Clipped from: https://www.financialexpress.com/opinion/household-debt-may-not-be-a-big-worry/2279367/ Meanwhile, household-savings-to-GDP remains above the hisorical rate, and some spending will give the economy a lift The biggest chunk of financial savings is
Day: June 28, 2021
Start-ups raise $8 b in 5 months – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/start-ups-raise-8-b-in-5-months/article35006521.ece Investors continue to place bets on tech, retail and financial services: GlobalData Indian start-ups mobilised as much as $8.1 billion venture capital (VC)
To rebound, India Inc will need more stimulus – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/to-rebound-india-inc-will-need-more-stimulus/article35005324.ece As the impact of Covid 2.0 has been severe, businesses would need monetary and fiscal support, as well as regulatory forbearance Indian industry
Sustaining the nascent economic recovery – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/sustaining-the-nascent-economic-recovery/article35004715.ece Response to RBI’s liquidity stimulus has not been encouraging so far. It’s time for banks and private sector to push investments India is
A ban, a Chinese e-comm firm and case of distraught Indian sellers | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/a-ban-a-chinese-e-comm-firm-and-case-of-lots-of-distraught-indian-sellers-121061400607_1.html Indian sellers say hundreds of them have been denied legitimate payments, cite a host of other malpractices by China’s Club Factory A ban,
Thyrocare deal: PharmEasy founders out to build Amazon of health care | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/thyrocare-deal-pharmeasy-founders-out-to-build-amazon-of-health-care-121062700900_1.html Of the three healthcare baskets that PharmEasy is targeting, it has already created a significant presence in consultation and treatment (From left) PharmEasy
Bridge that digital teaching divide – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/bridge-that-digital-teaching-divide/articleshow/83900315.cmsSynopsis The Production-Linked Incentive Scheme, private charities, expat and alumni associations, temple trusts with vaults bursting at the seams, startup stars, businessmen whose wealth
PNB Housing’s wait for capital gets longer – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/pnb-housings-wait-for-capital-gets-longer/articleshow/83902674.cmsSynopsis The proposal to raise Rs 4,000 crore in a share sale structure that aimed to balance the need for funds to grow and
Top CEOs seek large fiscal stimulus or tax sops to jumpstart economy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/top-ceos-seek-large-fiscal-stimulus-or-tax-sops-to-jumpstart-economy/articleshow/83908963.cms SynopsisEighty-two per cent of the 59 top corner-room occupants who voted in the ET poll see 5-10% GDP growth in FY22 while 56%
Tax system must become less iniquitous | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/main-article/tax-system-must-become-less-iniquitous-1000460.html High excise on fuel, lower corporate tax and huge unrealised capital gains in a booming stock market are increasing disparity Tripura Pradesh Congress
When you are the ‘first party’ and an accident claim is made against you – The Hindu
Clipped from: https://www.thehindu.com/business/when-you-are-the-first-party-and-an-accident-claim-is-made-against-you/article34994106.ece Do not make any commitment to the other party; call your insurance company and let them do the talking We have so far
Extension of directions, a setback to depositors – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/extension-of-directions-a-setback-to-depositors/article35003374.ece?homepage=true The delay in accessing money is causing them a lot of anxiety amid the pandemic The extension of directions on scam-hit Punjab and
In deep distress, aviation sector needs help – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/in-deep-distress-aviation-sector-needs-help/article35005432.ece?homepage=true The govt has left the airlines to their own inventiveness to cope with the surging losses Civil aviation is capital intensive; astronomical investments
Many large e-comm firms have blatantly flouted laws of land: Goyal | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/many-large-e-comm-firms-have-blatantly-flouted-laws-of-land-goyal-121062601297_1.html All ecommerce companies should follow the law of the land and do not use muscle or money power to hurt Indian interests, Commerce
Tyre industry seeks raw material partners to unleash growth | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/tyre-industry-seeks-raw-material-partners-to-unleash-growth-121062600628_1.html India’s tyre sector is seeking effective collaboration with raw material partners to harness its potential, industry body Automotive Tyre Manufacturers Association (ATMA) said.
Jaypee Infratech: Can the narrow win margin by the Suraksha group trigger a revote? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/jaypee-infratech-can-the-narrow-win-margin-by-the-suraksha-group-trigger-a-revote/article35003068.ece?homepage=true Though there is no provision for providing rebidding opportunities under the IBC, it appears that NBCC might appeal to the NCLT, say expert
Can I pay life insurance premium for my wife, daughter for tax deduction? – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/ask-money-today/story/ask-money-today-can-i-pay-life-insurance-premium-for-my-wife-daughter-for-tax-deduction-298259-2021-06-01 The interest rate earned in PPF is reasonably higher and this helps get the benefit of compounding effect over the long term Contribution
Received donations from friends and family; will it be taxable? – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/ask-money-today/story/ask-money-today-received-donations-from-friends-and-family-will-it-be-taxable-296876-2021-05-24 Not all gifts received are taxed. Gifts received from specified close relatives are not taxed and are fully tax-free in the hands of
What’s in store for PMC depositors | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/what-s-in-store-for-pmc-depositors-121062700789_1.html They will probably get their money back through staggered payments, and part of it can be converted into equity. Hundreds of employees of
Let’s step back from the NPA Scare | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/let-s-step-back-from-the-npa-scare-121062800012_1.html Regulators and agencies need to instil less fear in lenders, so that they are able to actively restructure debts An “NPA Scare” is
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