Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/india-april-trade-deficit-at-15-24-billion/articleshow/82351264.cmsSynopsis Major export commodities which have recorded positive growth in April include gems and jewellery, jute, carpet, handicrafts, leather, electronic goods, oil meals, cashew,
Day: May 3, 2021
Vodafone Idea: Can raise $1 billion by June, Vodafone Idea tells lenders – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/telecom/telecom-news/can-raise-1b-by-june-vodafone-idea-tells-lenders/articleshow/82360491.cmsSynopsis Separately, one of Vi’s domestic lenders, a large public-sector bank, recently extended a bank guarantee for about Rs 1,420 crore by another year,
Yes Bank not to sell bad loans to NARC – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/yes-bank-not-to-sell-bad-loans-to-narc/articleshow/82360830.cmsSynopsis The bank, meanwhile, is pursuing its objective of owning a majority stake in an ARC and is waiting for the new set of
Why MSMEs need help again and why the govt’s earlier approach may not work? | Business Standard News
Clipped from: https://www.business-standard.com/article/opinion/second-wave-of-coronavirus-pandemic-what-rbi-can-do-to-help-121050300092_1.html Unless the Reserve Bank comes forward and helps banks to handhold the MSME borrowers, bad loans will swell in the September quarter Till
Second wave of coronavirus pandemic: What RBI can do to help | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/second-wave-of-coronavirus-pandemic-what-rbi-can-do-to-help-121050300092_1.html Unless the Reserve Bank comes forward and helps banks to handhold the MSME borrowers, bad loans will swell in the September quarter Till
Govt mulls more Covid relief measures for businesses amid second wave | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/govt-mulls-more-covid-relief-measures-for-businesses-amid-second-wave-121050300037_1.html The Centre and the RBI are exploring options for businesses hit hard by the second wave The government and the Reserve Bank of India (RBI)
Jet Airways resolution – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/specials/flight-plan/jet-airways-left-with-no-slots-to-revive/article34464782.ece Resolution of slot re-allotment is needed for the revival of the beleaguered airlines and the future of other carriers The weather is still
The fate of PPAs under IBC decided – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/the-fate-of-ppas-under-ibc-decided/article34465722.ece The Supreme Court has ensured the continuance of power purchase agreements (PPA) between the power generators and the buyers In a finding that
ICAI to move RBI for tweaking of bank auditor appointment norms – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/icai-to-move-rbi-for-tweaking-of-bank-auditor-appointment-norms/article34466122.ece Wants the cooling off period retained; suggests central bank setting minimum number of auditors The Reserve Bank of India’s new rules on statutory
90% women hesitate to ask for a raise at work: Harappa survey – The Financial Express
Clipped from: https://www.financialexpress.com/jobs/90-women-hesitate-to-ask-for-a-raise-at-work-harappa-survey/2243522/ 85% women professionals feel that at least once in their career they have been perceived as ‘bossy’ or ‘dominating’, when they were just
TReDS platform RXIL discounts receivables worth Rs 1,000 crore in a month – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/treds-platform-rxil-discounts-receivables-worth-rs-1000-crore-in-a-month/2228011/ Credit and Finance for MSMEs: From transactions worth Rs 69 crores in April 2020, RXIL reached a whopping Rs 1,105 crore in March
Pre-pack insolvency for MSMEs: How it differs from corporate insolvency resolution process; key features – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/pre-pack-insolvency-for-msmes-how-it-differs-from-corporate-insolvency-resolution-process-key-features/2244529/ Ease of Doing Business for MSMEs: The minimum default threshold of Rs 10 lakh, which has been prescribed for initiating the process, would
PLI scheme going under utilised, says Niti Aayog vice chairman – The Financial Express
Clipped from: https://www.financialexpress.com/economy/pli-scheme-going-under-utilised-says-niti-aayog-vice-chairman/2242724/ He stressed that the share of manufacturing in GDP should increase and limiting manufacturing only to small scale would not suffice. The Niti
Small, medium, other hotels again reach out to FM Sitharaman; say ECLGS doesn’t help them to survive – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/small-medium-other-hotels-again-reach-out-to-fm-sitharaman-say-eclgs-doesnt-help-them-to-survive/2244186/ Ease of Doing Business for MSMEs: The government had announced the launch of ECLGS 3.0 in March to cover enterprises in hospitality, travel
Modi govt’s relief on GST late fee, tax payment to help MSEs but further extension still needed: Experts – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/modi-govts-relief-on-gst-late-fee-tax-payment-to-help-mses-but-further-extension-still-needed-experts/2244290/ Ease of Doing Business for MSMEs: The Central Board of Indirect Taxes and Customs (CBIC) on Saturday had issued a notification announcing the
How to evaluate cash flow management efficiency – The Financial Express
Clipped from: https://www.financialexpress.com/money/your-money-how-to-evaluate-cash-flow-management-efficiency/2244454/ A firm should have positive figure for cash from operations to attract the attention of investors If we assign a score of one
Tax Query: How to close HUF account with the I-T Department – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/tax-query-how-to-close-huf-account-with-the-i-t-department/article34460660.ece?homepage=true My friend is having an HUF account. Till 2016 he had business income in HUF. He has two sons and a spouse. Both
Triumphs and travails of a consultant – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/books/triumphs-and-travails-of-a-consultant/article34465594.ece?homepage=true Title: The Mind of A Consultant Author: Sandeep Krishnan Publisher: Penguin Random House India Price: ₹432 Title: The Mind of A Consultant Author:
Yes Bank says no to National Asset Reconstruction Company, says will pursue own NPA aggregator – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/yes-bank-says-no-to-national-asset-reconstruction-company-says-will-pursue-own-npa-aggregator/articleshow/82357799.cmsSynopsis At the same time the bank is still pursuing its objective of a majority owned asset reconstruction company (ARC) and is waiting for
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