Clipped from: https://www.thehindubusinessline.com/business-laws/bad-loans-and-personal-guarantees/article34683404.ece The SC verdict has brought relief to creditors waging long battles against bad loans On May 21, 2021, the Supreme Court dismissed pleas
Month: May 2021
Why Cairn moved to seize assets everywhere but India – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/why-cairn-moved-to-seize-assets-everywhere-but-india/article34683512.ece Courts in West tend to award punitive damages, which an Indian court may hold to be against public policy In 2012, India amended
12 ways marketers can gather data lawfully and store it securely – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/catalyst/12-ways-marketers-can-gather-data-lawfully-and-store-it-securely/article34682669.ece How businesses can comply with, and benefit from the Personal Data Protection Bill The government’s new IT Rules are in the eye of
GST Council refers composition scheme for ice cream makers back to Fitment Committee – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/gst-council-refers-composition-scheme-for-ice-cream-makers-back-to-fitment-committee/article34683284.ece ‘Given the high value addition, the revenue implication is significant’ The ice cream sector will have to wait to be included in the
Banks can lend about ₹46,000 crore to MSMEs, civil aviation sector – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/banks-can-lend-about-46000-crore-to-msmes-civil-aviation-sector/article34683172.ece?homepage=true Scheme extended up to Sept-end or till guarantees of ₹3-lakh crore are issued Banks can lend about ₹46,000 crore to the micro, small
Emergency credit scheme to now cover civil aviation, oxygen plants – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/emergency-credit-scheme-to-now-cover-civil-aviation-oxygen-plants/article34683988.ece In boost to multiple sectors, ₹500-crore debt ceiling for loan eligibility also goes The Government on Sunday expanded the scope of the Emergency
Could your bank be headed for bankruptcy? – The Financial Express
clipped from: https://www.financialexpress.com/economy/your-money-could-your-bank-be-headed-for-bankruptcy/2261016/ If the Altman Z score is less than 1.10, the bank is a bankruptcy candidate Altman developed the Z score as a tool
India: Inflation undone? Some inflation worries highlighted earlier have come to pass – The Financial Express
lipped from: https://www.financialexpress.com/opinion/india-inflation-undone-some-inflation-worries-highlighted-earlier-have-come-to-pass/2261827/ As demand for goods and services pick up gradually (though worth noting that we are not forecasting a rapid rise in demand like
NDA failed to do its job on the economy: Big job-creating schemes needed to revive consumer demand & small businesses – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/nda-failed-to-do-its-job-on-the-economy-big-job-creating-schemes-needed-to-revive-consumer-demand-small-businesses/2261834/ At the last count, the cumulative loss of salaried jobs, since the pandemic, was 12.6 million across urban and rural areas; as of
Interest payments: Centre’s soaring debt may curb productive spending – The Financial Express
Clipped from: https://www.financialexpress.com/economy/interest-payments-centres-soaring-debt-may-curb-productive-spending/2261908/ Foster expected debt to stabilise at around 92% of GDP by FY25, against 88.9% (Moody’s estimate) in FY21. This is among the least
‘RBI may keep repo rate unchanged’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-may-keep-repo-rate-unchanged/article34683797.ece?homepage=true The MPC has held repo rate rock-steady at 4% since May 2020 The rate-setting monetary policy committee (MPC) is likely to stand pat
Economy showing symptoms of stagflation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/economy-showing-symptoms-of-stagflation/article34683323.ece?homepage=true Expansionary fiscal policy, especially increased govt spending, is needed to overcome the pandemic-induced disruptions Iranian oil workers’ strike and subsequent surge in fuel
Traceability issue in WhatsApp-Govt spat – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/traceability-issue-in-whatsapp-govt-spat/article34683085.ece?homepage=true Tracing the origin of messages is difficult. A solution that doesn’t completely denude user privacy must be worked out On February 25, 2021,
Banks send advisories to customers to not transact in cryptocurrencies – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/banks-send-advisories-to-customers-to-not-transact-in-cryptocurrencies/article34682306.ece?homepage=true Restrictions put up for cryptocurrencies trading through customer accounts as it is not permitted by the RBI In further trouble for domestic crypto
Banks decide to extend unsecured personal loans for Covid treatment – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/banks-to-extend-unsecured-personal-loans-for-covid-treatment/article34681473.ece?homepage=true Banks to create Covid loan book as per the RBI’s announcement Public Sector Banks (PSBs) have decided to make available unsecured personal loans
PSBs to follow templated approach to restructure loans – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/psbs-to-follow-templated-approach-to-restructure-loans/article34681671.ece?homepage=true Resolution process has to be invoked within 30 days from the receipt of the application Public Sector Banks (PSBs), under the aegis of
Across the Aisle: A bigger calamity awaits us, writes P Chidambaram – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/across-the-aisle-a-bigger-calamity-awaits-us-writes-p-chidambaram/2261454/ However, there is one thing about the future that is no longer uncertain. It is about the economic conditions of the people of
All about MF dividend plan nomenclatures – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/simply-put-mf-dividend-plan-nomenclatures/article34678819.ece Under dividend option, certain portion of the capital can be distributed as dividend College mates discuss money, politics and life over a video
How to choose riders in a guaranteed insurance plan – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/how-to-choose-riders-in-a-guaranteed-insurance-plan/article34678671.ece Bear in mind that you may have to shell out more in terms of premium if you opt for riders With increased awareness
Covid-19 second wave caught us by surprise, India was not ready: Finance Minister Nirmala Sitharaman | Deccan Herald
Clipped from: https://www.deccanherald.com/national/covid-19-second-wave-caught-us-by-surprise-india-was-not-ready-finance-minister-nirmala-sitharaman-991552.html The issue of limited medical infrastructure was addressed in the February 2021 Budget, she said Finance Minister Nirmala Sitharaman. Credit: PTI File Photo
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