd (MBFL) has
embedded finance: Understanding the rise of embedded finance in post-Covid economy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/money/understanding-the-rise-of-embedded-finance-in-post-covid-economy/articleshow/81721224.cmsSynopsis Millions of customers have already benefited from embedded finance due to the attractive rewards given by the technology platforms for payments and timely
What is HSN Code? How does it work? All you need to know–THE ECONOMIC TIMES
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/understanding-hsn-code/articleshow/81832442.cmsSynopsis The Finance Ministry has said that businesses with a turnover of more than Rs 5 crore have to show a six digit HSN
Clearing the Suez Canal took days. Figuring out the costs may take years. – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/clearing-the-suez-canal-took-days-figuring-out-the-costs-may-take-years-/articleshow/81812405.cmsSynopsis Teams from the German company that hired the crew and a consortium of insurers for the ship’s owner are just starting to investigate
The stuck container ship on the Suez Canal was a metaphor – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/the-stuck-container-ship-on-the-suez-canal-was-a-metaphor/articleshow/81815390.cmsSynopsis Long-distance supply chains hide costly risks and those risks may help usher in a new stage of global commerce The March 23 grounding
Target inflation? Just smell as sweet–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/target-inflation-just-smell-as-sweet/ET Edit As sweet cometh the hour, cometh the policy, whether clothed as inflation targeting, recession fighting or financial sector stabilising. What the conduct
Chingari app: OnMobile leads $13 million funding in short-video app Chingari – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/funding/onmobile-leads-13-million-funding-in-short-video-app-chingari/articleshow/81816484.cmsSynopsis OnMobile will integrate and distribute its direct-to-consumer gaming platform, ONMO, on the Chingari app. Mobile entertainment solutions providerOnMobileNSE 4.99 % is leading a $13
MobiKwik Data Leak: RBI orders MobiKwik to urgently probe alleged data leak – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/tech-bytes/rbi-orders-mobikwik-to-urgently-probe-alleged-data-leak/articleshow/81838000.cmsSynopsis MobiKwik, which is backed by Sequoia Capital and Bajaj Finance, has faced growing criticism this week for denying a data leak many customers
CBIC extends customs duty and integrated GST exemptions till March 31, 2022 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/cbic-extends-customs-duty-and-integrated-gst-exemptions-till-march-31-2022/articleshow/81830735.cmsSynopsis The Central Board of Indirect Taxes and Customs (CBIC) on Wednesday extended the basic customs duty and integrated goods and service tax exemptions
India’s March trade deficit widens to $14.11 billion – govt – The Economic Times
lipped from: https://economictimes.indiatimes.com/news/economy/indicators/indias-march-trade-deficit-widens-to-14-11-billion-govt/articleshow/81848841.cmsSynopsis Merchandise exports rose 58.23% in March from a year earlier to $34 billion, while imports were up 52.89% to $48.12 billion, the data
Exports jump 58.23% to $34 billion in March; 7.4% dip in 2020-21 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/exports-jump-58-23-per-cent-to-usd-34-billion-in-march-7-4-per-cent-dip-in-2020-21/articleshow/81851617.cmsSynopsis In March 2020, the exports stood at USD 21.49 billion, which was a decline of about 34 per cent over March 2019 due
What happens when political compulsions come in the way of fiscal prudence? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-what-happens-when-political-compulsions-come-in-the-way-of-fiscal-prudence/articleshow/81855947.cms Synopsis–The action to sharply cut interest returns on State-backed small savings schemes (SSS), and a quick correction to reverse it — in what
What Is The Difference Between TDS and TCS?
Clipped from: https://www.canarahsbclife.com/knowledge-centre/blog/what-is-the-difference-between-tds-and-tcs.html Income tax is one of the most important financial planning aspects. You need to keep a check of your incomes, your investments and
TDS, TCS rates on interest, dividend, other non-salary payments effective April 1, 2021 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/tds-tcs-rates-on-interest-dividend-other-non-salary-payments-effective-april-1-2021/articleshow/81703945.cmsSynopsis Effective from April 1, 2021, the TDS and TCS rates on these non-salary payments will be back to their original (higher) levels. Given
India’s March gold imports surge 471% to a record 160 tonnes: Government source – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/indias-march-gold-imports-surge-471-to-a-record-160-tonnes-says-government-source/articleshow/81851788.cmsSynopsis Higher imports by the world’s second-biggest bullion consumer could support benchmark gold prices, which have corrected nearly 17% from an all-time high of
SEBI must ensure effective management, good governance are valued in board composition – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/view-sebi-must-ensure-effective-management-good-governance-are-valued-in-board-composition/articleshow/81854476.cms Synopsis–Over the past decade, IDs have grown in stature and voice. Most well-run listed companies have IDs who add genuine value to the
RBI orders Mobikwik to undertake forensic audit over data breach–BUSINESS TODAY
Clipped from: https://www.businesstoday.in/current/economy-politics/rbi-orders-mobikwik-to-undertake-forensic-audit-over-data-breach/story/435436.html The Gurugram-based company has, however, claimed that its systems are secure and that there is no basis to the allegations of data breach
American exporters still face significant tariff, non-tariff barriers in India: USTR–BUSINESS TODAY
Clipped from: https://www.businesstoday.in/current/economy-politics/american-exporters-still-face-significant-tariff-non-tariff-barriers-in-india-ustr/story/435443.html In its annual 2021 National Trade Estimate Report on Foreign Trade Barriers, the US Trade Representative (USTR) said while the Indian government pursued
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