Clipped from: https://www.business-standard.com/article/opinion/m-narasimham-forgotten-contributions-121042301371_1.html In 1977, the Janata government asked him to leave and made Narasimham governor for five months Journalists and sports people are often told
Month: April 2021
India’s tax revenue below potential by about 4% of GDP: 15th Finance Commission Chairman NK Singh – The Financial Express
Clipped from: https://www.financialexpress.com/economy/indias-tax-revenue-below-potential-by-about-4-of-gdp-15th-finance-commission-chairman-nk-singh/2239130/ Speaking at the CSEP-IMF event on “Securing Sustainable Finances and Medium-term Fiscal Frameworks: International Experience and Relevance for India”, Singh said there is
CBDT issues procedure and guidelines for submission of Statement of Financial Transactions for dividend, interest income – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/cbdt-issues-procedure-and-guidelines-for-submission-of-statement-of-financial-transactions-for-dividend-interest-income/2239006/ The statement of financial transactions shall be furnished on or before the 31 st May, immediately following the financial year in which the
Raise the corporate tax rate; big firms will gain share from MSMEs in recovery, should pitch in with welfare – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/raise-the-corporate-tax-rate-big-firms-will-gain-share-from-msmes-in-recovery-should-pitch-in-with-welfare/2239193/ The big companies can afford to pay a 30% corporate tax for a few years. The additional revenue can be used to bring
Who’s manipulating the currency, US?–economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/whos-manipulating-the-currency-us/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. America’s decision to place India on its currency
Benefits of PLI Scheme can be undone by lack of Ease of Doing Business – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/benefits-of-pli-scheme-can-be-undone-by-lack-of-ease-of-doing-business/articleshow/82208409.cmsSynopsis The PLI Scheme can make a difference to electronic manufacturing in India, but states have to get their act together. While hailing the
Reserve Bank of India bans Amex, Diners from selling new cards from May 1 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/reserve-bank-of-india-bans-amex-diners-from-selling-new-cards-from-may-1/articleshow/82218334.cmsSynopsis The action has been take as these entities have been found non-compliant with the directions on storage of payment system data which the
SEBI wants rights issue refunds to be fast-tracked – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/sebi-wants-rights-issue-refunds-to-be-fast-tracked/article34395414.ece Extends relaxation in procedures till September-end The Securities and Exchange Board of India (SEBI) has issued guidelines to fast-track refund for un-allotted and
MPC: Covid surge biggest challenge to ongoing economic recovery, says Das | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/mpc-covid-surge-biggest-challenge-to-ongoing-economic-recovery-says-das-121042200890_1.html The RBI governor also said that global financial markets have turned volatile over inflation fears in advanced economies and rising commodity prices, posing
digital economy: Backbone of digital economy, the global chip shortage is a clear warning for India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/security-tech/technology/backbone-of-digital-economy-the-global-chip-shortage-is-a-clear-warning-for-india/articleshow/82191540.cms Synopsis–India has negligible manufacturing presence in the most vital cog of the digital world. From your gaming console to your cars. From your
Pandemic has impacted 82 percent of small businesses, according to new survey – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/pandemic-has-impacted-82-percent-of-small-businesses-according-to-new-survey/articleshow/82199158.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The survey was conduced among over 250 companies, evenly split between the manufacturing and services industries, having a turnover of Rs 100-250 crore
Indiabulls Housing Finance to change its avatar, become originator of loans – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/indiabulls-housing-finance-to-change-its-avatar-become-originator-of-loans/articleshow/82199995.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Managing director Gagan Banga said the company has taken a conscious decision to no longer expand its balance sheet but instead earn income
SC terms Covid-19 situation ‘national emergency’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/sc-terms-covid-19-situation-national-emergency/article34384187.ece?homepage=true The court has agreed to hear Vedanta plea of free oxygen supply The Supreme Court Thursday termed the Covid-19 situation as almost a
HDFC-Indiabulls Housing co-lending partnership: Is it a prelude to something bigger? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/hdfc-ibhfl-co-lending-partnership-is-it-a-prelude-to-something-bigger/article34382588.ece?homepage=true It is to be noted that there are no specific RBI guidelines governing co-lending by two NBFCs Is the co-lending partnership between Housing
Shree Cement promoters under scanner for ‘acquiring shares at steep discount’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/shree-cement-promoters-under-scanner-for-acquiring-shares-at-steep-discount/article34387032.ece?homepage=true Promoters cornered shares in related party deal without seeking minority shareholders nod, says InGovern Promoters of Shree Cement have come under the scanner
‘Zoho is helping restore the talent where it belongs– villages’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/zoho-is-helping-restore-the-talent-where-it-belongs-villages/article34383325.ece?homepage=true “Concentration of jobs in cities has taken away talented youth from the villages,” says Sridhar Vembu, CEO and Co-founder, Zoho Corp Setting up
Rights issue: New guidelines put in place on refund of un-allotted, partially allotted applications – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/rights-issue-new-guidelines-put-in-place-on-refund-of-un-allotted-partially-allotted-applications/article34386575.ece The refund for un-allotted/partial allotted application has to be completed on or before T+1 day Markets regulator Sebi on Thursday came out with
Pilots sleeping on the plane – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/specials/flight-plan/pilots-take-a-nap-while-flying/article34349929.ece Do pilots sleep on their job? Yes, they do. And however alarming it may seem, they are actually encouraged to do so. It’s
Tangled reasoning – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/tangled-reasoning/article34378329.ece The NCLAT ruling on clearing spectrum dues is full of contradictions The National Company Law Appellate Tribunal’s (NCLAT’s) ruling on ownership of spectrum
Insurers eye increase in third party motor premium rates – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/third-party-motor-insurance-premium-may-go-up-in-2021-22/article34374957.ece?homepage=true The general insurance industry is hoping for an increase in third party motor insurance rates for 2021-22. The rates are notified by the
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