lipped from: https://indianexpress.com/article/opinion/columns/its-time-for-rbi-to-turn-its-attention-to-inflation-7372814/ So far, it has not responded to high inflation. But recent trends will persuade it to turn focus back on prices. Rising inflation
Month: June 2021
करावे कर-समाधान : भांडवली संपत्तीची व्याख्या आणि करआकारणी | लोकसत्ता
Clipped from: https://www.loksatta.com/arthvrutant-news/income-tax-on-capital-asset-capital-assets-definition-zws-70-2505565/ भांडवली नफा हा कोणत्या संपत्तीवर करपात्र आहे हे समजल्यानंतर यावरील करपात्रता त्याच्या धारण काळावर अवलंबून असते. प्रवीण देशपांडे व्यक्तीची करपात्रता ही त्याच्याकडील संपत्तीच्या
Forced rescue – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/rbi-and-the-centre-must-do-their-best-to-ensure-that-the-pmc-bank-resolution-works/article34935111.ece?homepage=true RBI and the Centre must do their best to ensure that the PMC Bank resolution works Afer 20 months of being left out
DHFL creditors vote against higher distribution of funds to small investors – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/dhfl-creditors-vote-against-higher-distribution-of-funds-to-small-investors/article34932244.ece?homepage=true NCLT had suggested 40% recovery to small investors similar to that of financial creditors The Committee of Creditors of Dewan Housing Finance Corporation
Long haul ahead | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/long-haul-ahead-121062301934_1.html Jet Airways revival will be a challenge for new owners The National Company Law Tribunal has cleared the revival plan for Jet Airways,
Suraksha group beats NBCC India in close race to buy Jaypee Infratech | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/suraksha-group-beats-nbcc-india-in-close-race-for-jaypee-infratech-121062301561_1.html It’s a photo finish with Suraksha getting 98.66% votes, while NBCC gets 98.54% All lenders, except ICICI Bank, voted in favour of both
Intermediaries must comply with new IT Rules – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/intermediaries-must-comply-with-new-it-rules/2277214/ WhatsApp and other controversies notwithstanding, the Indian market remains open only upon compliance The government views this stand as nothing but an afterthought,
Financial Express MSME Webinar 2021: Business Webinars, MSME Webinar by Entrepreneurs
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-sidbi-revamps-term-loan-scheme-liquid-for-covid-hit-msmes-enables-credit-up-to-20-of-highest-outstanding/2276441/ Credit and Finance for MSMEs: The scheme would involve zero contribution from the promoter of the enterprise apart from offering subsidized interest rate,
A prescription for GDP growth: Govt must spend, save economy from slipping again, forget deficit – The Financial Express
lipped from: https://www.financialexpress.com/economy/a-prescription-for-gdp-growth-govt-must-spend-save-economy-from-slipping-again-forget-deficit/2276869/ Government must scale up spending, boost consumption, and ignore the rise in fiscal deficit, for now, to revive the economy. Economists say increased
RBI’s accommodative stance has been justified – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/rbis-accommodative-stance-has-been-justified/2277210/ With inflation likely to stay elevated as the economy revives, RBI must ready itself to normalise monetary policy Also, since the private sector
Lessons from resolution of Jet Airways – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/lessons-from-resolution-of-jet-airways/articleshow/83790052.cmsSynopsis The company had received claims of nearly Rs 25,000 crore, of which the resolution professional admitted Rs 8,462 crore as legitimate claims. The
Mostly Welcome Microfinance Norms – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/mostly-welcome-microfinance-norms/articleshow/83790207.cmsSynopsis The RBI paper now seeks to streamline and update microfinance regulation across all regulated entities, which makes perfect sense. The rates of interest
MCA raises threshold of small and medium companies in updated accounting standards rules – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/mca-raises-threshold-of-small-and-medium-companies-in-updated-accounting-standards-rules/articleshow/83782962.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis According to the notification on Wednesday, SMCs have been defined as unlisted firms with a turnover not exceeding Rs 250 crore and with
India’s new intermediary rules: Reasons why the fear of tax-slapping is unfounded – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/indias-new-intermediary-rules-reasons-why-the-fear-of-tax-slapping-is-unfounded/articleshow/83788477.cmsSynopsis The new rules require that the three officers employed by the significant social media intermediary must be resident in India. Now, the essential
New rules for e-commerce companies likely to raise compliance burden | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/new-rules-for-e-commerce-companies-likely-to-raise-compliance-burden-121062300032_1.html The consumer affairs ministry proposed changes to Consumer Protection Rules, 2020 The new e-commerce rules, as proposed in by the Ministry of Consumer
Antitrust watchdog CCI orders probe into Google in smart TVs suit | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/antitrust-watchdog-cci-orders-probe-into-google-in-smart-tvs-suit-121062201826_1.html India’s antitrust watchdog on Tuesday ordered an investigation into allegations that Alphabet Inc’s Google abused its Android operating system’s position in the country’s
Just 2 players in telecom mkt will be tragic: Bharti Airtel’s Sunil Mittal | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/just-2-players-in-telecom-mkt-will-be-tragic-bharti-airtel-s-sunil-mittal-121062202001_1.html According to DoT estimates, Vodafone Idea owes Rs 58,400 crore as AGR dues Sunil Mittal Terming India’s near duopoly telecom space “tragic”, Bharti Airtel Chairman Sunil
TDS/TCS norms: New tool on I-T portal to help businesses do ‘compliance check’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/tdstcs-norms-new-tool-on-i-t-portal-to-help-businesses-do-compliance-check/article34914830.ece List of non-specified persons will get freezed at the beginning of the financial year The Income Tax Department has provided a new functionality
Why DFIs have regained relevance today – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/why-dfis-have-regained-relevance-today/article34913371.ece We perhaps failed to review mandates given to development finance institutions in the past to enable them to change course Development Financial Institutions
Cost of capital heads southwards for Indian companies – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/cost-of-capital-heads-southwards-for-indian-companies/article34912674.ece Cost of capital for Indian companies has been declining, in line with the falling bond yields and policy rate. The average cost of