Clipped from: https://www.business-standard.com/article/opinion/a-sharp-turnaround-121062800008_1.html India Inc remains cautious after a robust Q4 performance The results of 1,757 listed companies that have declared their results for the fourth
Day: June 28, 2021
A stitch in time – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/a-stitch-in-time/article35004562.ece RBI’s norms for NBFC dividend payouts may not have an immediate impact, but signal emerging stress In line with its stated objective of
Inadequate planning | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/inadequate-planning-121062800010_1.html PLI schemes are being spread across too many sectors The Union government’s production-linked incentive (PLI) schemes for various sectors are gathering momentum. It
A stitch in time – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/a-stitch-in-time/article35004562.ece RBI’s norms for NBFC dividend payouts may not have an immediate impact, but signal emerging stress In line with its stated objective of
What is presumptive taxation scheme for professionals? Who can opt for it? – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/what-is-presumptive-taxation-scheme-for-professionals-who-can-opt-for-it/2279158/ This scheme is available only to a resident individual or a partnership firm engaged in a specified profession but not to a limited
Ambulance that can be drawn by an autorickshaw – The Hindu
Clipped from: https://www.thehindu.com/news/national/andhra-pradesh/ambulance-that-can-be-drawn-by-an-autorickshaw/article34981387.ece?homepage=true It has an oxygen cylinder, life-saving drugs and space for two to accompany a patient The coronavirus pandemic has exposed the lack of
After Air India, Cairn to target more state cos to recover money due from govt – The Hindu
Clipped from: https://www.thehindu.com/business/Industry/after-air-india-cairn-to-target-more-state-cos-to-recover-money-due-from-govt/article34998594.ece Last month, Cairn brought a lawsuit in the U.S. District Court. After Air India, Britain’s Cairn Energy PLC plans to target assets of
Govt defers mandatory installation of front seat airbags in existing car models till December 31 – The Hindu
Clipped from: https://www.thehindu.com/business/Industry/govt-defers-mandatory-installation-of-front-seat-airbags-in-existing-car-models-till-december-31/article35001403.ece At present, only the driver’s seat airbag is mandatory for existing models of cars The road transport ministry has deferred by four months
IBBI ‘inadvertently’ puts out Aadhaar, PAN info of creditors on website; removes them later – The Hindu
Clipped from: https://www.thehindu.com/business/Industry/ibbi-inadvertently-puts-out-aadhaar-pan-info-of-creditors-on-website-removes-them-later/article35001568.ece It could not be immediately ascertained as to such details of how many creditors were put out The Insolvency and Bankruptcy Board of
Why keeping your money in the bank is making you poorer every year | Deccan Herald
Clipped from: https://www.deccanherald.com/business/family-finance/why-keeping-your-money-in-the-bank-is-making-you-poorer-every-year-999590.html Unfortunately, India tends to have one of the highest inflation rates in the world Pratik Oswal. A salary hitting the bank account every
IMF has rescue plan for poor nations, but rich ones stand to gain | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/panorama/imf-has-rescue-plan-for-poor-nations-but-rich-ones-stand-to-gain-1001174.html For poor countries, the most immediate need is for Covid vaccines By Peter S Goodman and Alan Rappeport, In a global economy defined by
Covid effect: A four-point plan likely for bankruptcy professionals – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/covid-effect-a-four-point-plan-likely-for-bankruptcy-professionals/articleshow/83892982.cmsSynopsis Two people familiar with the matter told ET that the Indian Institute of Insolvency Professionals of ICAI (IIIPI) is making the recommendations, including
“Bias it is”: CMIE chief’s defence of CPHS survey elicits fresh critical response from Jean Drèze, Anmol Somanchi – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/bias-it-is-cmie-chiefs-defence-of-cphs-survey-elicits-fresh-critical-response-from-jean-drze-anmol-somanchi/articleshow/83889707.cmsSynopsis “The representativeness of CPHS data cannot be assumed from the survey methodology. It must be scrutinised through comparisons with other credible sources,” the
Supply eased, now revive demand to spur growth: Govt must step in, RBI may not offer more sops – The Financial Express
Clipped from: https://www.financialexpress.com/economy/supply-eased-now-revive-demand-to-spur-growth-govt-must-step-in-rbi-may-not-offer-more-sops/2277324/ In an economy recovering from the first wave of coronavirus pandemic, supply-side snags eased during the January-March quarter while demand was still fragile.
Central banks continue to term inflation as transitory, but its threat to recovery could be real – The Financial Express
Clipped from: https://www.financialexpress.com/economy/central-banks-continue-to-term-inflation-as-transitory-but-its-threat-to-recovery-could-be-real/2278425/ Deep dive into major components of inflation- food, fuel and core- each reveal idiosyncratic factors that will potentially be longer lived. The word
UCBs are now RBI’s baby — just like Yes Bank and LVB are – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-ucbs-are-now-rbis-baby-just-like-yes-bank-and-lvb-are/articleshow/83899908.cmsSynopsis The troubles with Yes Bank were as much a reflection of questionable loans as it was of regulatory lapses. Letting a large, new-age
China is now second largest export partner of India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/china-is-now-second-largest-export-partner-of-india/articleshow/83865248.cmsSynopsis The US remained the country’s top export partner, according to government data, but shipments declined 2.78% to $51.63 billion in a year when
Proposed amendments to consumer protection rules will harm consumer interest, hurt the growth e-commerce sector – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/policy-trends/proposed-amendments-to-consumer-protection-rules-will-harm-consumer-interest-hurt-the-growth-e-commerce-sector/articleshow/83865642.cmsSynopsis E-commerce, in recent years, has already significantly empowered both consumers and small businesses in the country. Millions of first-generation entrepreneurs and SMEs in
You can’t just wish away the inflationary impact of reserve money expansion – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-you-cant-just-wish-away-the-inflationary-impact-of-reserve-money-expansion/articleshow/83898505.cmsSynopsis For growth to pick up, the first condition is to lift the lockdown(s) as early as possible. Without it, even increased government expenditures