Clipped from: https://www.business-standard.com/article/companies/flipkart-amazon-challenge-karnataka-hc-s-order-to-restart-antitrust-probe-121061700542_1.htmlOn June 12, the High Court had dismissed Amazon and Flipkart’s writ petition, allowing antitrust watchdog CCI to continue with its probe. E-commerce firms Flipkart and Amazon have
Day: June 18, 2021
New norms of TDS/TCS from July 1 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/new-norms-of-tdstcs-from-july-1/article34843196.ece?homepage=true Three key changes relate to purchase of goods, pension income and accelerated TDS rates for non-filers Businesses may be in for some extra
Surplus transfer: RBI can be characterised as ‘free-ranging’ goose, says article – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/surplus-transfer-rbi-can-be-characterised-as-free-ranging-goose-says-article/article34837103.ece?homepage=true The article refers to the recent ₹99,122-crore transfer to the Centre The Reserve Bank of India (RBI) can be characterised as a ‘free-ranging’
PLI scheme to help pharma sector boost investments in high-value generics – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/pli-scheme-to-help-pharma-sector-boost-investments-in-high-value-generics/article34838613.ece?homepage=true To cut China imports and lift exports The production-linked incentive (PLI) schemes announced by the Government for key raw materials such as bulk
CII calls for ₹3 lakh crore fiscal stimulus to boost demand – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/cii-calls-for-3-lakh-crore-fiscal-stimulus-to-boost-demand/article34840644.ece?homepage=true Vaccine availability must grow twofold to provide at least one vaccine dose to all adults The Centre must rollout a fiscal stimulus of
Taper home stretch – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/taper-home-stretch/article34842265.ece?homepage=true Markets have been put on notice by Fed, which has signalled that easy money policy has run its course Global financial markets had
How savings were impacted by Covid second wave – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/how-savings-are-impacted-by-covid-second-wave/article34842686.ece?homepage=true Concerns over decline could hamper recovery Faced with the surge of Covid-19 infections in recent months combined with lockdowns that led to job
Rising dollar, crude oil negatives for rupee – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/forex/rising-dollar-crude-oil-negatives-for-rupee/article34836996.ece?homepage=true However, strong foreign inflows, record forex reserves are positives for the rupee The Federal Open Market Committee (FOMC) of the US Federal Reserve
RBI pays higher-than-expected price to buy 10-year G-Sec – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-pays-higher-than-expected-price-to-buy-10-year-g-sec/article34842848.ece?homepage=true Bond yield declining about 3 basis points to 6.0192 per cent The Reserve Bank of India paid about 38 paise more to purchase
Rupee crashes, bond yields spike as Fed turns hawkish – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/forex/rupee-crashes-bond-yields-spike-as-fed-turns-hawkish/article34843482.ece?homepage=true Top US central banker talks of unwinding the QE programme, raising interest rates Currency and bond markets turned intensely volatile following US Federal