lipped from: https://www.thehindubusinessline.com/opinion/dont-tinker-with-fdi-e-comm-rules/article34599745.ece Clearing the air The government must take a clear stand on its e-commerce policy – /iStockphoto Clearing the air The government must take
Day: May 20, 2021
RBI makes mobile wallet interoperability mandatory from FY23 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/tech-bytes/rbi-makes-mobile-wallet-interoperability-mandatory-from-fy23/articleshow/82777061.cmsSynopsis Additionally, mobile wallets such as Paytm, PhonePe and Mobikwik can now be used for cash withdrawals up to Rs 2,000. The wallet limit
BigBasket clocks $1.1 billion gross sales as pandemic fuels online grocery – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/startups/bigbasket-clocks-1-1-billion-gross-sales-as-pandemic-fuels-online-grocery/articleshow/82778110.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 SynopsisThat Tata-owned BigBasket is only the second vertical e-commerce player in India to achieve the milestone indicates the high-growth potential that online grocery
Now, Mitsui arm challenges Rs 2,400 crore retro tax order – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/indl-goods/svs/metals-mining/now-mitsui-arm-challenges-2400-crore-retro-tax-order/articleshow/82759812.cmsSynopsis The government is facing a fresh international challenge to the policy of retrospective tax amendments adopted by it. Now, Earlyguard, a British subsidiary
Insured, but still paying 40% of Covid treatment costs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/insure/insured-but-still-paying-40-of-covid-treatment-costs/articleshow/82785513.cms Synopsis–That’s because insurers are not aligning payouts to realities of Covid treatment. Fine prints of most health policies exclude coverage of expenses on
Foreign Exchange Policy; Intervention isn’t manipulation – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-foreign-exchange-policy-intervention-isnt-manipulation/articleshow/82778237.cmsSynopsis The criteria for branding currency manipulators are rather simple. The US Treasury looks at three criteria: (1) foreign exchange intervention in terms of
ECB warns of financial stability risks amid market ‘exuberance’ | Business Standard News
Clipped from: https://www.business-standard.com/article/international/ecb-warns-of-financial-stability-risks-amid-market-exuberance-121052000051_1.html Says flood of fiscal & monetary stimulus may build up dangerous imbalances The euro zone is vulnerable to such spillovers because, like most
Second wave of Covid-19: Consider second loan recast, PSBs tell RBI | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/second-wave-of-covid-19-consider-second-loan-recast-psbs-tell-rbi-121052000034_1.html Want lower provisioning for restructuring than last year Reeling from the second wave of Covid-19 and its economic impact, public sector banks have
Data Storage: Storage made smart & simple – The Financial Express
Clipped from: https://www.financialexpress.com/industry/technology/data-storage-storage-made-smart-simple/2255181/ Cloud storage-as-a-service is the new approach to mass capacity data storage and management Grace Liu Portrait By Grace Liu Businesses today need a
Shed vaccine IPR intransigence: EU must realise waivers crucial for the fight against Covid-19 – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/shed-vaccine-ipr-intransigence-eu-must-realise-waivers-crucial-for-the-fight-against-covid-19/2255197/ It is hard to fathom why patent-sharing should seem a better option while the objective is low-cost and wide vaccine access. Opponents of
Can’t afford to rest on recent exports showing – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/cant-afford-to-rest-on-recent-exports-showing/2255222/ India still lags its true potential, thanks to protectionist policies, rigid land/labour laws and poor infrastructure Unfortunately, though, India’s exports have never really
Can retail investors sustain the market rally? – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/columns/can-retail-investors-sustain-the-market-rally/article34599409.ece They do not have the fire-power. The rally can be sustained only if the pandemic is contained fast and FPIs/MFs resume buying Foreign
Rework social security code for informal workers – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/rework-social-security-code-for-informal-workers/article34599616.ece It needs to be simplified, avoiding multiple authorities and allowing for seamless integration of existing State-run schemes The Code on Social Security 2020
GST Council may take up plea on lowering general interest rates – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/gst-council-may-take-up-plea-on-lowering-general-interest-rates/article34599784.ece States believe falling interest rate regime justifies demand from all quarters The GST Council, which is meeting on May 28, is expected to
PhonePe to acquire Indus OS in all-cash deal worth $60 m – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/info-tech/phonepe-to-acquire-indus-os-in-all-cash-deal-worth-60-m/article34599672.ece?homepage=true The digital payment service PhonePe – Bloomberg The digital payment service PhonePe – Bloomberg× This is the digital payment platform’s second acquisition after
Essential Commodities: Goyal ask officials to keep an eye on prices – The Financial Express
Clipped from: https://www.financialexpress.com/economy/essential-commodities-goyal-ask-officials-to-keep-an-eye-on-prices/2255185/ The department of consumer affairs collects data about the prices of all 22 essential commodities from 157 centres across the country. As per
Greater insurance cover or low premium: Strike a balance, say experts | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/greater-insurance-cover-or-low-premium-strike-a-balance-say-experts-121051801504_1.html It is advisable to buy a policy that offers more comprehensive coverage In premium terms, the difference between a comprehensive policy and one
NBFCs had objected to RBI rules on auditor change, called for expert panel | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/nbfcs-had-objected-to-rbi-rules-on-auditor-change-called-for-expert-panel-121051901180_1.html The RBI had said in its guidelines that all banks and NBFCs, except non-deposit taking ones below Rs 1,000 crore, should change their
Foreign currency deposits lose sheen due to stable rupee | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/foreign-currency-deposits-loses-sheen-due-to-stable-rupee-121051900565_1.html The flow of total NRI deposits during FY21 was $7.3 bn as compared to $8.6 bn in FY20. This was the lowest flow
PhonePe seeks to acquire Indus OS to take on Paytm, Google Pay, Amazon Pay | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/phonepe-seeks-to-acquire-indus-os-to-take-on-paytm-google-pay-amazon-pay-121051900888_1.html The acquisition would help PhonePe in its “super app and vernacular language” strategy to integrate various apps on its platform. Both Flipkart and
aniltikotekar4sme.com 