Clipped from: https://economictimes.indiatimes.com/markets/cryptocurrency/crypto-exchanges-want-sebi-or-a-new-entity-as-regulator-not-rbi/articleshow/82718907.cms Synopsis–Nature of the assets is closer to a commodity and not a currency and hence falls within the domain of the capital markets
Day: May 18, 2021
Brokerages raise L&T’s target price on strong Q4 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/brokerages-raise-lts-target-price-on-strong-q4/articleshow/82727214.cms Synopsis–Morgan Stanley retained overweight and raised target price to Rs 1,816 from Rs 1,721 saying that valuations remain compelling and the company has
Analysts expect Cipla to return up to 30% from here on as India biz gains momentum – The Economic Times
lipped from: https://economictimes.indiatimes.com/markets/stocks/news/analysts-expect-cipla-to-return-up-to-30-from-here-on-as-india-biz-gains-momentum/articleshow/82727318.cms Synopsis–Kotak Securities said the expansion of the Covid portfolio would support near-term earnings while the continued rollout of respiratory franchisee in the US
Top wealth creators of the decade losing allure – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/top-wealth-creators-of-the-decade-losing-allure/articleshow/82727163.cms Synopsis–Rising commodity prices could begin squeezing the profitability of consumer companies. So far, companies have managed to pass on higher input costs to
Payment defaults rise 50% in May for NBFCs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/payment-defaults-rise-50-in-may-for-nbfcs/articleshow/82725399.cmsSynopsis Most non-bank finance companies have been forced to stop door-to-door collections after several payment pick-up agents succumbed to the virus in the past
Hardships faced by the salaried: 35 million workers tapped provident fund accounts since April 2020 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/hardships-faced-by-the-salaried-35-million-workers-tapped-provident-fund-accounts-since-april-2020/articleshow/82725390.cms SynopsisNearly 7.2 million of these workers together availed of the non-refundable Covid advance that was allowed last year amounting to Rs 18,500 crore
Retail inflation since Dec 2020 higher than govt figures: SBI–Business today
Clipped from: https://www.businesstoday.in/current/economy-politics/retail-inflation-since-dec-2020-higher-than-govt-figures-sbi/story/439288.html SBI recommended urgent fuel price cut through tax rationalisation, otherwise consumers’ non discretionary spending will continue to get distorted and impart an upward
Bharti Airtel FY21 net loss narrows to Rs 15,084 crore–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/bharti-airtel-fy21-net-loss-narrows-to-rs-15084-crore/story/439275.html For January-March quarter, the company reported a net profit of Rs 759 crore as against a net loss of Rs 5,237 crore in
SC push to decongest prisons amid pandemic is welcome. In deciding parole, age, comorbidities should be considerations
Clipped from: https://indianexpress.com/article/opinion/editorials/in-a-new-light-4-supreme-court-covid-19-covid-19-india-second-wave-bhima-koregaon-case-7317826/ SC push to decongest prisons amid pandemic is welcome. In deciding parole, age, comorbidities should be considerations The Court’s proposition needs to be
Honour Cairn award, remove uncertainty – The Economic Times
lipped from: https://economictimes.indiatimes.com/opinion/et-editorial/honour-cairn-award-remove-uncertainty/articleshow/82717627.cmsSynopsis Apparently, Cairn has identified assets that range from AI’s aircraft to vessels owned by Shipping Corporation of India and properties owned by State-owned
Will companies be liable if employees get exposed to Covid-19 at work? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/magazines/panache/vaccine-wfo-will-companies-be-liable-if-employees-get-exposed-to-covid-19-at-work/articleshow/82707770.cmsSynopsis As vaccination numbers rise and the number of COVID-19 cases drop, it’s natural for companies to rethink their workplace plans. For executives planning
property legal rights: My father passed away without a will. Who has legal rights to his property? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/plan/my-father-passed-away-without-a-will-who-has-legal-rights-to-his-property/articleshow/82478471.cmsSynopsis Registering a will is not mandatory, nor does it offer any guarantee that it will not be opposed. So, a registered will can
Money & relationships: Should you merge finances, assets with spouse? Here’s help – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/plan/money-relationships-should-you-merge-finances-assets-with-spouse-heres-help/articleshow/82656005.cmsSynopsis While there are no financial rules that can be applicable to everyone, and each couple must find its own comfort zone in dealing
Reimbursement claimed on welfare expenses incurred by multinationals in India outside gamut of tax: ITAT – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/reimbursement-claimed-on-welfare-expenses-incurred-by-multinationals-in-india-outside-gamut-of-tax-itat/articleshow/82680179.cmsSynopsis Tax tribunal lays out ground rules for taxing such expenses, should benefit Indian arms amidst Covid pandemic. It said that there should be
property legal rights: My father passed away without a will. Who has legal rights to his property? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/plan/my-father-passed-away-without-a-will-who-has-legal-rights-to-his-property/articleshow/82478471.cmsSynopsis Registering a will is not mandatory, nor does it offer any guarantee that it will not be opposed. So, a registered will can
Why one must not be dangerously efficient with their personal finances: Little bit of slacking can go a long way – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/plan/why-one-must-not-be-dangerously-efficient-with-their-personal-finances-little-bit-of-slacking-can-go-a-long-way/articleshow/82655745.cms Synopsis–The pandemic has made us realise that for both businesses and individuals, it’s possible to be harmfully efficient. Despite the hardship and suffering,
NBFCs survived first Covid wave but face second hurdle, says RBI – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/nbfcs-survived-first-covid-wave-but-face-second-hurdle-says-rbi/articleshow/82712068.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Among sectors NBFCs lend to, industrial sector, particularly micro and small and large industries, were the hardest hit by the pandemic as they
India Inc’s foreign investment jumps over two-folds to $2.51 billion in April 2021 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/india-incs-foreign-investment-jumps-over-two-folds-to-2-51-billion-in-april-2021/articleshow/82715145.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Of the total commitment of USD 2.51 billion in April this year by the Indian company owners, USD 1.75 billion was in the
Morgan Stanley: India shouldn’t mistake ‘reflation’ for its ugly step-sister, says Morgan Stanley research – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/india-shouldnt-mistake-reflation-for-its-ugly-step-sister-morgan-stanley-research/articleshow/82707731.cmsSynopsis “Don’t mistake reflation for its ugly step-sister, Asia’s policy rate normalisation is likely to be gradual,” a research by Morgan Stanley said Monday.
Rising Covid spends, fuel prices, online delivery will crowd out consumer demand, warns SBI report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/rising-covid-spends-fuel-prices-online-delivery-to-crowd-out-consumer-demand-warns-sbi-report/articleshow/82708604.cmsSynopsis As the pandemic rages through the country, it is worthwhile to look beyond the headline inflation as rural core has now jumped to
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