Clipped from: https://www.thehindubusinessline.com/economy/agri-business/this-start-up-brings-some-difficult-traditional-vegetables-back-to-kitchens/article34501416.ece nGV Natural Industry is supplying two such vegetables – banana stem and tender jackfruit – in RTC format You would have tasted some
Month: May 2021
Several hospitals come under taxman’s probe – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/several-hospitals-come-under-taxmans-probe/articleshow/82474009.cmsSynopsis It comes as the government has received several complaints that many hospitals have refused to accept payments in any other mode but cash.
Covid-19 crisis: SC orders release of prisoners to decongest jails | Deccan Herald
Clipped from: https://www.deccanherald.com/national/covid-19-crisis-sc-orders-release-of-prisoners-to-decongest-jails-983754.html It also directed the high-powered committees to consider the release of fresh prisoners Supreme Court of India. Credit: PTI File Photo The Supreme
SEBI notifies relaxed rules for listing start-ups – The Hindu
Clipped from: https://www.thehindu.com/business/Industry/sebi-notifies-relaxed-rules-for-listing-start-ups/article34508771.ece The changes have been made to the framework for listing on the Innovators Growth Platform (IGP), according to two separate notifications issued on
Plea to simplify GST – The Hindu
Clipped from: https://www.thehindu.com/news/cities/Madurai/plea-to-simplify-gst/article34515605.ece Agrofood Chamber of Commerce and Industry has congratulated DMK leader M.K. Stalin for taking charge as Chief Minister. In a press release, its
CBIC allows import, export of goods without furnishing bonds to Customs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/cbic-allows-import-export-of-goods-without-furnishing-bonds-to-customs/articleshow/82479122.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis CBIC said importers and exporters will have to furnish an undertaking to the Customs authorities in lieu of the bonds till June 30.
MSMEs | Covid second wave: Shock, fear, helplessness: Covid’s second wave is an emotional and economic crisis for MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/shock-fear-helplessness-covids-second-wave-is-an-emotional-and-economic-crisis-for-msmes/articleshow/82449332.cms Synopsis–It is not just the economic hardships; the second wave of Covid-19 has torn families. As MSMEs struggle to stay afloat, they confront
PLI: A stitch in time? Why the Govt needs to iron out the issues in PLI scheme for textiles – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/a-stitch-in-time-why-the-govt-needs-to-iron-out-the-issues-in-pli-scheme-for-textiles/articleshow/82474956.cmsSynopsis Textile sector has been identified as thrust the sector amongst the selected 13 sectors for which the Production Linked Incentive scheme (PLI) scheme
Unboxing key GST developments during the pandemic – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/covid-2-0-unboxing-key-gst-developments-during-the-pandemic/articleshow/82475660.cmsSynopsis Currently, the GST law seems to be evolving more through notifications and circulars and is still far from settling down. It’s been over
A bit too socially restrictive, SEBI – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/a-bit-too-socially-restrictive-sebi/articleshow/82464311.cmsSynopsis The classification of eligible activities should be flexible, within limits. And, indeed, these should target underprivileged groups. However, there is no reason to
Delhi High Court stays show cause notice by I-T dept under faceless assessment regime – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/hc-stays-show-cause-by-i-t-under-faceless-assessment-regime/articleshow/82465756.cmsSynopsis The Delhi High Court said the submission that there was a breach of principles of natural justice appears to be prima facie correct.
Auto sales: It’s May-hem in auto, sales may fall 70-80% – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-news/its-may-hem-in-auto-sales-may-fall-70-80/articleshow/82471748.cms Synopsis–Vinkesh Gulati, president for Federation of Automotive Dealers Association, says customer walk-ins and bookings are negligible, which is not a good sign for
On-tap liquidity facility: RBI asks banks to on-lend to healthcare cos in 30 days of availing credit – The Financial Express
Clipped from: https://www.financialexpress.com/economy/on-tap-liquidity-facility-rbi-asks-banks-to-on-lend-to-healthcare-cos-in-30-days-of-availing-credit/2247863/ However, the banks will have to ensure that the amount borrowed from the RBI should at all times be backed by lending to
Flipkart introduces a slew of initiatives to support sellers – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/flipkart-introduces-a-slew-of-initiatives-to-support-sellers/article34509028.ece Provides them financial, health and safety benefits E-commerce major Flipkart has extended various initiatives to lakhs of MSMEs, small scale sellers, artisans, weavers
Profit booking leads to drop in prices of G-Secs – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/markets/profit-booking-leads-to-drop-in-prices-of-g-secs/article34509162.ece Rates had risen in last couple of days Government securities (G-Sec) prices declined on Friday, despite the weekly auction G-Sec sailing through comfortably,
Delhi HC asks I-T Dept to give 3 weeks notice to assessee before taking any coercive action – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/covid-relief-delhi-hc-asks-i-t-dept-to-give-3-weeks-notice-to-assessee-before-taking-any-coercive-action/article34508991.ece Petitioners plead for issuance of directions for waiver of charges towards tax payment delay The Delhi High Court has asked the Government to
Covid-19 loans: Banks using their own resources to get the benefit | Business Standard News
lipped from: https://www.business-standard.com/article/finance/banks-using-own-funds-for-covid-19-loans-can-take-reverse-repo-rate-benefit-121050700736_1.html Earlier, option of earning 40 bps extra was for banks using RBI’s Rs 50,000-cr window On May 5, RBI governor Shaktikanta Das announced
Second month in row, Walmart’s PhonePe logs over 1 billion transactions | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/second-month-in-row-walmart-s-phonepe-logs-over-1-billion-transactions-121050701417_1.htmlIn March, it had processed 1.19 billion transactions amounting to Rs 2.31 trillion For two consecutive months, Walmart-backed PhonePe has processed more than a billion transactions
FPIs seek three months more to implement Sebi diktat on monitoring DRs | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/fpis-seek-three-months-more-to-implement-sebi-diktat-on-monitoring-drs-121050700973_1.html Cite legal hurdles and challenges in implementing the circular in its present form The diktat requires custodians to collect and report information on
Hospitals to reap the benefits of RBI’s health care liquidity injection | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/hospitals-to-reap-the-benefits-of-rbi-s-health-care-liquidity-injection-121050601444_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 While top hospital chains reported an average borrowing cost of 9.8% in H1FY21, loans under the special RBI liquidity window for the health
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