Clipped from: https://www.business-standard.com/article/finance/rbi-tells-lenders-to-re-consider-ties-with-crypto-exchanges-traders-121051300685_1.html The guidance comes as India is crafting a law to ban cryptocurrencies and penalise anyone dealing in them, which would be among the
Day: May 14, 2021
Sebi objects to Securities Appellate Tribunal missing key member | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-objects-to-securities-appellate-tribunal-missing-key-member-121051301411_1.html Tribunal has taken opinion of senior counsel in the matter The SAT hears appeals against decisions that Sebi takes as securities market regulator
Commodity conundrum | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/commodity-conundrum-121051301342_1.html Higher international prices will increase policy risks A decline in the inflation rate and a surge in the index of industrial production (IIP) would please markets and
Mixing Covid-19 vaccine doses safe but increases side effects: Study | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/mixing-covid-19-vaccine-doses-safe-but-increases-side-effects-study-121051301408_1.html The research team said adverse reactions from this mix and match approach were short-lived and there were no other safety concerns The mild
‘Promoter’ vs ‘person in control’: How will Sebi’s new proposal play out? | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/promoter-vs-person-in-control-how-will-sebi-s-new-proposal-play-out-121051301327_1.html The rationale behind replacing the concept of “promoter” with “person in control” is to absolve entities, which, in reality, don’t have any control
God’s own patience: Meet Padmakumar Madhavan Nair, MD & CEO of NARCL | Business Standard News
lipped from: https://www.business-standard.com/article/finance/god-s-own-patience-meet-padmakumar-madhavan-nair-md-ceo-of-narcl-121051301337_1.html His staying power was in evidence during the groundwork for the resolution of the debt owed by Anil Ambani-controlled Reliance Communication which involved
Auto-debit payment bounce rate increases again in April | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/second-covid-wave-auto-debit-payment-bounce-rate-increases-again-in-april-121051400052_1.html Experts say the rise may continue, given the lockdowns In absolute terms, in April of the 85.4 million auto-debit transactions initiated, 56.3 million
Will the deadlier second wave prompt Modi govt to go for another stimulus? | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/will-the-deadlier-second-wave-prompt-modi-govt-to-go-for-another-stimulus-121051201327_1.html A recent study found that the poorest of workers earned Rs 15,000 less on average last year. This time, state lockdowns may dent
Housing revival to boost economic sentiment: FM Nirmala Sitharaman | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/housing-revival-to-boost-economic-sentiment-fm-nirmala-sitharaman-121051400045_1.html SWAMIH Fund to benefit 116,000 home buyers, help banks and NBFCs grow Finance Minister Nirmala Sitharaman on Thursday said renewing stalled real estate projects will significantly improve
MSME credit gap: How Bitcoin, Ethereum, other crypto investors may address small business liquidity crisis – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-credit-gap-how-bitcoin-ethereum-other-crypto-investors-may-address-small-business-liquidity-crisis/2251607/ Credit and Finance for MSMEs: Of Rs 95.69 lakh crore gross bank credit outstanding as of February 26, 2020, the share of MSE
Liquidity Crunch: New mechanism in the works to aid exporters – The Financial Express
Clipped from: https://www.financialexpress.com/economy/liquidity-crunch-new-mechanism-in-the-works-to-aid-exporters/2251629/ Given paucity of funds with govt, exporters to borrow at repo rate against MEIS entitlement As per the mechanism being explored, the government
7.4 million job losses in April due to lockdowns, unemployment rate jumps to 8%: CMIE – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/1-1-million-job-losses-in-april-due-to-lockdowns-unemployment-rate-jumps-to-8-cmie/articleshow/82600685.cmsSynopsis Joblosses have pushed up India’s unemployment rate to 8% in April compared to 6.5% in March while the employment rate fell to 36.8%
Mobility curbs: More than 2.5 million trucks go off the road – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/transportation/shipping-/-transport/mobility-curbs-more-than-2-5-million-trucks-go-off-the-road/articleshow/82623326.cms SynopsisAccording to Indian Foundation of Transport Research and Training or IFTRT, about 450,000 drivers who take up the difficult task of transporting necessities
‘PLI scheme can bring 8-12 GW more solar manufacturing capacity’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/pli-scheme-can-bring-8-12-gw-more-solar-manufacturing-capacity/article34543051.ece The ₹4,500-crore allocation towards solar modules may attract investments, says report The production-linked incentive (PLI) scheme for the renewable sector could facilitate the
PC shipments register 73 per cent growth in Q1 2021: IDC – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/pc-shipments-register-73-per-cent-growth-in-q1-2021-idc/article34548562.ece A total of 3.1 million PCs were shipped during the quarter The Indian traditional PC market inclusive of desktops, notebooks, and workstations continued
Officers’ unions appeal to CVC to put annual transfers in PSBs on hold due to the pandemic – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/officers-unions-appeal-to-cvc-to-put-annual-transfers-in-psbs-on-hold-due-to-the-pandemic/article34549501.ece It will be very difficult for officers to shift to new locations amidst the Covid situation, say Unions Mumbai, May 13 The Unions,
The financial condition of PMC Bank continues to be precarious: RBI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/the-financial-condition-of-pmc-bank-continues-to-be-precarious-rbi/article34550106.ece Liquidity position not improving enough to allow enhancement of withdrawal limit The Reserve Bank of India said any generalisation for release of funds
GDR scam: SEBI lets Aptech off the hook – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/gdr-scam-sebi-lets-aptech-off-the-hook/article34552194.ece Spares the company monetary penalty; says law cannot be applied retrospectively Market regulator SEBI had found Aptech Ltd guilty of fraud in the
For a robust data protection regime – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/for-a-robust-data-protection-regime/article34551998.ece While the law seeks to strike a balance between privacy and public good, it vests too much power in the govt The Personal
EVs need regulatory charge – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/evs-need-regulatory-charge/article34552060.ece India must put its electric vehicle transition plans in high gear Soon after US President Joe Biden took office, he passed an order
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