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
Month: June 2021
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
A sterling order by Delhi high court – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/a-sterling-order-by-delhi-high-court/articleshow/83582669.cmsSynopsis Welcome judicial action to check executive excess In passing the order they did, granting bail to three students charged with terrorist conspiracy under
Death without a will: Legal heirs of a woman if she dies without will – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/legal-heirs-of-a-woman-if-she-dies-without-will/articleshow/83456987.cmsSynopsis In most cases, a will ensures that the assets are transferred to the desired beneficiaries, which may not happen if a person dies
rbi loan moratorium: How borrowers can use second loan moratorium offered due to coronavirus: Should you opt for it? – The Economic Times
lipped from: https://economictimes.indiatimes.com/wealth/borrow/how-borrowers-can-use-second-loan-moratorium-offered-due-to-coronavirus-should-you-opt-for-it/articleshow/83542400.cmsSynopsis You can apply for a complete holiday of any repayment be it principal or interest up to a total moratorium period of two
msme registration: Govt simplifies registration process for MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/govt-simplifies-registration-process-for-msmes/articleshow/83551195.cmsSynopsis The government has simplified the registration process for micro, small and medium enterprises and they will now only need to furnish PAN and
NCLT raises doubt over confidentiality of liquidation valuation of Videocon – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/companies/nclt-raises-doubt-over-confidentiality-of-liquidation-valuation-of-videocon/articleshow/83574971.cmsSynopsis The liquidation value of Videocon Industries and its 12 group companies was Rs 2,568.13 crore and fair value of the assets was Rs
MCA amends board meeting rules to permanently allow virtual resolutions on financial statements, restructuring – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/mca-amends-board-meeting-rules-to-permanently-allow-virtual-resolutions-on-financial-statements-restructuring/articleshow/83576768.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis ET had first reported in January on the government’s intention to make certain pandemic-induced relaxations permanent such as allowing virtual annual general meetings
PNB scam: Fearing investigation by Indian agencies, Mehul Choksi got dummy directors shifted to Bangkok, says CBI – The Economic Times
lipped from: https://economictimes.indiatimes.com/news/india/pnb-scam-fearing-investigation-by-indian-agencies-mehul-choksi-got-dummy-directors-shifted-to-bangkok-says-cbi/articleshow/83573981.cmsSynopsis The probe has revealed that Choksi appointed employees of his Gitanjali Group of Companies as Directors/ Partners/ Authorized Signatories to his Hong Kong
RBI likely to maintain status quo in August meet, suggests SBI report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/rbi-likely-to-maintain-status-quo-in-august-meet-suggests-sbi-report/articleshow/83569611.cmsSynopsis According to the State Bank of India’s Ecowrap report, inflation may remain on the higher side for a few months because of several
RBI economists call rising inflation transitory, owing to pent-up demand – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/rbi-economists-call-rising-inflation-transitory-owing-to-pent-up-demand/articleshow/83576454.cmsSynopsis Economists at the central bank also prescribe quantifiable metrics to bring down fiscal expenditure and target them for better efficiency. These two views
How to make the most of tax deductions on education loan – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/how-to-make-the-most-of-tax-deductions-on-education-loan/2272216/ You can claim tax deductions against education loans under Section 80E of the Income Tax Act. However, there are a few things to
Financial Express MSME Webinar 2021: Business Webinars, MSME Webinar by Entrepreneurs
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-eodb-resolution-framework-2-0-rbi-considerate-of-msmes-need-but-real-time-situation-demands-more-measures/2272761/ Ease of Doing Business for MSMEs: A new exclusive criterion for asset classification for MSMEs or provision for interim financing or credit facility
On freeing up micro-finance industry space, caution must match intent – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/on-freeing-up-micro-finance-industry-space-caution-must-match-intent/2272725/ The income ceiling for for defining MFI loans, the proposal to free NBFC MFIs from the current cap on spread, etc, need a
Resilient economy: Direct tax mop up surges in FY22 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/resilient-economy-direct-tax-mop-up-surges-in-fy22/article34833450.ece?homepage=true Net direct tax collection doubles to ₹1.86-lakh crore In a sign of economic resilience despite the devastating Covid-19 second wave, advance tax collections
Biden may not undo Trump policies soon – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/biden-may-not-undo-trump-policies-soon/article34833163.ece?homepage=true The US’ inward-looking stance and trade war with China will continue at least till its economy recovers from the pandemic blow Under the
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