Clipped from: https://www.business-standard.com/article/pf/what-happens-to-investments-when-the-holder-dies-without-nominating-anyone-121050701160_1.html Your family could face difficulties as getting a succession certificate from the court is easier said than done The second wave of Covid-19
Day: May 10, 2021
Claim can’t be denied on frivolous grounds | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/claim-can-t-be-denied-on-frivolous-grounds-121050900702_1.html As for the purchase of raw materials from its sister concern, the National Commission observed this was properly recorded and there were corresponding
Court directs BIS not to take action against jewellers – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/court-directs-bis-not-to-take-action-against-jewellers/article34521308.ece The Nagpur Bench of Bombay High Court has restrained the Consumer Affairs Ministry from taking any coercive action against jewellers for holding non-hallmarked
Medical disasters and the role of law – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/medical-disasters-and-the-role-of-law/article34521886.ece When powers are conferred to a matrix of authorities, courts cannot displace, much less brush, them aside and assume their role In the
RBI’s stitch-in-time act is spot on – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/rbis-stitch-in-time-act-is-spot-on/article34521706.ece The ₹50,000 crore to banks for creating a Covid loan book and other measures are timely. But more reforms may be needed Himadri
Now, another tool for SBI to resolve stress – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/now-another-tool-for-sbi-to-resolve-stress/article34521272.ece Bank pursuing board approval for policy framework on pre-packs, says MD State Bank of India sees the recently-introduced pre-packaged insolvency resolution process (PPIRP)
Patently right – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/patently-right/article34521760.ece US support for a waiver of IP on vaccines comes at the right time and must be pushed through at WTO The United
Total balance in Jan Dhan accounts goes down by ₹2,787 crore in April – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/total-balance-in-jan-dhan-accounts-goes-down-by-2787-crore-in-april/article34521372.ece?homepage=true Rural spread of Covid, loss of earnings driving withdrawals For the first time in the last eight months, total balance in Pradhan Mantri
With banks blindsided by Covid-19, incidence of fraud may well have gone up | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/with-banks-blindsided-by-covid-19-incidence-of-fraud-may-well-have-gone-up-121050900804_1.html RBI’s supervisory load has also gone up, with both non-banking financial companies and urban co-operative banks coming under closer scrutiny The shadow of
What happens to investments when the holder dies without nominating anyone? | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/what-happens-to-investments-when-the-holder-dies-without-nominating-anyone-121050701160_1.html Your family could face difficulties as getting a succession certificate from the court is easier said than done Image: iStock The second wave
GST exemption on vaccines will lead to high prices: FM Sitharaman | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/gst-exemption-on-vaccines-will-lead-to-high-prices-fm-sitharaman-121050900899_1.html Statement follows West Bengal CM Mamata Banerjee’s letter to PM seeking GST exemption Union Minister of Finance and Corporate Affairs Nirmala Sitharaman Finance
There’s a weak link between economy and market, says Jitendra Gohil | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/there-s-a-weak-link-between-economy-and-market-says-jitendra-gohil-121050900764_1.html The next trigger for a sell-off can be if we go into a nationwide lockdown to curb the virus, but the probability of
India needs more women finance professionals | Business Standard Others
Clipped from: https://www.business-standard.com/article/opinion/india-needs-more-women-finance-professionals-121050900771_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Newsletter_11072018 In the new economy, home is also a workspace. Because a household is a microcosm of an economy, women have had the training
MFIs, banks need to revisit micro-loan pricing: CreditAccess Grameen MD | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/mfis-banks-need-to-revisit-micro-loan-pricing-creditaccess-grameen-md-121050900781_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Newsletter_11072018 Udaya Kumar Hebbar comes across as a contrarian when he says that the industry has learnt to navigate lockdowns Udaya Kumar Hebbar, Managing
The indifferent market | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-indifferent-market-121050900840_1.html The expectation that restrictions may last weeks and not months explains the market’s apparent casual view of the pandemic Despite the scary increase
RBI in Impossible Trinity but ready with reserves, say economists | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-in-impossible-trinity-but-ready-with-reserves-say-economists-121050900931_1.html The RBI cannot have an independent monetary policy (setting domestic interest rates) in an environment of an open capital account and flexible exchange
An asymmetric story: Big steelmakers mint money as smaller ones struggle | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/from-tata-to-jsw-steel-an-asymmetric-story-of-india-s-steel-industry-121050900889_1.html Large producers with iron ore mines and export markets are thriving in the current cycle but small ones, with access to neither, are
Why stock markets are resilient now | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/why-stock-markets-are-resilient-now-121050900834_1.html If the earnings slow, interest rates rise or there is an external shock, the market will fall sharply One of the most baffling
Enduring pain | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/enduring-pain-121050900816_1.html Decline in income and employment will increase hardship The loss of life and livelihood continues to mount relentlessly. Health infrastructure, which anyway had
Why Citibank is selling its consumer business in India | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/why-citibank-is-selling-its-consumer-business-in-india-121050900852_1.html It’s a strategic decision by Citigroup’s new CEO, not a reflection on its India operations. Regulators’ displeasure and investors’ ire are behind it