Clipped from: https://economictimes.indiatimes.com/tech/technology/govt-trying-to-make-inroads-into-the-fundamental-right-of-privacy-says-bn-srikrishna/articleshow/83096473.cmsSynopsis Srikrishna described the face-off between the central government and global social media platforms over the new IT rules as well as other attempts
Day: May 31, 2021
The rocket rupee | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-rocket-rupee-121053000932_1.html It does feel like we are close to the end of the rupee’s rally, says Jamal Mecklai Technically, it is beginning to appear
Decision deferred in deference to public – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/decision-deferred-in-deference-to-public/articleshow/83094003.cmsSynopsis The marginal benefit to individual Covid patients from scrapping tax is likely to be smaller than the loss to the collective from the
US budget plan: Money is cheap, let’s spend it: White House $6 trillion budget message – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/money-is-cheap-lets-spend-it-white-house-6-trillion-budget-message/articleshow/83057035.cmsSynopsis The first comprehensive budget offered by Democratic President Joe Biden faces strong opposition from Republican lawmakers, who want to tamp down US government
Paytm promoter’s unlisted shares soar 70% in a week – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/paytm-promoters-unlisted-shares-soar-70-in-a-week/articleshow/83096805.cms SynopsisOne97 Communications shares, which is traded in the unofficial grey market, shot up from Rs 11,000 to Rs 18,500 per share in a
Banks warn their customers of curbs if they deal in crypto – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/cryptocurrency/banks-warn-its-customers-of-curbs-if-they-deal-in-cryptocurrency/articleshow/83103230.cms Synopsis–Several other banks, including ICICI Bank, Yes Bank and IndusInd Bank, have also in recent weeks pulled the plug on the business accounts
Govt trying to make inroads into the fundamental right of privacy, says BN Srikrishna – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/technology/govt-trying-to-make-inroads-into-the-fundamental-right-of-privacy-says-bn-srikrishna/articleshow/83096473.cmsSynopsis Srikrishna described the face-off between the central government and global social media platforms over the new IT rules as well as other attempts
Govt expands credit lifeline for MSMEs amid second wave of Covid-19 | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/govt-eases-emergency-credit-guarantee-scheme-to-help-businesses-in-pandemic-121053000305_1.html Scheme removes the ceiling of outstanding loans of Rs 500 crore, keeps government’s guarantee cover of Rs 3 trillion. Loans given under ECLGS
Regulate big tech but not at the expense of user rights: Mishi Choudhary | Business Standard News
Clipped from: https://www.business-standard.com/article/politics/regulate-big-tech-but-not-at-the-expense-of-user-rights-mishi-choudhary-121053000791_1.html The heavy-handed ways in which the government has been behaving in shaping the narrative and curbing dissent make even genuine attempts at regulating
Stimulus package should be broad-based, like Budget: NITI Aayog chief | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/stimulus-package-should-be-broad-based-like-budget-niti-aayog-chief-121053000658_1.html In a Q&A, Amitabh Kant says the package should aim to lift growth instead of picking specific sectors for assistance Amitabh Kant said
PSU banks to follow template with three loan buckets for recast 2.0 | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/psu-banks-to-follow-template-with-three-loan-buckets-for-recast-2-0-121053000537_1.html Lenders come out with standardised products to help mitigate Covid crisis Public sector banks, including the country’s largest lender State Bank of India
Corporate profit to GDP ratio hits 10-year high of 2.63% in FY21 | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/corporate-profit-to-gdp-ratio-hits-10-year-high-of-2-63-in-fy21-121053100041_1.html India Inc’s combined net profit was up 57.6% to Rs 5.31 trillion in FY21 Corporate revenue to GDP also inched up to 34.4
Lenders terminate bankruptcy proceedings against Lavasa Corporation | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/lenders-terminate-bankruptcy-proceedings-against-lavasa-corporation-121053100035_1.html Lenders who have run up Rs 7,700 cr bad loans will call for fresh bids Lavasa, a subsidiary of HCC, was sent for
Who bore brunt of income losses in CY20 as India battled coronavirus? | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/who-bore-brunt-of-income-losses-in-cy20-as-india-battled-coronavirus-121053100082_1.html Almost four-fifth of all income losses were incurred by households and the corporate sector Nikhil Gupta is Economist, Motilal Oswal Financial Services Ltd.
Distant thunder in the world economy | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/distant-thunder-in-the-world-economy-121053000925_1.html We’re in the happy period of global economy coming back to life, but we need to watch carefully the US inflation situation Here
The rural worry | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/the-rural-worry-121053000918_1.html Bharat is suffering on multiple counts Prime Minister Narendra Modi rightly noted last week that the economic impact of the Covid-19 pandemic was “huge”. The
More misses than hits | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/more-misses-than-hits-121053000911_1.html GST Council should have addressed pressing issues The council that oversees goods and services tax (GST), the GST Council, met last Friday amid concern about
A no-action policy with focus on growth | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/a-no-action-policy-with-focus-on-growth-121053000836_1.html ‘Unwinding’ is unlikely to happen before the third quarter of this year even if we don’t mess up in tackling a possible third
The goofed-up story of rooftop solar – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/specials/clean-tech/the-goofed-up-story-of-rooftop-solar/article34682693.ece The segment is seeing big growth during the pandemic, but a host of reasons — including governmental missteps — threaten to dim it
Significant Economic Presence and its legal significance – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/significant-economic-presence-and-its-legal-significance/article34683362.ece Lawmakers have created scenarios where foreign corporations are deemed to have “business connection” in India, thus bringing their Indian operations within the ambit
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